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 -7.97% downside from FMBH’s last price of $41.29) and a rating consensus of 'Buy', based on 3 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 3 Wall Street analysts in the past 3 months, with a price target range of $38.00 to $38.00. This represents a potential -7.97% downside from FMBH's last price of $41.29.
FMBH Analyst Ratings
According to 3 Wall Street analysts, First Mid Bancshares's rating consensus is 'Buy'. The analyst rating breakdown for FMBH stock is 1 'Strong Buy' (33.33%), 2 'Buy' (66.67%), 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% | -7.97% |
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 -7.97% decrease from FMBH last price ($41.29).
First Mid Bancshares Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $38.00 |
| Last Closing Price | $41.29 | $41.29 | $41.29 |
| Upside/Downside | -100.00% | -100.00% | -7.97% |
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 $41.29. 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 |
|---|---|---|---|---|
| Nov 01, 2024 | Stephens | Overweight | Overweight | Hold |
| 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 Stephens on Nov 01, 2024. The company gave FMBH a "Overweight" 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 | $91.95M | $89.15M | $89.75M | $90.55M | $86.53M | $84.73M | $84.40M | $85.63M | $82.78M | $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 | $92.85M | $90.02M | $90.63M | $91.44M | $87.38M | $85.56M | $85.23M | $85.84M | $82.94M | $81.84M | $78.32M | $81.23M | $78.52M | $72.04M | $63.21M | $66.30M | $69.83M | $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 | $90.41M | $87.65M | $88.24M | $89.03M | $85.08M | $83.31M | $82.98M | $85.43M | $82.63M | $79.69M | $78.32M | $79.09M | $78.32M | $66.81M | $61.55M | $64.56M | $68.00M | $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 | 4 | 4 | 2 | 1 | 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 $79.09M, and a high forecast of $81.23M. 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 | 4 | 4 | 2 | 1 | 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 | $35.15M | $34.08M | $34.31M | $34.61M | $33.08M | $32.39M | $32.26M | $32.74M | $31.65M | $30.98M | $29.94M | $32.55M | $29.98M | $26.57M | $23.93M | $29.59M | $32.14M | $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 | $35.49M | $34.41M | $34.64M | $34.95M | $33.40M | $32.71M | $32.58M | $32.81M | $31.70M | $31.29M | $29.94M | $39.06M | $30.02M | $27.54M | $24.16M | $35.51M | $38.57M | $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 | $34.56M | $33.51M | $33.73M | $34.03M | $32.52M | $31.85M | $31.72M | $32.66M | $31.59M | $30.46M | $29.94M | $26.04M | $29.94M | $25.54M | $23.53M | $23.67M | $25.71M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | 0.72% | 0.87% | 0.95% | 1.59% | 1.32% | 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 | 4 | 4 | 2 | 1 | 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 | $23.27M | $21.83M | $22.55M | $22.55M | $20.97M | $20.01M | $20.70M | $21.35M | $19.74M | $20.15M | $18.99M | $18.86M | $19.11M | $12.20M | $17.67M | $17.15M | $18.11M | $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 | $23.56M | $22.11M | $22.84M | $22.84M | $21.24M | $20.27M | $20.96M | $21.82M | $20.22M | $20.41M | $18.99M | $22.64M | $19.57M | $14.57M | $17.90M | $20.58M | $21.73M | $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 | $22.76M | $21.35M | $22.06M | $22.06M | $20.52M | $19.58M | $20.25M | $20.65M | $18.78M | $19.71M | $18.98M | $15.09M | $18.65M | $9.29M | $17.29M | $13.72M | $14.49M | $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% | 1.14% | 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 | 4 | 4 | 2 | 1 | 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 | $35.67M | $34.58M | $34.81M | $35.12M | $33.56M | $32.87M | $32.74M | $33.22M | $32.11M | $31.44M | $30.38M | $29.42M | $30.42M | $26.96M | $24.28M | $26.74M | $24.80M | $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 | $36.01M | $34.92M | $35.15M | $35.47M | $33.89M | $33.19M | $33.06M | $33.29M | $32.17M | $31.74M | $30.38M | $35.30M | $30.46M | $27.94M | $24.52M | $32.09M | $29.77M | $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 | $35.07M | $34.00M | $34.23M | $34.53M | $33.00M | $32.31M | $32.19M | $33.14M | $32.05M | $30.91M | $30.38M | $23.53M | $30.38M | $25.91M | $23.87M | $21.39M | $19.84M | $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% | 1.00% | 1.05% | 1.02% | 1.00% | 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 | 4 | 4 | 2 | 1 | 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 | $0.97 | $0.91 | $0.94 | $0.94 | $0.87 | $0.83 | $0.86 | $0.89 | $0.82 | $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 | $0.98 | $0.92 | $0.95 | $0.95 | $0.89 | $0.84 | $0.87 | $0.91 | $0.84 | $0.85 | $0.79 | $0.85 | $0.82 | $0.61 | $0.75 | $0.87 | $0.96 | $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 | $0.95 | $0.89 | $0.92 | $0.92 | $0.86 | $0.82 | $0.84 | $0.86 | $0.78 | $0.82 | $0.79 | $0.85 | $0.78 | $0.39 | $0.72 | $0.84 | $0.92 | $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 | $37.17 | $42.00 | 12.99% | Buy |
| FFNW | First Financial Northwest | $22.25 | $23.50 | 5.62% | Hold |
| FNWB | First Northwest Bancorp | $10.50 | $11.00 | 4.76% | Hold |
| HBCP | Home Bancorp | $48.43 | $50.00 | 3.24% | Buy |
| HFWA | Heritage Financial | $25.59 | $26.00 | 1.60% | Hold |
| FINW | FinWise Bancorp | $17.77 | $18.00 | 1.29% | Buy |
| GSBC | Great Southern Bancorp | $61.69 | $62.00 | 0.50% | Hold |
| EFSC | Enterprise Financial Services | $58.82 | $58.67 | -0.26% | Buy |
| FMBH | First Mid Bancshares | $41.29 | $38.00 | -7.97% | Buy |
| FCCO | First Community | $24.42 | $21.00 | -14.00% | Buy |