First Mid Bancshares (FMBH) Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for First Mid Bancshares in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" FMBH shares.
View FMBH analyst ratings or view top-rated stocks.

3 Wall Street research analysts have issued 1-year price targets for First Mid Bancshares' shares. Their FMBH share price forecasts range from $34.00 to $44.00. On average, they anticipate the company's stock price to reach $40.75 in the next twelve months. This suggests a possible upside of 69.7% from the stock's current price.
View analysts price targets for FMBH or view top-rated stocks among Wall Street analysts.

First Mid Bancshares' stock was trading at $32.08 on January 1st, 2023. Since then, FMBH shares have decreased by 25.1% and is now trading at $24.02.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our FMBH earnings forecast.

First Mid Bancshares, Inc. (NASDAQ:FMBH) issued its earnings results on Wednesday, October, 27th. The bank reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.17. The bank earned $61.86 million during the quarter, compared to analyst estimates of $61.80 million. First Mid Bancshares had a trailing twelve-month return on equity of 12.29% and a net margin of 24.48%.

First Mid Bancshares announced a quarterly dividend on Wednesday, April 26th. Shareholders of record on Wednesday, May 17th will be given a dividend of $0.23 per share on Thursday, June 1st. This represents a $0.92 annualized dividend and a yield of 3.83%. The ex-dividend date is Tuesday, May 16th.
Read our dividend analysis for FMBH.

ETFs with the largest weight of First Mid Bancshares (NASDAQ:FMBH) stock in their portfolio include SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV), First Trust NASDAQ ABA Community Bank Index Fund (QABA),

First Mid Bancshares (NASDAQ:FMBH) pays an annual dividend of $0.92 per share and currently has a dividend yield of 3.71%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 25.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FMBH will have a dividend payout ratio of 26.36% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FMBH.

28 employees have rated First Mid Bancshares Chief Executive Officer Joe Dively on Glassdoor.com. Joe Dively has an approval rating of 100% among the company's employees. This puts Joe Dively in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 65.0% of employees surveyed would recommend working at First Mid Bancshares to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other First Mid Bancshares investors own include Exxon Mobil (XOM), Enbridge (ENB), NXP Semiconductors (NXPI), AbbVie (ABBV), Bristol-Myers Squibb (BMY), Harley-Davidson (HOG), International Business Machines (IBM), Lithia Motors (LAD), Altria Group (MO) and ONEOK (OKE).

First Mid Bancshares trades on the NASDAQ under the ticker symbol "FMBH."

First Mid Bancshares' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (6.80%), Dimensional Fund Advisors LP (2.88%), American Century Companies Inc. (2.38%), State Street Corp (1.99%), Geode Capital Management LLC (1.78%) and GW&K Investment Management LLC (1.43%). Insiders that own company stock include Bradley L Beesley, Clay M Dean, James Kyle Mccurry, Ray A Sparks and Rhonda G Gatons.
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Shares of FMBH 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 FMBH stock can currently be purchased for approximately $24.02.

First Mid Bancshares (NASDAQ:FMBH) has a market capitalization of $493.13 million and generates $290.57 million in revenue each year. The bank earns $72.95 million in net income (profit) each year or $3.68 on an earnings per share basis.

The company employs 1,070 workers across the globe.

First Mid Bancshares' mailing address is 1421 CHARLESTON AVENUE, MATTOON IL, 61938. The official website for the company is www.firstmid.com. The bank can be reached via phone at (217) 234-7454 or via email at aholt@firstmid.com.