Ameris Bancorp (ABCB)
NASDAQ: ABCB · IEX Real-Time Price · USD
47.88
+0.37 (0.78%)
At close: Apr 26, 2024, 4:00 PM
46.94
-0.94 (-1.96%)
After-hours: Apr 26, 2024, 5:07 PM EDT
Ameris Bancorp Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Ameris Bancorp stock have an average target of 50.2, with a low estimate of 44 and a high estimate of 54. The average target predicts an increase of 4.85% from the current stock price of 47.88.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Ameris Bancorp stock from 5 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 2 | 2 | 2 | 2 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 2 | 2 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Hold Reiterates $53 | Hold | Reiterates | $53 | +10.69% | Apr 26, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $60 → $54 | Strong Buy | Maintains | $60 → $54 | +12.78% | Apr 1, 2024 |
| Stephens & Co. | Stephens & Co. | Hold Reiterates $53 | Hold | Reiterates | $53 | +10.69% | Jan 30, 2024 |
| DA Davidson | DA Davidson | Hold → Strong Buy Upgrades $44 | Hold → Strong Buy | Upgrades | $44 | -8.10% | Oct 10, 2023 |
| Truist Securities | Truist Securities | Strong Buy Maintains $48 → $44 | Strong Buy | Maintains | $48 → $44 | -8.10% | Sep 27, 2023 |
Financial Forecast
Revenue This Year
1.10B
from 935.22M
Increased by 17.62%
Revenue Next Year
1.17B
from 1.10B
Increased by 6.45%
EPS This Year
4.54
from 3.89
Increased by 16.82%
EPS Next Year
4.96
from 4.54
Increased by 9.20%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 1.1B | 1.2B |
| Avg | 1.1B | 1.2B |
| Low | 1.0B | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 22.5% | 11.9% |
| Avg | 17.6% | 6.5% |
| Low | 11.5% | -0.3% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 4.88 | 5.25 |
| Avg | 4.54 | 4.96 |
| Low | 4.26 | 4.61 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 25.5% | 15.5% |
| Avg | 16.8% | 9.2% |
| Low | 9.5% | 1.4% |
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.