First Bancshares (FBMS) Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for First Bancshares in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" FBMS shares.
View FBMS analyst ratings or view top-rated stocks.

4 Wall Street analysts have issued 1 year price objectives for First Bancshares' shares. Their FBMS share price forecasts range from $32.00 to $39.00. On average, they expect the company's share price to reach $36.25 in the next year. This suggests a possible upside of 38.7% from the stock's current price.
View analysts price targets for FBMS or view top-rated stocks among Wall Street analysts.

First Bancshares' stock was trading at $32.01 at the start of the year. Since then, FBMS shares have decreased by 18.3% and is now trading at $26.14.
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First Bancshares saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 702,800 shares, an increase of 25.3% from the April 30th total of 561,000 shares. Based on an average daily volume of 161,100 shares, the days-to-cover ratio is currently 4.4 days.
View First Bancshares' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023.
View our FBMS earnings forecast.

The First Bancshares, Inc. (NASDAQ:FBMS) released its quarterly earnings data on Sunday, October, 24th. The bank reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.01. The bank earned $49.61 million during the quarter, compared to the consensus estimate of $48.26 million. First Bancshares had a net margin of 22.56% and a trailing twelve-month return on equity of 11.80%.

First Bancshares announced a quarterly dividend on Wednesday, April 26th. Shareholders of record on Monday, May 8th will be given a dividend of $0.22 per share on Wednesday, May 24th. This represents a $0.88 annualized dividend and a yield of 3.37%. The ex-dividend date is Friday, May 5th. This is an increase from the stock's previous quarterly dividend of $0.21.
Read our dividend analysis for FBMS.

ETFs with the largest weight of First Bancshares (NASDAQ:FBMS) stock in their portfolio include First Trust Dow Jones Select Microcap Index Fund (FDM), First Trust NASDAQ ABA Community Bank Index Fund (QABA), iShares US Small Cap Value Factor ETF (SVAL), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV), SPDR S&P Regional Banking ETF (KRE), iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) and iShares Micro-Cap ETF (IWC).Direxion Daily Regional Banks Bull 3x Shares (DPST).

First Bancshares (NASDAQ:FBMS) pays an annual dividend of $0.88 per share and currently has a dividend yield of 3.33%. The company has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 34.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FBMS will have a dividend payout ratio of 26.83% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FBMS.

5 employees have rated First Bancshares Chief Executive Officer M. Ray Cole Jr. on Glassdoor.com. M. Ray Cole Jr. has an approval rating of 69% among the company's employees. 30.0% of employees surveyed would recommend working at First Bancshares to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other First Bancshares investors own include Zynga (ZNGA), Shopify (SHOP), Taiwan Semiconductor Manufacturing (TSM), Abbott Laboratories (ABT), bluebird bio (BLUE), Delta Air Lines (DAL), NVIDIA (NVDA), Roku (ROKU), Southern (SO) and Block (SQ).

First Bancshares trades on the NASDAQ under the ticker symbol "FBMS."

First Bancshares' stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.79%), North Reef Capital Management LP (2.71%), Dimensional Fund Advisors LP (2.65%), State Street Corp (2.55%), Royce & Associates LP (2.54%) and Geode Capital Management LLC (1.68%). Insiders that own company stock include Diana Renee Moore, M Ray Cole Jr and Ted E Parker.
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Shares of FBMS 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 FBMS stock can currently be purchased for approximately $26.14.

First Bancshares (NASDAQ:FBMS) has a market capitalization of $811.65 million and generates $237.35 million in revenue each year. The bank earns $62.92 million in net income (profit) each year or $2.56 on an earnings per share basis.

The company employs 794 workers across the globe.

First Bancshares' mailing address is 6480 US HIGHWAY 98 WEST SUITE A, HATTIESBURG MS, 39402. The official website for the company is www.thefirstbank.com. The bank can be reached via phone at (601) 268-8998 or via fax at 601-268-8904.