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

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 (WHO). Since then, ABCB shares have decreased by 10.6% and is now trading at $23.00. View which stocks have been mosted impacted by Coronavirus.

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.

Ameris Bancorp is scheduled to release its next quarterly earnings announcement on Tuesday, April 28th 2020. View our earnings forecast for Ameris Bancorp.

Ameris Bancorp (NASDAQ:ABCB) posted its quarterly earnings results on Thursday, January, 23rd. The bank reported $0.96 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.96. The bank earned $210.46 million during the quarter, compared to analyst estimates of $213.83 million. Ameris Bancorp had a net margin of 19.35% and a return on equity of 11.26%. During the same period last year, the company posted $0.96 earnings per share. View Ameris Bancorp's earnings history.

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 dividend on an annualized basis and a yield of 2.61%. The ex-dividend date is Monday, March 30th. View Ameris Bancorp's dividend history.

4 equities research analysts have issued 1 year price targets for Ameris Bancorp's shares. Their forecasts range from $45.00 to $53.00. On average, they expect Ameris Bancorp's stock price to reach $49.50 in the next twelve months. This suggests a possible upside of 115.2% from the stock's current price. View analysts' price targets for Ameris Bancorp.

Press coverage about ABCB stock has trended very negative this week, InfoTrie reports. The research group identifies positive and negative press coverage by analyzing 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 positive five, with scores closest to five being the most favorable. Ameris Bancorp earned a news impact score of -3.3 on InfoTrie's scale. They also gave news articles about the bank a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutAmeris Bancorp.

Ameris Bancorp saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 2,132,300 shares, an increase of 7.7% from the February 27th total of 1,980,000 shares. Based on an average daily volume of 595,000 shares, the short-interest ratio is presently 3.6 days. Approximately 3.3% of the company's shares are sold short. View Ameris Bancorp's Current Options Chain.

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

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), Martin Midstream Partners (MMLP), Bank of America (BAC), Cornerstone Total Return Fund (CRF), Advanced Micro Devices (AMD) and Amarin (AMRN).

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

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 $23.00.

Ameris Bancorp has a market capitalization of $1.59 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. View additional information about Ameris Bancorp.

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

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]