Research Analysts’ Recent Ratings Updates for First Bancshares (FBMS)

First Bancshares (NASDAQ: FBMS) has recently received a number of price target changes and ratings updates:

  • 2/10/2018 – First Bancshares was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 2/2/2018 – First Bancshares was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 1/30/2018 – First Bancshares had its “buy” rating reaffirmed by analysts at Stephens. They now have a $37.00 price target on the stock.
  • 1/24/2018 – First Bancshares was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 1/12/2018 – First Bancshares was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $38.00 price target on the stock. According to Zacks, “The FIRST BANCSHARES, INC., headquartered in Hattiesburg, Mississippi, is the parent company of The First, A National Banking Association. The First is now ranked in the top twenty banks by asset size in Mississippi. The First has operations in Hattiesburg, Laurel, Purvis, Picayune, Pascagoula, Bay St. Louis, Wiggins and Gulfport, Mississippi. The Company and its subsidiary bank engage in a general commercial and retail banking business characterized by personalized service and local decision-making, emphasizing the banking needs of small to medium-sized businesses, professional concerns and individuals. The products and services offered by the bank include deposit services, loan products, mortgage loan divisions and other services. “
  • 1/5/2018 – First Bancshares was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 12/31/2017 – First Bancshares was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 12/29/2017 – First Bancshares was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “The FIRST BANCSHARES, INC., headquartered in Hattiesburg, Mississippi, is the parent company of The First, A National Banking Association. The First is now ranked in the top twenty banks by asset size in Mississippi. The First has operations in Hattiesburg, Laurel, Purvis, Picayune, Pascagoula, Bay St. Louis, Wiggins and Gulfport, Mississippi. The Company and its subsidiary bank engage in a general commercial and retail banking business characterized by personalized service and local decision-making, emphasizing the banking needs of small to medium-sized businesses, professional concerns and individuals. The products and services offered by the bank include deposit services, loan products, mortgage loan divisions and other services. “
  • 12/22/2017 – First Bancshares had its “buy” rating reaffirmed by analysts at Keefe, Bruyette & Woods. They now have a $39.00 price target on the stock.

First Bancshares Inc (NASDAQ FBMS) traded up $0.30 during trading on Wednesday, reaching $31.70. The company’s stock had a trading volume of 24,831 shares, compared to its average volume of 20,220. First Bancshares Inc has a 1-year low of $26.05 and a 1-year high of $35.10. The stock has a market cap of $351.73, a price-to-earnings ratio of 28.30 and a beta of -0.43. The company has a current ratio of 0.86, a quick ratio of 0.85 and a debt-to-equity ratio of 0.63.

First Bancshares (NASDAQ:FBMS) last announced its earnings results on Friday, January 26th. The bank reported $0.45 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.45. First Bancshares had a return on equity of 10.36% and a net margin of 13.20%. The firm had revenue of $18.78 million for the quarter, compared to analyst estimates of $19.55 million. sell-side analysts forecast that First Bancshares Inc will post 2.3 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 22nd. Stockholders of record on Monday, February 5th will be given a dividend of $0.05 per share. This is a positive change from First Bancshares’s previous quarterly dividend of $0.04. The ex-dividend date is Friday, February 2nd. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.63%. First Bancshares’s dividend payout ratio (DPR) is 17.86%.

The First Bancshares, Inc is a bank holding company for The First, A National Banking Association (the Bank). The Company and the Bank engage in a general commercial and retail banking business for small to medium-sized businesses, professional concerns and individuals. The Bank provides a range of banking services in its primary market area of South Mississippi, South Alabama and Louisiana.

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