First Bancshares - FBMS Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Bancshares in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" FBMS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FBMS, but not buy additional shares or sell existing shares.
View FBMS analyst ratings or view top-rated stocks.

1 Wall Street analysts have issued 1 year price objectives for First Bancshares' shares. Their FBMS share price forecasts range from $4.00 to $41.00. On average, they predict the company's stock price to reach $22.50 in the next year. This suggests that the stock has a possible downside of 28.2%.
View analysts price targets for FBMS or view top-rated stocks among Wall Street analysts.

First Bancshares' stock was trading at $39.00 at the start of the year. Since then, FBMS stock has decreased by 19.6% and is now trading at $31.34.
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The company is scheduled to release its next quarterly earnings announcement on Monday, October 24th 2022.
View our FBMS earnings forecast.

The First Bancshares, Inc. (NASDAQ:FBMS) posted its earnings results on Wednesday, July, 27th. The bank reported $0.80 earnings per share for the quarter, missing analysts' consensus estimates of $0.82 by $0.02. The bank had revenue of $50.77 million for the quarter, compared to analyst estimates of $49.08 million. First Bancshares had a net margin of 29.88% and a trailing twelve-month return on equity of 10.19%. During the same period in the previous year, the company posted $0.74 EPS.

First Bancshares announced a quarterly dividend on Wednesday, July 27th. Stockholders of record on Monday, August 8th will be paid a dividend of $0.19 per share on Thursday, August 25th. This represents a $0.76 dividend on an annualized basis and a yield of 2.43%. The ex-dividend date of this dividend is Friday, August 5th. This is a boost from the stock's previous quarterly dividend of $0.18.
Read our dividend analysis for FBMS.

First Bancshares (NASDAQ:FBMS) pays an annual dividend of $0.76 per share and currently has a dividend yield of 2.40%. 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 24.68%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FBMS will have a dividend payout ratio of 21.90% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FBMS.

4 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.

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 retail and institutional investors. Top institutional shareholders include Royce & Associates LP (4.07%), State Street Corp (2.31%), RMB Capital Management LLC (1.68%), Northern Trust Corp (1.13%), Millennium Management LLC (0.60%) and JPMorgan Chase & Co. (0.52%). 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 $31.34.

First Bancshares (NASDAQ:FBMS) has a market capitalization of $753.04 million and generates $214.22 million in revenue each year. The bank earns $64.17 million in net income (profit) each year or $3.08 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.