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S&P 500   4,282.37
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MarketBeat Week in Review – 5/29 - 6/2
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
Slow start to New York's legal pot market leaves farmers holding the bag
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
Slow start to New York's legal pot market leaves farmers holding the bag
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
Slow start to New York's legal pot market leaves farmers holding the bag
NASDAQ:FGBI

First Guaranty Bancshares (FGBI) Stock Forecast, Price & News

$12.25
-0.05 (-0.41%)
(As of 06/2/2023 ET)
Compare
Today's Range
$11.81
$12.82
50-Day Range
$11.71
$16.75
52-Week Range
$11.37
$29.65
Volume
56,405 shs
Average Volume
16,958 shs
Market Capitalization
$131.28 million
P/E Ratio
5.86
Dividend Yield
5.22%
Price Target
$19.63

First Guaranty Bancshares MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
60.2% Upside
$19.63 Price Target
Short Interest
Bearish
2.71% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.71
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Acquiring Shares
$70,560 Bought Last Quarter
Proj. Earnings Growth
19.13%
From $1.15 to $1.37 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.88 out of 5 stars

Finance Sector

169th out of 873 stocks

Federal Savings Institutions Industry

10th out of 39 stocks


FGBI stock logo

About First Guaranty Bancshares (NASDAQ:FGBI) Stock

First Guaranty Bancshares, Inc. engages in the provision of personalized commercial banking services to businesses, professionals, and individuals. Its services include personal checking, money market, loans, courtesy sweep, business checking, cash management, courtesy pay, and digital. The company was founded on July 27, 2007 and is headquartered in Hammond, LA.

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FGBI Stock News Headlines

Major Financial Crisis Could Hit America
Something strange is happening in our financial system. UBS analysts predict over 50,000 retail locations may close soon. Retail giants like Walmart, Foot Locker, Bed Bath & Beyond, and Macy's are already downsizing their stores. Are you using the best technology to protect your money at all costs?
“Amazon Loophole” could hand you $28,544 in “royalty” payouts
Thanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.
See More Headlines

FGBI Price History

FGBI Company Calendar

Ex-Dividend for 3/31 Dividend
3/23/2023
Dividend Payable
3/31/2023
Last Earnings
5/10/2023
Today
6/03/2023
Ex-Dividend for 6/30 Dividend
6/22/2023
Dividend Payable
6/30/2023
Next Earnings (Estimated)
7/26/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Federal savings institutions
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:FGBI
Employees
463
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$19.63
High Stock Price Forecast
$21.00
Low Stock Price Forecast
$18.25
Forecasted Upside/Downside
+60.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$28.88 million
Pretax Margin
19.70%

Debt

Sales & Book Value

Annual Sales
$107.38 million
Cash Flow
$3.23 per share
Book Value
$18.25 per share

Miscellaneous

Free Float
6,130,000
Market Cap
$131.28 million
Optionable
Not Optionable
Beta
0.41

Key Executives

  • Alton B. Lewis
    President, Chief Executive Officer & Director
  • Eric J. Dosch
    Chief Financial Officer, Secretary & Treasurer
  • Amanda W. Barnett
    Senior Vice President & General Counsel













FGBI Stock - Frequently Asked Questions

Should I buy or sell First Guaranty Bancshares stock right now?

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

What is First Guaranty Bancshares' stock price forecast for 2023?

1 Wall Street research analysts have issued twelve-month price targets for First Guaranty Bancshares' shares. Their FGBI share price forecasts range from $18.25 to $21.00. On average, they anticipate the company's share price to reach $19.63 in the next year. This suggests a possible upside of 60.2% from the stock's current price.
View analysts price targets for FGBI
or view top-rated stocks among Wall Street analysts.

How have FGBI shares performed in 2023?

First Guaranty Bancshares' stock was trading at $23.45 on January 1st, 2023. Since then, FGBI stock has decreased by 47.8% and is now trading at $12.25.
View the best growth stocks for 2023 here
.

Are investors shorting First Guaranty Bancshares?

First Guaranty Bancshares saw a increase in short interest in May. As of May 15th, there was short interest totaling 150,500 shares, an increase of 6.1% from the April 30th total of 141,900 shares. Based on an average trading volume of 20,300 shares, the short-interest ratio is presently 7.4 days. Approximately 2.7% of the shares of the stock are short sold.
View First Guaranty Bancshares' Short Interest
.

When is First Guaranty Bancshares' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023.
View our FGBI earnings forecast
.

How were First Guaranty Bancshares' earnings last quarter?

First Guaranty Bancshares, Inc. (NASDAQ:FGBI) issued its quarterly earnings data on Wednesday, May, 10th. The bank reported $0.27 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.32 by $0.05. The bank earned $25.01 million during the quarter, compared to analyst estimates of $24.91 million. First Guaranty Bancshares had a trailing twelve-month return on equity of 12.25% and a net margin of 15.20%.

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 Thursday, May 18th. Shareholders of record on Friday, June 23rd will be given a dividend of $0.16 per share on Friday, June 30th. This represents a $0.64 annualized dividend and a dividend yield of 5.22%. The ex-dividend date is Thursday, June 22nd.
Read our dividend analysis for FGBI
.

What ETF holds First Guaranty Bancshares' stock ?

First Trust Dow Jones Select Microcap Index Fund holds 14,549 shares of FGBI stock, representing 0.16% of its portfolio.

Is First Guaranty Bancshares a good dividend stock?

First Guaranty Bancshares (NASDAQ:FGBI) pays an annual dividend of $0.64 per share and currently has a dividend yield of 4.85%. FGBI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 30.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FGBI will have a dividend payout ratio of 46.72% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FGBI.

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), Enterprise Products Partners (EPD), Energy Transfer (ET), General Motors (GM), International Business Machines (IBM), Pfizer (PFE), Teekay LNG Partners (TGP), AbbVie (ABBV), Algonquin Power & Utilities (AQN) and BCE (BCE).

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 a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (2.60%), Geode Capital Management LLC (1.08%), Salzhauer Michael (0.38%), Morgan Dempsey Capital Management LLC (0.23%), First Trust Advisors LP (0.14%) and Renaissance Technologies LLC (0.11%). Insiders that own company stock include Edgar R Smith III, Marshall T Reynolds, Uwe Schramm and William K Hood.
View institutional ownership trends
.

How do I buy shares of First Guaranty Bancshares?

Shares of FGBI 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.
Compare Top Brokerages Here.

What is First Guaranty Bancshares' stock price today?

One share of FGBI stock can currently be purchased for approximately $12.25.

How much money does First Guaranty Bancshares make?

First Guaranty Bancshares (NASDAQ:FGBI) has a market capitalization of $131.28 million and generates $107.38 million in revenue each year. The bank earns $28.88 million in net income (profit) each year or $2.09 on an earnings per share basis.

How many employees does First Guaranty Bancshares have?

The company employs 463 workers across the globe.

How can I contact First Guaranty Bancshares?

First Guaranty Bancshares' mailing address is 400 EAST THOMAS STREET, HAMMOND LA, 70401. The official website for the company is www.fgb.net. The bank can be reached via phone at (985) 345-7685, via email at investorrelations@fgb.net, or via fax at 985-375-0355.

This page (NASDAQ:FGBI) was last updated on 6/4/2023 by MarketBeat.com Staff

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