First Bancshares - FBMS Stock Forecast, Price & News

4 Wall Street 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 research analysts is that investors should "buy" FBMS shares.
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4 brokers have issued 1 year target prices for First Bancshares' stock. Their FBMS share price forecasts range from $4.00 to $39.00. On average, they predict the company's stock price to reach $31.00 in the next twelve months. This suggests a possible upside of 21.0% 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 beginning of 2023. Since then, FBMS stock has decreased by 20.0% and is now trading at $25.61.
View the best growth stocks for 2023 here.

First Bancshares saw a increase in short interest in March. As of March 15th, there was short interest totaling 462,800 shares, an increase of 36.6% from the February 28th total of 338,700 shares. Based on an average daily volume of 158,000 shares, the days-to-cover ratio is presently 2.9 days.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023.
View our FBMS earnings forecast.

The First Bancshares, Inc. (NASDAQ:FBMS) posted its quarterly earnings data on Wednesday, January, 25th. The bank reported $0.71 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.83 by $0.12. The bank had revenue of $56.05 million for the quarter, compared to the consensus estimate of $59.60 million. First Bancshares had a net margin of 26.51% and a trailing twelve-month return on equity of 11.31%.

First Bancshares declared a quarterly dividend on Wednesday, January 25th. Shareholders of record on Wednesday, February 8th will be paid a dividend of $0.21 per share on Friday, February 24th. This represents a $0.84 annualized dividend and a yield of 3.28%. The ex-dividend date of this dividend is Tuesday, February 7th. This is an increase from the stock's previous quarterly dividend of $0.20.
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), iShares US Small Cap Value Factor ETF (SVAL), First Trust NASDAQ ABA Community Bank Index Fund (QABA), 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) and

First Bancshares (NASDAQ:FBMS) pays an annual dividend of $0.84 per share and currently has a dividend yield of 3.25%. 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 29.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FBMS will have a dividend payout ratio of 23.08% 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 retail and institutional investors. Top institutional shareholders include FJ Capital Management LLC (6.33%), Dimensional Fund Advisors LP (2.92%), The Manufacturers Life Insurance Company (2.30%), Geode Capital Management LLC (1.75%), Stieven Capital Advisors L.P. (1.66%) and Charles Schwab Investment Management Inc. (0.71%). Insiders that own company stock include Andrew D Stetelman, Diana Renee Moore, E Ricky Gibson, 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 $25.61.

First Bancshares (NASDAQ:FBMS) has a market capitalization of $795.45 million and generates $237.35 million in revenue each year. The bank earns $62.92 million in net income (profit) each year or $2.85 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.