First Mid Bancshares (FMBH) Stock Forecast, Price Target & Predictions
FMBH Stock Forecast
First Mid Bancshares stock forecast is as follows: an average price target of $38.00 (represents a -5.00% downside from FMBH’s last price of $40.00) and a rating consensus of 'Strong Buy', based on 2 wall street analysts offering a 1-year stock forecast.
FMBH Price Target
The average price target for First Mid Bancshares (FMBH) is $38.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $38.00 to $38.00. This represents a potential -5.00% downside from FMBH's last price of $40.00.
FMBH Analyst Ratings
According to 2 Wall Street analysts, First Mid Bancshares's rating consensus is 'Strong Buy'. The analyst rating breakdown for FMBH stock is 1 'Strong Buy' (50.00%), 1 'Buy' (50.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
First Mid Bancshares Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Apr 29, 2024 | Nathan Race | Piper Sandler | $38.00 | $31.70 | 19.89% | -5.00% |
The latest First Mid Bancshares stock forecast, released on Apr 29, 2024 by Nathan Race from Piper Sandler, set a price target of $38.00, which represents a 19.89% increase from the stock price at the time of the forecast ($31.70), and a -5.00% decrease from FMBH last price ($40.00).
First Mid Bancshares Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $38.00 |
| Last Closing Price | $40.00 | $40.00 | $40.00 |
| Upside/Downside | -100.00% | -100.00% | -5.00% |
In the current month, the average price target of First Mid Bancshares stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to First Mid Bancshares's last price of $40.00. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 02, 2024 | Raymond James | Strong Buy | Strong Buy | Hold |
| Apr 29, 2024 | Piper Sandler | Overweight | Overweight | Hold |
First Mid Bancshares's last stock rating was published by Raymond James on Aug 02, 2024. The company gave FMBH a "Strong Buy" rating, the same as its previous rate.
First Mid Bancshares Financial Forecast
First Mid Bancshares Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $111.69M | $71.75M | $60.84M | $64.45M | $62.57M | $65.05M | $670.00K | $1.08M | $60.87M | $61.24M | $59.96M | $53.67M | $48.31M | $45.37M | $45.19M | $45.78M | $42.37M | $44.04M |
| Avg Forecast | $91.70M | $89.05M | $89.35M | $90.10M | $86.00M | $84.13M | $84.00M | $85.22M | $82.45M | $81.05M | $78.32M | $80.44M | $78.42M | $69.50M | $62.60M | $65.66M | $69.16M | $68.26M | $66.78M | $64.16M | $62.00M | $61.51M | $57.15M | $54.69M | $48.27M | $46.40M | $44.11M | $46.27M | $44.27M | $44.91M |
| High Forecast | $91.70M | $89.05M | $89.35M | $90.10M | $86.00M | $84.13M | $84.00M | $85.22M | $82.45M | $82.17M | $78.32M | $80.44M | $78.52M | $72.04M | $62.60M | $65.66M | $69.16M | $68.26M | $66.78M | $64.16M | $62.00M | $61.51M | $57.15M | $54.69M | $48.27M | $46.40M | $44.11M | $46.27M | $44.27M | $44.91M |
| Low Forecast | $91.70M | $89.05M | $89.35M | $90.10M | $86.00M | $84.13M | $84.00M | $85.22M | $82.45M | $79.93M | $78.32M | $80.44M | $78.32M | $66.81M | $62.60M | $65.66M | $69.16M | $68.26M | $66.78M | $64.16M | $62.00M | $61.51M | $57.15M | $54.69M | $48.27M | $46.40M | $44.11M | $46.27M | $44.27M | $44.91M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 2 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 6 | 4 | 4 | 7 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.42% | 1.03% | 0.97% | 0.98% | 0.90% | 0.95% | 0.01% | 0.02% | 0.98% | 1.00% | 1.05% | 0.98% | 1.00% | 0.98% | 1.02% | 0.99% | 0.96% | 0.98% |
First Mid Bancshares's average Quarter revenue forecast for Mar 24 based on 1 analysts is $80.44M, with a low forecast of $80.44M, and a high forecast of $80.44M. FMBH's average Quarter revenue forecast represents a -27.98% decrease compared to the company's last Quarter revenue of $111.69M (Dec 23).
First Mid Bancshares EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 2 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 6 | 4 | 4 | 7 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $21.65M | $23.06M | $22.83M | $46.91M | $42.30M | $33.45M | $31.30M | $28.67M | $29.88M | $31.78M | $23.32M | $11.52M | $25.11M | $22.14M | $20.18M | $20.76M | $23.71M | $24.70M |
| Avg Forecast | $33.05M | $32.10M | $32.21M | $32.48M | $31.00M | $30.33M | $30.28M | $30.72M | $29.72M | $29.22M | $28.23M | $32.55M | $28.27M | $25.05M | $22.56M | $29.59M | $24.93M | $24.60M | $24.07M | $26.90M | $22.35M | $22.17M | $20.60M | $15.08M | $17.40M | $16.73M | $15.90M | $21.75M | $15.96M | $16.19M |
| High Forecast | $33.05M | $32.10M | $32.21M | $32.48M | $31.00M | $30.33M | $30.28M | $30.72M | $29.72M | $29.62M | $28.23M | $39.06M | $28.30M | $25.97M | $22.56M | $35.51M | $24.93M | $24.60M | $24.07M | $32.28M | $22.35M | $22.17M | $20.60M | $18.10M | $17.40M | $16.73M | $15.90M | $26.10M | $15.96M | $16.19M |
| Low Forecast | $33.05M | $32.10M | $32.21M | $32.48M | $31.00M | $30.33M | $30.28M | $30.72M | $29.72M | $28.81M | $28.23M | $26.04M | $28.23M | $24.08M | $22.56M | $23.67M | $24.93M | $24.60M | $24.07M | $21.52M | $22.35M | $22.17M | $20.60M | $12.07M | $17.40M | $16.73M | $15.90M | $17.40M | $15.96M | $16.19M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.77% | 0.92% | 1.01% | 1.59% | 1.70% | 1.36% | 1.30% | 1.07% | 1.34% | 1.43% | 1.13% | 0.76% | 1.44% | 1.32% | 1.27% | 0.95% | 1.49% | 1.53% |
1 analysts predict FMBH's average Quarter EBITDA for Mar 24 to be $32.55M, with a high of $39.06M and a low of $26.04M. This is 50.32% upper than First Mid Bancshares's previous annual EBITDA (Dec 23) of $21.65M.
First Mid Bancshares Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 2 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 6 | 4 | 4 | 7 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $18.07M | $15.12M | $16.57M | $19.18M | $20.64M | $17.94M | $17.76M | $16.62M | $16.83M | $18.33M | $12.22M | $4.11M | $13.57M | $11.56M | $10.14M | $10.00M | $11.98M | $11.67M |
| Avg Forecast | $24.48M | $22.56M | $23.52M | $22.08M | $21.50M | $20.40M | $21.02M | $21.94M | $20.74M | $20.16M | $18.99M | $18.86M | $19.12M | $12.20M | $17.68M | $17.15M | $22.68M | $22.60M | $21.60M | $15.59M | $21.88M | $21.72M | $17.47M | $5.38M | $17.32M | $15.74M | $10.80M | $10.48M | $16.60M | $16.96M |
| High Forecast | $24.48M | $22.56M | $23.52M | $22.08M | $21.50M | $20.40M | $21.02M | $21.94M | $20.74M | $20.64M | $19.00M | $22.64M | $19.58M | $14.57M | $17.68M | $20.58M | $22.68M | $22.60M | $21.60M | $18.71M | $21.88M | $21.72M | $17.47M | $6.45M | $17.32M | $15.74M | $10.80M | $12.57M | $16.60M | $16.96M |
| Low Forecast | $24.48M | $22.56M | $23.52M | $22.08M | $21.50M | $20.40M | $21.02M | $21.94M | $20.74M | $18.96M | $18.99M | $15.09M | $18.66M | $9.29M | $17.68M | $13.72M | $22.68M | $22.60M | $21.60M | $12.47M | $21.88M | $21.72M | $17.47M | $4.30M | $17.32M | $15.74M | $10.80M | $8.38M | $16.60M | $16.96M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 1.24% | 0.94% | 1.12% | 0.91% | 0.79% | 0.82% | 1.07% | 0.77% | 0.84% | 0.70% | 0.76% | 0.78% | 0.73% | 0.94% | 0.95% | 0.72% | 0.69% |
First Mid Bancshares's average Quarter net income forecast for Mar 24 is $18.86M, with a range of $15.09M to $22.64M. FMBH's average Quarter net income forecast represents a 4.39% increase compared to the company's last Quarter net income of $18.07M (Dec 23).
First Mid Bancshares SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 2 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 6 | 4 | 4 | 7 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $679.00K | $26.97M | $25.53M | $27.19M | $24.75M | $26.09M | $26.91M | $25.60M | $23.06M | $22.34M | $26.13M | $24.76M | $20.32M | $16.46M | $16.33M | $17.34M | $16.61M | $15.22M |
| Avg Forecast | $33.42M | $32.46M | $32.57M | $32.84M | $31.35M | $30.67M | $30.62M | $31.06M | $30.05M | $29.54M | $28.55M | $29.42M | $28.58M | $25.33M | $22.82M | $26.74M | $25.21M | $24.88M | $24.34M | $24.31M | $22.60M | $22.42M | $20.83M | $32.41M | $17.59M | $16.91M | $16.08M | $18.17M | $16.13M | $16.37M |
| High Forecast | $33.42M | $32.46M | $32.57M | $32.84M | $31.35M | $30.67M | $30.62M | $31.06M | $30.05M | $29.95M | $28.55M | $35.30M | $28.62M | $26.26M | $22.82M | $32.09M | $25.21M | $24.88M | $24.34M | $29.17M | $22.60M | $22.42M | $20.83M | $38.89M | $17.59M | $16.91M | $16.08M | $21.80M | $16.13M | $16.37M |
| Low Forecast | $33.42M | $32.46M | $32.57M | $32.84M | $31.35M | $30.67M | $30.62M | $31.06M | $30.05M | $29.13M | $28.54M | $23.53M | $28.55M | $24.35M | $22.82M | $21.39M | $25.21M | $24.88M | $24.34M | $19.45M | $22.60M | $22.42M | $20.83M | $25.93M | $17.59M | $16.91M | $16.08M | $14.53M | $16.13M | $16.37M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.02% | 1.06% | 1.12% | 1.02% | 0.98% | 1.05% | 1.11% | 1.05% | 1.02% | 1.00% | 1.25% | 0.76% | 1.15% | 0.97% | 1.02% | 0.95% | 1.03% | 0.93% |
First Mid Bancshares's average Quarter SG&A projection for Mar 24 is $29.42M, based on 1 Wall Street analysts, with a range of $23.53M to $35.30M. The forecast indicates a 4232.56% rise compared to FMBH last annual SG&A of $679.00K (Dec 23).
First Mid Bancshares EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 2 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 6 | 4 | 4 | 7 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.76 | $0.68 | $0.81 | $0.94 | $1.01 | $0.88 | $0.87 | $0.86 | $0.93 | $1.01 | $0.68 | $0.24 | $0.81 | $0.69 | $0.61 | $0.60 | $0.72 | $0.70 |
| Avg Forecast | $1.02 | $0.94 | $0.98 | $0.92 | $0.90 | $0.85 | $0.88 | $0.91 | $0.86 | $0.84 | $0.79 | $0.85 | $0.80 | $0.51 | $0.74 | $0.86 | $0.94 | $0.94 | $0.90 | $0.79 | $0.91 | $0.91 | $0.73 | $0.42 | $0.72 | $0.66 | $0.45 | $0.63 | $0.69 | $0.71 |
| High Forecast | $1.02 | $0.94 | $0.98 | $0.92 | $0.90 | $0.85 | $0.88 | $0.91 | $0.86 | $0.86 | $0.79 | $0.85 | $0.82 | $0.61 | $0.74 | $0.86 | $0.94 | $0.94 | $0.90 | $0.79 | $0.91 | $0.91 | $0.73 | $0.42 | $0.72 | $0.66 | $0.45 | $0.63 | $0.69 | $0.71 |
| Low Forecast | $1.02 | $0.94 | $0.98 | $0.92 | $0.90 | $0.85 | $0.88 | $0.91 | $0.86 | $0.79 | $0.79 | $0.85 | $0.78 | $0.39 | $0.74 | $0.86 | $0.94 | $0.94 | $0.90 | $0.79 | $0.91 | $0.91 | $0.73 | $0.42 | $0.72 | $0.66 | $0.45 | $0.63 | $0.69 | $0.71 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 1.34% | 1.10% | 1.09% | 1.07% | 0.93% | 0.97% | 1.10% | 1.02% | 1.12% | 0.93% | 0.58% | 1.12% | 1.05% | 1.36% | 0.95% | 1.04% | 0.99% |
According to 1 Wall Street analysts, First Mid Bancshares's projected average Quarter EPS for Mar 24 is $0.85, with a low estimate of $0.85 and a high estimate of $0.85. This represents a 11.40% increase compared to FMBH previous annual EPS of $0.76 (Dec 23).
First Mid Bancshares Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| HTBI | HomeTrust Bancshares | $34.78 | $42.00 | 20.76% | Buy |
| FNWB | First Northwest Bancorp | $11.09 | $11.50 | 3.70% | Hold |
| FFNW | First Financial Northwest | $23.05 | $23.50 | 1.95% | Hold |
| EFSC | Enterprise Financial Services | $53.85 | $53.00 | -1.58% | Buy |
| FMBH | First Mid Bancshares | $40.00 | $38.00 | -5.00% | Strong Buy |
| FCCO | First Community | $23.21 | $21.00 | -9.52% | Buy |
| GSBC | Great Southern Bancorp | $58.04 | $46.00 | -20.74% | Hold |
FMBH Forecast FAQ
Is First Mid Bancshares a good buy?
Yes, according to 2 Wall Street analysts, First Mid Bancshares (FMBH) is considered a 'Strong Buy'. The rating consensus is based on 1 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of FMBH's total ratings.
What is FMBH's price target?
First Mid Bancshares (FMBH) average price target is $38 with a range of $38 to $38, implying a -5.00% from its last price of $40. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will First Mid Bancshares stock go up soon?
According to Wall Street analysts' prediction for FMBH stock, the company can go down by -5.00% (from the last price of $40 to the average price target of $38), down by -5.00% based on the highest stock price target, and down by -5.00% based on the lowest stock price target.
Can First Mid Bancshares stock reach $60?
FMBH's average twelve months analyst stock price target of $38 does not support the claim that First Mid Bancshares can reach $60 in the near future.
What are First Mid Bancshares's analysts' financial forecasts?
First Mid Bancshares's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $339.35M (high $339.35M, low $339.35M), average EBITDA is $122.32M (high $122.32M, low $122.32M), average net income is $84.85M (high $84.85M, low $84.85M), average SG&A $123.69M (high $123.69M, low $123.69M), and average EPS is $3.54 (high $3.54, low $3.54). FMBH's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $360.2M (high $360.2M, low $360.2M), average EBITDA is $129.84M (high $129.84M, low $129.84M), average net income is $92.63M (high $92.63M, low $92.63M), average SG&A $131.29M (high $131.29M, low $131.29M), and average EPS is $3.86 (high $3.86, low $3.86).
Did the FMBH's actual financial results beat the analysts' financial forecasts?
Based on First Mid Bancshares's last annual report (Dec 2023), the company's revenue was $386.95M, beating the average analysts forecast of $276.18M by 40.11%. Apple's EBITDA was $88.4M, missing the average prediction of $105.47M by -16.18%. The company's net income was $68.94M, beating the average estimation of $66.15M by 4.21%. Apple's SG&A was $3M, missing the average forecast of $103.47M by -97.10%. Lastly, the company's EPS was $3.15, beating the average prediction of $2.9 by 8.55%. In terms of the last quarterly report (Dec 2023), First Mid Bancshares's revenue was $111.7M, beating the average analysts' forecast of $78.42M by 42.43%. The company's EBITDA was $21.65M, missing the average prediction of $28.27M by -23.40%. First Mid Bancshares's net income was $18.07M, missing the average estimation of $19.12M by -5.48%. The company's SG&A was $679K, missing the average forecast of $28.58M by -97.62%. Lastly, the company's EPS was $0.76, missing the average prediction of $0.797 by -4.60%