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NASDAQ:ABCB

Ameris Bancorp Stock Forecast, Price & News

$21.91
+0.47 (+2.19 %)
(As of 09/25/2020 08:00 PM ET)
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Today's Range
$21.20
Now: $21.91
$22.02
50-Day Range
$21.18
MA: $24.47
$26.78
52-Week Range
$17.12
Now: $21.91
$44.90
Volume13,040 shs
Average Volume428,088 shs
Market Capitalization$1.52 billion
P/E Ratio11.29
Dividend Yield2.74%
Beta1.49
Ameris Bancorp operates as the bank holding company for Ameris Bank that provides banking services to retail and commercial customers primarily in Georgia, Alabama, Florida, and South Carolina. The company operates through five segments: Banking Division, Retail Mortgage Division, Warehouse Lending Division, SBA Division, and Premium Finance Division. It offers commercial and retail checking, regular interest-bearing savings, money market, individual retirement, and certificates of deposit accounts. The company 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 small unsecured personal credit lines; and municipal and commercial insurance premium finance loans. It operates 125 domestic banking offices and 16 loan production offices. Ameris Bancorp was founded in 1971 and is headquartered in Moultrie, Georgia.
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Ameris Bancorp logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.6Community Rank: 2.6Dividend Strength: 2.5Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.91 out of 5 stars


Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:ABCB
CUSIP03076K10
Phone404-639-6500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$834.51 million
Cash Flow$3.55 per share
Book Value$35.45 per share

Profitability

Net Income$161.44 million

Miscellaneous

Employees2,722
Market Cap$1.52 billion
Next Earnings Date10/16/2020 (Estimated)
OptionableOptionable
$21.91
+0.47 (+2.19 %)
(As of 09/25/2020 08:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Ameris Bancorp (NASDAQ:ABCB) Frequently Asked Questions

How has Ameris Bancorp's stock price been impacted by COVID-19 (Coronavirus)?

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 14.9% and is now trading at $21.91.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Ameris Bancorp?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ameris Bancorp in the last year. There are currently 5 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Ameris Bancorp
.

When is Ameris Bancorp's next earnings date?

Ameris Bancorp is scheduled to release its next quarterly earnings announcement on Friday, October 16th 2020.
View our earnings forecast for Ameris Bancorp
.

How were Ameris Bancorp's earnings last quarter?

Ameris Bancorp (NASDAQ:ABCB) announced its quarterly earnings data on Monday, July, 27th. The bank reported $0.61 earnings per share for the quarter, topping analysts' consensus estimates of $0.60 by $0.01. The bank earned $284.77 million during the quarter, compared to analysts' expectations of $218.95 million. Ameris Bancorp had a net margin of 12.69% and a return on equity of 8.86%. During the same quarter last year, the firm posted $0.96 EPS.
View Ameris Bancorp's earnings history
.

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

Ameris Bancorp announced a quarterly dividend on Tuesday, September 22nd. Stockholders of record on Wednesday, September 30th will be given a dividend of $0.15 per share on Friday, October 9th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.74%. The ex-dividend date of this dividend is Tuesday, September 29th.
View Ameris Bancorp's dividend history
.

What price target have analysts set for ABCB?

6 analysts have issued 12-month price objectives for Ameris Bancorp's shares. Their forecasts range from $25.00 to $53.00. On average, they expect Ameris Bancorp's stock price to reach $32.50 in the next twelve months. This suggests a possible upside of 48.3% from the stock's current price.
View analysts' price targets for Ameris Bancorp
.

Are investors shorting Ameris Bancorp?

Ameris Bancorp saw a decline in short interest in August. As of August 31st, there was short interest totaling 1,360,000 shares, a decline of 12.3% from the August 15th total of 1,550,000 shares. Based on an average daily volume of 374,800 shares, the short-interest ratio is presently 3.6 days. Currently, 2.1% of the shares of the company are sold short.
View Ameris Bancorp's Short Interest
.

Who are some of Ameris Bancorp's key competitors?

What other stocks do shareholders of Ameris Bancorp own?

Who are Ameris Bancorp's key executives?

Ameris Bancorp's management team includes the following people:
  • Mr. Dennis J. Zember Jr., Pres, CEO & Director (Age 49)
  • Ms. Nicole S. Stokes, Exec. VP & CFO (Age 45)
  • Mr. James Allan LaHaise III, Exec. VP & Chief Strategy Officer (Age 58)
  • Mr. Lawton E. Bassett III, Exec. VP & Banking Group Pres (Age 50)
  • Ms. Cindi H. Lewis, Exec. VP, Chief Admin. Officer & Corp. Sec. (Age 65)

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 a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.89%), Goldman Sachs Group Inc. (3.03%), Jennison Associates LLC (1.99%), Polaris Capital Management LLC (1.64%), GW&K Investment Management LLC (1.58%) and Bank of New York Mellon Corp (1.19%). Company insiders that own Ameris Bancorp stock include Elizabeth A Mccague, H Palmer Proctor Jr, James A Lahaise, Michael T Pierson, Robert P Lynch, Ross L Creasy and William I Jr Bowen.
View institutional ownership trends for Ameris Bancorp
.

Which institutional investors are selling Ameris Bancorp stock?

ABCB stock was sold by a variety of institutional investors in the last quarter, including Castine Capital Management LLC, Mendon Capital Advisors Corp, Jennison Associates LLC, Bank of New York Mellon Corp, Glenmede Trust Co. NA, Vanguard Group Inc., Goldman Sachs Group Inc., and BHZ Capital Management LP.
View insider buying and selling activity for Ameris Bancorp
.

Which institutional investors are buying Ameris Bancorp stock?

ABCB stock was purchased by a variety of institutional investors in the last quarter, including Stieven Capital Advisors L.P., Victory Capital Management Inc., Russell Investments Group Ltd., EJF Capital LLC, Marshall Wace LLP, New York State Common Retirement Fund, GW&K Investment Management LLC, and Cubist Systematic Strategies LLC. Company insiders that have bought Ameris Bancorp stock in the last two years include Elizabeth A Mccague, H Palmer Proctor Jr, Michael T Pierson, Robert P Lynch, Ross L Creasy, and William I Jr Bowen.
View insider buying and selling activity for Ameris Bancorp
.

How do I buy shares of Ameris Bancorp?

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.

What is Ameris Bancorp's stock price today?

One share of ABCB stock can currently be purchased for approximately $21.91.

How big of a company is Ameris Bancorp?

Ameris Bancorp has a market capitalization of $1.52 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.

What is Ameris Bancorp's official website?

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

How can I contact Ameris Bancorp?

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]

This page was last updated on 9/28/2020 by MarketBeat.com Staff

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