Somewhat Positive News Coverage Somewhat Unlikely to Impact First Mid-Illinois Bancshares (FMBH) Stock Price

News coverage about First Mid-Illinois Bancshares (NASDAQ:FMBH) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. First Mid-Illinois Bancshares earned a news sentiment score of 0.12 on Accern’s scale. Accern also gave news headlines about the bank an impact score of 46.5632229033133 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

A number of equities research analysts recently issued reports on the stock. Sandler O’Neill assumed coverage on shares of First Mid-Illinois Bancshares in a research note on Thursday. They issued a “buy” rating and a $41.00 price target on the stock. Zacks Investment Research cut shares of First Mid-Illinois Bancshares from a “hold” rating to a “strong sell” rating in a research note on Monday, April 2nd. BidaskClub raised shares of First Mid-Illinois Bancshares from a “hold” rating to a “buy” rating in a research note on Thursday, March 22nd. Finally, DA Davidson raised shares of First Mid-Illinois Bancshares from a “neutral” rating to a “buy” rating and set a $37.00 price target on the stock in a research note on Friday, February 9th.

How to Become a New Pot Stock Millionaire

First Mid-Illinois Bancshares stock traded down $0.61 during trading on Friday, reaching $36.21. The company had a trading volume of 50,485 shares, compared to its average volume of 23,891. First Mid-Illinois Bancshares has a 1-year low of $31.05 and a 1-year high of $42.03. The stock has a market capitalization of $466.66, a P/E ratio of 16.17, a P/E/G ratio of 1.57 and a beta of 0.08. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.83 and a current ratio of 0.83.

First Mid-Illinois Bancshares (NASDAQ:FMBH) last released its quarterly earnings results on Thursday, January 25th. The bank reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.11). First Mid-Illinois Bancshares had a net margin of 20.54% and a return on equity of 9.28%. The company had revenue of $30.69 million during the quarter, compared to analyst estimates of $30.80 million. sell-side analysts predict that First Mid-Illinois Bancshares will post 2.6 EPS for the current year.

ILLEGAL ACTIVITY NOTICE: This piece was first published by Ticker Report and is the property of of Ticker Report. If you are accessing this piece on another publication, it was copied illegally and reposted in violation of United States & international copyright law. The correct version of this piece can be read at https://www.tickerreport.com/banking-finance/3338946/somewhat-positive-news-coverage-somewhat-unlikely-to-impact-first-mid-illinois-bancshares-fmbh-stock-price.html.

First Mid-Illinois Bancshares Company Profile

First Mid-Illinois Bancshares, Inc, through its subsidiaries, provides community banking products and services to commercial, retail, and agricultural customers in the United States. The company accepts various deposit products, such as demand deposits, savings accounts, NOW accounts, money market deposits, and time deposits.

Insider Buying and Selling by Quarter for First Mid-Illinois Bancshares (NASDAQ:FMBH)

Receive News & Ratings for First Mid-Illinois Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Mid-Illinois Bancshares and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Head-To-Head Analysis: Omni Lite Industries Canada  vs. Park-Ohio
Head-To-Head Analysis: Omni Lite Industries Canada vs. Park-Ohio
Reviewing Caladrius Biosciences  & Tivity Health
Reviewing Caladrius Biosciences & Tivity Health
Comparing Pacific Ethanol  and Its Peers
Comparing Pacific Ethanol and Its Peers
Somewhat Positive Media Coverage Somewhat Unlikely to Affect Capital Product Partners  Share Price
Somewhat Positive Media Coverage Somewhat Unlikely to Affect Capital Product Partners Share Price
Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Del Taco Restaurants  Share Price
Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Del Taco Restaurants Share Price
Blue Apron  Receiving Somewhat Favorable Press Coverage, Report Shows
Blue Apron Receiving Somewhat Favorable Press Coverage, Report Shows


© 2006-2018 Ticker Report. Google+.