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S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
Stock market today: Asia follows Wall St up on hopes Fed will ease off rate hikes
This NASDAQ Stock Is The Amazon Of Medical Supply (Ad)
Is This The Collapse of Icahn Enterprises ?
20 Best Healthcare Dividend Stocks to Invest in
This NASDAQ Stock Is The Amazon Of Medical Supply (Ad)
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
Nordstrom's Earnings Beat, A Rally In The Making
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Elliott Management Says Goodyear Tire Worth At Least $21 a Share
What Does the Airbnb Guidance Drop Say About Travel Demand?
S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
Stock market today: Asia follows Wall St up on hopes Fed will ease off rate hikes
This NASDAQ Stock Is The Amazon Of Medical Supply (Ad)
Is This The Collapse of Icahn Enterprises ?
20 Best Healthcare Dividend Stocks to Invest in
This NASDAQ Stock Is The Amazon Of Medical Supply (Ad)
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
Nordstrom's Earnings Beat, A Rally In The Making
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Elliott Management Says Goodyear Tire Worth At Least $21 a Share
What Does the Airbnb Guidance Drop Say About Travel Demand?
S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
Stock market today: Asia follows Wall St up on hopes Fed will ease off rate hikes
This NASDAQ Stock Is The Amazon Of Medical Supply (Ad)
Is This The Collapse of Icahn Enterprises ?
20 Best Healthcare Dividend Stocks to Invest in
This NASDAQ Stock Is The Amazon Of Medical Supply (Ad)
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
Nordstrom's Earnings Beat, A Rally In The Making
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Elliott Management Says Goodyear Tire Worth At Least $21 a Share
What Does the Airbnb Guidance Drop Say About Travel Demand?
NASDAQ:FRST

Primis Financial (FRST) Stock Forecast, Price & News

$7.56
+0.19 (+2.58%)
(As of 06/1/2023 ET)
Compare
Today's Range
$7.40
$7.60
50-Day Range
$7.07
$9.82
52-Week Range
$7.01
$14.41
Volume
63,518 shs
Average Volume
50,431 shs
Market Capitalization
$186.58 million
P/E Ratio
10.08
Dividend Yield
5.29%
Price Target
$13.50

Primis Financial MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
78.6% Upside
$13.50 Price Target
Short Interest
Healthy
0.80% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.60
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Acquiring Shares
$236,016 Bought Last Quarter
Proj. Earnings Growth
16.15%
From $1.30 to $1.51 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.28 out of 5 stars

Finance Sector

17th out of 1,786 stocks

State Commercial Banks Industry

5th out of 374 stocks


FRST stock logo

About Primis Financial (NASDAQ:FRST) Stock

Primis Financial Corp. is a holding company, which engages in the provision of financial services through its subsidiary Sonabank. The firm focuses on making loans secured primarily by commercial real estate and other types of secured and unsecured commercial loans to small and medium-sized businesses in a number of industries, as well as loans to individuals for a variety of purposes. It also invests in real estate related securities, including collateralized mortgage obligations and agency mortgage backed securities. The company was founded by Georgia S. Derrico and R. Roderick Porter in July 28, 2004 and is headquartered in McLean, VA.

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FRST Stock News Headlines

We Called (ARWR) In Advance, Which Stocks Are Next?
Nearly 56% gains in 30 days! This bullish trend reversal was not only forecasted by A.I., but we called it 1 – 3 days in advance. If you have any money invested in the markets…even just your retirement, you’ll want to see this. Plus, it’s FREE - the training is only an hour & LIVE.
We Called (ARWR) In Advance, Which Stocks Are Next?
Nearly 56% gains in 30 days! This bullish trend reversal was not only forecasted by A.I., but we called it 1 – 3 days in advance. If you have any money invested in the markets…even just your retirement, you’ll want to see this. Plus, it’s FREE - the training is only an hour & LIVE.
Q1 2023 Primis Financial Corp Earnings Call
8-K: Primis Financial Corp.
Primis Financial (FRST) to Release Earnings on Thursday
Primis Financial (NASDAQ:FRST) Coverage Initiated at Stephens
See More Headlines

FRST Price History

FRST Company Calendar

Last Earnings
10/28/2021
Ex-Dividend for 5/26 Dividend
5/11/2023
Dividend Payable
5/26/2023
Today
6/01/2023
Next Earnings (Estimated)
7/27/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:FRST
Employees
418
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$13.50
High Stock Price Forecast
$14.00
Low Stock Price Forecast
$13.00
Forecasted Upside/Downside
+78.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$17.74 million
Pretax Margin
13.40%

Debt

Sales & Book Value

Annual Sales
$147.40 million
Cash Flow
$1.02 per share
Book Value
$16.22 per share

Miscellaneous

Free Float
21,950,000
Market Cap
$186.58 million
Optionable
Not Optionable
Beta
0.76

Key Executives

  • Dennis J. Zember
    President, Chief Executive Officer & Director
  • Matthew A. Switzer
    Chief Financial Officer & Executive Vice President
  • George Cody Sheflett
    Chief Information Officer & EVP
  • Marie T. Leibson
    Chief Credit Officer & Executive Vice President
  • Stephen B. Weber
    Chief Strategy Officer & Executive Vice President













FRST Stock - Frequently Asked Questions

Should I buy or sell Primis Financial stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Primis Financial in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" FRST shares.
View FRST analyst ratings
or view top-rated stocks.

What is Primis Financial's stock price forecast for 2023?

2 brokers have issued 1 year price targets for Primis Financial's stock. Their FRST share price forecasts range from $13.00 to $14.00. On average, they expect the company's share price to reach $13.50 in the next year. This suggests a possible upside of 78.6% from the stock's current price.
View analysts price targets for FRST
or view top-rated stocks among Wall Street analysts.

How have FRST shares performed in 2023?

Primis Financial's stock was trading at $11.85 on January 1st, 2023. Since then, FRST stock has decreased by 36.2% and is now trading at $7.56.
View the best growth stocks for 2023 here
.

When is Primis Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our FRST earnings forecast
.

How were Primis Financial's earnings last quarter?

Primis Financial Corp. (NASDAQ:FRST) announced its quarterly earnings results on Thursday, October, 28th. The company reported $0.25 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.25. The company earned $25.89 million during the quarter, compared to analysts' expectations of $26.83 million. Primis Financial had a trailing twelve-month return on equity of 4.51% and a net margin of 10.67%. During the same period in the prior year, the firm earned $0.39 earnings per share.

How often does Primis Financial pay dividends? What is the dividend yield for Primis Financial?

Primis Financial announced a quarterly dividend on Thursday, April 27th. Shareholders of record on Friday, May 12th will be given a dividend of $0.10 per share on Friday, May 26th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 5.29%. The ex-dividend date of this dividend is Thursday, May 11th.
Read our dividend analysis for FRST
.

Is Primis Financial a good dividend stock?

Primis Financial (NASDAQ:FRST) pays an annual dividend of $0.40 per share and currently has a dividend yield of 5.41%. FRST has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 53.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FRST will have a dividend payout ratio of 26.49% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FRST.

What is Primis Financial's stock symbol?

Primis Financial trades on the NASDAQ under the ticker symbol "FRST."

Who are Primis Financial's major shareholders?

Primis Financial's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.55%), Wellington Management Group LLP (5.38%), Dimensional Fund Advisors LP (4.82%), Patriot Financial Partners GP LP (3.66%), Maltese Capital Management LLC (2.13%) and RMB Capital Management LLC (2.07%). Insiders that own company stock include Ann-Stanton C Gore, Barry P Almond, Bruce Todd Brockwell, Charles A Kabbash, Charles A Kabbash, Cheryl Wood, Clinton Tyler Stafford, Deborah Diaz, Dennis J Zember Jr, Eric Alan Johnson, F L Garrett III, F L Garrett III, George Cody Sheflett Jr, John Fitzgerald Biagas, John M Eggemeyer III, Marie Taylor Leibson, Matthew Alan Switzer, Robert Yates Clagett, Susan B Williamson, W Bruce Jennings and William Rand Cook.
View institutional ownership trends
.

How do I buy shares of Primis Financial?

Shares of FRST 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.
Compare Top Brokerages Here.

What is Primis Financial's stock price today?

One share of FRST stock can currently be purchased for approximately $7.56.

How much money does Primis Financial make?

Primis Financial (NASDAQ:FRST) has a market capitalization of $186.58 million and generates $147.40 million in revenue each year. The company earns $17.74 million in net income (profit) each year or $0.75 on an earnings per share basis.

How many employees does Primis Financial have?

The company employs 418 workers across the globe.

How can I contact Primis Financial?

Primis Financial's mailing address is 6830 Old Dominion Drive, McLean VA, 22101. The official website for the company is www.primisbank.com. The company can be reached via phone at (703) 893-7400, via email at investor@sonabank.com, or via fax at 703-893-7488.

This page (NASDAQ:FRST) was last updated on 6/2/2023 by MarketBeat.com Staff

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