Stock Price & Analysis

Analyst Ratings Overview: Recent ratings for First Mid Bancshares show a mix of bullish and bearish sentiments, with an average 12-month price target of $45.00, reflecting a 4.65% increase from previous estimates.

Financial Performance Insights: The company has achieved a revenue growth rate of 9.69%, but its net margin, return on equity, and return on assets are below industry standards, indicating challenges in profitability and asset utilization.

Earnings Report: First Mid Bancshares reported a Q4 Non-GAAP EPS of $0.87 and revenue of $85.31 million.

Analyst Rating Change: D.A. Davidson has downgraded First Mid Bancshares and TriCo Bancshares to Neutral.

Earnings Performance: Mid Penn Bancorp reported quarterly earnings of $0.71 per share, missing estimates and showing a slight decline from the previous year, while revenues exceeded expectations at $47.43 million.

Future Outlook: The company's earnings outlook is currently unfavorable, resulting in a Zacks Rank #5 (Strong Sell), indicating potential underperformance in the near future despite outperforming the market so far this year.

Upcoming Ex-Dividend Dates: WEC Energy Group Inc, Berkshire Hills Bancorp Inc, and First Mid Bancshares Inc will trade ex-dividend on 11/14/24, with respective dividends of $0.835, $0.18, and $0.24 to be paid shortly after.

Market Impact and Dividend Yields: Following the ex-dividend date, shares are expected to drop approximately 0.85% for WEC, 0.57% for BHLB, and 0.56% for FMBH, while estimated annual yields are projected at 3.38%, 2.28%, and 2.22% respectively.