First Bancshares (FBMS) to Release Quarterly Earnings on Wednesday

First Bancshares (NASDAQ:FBMS) is expected to be releasing its earnings data before the market opens on Wednesday, January 22nd. Analysts expect First Bancshares to post earnings of $0.65 per share and revenue of $59,910.00 billion for the quarter.

First Bancshares Price Performance

FBMS stock traded up $0.45 during midday trading on Wednesday, hitting $35.46. The company’s stock had a trading volume of 90,406 shares, compared to its average volume of 125,423. The firm has a market capitalization of $1.11 billion, a price-to-earnings ratio of 16.05 and a beta of 0.94. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.33. First Bancshares has a 12 month low of $22.96 and a 12 month high of $39.08. The company has a 50 day moving average of $35.97 and a two-hundred day moving average of $33.02.

First Bancshares Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Friday, November 8th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, November 8th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.82%. First Bancshares’s dividend payout ratio is 45.25%.

Wall Street Analysts Forecast Growth

FBMS has been the topic of several research analyst reports. StockNews.com began coverage on shares of First Bancshares in a research note on Wednesday, January 8th. They issued a “sell” rating on the stock. Janney Montgomery Scott lowered First Bancshares from a “buy” rating to a “neutral” rating in a research note on Thursday, October 24th. Finally, Keefe, Bruyette & Woods upped their price objective on First Bancshares from $40.00 to $45.00 and gave the stock an “outperform” rating in a report on Wednesday, December 4th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $37.17.

First Bancshares Company Profile

The First Bancshares, Inc operates as the bank holding company for The First Bank that provides general commercial and retail banking services. The company operates through three segments: Commercial/Retail Bank, Mortgage Banking Division, and Holding Company. It offers deposit services, including checking, NOW, and savings accounts; other time deposits, such as daily money market accounts and longer-term certificates of deposit; and individual retirement and health savings accounts.