NASDAQ:ABCB - Ameris Bancorp Stock Price, Forecast & News

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

Ameris Bancorp announced a quarterly dividend on Monday, December 23rd. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.15 per share on Friday, January 10th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.41%. The ex-dividend date of this dividend is Monday, December 30th. View Ameris Bancorp's Dividend History.

Ameris Bancorp (NASDAQ:ABCB) released its earnings results on Friday, October, 18th. The bank reported $0.98 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.95 by $0.03. The bank had revenue of $225.80 million for the quarter, compared to the consensus estimate of $213.84 million. Ameris Bancorp had a net margin of 19.46% and a return on equity of 11.71%. The business's revenue for the quarter was up 74.8% compared to the same quarter last year. During the same period last year, the company earned $0.91 earnings per share. View Ameris Bancorp's Earnings History.

Ameris Bancorp is scheduled to release their next quarterly earnings announcement on Thursday, January 23rd 2020. View Earnings Estimates for Ameris Bancorp.

4 brokers have issued 1-year price targets for Ameris Bancorp's shares. Their forecasts range from $45.00 to $53.00. On average, they anticipate Ameris Bancorp's stock price to reach $49.50 in the next twelve months. This suggests a possible upside of 15.9% from the stock's current price. View Analyst Price Targets for Ameris Bancorp.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ameris Bancorp in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ameris Bancorp.

Media coverage about ABCB stock has been trending very negative on Thursday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ameris Bancorp earned a daily sentiment score of -3.6 on InfoTrie's scale. They also gave media coverage about the bank a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Ameris Bancorp.

Ameris Bancorp saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 2,230,000 shares, an increase of 7.2% from the December 15th total of 2,080,000 shares. Based on an average daily trading volume, of 339,200 shares, the short-interest ratio is currently 6.6 days. Currently, 3.4% of the company's shares are sold short. View Ameris Bancorp's Current Options Chain.

Some companies that are related to Ameris Bancorp include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), First Republic Bank (FRC), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Signature Bank (SBNY), Commerce Bancshares (CBSH), TCF Financial (TCF) and East West Bancorp (EWBC).

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), CBL & Associates Properties (CBL), General Electric (GE), Advanced Micro Devices (AMD), Martin Midstream Partners (MMLP), Bank of America (BAC), TELUS (TU), Cornerstone Total Return Fund (CRF) and Amarin (AMRN).

Ameris Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Summit Creek Advisors LLC (0.29%), Peregrine Capital Management LLC (0.26%), State of Alaska Department of Revenue (0.07%), Janney Montgomery Scott LLC (0.07%), Louisiana State Employees Retirement System (0.03%) and Family Legacy Inc. (0.03%). Company insiders that own Ameris Bancorp stock include Dennis J Zember Jr, Edwin W Hortman Jr, Elizabeth A Mccague, James A Lahaise, Lawton E Bassett III, Leo J Hill, Robert Dale Ezzell and William I Jr Bowen. View Institutional Ownership Trends for Ameris Bancorp.

ABCB stock was sold by a variety of institutional investors in the last quarter, including Janney Montgomery Scott LLC, Louisiana State Employees Retirement System, State of Alaska Department of Revenue and Peregrine Capital Management LLC. View Insider Buying and Selling for Ameris Bancorp.

ABCB stock was bought by a variety of institutional investors in the last quarter, including Summit Creek Advisors LLC, BT Wealth Management LLC, Family Legacy Inc., Miles Capital Inc. and BW Gestao de Investimentos Ltda.. Company insiders that have bought Ameris Bancorp stock in the last two years include Elizabeth A Mccague, Leo J Hill and William I Jr Bowen. View Insider Buying and Selling for 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.

One share of ABCB stock can currently be purchased for approximately $42.70.

Ameris Bancorp has a market capitalization of $2.97 billion and generates $531.74 million in revenue each year. The bank earns $121.03 million in net income (profit) each year or $3.38 on an earnings per share basis. Ameris Bancorp employs 1,804 workers across the globe.View Additional Information About Ameris Bancorp.

The official website for Ameris Bancorp is http://www.amerisbank.com/.

Ameris Bancorp's mailing address is 310 FIRST ST. SE, MOULTRIE GA, 31776. The bank can be reached via phone at 229-890-1111 or via email at [email protected]