First Guaranty Bancshares, Inc. (FGBI) to Release Quarterly Earnings on Monday
Shares of First Guaranty Bancshares, Inc. (FGBI) traded down 1.45% during mid-day trading on Monday, reaching $26.50. The company’s stock had a trading volume of 421 shares. The company has a 50 day moving average of $27.16 and a 200-day moving average of $26.35. The firm has a market capitalization of $212.19 million, a P/E ratio of 15.88 and a beta of 0.67. First Guaranty Bancshares, Inc. has a 12 month low of $15.72 and a 12 month high of $29.35.
The firm also recently announced a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Monday, September 18th were issued a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 2.38%. The ex-dividend date of this dividend was Friday, September 15th.
Separately, Sandler O’Neill set a $29.00 target price on First Guaranty Bancshares and gave the stock a “hold” rating in a report on Wednesday, August 30th.
An institutional investor recently bought a new position in First Guaranty Bancshares stock. California State Teachers Retirement System acquired a new position in shares of First Guaranty Bancshares, Inc. (NASDAQ:FGBI) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 6,900 shares of the bank’s stock, valued at approximately $188,000. California State Teachers Retirement System owned approximately 0.09% of First Guaranty Bancshares as of its most recent filing with the Securities and Exchange Commission. 9.42% of the stock is owned by institutional investors and hedge funds.
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First Guaranty Bancshares Company Profile
First Guaranty Bancshares, Inc is a bank holding company. The Company operates through its owned subsidiary, First Guaranty Bank (the Bank). The Bank offers personalized commercial banking services to Louisiana customers, through approximately 20 banking facilities located in the Market Services Areas (MSAs).
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