From what 6 stock analysts predict, the share price for First Mid Bancshares Inc (FMBH) might increase by 11.08% in the next year. This is based on a 12-month average estimation for FMBH. Price targets go from $43 to $50. The majority of stock analysts believe FMBH is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
FMBH is a stock in Financial Services which has been forecasted to be worth $46 as an average. On the higher end, the forecast price is $50 USD by from and on the lower end FMBH is forecasted to be $43 by Terry McEvoy from Stephens & Co..
These are the latest 20 analyst ratings of FMBH.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Timothy Switzer Keefe, Bruyette & Woods | Market Perform | $45 | Maintains | Dec 4, 2024 |
David Konrad DA Davidson | Neutral | $47 | Downgrade | Nov 12, 2024 |
Terry McEvoy Stephens & Co. | Overweight | $43 | Maintains | Nov 1, 2024 |
Nathan Rice Piper Sandler | Overweight | $47 | Maintains | Nov 1, 2024 |
Timothy Switzer Keefe, Bruyette & Woods | Market Perform | $42 | Downgrade | Oct 2, 2024 |
Nathan Rice Piper Sandler | Overweight | $38 | Maintains | Apr 29, 2024 |
Terry McEvoy Stephens & Co. | Overweight | $38 | Maintains | Jan 30, 2024 |
Daniel Tamayo Raymond James | Outperform | $38 | Maintains | Jan 29, 2024 |
Nathan Rice Piper Sandler | Overweight | $36 | Maintains | Aug 16, 2023 |
Daniel Tamayo Raymond James | Outperform | $34 | Maintains | May 1, 2023 |
Daniel Tamayo Raymond James | Outperform | $38 | Maintains | Jan 30, 2023 |
Terry McEvoy Stephens & Co. | Overweight | $42 | Maintains | Oct 28, 2022 |
Daniel Tamayo Raymond James | Outperform | $45 | Upgrade | Jul 7, 2022 |
Stephens & Co. | Overweight | Upgrade | Nov 12, 2020 | |
William Wallace Raymond James | Strong Buy | $33 | Upgrade | Apr 6, 2020 |
DA Davidson | Neutral | Downgrade | Jan 28, 2020 | |
Raymond James | Outperform | $37 | Maintains | Aug 29, 2019 |
Raymond James | Outperform | $42 | Maintains | Oct 30, 2018 |
Raymond James | Outperform | Initiates | Jul 12, 2018 | |
Kevin Reevey DA Davidson | Buy | $45 | Maintains | Jun 19, 2018 |
When did it IPO
1999
Staff Count
1,207
Country
United States
Sector/Industry
Financial Services/Banks - Regional
CEO
Mr. Joseph R. Dively
Market Cap
$990.2M
In 2023, FMBH generated $274.9M in revenue, which was a increase of 7.96% from the previous year. This can be seen as a signal that FMBH's business is growing, and its share price could be worth more 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
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - First Mid Bancshares (FMBH) reported Q3 earnings of $0.83 per share, missing the Zacks estimate of $0.84, but up from $0.77 per share a year earlier.
Why It Matters - First Mid Bancshares missed earnings expectations, which may signal weaker performance and impact investor confidence, despite year-over-year growth. This could affect stock valuation and future forecasts.
Summary - IDR, FFNW, and FMBH were ranked as Zacks Rank #1 (Strong Buy) momentum stocks on September 24, 2024.
Why It Matters - IDR, FFNW, and FMBH being ranked as Strong Buy momentum stocks indicates strong investor confidence, potentially signaling upward price movement and attractive investment opportunities.
Summary - First Mid Bancshares (FMBH) is currently at a 52-week high. Investors are examining the company's fundamentals for potential future gains.
Why It Matters - FMBH hitting a 52-week high indicates strong performance, but assessing fundamentals is crucial for predicting future growth and potential profitability for investors.
Summary - CRNC, UI, BPOP, LYTS, and FMBH are now rated as Zacks Rank #1 (Strong Buy) as of September 19, 2024.
Why It Matters - The addition of CRNC, UI, BPOP, LYTS, and FMBH to the Zacks Rank #1 list indicates strong growth potential, signaling a positive outlook for these stocks and attracting investor interest.
Summary - ARCT, MHO, FMBH, PAM, and ANGO received a Zacks Rank #1 (Strong Buy) designation on September 13, 2024, indicating strong investment potential.
Why It Matters - Zacks Rank #1 (Strong Buy) indicates high potential for stock appreciation, signaling to investors favorable conditions for ARCT, MHO, FMBH, PAM, and ANGO.
Summary - First Mid Bancshares (FMBH) has received a Zacks Rank #1 (Strong Buy) upgrade, indicating positive earnings outlook, which may boost the stock price in the near term.
Why It Matters - FMBH's upgrade to a Zacks Rank #1 signals strong buy interest, suggesting improved earnings potential and likely upward movement in stock price.