News coverage about First Guaranty Bancshares (NASDAQ:FGBI) has trended somewhat positive on Wednesday, 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. First Guaranty Bancshares earned a news sentiment score of 0.09 on Accern’s scale. Accern also gave news articles about the bank an impact score of 45.1339730770319 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.
Several equities analysts recently issued reports on the stock. BidaskClub upgraded shares of First Guaranty Bancshares from a “sell” rating to a “hold” rating in a research report on Tuesday, December 12th. ValuEngine cut shares of First Guaranty Bancshares from a “buy” rating to a “hold” rating in a research report on Friday, December 1st.
Shares of First Guaranty Bancshares (NASDAQ FGBI) traded up $0.55 during midday trading on Wednesday, hitting $25.55. 8,800 shares of the company traded hands, compared to its average volume of 12,450. The stock has a market capitalization of $220.20, a PE ratio of 17.46 and a beta of 0.66. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.75 and a quick ratio of 0.75. First Guaranty Bancshares has a one year low of $21.52 and a one year high of $29.95.
First Guaranty Bancshares (NASDAQ:FGBI) last announced its quarterly earnings data on Monday, October 30th. The bank reported $0.38 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.39 by ($0.01). First Guaranty Bancshares had a return on equity of 9.29% and a net margin of 17.30%.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Shareholders of record on Tuesday, December 19th were issued a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 2.50%. The ex-dividend date of this dividend was Monday, December 18th. First Guaranty Bancshares’s dividend payout ratio (DPR) is presently 43.73%.
In other First Guaranty Bancshares news, Director William K. Hood acquired 18,987 shares of the business’s stock in a transaction on Thursday, December 7th. The shares were acquired at an average price of $29.00 per share, for a total transaction of $550,623.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director William K. Hood acquired 3,285 shares of the business’s stock in a transaction on Wednesday, November 1st. The stock was acquired at an average price of $27.00 per share, for a total transaction of $88,695.00. The disclosure for this purchase can be found here. 42.70% of the stock is currently owned by corporate insiders.
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First Guaranty Bancshares Company Profile
First Guaranty Bancshares, Inc is a bank holding company. The Company operates through its owned subsidiary, First Guaranty Bank (the Bank). The Bank offers personalized commercial banking services to Louisiana customers, through approximately 20 banking facilities located in the Market Services Areas (MSAs).
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