Ameris Bancorp

Ameris Bancorp Stock Forecast & Price Prediction

Live Ameris Bancorp Stock (ABCB) Price
$61.71

6

Ratings

  • Buy 2
  • Hold 4
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$61.71

P/E Ratio

13.71

Volume Traded Today

$213,800

Dividend

$0.15

52 Week High/low

65.40/34.26

Ameris Bancorp Market Cap

$4.26B

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ABCB Summary

The Ameris Bancorp (ABCB) share price is expected to increase by 12.79% over the next year. This is based on calculating the average 12-month share price estimate provided by 6 stock analysts who have covered ABCB. Price targets range from $64 at the low end to $76 at the high end. The current analyst consensus for ABCB is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

ABCB Analyst Ratings

About 6 Wall Street analysts have assignedABCB 2 buy ratings, 4 hold ratings, and 0 sell ratings. This means that analysts expect Ameris Bancorp to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on ABCB. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

ABCB stock forecast by analyst

These are the latest 20 analyst ratings of ABCB.

Analyst/Firm

Rating

Price Target

Change

Date

Brandon King
Truist Securities

Buy

$73

Maintains

Sep 20, 2024
Tyler Stafford
Stephens & Co.

Equal-Weight

$64

Maintains

Jul 29, 2024
Kevin Fitzsimmons
DA Davidson

Buy

$76

Maintains

Jul 29, 2024
Catherine Mealor
Keefe, Bruyette & Woods

Outperform

$65

Maintains

Jul 29, 2024
Brandon King
Truist Securities

Buy

$69

Maintains

Jul 29, 2024
Casey Orr Whitman
Piper Sandler

Overweight

$57

Maintains

Apr 29, 2024
Russell Gunther
Stephens & Co.

Equal-Weight

$53

Reiterates

Apr 26, 2024
Brandon King
Truist Securities

Buy

$54

Maintains

Apr 1, 2024
Russell Gunther
Stephens & Co.

Equal-Weight

$53

Reiterates

Jan 30, 2024
Kevin Fitzsimmons
DA Davidson

Buy

$44

Upgrade

Oct 10, 2023
Brandon King
Truist Securities

Buy

$44

Maintains

Sep 27, 2023
Brandon King
Truist Securities

Buy

$48

Maintains

Jul 31, 2023
Casey Orr Whitman
Piper Sandler

Overweight

$50

Maintains

Jul 31, 2023
Casey Orr Whitman
Piper Sandler

Overweight

$46

Maintains

May 1, 2023
Brandon King
Truist Securities

Buy

$38

Maintains

May 1, 2023
Brady Gailey
Keefe, Bruyette & Woods

Outperform

$50

Maintains

May 1, 2023
Russell Gunther
Stephens & Co.

Equal-Weight

$41

Initiates

Apr 4, 2023
Brandon King
Truist Securities

Buy

$43

Maintains

Mar 23, 2023
Brandon King
Truist Securities

Buy

$52

Maintains

Feb 1, 2023
Brady Gailey
Keefe, Bruyette & Woods

Outperform

$60

Maintains

Jan 31, 2023

ABCB Company Information

What They Do: Provides a range of banking services.

Business Model: Ameris Bancorp operates as a bank holding company, generating revenue through various banking services offered to retail and commercial customers. The company earns income from interest on loans, fees from banking services, and mortgage originations, utilizing its multiple divisions to cater to different financial needs.

Other Information: Founded in 1971 and headquartered in Atlanta, Georgia, Ameris Bancorp has a diverse portfolio that includes commercial and retail banking, mortgage lending, and specialized financial services across several segments. Its extensive network of full-service banking offices and loan production offices supports its growth and customer reach.
ABCB
Ameris Bancorp (ABCB)

When did it IPO

1994

Staff Count

2,751

Country

United States

Sector/Industry

Financial Services/Banks - Regional

CEO

Mr. H. Palmer Proctor Jr.

Market Cap

$4.26B

Ameris Bancorp (ABCB) Financial Data

In 2023, ABCB generated $1.04B in revenue, which was a decrease of -0.58% from the previous year. This can be seen as a signal that ABCB's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$1.06B

Revenue From 2021

$990.9M

-6.37 %
From Previous Year

Revenue From 2022

$1.05B

5.83 %
From Previous Year

Revenue From 2023

$1.04B

-0.58 %
From Previous Year
  • Revenue TTM $1.02B
  • Operating Margin TTM 46.4%
  • Gross profit TTM $0
  • Return on assets TTM 1.2%
  • Return on equity TTM 9.1%
  • Profit Margin 30.6%
  • Book Value Per Share 51.83%
  • Market capitalisation $4.26B
  • Revenue for 2021 $990.9M
  • Revenue for 2022 $1.05B
  • Revenue for 2023 $1.04B
  • EPS this year (TTM) $4.50

Ameris Bancorp (ABCB) Latest News

News Image

Fri, 04 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Ameris Bancorp (ABCB) has a strong earnings surprise track record and favorable indicators suggesting a possible positive earnings report in the upcoming quarter.

Why It Matters - Ameris Bancorp's strong earnings surprise history and favorable conditions suggest potential positive performance in the upcoming quarterly report, which could boost investor confidence and stock value.

News Image

Tue, 01 Oct 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Ameris Bancorp (NYSE: ABCB) will release its Q3 2024 financial results on October 24, 2024, after market close.

Why It Matters - The upcoming financial results release on October 24, 2024, will provide insights into Ameris Bancorp's performance, influencing stock valuation and investor decisions.

News Image

Thu, 19 Sep 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Ameris Bancorp (NYSE: ABCB) declared a dividend of $0.15 per share, payable on October 7, 2024, to shareholders recorded by September 30, 2024.

Why It Matters - The dividend declaration signals financial health and commitment to returning value to shareholders, potentially boosting investor confidence and stock demand.

News Image

Fri, 20 Sep 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Ameris Bancorp (ABCB) and Palomar (PLMR) have shown performance metrics relative to their sector in 2023. Further details on their specific performance are not provided.

Why It Matters - Performance comparisons indicate how well Ameris Bancorp and Palomar are managing relative to industry trends, affecting investor sentiment and potential stock valuation decisions.

News Image

Mon, 16 Sep 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Ameris Bancorp (ABCB) is being evaluated for its potential as a top stock pick for momentum investors. Further analysis is needed to determine its suitability.

Why It Matters - Momentum investors look for stocks with strong upward trends. Evaluating Ameris Bancorp's potential can influence market sentiment and trading strategies, impacting stock price and investment decisions.

News Image

Fri, 13 Sep 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Ameris Bank's Jorge Perez has been named in the 2025 HITEC 100, recognizing him as a leading Hispanic professional in technology.

Why It Matters - Recognition of Ameris Bank's security officer enhances the bank's reputation in tech leadership, potentially boosting investor confidence and indicating strong governance in cybersecurity.

...

ABCB Frequently asked questions

The highest forecasted price for ABCB is $76 from Kevin Fitzsimmons at DA Davidson.

The lowest forecasted price for ABCB is $64 from Tyler Stafford from Stephens & Co.

The ABCB analyst ratings consensus are 2 buy ratings, 4 hold ratings, and 0 sell ratings.