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

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Mid Bancshares in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street 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 12 month target prices for First Mid Bancshares' shares. Their FMBH share price targets range from $34.00 to $38.00. On average, they anticipate the company's stock price to reach $36.50 in the next year. This suggests a possible upside of 19.2% 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 beginning of the year. Since then, FMBH shares have decreased by 11.6% and is now trading at $30.63. View the best growth stocks for 2024 here .

Are investors shorting First Mid Bancshares?

First Mid Bancshares saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 201,200 shares, an increase of 5.1% from the March 15th total of 191,500 shares. Based on an average daily volume of 55,800 shares, the days-to-cover ratio is currently 3.6 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 Wednesday, April 24th 2024. View our FMBH earnings forecast .

How were First Mid Bancshares' earnings last quarter?

First Mid Bancshares, Inc. (NASDAQ:FMBH) announced its earnings results on Thursday, January, 25th. The bank reported $0.94 EPS for the quarter, topping analysts' consensus estimates of $0.83 by $0.11. The bank earned $79.23 million during the quarter, compared to the consensus estimate of $77.10 million. First Mid Bancshares had a trailing twelve-month return on equity of 10.71% and a net margin of 17.82%.

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 Tuesday, January 23rd. Investors of record on Friday, February 16th will be paid a dividend of $0.23 per share on Friday, March 1st. This represents a $0.92 annualized dividend and a yield of 3.00%. The ex-dividend date is Thursday, February 15th. 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 3.14%. The dividend payout ratio is 29.02%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FMBH will have a dividend payout ratio of 27.30% 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) .

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 .

NASDAQ:FMBH

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

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Free FMBH Stock Alerts

$30.63

+0.77 (+2.58%)

(As of 11:54 AM ET)

Compare

Today's Range: $29.68
▼
$30.70
50-Day Range: $29.28
▼
$32.68
52-Week Range: $21.77
▼
$35.83

Volume: 16,269 shs
Average Volume: 54,632 shs
Market Capitalization: $731.75 million

P/E Ratio: 9.66
Dividend Yield: 3.00%
Price Target: $36.50

Get First Mid Bancshares alerts:

First Mid Bancshares MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 19.2% Upside
$36.50 Price Target
Short Interest: Healthy
0.84% of Shares Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.87
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 2.74%
From $3.28 to $3.37 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.

3.12 out of 5 stars

Finance Sector

500th out of 846 stocks

State Commercial Banks Industry

126th out of 176 stocks

2.5

Analyst's Opinion

Consensus Rating
First Mid Bancshares has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
First Mid Bancshares has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.84% of the outstanding shares of First Mid Bancshares have been sold short.
Short Interest Ratio / Days to Cover
First Mid Bancshares has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in First Mid Bancshares has recently increased by 5.07%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
First Mid Bancshares pays a meaningful dividend of 3.14%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
First Mid Bancshares does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of First Mid Bancshares is 29.02%. 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 27.30% next year. This indicates that First Mid Bancshares will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for FMBH.

2.7

News and Social Media Coverage

News Sentiment
First Mid Bancshares has a news sentiment score of 0.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for First Mid Bancshares this week, compared to 1 article on an average week.

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 7.70% of the stock of First Mid Bancshares is held by insiders.
Percentage Held by Institutions
47.57% 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.

2.5

Earnings and Valuation

Earnings Growth
Earnings for First Mid Bancshares are expected to grow by 2.74% in the coming year, from $3.28 to $3.37 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of First Mid Bancshares is 9.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.39.
Price to Earnings Ratio vs. Sector
The P/E ratio of First Mid Bancshares is 9.66, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.71.
Price to Book Value per Share Ratio
First Mid Bancshares has a P/B Ratio of 0.92. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

FMBH Stock News Headlines

April 6, 2024 | cnn.com

First Mid Bancshares, Inc.

February 22, 2024 | benzinga.com

First Mid Bancshares Stock (NASDAQ:FMBH), Analyst Ratings, Price Targets, Predictions

April 19, 2024 | TradeSmith (Ad)

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February 14, 2024 | msn.com

First Mid Bancshares goes ex dividend tomorrow

February 9, 2024 | investing.com

First Mid Illinois Bancshares Inc (FMBH)

January 26, 2024 | markets.businessinsider.com

KBW Reaffirms Their Buy Rating on First Mid-Illinois Bancshares (FMBH)

January 26, 2024 | finance.yahoo.com

First Mid Bancshares Full Year 2023 Earnings: EPS Misses Expectations

January 25, 2024 | finance.yahoo.com

First Mid Bancshares Inc Reports Solid Q4 Earnings, Boosted by Blackhawk Merger

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January 25, 2024 | finance.yahoo.com

First Mid Bancshares, Inc. Announces Fourth Quarter 2023 Results

December 28, 2023 | finance.yahoo.com

First Mid Bancshares (NASDAQ:FMBH) shareholders have earned a 14% return over the last year

December 22, 2023 | msn.com

First Mid Bancshares (FMBH) Upgraded to Buy: What Does It Mean for the Stock?

November 22, 2023 | msn.com

First Mid Bancshares (FMBH) Declares $0.23 Dividend

November 17, 2023 | bizjournals.com

Former downtown St. Louis bank headquarters near soccer stadium is up for sale

November 17, 2023 | finance.yahoo.com

First Mid Bancshares, Inc.'s (NASDAQ:FMBH) largest shareholders are retail investors with 49% ownership, institutions own 39%

November 8, 2023 | morningstar.com

First Mid Bancshares Inc FMBH

November 3, 2023 | finance.yahoo.com

Why First Mid Bancshares (FMBH) Might be Well Poised for a Surge

October 26, 2023 | msn.com

First Mid Bancshares (FMBH) Q3 Earnings and Revenues Surpass Estimates

October 26, 2023 | finance.yahoo.com

First Mid Bancshares Inc (FMBH) Announces Q3 2023 Results

October 26, 2023 | finance.yahoo.com

First Mid Bancshares: Q3 Earnings Snapshot

October 26, 2023 | finance.yahoo.com

First Mid Bancshares, Inc. Announces Third Quarter 2023 Results

October 21, 2023 | finance.yahoo.com

Several Insiders Invested In First Mid Bancshares Flagging Positive News

August 15, 2023 | finance.yahoo.com

First Mid Bancshares, Inc. Completes Acquisition of Blackhawk Bancorp, Inc.

August 6, 2023 | finance.yahoo.com

There's A Lot To Like About First Mid Bancshares' (NASDAQ:FMBH) Upcoming US$0.23 Dividend

August 3, 2023 | finance.yahoo.com

First Mid Bancshares (NASDAQ:FMBH) Has Announced A Dividend Of $0.23

July 30, 2023 | finance.yahoo.com

Broker Revenue Forecasts For First Mid Bancshares, Inc. (NASDAQ:FMBH) Are Surging Higher

July 28, 2023 | seekingalpha.com

First Mid Bancshares GAAP EPS of $0.80 beats by $0.05, revenue of $61.85M beats by $18.74M

See More Headlines

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Company Calendar

Last Earnings: 1/25/2024
Ex-Dividend for 3/1 Dividend: 2/15/2024
Dividend Payable: 3/01/2024
Today: 4/19/2024
Next Earnings (Estimated): 4/24/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: State commercial banks
Sub-Industry: N/A
Current Symbol: NASDAQ:FMBH
CUSIP: N/A
CIK: 700565
Web: www.firstmid.com
Phone: (217) 234-7454
Fax: N/A
Employees: 1,219
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $36.50
High Stock Price Target: $38.00
Low Stock Price Target: $34.00
Potential Upside/Downside: +22.2%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.17
Trailing P/E Ratio: 9.42
Forward P/E Ratio: 9.10
P/E Growth: N/A
Net Income: $68.93 million
Net Margins: 17.82%
Pretax Margin: 22.85%
Return on Equity: 10.71%
Return on Assets: 1.06%

Debt

Debt-to-Equity Ratio: 0.36
Current Ratio: 0.91
Quick Ratio: 0.91

Sales & Book Value

Annual Sales: $386.95 million
Price / Sales: 1.84
Cash Flow: $3.90 per share
Price / Cash Flow: 7.66
Book Value: $33.27 per share
Price / Book: 0.90

Miscellaneous

Outstanding Shares: 23,890,000
Free Float: 22,050,000
Market Cap: $713.36 million
Optionable: Optionable
Beta: 0.87

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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. 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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

FMBH Stock Analysis - Frequently Asked Questions

Should I buy or sell First Mid Bancshares stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Mid Bancshares in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street 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 12 month target prices for First Mid Bancshares' shares. Their FMBH share price targets range from $34.00 to $38.00. On average, they anticipate the company's stock price to reach $36.50 in the next year. This suggests a possible upside of 19.2% 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 beginning of the year. Since then, FMBH shares have decreased by 11.6% and is now trading at $30.63.
View the best growth stocks for 2024 here.
Are investors shorting First Mid Bancshares?: First Mid Bancshares saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 201,200 shares, an increase of 5.1% from the March 15th total of 191,500 shares. Based on an average daily volume of 55,800 shares, the days-to-cover ratio is currently 3.6 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 Wednesday, April 24th 2024.
View our FMBH earnings forecast.
How were First Mid Bancshares' earnings last quarter?: First Mid Bancshares, Inc. (NASDAQ:FMBH) announced its earnings results on Thursday, January, 25th. The bank reported $0.94 EPS for the quarter, topping analysts' consensus estimates of $0.83 by $0.11. The bank earned $79.23 million during the quarter, compared to the consensus estimate of $77.10 million. First Mid Bancshares had a trailing twelve-month return on equity of 10.71% and a net margin of 17.82%.

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 Tuesday, January 23rd. Investors of record on Friday, February 16th will be paid a dividend of $0.23 per share on Friday, March 1st. This represents a $0.92 annualized dividend and a yield of 3.00%. The ex-dividend date is Thursday, February 15th.
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 3.14%. The dividend payout ratio is 29.02%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FMBH will have a dividend payout ratio of 27.30% 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).
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 4/19/2024 by MarketBeat.com Staff

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

First Mid Bancshares MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About First Mid Bancshares Stock (NASDAQ:FMBH)

FMBH Stock Price History

FMBH Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

FMBH Stock Analysis - Frequently Asked Questions

Overall MarketRank^™