Primis Financial (FRST) Stock Forecast, Price Target & Predictions
FRST Stock Forecast
Primis Financial stock forecast is as follows: an average price target of $14.00 (represents a 12.81% upside from FRST’s last price of $12.41) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.
FRST Price Target
The average price target for Primis Financial (FRST) is $14.00 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $14.00 to $14.00. This represents a potential 12.81% upside from FRST's last price of $12.41.
FRST Analyst Ratings
According to 4 Wall Street analysts, Primis Financial's rating consensus is 'Buy'. The analyst rating breakdown for FRST stock is 0 'Strong Buy' (0.00%), 4 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Primis Financial Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 30, 2024 | Russell Gunther | Stephens | $14.00 | $11.59 | 20.79% | 12.81% |
The latest Primis Financial stock forecast, released on Oct 30, 2024 by Russell Gunther from Stephens, set a price target of $14.00, which represents a 20.79% increase from the stock price at the time of the forecast ($11.59), and a 12.81% increase from FRST last price ($12.41).
Primis Financial Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 1 |
| Avg Price Target | $14.00 | $14.00 | $14.00 |
| Last Closing Price | $12.41 | $12.41 | $12.41 |
| Upside/Downside | 12.81% | 12.81% | 12.81% |
In the current month, the average price target of Primis Financial stock is $14.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 12.81% increase as opposed to Primis Financial's last price of $12.41. This month's average price target is down 0.00% compared to last quarter, and down 0.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 30, 2024 | Stephens | Overweight | Overweight | Hold |
| Feb 01, 2023 | Bank of America Securities | - | Buy | Upgrade |
| Feb 01, 2023 | Credit Suisse | - | Outperform | Upgrade |
| Feb 01, 2023 | Piper Sandler | - | Overweight | Upgrade |
Primis Financial's last stock rating was published by Stephens on Oct 30, 2024. The company gave FRST a "Overweight" rating, the same as its previous rate.
Primis Financial Financial Forecast
Primis Financial 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 | - | - | - | - | - | - | - | - | - | - | - | - | $57.31M | $37.07M | $34.64M | $39.94M | $72.00K | $33.07M | $27.24M | $24.85M | $26.95M | $25.41M | $24.19M | $27.38M | $27.26M | $25.16M | $24.47M | $22.92M | $23.54M | $23.25M |
| Avg Forecast | $41.76M | $42.34M | $41.91M | $38.76M | $40.19M | $39.70M | $38.41M | $34.71M | $33.11M | $37.55M | $36.06M | $35.03M | $35.67M | $34.52M | $36.46M | $36.57M | $33.98M | $30.67M | $26.14M | $25.98M | $25.93M | $25.58M | $25.66M | $28.45M | $27.95M | $27.22M | $28.60M | $23.23M | $23.93M | $24.60M |
| High Forecast | $43.74M | $44.35M | $43.91M | $40.60M | $42.10M | $41.59M | $40.23M | $37.77M | $34.68M | $39.33M | $37.77M | $36.70M | $36.23M | $35.51M | $38.20M | $38.30M | $35.60M | $30.67M | $26.14M | $25.98M | $25.93M | $25.58M | $25.66M | $28.45M | $27.95M | $27.22M | $28.60M | $23.23M | $23.93M | $24.60M |
| Low Forecast | $39.77M | $40.33M | $39.92M | $36.92M | $38.28M | $37.82M | $36.58M | $31.64M | $31.54M | $35.76M | $34.34M | $33.37M | $35.11M | $33.98M | $34.73M | $34.83M | $32.37M | $30.67M | $26.14M | $25.98M | $25.93M | $25.58M | $25.66M | $28.45M | $27.95M | $27.22M | $28.60M | $23.23M | $23.93M | $24.60M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 15 | 9 | 9 | 8 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.61% | 1.07% | 0.95% | 1.09% | 0.00% | 1.08% | 1.04% | 0.96% | 1.04% | 0.99% | 0.94% | 0.96% | 0.98% | 0.92% | 0.86% | 0.99% | 0.98% | 0.94% |
Primis Financial's average Quarter revenue forecast for Mar 24 based on 1 analysts is $35.03M, with a low forecast of $33.37M, and a high forecast of $36.70M. FRST's average Quarter revenue forecast represents a -38.87% decrease compared to the company's last Quarter revenue of $57.31M (Dec 23).
Primis Financial 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 15 | 9 | 9 | 8 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $2.60M | $9.81M | $108.00K | $26.42M | $15.16M | $11.89M | $11.66M | $6.42M | $16.23M | $12.18M | $19.96M | $19.36M | $20.22M | $19.66M | $13.95M | $10.40M | $20.67M | $22.43M |
| Avg Forecast | $10.68M | $10.83M | $10.72M | $9.91M | $10.28M | $10.15M | $9.82M | $8.88M | $8.47M | $9.60M | $9.22M | $15.89M | $9.12M | $8.83M | $9.32M | $14.44M | $15.79M | $9.07M | $7.73M | $13.13M | $7.67M | $7.57M | $7.59M | $12.69M | $8.27M | $8.05M | $8.46M | $13.46M | $7.08M | $7.28M |
| High Forecast | $11.18M | $11.34M | $11.23M | $10.38M | $10.77M | $10.63M | $10.29M | $9.66M | $8.87M | $10.06M | $9.66M | $19.07M | $9.27M | $9.08M | $9.77M | $17.33M | $18.95M | $9.07M | $7.73M | $15.76M | $7.67M | $7.57M | $7.59M | $15.22M | $8.27M | $8.05M | $8.46M | $16.15M | $7.08M | $7.28M |
| Low Forecast | $10.17M | $10.31M | $10.21M | $9.44M | $9.79M | $9.67M | $9.35M | $8.09M | $8.07M | $9.15M | $8.78M | $12.71M | $8.98M | $8.69M | $8.88M | $11.55M | $12.63M | $9.07M | $7.73M | $10.50M | $7.67M | $7.57M | $7.59M | $10.15M | $8.27M | $8.05M | $8.46M | $10.77M | $7.08M | $7.28M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.28% | 1.11% | 0.01% | 1.83% | 0.96% | 1.31% | 1.51% | 0.49% | 2.12% | 1.61% | 2.63% | 1.53% | 2.45% | 2.44% | 1.65% | 0.77% | 2.92% | 3.08% |
1 analysts predict FRST's average Quarter EBITDA for Mar 24 to be $15.89M, with a high of $19.07M and a low of $12.71M. This is 511.77% upper than Primis Financial's previous annual EBITDA (Dec 23) of $2.60M.
Primis Financial 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 15 | 9 | 9 | 8 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $8.12M | $7.58M | $-188.00K | $5.78M | $3.08M | $5.05M | $5.01M | $4.59M | $7.65M | $3.94M | $10.28M | $9.38M | $8.96M | $9.59M | $4.71M | $27.00K | $8.96M | $8.86M |
| Avg Forecast | $9.89M | $10.14M | $9.89M | $8.40M | $9.89M | $7.66M | $6.18M | $3.46M | $2.72M | $10.63M | $9.64M | $6.52M | $6.92M | $4.45M | $6.18M | $5.93M | $7.45M | $6.67M | $5.18M | $5.39M | $6.01M | $6.67M | $6.42M | $6.15M | $7.57M | $5.84M | $2.96M | $34.93K | $8.39M | $8.39M |
| High Forecast | $10.50M | $10.76M | $10.50M | $8.92M | $10.50M | $8.14M | $6.56M | $5.13M | $2.89M | $11.29M | $10.24M | $7.83M | $7.91M | $4.70M | $6.56M | $7.12M | $8.93M | $6.67M | $5.18M | $6.47M | $6.01M | $6.67M | $6.42M | $7.38M | $7.57M | $5.84M | $2.96M | $41.92K | $8.39M | $8.39M |
| Low Forecast | $9.28M | $9.51M | $9.28M | $7.89M | $9.28M | $7.19M | $5.80M | $1.79M | $2.55M | $9.97M | $9.05M | $5.22M | $5.93M | $3.96M | $5.80M | $4.74M | $5.96M | $6.67M | $5.18M | $4.31M | $6.01M | $6.67M | $6.42M | $4.92M | $7.57M | $5.84M | $2.96M | $27.95K | $8.39M | $8.39M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.17% | 1.70% | -0.03% | 0.97% | 0.41% | 0.76% | 0.97% | 0.85% | 1.27% | 0.59% | 1.60% | 1.53% | 1.18% | 1.64% | 1.59% | 0.77% | 1.07% | 1.06% |
Primis Financial's average Quarter net income forecast for Mar 24 is $6.52M, with a range of $5.22M to $7.83M. FRST's average Quarter net income forecast represents a -19.66% decrease compared to the company's last Quarter net income of $8.12M (Dec 23).
Primis Financial 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 15 | 9 | 9 | 8 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $14.19M | $16.22M | $15.97M | $16.21M | $14.46M | $12.23M | $11.20M | $11.00M | $10.45M | $10.24M | $10.69M | $10.40M | $8.90M | $8.66M | $13.38M | $7.77M | $7.67M |
| Avg Forecast | $16.50M | $16.73M | $16.56M | $15.31M | $15.88M | $15.69M | $15.17M | $13.71M | $13.08M | $14.83M | $14.25M | $16.33M | $14.09M | $13.64M | $14.41M | $14.85M | $10.70M | $13.44M | $11.45M | $13.50M | $11.36M | $11.20M | $11.24M | $7.01M | $12.24M | $11.92M | $12.53M | $17.32M | $10.48M | $10.77M |
| High Forecast | $17.28M | $17.52M | $17.35M | $16.04M | $16.64M | $16.43M | $15.90M | $14.93M | $13.70M | $15.54M | $14.92M | $19.60M | $14.32M | $14.03M | $15.09M | $17.82M | $12.84M | $13.44M | $11.45M | $16.20M | $11.36M | $11.20M | $11.24M | $8.41M | $12.24M | $11.92M | $12.53M | $20.78M | $10.48M | $10.77M |
| Low Forecast | $15.72M | $15.93M | $15.77M | $14.59M | $15.13M | $14.94M | $14.45M | $12.50M | $12.46M | $14.13M | $13.57M | $13.06M | $13.87M | $13.43M | $13.72M | $11.88M | $8.56M | $13.44M | $11.45M | $10.80M | $11.36M | $11.20M | $11.24M | $5.60M | $12.24M | $11.92M | $12.53M | $13.85M | $10.48M | $10.77M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 1.13% | 1.08% | 1.51% | 1.08% | 1.07% | 0.83% | 0.97% | 0.93% | 0.91% | 1.53% | 0.85% | 0.75% | 0.69% | 0.77% | 0.74% | 0.71% |
Primis Financial's average Quarter SG&A projection for Dec 23 is $14.09M, based on 2 Wall Street analysts, with a range of $13.87M to $14.32M. The forecast indicates a -0.65% fall compared to FRST last annual SG&A of $14.19M (Sep 23).
Primis Financial 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 15 | 9 | 9 | 8 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.33 | $0.31 | $-0.01 | $0.23 | $0.13 | $0.21 | $0.20 | $0.19 | $0.31 | $0.16 | $0.42 | $0.39 | $0.37 | $0.39 | $0.19 | - | $0.37 | $0.37 |
| Avg Forecast | $0.40 | $0.41 | $0.40 | $0.34 | $0.40 | $0.31 | $0.25 | $0.14 | $0.11 | $0.43 | $0.39 | $0.34 | $0.28 | $0.18 | $0.25 | $0.29 | $0.29 | $0.27 | $0.21 | $0.23 | $0.24 | $0.27 | $0.26 | $0.29 | $0.31 | $0.24 | $0.12 | $0.33 | $0.34 | $0.34 |
| High Forecast | $0.42 | $0.44 | $0.42 | $0.36 | $0.42 | $0.33 | $0.27 | $0.21 | $0.12 | $0.46 | $0.41 | $0.34 | $0.32 | $0.19 | $0.27 | $0.30 | $0.31 | $0.27 | $0.21 | $0.23 | $0.24 | $0.27 | $0.26 | $0.29 | $0.31 | $0.24 | $0.12 | $0.33 | $0.34 | $0.34 |
| Low Forecast | $0.38 | $0.38 | $0.38 | $0.32 | $0.38 | $0.29 | $0.23 | $0.07 | $0.10 | $0.40 | $0.37 | $0.34 | $0.24 | $0.16 | $0.23 | $0.27 | $0.27 | $0.27 | $0.21 | $0.23 | $0.24 | $0.27 | $0.26 | $0.29 | $0.31 | $0.24 | $0.12 | $0.33 | $0.34 | $0.34 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.18% | 1.72% | -0.03% | 0.80% | 0.45% | 0.78% | 0.95% | 0.83% | 1.27% | 0.59% | 1.62% | 1.34% | 1.21% | 1.66% | 1.58% | 0.00% | 1.09% | 1.09% |
According to 1 Wall Street analysts, Primis Financial's projected average Quarter EPS for Mar 24 is $0.34, with a low estimate of $0.34 and a high estimate of $0.34. This represents a 2.02% increase compared to FRST previous annual EPS of $0.33 (Dec 23).