How to buy First Mid Bancshares stock - 21 April

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How to buy First Mid Bancshares stock

Own First Mid Bancshares stock in just a few minutes.

First Mid Bancshares, Inc is a banks-regional business based in the US. First Mid Bancshares shares (FMBH) are listed on the NASDAQ and all prices are listed in US Dollars. First Mid Bancshares employs 824 staff and has a trailing 12-month revenue of around 0.00.

How to buy shares in First Mid Bancshares

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – FMBH – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

First Mid Bancshares share price

Use our graph to track the performance of FMBH stocks over time.

First Mid Bancshares shares at a glance

Information last updated 2021-04-15.
52-week range$20.43 - $44.75
50-day moving average $42.17
200-day moving average $34.31
Wall St. target price$49.00
PE ratio 15.9593
Dividend yield $0.81 (1.87%)
Earnings per share (TTM) $2.70

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy First Mid Bancshares stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is First Mid Bancshares under- or over-valued?

Valuing First Mid Bancshares stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of First Mid Bancshares's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

First Mid Bancshares's P/E ratio

First Mid Bancshares's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 16x. In other words, First Mid Bancshares shares trade at around 16x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

First Mid Bancshares's PEG ratio

First Mid Bancshares's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.88. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into First Mid Bancshares's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

First Mid Bancshares financials

Revenue TTM $170.8 million
Operating margin TTM 38.73%
Gross profit TTM $170.8 million
Return on assets TTM 1.06%
Return on equity TTM 8.27%
Profit margin 26.5%
Book value $33.94
Market capitalisation $777.3 million

TTM: trailing 12 months

Shorting First Mid Bancshares shares

There are currently 265,994 First Mid Bancshares shares held short by investors – that's known as First Mid Bancshares's "short interest". This figure is 26.2% up from 210,694 last month.

There are a few different ways that this level of interest in shorting First Mid Bancshares shares can be evaluated.

First Mid Bancshares's "short interest ratio" (SIR)

First Mid Bancshares's "short interest ratio" (SIR) is the quantity of First Mid Bancshares shares currently shorted divided by the average quantity of First Mid Bancshares shares traded daily (recently around 63331.904761905). First Mid Bancshares's SIR currently stands at 4.2. In other words for every 100,000 First Mid Bancshares shares traded daily on the market, roughly 4200 shares are currently held short.

However First Mid Bancshares's short interest can also be evaluated against the total number of First Mid Bancshares shares, or, against the total number of tradable First Mid Bancshares shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case First Mid Bancshares's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 First Mid Bancshares shares in existence, roughly 10 shares are currently held short) or 0.0161% of the tradable shares (for every 100,000 tradable First Mid Bancshares shares, roughly 16 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against First Mid Bancshares.

Find out more about how you can short First Mid Bancshares stock.

First Mid Bancshares share dividends

37%

Dividend payout ratio: 37.29% of net profits

Recently First Mid Bancshares has paid out, on average, around 37.29% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.9% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), First Mid Bancshares shareholders could enjoy a 1.9% return on their shares, in the form of dividend payments. In First Mid Bancshares's case, that would currently equate to about $0.81 per share.

While First Mid Bancshares's payout ratio might seem fairly standard, it's worth remembering that First Mid Bancshares may be investing much of the rest of its net profits in future growth.

First Mid Bancshares's most recent dividend payout was on 28 February 2021. The latest dividend was paid out to all shareholders who bought their shares by 17 February 2021 (the "ex-dividend date").

Have First Mid Bancshares's shares ever split?

First Mid Bancshares's shares were split on a 3:2 basis on 1 July 2007. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your First Mid Bancshares shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for First Mid Bancshares shares which in turn could have impacted First Mid Bancshares's share price.

First Mid Bancshares share price volatility

Over the last 12 months, First Mid Bancshares's shares have ranged in value from as little as $20.4331 up to $44.75. A popular way to gauge a stock's volatility is its "beta".

FMBH.US volatility(beta: 0.99)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while First Mid Bancshares's is 0.9917. This would suggest that First Mid Bancshares's shares are less volatile than average (for this exchange).

First Mid Bancshares overview

First Mid Bancshares, Inc. , a financial holding company, provides community banking products and services to commercial, retail, and agricultural customers in the United States. It accepts various deposit products, such as demand deposits, savings accounts, money market deposits, and time deposits. The company's loan products include commercial real estate, commercial and industrial, agricultural and agricultural real estate, residential real estate, and consumer loans; and other loans comprising loans to municipalities to support community projects, such as infrastructure improvements or equipment purchases. It also offers wealth management services, which include estate planning, investment, and farm management and brokerage services for individuals; and employee benefit services for business enterprises. In addition, the company provides property and casualty, senior insurance products, and group medical insurance for businesses; and personal lines insurance to individuals. It operates through a network of 63 banking centers in Illinois and 1 office in Missouri, as well as a loan production office in Indiana.

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