NASDAQ:FFINFirst Financial Bankshares Stock Price, Forecast & News

$33.07

+1.89 (+6.06 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

$31.91

Now: $33.07▼

$33.81

50-Day Range

$24.02

MA: $27.28▼

$31.43

52-Week Range

$20.70

Now: $33.07▼

$36.45

Volume798,261 shs

Average Volume556,067 shs

Market Capitalization$4.70 billion

P/E Ratio27.79

Dividend Yield1.54%

Beta0.97

First Financial Bankshares, Inc., through its subsidiaries, provides commercial banking products and services primarily in Texas. The company accepts checking, savings, and time deposits; and offers real estate, commercial, agricultural, and consumer loans to businesses, professionals, individuals, and farm and ranch operations. It also provides automated teller machine, drive-in and night deposit, safe deposit facility, remote deposit capture, Internet banking, mobile banking, payroll card, transmitting fund, and other customary commercial banking services. In addition, the company offers personal trust services, including wealth management, administration of estates, testamentary trusts, revocable and irrevocable trusts, and agency accounts; and securities brokerage services, as well as administers retirement and employee benefit accounts, such as 401(k) profit sharing plans and IRAs. As of January 24, 2019, it had 73 locations comprising Abilene, Acton, Albany, Aledo, Alvarado, Beaumont, Boyd, Bridgeport, Brock, Burleson, Cisco, Cleburne, Clyde, Conroe, Cut and Shoot, Decatur, Eastland, El Campo, Fort Worth, Fulshear, Glen Rose, Granbury, Grapevine, Hereford, Huntsville, Keller, Kingwood, Magnolia, Mauriceville, Merkel, Midlothian, Mineral Wells, Montgomery, Moran, New Waverly, Newton, Odessa, Orange, Palacios, Port Arthur, Ranger, Rising Star, Roby, San Angelo, Southlake, Spring, Stephenville, Sweetwater, Tomball, Trent, Trophy Club, Vidor, Waxahachie, Weatherford, Willis, and Willow Park. The company also provides asset management and technology services. First Financial Bankshares, Inc. was founded in 1890 and is headquartered in Abilene, Texas.

Beat the Market (BTM) Rank^™

1.0 Analyst's Opinion

Consensus Rating
First Financial Bankshares has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $30.33, First Financial Bankshares has a potential downside of 8.3% from its current price of $33.07.
Amount of Analyst Coverage
First Financial Bankshares has only been the subject of 1 research reports in the past 90 days.

1.8 Community Rank

Outperform Votes
First Financial Bankshares has received 292 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
First Financial Bankshares has received 509 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
First Financial Bankshares has received 63.55% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about First Financial Bankshares and other stocks. Vote “Outperform” if you believe FFIN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe FFIN will underperform the S&P 500 over the long term. You may vote once every thirty days.

4.2 Dividend Strength

Dividend Leadership
First Financial Bankshares is a leading dividend payer. It pays a dividend yield of 1.54%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
First Financial Bankshares has been increasing its dividend for 9 years.
Dividend Coverage
The dividend payout ratio of First Financial Bankshares is 39.67 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, First Financial Bankshares will have a dividend payout ratio of 44.44 % next year. This indicates that First Financial Bankshares will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, First Financial Bankshares insiders have sold 99.86% more of their company's stock than they have bought. Specifically, they have bought $582,387.00 in company stock and sold $1,163,982.00 in company stock.
Percentage Held by Insiders
Only 4.44% of the stock of First Financial Bankshares is held by insiders.
Percentage Held by Institutions
49.38% of the stock of First Financial Bankshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for First Financial Bankshares are expected to grow by 9.09% in the coming year, from $0.99 to $1.08 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of First Financial Bankshares is 27.79, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 17.06.
Price to Earnings Ratio vs. Sector
The P/E ratio of First Financial Bankshares is 27.79, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 18.85.
Price to Book Value per Share Ratio
First Financial Bankshares has a P/B Ratio of 3.66. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.72 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryRegional Banks

SectorFinance

Current SymbolNASDAQ:FFIN

Previous Symbol

CUSIP32020R10

CIK36029

Webwww.ffin.com

Phone325-627-7155

Debt

Debt-to-Equity RatioN/A

Current Ratio0.60

Quick Ratio0.60

Price-To-Earnings

Trailing P/E Ratio27.79

Forward P/E Ratio33.40

P/E GrowthN/A

Sales & Book Value

Annual Sales$427.62 million

Price / Sales10.99

Cash Flow$1.58 per share

Price / Cash Flow20.94

Book Value$9.03 per share

Price / Book3.66

Profitability

EPS (Most Recent Fiscal Year)$1.21

Net Income$164.81 million

Net Margins36.96%

Return on Equity12.79%

Return on Assets1.92%

Miscellaneous

Employees1,345

Outstanding Shares142,050,000

Market Cap$4.70 billion

Next Earnings Date7/16/2020 (Estimated)

OptionableOptionable

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First Financial Bankshares (NASDAQ:FFIN) Frequently Asked Questions

How has First Financial Bankshares' stock been impacted by COVID-19 (Coronavirus)?

First Financial Bankshares' stock was trading at $23.99 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, FFIN shares have increased by 37.8% and is now trading at $33.07. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of First Financial Bankshares?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Financial Bankshares in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for First Financial Bankshares.

When is First Financial Bankshares' next earnings date?

First Financial Bankshares is scheduled to release its next quarterly earnings announcement on Thursday, July 16th 2020. View our earnings forecast for First Financial Bankshares.

How were First Financial Bankshares' earnings last quarter?

First Financial Bankshares Inc (NASDAQ:FFIN) issued its earnings results on Thursday, April, 23rd. The bank reported $0.26 EPS for the quarter, missing the Zacks' consensus estimate of $0.29 by $0.03. The bank earned $111.47 million during the quarter, compared to analysts' expectations of $108.95 million. First Financial Bankshares had a net margin of 36.96% and a return on equity of 12.79%. During the same period in the previous year, the firm posted $0.56 earnings per share. View First Financial Bankshares' earnings history.

How often does First Financial Bankshares pay dividends? What is the dividend yield for First Financial Bankshares?

First Financial Bankshares announced a quarterly dividend on Wednesday, April 29th. Stockholders of record on Tuesday, June 16th will be paid a dividend of $0.13 per share on Wednesday, July 1st. This represents a $0.52 annualized dividend and a dividend yield of 1.57%. The ex-dividend date of this dividend is Monday, June 15th. This is an increase from First Financial Bankshares's previous quarterly dividend of $0.12. View First Financial Bankshares' dividend history.

When did First Financial Bankshares' stock split? How did First Financial Bankshares' stock split work?

First Financial Bankshares shares split on Monday, June 3rd 2019. The 2-1 split was announced on Tuesday, April 23rd 2019. The newly created shares were distributed to shareholders after the closing bell on Friday, May 31st 2019. An investor that had 100 shares of First Financial Bankshares stock prior to the split would have 200 shares after the split.

What price target have analysts set for FFIN?

3 analysts have issued 12 month price objectives for First Financial Bankshares' stock. Their forecasts range from $29.00 to $33.00. On average, they expect First Financial Bankshares' stock price to reach $30.33 in the next year. This suggests that the stock has a possible downside of 8.3%. View analysts' price targets for First Financial Bankshares.

Has First Financial Bankshares been receiving favorable news coverage?

News coverage about FFIN stock has been trending positive this week, InfoTrie reports. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. First Financial Bankshares earned a media sentiment score of 2.4 on InfoTrie's scale. They also gave news coverage about the bank a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutFirst Financial Bankshares.

Who are some of First Financial Bankshares' key competitors?

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

What other stocks do shareholders of First Financial Bankshares own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First Financial Bankshares investors own include Reata Pharmaceuticals (RETA), Approach Resources (AREX), Precision Drilling (PDS), Synlogic (SYBX), Basic Energy Services (BAS), Archrock (AROC), Targa Resources (TRGP), Cisco Systems (CSCO), Energy Transfer LP Unit (ET) and Intel (INTC).

Who are First Financial Bankshares' key executives?

First Financial Bankshares' management team includes the following people:

Mr. F. Scott Dueser, Chairman, Pres & CEO (Age 66)
Mr. J. Bruce Hildebrand CPA, CPA, Exec. VP, CFO & Sec. (Age 64)
Mr. Ronald D. Butler II, Exec. VP & Chief Admin. Officer (Age 58)
Mr. Kirk W. Thaxton, Chairman, CEO & Pres of First Financial Trust & Asset Mgmt Co. NA (Age 58)
Mr. Gary S. Gragg, Exec. VP & Chief Lending Officer (Age 59)

What is First Financial Bankshares' stock symbol?

First Financial Bankshares trades on the NASDAQ under the ticker symbol "FFIN."

Who are First Financial Bankshares' major shareholders?

First Financial Bankshares' stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.81%), State Street Corp (3.36%), Geode Capital Management LLC (1.47%), JPMorgan Chase & Co. (1.25%), Bank of New York Mellon Corp (1.13%) and Wells Fargo & Company MN (0.56%). Company insiders that own First Financial Bankshares stock include April Kaye Bullock Anthony, David L Copeland, F Scott Dueser, Johnny Trotter, Kirk W Thaxton, Michael B Denny, Murray Hamilton Edwards, Robert Clark Nickles Jr, Robert Clark Nickles, Jr and Tucker S Bridwell. View institutional ownership trends for First Financial Bankshares.

Which major investors are selling First Financial Bankshares stock?

FFIN stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Morgan Stanley, Morgan Stanley, Principal Financial Group Inc., UBS Group AG, First Trust Advisors LP, Bank of New York Mellon Corp, and Arizona State Retirement System. View insider buying and selling activity for First Financial Bankshares.

Which major investors are buying First Financial Bankshares stock?

FFIN stock was purchased by a variety of institutional investors in the last quarter, including Invesco Ltd., Squarepoint Ops LLC, Geode Capital Management LLC, FDx Advisors Inc., FDx Advisors Inc., Paragon Advisors LLC, Avalon Investment & Advisory, and Redwood Investments LLC. Company insiders that have bought First Financial Bankshares stock in the last two years include April Kaye Bullock Anthony, F Scott Dueser, Johnny Trotter, Kirk W Thaxton, Michael B Denny, Murray Hamilton Edwards, Robert Clark Nickles Jr, and Robert Clark Nickles, Jr. View insider buying and selling activity for First Financial Bankshares.

How do I buy shares of First Financial Bankshares?

Shares of FFIN 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.

What is First Financial Bankshares' stock price today?

One share of FFIN stock can currently be purchased for approximately $33.07.

How big of a company is First Financial Bankshares?

First Financial Bankshares has a market capitalization of $4.70 billion and generates $427.62 million in revenue each year. The bank earns $164.81 million in net income (profit) each year or $1.21 on an earnings per share basis. First Financial Bankshares employs 1,345 workers across the globe.

What is First Financial Bankshares' official website?

The official website for First Financial Bankshares is www.ffin.com.

How can I contact First Financial Bankshares?

First Financial Bankshares' mailing address is 400 PINE STREET, ABILENE TX, 79604. The bank can be reached via phone at 325-627-7155 or via email at [email protected]

This page was last updated on 6/6/2020 by MarketBeat.com Staff