First Bancshares Inc (NASDAQ:FBMS) has been assigned a consensus broker rating score of 1.00 (Strong Buy) from the two brokers that cover the company, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy recommendation.

Analysts have set a 12 month consensus price target of $43.50 for the company and are anticipating that the company will post $0.63 EPS for the current quarter, according to Zacks. Zacks has also given First Bancshares an industry rank of 173 out of 257 based on the ratings given to related companies.

A number of brokerages have recently issued reports on FBMS. Stephens set a $39.00 price objective on First Bancshares and gave the stock a “buy” rating in a report on Wednesday. BidaskClub upgraded First Bancshares from a “strong sell” rating to a “sell” rating in a report on Saturday, November 3rd. Zacks Investment Research upgraded First Bancshares from a “hold” rating to a “buy” rating and set a $39.00 price objective for the company in a report on Wednesday, October 31st. Finally, ValuEngine cut First Bancshares from a “buy” rating to a “hold” rating in a report on Wednesday, October 24th.

NASDAQ FBMS traded down $0.38 during trading on Friday, reaching $35.99. 15,583 shares of the company’s stock were exchanged, compared to its average volume of 30,921. The company has a market cap of $470.77 million, a PE ratio of 20.45 and a beta of -0.04. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 0.30. First Bancshares has a fifty-two week low of $29.75 and a fifty-two week high of $43.53.

First Bancshares (NASDAQ:FBMS) last issued its quarterly earnings data on Tuesday, October 23rd. The bank reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.01. First Bancshares had a return on equity of 10.34% and a net margin of 16.09%. The company had revenue of $26.74 million during the quarter, compared to analysts’ expectations of $26.48 million. As a group, research analysts anticipate that First Bancshares will post 2.26 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 23rd. Stockholders of record on Wednesday, November 7th will be issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.56%. The ex-dividend date of this dividend is Tuesday, November 6th. First Bancshares’s dividend payout ratio is presently 11.36%.

Several large investors have recently modified their holdings of FBMS. Barclays PLC boosted its holdings in shares of First Bancshares by 91.2% during the first quarter. Barclays PLC now owns 3,421 shares of the bank’s stock worth $111,000 after acquiring an additional 1,632 shares during the period. IFP Advisors Inc bought a new stake in shares of First Bancshares in the third quarter valued at approximately $114,000. Voya Investment Management LLC bought a new stake in shares of First Bancshares in the second quarter valued at approximately $202,000. Hartford Investment Management Co. bought a new stake in shares of First Bancshares in the second quarter valued at approximately $204,000. Finally, Harbor Advisors LLC bought a new stake in shares of First Bancshares in the second quarter valued at approximately $204,000. Institutional investors own 66.42% of the company’s stock.

First Bancshares Company Profile

The First Bancshares, Inc operates as the holding company for The First, A National Banking Association 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 accounts.

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