Ameris Bancorp (ABCB) Stock Forecast, Price Target & Predictions


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ABCB Stock Forecast


Ameris Bancorp stock forecast is as follows: an average price target of $65.50 (represents a 5.73% upside from ABCB’s last price of $61.95) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.

ABCB Price Target


The average price target for Ameris Bancorp (ABCB) is $65.50 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $67.00 to $64.00. This represents a potential 5.73% upside from ABCB's last price of $61.95.

ABCB Analyst Ratings


Buy

According to 6 Wall Street analysts, Ameris Bancorp's rating consensus is 'Buy'. The analyst rating breakdown for ABCB stock is 0 'Strong Buy' (0.00%), 4 'Buy' (66.67%), 2 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Ameris Bancorp Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 28, 2024Michael RoseRaymond James$67.00$63.455.59%8.15%
Jul 29, 2024Tyler StaffordStephens$64.00$61.064.81%3.31%
Apr 29, 2024Casey Orr WhitmanPiper Sandler$57.00$48.4917.55%-7.99%
Apr 01, 2024Brandon KingTruist Financial$54.00$48.3811.62%-12.83%
Apr 28, 2022Raymond James$50.00$42.1118.74%-19.29%

The latest Ameris Bancorp stock forecast, released on Oct 28, 2024 by Michael Rose from Raymond James, set a price target of $67.00, which represents a 5.59% increase from the stock price at the time of the forecast ($63.45), and a 8.15% increase from ABCB last price ($61.95).

Ameris Bancorp Price Target by Period


1M3M12M
# Anlaysts-14
Avg Price Target-$67.00$60.50
Last Closing Price$61.95$61.95$61.95
Upside/Downside-100.00%8.15%-2.34%

In the current month, the average price target of Ameris Bancorp stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Ameris Bancorp's last price of $61.95. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 28, 2024Raymond JamesOutperformOutperformUpgrade
Jul 29, 2024Keefe, Bruyette & WoodsOutperformOutperformHold
Jul 29, 2024StephensEqual-WeightEqual-WeightHold
Apr 29, 2024Piper SandlerOverweightOverweightHold
Oct 10, 2023William BlairOutperformInitialise
Oct 10, 2023CitigroupNeutralDowngrade
Apr 28, 2022Raymond JamesOutperformOutperformHold

Ameris Bancorp's last stock rating was published by Raymond James on Oct 28, 2024. The company gave ABCB a "Outperform" rating, the same as its previous rate.

Ameris Bancorp Financial Forecast


Ameris Bancorp Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
Revenue---------$272.29M$276.04M$267.27M$272.11M$278.18M$9.92M$8.92M$246.61M$237.85M$250.47M$282.40M$274.44M$320.75M$283.82M$200.13M$209.37M$224.67M$135.91M$129.25M$94.72M$85.36M
Avg Forecast$300.71M$298.63M$289.36M$274.74M$278.64M$278.13M$272.81M$258.05M$264.66M$273.49M$263.50M$265.14M$281.13M$276.22M$262.88M$240.02M$241.59M$245.10M$263.83M$260.93M$274.68M$270.66M$222.66M$209.29M$211.06M$213.40M$139.72M$130.90M$94.72M$83.92M
High Forecast$306.39M$304.26M$294.82M$275.57M$279.28M$282.71M$272.81M$258.05M$265.82M$277.10M$268.47M$270.14M$286.43M$276.22M$262.88M$240.02M$241.59M$245.10M$263.83M$260.93M$274.68M$270.66M$222.66M$209.29M$211.06M$213.40M$139.72M$130.90M$113.66M$100.70M
Low Forecast$293.22M$291.19M$282.15M$273.91M$277.99M$273.54M$272.81M$258.05M$262.85M$271.45M$256.94M$258.54M$274.13M$276.22M$262.88M$240.02M$241.59M$245.10M$263.83M$260.93M$274.68M$270.66M$222.66M$209.29M$211.06M$213.40M$139.72M$130.90M$75.77M$67.13M
# Analysts11133222364424443333387655551317
Surprise %---------1.00%1.05%1.01%0.97%1.01%0.04%0.04%1.02%0.97%0.95%1.08%1.00%1.19%1.27%0.96%0.99%1.05%0.97%0.99%1.00%1.02%

Ameris Bancorp's average Quarter revenue forecast for Dec 23 based on 3 analysts is $264.66M, with a low forecast of $262.85M, and a high forecast of $265.82M. ABCB's average Quarter revenue forecast represents a -2.80% decrease compared to the company's last Quarter revenue of $272.29M (Sep 23).

Ameris Bancorp EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts11133222364424443333387655551317
EBITDA---------$109.45M$87.66M$167.32M$158.75M$147.11M$141.92M$132.87M$122.39M$136.63M$138.19M$186.90M$156.76M$181.50M$74.86M$70.99M$133.84M$80.29M$85.62M$84.17M$48.28M$41.20M
Avg Forecast-------$145.75M---$132.50M$133.48M$93.78M$89.25M$120.45M$82.02M$83.21M$89.57M$91.18M$93.26M$91.89M$75.60M$104.25M$71.66M$72.45M$47.44M$86.88M$48.28M$40.49M
High Forecast-------$174.90M---$159.00M$160.18M$93.78M$89.25M$144.54M$82.02M$83.21M$89.57M$109.41M$93.26M$91.89M$75.60M$125.10M$71.66M$72.45M$47.44M$104.26M$57.94M$48.59M
Low Forecast-------$116.60M---$106.00M$106.79M$93.78M$89.25M$96.36M$82.02M$83.21M$89.57M$72.94M$93.26M$91.89M$75.60M$83.40M$71.66M$72.45M$47.44M$69.51M$38.63M$32.39M
Surprise %-----------1.26%1.19%1.57%1.59%1.10%1.49%1.64%1.54%2.05%1.68%1.98%0.99%0.68%1.87%1.11%1.80%0.97%1.00%1.02%

3 analysts predict ABCB's average Quarter EBITDA for Dec 23 to be -, with a high of - and a low of -. This is -100.00% lower than Ameris Bancorp's previous annual EBITDA (Sep 23) of $109.45M.

Ameris Bancorp Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts11133222364424443333387655551317
Net Income---------$80.11M$62.63M$60.42M$82.22M$92.56M$90.07M$81.70M$81.94M$81.68M$88.33M$124.96M$94.28M$116.14M$32.24M$19.32M$61.25M$21.38M$38.90M$39.91M$26.66M$21.15M
Avg Forecast$90.75M$87.30M$81.50M$76.25M$81.04M$79.54M$78.62M$89.62M$76.27M$77.75M$78.74M$81.47M$89.37M$91.88M$81.99M$74.06M$80.65M$81.24M$82.76M$60.96M$79.89M$61.72M$41.61M$28.37M$66.02M$65.37M$66.08M$41.19M$26.66M$20.79M
High Forecast$92.98M$89.44M$83.50M$78.86M$83.78M$81.97M$78.63M$107.54M$78.31M$82.61M$80.54M$97.76M$107.24M$93.94M$83.14M$88.88M$80.65M$83.59M$82.76M$73.15M$79.89M$61.72M$41.61M$34.05M$66.02M$65.37M$66.08M$49.43M$31.99M$24.95M
Low Forecast$87.81M$84.47M$78.86M$72.99M$75.54M$77.11M$78.61M$71.69M$72.86M$72.20M$76.93M$65.18M$71.49M$89.82M$80.84M$59.25M$80.65M$78.89M$82.76M$48.77M$79.89M$61.72M$41.61M$22.70M$66.02M$65.37M$66.08M$32.95M$21.33M$16.63M
Surprise %---------1.03%0.80%0.74%0.92%1.01%1.10%1.10%1.02%1.01%1.07%2.05%1.18%1.88%0.77%0.68%0.93%0.33%0.59%0.97%1.00%1.02%

Ameris Bancorp's average Quarter net income forecast for Dec 23 is $76.27M, with a range of $72.86M to $78.31M. ABCB's average Quarter net income forecast represents a -4.80% decrease compared to the company's last Quarter net income of $80.11M (Sep 23).

Ameris Bancorp SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts11133222364424443333387655551317
SG&A---------$84.62M$83.96M$84.44M$79.01M$82.25M$84.67M$86.27M$90.53M$93.03M$99.33M$109.30M$121.13M$109.89M$107.14M$90.26M$85.20M$89.95M$48.82M$48.50M$40.45M$35.47M
Avg Forecast$94.26M$93.61M$90.70M$86.12M$87.34M$87.18M$85.51M$108.42M$82.96M$85.72M$82.60M$98.56M$98.73M$86.59M$82.41M$89.60M$75.74M$76.84M$82.71M$53.32M$86.11M$84.85M$69.80M$132.54M$66.17M$66.90M$43.80M$50.07M$40.45M$34.86M
High Forecast$96.04M$95.37M$92.41M$86.38M$87.54M$88.62M$85.51M$130.10M$83.32M$86.86M$84.15M$118.28M$118.48M$86.59M$82.41M$107.52M$75.74M$76.84M$82.71M$63.98M$86.11M$84.85M$69.80M$159.04M$66.17M$66.90M$43.80M$60.08M$48.54M$41.83M
Low Forecast$91.91M$91.27M$88.44M$85.86M$87.14M$85.74M$85.51M$86.74M$82.39M$85.09M$80.54M$78.85M$78.99M$86.59M$82.41M$71.68M$75.74M$76.84M$82.71M$42.66M$86.11M$84.85M$69.80M$106.03M$66.17M$66.90M$43.80M$40.05M$32.36M$27.89M
Surprise %---------0.99%1.02%0.86%0.80%0.95%1.03%0.96%1.20%1.21%1.20%2.05%1.41%1.30%1.53%0.68%1.29%1.34%1.11%0.97%1.00%1.02%

Ameris Bancorp's average Quarter SG&A projection for Dec 23 is $82.96M, based on 3 Wall Street analysts, with a range of $82.39M to $83.32M. The forecast indicates a -1.97% fall compared to ABCB last annual SG&A of $84.62M (Sep 23).

Ameris Bancorp EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts11133222364424443333387655551317
EPS---------$1.16$0.91$0.87$1.19$1.34$1.30$1.18$1.18$1.18$1.27$1.80$1.36$1.68$0.47$0.28$0.88$0.31$0.82$0.84$0.70$0.59
Avg Forecast$1.31$1.26$1.18$1.10$1.17$1.15$1.14$1.04$1.10$1.13$1.14$1.18$1.34$1.33$1.19$1.06$1.17$1.18$1.20$1.13$1.16$0.89$0.60$0.76$0.96$0.95$0.96$0.92$0.73$0.57
High Forecast$1.35$1.29$1.21$1.14$1.21$1.19$1.14$1.04$1.13$1.20$1.17$1.20$1.37$1.36$1.20$1.06$1.17$1.21$1.20$1.13$1.16$0.89$0.60$0.76$0.96$0.95$0.96$0.92$0.88$0.68
Low Forecast$1.27$1.22$1.14$1.06$1.09$1.12$1.14$1.04$1.05$1.05$1.11$1.14$1.30$1.30$1.17$1.06$1.17$1.14$1.20$1.13$1.16$0.89$0.60$0.76$0.96$0.95$0.96$0.92$0.58$0.46
Surprise %---------1.03%0.80%0.74%0.89%1.01%1.09%1.11%1.01%1.00%1.06%1.59%1.17%1.88%0.78%0.37%0.92%0.33%0.86%0.91%0.96%1.04%

According to 3 Wall Street analysts, Ameris Bancorp's projected average Quarter EPS for Dec 23 is $1.10, with a low estimate of $1.05 and a high estimate of $1.13. This represents a -4.80% decrease compared to ABCB previous annual EPS of $1.16 (Sep 23).

Ameris Bancorp Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
CFFNCapitol Federal Financial$6.46$7.008.36%Hold
BOKFBOK Financial$114.35$118.753.85%Hold
BFSTBusiness First Bancshares$27.02$28.003.63%Buy
FFINFirst Financial Bankshares$39.20$39.500.77%Hold
ABCBAmeris Bancorp$65.36$65.500.21%Buy
INDBIndependent Bank$69.48$69.500.03%Strong Buy
GSBCGreat Southern Bancorp$64.79$62.00-4.31%Hold
FBNCFirst Bancorp$47.35$43.00-9.19%Buy
FGBIFirst Guaranty Bancshares$12.79$9.50-25.72%Sell

ABCB Forecast FAQ


Is Ameris Bancorp a good buy?

Yes, according to 6 Wall Street analysts, Ameris Bancorp (ABCB) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 66.67% of ABCB's total ratings.

What is ABCB's price target?

Ameris Bancorp (ABCB) average price target is $65.5 with a range of $64 to $67, implying a 5.73% from its last price of $61.95. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Ameris Bancorp stock go up soon?

According to Wall Street analysts' prediction for ABCB stock, the company can go up by 5.73% (from the last price of $61.95 to the average price target of $65.5), up by 8.15% based on the highest stock price target, and up by 3.31% based on the lowest stock price target.

Can Ameris Bancorp stock reach $90?

ABCB's average twelve months analyst stock price target of $65.5 does not support the claim that Ameris Bancorp can reach $90 in the near future.

What are Ameris Bancorp's analysts' financial forecasts?

Ameris Bancorp's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $1.09B (high $1.09B, low $1.08B), average EBITDA is $145.75M (high $174.9M, low $116.6M), average net income is $328.82M (high $351.93M, low $302.96M), average SG&A $368.45M (high $391.78M, low $345.13M), and average EPS is $4.5 (high $4.58, low $4.39). ABCB's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.16B (high $1.18B, low $1.14B), average EBITDA is $0 (high $0, low $0), average net income is $335.8M (high $344.77M, low $324.14M), average SG&A $364.68M (high $370.2M, low $357.48M), and average EPS is $4.86 (high $4.99, low $4.69).

Did the ABCB's actual financial results beat the analysts' financial forecasts?

Based on Ameris Bancorp's last annual report (Dec 2022), the company's revenue was $1.09B, beating the average analysts forecast of $1.06B by 2.37%. Apple's EBITDA was $565.7M, beating the average prediction of $436.97M by 29.46%. The company's net income was $346.54M, beating the average estimation of $337.3M by 2.74%. Apple's SG&A was $332.2M, missing the average forecast of $357.34M by -7.03%. Lastly, the company's EPS was $5, beating the average prediction of $4.92 by 1.61%. In terms of the last quarterly report (Sep 2023), Ameris Bancorp's revenue was $272.29M, missing the average analysts' forecast of $273.49M by -0.44%. The company's EBITDA was $109.45M, beating the average prediction of $0 by 0%. Ameris Bancorp's net income was $80.12M, beating the average estimation of $77.75M by 3.04%. The company's SG&A was $84.62M, missing the average forecast of $85.72M by -1.29%. Lastly, the company's EPS was $1.16, beating the average prediction of $1.13 by 3.05%