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 year. There are currently 1 sell rating for the stock. The consensus among Wall Street equities research analysts is that investors should "sell" FGBI shares. View FGBI analyst ratings or view top-rated stocks .

What is First Guaranty Bancshares' stock price target for 2024?

1 Wall Street research analysts have issued twelve-month price objectives for First Guaranty Bancshares' stock. Their FGBI share price targets range from $9.50 to $13.00. On average, they anticipate the company's share price to reach $11.25 in the next year. This suggests a possible upside of 16.0% 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 2024?

First Guaranty Bancshares' stock was trading at $11.12 on January 1st, 2024. Since then, FGBI stock has decreased by 12.8% and is now trading at $9.70. View the best growth stocks for 2024 here .

When is First Guaranty Bancshares' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. 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 Monday, February, 5th. The bank reported $0.06 earnings per share for the quarter, missing analysts' consensus estimates of $0.09 by $0.03. The bank had revenue of $23.62 million for the quarter, compared to analyst estimates of $23.02 million. First Guaranty Bancshares had a net margin of 4.46% and a trailing twelve-month return on equity of 4.19%.

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

First Guaranty Bancshares announced a quarterly dividend on Thursday, February 15th. Shareholders of record on Friday, March 22nd will be given a dividend of $0.16 per share on Friday, March 29th. This represents a $0.64 dividend on an annualized basis and a yield of 6.60%. The ex-dividend date is Thursday, March 21st. Read our dividend analysis for FGBI .

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 6.46%. FGBI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 103.23%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, FGBI will have a dividend payout ratio of 68.82% 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?

First Guaranty Bancshares (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 served as the underwriter for the IPO and Keefe, Bruyette & Woods (A Stifel Company) and Sterne Agee were co-managers.

Who are First Guaranty Bancshares' major shareholders?

First Guaranty Bancshares' stock is owned by many different retail and institutional investors. Top institutional shareholders include Cullen Investment Group LTD. (0.57%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:FGBI

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

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$9.70

-0.05 (-0.51%)

(As of 04/18/2024 ET)

Compare

Today's Range: $9.51
▼
$10.11
50-Day Range: $9.70
▼
$12.02
52-Week Range: $9.24
▼
$15.25

Volume: 7,451 shs
Average Volume: 6,949 shs
Market Capitalization: $121.35 million

P/E Ratio: 15.65
Dividend Yield: 6.60%
Price Target: $11.25

Get First Guaranty Bancshares alerts:

First Guaranty Bancshares MarketRank™ Stock Analysis

Analyst Rating: Sell
1.00 Rating Score
Upside/Downside: 16.0% Upside
$11.25 Price Target
Short Interest: Healthy
0.35% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -0.71
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 38.81%
From $0.67 to $0.93 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.49 out of 5 stars

Finance Sector

183rd out of 822 stocks

Federal Savings Institutions Industry

5th out of 29 stocks

1.5

Analyst's Opinion

Consensus Rating
First Guaranty Bancshares has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 1 sell rating.
Amount of Analyst Coverage
First Guaranty Bancshares has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
0.35% of the float of First Guaranty Bancshares has been sold short.
Short Interest Ratio / Days to Cover
First Guaranty Bancshares has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in First Guaranty Bancshares has recently decreased by 3.90%, indicating that investor sentiment is improving.

2.5

Dividend Strength

Dividend Leadership
First Guaranty Bancshares is a leading dividend payer. It pays a dividend yield of 6.46%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
First Guaranty Bancshares does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of First Guaranty Bancshares is 103.23%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, First Guaranty Bancshares will have a dividend payout ratio of 68.82% next year. This indicates that First Guaranty Bancshares will be able to sustain or increase its dividend.

3.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
First Guaranty Bancshares has received a 30.78% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Cash withdrawal services", "Mortgages provided by brick and mortar banks", "Consumer savings accounts provided by brick and mortar banks", "Commercial deposit accounts", "Wire transfer services", and "Consumer transaction accounts provided by brick and mortar banks" products. See details.
Environmental Sustainability
The Environmental Impact score for First Guaranty Bancshares is -0.71.

2.8

News and Social Media Coverage

News Sentiment
First Guaranty Bancshares has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Finance companies.
Search Interest
1 people have searched for FGBI on MarketBeat in the last 30 days.
MarketBeat Follows
Only 1 people have added First Guaranty Bancshares to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, First Guaranty Bancshares insiders have not sold or bought any company stock.
Percentage Held by Insiders
42.80% 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 39.52% of the stock of First Guaranty Bancshares is held by institutions.

3.8

Earnings and Valuation

Earnings Growth
Earnings for First Guaranty Bancshares are expected to grow by 38.81% in the coming year, from $0.67 to $0.93 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of First Guaranty Bancshares is 15.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.13.
Price to Earnings Ratio vs. Sector
The P/E ratio of First Guaranty Bancshares is 15.65, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.79.
Price to Book Value per Share Ratio
First Guaranty Bancshares has a P/B Ratio of 0.51. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About First Guaranty Bancshares Stock (NASDAQ:FGBI)

First Guaranty Bancshares, Inc. operates as the holding company for First Guaranty Bank that provides commercial banking services 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 to consumers, small businesses, and municipalities. The company provides loans, such as non-farm, non-residential loans secured by real estate, commercial and industrial loans, one- to four-family residential loans, multifamily loans, construction and land development loans, agricultural loans, farmland loans, and consumer and other loans to small to medium-sized businesses and professionals, and individuals. In addition, it offers a range of consumer services, including credit cards, mobile deposit capture, safe deposit boxes, official checks, online and mobile banking, automated teller machines, and online bill pay; provides additional solutions, such as merchant services, remote deposit capture, and lockbox services to business customers; and invests a portion of its assets in securities issued by the United States Government and its agencies, state and municipal obligations, corporate debt securities, mutual funds, and equity securities, as well as invests in mortgage-backed securities primarily issued or guaranteed by United States Government agencies or enterprises. First Guaranty Bancshares, Inc. was founded in 1934 and is headquartered in Hammond, Louisiana.

FGBI Stock Price History

30 days | 90 days | 365 days | Advanced Chart

FGBI Stock News Headlines

March 16, 2024 | finance.yahoo.com

Don't Buy First Guaranty Bancshares, Inc. (NASDAQ:FGBI) For Its Next Dividend Without Doing These Checks

February 27, 2024 | benzinga.com

First Guaranty Bancshares Stock (NASDAQ:FGBI), Insider Trading Activity

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February 15, 2024 | finance.yahoo.com

Should Value Investors Buy First Guaranty Bancshares (FGBI) Stock?

February 10, 2024 | markets.businessinsider.com

First Guaranty Bancshares Reveals Key Financial Insights

February 5, 2024 | finance.yahoo.com

First Guaranty Bancshares (FGBI) Q4 Earnings Lag Estimates

January 26, 2024 | finance.yahoo.com

Retail investors account for 42% of First Guaranty Bancshares, Inc.'s (NASDAQ:FGBI) ownership, while insiders account for 40%

December 18, 2023 | finance.yahoo.com

FVCBankcorp (FVCB) Soars 5.9%: Is Further Upside Left in the Stock?

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December 16, 2023 | finance.yahoo.com

Don't Race Out To Buy First Guaranty Bancshares, Inc. (NASDAQ:FGBI) Just Because It's Going Ex-Dividend

December 13, 2023 | morningstar.com

First Guaranty Bancshares Inc FGBI

December 13, 2023 | finance.yahoo.com

First Guaranty Bancshares (NASDAQ:FGBI) Has Announced A Dividend Of $0.16

November 29, 2023 | benzinga.com

Navigating Challenges and Investor Rewards: Landmark Bancorp Ensures Steady Distribution amidst Changing Profits

November 24, 2023 | finance.yahoo.com

First Guaranty Bancshares (NASDAQ:FGBI) Is Due To Pay A Dividend Of $0.16

November 21, 2023 | finance.yahoo.com

First Guaranty Bancshares, Inc. Declares 122nd Consecutive Quarterly Cash Dividend to Shareholders

November 9, 2023 | msn.com

Piper Sandler Downgrades First Guaranty Bancshares (FGBI)

November 8, 2023 | markets.businessinsider.com

First Guaranty's Stock Downgraded: Sluggish Profitability And TCE Ratio Decline Raise Alarms

October 31, 2023 | finance.yahoo.com

First Guaranty Bancshares, Inc. Announces Third Quarter 2023 Results

October 23, 2023 | finance.yahoo.com

First Guaranty Bancshares, Inc. Declares 4th Quarter 2023 Preferred Stock Dividend

October 19, 2023 | finance.yahoo.com

First Guaranty Bancshares (NASDAQ:FGBI) shareholders have endured a 51% loss from investing in the stock a year ago

September 6, 2023 | msn.com

First Guaranty Bancshares: Too Much Risk For The 9% Preferred Shares

August 25, 2023 | finance.yahoo.com

First Guaranty Bancshares (NASDAQ:FGBI) Has Affirmed Its Dividend Of $0.16

August 9, 2023 | finance.yahoo.com

First Guaranty Bancshares, Inc. Announces Second Quarter 2023 Results

July 28, 2023 | finance.yahoo.com

First Guaranty Bancshares, Inc. (NASDAQ:FGBI) most popular amongst retail investors who own 40%, insiders hold 31%

July 12, 2023 | msn.com

DA Davidson Maintains First Guaranty Bancshares (FGBI) Neutral Recommendation

July 12, 2023 | markets.businessinsider.com

D.A. Davidson Reaffirms Their Hold Rating on First Guaranty Bancshares (FGBI)

July 11, 2023 | markets.businessinsider.com

Analysts Have Conflicting Sentiments on These Financial Companies: First Guaranty Bancshares (FGBI) and Skyward Specialty Insurance Group, Inc. (SKWD)

See More Headlines

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Company Calendar

Last Earnings: 2/05/2024
Ex-Dividend for 3/29 Dividend: 3/21/2024
Dividend Payable: 3/29/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: Federal savings institutions
Sub-Industry: N/A
Current Symbol: NASDAQ:FGBI
CUSIP: N/A
CIK: 1408534
Web: www.fgb.net
Phone: (985) 345-7685
Fax: 985-375-0355
Employees: 486
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $11.25
High Stock Price Target: $13.00
Low Stock Price Target: $9.50
Potential Upside/Downside: +16.0%
Consensus Rating: Sell
Rating Score (0-4): 1.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.62
Trailing P/E Ratio: 15.65
Forward P/E Ratio: 14.48
P/E Growth: N/A
Net Income: $9.22 million
Net Margins: 4.46%
Pretax Margin: 6.15%
Return on Equity: 4.19%
Return on Assets: 0.26%

Debt

Debt-to-Equity Ratio: 0.99
Current Ratio: 0.98
Quick Ratio: 0.98

Sales & Book Value

Annual Sales: $193.59 million
Price / Sales: 0.63
Cash Flow: $1.22 per share
Price / Cash Flow: 7.95
Book Value: $18.95 per share
Price / Book: 0.51

Miscellaneous

Outstanding Shares: 12,510,000
Free Float: 7,153,000
Market Cap: $121.35 million
Optionable: Not Optionable
Beta: 0.41

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Key Executives

Mr. Alton B. Lewis Jr. (Age 75)
Vice Chairman, President & CEO
Comp: $497.52k
Mr. Eric John Dosch (Age 45)
Treasurer, Secretary & CFO
Comp: $188.12k
Ms. Amanda Wood Barnett J.D. (Age 59)
Senior VP & General Counsel
Mr. Michael Ray Mineer (Age 57)
Kentucky & West Virginia Area President
Kevin J. Foster
Senior VP & Regional Manager Denham Springs
Gregory P. Prudhomme
Senior VP & Regional Manager of Central Louisiana

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

FGBI Stock Analysis - 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 year. There are currently 1 sell rating for the stock. The consensus among Wall Street equities research analysts is that investors should "sell" FGBI shares.
View FGBI analyst ratings or view top-rated stocks.
What is First Guaranty Bancshares' stock price target for 2024?: 1 Wall Street research analysts have issued twelve-month price objectives for First Guaranty Bancshares' stock. Their FGBI share price targets range from $9.50 to $13.00. On average, they anticipate the company's share price to reach $11.25 in the next year. This suggests a possible upside of 16.0% 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 2024?: First Guaranty Bancshares' stock was trading at $11.12 on January 1st, 2024. Since then, FGBI stock has decreased by 12.8% and is now trading at $9.70.
View the best growth stocks for 2024 here.
When is First Guaranty Bancshares' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
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 Monday, February, 5th. The bank reported $0.06 earnings per share for the quarter, missing analysts' consensus estimates of $0.09 by $0.03. The bank had revenue of $23.62 million for the quarter, compared to analyst estimates of $23.02 million. First Guaranty Bancshares had a net margin of 4.46% and a trailing twelve-month return on equity of 4.19%.
How often does First Guaranty Bancshares pay dividends? What is the dividend yield for First Guaranty Bancshares?: First Guaranty Bancshares announced a quarterly dividend on Thursday, February 15th. Shareholders of record on Friday, March 22nd will be given a dividend of $0.16 per share on Friday, March 29th. This represents a $0.64 dividend on an annualized basis and a yield of 6.60%. The ex-dividend date is Thursday, March 21st.
Read our dividend analysis for FGBI.

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 6.46%. FGBI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 103.23%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, FGBI will have a dividend payout ratio of 68.82% 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?: First Guaranty Bancshares (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 served as the underwriter for the IPO and Keefe, Bruyette & Woods (A Stifel Company) and Sterne Agee were co-managers.
Who are First Guaranty Bancshares' major shareholders?: First Guaranty Bancshares' stock is owned by many different retail and institutional investors. Top institutional shareholders include Cullen Investment Group LTD. (0.57%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:FGBI) was last updated on 4/18/2024 by MarketBeat.com Staff

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