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 $23.96 -0.82 (-3.31 %) (As of 05/29/2020 11:58 AM ET) Add Compare Share Today's Range$23.47Now: $23.96▼$24.1750-Day Range$18.52MA: $22.82▼$26.7352-Week Range$17.12Now: $23.96▼$44.90Volume17,189 shsAverage Volume445,890 shsMarket Capitalization$1.66 billionP/E Ratio10.46Dividend Yield2.24%Beta1.52 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 $36.60, Ameris Bancorp has a potential upside of 52.9% from its current price of $23.93.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 374 “outperform” votes. (Add your “outperform” vote.)Underperform VotesAmeris Bancorp has received 354 “underperform” votes. (Add your “underperform” vote.)Community SentimentAmeris Bancorp has received 51.37% “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 3.3 Dividend Strength Dividend LeadershipAmeris Bancorp is a leading dividend payer. It pays a dividend yield of 2.24%, putting its dividend yield in the top 25% of dividend-paying stocks.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 23.35 % 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 $436,350.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 2.00% of the stock of Ameris Bancorp is held by insiders.Percentage Held by Institutions84.31% 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 4.90% in the coming year, from $2.45 to $2.57 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ameris Bancorp is 10.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.80.Price to Earnings Ratio vs. SectorThe P/E ratio of Ameris Bancorp is 10.45, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.16.Price to Book Value per Share RatioAmeris Bancorp has a P/B Ratio of 0.68. 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: 3.3Insider Behavior: 4.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™3.19 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 Ratio0.68 Current Ratio1.08 Quick Ratio0.98Price-To-Earnings Trailing P/E Ratio10.46 Forward P/E Ratio9.78 P/E GrowthN/A Sales & Book Value Annual Sales$834.51 million Price / Sales1.99 Cash Flow$3.18 per share Price / Cash Flow7.54 Book Value$35.10 per share Price / Book0.68Profitability EPS (Most Recent Fiscal Year)$3.80 Net Income$161.44 million Net Margins15.38% Return on Equity9.91% Return on Assets1.33%Miscellaneous Employees2,722 Outstanding Shares69,440,000Market Cap$1.66 billion Next Earnings Date7/24/2020 (Estimated) OptionableOptionable NASDAQ:ABCB Rates by TradingView 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 shares have decreased by 7.0% and is now trading at $23.93. 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, July 24th 2020. View our earnings forecast for Ameris Bancorp. How were Ameris Bancorp's earnings last quarter? Ameris Bancorp (NASDAQ:ABCB) released its quarterly earnings results on Thursday, April, 23rd. The bank reported $0.56 earnings per share for the quarter, missing the 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 quarter last year, the firm earned $0.90 EPS. View Ameris Bancorp's earnings history. How often does Ameris Bancorp pay dividends? What is the dividend yield for Ameris Bancorp? Ameris Bancorp declared a quarterly dividend on Monday, March 23rd. Investors of record on Tuesday, March 31st will be paid a dividend of $0.15 per share on Friday, April 10th. This represents a $0.60 annualized dividend and a dividend yield of 2.51%. The ex-dividend date of this dividend is Monday, March 30th. View Ameris Bancorp's dividend history. What price target have analysts set for ABCB? 5 Wall Street analysts have issued 12-month target prices for Ameris Bancorp's shares. Their forecasts range from $25.00 to $53.00. On average, they anticipate Ameris Bancorp's stock price to reach $36.60 in the next year. This suggests a possible upside of 52.9% from the stock's current price. View analysts' price targets for Ameris Bancorp. Has Ameris Bancorp been receiving favorable news coverage? Press coverage about ABCB stock has trended somewhat negative on Friday, InfoTrie Sentiment reports. The research firm ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Ameris Bancorp earned a news impact score of -1.0 on InfoTrie's scale. They also gave press coverage about the bank a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days. View the latest news aboutAmeris Bancorp. Are investors shorting Ameris Bancorp? Ameris Bancorp saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 1,850,000 shares, a decrease of 8.9% from the April 30th total of 2,030,000 shares. Based on an average trading volume of 507,700 shares, the short-interest ratio is presently 3.6 days. Currently, 2.8% of the company's shares are sold short. 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), SunTrust Banks (STI), 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), Prosperity Bancshares (PB), Signature Bank (SBNY), Zions Bancorporation NA (ZION) and East West Bancorp (EWBC). 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 BlackRock Inc. (13.71%), State Street Corp (3.67%), Wellington Management Group LLP (3.41%), Jennison Associates LLC (2.31%), Polaris Capital Management LLC (1.61%) and The Manufacturers Life Insurance Company (1.46%). Company insiders that own Ameris Bancorp stock include Elizabeth A Mccague, H Palmer Proctor Jr, James A Lahaise, Leo J Hill, 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 RMB Capital Management LLC, BlackRock Inc., Mendon Capital Advisors Corp, Rice Hall James & Associates LLC, NWQ Investment Management Company LLC, Morgan Stanley, Morgan Stanley, and Wellington Management Group LLP. 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 Victory Capital Management Inc., Victory Capital Management Inc., Philadelphia Financial Management of San Francisco LLC, Invesco Ltd., Jennison Associates LLC, BHZ Capital Management LP, State Street Corp, and Penn Capital Management Co. Inc.. Company insiders that have bought Ameris Bancorp stock in the last two years include Elizabeth A Mccague, H Palmer Proctor Jr, Leo J Hill, 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 $23.93. How big of a company is Ameris Bancorp? Ameris Bancorp has a market capitalization of $1.66 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 5/29/2020 by MarketBeat.com Staff
