First Mid Bancshares Inc

First Mid Bancshares Inc Stock Forecast & Price Prediction

Live First Mid Bancshares Inc Stock (FMBH) Price
$41.41

6

Ratings

  • Buy 3
  • Hold 3
  • 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

$41.41

P/E Ratio

12.78

Volume Traded Today

$77,631

Dividend

$0.24

52 Week High/low

43.52/28.86

First Mid Bancshares Inc Market Cap

$990.2M

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FMBH Summary

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 Analyst Ratings

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..

FMBH stock forecast by analyst

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

FMBH Company Information

What They Do: Provides community banking products and services.

Business Model: The company operates as a financial holding entity, generating revenue primarily through various banking products such as deposits and loans. It offers a range of services including commercial and residential loans, wealth management, and insurance products, catering to both individual and business clients.

Other Information: Founded in 1865 and headquartered in Mattoon, Illinois, the company was formerly known as First Mid-Illinois Bancshares, Inc. It serves a diverse clientele, including commercial, retail, and agricultural sectors across the United States.
FMBH
First Mid Bancshares Inc (FMBH)

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

First Mid Bancshares Inc (FMBH) Financial Data

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

$184.6M

Revenue From 2021

$234.4M

26.95 %
From Previous Year

Revenue From 2022

$254.7M

8.64 %
From Previous Year

Revenue From 2023

$274.9M

7.96 %
From Previous Year
  • Revenue TTM $316.4M
  • Operating Margin TTM 37.5%
  • Gross profit TTM $0
  • Return on assets TTM 1.0%
  • Return on equity TTM 9.7%
  • Profit Margin 24.6%
  • Book Value Per Share 35.91%
  • Market capitalisation $990.2M
  • Revenue for 2021 $234.4M
  • Revenue for 2022 $254.7M
  • Revenue for 2023 $274.9M
  • EPS this year (TTM) $3.24

First Mid Bancshares Inc (FMBH) Latest News

News Image

Thu, 31 Oct 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

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.

News Image

Tue, 24 Sep 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Wed, 18 Sep 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Thu, 19 Sep 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Fri, 13 Sep 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Wed, 21 Aug 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

...

FMBH Frequently asked questions

The highest forecasted price for FMBH is $50 from at .

The lowest forecasted price for FMBH is $43 from Terry McEvoy from Stephens & Co.

The FMBH analyst ratings consensus are 3 buy ratings, 3 hold ratings, and 0 sell ratings.