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Ameris Bancorp (ABCB) Stock Price, News & Analysis

$49.86
+0.32 (+0.65%)
(As of 02:03 PM ET)
Today's Range
$49.48
$49.91
50-Day Range
$44.44
$50.45
52-Week Range
$30.85
$53.99
Volume
38,968 shs
Average Volume
357,056 shs
Market Capitalization
$3.45 billion
P/E Ratio
12.13
Dividend Yield
1.20%
Price Target
$52.00

Ameris Bancorp MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
4.5% Upside
$52.00 Price Target
Short Interest
Healthy
1.49% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.57mentions of Ameris Bancorp in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$355,125 Sold Last Quarter
Proj. Earnings Growth
7.46%
From $4.56 to $4.90 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.40 out of 5 stars

Finance Sector

332nd out of 831 stocks

State Commercial Banks Industry

73rd out of 167 stocks

ABCB stock logo

About Ameris Bancorp Stock (NASDAQ:ABCB)

Ameris Bancorp operates as the bank holding company for Ameris Bank that provides range of banking services to retail and commercial customers. It operates through five segments: Banking Division, Retail Mortgage Division, Warehouse Lending Division, SBA Division, and Premium Finance Division. The company offers commercial and retail checking, regular interest-bearing savings, money market, individual retirement, and certificates of deposit accounts. It also provides commercial real estate, residential real estate mortgage, agricultural, and commercial and industrial loans; consumer loans, including motor vehicle, home improvement, and home equity loans, as well as loans secured by savings accounts and personal credit lines. In addition, the company originates, administers, and services commercial insurance premium loans, equipment finance loans, and small business administration loans. It operates full service domestic banking offices, and mortgage and loan production offices. The company was founded in 1971 and is headquartered in Atlanta, Georgia.

ABCB Stock Price History

ABCB Stock News Headlines

Ameris Bancor earnings: here's what to expect
Ameris Bancorp: Q1 Earnings Snapshot
First Week of ABCB May 17th Options Trading
ABCB Mar 2024 50.000 call
ABCB Mar 2024 50.000 put
Ameris Bancorp
See More Headlines
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Company Calendar

Ex-Dividend for 4/8 Dividend
3/27/2024
Dividend Payable
4/08/2024
Last Earnings
4/26/2024
Today
5/21/2024
Next Earnings (Estimated)
7/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Regional Banks
Current Symbol
NASDAQ:ABCB
CUSIP
03076K10
Employees
2,765
Year Founded
1971

Price Target and Rating

Average Stock Price Target
$52.00
High Stock Price Target
$57.00
Low Stock Price Target
$44.00
Potential Upside/Downside
+5.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$269.11 million
Pretax Margin
23.99%

Debt

Sales & Book Value

Annual Sales
$1.52 billion
Cash Flow
$4.68 per share
Book Value
$49.63 per share

Miscellaneous

Free Float
65,306,000
Market Cap
$3.42 billion
Optionable
Optionable
Beta
1.04

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Key Executives


ABCB Stock Analysis - Frequently Asked Questions

Should I buy or sell Ameris Bancorp stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ameris Bancorp in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ABCB shares.
View ABCB analyst ratings
or view top-rated stocks.

What is Ameris Bancorp's stock price target for 2024?

4 brokers have issued 1 year price objectives for Ameris Bancorp's stock. Their ABCB share price targets range from $44.00 to $57.00. On average, they expect the company's share price to reach $52.00 in the next twelve months. This suggests a possible upside of 4.5% from the stock's current price.
View analysts price targets for ABCB
or view top-rated stocks among Wall Street analysts.

How have ABCB shares performed in 2024?

Ameris Bancorp's stock was trading at $53.05 at the start of the year. Since then, ABCB stock has decreased by 6.2% and is now trading at $49.77.
View the best growth stocks for 2024 here
.

When is Ameris Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
View our ABCB earnings forecast
.

How were Ameris Bancorp's earnings last quarter?

Ameris Bancorp (NASDAQ:ABCB) posted its quarterly earnings results on Friday, April, 26th. The bank reported $1.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.04 by $0.06. The bank earned $267.27 million during the quarter, compared to the consensus estimate of $258.05 million. Ameris Bancorp had a trailing twelve-month return on equity of 8.62% and a net margin of 18.06%. Ameris Bancorp's quarterly revenue was down .2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.86 earnings per share.

How often does Ameris Bancorp pay dividends? What is the dividend yield for Ameris Bancorp?

Ameris Bancorp announced a quarterly dividend on Thursday, March 14th. Investors of record on Sunday, March 31st will be given a dividend of $0.15 per share on Monday, April 8th. This represents a $0.60 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date of this dividend is Wednesday, March 27th.
Read our dividend analysis for ABCB
.

Is Ameris Bancorp a good dividend stock?

Ameris Bancorp (NASDAQ:ABCB) pays an annual dividend of $0.60 per share and currently has a dividend yield of 1.19%. The dividend payout ratio is 14.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ABCB will have a dividend payout ratio of 12.24% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ABCB.

What is H. Palmer Proctor, Jr.'s approval rating as Ameris Bancorp's CEO?

10 employees have rated Ameris Bancorp Chief Executive Officer H. Palmer Proctor, Jr. on Glassdoor.com. H. Palmer Proctor, Jr. has an approval rating of 66% among the company's employees.

What other stocks do shareholders of Ameris Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ameris Bancorp investors own include Energy Transfer (ET), Bank of America (BAC), Phillips 66 (PSX), Ford Motor (F), General Electric (GE), Advanced Micro Devices (AMD), CVS Health (CVS), Enterprise Products Partners (EPD), AT&T (T) and Walgreens Boots Alliance (WBA).

Who are Ameris Bancorp's major shareholders?

Ameris Bancorp's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.96%), Principal Financial Group Inc. (1.82%), Janus Henderson Group PLC (1.67%), William Blair Investment Management LLC (1.15%), Congress Asset Management Co. MA (1.11%) and Allspring Global Investments Holdings LLC (0.60%). Insiders that own company stock include H Palmer Proctor Jr, James A Lahaise, Jimmy D Veal, Jon S Edwards, Nicole S Stokes, William D Mckendry, William I Jr Bowen and William Millard Choate.
View institutional ownership trends
.

How do I buy shares of Ameris Bancorp?

Shares of ABCB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Ameris Bancorp have any subsidiaries?
The following companies are subsidiares of Ameris Bancorp: Atlantic Coast Financial.
Read More
This page (NASDAQ:ABCB) was last updated on 5/21/2024 by MarketBeat.com Staff

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