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NASDAQ:FMBH

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

$30.90
+0.29 (+0.95%)
(As of 06/18/2024 ET)
Today's Range
$30.40
$30.99
50-Day Range
$29.28
$33.22
52-Week Range
$23.54
$35.83
Volume
40,229 shs
Average Volume
50,693 shs
Market Capitalization
$738.51 million
P/E Ratio
9.97
Dividend Yield
2.98%
Price Target
$37.00

First Mid Bancshares MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
19.7% Upside
$37.00 Price Target
Short Interest
Healthy
0.81% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.15mentions of First Mid Bancshares in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
1.55%
From $3.23 to $3.28 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.

3.54 out of 5 stars

Finance Sector

404th out of 872 stocks

State Commercial Banks Industry

105th out of 177 stocks

FMBH stock logo

About First Mid Bancshares Stock (NASDAQ:FMBH)

First Mid Bancshares, Inc., a financial holding company, provides community banking products and services to commercial, retail, and agricultural customers in the United States. It accepts various deposit products, such as demand deposits, savings accounts, money market deposits, and time deposits. The company's loan products include commercial real estate, commercial and industrial, agricultural and agricultural real estate, residential real estate, and consumer loans, as well as construction and land development, 1-4 family residential properties, and multifamily residential properties loans; and other loans comprising loans to municipalities to support community projects, such as infrastructure improvements or equipment purchases. It also offers wealth management services, which include estate planning, investment, and farm management and brokerage services for individuals; employee benefit services for businesses; and farm management and brokerage services. In addition, the company provides property and casualty, senior insurance products, and group medical insurance for businesses; and personal lines insurance to individuals. The company was formerly known as First Mid-Illinois Bancshares, Inc. and changed its name to First Mid Bancshares, Inc. in April 2019. First Mid Bancshares, Inc. was founded in 1865 and is headquartered in Mattoon, Illinois.

FMBH Stock Price History

FMBH Stock News Headlines

[Urgent] Protect your money before November
Those who listened to his warnings could have kept their money safe and even made substantial profits during each crisis. In fact, the Wall Street Journal reported that his work was more accurate … and more profitable than that of … Deutsche Bank … Merrill Lynch … JPMorgan Chase … Goldman Sachs … and every other firm reviewed.
First Mid Bancshares: Q1 Earnings Snapshot
First Mid Bancshares, Inc.
[Urgent] Protect your money before November
Those who listened to his warnings could have kept their money safe and even made substantial profits during each crisis. In fact, the Wall Street Journal reported that his work was more accurate … and more profitable than that of … Deutsche Bank … Merrill Lynch … JPMorgan Chase … Goldman Sachs … and every other firm reviewed.
First Mid Illinois Bancshares Inc (FMBH)
KBW Reaffirms Their Buy Rating on First Mid-Illinois Bancshares (FMBH)
First Mid Bancshares Inc FMBH
First Mid Bancshares Inc (FMBH) Announces Q3 2023 Results
First Mid Bancshares: Q3 Earnings Snapshot
See More Headlines
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Company Calendar

Last Earnings
4/24/2024
Ex-Dividend for 5/31 Dividend
5/14/2024
Dividend Payable
5/31/2024
Today
6/19/2024
Next Earnings (Estimated)
7/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
N/A
Current Symbol
NASDAQ:FMBH
Fax
N/A
Employees
1,219
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$37.00
High Stock Price Target
$38.00
Low Stock Price Target
$34.00
Potential Upside/Downside
+19.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$68.93 million
Pretax Margin
21.90%

Debt

Sales & Book Value

Annual Sales
$386.95 million
Cash Flow
$3.90 per share
Book Value
$33.27 per share

Miscellaneous

Free Float
22,653,000
Market Cap
$738.51 million
Optionable
Optionable
Beta
0.89
12 Stocks Corporate Insiders are Abandoning Cover

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Key Executives

  • Mr. Joseph R. Dively (Age 65)
    Chairman, President & CEO
    Comp: $896.65k
  • Mr. Matthew K. Smith CPA (Age 49)
    Executive VP & CFO
    Comp: $417.83k
  • Mr. Michael L. Taylor (Age 55)
    Senior EVP & COO
    Comp: $500.02k
  • Mr. Eric S. McRae (Age 59)
    Executive Vice President
    Comp: $420.45k
  • Mr. Bradley L. Beesley (Age 52)
    Executive Vice President
    Comp: $574.63k
  • Mr. Jeremy R. Frieburg (Age 43)
    Senior VP & Chief Information Officer
  • Mr. Jason M. Crowder (Age 53)
    SVP & General Counsel
  • Ms. Rhonda R. GatonsMs. Rhonda R. Gatons (Age 52)
    Executive VP & Director of Human Resources
  • Ms. Amanda D. Lewis (Age 44)
    Executive Vice President
  • Mr. Jordan D. Read (Age 34)
    Senior VP & Chief Risk Officer

FMBH Stock Analysis - Frequently Asked Questions

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

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for First Mid Bancshares in the last twelve months. There are currently 4 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.

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

4 brokers have issued 1 year price objectives for First Mid Bancshares' stock. Their FMBH share price targets range from $34.00 to $38.00. On average, they predict the company's stock price to reach $37.00 in the next twelve months. This suggests a possible upside of 19.7% from the stock's current price.
View analysts price targets for FMBH
or view top-rated stocks among Wall Street analysts.

How have FMBH shares performed in 2024?

First Mid Bancshares' stock was trading at $34.66 at the start of the year. Since then, FMBH shares have decreased by 10.8% and is now trading at $30.90.
View the best growth stocks for 2024 here
.

Are investors shorting First Mid Bancshares?

First Mid Bancshares saw a drop in short interest during the month of May. As of May 31st, there was short interest totaling 194,000 shares, a drop of 10.4% from the May 15th total of 216,600 shares. Based on an average daily volume of 49,600 shares, the short-interest ratio is currently 3.9 days.
View First Mid Bancshares' Short Interest
.

When is First Mid Bancshares' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
View our FMBH earnings forecast
.

How were First Mid Bancshares' earnings last quarter?

First Mid Bancshares, Inc. (NASDAQ:FMBH) issued its earnings results on Wednesday, April, 24th. The bank reported $0.93 earnings per share for the quarter, beating analysts' consensus estimates of $0.86 by $0.07. The bank earned $79.95 million during the quarter, compared to analyst estimates of $80.20 million. First Mid Bancshares had a trailing twelve-month return on equity of 10.56% and a net margin of 17.01%.

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

First Mid Bancshares announced a quarterly dividend on Wednesday, April 24th. Investors of record on Wednesday, May 15th will be given a dividend of $0.23 per share on Friday, May 31st. This represents a $0.92 annualized dividend and a yield of 2.98%. The ex-dividend date of this dividend is Tuesday, May 14th.
Read our dividend analysis for FMBH
.

Is First Mid Bancshares a good dividend stock?

First Mid Bancshares (NASDAQ:FMBH) pays an annual dividend of $0.92 per share and currently has a dividend yield of 3.03%. The dividend payout ratio is 29.68%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FMBH will have a dividend payout ratio of 28.05% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FMBH.

What is Joe Dively's approval rating as First Mid Bancshares' CEO?

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.

What other stocks do shareholders of First Mid Bancshares own?

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).

Who are First Mid Bancshares' major shareholders?

First Mid Bancshares' stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (5.41%), Kennedy Capital Management LLC (1.14%), Russell Investments Group Ltd. (0.28%), Empowered Funds LLC (0.22%), Boston Partners (0.19%) and California State Teachers Retirement System (0.09%). Insiders that own company stock include Bradley L Beesley, Clay M Dean, James Kyle Mccurry, Rhonda G Gatons and Todd J James.
View institutional ownership trends
.

How do I buy shares of First Mid Bancshares?

Shares of FMBH 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:FMBH) was last updated on 6/19/2024 by MarketBeat.com Staff

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