The First Bancshares (NASDAQ:FBMS) Earns Media Impact Score of 0.18
Press coverage about The First Bancshares (NASDAQ:FBMS) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. The First Bancshares earned a news sentiment score of 0.18 on Accern’s scale. Accern also assigned news headlines about the bank an impact score of 50 out of 100, indicating that recent news coverage is somewhat likely to have an effect on the company’s share price in the next few days.
Several brokerages have recently commented on FBMS. ValuEngine raised The First Bancshares from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Zacks Investment Research raised The First Bancshares from a “hold” rating to a “buy” rating and set a $32.00 target price for the company in a research report on Wednesday, April 26th. Finally, Keefe, Bruyette & Woods upgraded The First Bancshares from a “market perform” rating to an “outperform” rating and cut their price objective for the stock from $31.00 to $30.00 in a report on Thursday, July 27th.
The First Bancshares (NASDAQ:FBMS) traded up 0.54% during trading on Thursday, reaching $28.10. The company’s stock had a trading volume of 11,689 shares. The company’s 50 day moving average price is $27.49 and its 200 day moving average price is $28.14. The company has a market cap of $257.20 million, a P/E ratio of 17.13 and a beta of -0.32. The First Bancshares has a 52 week low of $17.01 and a 52 week high of $30.80.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 24th. Stockholders of record on Friday, August 4th will be issued a dividend of $0.0375 per share. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.53%. The ex-dividend date of this dividend is Wednesday, August 2nd. The First Bancshares’s dividend payout ratio is currently 13.76%.
In other The First Bancshares news, Chairman E Ricky Gibson acquired 2,000 shares of The First Bancshares stock in a transaction dated Tuesday, May 16th. The stock was purchased at an average cost of $28.40 per share, for a total transaction of $56,800.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 11.76% of the stock is owned by company insiders.
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The First Bancshares Company Profile
The First Bancshares, Inc is a bank holding company for The First, A National Banking Association (the Bank). The Company and the Bank engage in a general commercial and retail banking business for small to medium-sized businesses, professional concerns and individuals. The Bank provides a range of banking services in its primary market area of South Mississippi, South Alabama and Louisiana.
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