First Mid Bancshares - FMBH Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for First Mid Bancshares in the last twelve months. There are currently 1 buy rating 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.

1 equities research analysts have issued twelve-month price targets for First Mid Bancshares' shares. Their FMBH share price forecasts range from $45.00 to $45.00. On average, they expect the company's share price to reach $45.00 in the next year. This suggests a possible upside of 15.6% 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 $42.79 on January 1st, 2022. Since then, FMBH shares have decreased by 9.0% and is now trading at $38.94.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our FMBH earnings forecast.

First Mid Bancshares, Inc. (NASDAQ:FMBH) issued its quarterly earnings data on Thursday, July, 28th. The bank reported $0.90 earnings per share for the quarter, missing analysts' consensus estimates of $0.91 by $0.01. The bank earned $65.39 million during the quarter, compared to the consensus estimate of $65.63 million. First Mid Bancshares had a net margin of 25.93% and a trailing twelve-month return on equity of 11.58%.

First Mid Bancshares declared a quarterly dividend on Thursday, July 28th. Shareholders of record on Thursday, August 18th will be paid a dividend of $0.23 per share on Thursday, September 1st. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.36%. The ex-dividend date is Wednesday, August 17th. This is a boost from the stock's previous quarterly dividend of $0.22.
Read our dividend analysis for FMBH.

First Mid Bancshares (NASDAQ:FMBH) pays an annual dividend of $0.88 per share and currently has a dividend yield of 2.29%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 24.04%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FMBH will have a dividend payout ratio of 21.36% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FMBH.

15 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.

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 a variety of retail and institutional investors. Top institutional shareholders include Kennedy Capital Management Inc. (1.26%), Northern Trust Corp (0.96%), Russell Investments Group Ltd. (0.33%), Swiss National Bank (0.21%), Victory Capital Management Inc. (0.21%) and HoldCo Asset Management LP (0.16%). Insiders that own company stock include David R Hiden, James Kyle Mccurry, Mary Westerhold, Ray A Sparks and Rhonda G Gatons.
View institutional ownership trends.

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 $38.94.

First Mid Bancshares (NASDAQ:FMBH) has a market capitalization of $796.32 million and generates $252.78 million in revenue each year. The bank earns $51.49 million in net income (profit) each year or $3.66 on an earnings per share basis.

The company employs 1,050 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.