NASDAQ:FMBH

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

$32.85
-0.14 (-0.42%)
(As of 05/10/2024 ET)
Today's Range
$32.61
$33.01
50-Day Range
$29.28
$32.99
52-Week Range
$21.77
$35.83
Volume
36,692 shs
Average Volume
46,158 shs
Market Capitalization
$785.12 million
P/E Ratio
10.60
Dividend Yield
2.80%
Price Target
$37.00

First Mid Bancshares MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
12.6% Upside
$37.00 Price Target
Short Interest
Bearish
0.86% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.04mentions of First Mid Bancshares in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
1.85%
From $3.24 to $3.30 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.

2.42 out of 5 stars

Finance Sector

566th out of 876 stocks

State Commercial Banks Industry

140th out of 178 stocks

FMBH stock logo

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

FMBH Stock News Headlines

Shocking $16T Elon Musk Crypto Leak
Reports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.
First Mid Bancshares: Q1 Earnings Snapshot
Shocking $16T Elon Musk Crypto Leak
Reports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.
First Mid Bancshares, Inc.
First Mid Illinois Bancshares Inc (FMBH)
KBW Reaffirms Their Buy Rating on First Mid-Illinois Bancshares (FMBH)
First Mid Bancshares Inc FMBH
First Mid Bancshares Inc (FMBH) Announces Q3 2023 Results
See More Headlines
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Company Calendar

Last Earnings
10/27/2021
Ex-Dividend for 3/1 Dividend
2/15/2024
Dividend Payable
3/01/2024
Today
5/11/2024
Ex-Dividend for 5/31 Dividend
5/14/2024
Dividend Payable
5/31/2024
Next Earnings (Estimated)
7/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
N/A
Current Symbol
NASDAQ:FMBH
Fax
N/A
Employees
1,219
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$37.00
High Stock Price Target
$38.00
Low Stock Price Target
$34.00
Potential Upside/Downside
+12.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$68.93 million
Pretax Margin
21.90%

Debt

Sales & Book Value

Annual Sales
$386.95 million
Cash Flow
$3.81 per share
Book Value
$33.39 per share

Miscellaneous

Free Float
22,056,000
Market Cap
$785.12 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. GatonsMs. 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

FMBH Stock Analysis - Frequently Asked Questions

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

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for First Mid Bancshares in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research 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 Wall Street research analysts have issued 12 month target prices for First Mid Bancshares' stock. Their FMBH share price targets range from $34.00 to $38.00. On average, they expect the company's share price to reach $37.00 in the next year. This suggests a possible upside of 12.6% 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 2024. Since then, FMBH stock has decreased by 5.2% and is now trading at $32.85.
View the best growth stocks for 2024 here
.

When is First Mid Bancshares' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
View our FMBH earnings forecast
.

How were First Mid Bancshares' earnings last quarter?

First Mid Bancshares, Inc. (NASDAQ:FMBH) released its quarterly earnings results on Wednesday, October, 27th. The bank reported $1.08 EPS for the quarter, topping analysts' consensus estimates of $0.91 by $0.17. The bank had revenue of $61.86 million for the quarter, compared to the consensus estimate of $61.80 million. First Mid Bancshares had a net margin of 17.01% and a trailing twelve-month return on equity of 10.56%.

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

First Mid Bancshares announced a quarterly dividend on Wednesday, April 24th. Stockholders of record on Wednesday, May 15th will be given a dividend of $0.23 per share on Friday, May 31st. This represents a $0.92 annualized dividend and a yield of 2.80%. The ex-dividend date is Tuesday, May 14th.
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 2.79%. The dividend payout ratio is 29.68%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FMBH will have a dividend payout ratio of 27.88% 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).

Who are First Mid Bancshares' major shareholders?

First Mid Bancshares' stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (5.41%), Russell Investments Group Ltd. (0.28%), Empowered Funds LLC (0.22%), BNP Paribas Financial Markets (0.05%) and SG Americas Securities LLC (0.04%). Insiders that own company stock include Bradley L Beesley, Clay M Dean, James Kyle Mccurry, Rhonda G Gatons and Todd J James.
View institutional ownership trends
.

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 5/11/2024 by MarketBeat.com Staff

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