First Mid: Q4 Earnings Forecast for FMBH Issued By DA Davidson

First Mid Bancshares, Inc. ( NASDAQ:FMBH - Free Report ) - Analysts at DA Davidson issued their Q4 2024 earnings per share (EPS) estimates for shares of First Mid Bancshares in a report released on Friday, November 1st. DA Davidson analyst J. Rulis anticipates that the bank will post earnings per share of $0.82 for the quarter. The consensus estimate for First Mid Bancshares' current full-year earnings is $3.47 per share. Other equities research analysts have also issued research reports about the company. Keefe, Bruyette & Woods lowered First Mid Bancshares from an "outperform" rating to a "market perform" rating and set a $42.00 price target for the company. in a research note on Wednesday, October 2nd. Stephens boosted their target price on First Mid Bancshares from $40.00 to $43.00 and gave the stock an "overweight" rating in a research report on Friday. Finally, Piper Sandler increased their price target on shares of First Mid Bancshares from $46.00 to $47.00 and gave the company an "overweight" rating in a research report on Friday. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $41.00. First Mid Bancshares Stock Performance NASDAQ FMBH opened at $37.50 on Monday. First Mid Bancshares has a 52-week low of $28.86 and a 52-week high of $41.02. The company has a fifty day moving average of $38.83 and a 200-day moving average of $35.61. The company has a market capitalization of $896.63 million, a P/E ratio of 11.54 and a beta of 0.89. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.91 and a current ratio of 0.91. Institutional Trading of First Mid Bancshares Institutional investors have recently made changes to their positions in the stock. CWM LLC boosted its position in First Mid Bancshares by 344.2% during the 2nd quarter. CWM LLC now owns 884 shares of the bank's stock valued at $29,000 after buying an additional 685 shares during the period. EntryPoint Capital LLC bought a new stake in shares of First Mid Bancshares in the first quarter worth about $29,000. Price T Rowe Associates Inc. MD bought a new stake in shares of First Mid Bancshares in the first quarter worth about $208,000. Choreo LLC increased its holdings in First Mid Bancshares by 17.9% during the 2nd quarter. Choreo LLC now owns 7,568 shares of the bank's stock valued at $246,000 after purchasing an additional 1,149 shares during the period. Finally, CarsonAllaria Wealth Management Ltd. raised its position in First Mid Bancshares by 29.9% during the 3rd quarter. CarsonAllaria Wealth Management Ltd. now owns 9,927 shares of the bank's stock valued at $386,000 after purchasing an additional 2,285 shares during the last quarter. Hedge funds and other institutional investors own 47.57% of the company's stock. First Mid Bancshares Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, November 14th will be paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.56%. The ex-dividend date of this dividend is Thursday, November 14th. First Mid Bancshares's dividend payout ratio (DPR) is presently 29.54%. About First Mid Bancshares ( Get Free Report ) 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. Recommended Stories Five stocks we like better than First Mid Bancshares Best ESG Stocks: 11 Best Stocks for ESG Investing Intel: Is Now the Time to Be Brave? Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index Carnival or Royal Caribbean-Which Cruise Stock Has More Upside? Trading Stocks: RSI and Why it's Useful Summit Therapeutics: Is Their Lung Cancer Drug a Game Changer? Receive News & Ratings for First Mid Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Mid Bancshares and related companies with MarketBeat.com's FREE daily email newsletter .