NASDAQ:FMBH

First Mid Bancshares Stock Forecast, Price & News

$42.86

-0.21 (-0.49 %)

(As of 06/11/2021 12:00 AM ET)

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Today's Range

$42.78

▼

$43.37

50-Day Range

$41.95

▼

$44.53

52-Week Range

$22.24

▼

$45.00

Volume19,367 shs

Average Volume40,139 shs

Market Capitalization$717.30 million

P/E Ratio18.32

Dividend Yield1.90%

Beta0.99

30 days | 90 days | 365 days | Advanced Chart

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About First Mid Bancshares

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; 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; and employee benefit services for business enterprises. In addition, the company provides property and casualty, senior insurance products, and group medical insurance for businesses; and personal lines insurance to individuals. It operates through a network of 63 banking centers in Illinois and 1 office in Missouri, as well as a loan production office in Indiana. 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 incorporated in 1981 and is headquartered in Mattoon, Illinois.

The First Mid Bancshares (NASDAQ:FMBH) Share Price Is Up 72% And Shareholders Are Holding On
June 5, 2021 | finance.yahoo.com

$57.25 Million in Sales Expected for First Mid Bancshares, Inc. (NASDAQ:FMBH) This Quarter
May 29, 2021 | americanbankingnews.com

First Mid Bancshares, Inc. (NASDAQ:FMBH) Expected to Announce Earnings of $0.90 Per Share
May 27, 2021 | americanbankingnews.com

If You Had Bought First Mid Bancshares (NASDAQ:FMBH) Shares A Year Ago You'd Have Earned 82% Returns
May 22, 2021 | nasdaq.com

First Mid-Illinois Bancshares (FMBH) Q1 Earnings and Revenues Beat Estimates
April 28, 2021 | finance.yahoo.com

First Mid Bancshares, Inc. Announces First Quarter 2021 Results
April 28, 2021 | finance.yahoo.com

First Mid-Illinois Bancshares (FMBH) is a Top Dividend Stock Right Now: Should You Buy?
February 24, 2021 | msn.com

Why First Mid-Illinois Bancshares (FMBH) is a Great Dividend Stock Right Now
February 8, 2021 | finance.yahoo.com

First Mid-Illinois Bancshares (FMBH) Q4 Earnings and Revenues Top Estimates
January 28, 2021 | finance.yahoo.com

First Mid Bancshares, Inc. Announces Branch Optimization Plan
December 4, 2020 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:FMBH
Previous Symbol
CUSIPN/A
CIK700565
Webwww.firstmid.com
Phone217-234-7454
Employees983
Year FoundedN/A

Sales & Book Value

Annual Sales$203.66 million
Price / Sales3.52
Cash Flow$3.29 per share
Price / Cash Flow13.01
Book Value$33.95 per share
Price / Book1.26

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares16,736,000
Market Cap$717.30 million
Next Earnings Date7/29/2021 (Estimated)
OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

1.67 out of 5 stars

Finance Sector

506th out of 1,975 stocks

State Commercial Banks Industry

102nd out of 311 stocks

1.3 Analyst's Opinion

Consensus Rating
First Mid Bancshares has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $33.00, First Mid Bancshares has a forecasted downside of 23.0% from its current price of $42.86.
Amount of Analyst Coverage
First Mid Bancshares has received no research coverage in the past 90 days.

1.8 Community Rank

Outperform Votes
First Mid Bancshares has received 171 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
First Mid Bancshares has received 302 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
First Mid Bancshares has received 63.85% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about First Mid Bancshares and other stocks. Vote “Outperform” if you believe FMBH will outperform the S&P 500 over the long term. Vote “Underperform” if you believe FMBH will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Yield
First Mid Bancshares pays a meaningful dividend of 1.90%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
First Mid Bancshares has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of First Mid Bancshares is 30.37%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, First Mid Bancshares will have a dividend payout ratio of 23.36% next year. This indicates that First Mid Bancshares will be able to sustain or increase its dividend.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, First Mid Bancshares insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 8.70% of the stock of First Mid Bancshares is held by insiders.
Percentage Held by Institutions
38.05% of the stock of First Mid Bancshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for First Mid Bancshares are expected to grow by 1.15% in the coming year, from $3.47 to $3.51 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of First Mid Bancshares is 18.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 29.70.
Price to Earnings Ratio vs. Sector
The P/E ratio of First Mid Bancshares is 18.32, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 20.23.
Price to Book Value per Share Ratio
First Mid Bancshares has a P/B Ratio of 1.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

First Mid Bancshares (NASDAQ:FMBH) Frequently Asked Questions

Is First Mid Bancshares a buy right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for First Mid Bancshares in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" First Mid Bancshares stock.
View analyst ratings for First Mid Bancshares or view top-rated stocks.

What stocks does MarketBeat like better than First Mid Bancshares?

Wall Street analysts have given First Mid Bancshares a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but First Mid Bancshares wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is First Mid Bancshares' next earnings date?

First Mid Bancshares is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for First Mid Bancshares.

How were First Mid Bancshares' earnings last quarter?

First Mid Bancshares, Inc. (NASDAQ:FMBH) issued its quarterly earnings results on Wednesday, April, 28th. The bank reported $0.88 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.41 by $0.47. The bank had revenue of $54.51 million for the quarter, compared to analysts' expectations of $52.65 million. First Mid Bancshares had a trailing twelve-month return on equity of 8.86% and a net margin of 18.67%.
View First Mid Bancshares' earnings history.

How has First Mid Bancshares' stock been impacted by COVID-19?

First Mid Bancshares' stock was trading at $23.50 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, FMBH stock has increased by 82.4% and is now trading at $42.86.
View which stocks have been most impacted by COVID-19.

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

First Mid Bancshares declared a quarterly dividend on Wednesday, April 28th. Stockholders of record on Tuesday, May 18th will be given a dividend of $0.205 per share on Tuesday, June 1st. This represents a $0.82 dividend on an annualized basis and a dividend yield of 1.91%. The ex-dividend date of this dividend is Monday, May 17th.
View First Mid Bancshares' dividend history.

Is First Mid Bancshares a good dividend stock?

First Mid Bancshares pays an annual dividend of $0.82 per share and currently has a dividend yield of 1.90%. First Mid Bancshares does not yet have a strong track record of dividend growth. The dividend payout ratio of First Mid Bancshares is 30.37%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, First Mid Bancshares will have a dividend payout ratio of 23.36% next year. This indicates that First Mid Bancshares will be able to sustain or increase its dividend.
View First Mid Bancshares' dividend history.

What price target have analysts set for FMBH?

3 analysts have issued twelve-month price objectives for First Mid Bancshares' shares. Their forecasts range from $32.00 to $34.00. On average, they anticipate First Mid Bancshares' stock price to reach $33.00 in the next year. This suggests that the stock has a possible downside of 23.0%.
View analysts' price targets for First Mid Bancshares or view top-rated stocks among Wall Street analysts.

Who are First Mid Bancshares' key executives?

First Mid Bancshares' management team includes the following people:

Mr. Joseph R. Dively, Chairman, Pres & CEO (Age 62, Pay $832.47k)
Mr. Matthew K. Smith CPA, Exec. VP & CFO (Age 46, Pay $365.29k)
Mr. Michael L. Taylor, Sr. EVP & COO (Age 52, Pay $459.37k)
Mr. Eric S. McRae, Exec. VP (Age 56, Pay $426.84k)
Mr. Bradley L. Beesley, Exec. VP (Age 49, Pay $510.32k)
Mr. David R. Hiden, Sr. VP & Chief Information Officer (Age 58)
Mr. Jason M. Crowder, SVP & Gen. Counsel (Age 50)
Laura ZuHone, VP & Director of Marketing
Ms. Rhonda R. Gatons, Sr. VP & Chief HR Officer (Age 49)
Ms. Laurel G. Allenbaugh, Exec. VP (Age 61)

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

15 employees have rated First Mid Bancshares CEO Joe Dively on Glassdoor.com. Joe Dively has an approval rating of 100% among First Mid Bancshares' employees. This puts Joe Dively in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of First Mid Bancshares' key competitors?

Some companies that are related to First Mid Bancshares include First Interstate BancSystem (FIBK), First BanCorp. (FBP), Independent Bank (INDB), Live Oak Bancshares (LOB), Silvergate Capital (SI), Renasant (RNST), TowneBank (TOWN), Heartland Financial USA (HTLF), Triumph Bancorp (TBK), Seacoast Banking Co. of Florida (SBCF), Banner (BANR), FB Financial (FBK), Great Western Bancorp (GWB), Eagle Bancorp (EGBN) and Veritex (VBTX).
View all of FMBH's competitors.

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).

What is First Mid Bancshares' stock symbol?

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

Who are First Mid Bancshares' major shareholders?

First Mid Bancshares' stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.79%), Dimensional Fund Advisors LP (2.53%), Kennedy Capital Management Inc. (1.95%), Geode Capital Management LLC (1.38%), The Manufacturers Life Insurance Company (1.05%) and Northern Trust Corp (1.02%). Company insiders that own First Mid Bancshares stock include David R Hiden, Mary Westerhold and Ray A Sparks.
View institutional ownership trends for First Mid Bancshares.

Which major investors are selling First Mid Bancshares stock?

FMBH stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Northern Trust Corp, Alliancebernstein L.P., Morgan Stanley, Bank of Montreal Can, Dimensional Fund Advisors LP, Congress Asset Management Co. MA, and Raymond James Trust N.A..
View insider buying and selling activity for First Mid Bancshares or view top insider-selling stocks.

Which major investors are buying First Mid Bancshares stock?

FMBH stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Boston Partners, Deprince Race & Zollo Inc., Geode Capital Management LLC, Cornercap Investment Counsel Inc., Victory Capital Management Inc., Fiera Capital Corp, and Sei Investments Co..
View insider buying and selling activity for First Mid Bancshares or or view top insider-buying stocks.

How do I buy shares of First Mid Bancshares?

Shares of FMBH 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 Mid Bancshares' stock price today?

One share of FMBH stock can currently be purchased for approximately $42.86.

How much money does First Mid Bancshares make?

First Mid Bancshares has a market capitalization of $717.30 million and generates $203.66 million in revenue each year. The bank earns $45.27 million in net income (profit) each year or $2.70 on an earnings per share basis.

How many employees does First Mid Bancshares have?

First Mid Bancshares employs 983 workers across the globe.

What is First Mid Bancshares' official website?

The official website for First Mid Bancshares is www.firstmid.com.

Where are First Mid Bancshares' headquarters?

First Mid Bancshares is headquartered at 1421 CHARLESTON AVENUE, MATTOON IL, 61938.

How can I contact First Mid Bancshares?

First Mid Bancshares' mailing address is 1421 CHARLESTON AVENUE, MATTOON IL, 61938. The bank can be reached via phone at 217-234-7454 or via email at [email protected]

This page was last updated on 6/12/2021 by MarketBeat.com Staff

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