The First Bancshares Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for FBMS stock have an average target of 37, with a low estimate of 34 and a high estimate of 40. The average target predicts a decrease of -1.73% from the current stock price of 37.65.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$34	$37	$40	$40
Change	-9.69%	-1.73%	+6.24%	+6.24%

* Price targets were last updated on Aug 2, 2024.

Analyst Ratings

The average analyst rating for FBMS stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	1	1	1	1	0	0
Buy	1	1	2	2	2	2
Hold	1	1	0	0	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	3	3	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Christopher Marinac Janney Montgomery Scott	Janney Montgomery Scott	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Oct 24, 2024
Catherine Mealor Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold → Buy Upgrades $31 → $40	Hold → Buy	Upgrades	$31 → $40	+6.24%	Aug 2, 2024
Catherine Mealor Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $28 → $31	Hold	Maintains	$28 → $31	-17.66%	Jul 26, 2024
Catherine Mealor Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Buy → Hold Downgrades $28	Buy → Hold	Downgrades	$28	-25.63%	Jan 26, 2024
Matt Olney Stephens & Co.	Stephens & Co.	Buy Reiterates $34	Buy	Reiterates	$34	-9.69%	Jan 17, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

238.04M

Revenue Next Year

259.86M

from 238.04M

9.17%

from 238.04M

EPS This Year

2.57

from 2.39

7.55%

from 2.39

EPS Next Year

2.82

from 2.57

9.52%

from 2.57

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	-	-	-	238.04M	259.86M	271.42M
Revenue Growth	40.34%	11.42%	20.28%	6.65%	35.83%	-	9.17%	4.45%
EPS	2.55	2.52	3.03	2.84	2.39	2.57	2.82	3.06
EPS Growth	57.41%	-1.18%	20.24%	-6.27%	-15.85%	7.55%	9.52%	8.70%
Forward PE	-	-	-	-	-	14.65	13.37	12.30
No. Analysts	-	-	-	-	-	5	5	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	247.2M	274.7M	279.4M
Avg	238.0M	259.9M	271.4M
Low	225.7M	244.9M	260.8M

Revenue Growth

Revenue Growth	2024	2025	2026
High	-	15.4%	7.5%
Avg	-	9.2%	4.4%
Low	-	2.9%	0.4%

EPS Forecast

EPS	2024	2025	2026
High	2.67	2.96	3.15
Avg	2.57	2.82	3.06
Low	2.45	2.65	2.94

EPS Growth

EPS Growth	2024	2025	2026
High	11.6%	15.2%	11.9%
Avg	7.5%	9.5%	8.7%
Low	2.5%	2.9%	4.4%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.