First Mid Bancshares (FMBH) Expected to Announce Quarterly Earnings on Wednesday

First Mid Bancshares (NASDAQ:FMBH) is anticipated to announce its earnings results after the market closes on Wednesday, April 30th. Analysts expect the company to announce earnings of $0.94 per share and revenue of $58.29 million for the quarter.

First Mid Bancshares Stock Performance

NASDAQ:FMBH opened at $33.56 on Tuesday. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.91 and a quick ratio of 0.91. The firm has a market capitalization of $804.84 million, a price-to-earnings ratio of 10.20 and a beta of 0.85. The company’s 50-day moving average is $34.61 and its two-hundred day moving average is $37.52. First Mid Bancshares has a 1-year low of $27.58 and a 1-year high of $43.86.

Wall Street Analyst Weigh In

Several research analysts recently commented on FMBH shares. Stephens reissued an “equal weight” rating and set a $43.00 target price on shares of First Mid Bancshares in a research note on Friday, January 24th. Hovde Group lowered their target price on First Mid Bancshares from $48.00 to $43.00 and set an “outperform” rating for the company in a research note on Friday, March 14th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $45.00.

About First Mid Bancshares

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, as well as construction and land development, 1-4 family residential properties, and multifamily residential properties loans; and other loans comprising loans to municipalities to support community projects, such as infrastructure improvements or equipment purchases.