First Bancshares - FBMS Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for First Bancshares in the last year. There are currently 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.

3 brokers have issued 12 month price objectives for First Bancshares' shares. Their FBMS share price forecasts range from $4.00 to $39.00. On average, they anticipate the company's stock price to reach $30.00 in the next year. This suggests that the stock has a possible downside of 13.1%.
View analysts price targets for FBMS or view top-rated stocks among Wall Street analysts.

First Bancshares' stock was trading at $39.00 on January 1st, 2022. Since then, FBMS stock has decreased by 11.5% and is now trading at $34.52.
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First Bancshares saw a increase in short interest in November. As of November 15th, there was short interest totaling 994,600 shares, an increase of 12.9% from the October 31st total of 880,800 shares. Based on an average daily volume of 117,300 shares, the days-to-cover ratio is presently 8.5 days.
View First Bancshares' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 24th 2023.
View our FBMS earnings forecast.

The First Bancshares, Inc. (NASDAQ:FBMS) released its earnings results 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 analyst estimates of $48.26 million. First Bancshares had a net margin of 27.77% and a trailing twelve-month return on equity of 10.97%.

First Bancshares announced a quarterly dividend on Thursday, October 27th. Shareholders of record on Tuesday, November 8th will be paid a dividend of $0.20 per share on Friday, November 25th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.32%. The ex-dividend date of this dividend is Monday, November 7th. This is a boost from the stock's previous quarterly dividend of $0.19.
Read our dividend analysis for FBMS.

First Bancshares (NASDAQ:FBMS) pays an annual dividend of $0.80 per share and currently has a dividend yield of 2.32%. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 27.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FBMS will have a dividend payout ratio of 22.28% 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 number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.37%), Vanguard Group Inc. (5.03%), Royce & Associates LP (3.14%), Dimensional Fund Advisors LP (2.79%), The Manufacturers Life Insurance Company (2.35%) and State Street Corp (2.29%). Insiders that own company stock include Andrew D Stetelman, Diana Renee Moore, E Ricky Gibson, M Ray Cole Jr and Ted E Parker.
View institutional ownership trends.

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 $34.52.

First Bancshares (NASDAQ:FBMS) has a market capitalization of $829.52 million and generates $214.22 million in revenue each year. The bank earns $64.17 million in net income (profit) each year or $2.93 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.