First Mid Bancshares Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for FMBH stock have an average target of 39, with a low estimate of 38 and a high estimate of 42. The average target predicts an increase of 0.33% from the current stock price of 38.87.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$38	$39	$38	$42
Change	-2.24%	+0.33%	-2.24%	+8.05%

Analyst Ratings

The average analyst rating for FMBH stock from 4 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	0	0	0	0	0	0
Buy	3	3	3	3	3	3
Hold	0	0	0	0	0	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	3	3	3	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Timothy Switzer Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Buy → Hold Downgrades $42	Buy → Hold	Downgrades	$42	+8.05%	Oct 2, 2024
Nathan Rice Piper Sandler	Piper Sandler	Buy Maintains $39 → $38	Buy	Maintains	$39 → $38	-2.24%	Apr 29, 2024
Terry McEvoy Stephens & Co.	Stephens & Co.	Buy Maintains $40 → $38	Buy	Maintains	$40 → $38	-2.24%	Jan 30, 2024
Daniel Tamayo Raymond James	Raymond James	Buy Maintains $34 → $38	Buy	Maintains	$34 → $38	-2.24%	Jan 29, 2024
Nathan Rice Piper Sandler	Piper Sandler	Buy Maintains $33 → $36	Buy	Maintains	$33 → $36	-7.38%	Aug 16, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

234.85M

Revenue Next Year

244.66M

from 234.85M

4.18%

from 234.85M

EPS This Year

3.45

from 3.15

9.49%

from 3.15

EPS Next Year

3.62

from 3.45

4.90%

from 3.45

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025
Revenue	-	-	-	-	-	234.85M	244.66M
Revenue Growth	26.55%	-2.53%	30.17%	14.29%	7.87%	-	4.18%
EPS	2.87	2.70	2.87	3.60	3.15	3.45	3.62
EPS Growth	13.89%	-5.92%	6.30%	25.44%	-12.50%	9.49%	4.90%
Forward PE	-	-	-	-	-	11.27	10.74
No. Analysts	-	-	-	-	-	9	9

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

Revenue Forecast

Revenue	2024	2025
High	244.3M	256.7M
Avg	234.9M	244.7M
Low	223.9M	231.0M

Revenue Growth

Revenue Growth	2024	2025
High	-	9.3%
Avg	-	4.2%
Low	-	-1.6%

EPS Forecast

EPS	2024	2025
High	3.60	3.80
Avg	3.45	3.62
Low	3.22	3.39

EPS Growth

EPS Growth	2024	2025
High	14.3%	10.2%
Avg	9.5%	4.9%
Low	2.4%	-1.7%

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.