NYSE:FBKFB Financial Stock Price, Forecast & News

$18.86

+0.54 (+2.95 %)

(As of 04/3/2020 04:00 PM ET)

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Today's Range

$18.02

Now: $18.86▼

$18.94

50-Day Range

$15.28

MA: $27.43▼

$37.24

52-Week Range

$14.38

Now: $18.86▼

$40.33

Volume206,520 shs

Average Volume198,186 shs

Market Capitalization$585.98 million

P/E Ratio7.12

Dividend Yield1.97%

Beta1.51

FB Financial Corporation operates as a bank holding company for FirstBank that provides a suite of commercial and consumer banking services businesses, professionals, and individuals. The company operates in two segments, Banking and Mortgage. It provides demand, negotiable order of withdrawal, money market, certificates of deposit, and municipal and savings accounts, as well as time deposits. The company also offers commercial lending products that include working capital lines of credit, equipment loans, owner-occupied and non-owner-occupied real estate construction loans, real estate term loans, and cash flow loans to small and medium sized businesses; and consumer lending products comprising first and second residential mortgage loans, and home equity lines of credit, as well as consumer installment loans to purchase cars, boats, and other recreational vehicles. In addition, it provides residential mortgage products and services through its bank branches and mortgage offices located in the southeastern United States; and an Internet delivery channel, as well as third-party mortgage services to smaller community banks and mortgage companies. Further, the company offers investment services, including equities, mutual funds, bonds, tax-exempt municipals, and annuities; and money management consultation and insurance agency, as well as retirement plan advisory services. Additionally, it provides online and mobile banking, direct deposit, wire transfer, night depository, banking-by-mail, remote capture, and cash management services. It operates 58 full-service bank branches and 9 other banking locations throughout Tennessee, North Alabama, and North Georgia; and 19 mortgage offices throughout the southeastern United States. The company was formerly known as First South Bancorp, Inc. and changed its name to FB Financial Corporation in March 2016. FB Financial Corporation was founded in 1906 and is headquartered in Nashville, Tennessee.

Beat the Market (BTM) Rank^™

3.2 Analyst's Opinion

Consensus Rating
FB Financial has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $42.13, FB Financial has a potential upside of 123.4% from its current price of $18.86.
Amount of Analyst Coverage
FB Financial has only been the subject of 1 research reports in the past 90 days.

2.0 Community Rank

Outperform Votes
FB Financial has received 217 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
FB Financial has received 335 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
FB Financial has received 60.69% “underperform” votes from our community.

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

3.3 Dividend Strength

Dividend Leadership
FB Financial is a leading dividend payer. It pays a dividend yield of 1.97%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
FB Financial has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of FB Financial is 12.72 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, FB Financial will have a dividend payout ratio of 13.24 % next year. This indicates that FB Financial will be able to sustain or increase its dividend.

2.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, FB Financial insiders have not sold or bought any company stock.
Percentage Held by Insiders
45.20% of the stock of FB Financial is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
53.83% of the stock of FB Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for FB Financial are expected to grow by 14.77% in the coming year, from $2.37 to $2.72 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of FB Financial is 7.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 10.79.
Price to Earnings Ratio vs. Sector
The P/E ratio of FB Financial is 7.12, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 11.31.
Price to Book Value per Share Ratio
FB Financial has a P/B Ratio of 0.77. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.61 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry State commercial banks

Sub-IndustryN/A

SectorFinance

Current SymbolNYSE:FBK

Previous Symbol

CUSIPN/A

CIK1649749

Webhttp://www.firstbankonline.com/

Phone615-564-1212

Debt

Debt-to-Equity Ratio0.05

Current Ratio0.92

Quick Ratio0.87

Price-To-Earnings

Trailing P/E Ratio7.12

Forward P/E Ratio7.96

P/E GrowthN/A

Sales & Book Value

Annual Sales$417.93 million

Price / Sales1.40

Cash Flow$3.38 per share

Price / Cash Flow5.58

Book Value$24.56 per share

Price / Book0.77

Profitability

EPS (Most Recent Fiscal Year)$2.83

Net Income$83.81 million

Net Margins20.05%

Return on Equity12.24%

Return on Assets1.52%

Miscellaneous

Employees1,399

Outstanding Shares31,070,000

Market Cap$585.98 million

Next Earnings Date4/27/2020 (Estimated)

OptionableNot Optionable

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FB Financial (NYSE:FBK) Frequently Asked Questions

How has FB Financial's stock been impacted by COVID-19 (Coronavirus)?

FB Financial's stock was trading at $25.11 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, FBK shares have decreased by 24.9% and is now trading at $18.86. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of FB Financial?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FB Financial in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for FB Financial.

When is FB Financial's next earnings date?

FB Financial is scheduled to release its next quarterly earnings announcement on Monday, April 27th 2020. View our earnings forecast for FB Financial.

How were FB Financial's earnings last quarter?

FB Financial Corp (NYSE:FBK) announced its quarterly earnings results on Tuesday, January, 21st. The financial services provider reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.04. The financial services provider had revenue of $92.93 million for the quarter, compared to the consensus estimate of $89.13 million. FB Financial had a return on equity of 12.24% and a net margin of 20.05%. View FB Financial's earnings history.

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

FB Financial announced a quarterly dividend on Monday, February 3rd. Stockholders of record on Saturday, February 15th will be paid a dividend of $0.09 per share on Monday, March 2nd. This represents a $0.36 dividend on an annualized basis and a yield of 1.91%. The ex-dividend date of this dividend is Thursday, February 13th. This is a boost from FB Financial's previous quarterly dividend of $0.08. View FB Financial's dividend history.

What price target have analysts set for FBK?

5 Wall Street analysts have issued twelve-month target prices for FB Financial's stock. Their forecasts range from $38.50 to $46.00. On average, they anticipate FB Financial's stock price to reach $42.13 in the next twelve months. This suggests a possible upside of 123.4% from the stock's current price. View analysts' price targets for FB Financial.

What are Wall Street analysts saying about FB Financial stock?

Here are some recent quotes from research analysts about FB Financial stock:

1. According to Zacks Investment Research, "FB Financial Corp is a bank holding company. It operates through its wholly owned banking subsidiary, FirstBank. The company provides commercial and consumer banking services to clients. It operates primarily in Tennessee, North Alabama and North Georgia. The company also provides national mortgage business. FB Financial Corp is headquartered in Nashville, Tennessee. " (3/24/2020)
2. Stephens analysts commented, "We maintain our OW rating.Stephens Inc. Page 2 APPENDIX A ANALYST CERTIFICATION The analyst primarily responsible for the preparation of the content of this report certifies that (i) all views expressed in this report accurately reflect the analyst’s personal views about the subject company and securities, and (ii) no part of the analyst’s compensation was, is, or will be, directly or indirectly, related to the specific recommendations or views expressed by the analyst in this report. REQUIRED DISCLOSURES The research analyst principally responsible for preparation of this report has received compensation that is based on the firm’s overall revenue which includes investment banking revenue. Stephens Inc. maintains a market in the common stock of FB Financial Corporation as of the date of this report and may act as principal in these transactions." (9/18/2019)

Has FB Financial been receiving favorable news coverage?

News coverage about FBK stock has been trending very negative recently, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. FB Financial earned a news impact score of -3.3 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutFB Financial.

Are investors shorting FB Financial?

FB Financial saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 972,200 shares, an increase of 12.5% from the February 27th total of 864,400 shares. Based on an average daily trading volume, of 103,400 shares, the days-to-cover ratio is currently 9.4 days. Approximately 5.7% of the company's shares are short sold. View FB Financial's Current Options Chain.

Who are some of FB Financial's key competitors?

Some companies that are related to FB Financial include Bank of Hawaii (BOH), United Bankshares (UBSI), Independent Bank (INDB), Bank Ozk (OZK), Home Bancshares (HOMB), First Hawaiian (FHB), Associated Banc (ASB), Bancorpsouth Bank (BXS), First Interstate Bancsystem (FIBK), Investors Bancorp (ISBC), South State (SSB), Wintrust Financial (WTFC), International Bancshares (IBOC), Columbia Banking System (COLB) and IBERIABANK (IBKC).

What other stocks do shareholders of FB Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other FB Financial investors own include Shopify (SHOP), RealReal (REAL), Sonos (SONO), SVMK (SVMK), AbbVie (ABBV), Canopy Growth (CGC), Chewy (CHWY), Brinker International (EAT), Pfizer (PFE) and Tc Pipelines (TRP).

Who are FB Financial's key executives?

FB Financial's management team includes the following people:

Mr. James W. Ayers, Exec. Chairman (Age 75)
Mr. Christopher T. Holmes, Pres, CEO & Director (Age 55)
Mr. James R. Gordon, Chief Financial Officer (Age 53)
Mr. Wilburn J. Evans, Exec. Officer (Age 59)
Ms. Lisa Smiley, Director of External Financial Reporting

When did FB Financial IPO?

(FBK) raised $100 million in an initial public offering (IPO) on Friday, September 16th 2016. The company issued 5,900,000 shares at a price of $16.00-$18.00 per share. J.P. Morgan, UBS and Keefe, Bruyette & Woods (A Stifel Company) acted as the underwriters for the IPO and Raymond James, Sandler O’Neill + Partners and Stephens were co-managers.

What is FB Financial's stock symbol?

FB Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "FBK."

How do I buy shares of FB Financial?

Shares of FBK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is FB Financial's stock price today?

One share of FBK stock can currently be purchased for approximately $18.86.

How big of a company is FB Financial?

FB Financial has a market capitalization of $585.98 million and generates $417.93 million in revenue each year. The financial services provider earns $83.81 million in net income (profit) each year or $2.83 on an earnings per share basis. FB Financial employs 1,399 workers across the globe. View additional information about FB Financial.

What is FB Financial's official website?

The official website for FB Financial is http://www.firstbankonline.com/.

How can I contact FB Financial?

FB Financial's mailing address is 211 COMMERCE STREET SUITE 300, NASHVILLE TN, 37201. The financial services provider can be reached via phone at 615-564-1212 or via email at [email protected]

This page was last updated on 4/4/2020 by MarketBeat.com Staff

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NYSE:FBKFB Financial Stock Price, Forecast & News

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Beat the Market (BTM) Rank™

3.2 Analyst's Opinion

Consensus Rating

Price Target Upside/Downside

Amount of Analyst Coverage

2.0 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment