The First Bancshares, Inc. (FBMS) To Go Ex-Dividend on November 8th

The First Bancshares, Inc. (NASDAQ:FBMS) declared a quarterly dividend on Wednesday, October 23rd, NASDAQ reports. Investors of record on Friday, November 8th will be paid a dividend of 0.25 per share by the bank on Friday, November 22nd. This represents a $1.00 annualized dividend and a yield of 2.98%. The ex-dividend date is Friday, November 8th.

First Bancshares has increased its dividend by an average of 28.9% per year over the last three years.

First Bancshares Stock Performance

Shares of First Bancshares stock opened at $33.58 on Wednesday. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.82 and a quick ratio of 0.82. The stock has a market capitalization of $1.05 billion, a price-to-earnings ratio of 15.19 and a beta of 0.91. The business has a 50-day moving average of $32.61 and a 200 day moving average of $29.08. First Bancshares has a 12 month low of $22.96 and a 12 month high of $34.93.

Wall Street Analyst Weigh In

FBMS has been the topic of a number of recent research reports. Hovde Group upped their price objective on First Bancshares from $29.00 to $32.50 and gave the stock a “market perform” rating in a research report on Monday, July 29th. StockNews.com initiated coverage on First Bancshares in a research note on Tuesday. They issued a “sell” rating for the company. Janney Montgomery Scott lowered shares of First Bancshares from a “buy” rating to a “neutral” rating in a research note on Thursday, October 24th. Finally, Keefe, Bruyette & Woods upgraded shares of First Bancshares from a “market perform” rating to an “outperform” rating and boosted their price target for the stock from $31.00 to $40.00 in a report on Friday, August 2nd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, First Bancshares has an average rating of “Hold” and a consensus target price of $35.50.

First Bancshares Company Profile

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.