Ameris Bancorp (ABCB)
NYSE: ABCB · Real-Time Price · USD
68.11
-0.60 (-0.87%)
Nov 20, 2024, 4:00 PM EST - Market closed
Ameris Bancorp Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Ameris Bancorp stock have an average target of 64.33, with a low estimate of 53 and a high estimate of 76. The average target predicts a decrease of -5.55% from the current stock price of 68.11.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Ameris Bancorp stock from 6 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 | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 6 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Hold Maintains $64 → $67 | Hold | Maintains | $64 → $67 | -1.63% | Oct 28, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $73 → $68 | Strong Buy | Maintains | $73 → $68 | -0.16% | Oct 28, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $69 → $73 | Strong Buy | Maintains | $69 → $73 | +7.18% | Sep 20, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $54 → $69 | Strong Buy | Maintains | $54 → $69 | +1.31% | Jul 29, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $61 → $76 | Strong Buy | Maintains | $61 → $76 | +11.58% | Jul 29, 2024 |
Financial Forecast
Revenue This Year
1.14B
Revenue Next Year
1.20B
from 1.14B
Increased by 5.18%
EPS This Year
4.95
from 3.89
Increased by 27.19%
EPS Next Year
5.13
from 4.95
Increased by 3.71%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.2B | 1.3B | 1.4B |
| Avg | 1.1B | 1.2B | 1.3B |
| Low | 1.1B | 1.1B | 1.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 11.1% | 16.4% |
| Avg | - | 5.2% | 8.7% |
| Low | - | -3.2% | 0.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.20 | 5.43 | 6.30 |
| Avg | 4.95 | 5.13 | 5.70 |
| Low | 4.66 | 4.56 | 5.24 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 33.7% | 9.7% | 22.8% |
| Avg | 27.2% | 3.7% | 11.1% |
| Low | 19.7% | -7.9% | 2.2% |
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.