The First Bancshares, Inc. (FBMS)
NYSE: FBMS · Real-Time Price · USD
33.22
-0.57 (-1.69%)
Oct 24, 2024, 4:00 PM EDT - Market closed
The First Bancshares Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for FBMS stock have an average target of 37, with a low estimate of 34 and a high estimate of 40. The average target predicts an increase of 11.38% from the current stock price of 33.22.
Analyst Consensus: Buy
* Price targets were last updated on Aug 2, 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 0 | 0 | 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 |
|---|---|---|---|---|---|---|---|
| Janney Montgomery Scott | Janney Montgomery Scott | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Oct 24, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold → Buy Upgrades $31 → $40 | Hold → Buy | Upgrades | $31 → $40 | +20.41% | Aug 2, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $28 → $31 | Hold | Maintains | $28 → $31 | -6.68% | Jul 26, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy → Hold Downgrades $28 | Buy → Hold | Downgrades | $28 | -15.71% | Jan 26, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $34 | Buy | Reiterates | $34 | +2.35% | Jan 17, 2024 |
Financial Forecast
Revenue This Year
238.55M
Revenue Next Year
259.90M
from 238.55M
Increased by 8.95%
EPS This Year
2.58
from 2.39
Increased by 7.76%
EPS Next Year
2.77
from 2.58
Increased by 7.52%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 247.7M | 274.7M | 262.9M |
| Avg | 238.6M | 259.9M | 255.4M |
| Low | 225.7M | 244.9M | 245.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 15.1% | 1.2% |
| Avg | - | 8.9% | -1.7% |
| Low | - | 2.7% | -5.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.67 | 2.87 | 2.99 |
| Avg | 2.58 | 2.77 | 2.91 |
| Low | 2.46 | 2.65 | 2.79 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 11.6% | 11.3% | 8.1% |
| Avg | 7.8% | 7.5% | 5.0% |
| Low | 2.9% | 2.7% | 0.9% |
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.