First Bancshares (FBMS) to Release Quarterly Earnings on Wednesday

First Bancshares (NASDAQ:FBMS) is projected to post its quarterly earnings results 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 Stock Performance

Shares of NASDAQ FBMS opened at $35.65 on Tuesday. First Bancshares has a 12-month low of $22.96 and a 12-month high of $39.08. The firm has a market capitalization of $1.11 billion, a price-to-earnings ratio of 16.13 and a beta of 0.94. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.33. The firm has a 50 day moving average of $35.84 and a 200 day moving average of $33.30.

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 issued a $0.25 dividend. The ex-dividend date was Friday, November 8th. This represents a $1.00 dividend on an annualized basis and a yield of 2.81%. First Bancshares’s dividend payout ratio is currently 45.25%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on FBMS. Keefe, Bruyette & Woods raised their price objective on First Bancshares from $40.00 to $45.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 4th. Janney Montgomery Scott lowered shares of First Bancshares from a “buy” rating to a “neutral” rating in a research report on Thursday, October 24th. Finally, StockNews.com began coverage on shares of First Bancshares in a research report on Thursday, January 16th. They set a “sell” rating on the stock. One analyst has rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, First Bancshares has an average rating of “Hold” and an average target price of $38.75.

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.