The First Bancshares, Inc. (FBMS)
NYSE: FBMS · IEX Real-Time Price · USD
29.19
+0.13 (0.45%)
At close: Jul 19, 2024, 4:00 PM
50.00
+20.81 (71.29%)
After-hours: Jul 20, 2024, 1:23 PM EDT
The First Bancshares Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for FBMS stock have an average target of 32, with a low estimate of 28 and a high estimate of 34. The average target predicts an increase of 9.63% from the current stock price of 29.19.
Analyst Consensus: Buy
* Price targets were last updated on Jan 26, 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 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 |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy → Hold Downgrades $28 | Buy → Hold | Downgrades | $28 | -4.08% | Jan 26, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $34 | Buy | Reiterates | $34 | +16.48% | Jan 17, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Maintains $32 → $29 | Buy | Maintains | $32 → $29 | -0.65% | Oct 27, 2023 |
| DA Davidson | DA Davidson | Hold → Strong Buy Upgrades $34 | Hold → Strong Buy | Upgrades | $34 | +16.48% | Aug 29, 2023 |
| Stephens & Co. | Stephens & Co. | Buy Maintains $32 → $38 | Buy | Maintains | $32 → $38 | +30.18% | Jul 28, 2023 |
Financial Forecast
Revenue This Year
235.86M
from 281.53M
Decreased by -16.22%
Revenue Next Year
259.54M
from 235.86M
Increased by 10.04%
EPS This Year
2.44
from 2.39
Increased by 2.00%
EPS Next Year
2.70
from 2.44
Increased by 10.74%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 244.7M | 274.0M |
| Avg | 235.9M | 259.5M |
| Low | 223.4M | 240.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -13.1% | 16.1% |
| Avg | -16.2% | 10.0% |
| Low | -20.6% | 1.9% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 2.59 | 2.87 |
| Avg | 2.44 | 2.70 |
| Low | 2.28 | 2.50 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 8.5% | 17.6% |
| Avg | 2.0% | 10.7% |
| Low | -4.5% | 2.5% |
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.