First Guaranty Bancshares - FGBI Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for First Guaranty Bancshares in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street 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.

2 analysts have issued twelve-month price objectives for First Guaranty Bancshares' shares. Their FGBI share price forecasts range from $21.00 to $30.00. On average, they expect the company's share price to reach $25.50 in the next year. This suggests a possible upside of 15.7% from the stock's current price.
View analysts price targets for FGBI or view top-rated stocks among Wall Street analysts.

First Guaranty Bancshares' stock was trading at $23.45 on January 1st, 2023. Since then, FGBI shares have decreased by 6.0% and is now trading at $22.04.
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First Guaranty Bancshares saw a decrease in short interest in the month of January. As of January 15th, there was short interest totaling 82,300 shares, a decrease of 9.0% from the December 31st total of 90,400 shares. Based on an average daily volume of 9,300 shares, the short-interest ratio is presently 8.8 days. Approximately 1.3% of the shares of the company are short sold.
View First Guaranty Bancshares' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our FGBI earnings forecast.

First Guaranty Bancshares, Inc. (NASDAQ:FGBI) announced its quarterly earnings data on Tuesday, November, 9th. The bank reported $0.74 earnings per share for the quarter, topping analysts' consensus estimates of $0.72 by $0.02. The bank earned $25.89 million during the quarter, compared to analyst estimates of $25.18 million. First Guaranty Bancshares had a net margin of 19.57% and a trailing twelve-month return on equity of 14.93%.

First Guaranty Bancshares declared a quarterly dividend on Monday, November 21st. Shareholders of record on Friday, December 23rd will be paid a dividend of $0.16 per share on Friday, December 30th. This represents a $0.64 dividend on an annualized basis and a yield of 2.90%. The ex-dividend date of this dividend is Thursday, December 22nd.
Read our dividend analysis for FGBI.

First Guaranty Bancshares (NASDAQ:FGBI) pays an annual dividend of $0.64 per share and currently has a dividend yield of 2.93%. The dividend payout ratio is 25.91%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FGBI will have a dividend payout ratio of 26.34% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FGBI.

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).

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

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

First Guaranty Bancshares' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Morgan Dempsey Capital Management LLC (1.12%), Salzhauer Michael (0.39%), Annex Advisory Services LLC (0.11%) and UBS Group AG (0.04%). Insiders that own company stock include Edgar R Smith III, Marshall T Reynolds, Uwe Schramm and William K Hood.
View institutional ownership trends.

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.
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One share of FGBI stock can currently be purchased for approximately $22.04.

First Guaranty Bancshares (NASDAQ:FGBI) has a market capitalization of $236.27 million and generates $147.59 million in revenue each year. The bank earns $28.88 million in net income (profit) each year or $2.47 on an earnings per share basis.

The company employs 463 workers across the globe.

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.