Should I buy or sell First Guaranty Bancshares stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Guaranty Bancshares in the last year. There are currently 1 sell rating for the stock. The consensus among Wall Street analysts is that investors should "sell" FGBI shares. View FGBI analyst ratings or view top-rated stocks .

What is First Guaranty Bancshares' stock price target for 2024?

1 Wall Street research analysts have issued 12-month price targets for First Guaranty Bancshares' stock. Their FGBI share price targets range from $9.50 to $13.00. On average, they predict the company's share price to reach $11.25 in the next year. This suggests a possible upside of 1.2% from the stock's current price. View analysts price targets for FGBI or view top-rated stocks among Wall Street analysts .

How have FGBI shares performed in 2023?

First Guaranty Bancshares' stock was trading at $23.45 at the beginning of the year. Since then, FGBI shares have decreased by 52.6% and is now trading at $11.12. View the best growth stocks for 2023 here .

When is First Guaranty Bancshares' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 30th 2024. View our FGBI earnings forecast .

How were First Guaranty Bancshares' earnings last quarter?

First Guaranty Bancshares, Inc. (NASDAQ:FGBI) issued its earnings results on Tuesday, October, 31st. The bank reported $0.10 EPS for the quarter, missing the consensus estimate of $0.16 by $0.06. The bank earned $22.93 million during the quarter, compared to analyst estimates of $23.51 million. First Guaranty Bancshares had a net margin of 6.86% and a trailing twelve-month return on equity of 6.16%.

How often does First Guaranty Bancshares pay dividends? What is the dividend yield for First Guaranty Bancshares?

First Guaranty Bancshares announced a quarterly dividend on Thursday, November 16th. Investors of record on Friday, December 22nd will be given a dividend of $0.16 per share on Friday, December 29th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 5.76%. The ex-dividend date is Thursday, December 21st. Read our dividend analysis for FGBI .

Is First Guaranty Bancshares a good dividend stock?

First Guaranty Bancshares (NASDAQ:FGBI) pays an annual dividend of $0.64 per share and currently has a dividend yield of 5.76%. FGBI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 65.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, FGBI will have a dividend payout ratio of 120.75% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for FGBI .

What other stocks do shareholders of First Guaranty Bancshares own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First Guaranty Bancshares investors own include Consolidated Edison (ED) , Enterprise Products Partners (EPD) , Energy Transfer (ET) , General Motors (GM) , International Business Machines (IBM) , Pfizer (PFE) , Teekay LNG Partners (TGP) , AbbVie (ABBV) , Algonquin Power & Utilities (AQN) and BCE (BCE) .

When did First Guaranty Bancshares IPO?

(FGBI) raised $92 million in an initial public offering on Friday, December 19th 2014. The company issued 4,600,000 shares at a price of $19.00-$21.00 per share. Raymond James served as the underwriter for the IPO and Keefe, Bruyette & Woods (A Stifel Company) and Sterne Agee were co-managers.

How do I buy shares of First Guaranty Bancshares?

Shares of FGBI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:FGBI

First Guaranty Bancshares (FGBI) Stock Price, News & Analysis

$11.12

0.00 (0.00%)

(As of 12/29/2023 ET)

Compare

Today's Range: $11.03
▼
$11.38
50-Day Range: $9.30
▼
$11.95
52-Week Range: $9.24
▼
$24.12

Volume: 3,479 shs
Average Volume: 11,404 shs
Market Capitalization: $127.10 million

P/E Ratio: 11.35
Dividend Yield: 5.76%
Price Target: $11.25

First Guaranty Bancshares MarketRank™ Stock Analysis

Analyst Rating: Sell
1.00 Rating Score
Upside/Downside: 1.2% Upside
$11.25 Price Target
Short Interest: Healthy
0.32% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -0.71
Upright™ Environmental Score
News Sentiment: -0.15
Based on 7 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -20.90%
From $0.67 to $0.53 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.66 out of 5 stars

Finance Sector

726th out of 867 stocks

Federal Savings Institutions Industry

29th out of 36 stocks

0.5

Analyst's Opinion

Consensus Rating
First Guaranty Bancshares has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $11.25, First Guaranty Bancshares has a forecasted upside of 1.2% from its current price of $11.12.
Amount of Analyst Coverage
First Guaranty Bancshares has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.32% of the float of First Guaranty Bancshares has been sold short.
Short Interest Ratio / Days to Cover
First Guaranty Bancshares has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in First Guaranty Bancshares has recently increased by 5.81%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Leadership
First Guaranty Bancshares is a leading dividend payer. It pays a dividend yield of 5.76%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
First Guaranty Bancshares does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of First Guaranty Bancshares is 65.31%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on EPS estimates, First Guaranty Bancshares will have a dividend payout ratio of 120.75% in the coming year. This indicates that First Guaranty Bancshares may not be able to sustain their current dividend.

3.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
First Guaranty Bancshares has received a 30.78% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Cash withdrawal services", "Mortgages provided by brick and mortar banks", "Consumer savings accounts provided by brick and mortar banks", "Commercial deposit accounts", "Wire transfer services", and "Consumer transaction accounts provided by brick and mortar banks" products. See details.
Environmental Sustainability
The Environmental Impact score for First Guaranty Bancshares is -0.71.

1.0

News and Social Media Coverage

News Sentiment
First Guaranty Bancshares has a news sentiment score of -0.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.68 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for First Guaranty Bancshares this week, compared to 0 articles on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, First Guaranty Bancshares insiders have not sold or bought any company stock.
Percentage Held by Insiders
42.80% of the stock of First Guaranty Bancshares is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 26.41% of the stock of First Guaranty Bancshares is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for First Guaranty Bancshares are expected to decrease by -20.90% in the coming year, from $0.67 to $0.53 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of First Guaranty Bancshares is 11.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 109.03.
Price to Earnings Ratio vs. Sector
The P/E ratio of First Guaranty Bancshares is 11.35, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 30.18.
Price to Book Value per Share Ratio
First Guaranty Bancshares has a P/B Ratio of 0.59. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About First Guaranty Bancshares Stock (NASDAQ:FGBI)

First Guaranty Bancshares, Inc. operates as the holding company for First Guaranty Bank that provides commercial banking services in Louisiana and Texas. It offers various deposit products, including personal and business checking, savings, money market, and demand accounts, as well as time deposits to consumers, small businesses, and municipalities. The company also provides loans, such as non-farm, non-residential loans secured by real estate, commercial and industrial loans, one- to four-family residential loans, multifamily loans, construction and land development loans, agricultural loans, farmland loans, and consumer and other loans to small to medium-sized businesses and professionals, and individuals. In addition, it offers a range of consumer services, including credit cards, mobile deposit capture, safe deposit boxes, official checks, online and mobile banking, automated teller machines, and online bill pay; provides additional solutions, such as merchant services, remote deposit capture, and lockbox services to business customers; and invests a portion of its assets in securities issued by the United States Government and its agencies, state and municipal obligations, corporate debt securities, mutual funds, and equity securities, as well as invests in mortgage-backed securities primarily issued or guaranteed by United States Government agencies or enterprises. First Guaranty Bancshares, Inc. was founded in 1934 and is headquartered in Hammond, Louisiana.

FGBI Stock Price History

30 days | 90 days | 365 days | Advanced Chart

FGBI Stock News Headlines

December 29, 2023 | americanbankingnews.com

FY2024 EPS Estimates for First Guaranty Bancshares, Inc. Decreased by Analyst (NASDAQ:FGBI)

December 18, 2023 | finance.yahoo.com

FVCBankcorp (FVCB) Soars 5.9%: Is Further Upside Left in the Stock?

December 31, 2023 | MarketBeat Internal (Ad)

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December 16, 2023 | finance.yahoo.com

Don't Race Out To Buy First Guaranty Bancshares, Inc. (NASDAQ:FGBI) Just Because It's Going Ex-Dividend

December 13, 2023 | morningstar.com

First Guaranty Bancshares Inc FGBI

December 13, 2023 | finance.yahoo.com

First Guaranty Bancshares (NASDAQ:FGBI) Has Announced A Dividend Of $0.16

November 29, 2023 | benzinga.com

Navigating Challenges and Investor Rewards: Landmark Bancorp Ensures Steady Distribution amidst Changing Profits

November 24, 2023 | finance.yahoo.com

First Guaranty Bancshares (NASDAQ:FGBI) Is Due To Pay A Dividend Of $0.16

December 31, 2023 | MarketBeat Internal (Ad)

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November 21, 2023 | finance.yahoo.com

First Guaranty Bancshares, Inc. Declares 122nd Consecutive Quarterly Cash Dividend to Shareholders

November 9, 2023 | msn.com

Piper Sandler Downgrades First Guaranty Bancshares (FGBI)

November 8, 2023 | markets.businessinsider.com

First Guaranty's Stock Downgraded: Sluggish Profitability And TCE Ratio Decline Raise Alarms

October 31, 2023 | finance.yahoo.com

First Guaranty Bancshares, Inc. Announces Third Quarter 2023 Results

October 23, 2023 | finance.yahoo.com

First Guaranty Bancshares, Inc. Declares 4th Quarter 2023 Preferred Stock Dividend

October 19, 2023 | finance.yahoo.com

First Guaranty Bancshares (NASDAQ:FGBI) shareholders have endured a 51% loss from investing in the stock a year ago

September 6, 2023 | msn.com

First Guaranty Bancshares: Too Much Risk For The 9% Preferred Shares

August 25, 2023 | finance.yahoo.com

First Guaranty Bancshares (NASDAQ:FGBI) Has Affirmed Its Dividend Of $0.16

August 9, 2023 | finance.yahoo.com

First Guaranty Bancshares, Inc. Announces Second Quarter 2023 Results

July 28, 2023 | finance.yahoo.com

First Guaranty Bancshares, Inc. (NASDAQ:FGBI) most popular amongst retail investors who own 40%, insiders hold 31%

July 12, 2023 | msn.com

DA Davidson Maintains First Guaranty Bancshares (FGBI) Neutral Recommendation

July 12, 2023 | markets.businessinsider.com

D.A. Davidson Reaffirms Their Hold Rating on First Guaranty Bancshares (FGBI)

July 11, 2023 | markets.businessinsider.com

Analysts Have Conflicting Sentiments on These Financial Companies: First Guaranty Bancshares (FGBI) and Skyward Specialty Insurance Group, Inc. (SKWD)

June 21, 2023 | seekingalpha.com

First Guaranty Bancshares goes ex dividend tomorrow

June 21, 2023 | finance.yahoo.com

Strength Seen in First Guaranty Bancshares (FGBI): Can Its 6.6% Jump Turn into More Strength?

June 19, 2023 | msn.com

Wednesday Is Your Last Chance To Buy First Guaranty Bancshares Before The Dividend Payout

June 17, 2023 | finance.yahoo.com

Why You Might Be Interested In First Guaranty Bancshares, Inc. (NASDAQ:FGBI) For Its Upcoming Dividend

June 7, 2023 | finance.yahoo.com

Adjournment of Lone Star Bank Special Meeting of Shareholders Until July 11, 2023

See More Headlines

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Company Calendar

Last Earnings: 10/31/2023
Ex-Dividend for 12/29 Dividend: 12/21/2023
Dividend Payable: 12/29/2023
Today: 12/31/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 1/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Federal savings institutions
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:FGBI
CUSIP: N/A
CIK: 1408534
Web: www.fgb.net
Phone: (985) 345-7685
Fax: 985-375-0355
Employees: 465
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $11.25
High Stock Price Target: $13.00
Low Stock Price Target: $9.50
Potential Upside/Downside: +1.2%
Consensus Rating: Sell
Rating Score (0-4): 1.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.98
Trailing P/E Ratio: 11.35
Forward P/E Ratio: 16.60
P/E Growth: N/A
Net Income: $28.88 million
Net Margins: 6.86%
Pretax Margin: 9.19%
Return on Equity: 6.16%
Return on Assets: 0.38%

Debt

Debt-to-Equity Ratio: 0.96
Current Ratio: 0.97
Quick Ratio: 0.97

Sales & Book Value

Annual Sales: $147.59 million
Price / Sales: 0.86
Cash Flow: $3.24 per share
Price / Cash Flow: 3.43
Book Value: $18.84 per share
Price / Book: 0.59

Miscellaneous

Outstanding Shares: 11,430,000
Free Float: 6,539,000
Market Cap: $127.10 million
Optionable: Not Optionable
Beta: 0.31

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Key Executives

Mr. Alton B. Lewis Jr. (Age 74)
Vice Chairman, President & CEO
Comp: $497.52k
Mr. Eric John Dosch (Age 44)
Treasurer, Secretary & CFO
Comp: $188.12k
Ms. Amanda Wood Barnett J.D. (Age 59)
Senior VP & General Counsel
Mr. Michael Ray Mineer (Age 56)
Kentucky & West Virginia Area President
Kevin J. Foster
Senior VP & Regional Manager Denham Springs
Gregory P. Prudhomme
Senior VP & Regional Manager of Central Louisiana

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

FGBI Stock Analysis - Frequently Asked Questions

Should I buy or sell First Guaranty Bancshares stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Guaranty Bancshares in the last year. There are currently 1 sell rating for the stock. The consensus among Wall Street analysts is that investors should "sell" FGBI shares.
View FGBI analyst ratings or view top-rated stocks.
What is First Guaranty Bancshares' stock price target for 2024?: 1 Wall Street research analysts have issued 12-month price targets for First Guaranty Bancshares' stock. Their FGBI share price targets range from $9.50 to $13.00. On average, they predict the company's share price to reach $11.25 in the next year. This suggests a possible upside of 1.2% from the stock's current price.
View analysts price targets for FGBI or view top-rated stocks among Wall Street analysts.
How have FGBI shares performed in 2023?: First Guaranty Bancshares' stock was trading at $23.45 at the beginning of the year. Since then, FGBI shares have decreased by 52.6% and is now trading at $11.12.
View the best growth stocks for 2023 here.
When is First Guaranty Bancshares' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 30th 2024.
View our FGBI earnings forecast.
How were First Guaranty Bancshares' earnings last quarter?: First Guaranty Bancshares, Inc. (NASDAQ:FGBI) issued its earnings results on Tuesday, October, 31st. The bank reported $0.10 EPS for the quarter, missing the consensus estimate of $0.16 by $0.06. The bank earned $22.93 million during the quarter, compared to analyst estimates of $23.51 million. First Guaranty Bancshares had a net margin of 6.86% and a trailing twelve-month return on equity of 6.16%.
How often does First Guaranty Bancshares pay dividends? What is the dividend yield for First Guaranty Bancshares?: First Guaranty Bancshares announced a quarterly dividend on Thursday, November 16th. Investors of record on Friday, December 22nd will be given a dividend of $0.16 per share on Friday, December 29th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 5.76%. The ex-dividend date is Thursday, December 21st.
Read our dividend analysis for FGBI.

Is First Guaranty Bancshares a good dividend stock?: First Guaranty Bancshares (NASDAQ:FGBI) pays an annual dividend of $0.64 per share and currently has a dividend yield of 5.76%. FGBI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 65.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, FGBI will have a dividend payout ratio of 120.75% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for FGBI.
What other stocks do shareholders of First Guaranty Bancshares own?: Based on aggregate information from My MarketBeat watchlists, some companies that other First Guaranty Bancshares investors own include Consolidated Edison (ED), Enterprise Products Partners (EPD), Energy Transfer (ET), General Motors (GM), International Business Machines (IBM), Pfizer (PFE), Teekay LNG Partners (TGP), AbbVie (ABBV), Algonquin Power & Utilities (AQN) and BCE (BCE).
When did First Guaranty Bancshares IPO?: (FGBI) raised $92 million in an initial public offering on Friday, December 19th 2014. The company issued 4,600,000 shares at a price of $19.00-$21.00 per share. Raymond James served as the underwriter for the IPO and Keefe, Bruyette & Woods (A Stifel Company) and Sterne Agee were co-managers.
How do I buy shares of First Guaranty Bancshares?: Shares of FGBI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:FGBI) was last updated on 12/31/2023 by MarketBeat.com Staff

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