The First Bancshares, Inc. (FBMS)
NYSE: FBMS · IEX Real-Time Price · USD
27.63
+0.07 (0.25%)
Jul 12, 2024, 4:00 PM EDT - Market closed

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 15.82% from the current stock price of 27.63.

Analyst Consensus: Buy
Target Low Average Median High
Price $28 $32 $34 $34
Change +1.34% +15.82% +23.05% +23.05%
* 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 '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 111111
Buy 111111
Hold 111111
Sell 000000
Strong Sell 000000
Total 333333

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Downgrades
$28
Hold Downgrades $28 +1.34% Jan 26, 2024
Stephens & Co.
Stephens & Co.
Buy
Reiterates
$34
Buy Reiterates $34 +23.05% Jan 17, 2024
Stephens & Co.
Stephens & Co.
Buy
Maintains
$32$29
Buy Maintains $32$29 +4.96% Oct 27, 2023
DA Davidson
DA Davidson
Strong Buy
Upgrades
$34
Strong Buy Upgrades $34 +23.05% Aug 29, 2023
Stephens & Co.
Stephens & Co.
Buy
Maintains
$32$38
Buy Maintains $32$38 +37.53% Jul 28, 2023
More Analyst Ratings

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%
Year 2019202020212022202320242025
Revenue
145.02M169.41M195.64M209.17M281.53M235.86M259.54M
Revenue Growth
40.34%16.82%15.48%6.92%34.59%-16.22%10.04%
EPS
2.552.523.032.842.392.442.70
EPS Growth
57.41%-1.18%20.24%-6.27%-15.85%2.00%10.74%
Forward PE
-----11.3310.23
No. Analysts -----66
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 244.7M 274.0M
Avg 235.9M 259.5M
Low 223.4M 240.3M

Revenue Growth

Revenue Growth 20242025
High
-13.1%
16.1%
Avg
-16.2%
10.0%
Low
-20.6%
1.9%

EPS Forecast

EPS 20242025
High 2.59 2.87
Avg 2.44 2.70
Low 2.28 2.50

EPS Growth

EPS Growth 20242025
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.