The First Bancshares, Inc. (NASDAQ:FBMS) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, October 12th.
The First Bancshares, Inc. (FBMS) opened at 30.35 on Wednesday. The First Bancshares, Inc. has a one year low of $17.10 and a one year high of $30.85. The firm has a market cap of $277.55 million, a price-to-earnings ratio of 30.05 and a beta of -0.29. The stock’s 50 day moving average price is $28.96 and its 200-day moving average price is $28.13.
An institutional investor recently bought a new position in The First Bancshares stock. State Street Corp purchased a new position in shares of The First Bancshares, Inc. (NASDAQ:FBMS) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 95,350 shares of the bank’s stock, valued at approximately $2,633,000. State Street Corp owned about 1.04% of The First Bancshares as of its most recent SEC filing. 57.90% of the stock is currently owned by hedge funds and other institutional investors.
Separately, Keefe, Bruyette & Woods reissued a “buy” rating and set a $32.00 price target on shares of The First Bancshares in a research report on Tuesday, October 3rd.
The First Bancshares Company Profile
The First Bancshares, Inc is a bank holding company for The First, A National Banking Association (the Bank). The Company and the Bank engage in a general commercial and retail banking business for small to medium-sized businesses, professional concerns and individuals. The Bank provides a range of banking services in its primary market area of South Mississippi, South Alabama and Louisiana.
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