Ameris Bancorp (ABCB)
NASDAQ: ABCB · IEX Real-Time Price · USD
50.61
+0.28 (0.56%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Ameris Bancorp Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Ameris Bancorp stock have an average target of 52, with a low estimate of 44 and a high estimate of 57. The average target predicts an increase of 2.75% from the current stock price of 50.61.
Analyst Consensus: Strong Buy
* Price targets were last updated on Apr 29, 2024.
Analyst Ratings
The average analyst rating for Ameris Bancorp stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $55 → $57 | Buy | Maintains | $55 → $57 | +12.63% | Apr 29, 2024 |
| Stephens & Co. | Stephens & Co. | Hold Reiterates $53 | Hold | Reiterates | $53 | +4.72% | Apr 26, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $60 → $54 | Strong Buy | Maintains | $60 → $54 | +6.70% | Apr 1, 2024 |
| Stephens & Co. | Stephens & Co. | Hold Reiterates $53 | Hold | Reiterates | $53 | +4.72% | Jan 30, 2024 |
| DA Davidson | DA Davidson | Hold → Strong Buy Upgrades $44 | Hold → Strong Buy | Upgrades | $44 | -13.06% | Oct 10, 2023 |
Financial Forecast
Revenue This Year
1.12B
from 935.22M
Increased by 19.54%
Revenue Next Year
1.18B
from 1.12B
Increased by 5.90%
EPS This Year
4.67
from 3.89
Increased by 20.09%
EPS Next Year
4.99
from 4.67
Increased by 6.73%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 1.2B | 1.2B |
| Avg | 1.1B | 1.2B |
| Low | 1.1B | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 24.9% | 10.8% |
| Avg | 19.5% | 5.9% |
| Low | 13.4% | -0.8% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 4.99 | 5.35 |
| Avg | 4.67 | 4.99 |
| Low | 4.39 | 4.62 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 28.2% | 14.6% |
| Avg | 20.1% | 6.7% |
| Low | 12.9% | -1.2% |
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.