The First Bancshares, Inc. (FBMS)
NASDAQ: FBMS · IEX Real-Time Price · USD
25.20
+0.59 (2.40%)
Apr 23, 2024, 3:54 PM EDT - Market open
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 26.98% from the current stock price of 25.20.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 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 | +11.11% | Jan 26, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $34 | Buy | Reiterates | $34 | +34.92% | Jan 17, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Maintains $32 → $29 | Buy | Maintains | $32 → $29 | +15.08% | Oct 27, 2023 |
| DA Davidson | DA Davidson | Hold → Strong Buy Upgrades $34 | Hold → Strong Buy | Upgrades | $34 | +34.92% | Aug 29, 2023 |
| Stephens & Co. | Stephens & Co. | Buy Maintains $32 → $38 | Buy | Maintains | $32 → $38 | +50.79% | Jul 28, 2023 |
Financial Forecast
Revenue This Year
253.35M
from 281.53M
Decreased by -10.01%
Revenue Next Year
272.48M
from 253.35M
Increased by 7.55%
EPS This Year
2.52
from 2.39
Increased by 5.52%
EPS Next Year
2.74
from 2.52
Increased by 8.70%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 301.6M | 334.6M |
| Avg | 253.4M | 272.5M |
| Low | 228.5M | 237.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 7.1% | 32.1% |
| Avg | -10.0% | 7.6% |
| Low | -18.8% | -6.1% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 2.66 | 2.89 |
| Avg | 2.52 | 2.74 |
| Low | 2.35 | 2.57 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 11.2% | 14.5% |
| Avg | 5.5% | 8.7% |
| Low | -1.6% | 1.8% |
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.