First Mid-Illinois Bancshares (FMBH) Given Daily Media Impact Rating of 0.09
News articles about First Mid-Illinois Bancshares (NASDAQ:FMBH) have trended somewhat positive this week, Accern Sentiment reports. The research group identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. First Mid-Illinois Bancshares earned a news impact score of 0.09 on Accern’s scale. Accern also gave media stories about the bank an impact score of 45.1938847085492 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Shares of First Mid-Illinois Bancshares (FMBH) traded up 0.90% during trading on Thursday, reaching $34.68. 10,271 shares of the company were exchanged. The stock has a market capitalization of $433.95 million, a P/E ratio of 15.65 and a beta of -0.08. The stock has a 50-day moving average of $35.15 and a 200 day moving average of $34.02. First Mid-Illinois Bancshares has a 52-week low of $24.32 and a 52-week high of $37.78.
First Mid-Illinois Bancshares (NASDAQ:FMBH) last announced its quarterly earnings data on Thursday, July 27th. The bank reported $0.66 EPS for the quarter, topping the Zacks’ consensus estimate of $0.56 by $0.10. The firm had revenue of $31.92 million during the quarter, compared to analyst estimates of $29.90 million. First Mid-Illinois Bancshares had a return on equity of 9.16% and a net margin of 22.04%. On average, equities analysts anticipate that First Mid-Illinois Bancshares will post $2.38 earnings per share for the current fiscal year.
Several equities analysts have recently commented on the stock. Zacks Investment Research lowered shares of First Mid-Illinois Bancshares from a “buy” rating to a “hold” rating in a research report on Tuesday, August 22nd. BidaskClub upgraded shares of First Mid-Illinois Bancshares from a “sell” rating to a “hold” rating in a research report on Thursday, August 3rd. Finally, DA Davidson assumed coverage on shares of First Mid-Illinois Bancshares in a research report on Friday, June 9th. They issued a “neutral” rating and a $37.00 target price for the company.
In other news, insider Laurel G. Allenbaugh sold 960 shares of the business’s stock in a transaction dated Monday, August 21st. The stock was sold at an average price of $34.35, for a total transaction of $32,976.00. Following the completion of the transaction, the insider now directly owns 3,062 shares in the company, valued at approximately $105,179.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Steven L. Grissom sold 1,100 shares of the business’s stock in a transaction dated Tuesday, June 20th. The stock was sold at an average price of $37.00, for a total value of $40,700.00. Following the transaction, the director now owns 69,796 shares of the company’s stock, valued at $2,582,452. The disclosure for this sale can be found here. Over the last quarter, insiders sold 17,060 shares of company stock valued at $612,544. Corporate insiders own 20.30% of the company’s stock.
About First Mid-Illinois Bancshares
First Mid-Illinois Bancshares, Inc is a financial holding company. The Company is engaged in the business of banking through its subsidiaries, First Mid-Illinois Bank & Trust, N.A. (First Mid Bank) and First Clover Leaf Bank, N.A. (First Clover Leaf Bank). The Company provides data processing services to affiliates through another subsidiary, Mid-Illinois Data Services, Inc (MIDS).
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