Research Analysts Issue Forecasts for FMBH Q1 Earnings

First Mid Bancshares, Inc. (NASDAQ:FMBH) – Stock analysts at DA Davidson issued their Q1 2025 earnings estimates for First Mid Bancshares in a research report issued on Tuesday, January 28th. DA Davidson analyst J. Rulis forecasts that the bank will post earnings of $0.91 per share for the quarter. DA Davidson has a “Neutral” rating and a $47.00 price objective on the stock. The consensus estimate for First Mid Bancshares’ current full-year earnings is $3.42 per share.

Several other brokerages also recently issued reports on FMBH. Stephens reissued an “equal weight” rating and issued a $43.00 price target on shares of First Mid Bancshares in a report on Friday, January 24th. Keefe, Bruyette & Woods raised their target price on First Mid Bancshares from $42.00 to $45.00 and gave the company a “market perform” rating in a research note on Wednesday, December 4th. Finally, Piper Sandler upped their price target on shares of First Mid Bancshares from $46.00 to $47.00 and gave the stock an “overweight” rating in a research report on Friday, November 1st. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $43.40.

First Mid Bancshares Stock Performance

Shares of FMBH stock opened at $38.13 on Wednesday. The company has a market cap of $911.69 million, a P/E ratio of 11.73 and a beta of 0.93. The business has a 50 day moving average of $38.73 and a two-hundred day moving average of $38.84. First Mid Bancshares has a 52 week low of $28.86 and a 52 week high of $43.86. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.41.

First Mid Bancshares (NASDAQ:FMBH) last posted its quarterly earnings results on Thursday, January 23rd. The bank reported $0.87 EPS for the quarter, beating the consensus estimate of $0.82 by $0.05. First Mid Bancshares had a net margin of 17.32% and a return on equity of 10.38%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in FMBH. Quantbot Technologies LP bought a new position in First Mid Bancshares during the 3rd quarter valued at $84,000. PDT Partners LLC acquired a new stake in shares of First Mid Bancshares in the third quarter valued at $203,000. Centiva Capital LP acquired a new stake in shares of First Mid Bancshares in the third quarter valued at $213,000. BNP Paribas Financial Markets lifted its holdings in First Mid Bancshares by 33.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 6,001 shares of the bank’s stock valued at $233,000 after acquiring an additional 1,510 shares during the last quarter. Finally, CarsonAllaria Wealth Management Ltd. grew its position in First Mid Bancshares by 29.9% in the third quarter. CarsonAllaria Wealth Management Ltd. now owns 9,927 shares of the bank’s stock worth $386,000 after buying an additional 2,285 shares during the last quarter. Institutional investors and hedge funds own 47.57% of the company’s stock.

Insider Transactions at First Mid Bancshares

In related news, Director James Edwin Zimmer purchased 1,000 shares of First Mid Bancshares stock in a transaction dated Thursday, December 19th. The stock was bought at an average cost of $39.87 per share, with a total value of $39,870.00. Following the purchase, the director now owns 4,050 shares in the company, valued at approximately $161,473.50. The trade was a 32.79 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 7.70% of the company’s stock.

First Mid Bancshares Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Thursday, February 13th will be given a dividend of $0.24 per share. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $0.96 dividend on an annualized basis and a yield of 2.52%. First Mid Bancshares’s dividend payout ratio (DPR) is presently 29.54%.

First Mid Bancshares Company Profile

First Mid Bancshares, Inc, a financial holding company, provides community banking products and services to commercial, retail, and agricultural customers in the United States. It accepts various deposit products, such as demand deposits, savings accounts, money market deposits, and time deposits. The company’s loan products include commercial real estate, commercial and industrial, agricultural and agricultural real estate, residential real estate, and consumer loans, as well as construction and land development, 1-4 family residential properties, and multifamily residential properties loans; and other loans comprising loans to municipalities to support community projects, such as infrastructure improvements or equipment purchases.