NASDAQ:ABCBAmeris Bancorp Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. Log In and Add $25.82 +1.44 (+5.91 %) (As of 08/7/2020 04:00 PM ET) Add Compare Share Today's Range$23.92Now: $25.82▼$25.8450-Day Range$20.37MA: $22.63▼$24.7752-Week Range$17.12Now: $25.82▼$44.90Volume312,237 shsAverage Volume451,652 shsMarket Capitalization$1.79 billionP/E Ratio13.31Dividend Yield2.46%Beta1.44 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.5 Analyst's Opinion Consensus RatingAmeris Bancorp has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $33.60, Ameris Bancorp has a potential upside of 30.1% from its current price of $25.82.Amount of Analyst CoverageAmeris Bancorp has only been the subject of 3 research reports in the past 90 days. Previous Next 2.6 Community Rank Outperform VotesAmeris Bancorp has received 378 “outperform” votes. (Add your “outperform” vote.)Underperform VotesAmeris Bancorp has received 358 “underperform” votes. (Add your “underperform” vote.)Community SentimentAmeris Bancorp has received 51.36% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Ameris Bancorp and other stocks. Vote “Outperform” if you believe ABCB will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ABCB will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 2.5 Dividend Strength Dividend YieldAmeris Bancorp pays a meaningful dividend of 2.46%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAmeris Bancorp has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Ameris Bancorp is 15.79%. 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 24.00% next year. This indicates that Ameris Bancorp will be able to sustain or increase its dividend. Previous Next 4.0 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 $35,160.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 5.40% of the stock of Ameris Bancorp is held by insiders.Percentage Held by Institutions84.24% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Ameris Bancorp are expected to decrease by -14.68% in the coming year, from $2.93 to $2.50 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ameris Bancorp is 13.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.35.Price to Earnings Ratio vs. SectorThe P/E ratio of Ameris Bancorp is 13.31, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 20.63.Price to Book Value per Share RatioAmeris Bancorp has a P/B Ratio of 0.73. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.6Dividend Strength: 2.5Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.90 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry State commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:ABCB Previous Symbol CUSIP03076K10 CIK351569 Webwww.amerisbank.com Phone404-639-6500Debt Debt-to-Equity Ratio0.63 Current Ratio1.07 Quick Ratio0.96Price-To-Earnings Trailing P/E Ratio13.31 Forward P/E Ratio8.81 P/E GrowthN/A Sales & Book Value Annual Sales$834.51 million Price / Sales2.15 Cash Flow$3.75 per share Price / Cash Flow6.89 Book Value$35.43 per share Price / Book0.73Profitability EPS (Most Recent Fiscal Year)$3.80 Net Income$161.44 million Net Margins12.69% Return on Equity8.86% Return on Assets1.17%Miscellaneous Employees2,722 Outstanding Shares69,439,000Market Cap$1.79 billion Next Earnings Date10/16/2020 (Estimated) OptionableOptionable $25.82 +1.44 (+5.91 %) (As of 08/7/2020 04:00 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive ABCB News and Ratings via Email Sign-up to receive the latest news and ratings for ABCB and its competitors with MarketBeat's FREE daily newsletter. Ameris Bancorp (NASDAQ:ABCB) Frequently Asked Questions How has Ameris Bancorp's stock been impacted by COVID-19 (Coronavirus)? Ameris Bancorp's stock was trading at $25.74 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ABCB stock has increased by 0.3% and is now trading at $25.82. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Ameris Bancorp? 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. 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 EPS for the quarter, topping analysts' consensus estimates of $0.60 by $0.01. The bank had revenue of $284.77 million for the quarter, compared to analyst estimates of $218.95 million. Ameris Bancorp had a net margin of 12.69% and a return on equity of 8.86%. During the same period last year, the business 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 Wednesday, June 17th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.15 per share on Friday, July 10th. This represents a $0.60 annualized dividend and a dividend yield of 2.32%. The ex-dividend date is Monday, June 29th. View Ameris Bancorp's dividend history. What price target have analysts set for ABCB? 5 analysts have issued 1-year 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 $33.60 in the next twelve months. This suggests a possible upside of 30.1% from the stock's current price. View analysts' price targets for Ameris Bancorp. Has Ameris Bancorp been receiving favorable news coverage? News coverage about ABCB stock has been trending very positive on Friday, InfoTrie reports. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Ameris Bancorp earned a coverage optimism score of 4.0 on InfoTrie's scale. They also assigned press coverage about the bank a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news about Ameris Bancorp. Are investors shorting Ameris Bancorp? Ameris Bancorp saw a decline in short interest in the month of July. As of July 31st, there was short interest totaling 1,720,000 shares, a decline of 10.4% from the July 15th total of 1,920,000 shares. Based on an average trading volume of 461,000 shares, the days-to-cover ratio is currently 3.7 days. Currently, 2.6% of the shares of the stock are short sold. View Ameris Bancorp's Current Options Chain. Who are some of Ameris Bancorp's key competitors? 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), Prosperity Bancshares (PB), Zions Bancorporation NA (ZION), East West Bancorp (EWBC) and Cullen/Frost Bankers (CFR). View all competitors. 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 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). 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 variety of retail and institutional investors. Top institutional shareholders include Jennison Associates LLC (1.99%), GW&K Investment Management LLC (1.58%), Victory Capital Management Inc. (1.02%), Strs Ohio (0.77%), Russell Investments Group Ltd. (0.76%) and Principal Financial Group Inc. (0.76%). 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 major investors are selling Ameris Bancorp stock? ABCB stock was sold by a variety of institutional investors in the last quarter, including Mendon Capital Advisors Corp, Jennison Associates LLC, Foundry Partners LLC, Prudential PLC, First Trust Advisors LP, Fisher Asset Management LLC, Salzhauer Michael, and Texas Permanent School Fund. View insider buying and selling activity for Ameris Bancorp. Which major 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., New York State Common Retirement Fund, GW&K Investment Management LLC, Principal Financial Group Inc., PL Capital Advisors LLC, and Swiss National Bank. 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 $25.82. How big of a company is Ameris Bancorp? Ameris Bancorp has a market capitalization of $1.79 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 8/7/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
