NASDAQ:FGBIFirst Guaranty Bancshares Stock Price, Forecast & News

$12.19

-0.81 (-6.23 %)

(As of 06/4/2020 01:52 PM ET)

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Today's Range

$12.19

Now: $12.19▼

$12.98

50-Day Range

$11.51

MA: $12.63▼

$14.85

52-Week Range

$11.29

Now: $12.19▼

$22.65

Volume294 shs

Average Volume11,017 shs

Market Capitalization$118.73 million

P/E Ratio7.57

Dividend Yield5.16%

Beta0.4

First Guaranty Bancshares, Inc. operates as the holding company for First Guaranty Bank that provides commercial banking services to businesses, professionals, and individuals in Louisiana and Texas. It offers various deposit products, including personal and business checking, savings, money market, and demand accounts, as well as time deposits. The company also provides loans, such as non-farm non-residential loans secured by real estate, commercial and industrial loans, one- to four-family residential loans, construction and land development loans, agricultural loans, farmland loans, consumer and other loans, and multifamily loans. In addition, it offers a range of consumer services, including personal and commercial credit cards, remote deposit capture, safe deposit boxes, official checks, Internet banking, automated teller machines, online bill pay, mobile banking, and lockbox services. The company operates through 27 banking facilities located in market services areas of Hammond, Baton Rouge, Lafayette, Shreveport-Bossier City, Dallas-Fort Worth-Arlington, and Waco. First Guaranty Bancshares, Inc. was founded in 1934 and is headquartered in Hammond, Louisiana.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for First Guaranty Bancshares.

2.7 Community Rank

Outperform Votes
First Guaranty Bancshares has received 149 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
First Guaranty Bancshares has received 126 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
First Guaranty Bancshares has received 54.18% “outperform” votes from our community.

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

3.3 Dividend Strength

Dividend Leadership
First Guaranty Bancshares is a leading dividend payer. It pays a dividend yield of 5.16%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
First Guaranty Bancshares has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of First Guaranty Bancshares is 43.54 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, First Guaranty Bancshares will have a dividend payout ratio of 37.87 % next year. This indicates that First Guaranty Bancshares will be able to sustain or increase its dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, First Guaranty Bancshares insiders have bought more of their company's stock than they have sold. Specifically, they have bought $74,062.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
41.40% of the stock of First Guaranty Bancshares is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 12.14% of the stock of First Guaranty Bancshares is held by institutions.

2.5 Earnings and Valuation

Earnings Growth
Earnings for First Guaranty Bancshares are expected to grow by 15.75% in the coming year, from $1.46 to $1.69 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of First Guaranty Bancshares is 7.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.28.
Price to Earnings Ratio vs. Sector
The P/E ratio of First Guaranty Bancshares is 7.57, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.93.
Price to Book Value per Share Ratio
First Guaranty Bancshares has a P/B Ratio of 0.65. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.51 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Federal savings institutions

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:FGBI

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.fgb.net

Phone985-345-7685

Debt

Debt-to-Equity Ratio0.15

Current Ratio0.83

Quick Ratio0.83

Price-To-Earnings

Trailing P/E Ratio7.57

Forward P/E Ratio8.35

P/E GrowthN/A

Sales & Book Value

Annual Sales$99.94 million

Price / Sales1.19

Cash Flow$2.07 per share

Price / Cash Flow5.89

Book Value$18.75 per share

Price / Book0.65

Profitability

EPS (Most Recent Fiscal Year)$1.47

Net Income$14.24 million

Net Margins14.29%

Return on Equity9.10%

Return on Assets0.74%

Miscellaneous

Employees336

Outstanding Shares9,740,000

Market Cap$118.73 million

Next Earnings Date8/14/2020 (Estimated)

OptionableNot Optionable

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First Guaranty Bancshares (NASDAQ:FGBI) Frequently Asked Questions

How has First Guaranty Bancshares' stock been impacted by COVID-19 (Coronavirus)?

First Guaranty Bancshares' stock was trading at $15.30 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, FGBI stock has decreased by 20.3% and is now trading at $12.19. View which stocks have been most impacted by Coronavirus.

When is First Guaranty Bancshares' next earnings date?

First Guaranty Bancshares is scheduled to release its next quarterly earnings announcement on Friday, August 14th 2020. View our earnings forecast for First Guaranty Bancshares.

How were First Guaranty Bancshares' earnings last quarter?

First Guaranty Bancshares, Inc. (NASDAQ:FGBI) announced its quarterly earnings results on Monday, May, 11th. The bank reported $0.39 EPS for the quarter. The bank had revenue of $20.35 million for the quarter. First Guaranty Bancshares had a return on equity of 9.10% and a net margin of 14.29%. View First Guaranty Bancshares' earnings history.

How often does First Guaranty Bancshares pay dividends? What is the dividend yield for First Guaranty Bancshares?

First Guaranty Bancshares declared a quarterly dividend on Monday, June 1st. Shareholders of record on Monday, June 22nd will be paid a dividend of $0.16 per share on Tuesday, June 30th. This represents a $0.64 annualized dividend and a dividend yield of 5.25%. The ex-dividend date of this dividend is Friday, June 19th. View First Guaranty Bancshares' dividend history.

Has First Guaranty Bancshares been receiving favorable news coverage?

Press coverage about FGBI stock has been trending somewhat negative recently, InfoTrie reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. First Guaranty Bancshares earned a coverage optimism score of -1.0 on InfoTrie's scale. They also assigned headlines about the bank a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next several days. View the latest news aboutFirst Guaranty Bancshares.

Are investors shorting First Guaranty Bancshares?

First Guaranty Bancshares saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 19,400 shares, an increase of 10.9% from the April 30th total of 17,500 shares. Based on an average daily trading volume, of 8,700 shares, the days-to-cover ratio is presently 2.2 days. Approximately 0.4% of the company's stock are short sold. View First Guaranty Bancshares' Current Options Chain.

Who are some of First Guaranty Bancshares' key competitors?

Some companies that are related to First Guaranty Bancshares include Dime Community Bancshares (DCOM), Waterstone Financial (WSBF), NASB Financial (NASB), Hometrust Bancshares (HTBI), Territorial Bancorp (TBNK), Farmers & Merchants Bancorp, Inc. (OH) (FMAO), First Capital (FCAP), PDL Community Bancorp (PDLB), BCB Bancorp (BCBP), Provident Bancorp (PVBC), BBX Capital (BBXTB), Northrim BanCorp (NRIM), North Dallas Bank Trust (NODB), Western New England Bancorp (WNEB) and Sterling Bancorp (SBT). View all competitors.

What other stocks do shareholders of First Guaranty Bancshares own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First Guaranty Bancshares investors own include Consolidated Edison (ED), Pfizer (PFE), AbbVie (ABBV), Algonquin Power & Utilities (AQN), BCE (BCE), BlackRock Resources and Commodities (BCX), Franklin Resources (BEN), Blackrock Enhanced Internationl Dvdnd Tr (BGY), Bank of Nova Scotia (BNS) and BlackRock Enhanced Global Dividend Trust (BOE).

Who are First Guaranty Bancshares' key executives?

First Guaranty Bancshares' management team includes the following people:

Mr. Alton B. Lewis Jr., Vice Chairman, Pres & CEO (Age 70)
Mr. Eric John Dosch, Treasurer, Sec. & CFO (Age 40)
Mr. Michael R. Cross, Chief Lending Officer of First Guaranty Bank
Mr. Randy S. Vicknair, Chief Credit Officer of First Guaranty Bank (Age 37)

When did First Guaranty Bancshares IPO?

(FGBI) raised $92 million in an IPO on Friday, December 19th 2014. The company issued 4,600,000 shares at $19.00-$21.00 per share. Raymond James acted as the underwriter for the IPO and Keefe, Bruyette & Woods (A Stifel Company) and Sterne Agee were co-managers.

What is First Guaranty Bancshares' stock symbol?

First Guaranty Bancshares trades on the NASDAQ under the ticker symbol "FGBI."

Who are First Guaranty Bancshares' major shareholders?

First Guaranty Bancshares' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (2.80%), State Street Corp (0.77%), Federated Hermes Inc. (0.54%), BHZ Capital Management LP (0.50%), Bank of New York Mellon Corp (0.45%) and Geode Capital Management LLC (0.39%). Company insiders that own First Guaranty Bancshares stock include Edgar R Smith III, Marshall T Reynolds and William K Hood. View institutional ownership trends for First Guaranty Bancshares.

Which institutional investors are selling First Guaranty Bancshares stock?

FGBI stock was sold by a variety of institutional investors in the last quarter, including Federated Hermes Inc., BHZ Capital Management LP, State Street Corp, Bank of New York Mellon Corp, and UBS Group AG. View insider buying and selling activity for First Guaranty Bancshares.

Which institutional investors are buying First Guaranty Bancshares stock?

FGBI stock was bought by a variety of institutional investors in the last quarter, including Rhumbline Advisers, BlackRock Inc., Geode Capital Management LLC, JPMorgan Chase & Co., and BEAM Asset Management LLC. Company insiders that have bought First Guaranty Bancshares stock in the last two years include Edgar R Smith III, and William K Hood. View insider buying and selling activity for First Guaranty Bancshares.

How do I buy shares of First Guaranty Bancshares?

Shares of FGBI 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 Guaranty Bancshares' stock price today?

One share of FGBI stock can currently be purchased for approximately $12.19.

How big of a company is First Guaranty Bancshares?

First Guaranty Bancshares has a market capitalization of $118.73 million and generates $99.94 million in revenue each year. The bank earns $14.24 million in net income (profit) each year or $1.47 on an earnings per share basis. First Guaranty Bancshares employs 336 workers across the globe.

What is First Guaranty Bancshares' official website?

The official website for First Guaranty Bancshares is www.fgb.net.

How can I contact First Guaranty Bancshares?

First Guaranty Bancshares' mailing address is 400 EAST THOMAS STREET, HAMMOND LA, 70401. The bank can be reached via phone at 985-345-7685 or via email at [email protected]

This page was last updated on 6/4/2020 by MarketBeat.com Staff