NASDAQ:ABCB Ameris Bancorp (ABCB) Stock Forecast, Price & News $31.56 -0.85 (-2.62%) (As of 05/31/2023 ET) Add Compare Share Share Today's Range$30.85▼$32.2250-Day Range$29.02▼$36.9552-Week Range$28.33▼$54.24Volume573,290 shsAverage Volume455,512 shsMarket Capitalization$2.19 billionP/E Ratio6.73Dividend Yield1.90%Price Target$45.40 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Ameris Bancorp MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside43.9% Upside$45.40 Price TargetShort InterestBearish3.24% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.83Based on 6 Articles This WeekInsider TradingAcquiring Shares$1.26 M Bought Last QuarterProj. Earnings Growth3.64%From $4.40 to $4.56 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.87 out of 5 starsFinance Sector251st out of 901 stocksState Commercial Banks Industry84th out of 192 stocks 3.3 Analyst's Opinion Consensus RatingAmeris Bancorp has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $45.40, Ameris Bancorp has a forecasted upside of 43.9% from its current price of $31.56.Amount of Analyst CoverageAmeris Bancorp has only been the subject of 3 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.24% of the float of Ameris Bancorp has been sold short.Short Interest Ratio / Days to CoverAmeris Bancorp has a short interest ratio ("days to cover") of 4.Change versus previous monthShort interest in Ameris Bancorp has recently increased by 28.48%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldAmeris Bancorp pays a meaningful dividend of 1.85%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAmeris Bancorp does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Ameris Bancorp is 12.79%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Ameris Bancorp will have a dividend payout ratio of 13.16% next year. This indicates that Ameris Bancorp will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ABCB. Previous Next 3.2 News and Social Media Coverage News SentimentAmeris Bancorp has a news sentiment score of 0.83. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.68 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Ameris Bancorp this week, compared to 3 articles on an average week.MarketBeat Follows3 people have added Ameris Bancorp to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ameris Bancorp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,256,130.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 5.50% of the stock of Ameris Bancorp is held by insiders.Percentage Held by Institutions86.74% of the stock of Ameris Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Ameris Bancorp are expected to grow by 3.64% in the coming year, from $4.40 to $4.56 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ameris Bancorp is 6.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.89.Price to Earnings Ratio vs. SectorThe P/E ratio of Ameris Bancorp is 6.73, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 164.54.Price to Book Value per Share RatioAmeris Bancorp has a P/B Ratio of 0.67. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Ameris Bancorp (NASDAQ:ABCB) StockAmeris Bancorp is a bank holding company, which through the subsidiary, Ameris Bank, engages in the provision of banking services to its retail and commercial customers. It operates through the following business segments: Banking, Retail Mortgage, Warehouse Lending, the SBA and Premium Finance. The Banking segment offers full service financial services to include commercial loans, consumer loans and deposit accounts. The Retail Mortgage segment includes origination, sales, and servicing of one-to-four family residential mortgage loans. The Warehouse Lending segment includes the origination and servicing of warehouse lines to other businesses that are secured by underlying one-to-four family residential mortgage loans. The SBA segment consists of origination, sales, and servicing of small business administration loans. The Premium Finance segment includes the origination and servicing of commercial insurance premium finance loans. The company was founded on October, 1971 and is headquartered in Moultrie, GA.Read More Receive ABCB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ameris Bancorp and its competitors with MarketBeat's FREE daily newsletter. Email Address ABCB Stock News HeadlinesMay 30, 2023 | msn.comAmeris Bancorp: Reducing The Earnings Estimate But Maintaining A BuyMay 28, 2023 | americanbankingnews.comAmeris Bancorp (NASDAQ:ABCB) Short Interest Up 28.5% in MayJune 1, 2023 | Edge On The Street (Ad)Graphite Shortage Could Derail the $7 Trillion EV TransitionGraphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.May 25, 2023 | finance.yahoo.comImplied Volatility Surging for Ameris Bancorp (ABCB) Stock OptionsMay 23, 2023 | americanbankingnews.comAmeris Bancorp (NASDAQ:ABCB) Receives $44.75 Average PT from AnalystsMay 20, 2023 | americanbankingnews.comAmeris Bancorp (NASDAQ:ABCB) Insider Acquires $30,140.00 in StockMay 20, 2023 | americanbankingnews.comStockNews.com Begins Coverage on Ameris Bancorp (NASDAQ:ABCB)May 17, 2023 | americanbankingnews.comAmeris Bancorp (NASDAQ:ABCB) Insider James A. Lahaise Buys 10,000 SharesJune 1, 2023 | Edge On The Street (Ad)Graphite Shortage Could Derail the $7 Trillion EV TransitionGraphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.May 13, 2023 | americanbankingnews.comInsider Buying: Ameris Bancorp (NASDAQ:ABCB) CFO Buys $29,070.00 in StockMay 12, 2023 | americanbankingnews.comH Palmer Proctor, Jr. Buys 10,000 Shares of Ameris Bancorp (NASDAQ:ABCB) StockMay 5, 2023 | uk.news.yahoo.comCorporate Executive VP & Chief Strategy Officer of Ameris Bancorp Picks Up 14% More StockMay 5, 2023 | finance.yahoo.comCorporate Executive VP & Chief Strategy Officer of Ameris Bancorp Picks Up 14% More Stock \May 5, 2023 | americanbankingnews.comAmeris Bancorp Expected to Earn Q2 2023 Earnings of $1.14 Per Share (NASDAQ:ABCB)May 5, 2023 | americanbankingnews.comAmeris Bancorp (NASDAQ:ABCB) Insider Buys $330,300.00 in StockMay 4, 2023 | americanbankingnews.comTruist Financial Trims Ameris Bancorp (NASDAQ:ABCB) Target Price to $38.00May 3, 2023 | marketwatch.comWednesday 5/3 Insider Buying Report: ABCBMay 3, 2023 | americanbankingnews.comPiper Sandler Lowers Ameris Bancorp (NASDAQ:ABCB) Price Target to $46.00May 2, 2023 | msn.comTruist Securities Maintains Ameris Bancorp (ABCB) Buy RecommendationMay 2, 2023 | msn.comKeefe, Bruyette & Woods Maintains Ameris Bancorp (ABCB) Outperform RecommendationMay 2, 2023 | msn.comPiper Sandler Maintains Ameris Bancorp (ABCB) Overweight RecommendationApril 30, 2023 | americanbankingnews.comAmeris Bancorp (NASDAQ:ABCB) Issues Quarterly Earnings Results, Misses Expectations By $0.34 EPSApril 30, 2023 | americanbankingnews.comShort Interest in Ameris Bancorp (NASDAQ:ABCB) Rises By 12.9%April 30, 2023 | americanbankingnews.comAmeris Bancorp (NASDAQ:ABCB) Shares Gap Down After Earnings MissApril 29, 2023 | finance.yahoo.comQ1 2023 Ameris Bancorp Earnings CallApril 28, 2023 | americanbankingnews.comAmeris Bancorp (NASDAQ:ABCB) Receives Consensus Recommendation of "Hold" from AnalystsApril 27, 2023 | msn.comAmeris Bancorp (ABCB) Q1 Earnings Lag EstimatesSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive ABCB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ameris Bancorp and its competitors with MarketBeat's FREE daily newsletter. Email Address ABCB Company Calendar Ex-Dividend for 4/10 Dividend3/30/2023Dividend Payable4/10/2023Last Earnings4/28/2023Today6/01/2023Next Earnings (Estimated)7/25/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry State commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:ABCB CUSIP03076K10 CIK351569 Webwww.amerisbank.com Phone(229) 890-1111Fax229-890-2235Employees2,847Year Founded1971Price Target and Rating Average Stock Price Forecast$45.40 High Stock Price Forecast$54.00 Low Stock Price Forecast$38.00 Forecasted Upside/Downside+43.9%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$4.69 Trailing P/E Ratio6.73 Forward P/E Ratio7.17 P/E GrowthN/ANet Income$346.54 million Net Margins25.82% Pretax Margin33.52% Return on Equity9.94% Return on Assets1.27% Debt Debt-to-Equity Ratio0.78 Current Ratio1.11 Quick Ratio1.09 Sales & Book Value Annual Sales$1.18 billion Price / Sales1.86 Cash Flow$5.37 per share Price / Cash Flow5.88 Book Value$46.89 per share Price / Book0.67Miscellaneous Outstanding Shares69,370,000Free Float65,558,000Market Cap$2.19 billion OptionableOptionable Beta1.09 Social Links Key ExecutivesH. Palmer ProctorVice Chairman & Chief Executive OfficerNicole S. StokesChief Financial Officer & Executive Vice PresidentJon S. EdwardsChief Credit Officer & Executive Vice PresidentJames A. LahaiseChief Strategy Officer & Executive Vice PresidentLawton E. BassettChief Banking Officer & Executive Vice PresidentKey CompetitorsCathay General BancorpNASDAQ:CATYTexas Capital BancsharesNASDAQ:TCBIFirst Interstate BancSystemNASDAQ:FIBKFirst BanCorp.NYSE:FBPIndependent BankNASDAQ:INDBView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 848 shares on 5/26/2023Ownership: 0.014%Brandywine Global Investment Management LLCBought 37,623 shares on 5/25/2023Ownership: 0.245%Royce & Associates LPBought 28,150 shares on 5/23/2023Ownership: 0.068%William Millard ChoateBought 7,490 shares on 5/23/2023Total: $250,016.20 ($33.38/share)Ameriprise Financial Inc.Sold 157,252 shares on 5/22/2023Ownership: 1.781%View All Insider TransactionsView All Institutional Transactions ABCB Stock - Frequently Asked Questions Should I buy or sell Ameris Bancorp stock right now? 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ameris Bancorp in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ABCB shares. View ABCB analyst ratings or view top-rated stocks. What is Ameris Bancorp's stock price forecast for 2023? 6 Wall Street research analysts have issued twelve-month price objectives for Ameris Bancorp's shares. Their ABCB share price forecasts range from $38.00 to $54.00. On average, they anticipate the company's stock price to reach $45.40 in the next year. This suggests a possible upside of 43.9% 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 2023? Ameris Bancorp's stock was trading at $47.14 at the start of the year. Since then, ABCB shares have decreased by 33.1% and is now trading at $31.56. View the best growth stocks for 2023 here. Are investors shorting Ameris Bancorp? Ameris Bancorp saw a increase in short interest in May. As of May 15th, there was short interest totaling 2,120,000 shares, an increase of 28.5% from the April 30th total of 1,650,000 shares. Based on an average trading volume of 528,800 shares, the days-to-cover ratio is presently 4.0 days. Currently, 3.2% of the shares of the stock are short sold. View Ameris Bancorp's Short Interest. When is Ameris Bancorp's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023. View our ABCB earnings forecast. How were Ameris Bancorp's earnings last quarter? Ameris Bancorp (NASDAQ:ABCB) released its quarterly earnings data on Friday, April, 28th. The bank reported $0.86 EPS for the quarter, missing analysts' consensus estimates of $1.20 by $0.34. The bank had revenue of $267.70 million for the quarter, compared to analyst estimates of $264.36 million. Ameris Bancorp had a trailing twelve-month return on equity of 9.94% and a net margin of 25.82%. The firm's revenue for the quarter was up 3.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.08 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 Friday, March 17th. Shareholders of record on Friday, March 31st will be paid a dividend of $0.15 per share on Monday, April 10th. This represents a $0.60 annualized dividend and a dividend yield of 1.90%. The ex-dividend date is Thursday, March 30th. Read our dividend analysis for ABCB. What ETFs hold Ameris Bancorp's stock? ETFs with the largest weight of Ameris Bancorp (NASDAQ:ABCB) stock in their portfolio include Invesco KBW Regional Banking ETF (KBWR), First Trust NASDAQ ABA Community Bank Index Fund (QABA), Invesco S&P SmallCap Financials ETF (PSCF), ETC 6 Meridian Small Cap Equity ETF (SIXS), SPDR S&P Regional Banking ETF (KRE), SPDR S&P Bank ETF (KBE), First Trust Nasdaq Bank ETF (FTXO) and 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 1.85%. The dividend payout ratio is 12.79%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ABCB will have a dividend payout ratio of 13.16% 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). What is Ameris Bancorp's stock symbol? Ameris Bancorp trades on the NASDAQ under the ticker symbol "ABCB." Who are Ameris Bancorp's major shareholders? Ameris Bancorp's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (14.78%), Wellington Management Group LLP (7.01%), Dimensional Fund Advisors LP (5.67%), State Street Corp (4.49%), American Century Companies Inc. (3.29%) and Principal Financial Group Inc. (2.83%). Insiders that own company stock include Elizabeth A Mccague, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Ameris Bancorp's stock price today? One share of ABCB stock can currently be purchased for approximately $31.56. How much money does Ameris Bancorp make? Ameris Bancorp (NASDAQ:ABCB) has a market capitalization of $2.19 billion and generates $1.18 billion in revenue each year. The bank earns $346.54 million in net income (profit) each year or $4.69 on an earnings per share basis. How many employees does Ameris Bancorp have? The company employs 2,847 workers across the globe. Does Ameris Bancorp have any subsidiaries? The following companies are subsidiares of Ameris Bancorp: Atlantic Coast Financial.Read More How can I contact Ameris Bancorp? Ameris Bancorp's mailing address is 3490 PIEDMONT RD SUITE 1550, ATLANTA GA, 30305. The official website for the company is www.amerisbank.com. The bank can be reached via phone at (229) 890-1111, via email at investor.relations@slgreen.com, or via fax at 229-890-2235. This page (NASDAQ:ABCB) was last updated on 6/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Ameris Bancorp Please log in to your account or sign up in order to add this asset to your watchlist. 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