Ameris Bancorp - ABCB Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ameris Bancorp in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ABCB shares.
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3 brokers have issued 12-month target prices for Ameris Bancorp's shares. Their ABCB share price forecasts range from $48.00 to $57.00. On average, they expect the company's share price to reach $53.33 in the next year. This suggests a possible upside of 14.5% from the stock's current price.
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Ameris Bancorp's stock was trading at $49.68 at the beginning of the year. Since then, ABCB stock has decreased by 6.2% and is now trading at $46.58.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our ABCB earnings forecast.

Ameris Bancorp (NASDAQ:ABCB) released its quarterly earnings data on Tuesday, July, 26th. The bank reported $1.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.19 by $0.11. Ameris Bancorp had a net margin of 31.45% and a trailing twelve-month return on equity of 10.78%. During the same quarter in the prior year, the business earned $1.25 earnings per share.

Ameris Bancorp declared a quarterly dividend on Wednesday, September 7th. Investors of record on Friday, September 30th will be given a dividend of $0.15 per share on Monday, October 10th. This represents a $0.60 dividend on an annualized basis and a yield of 1.29%. The ex-dividend date is Thursday, September 29th.
Read our dividend analysis for ABCB.

Ameris Bancorp (NASDAQ:ABCB) pays an annual dividend of $0.60 per share and currently has a dividend yield of 1.27%. The dividend payout ratio is 12.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ABCB will have a dividend payout ratio of 11.17% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ABCB.

10 employees have rated Ameris Bancorp Chief Executive Officer H. Palmer Proctor, Jr. on Glassdoor.com. H. Palmer Proctor, Jr. has an approval rating of 66% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Ameris Bancorp investors own include Energy Transfer (ET), Bank of America (BAC), Phillips 66 (PSX), Ford Motor (F), General Electric (GE), Advanced Micro Devices (AMD), CVS Health (CVS), Enterprise Products Partners (EPD), AT&T (T) and Walgreens Boots Alliance (WBA).

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

Ameris Bancorp's stock is owned by a number of institutional and retail investors. Top institutional investors include State Street Corp (5.22%), Principal Financial Group Inc. (3.00%), Goldman Sachs Group Inc. (1.74%), Loomis Sayles & Co. L P (1.61%), William Blair Investment Management LLC (1.30%) and Millennium Management LLC (1.09%). Insiders that own company stock include Elizabeth A Mccague, H Palmer Proctor Jr, James A Lahaise, Jimmy D Veal, Jon S Edwards, Michael T Pierson, Nicole S Stokes, Robert P Lynch, Ross L Creasy and William Millard Choate.
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Shares of ABCB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ABCB stock can currently be purchased for approximately $46.58.

Ameris Bancorp (NASDAQ:ABCB) has a market capitalization of $3.23 billion and generates $1.07 billion in revenue each year. The bank earns $376.91 million in net income (profit) each year or $4.82 on an earnings per share basis.

The company employs 2,865 workers across the globe.

Ameris Bancorp's mailing address is 3490 PIEDMONT RD SUITE 1550, ATLANTA GA, 30305. The official website for the company is www.amerisbank.com. The bank can be reached via phone at (229) 890-1111, via email at investor.relations@slgreen.com, or via fax at 229-890-2235.