The First Bancshares (NASDAQ:FBMS) Earning Somewhat Favorable Media Coverage, Study Shows

News coverage about The First Bancshares (NASDAQ:FBMS) has trended somewhat positive on Saturday, according to Accern Sentiment. The research firm identifies positive and negative news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. The First Bancshares earned a news sentiment score of 0.05 on Accern’s scale. Accern also gave news articles about the bank an impact score of 46.3601838251096 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the media stories that may have impacted Accern Sentiment’s analysis:

Several brokerages recently issued reports on FBMS. Zacks Investment Research upgraded shares of The First Bancshares from a “hold” rating to a “buy” rating and set a $35.00 price target on the stock in a research report on Tuesday, October 31st. Keefe, Bruyette & Woods restated a “buy” rating and issued a $32.00 price objective on shares of The First Bancshares in a report on Tuesday, October 3rd.

Shares of The First Bancshares (NASDAQ FBMS) traded up $0.35 on Friday, reaching $32.75. 39,142 shares of the company’s stock were exchanged, compared to its average volume of 49,653. The stock has a market capitalization of $366.55, a PE ratio of 20.00 and a beta of -0.24. The company has a current ratio of 0.86, a quick ratio of 0.85 and a debt-to-equity ratio of 0.63. The First Bancshares has a twelve month low of $24.05 and a twelve month high of $33.85.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 22nd. Shareholders of record on Friday, November 3rd were issued a $0.0375 dividend. This represents a $0.15 dividend on an annualized basis and a yield of 0.46%. The ex-dividend date of this dividend was Thursday, November 2nd. The First Bancshares’s dividend payout ratio (DPR) is presently 13.04%.

In other The First Bancshares news, Director J Douglas Seidenburg acquired 3,000 shares of the business’s stock in a transaction on Tuesday, October 31st. The shares were acquired at an average price of $29.00 per share, for a total transaction of $87,000.00. Following the completion of the acquisition, the director now owns 100,740 shares in the company, valued at $2,921,460. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. In the last 90 days, insiders acquired 4,250 shares of company stock worth $123,250. Corporate insiders own 11.76% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for The First Bancshares (NASDAQ:FBMS)

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