NASDAQ:ABCBAmeris Bancorp Stock Price, Forecast & News

Ameris Bancorp's stock was trading at $25.74 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ABCB shares have decreased by 12.9% and is now trading at $22.42. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ameris Bancorp in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Ameris Bancorp.

Ameris Bancorp is scheduled to release its next quarterly earnings announcement on Friday, July 24th 2020. View our earnings forecast for Ameris Bancorp.

Ameris Bancorp (NASDAQ:ABCB) announced its quarterly earnings data on Thursday, April, 23rd. The bank reported $0.56 EPS for the quarter, missing the Zacks' consensus estimate of $0.76 by $0.20. The bank earned $202.32 million during the quarter, compared to the consensus estimate of $205.45 million. Ameris Bancorp had a net margin of 15.38% and a return on equity of 9.91%. During the same period in the prior year, the firm posted $0.90 earnings per share. View Ameris Bancorp's earnings history.

Ameris Bancorp announced a quarterly dividend on Wednesday, June 17th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.15 per share on Friday, July 10th. This represents a $0.60 dividend on an annualized basis and a yield of 2.68%. The ex-dividend date is Monday, June 29th. View Ameris Bancorp's dividend history.

5 analysts have issued 12-month target prices for Ameris Bancorp's shares. Their forecasts range from $25.00 to $53.00. On average, they expect Ameris Bancorp's share price to reach $36.60 in the next year. This suggests a possible upside of 63.2% from the stock's current price. View analysts' price targets for Ameris Bancorp.

Press coverage about ABCB stock has been trending negative recently, InfoTrie reports. The research group identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Ameris Bancorp earned a news sentiment score of -2.1 on InfoTrie's scale. They also gave press coverage about the bank a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news about Ameris Bancorp.

Ameris Bancorp saw a decrease in short interest in the month of June. As of June 30th, there was short interest totaling 1,640,000 shares, a decrease of 12.3% from the June 15th total of 1,870,000 shares. Based on an average trading volume of 464,700 shares, the short-interest ratio is presently 3.5 days. Currently, 2.5% of the company's shares are short sold. View Ameris Bancorp's Current Options Chain.

Some companies that are related to Ameris Bancorp include Truist Financial (TFC), PNC Financial Services Group (PNC), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Signature Bank (SBNY), Zions Bancorporation NA (ZION), Prosperity Bancshares (PB), East West Bancorp (EWBC) and Cullen/Frost Bankers (CFR). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Ameris Bancorp investors own include Energy Transfer LP Unit (ET), Ford Motor (F), Oasis Petroleum (OAS), CBL & Associates Properties (CBL), General Electric (GE), Cornerstone Total Return Fund (CRF), Martin Midstream Partners (MMLP), AT&T (T), Amarin (AMRN) and Bank of America (BAC).

Ameris Bancorp trades on the NASDAQ under the ticker symbol "ABCB."

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

One share of ABCB stock can currently be purchased for approximately $22.42.

Ameris Bancorp has a market capitalization of $1.56 billion and generates $834.51 million in revenue each year. The bank earns $161.44 million in net income (profit) each year or $3.80 on an earnings per share basis. Ameris Bancorp employs 2,722 workers across the globe.

The official website for Ameris Bancorp is www.amerisbank.com.

Ameris Bancorp's mailing address is 3490 PIEDMONT RD SUITE 1550, ATLANTA GA, 30305. The bank can be reached via phone at 404-639-6500 or via email at [email protected]