First Mid Bancshares Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for First Mid Bancshares stock have an average target of 45.5, with a low estimate of 43 and a high estimate of 47. The average target predicts an increase of 20.31% from the current stock price of 37.82.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$43	$45.5	$47	$47
Change	+13.70%	+20.31%	+24.27%	+24.27%

* Price targets were last updated on Jan 24, 2025.

Analyst Ratings

The average analyst rating for First Mid Bancshares stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	0	0	0	0	0	0
Buy	3	3	3	3	2	1
Hold	0	1	2	2	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	4	5	5	5	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Terry McEvoy Stephens & Co.	Stephens & Co.	Hold Reiterates $43	Hold	Reiterates	$43	+13.70%	Jan 24, 2025
Timothy Switzer Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $42 → $45	Hold	Maintains	$42 → $45	+18.98%	Dec 4, 2024
David Konrad DA Davidson	DA Davidson	Strong Buy → Hold Downgrades $44 → $47	Strong Buy → Hold	Downgrades	$44 → $47	+24.27%	Nov 12, 2024
Terry McEvoy Stephens & Co.	Stephens & Co.	Buy Maintains $40 → $43	Buy	Maintains	$40 → $43	+13.70%	Nov 1, 2024
Nathan Rice Piper Sandler	Piper Sandler	Buy Maintains $46 → $47	Buy	Maintains	$46 → $47	+24.27%	Nov 1, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

245.15M

Revenue Next Year

256.26M

from 245.15M

4.53%

from 245.15M

EPS This Year

3.69

from 3.30

11.73%

from 3.30

EPS Next Year

3.87

from 3.69

5.05%

from 3.69

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	-	-	-	245.15M	256.26M
Revenue Growth	-2.53%	30.17%	14.29%	7.87%	16.50%	-	4.53%
EPS	2.70	2.87	3.60	3.15	3.30	3.69	3.87
EPS Growth	-5.92%	6.30%	25.44%	-12.50%	4.76%	11.73%	5.05%
Forward PE	-	-	-	-	-	10.26	9.76
No. Analysts	-	-	-	-	-	9	9

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026
High	257.2M	271.0M
Avg	245.2M	256.3M
Low	230.3M	240.1M

Revenue Growth

Revenue Growth	2025	2026
High	-	10.5%
Avg	-	4.5%
Low	-	-2.1%

EPS Forecast

EPS	2025	2026
High	3.95	4.12
Avg	3.69	3.87
Low	3.38	3.53

EPS Growth

EPS Growth	2025	2026
High	19.6%	11.6%
Avg	11.7%	5.1%
Low	2.5%	-4.3%

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.