Wall Street brokerages expect FB Financial Corp (NYSE:FBK) to announce earnings per share of $0.63 for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for FB Financial’s earnings, with the highest EPS estimate coming in at $0.65 and the lowest estimate coming in at $0.61. FB Financial posted earnings per share of $0.66 in the same quarter last year, which indicates a negative year-over-year growth rate of 4.5%. The business is scheduled to issue its next quarterly earnings report on Monday, April 27th.

According to Zacks, analysts expect that FB Financial will report full-year earnings of $2.81 per share for the current fiscal year, with EPS estimates ranging from $2.80 to $2.82. For the next financial year, analysts expect that the business will post earnings of $3.30 per share, with EPS estimates ranging from $3.25 to $3.36. Zacks’ earnings per share calculations are an average based on a survey of sell-side analysts that cover FB Financial.

FB Financial (NYSE:FBK) last issued its earnings results on Tuesday, January 21st. The financial services provider reported $0.70 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.66 by $0.04. FB Financial had a return on equity of 12.43% and a net margin of 20.05%. The business had revenue of $92.93 million during the quarter, compared to analyst estimates of $89.13 million.

Several brokerages have weighed in on FBK. Stephens boosted their price objective on FB Financial from $42.00 to $44.00 and gave the company an “overweight” rating in a research report on Wednesday, January 22nd. Raymond James downgraded FB Financial from an “outperform” rating to a “market perform” rating and set a $38.50 price objective for the company. in a research report on Wednesday, October 23rd. They noted that the move was a valuation call. Sandler O’Neill downgraded FB Financial from a “buy” rating to a “hold” rating in a research report on Monday, December 9th. Zacks Investment Research upgraded FB Financial from a “sell” rating to a “hold” rating in a research report on Friday, January 10th. Finally, ValuEngine downgraded FB Financial from a “hold” rating to a “sell” rating in a research report on Tuesday, January 28th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $41.50.

FBK stock traded down $0.54 during midday trading on Friday, hitting $36.70. The company had a trading volume of 66,906 shares, compared to its average volume of 120,794. The company has a current ratio of 0.92, a quick ratio of 0.86 and a debt-to-equity ratio of 0.05. FB Financial has a 52 week low of $30.33 and a 52 week high of $40.33. The stock’s 50 day moving average price is $37.95 and its 200 day moving average price is $37.73. The stock has a market cap of $1.13 billion, a price-to-earnings ratio of 13.85 and a beta of 0.99.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Saturday, February 15th will be given a $0.09 dividend. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $0.36 annualized dividend and a yield of 0.98%. This is an increase from FB Financial’s previous quarterly dividend of $0.08. FB Financial’s payout ratio is presently 11.31%.

In other FB Financial news, Director James L. Exum sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $38.60, for a total value of $38,600.00. Insiders own 45.10% of the company’s stock.

Institutional investors have recently made changes to their positions in the stock. Aigen Investment Management LP bought a new position in shares of FB Financial during the fourth quarter valued at approximately $43,000. Great West Life Assurance Co. Can bought a new position in shares of FB Financial during the fourth quarter valued at approximately $48,000. Bank of Montreal Can raised its holdings in shares of FB Financial by 44.8% during the fourth quarter. Bank of Montreal Can now owns 2,161 shares of the financial services provider’s stock valued at $86,000 after acquiring an additional 669 shares in the last quarter. Koshinski Asset Management Inc. bought a new position in shares of FB Financial during the fourth quarter valued at approximately $204,000. Finally, FinTrust Capital Advisors LLC bought a new position in shares of FB Financial during the fourth quarter valued at approximately $218,000. Institutional investors own 53.76% of the company’s stock.

FB Financial Company Profile

FB Financial Corporation operates as a bank holding company for FirstBank that provides a suite of commercial and consumer banking services businesses, professionals, and individuals. The company operates in two segments, Banking and Mortgage. It provides demand, negotiable order of withdrawal, money market, certificates of deposit, and municipal and savings accounts, as well as time deposits.

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Earnings History and Estimates for FB Financial (NYSE:FBK)

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