First Bancshares (FBMS) to Release Quarterly Earnings on Wednesday

First Bancshares (NASDAQ:FBMS) is expected to be releasing its earnings data 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 Price Performance

NASDAQ:FBMS opened at $35.65 on Monday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.84 and a current ratio of 0.84. The stock’s 50-day simple moving average is $35.88 and its 200 day simple moving average is $33.22. The company has a market cap of $1.11 billion, a P/E ratio of 16.13 and a beta of 0.94. First Bancshares has a 52-week low of $22.96 and a 52-week high of $39.08.

First Bancshares Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Friday, November 8th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.81%. The ex-dividend date of this dividend was Friday, November 8th. First Bancshares’s dividend payout ratio is currently 45.25%.

Wall Street Analysts Forecast Growth

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

About First Bancshares

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.