What is DA Davidson’s Estimate for FMBH Q1 Earnings?

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

Other equities analysts have also issued research reports about the company. Keefe, Bruyette & Woods increased their price target on First Mid Bancshares from $42.00 to $45.00 and gave the company a “market perform” rating in a research report on Wednesday, December 4th. Stephens reaffirmed an “equal weight” rating and issued a $43.00 price objective on shares of First Mid Bancshares in a research note on Friday, January 24th. Finally, Piper Sandler boosted their target price on shares of First Mid Bancshares from $46.00 to $47.00 and gave the company an “overweight” rating in a research note on Friday, November 1st. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, First Mid Bancshares presently has a consensus rating of “Moderate Buy” and an average price target of $42.50.

First Mid Bancshares Trading Down 2.1 %

Shares of First Mid Bancshares stock opened at $38.15 on Wednesday. First Mid Bancshares has a fifty-two week low of $28.86 and a fifty-two 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. The firm has a market cap of $912.24 million, a price-to-earnings ratio of 11.74 and a beta of 0.93. The business has a fifty day simple moving average of $38.80 and a 200-day simple moving average of $38.84.

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

Hedge Funds Weigh In On First Mid Bancshares

A number of large investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP lifted its holdings in First Mid Bancshares by 5.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 778,135 shares of the bank’s stock valued at $25,584,000 after purchasing an additional 36,769 shares during the last quarter. Renaissance Technologies LLC lifted its holdings in shares of First Mid Bancshares by 27.5% during the 2nd quarter. Renaissance Technologies LLC now owns 13,000 shares of the bank’s stock worth $427,000 after acquiring an additional 2,800 shares during the period. AQR Capital Management LLC boosted its holdings in shares of First Mid Bancshares by 106.4% in the 2nd quarter. AQR Capital Management LLC now owns 31,333 shares of the bank’s stock valued at $1,030,000 after purchasing an additional 16,150 shares in the last quarter. Creative Planning boosted its stake in First Mid Bancshares by 2.1% in the second quarter. Creative Planning now owns 106,397 shares of the bank’s stock valued at $3,498,000 after buying an additional 2,186 shares in the last quarter. Finally, SG Americas Securities LLC grew its holdings in shares of First Mid Bancshares by 44.6% during the 3rd quarter. SG Americas Securities LLC now owns 12,006 shares of the bank’s stock valued at $467,000 after purchasing an additional 3,703 shares during the last quarter. Institutional investors and hedge funds own 47.57% of the company’s stock.

Insiders Place Their Bets

In other news, Director James Edwin Zimmer acquired 1,000 shares of the stock in a transaction that occurred on Thursday, December 19th. The stock was acquired at an average price of $39.87 per share, for a total transaction of $39,870.00. Following the transaction, the director now directly owns 4,050 shares in the company, valued at approximately $161,473.50. This represents a 32.79 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 5.20% of the company’s stock.

First Mid Bancshares Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Thursday, February 13th will be issued a dividend of $0.24 per share. The ex-dividend date is Thursday, February 13th. This represents a $0.96 annualized dividend and a yield of 2.52%. First Mid Bancshares’s dividend payout ratio is currently 29.18%.

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.