How have FRST shares performed in 2024?

Primis Financial's stock was trading at $12.66 at the beginning of 2024. Since then, FRST stock has decreased by 14.8% and is now trading at $10.79. View the best growth stocks for 2024 here .

Are investors shorting Primis Financial?

Primis Financial saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 109,200 shares, a decrease of 18.3% from the March 15th total of 133,600 shares. Based on an average trading volume of 81,100 shares, the short-interest ratio is presently 1.3 days. Approximately 0.5% of the shares of the company are sold short. View Primis Financial's Short Interest .

When is Primis Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024. View our FRST earnings forecast .

How can I listen to Primis Financial's earnings call?

Primis Financial will be holding an earnings conference call on Friday, April 26th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 609-800-9909 with passcode "4440924".

How were Primis Financial's earnings last quarter?

Primis Financial Corp. (NASDAQ:FRST) issued its earnings results on Thursday, January, 25th. The company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.07. The company had revenue of $39.24 million for the quarter, compared to analyst estimates of $36.17 million. Primis Financial had a trailing twelve-month return on equity of 5.90% and a net margin of 8.73%.

How often does Primis Financial pay dividends? What is the dividend yield for Primis Financial?

Primis Financial announced a quarterly dividend on Thursday, January 25th. Investors of record on Friday, February 9th will be given a dividend of $0.10 per share on Friday, February 23rd. This represents a $0.40 dividend on an annualized basis and a yield of 3.71%. The ex-dividend date of this dividend is Thursday, February 8th. Read our dividend analysis for FRST .

Is Primis Financial a good dividend stock?

Primis Financial (NASDAQ:FRST) pays an annual dividend of $0.40 per share and currently has a dividend yield of 3.81%. The dividend payout ratio is 46.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FRST will have a dividend payout ratio of 22.35% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for FRST .

How do I buy shares of Primis Financial?

Shares of FRST 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:FRST

Primis Financial (FRST) Stock Price, News & Analysis

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$10.80

+0.26 (+2.47%)

(As of 02:08 PM ET)

Compare

Today's Range: $10.49
▼
$10.81
50-Day Range: $10.49
▼
$12.72
52-Week Range: $7.01
▼
$13.69

Volume: 40,699 shs
Average Volume: 79,675 shs
Market Capitalization: $266.54 million

P/E Ratio: 12.56
Dividend Yield: 3.70%
Price Target: N/A

Get Primis Financial alerts:

Primis Financial MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.53% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -0.60
Upright™ Environmental Score
News Sentiment: 0.00
Based on 2 Articles This Week
Insider Trading: Acquiring Shares
$91,631 Bought Last Quarter
Proj. Earnings Growth: 14.01%
From $1.57 to $1.79 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.49 out of 5 stars

Finance Sector

73rd out of 845 stocks

State Commercial Banks Industry

21st out of 176 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Primis Financial.

5.0

Short Interest

Percentage of Shares Shorted
0.53% of the float of Primis Financial has been sold short.
Short Interest Ratio / Days to Cover
Primis Financial has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Primis Financial has recently decreased by 18.26%, indicating that investor sentiment is improving significantly.

3.3

Dividend Strength

Dividend Leadership
Primis Financial is a leading dividend payer. It pays a dividend yield of 3.81%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Primis Financial does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Primis Financial is 46.51%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Primis Financial will have a dividend payout ratio of 22.35% next year. This indicates that Primis Financial will be able to sustain or increase its dividend.

3.2

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Primis Financial has received a 34.06% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Retirement saving services", "Cash withdrawal services", "Mortgages provided by brick and mortar banks", "Mortgage loans for corporations", "Corporate debit cards", and "Home equity loans" products. See details.
Environmental Sustainability
The Environmental Impact score for Primis Financial is -0.60.

0.6

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 2 news articles for Primis Financial this week, compared to 1 article on an average week.
Search Interest
5 people have searched for FRST on MarketBeat in the last 30 days.
MarketBeat Follows
Only 3 people have added Primis Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of -57% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Primis Financial insiders have bought more of their company's stock than they have sold. Specifically, they have bought $91,631.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
11.08% of the stock of Primis Financial is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
74.96% of the stock of Primis Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Primis Financial are expected to grow by 14.01% in the coming year, from $1.57 to $1.79 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Primis Financial is 12.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.39.
Price to Earnings Ratio vs. Sector
The P/E ratio of Primis Financial is 12.55, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.71.
Price to Book Value per Share Ratio
Primis Financial has a P/B Ratio of 0.67. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Primis Financial Stock (NASDAQ:FRST)

Primis Financial Corp. operates as the bank holding company for Primis Bank that provides a range of financial services to individuals and small and medium sized businesses in the United States. Its deposit products include checking, NOW, savings, and money market accounts, as well as certificates of deposits. The company also provides commercial business and real estate, construction, secured asset based, small business administration, mortgage warehouse lending products, as well as financing for medical, dental, and veterinary businesses; residential mortgage, trust mortgage, home equity lines of credit, secured and unsecured personal, and consumer loans, as well as life insurance premium financing and demand loans. It also offers cash management services comprising investment/sweep, zero balance, and controlled disbursement accounts; and wire transfer, employer/payroll processing, night depository, depository transfer, merchant, ACH origination, and remote deposit capture services. In addition, the company provides debit cards, ATM services, notary services, and mobile and online banking. It operates full-service branches in Virginia and Maryland. The company was formerly known as Southern National Bancorp of Virginia, Inc. and changed its name to Primis Financial Corp. Primis Financial Corp. was founded in 2004 and is based in McLean, Virginia.

FRST Stock Price History

30 days | 90 days | 365 days | Advanced Chart

FRST Stock News Headlines

April 18, 2024 | prnewswire.com

Primis Financial Corp. Announces Date for First Quarter 2024 Earnings Release and Conference Call

April 9, 2024 | finance.yahoo.com

Primis Financial Corp. Announces Notification of Delinquency with Nasdaq

April 19, 2024 | Gold Safe Exchange (Ad)

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Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 9, 2024 | prnewswire.com

Primis Financial Corp. Announces Notification of Delinquency with Nasdaq

March 14, 2024 | fool.com

Primis Bank Review: Excellent APYs and Unique Perks

February 25, 2024 | finance.yahoo.com

Positive Signs As Multiple Insiders Buy Primis Financial Stock

February 22, 2024 | wsj.com

Primis Financial Corp.

February 20, 2024 | msn.com

Primis Financial (FRST) is on the Move, Here's Why the Trend Could be Sustainable

April 19, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

February 12, 2024 | finance.yahoo.com

Wall Street Analysts Predict a 25.4% Upside in Primis Financial (FRST): Here's What You Should Know

February 2, 2024 | finance.yahoo.com

Recent Price Trend in Primis Financial (FRST) is Your Friend, Here's Why

January 30, 2024 | finance.yahoo.com

Primis Financial Corp. (NASDAQ:FRST) Q4 2023 Earnings Call Transcript

January 29, 2024 | finance.yahoo.com

Primis Financial (NASDAQ:FRST) Is Due To Pay A Dividend Of $0.10

January 26, 2024 | finance.yahoo.com

Primis Financial Corp (FRST) Reports Notable Improvement in Q4 2023 Earnings

January 26, 2024 | finance.yahoo.com

Primis Financial (FRST) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

January 25, 2024 | finance.yahoo.com

Primis Financial Corp. Reports Earnings per Share for the Fourth Quarter of 2023

January 23, 2024 | finance.yahoo.com

Countdown to Primis Financial (FRST) Q4 Earnings: Wall Street Forecasts for Key Metrics

January 8, 2024 | finance.yahoo.com

Primis Financial Corp. Announces Date for Fourth Quarter 2023 Earnings Release and Conference Call

January 4, 2024 | msn.com

Primis Financial (FRST) Is a Great Choice for 'Trend' Investors, Here's Why

December 26, 2023 | msn.com

Primis Financial (FRST) Soars 5.8%: Is Further Upside Left in the Stock?

December 21, 2023 | finance.yahoo.com

Primis Financial Corp. Announces Reauthorization of Stock Repurchase Program

December 19, 2023 | msn.com

Here's Why Momentum in Primis Financial (FRST) Should Keep going

December 5, 2023 | finance.yahoo.com

After Golden Cross, Primis Financial (FRST)'s Technical Outlook is Bright

November 9, 2023 | finance.yahoo.com

Primis Financial Corp. Issues Revised Results for the Third Quarter of 2023

November 5, 2023 | morningstar.com

Primis Financial Corp FRST

November 1, 2023 | finance.yahoo.com

How Much Upside is Left in Primis Financial (FRST)? Wall Street Analysts Think 27.35%

October 29, 2023 | finance.yahoo.com

Primis Financial Corp. (NASDAQ:FRST) Q3 2023 Earnings Call Transcript

See More Headlines

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Company Calendar

Last Earnings: 1/25/2024
Ex-Dividend for 2/23 Dividend: 2/08/2024
Dividend Payable: 2/23/2024
Today: 4/19/2024
Next Earnings (Estimated): 4/25/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: State commercial banks
Sub-Industry: N/A
Current Symbol: NASDAQ:FRST
CUSIP: N/A
CIK: 1325670
Web: www.primisbank.com
Phone: (703) 893-7400
Fax: 703-893-7488
Employees: 565
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $0.86
Trailing P/E Ratio: 12.26
Forward P/E Ratio: 6.71
P/E Growth: N/A
Net Income: $9.94 million
Net Margins: 8.73%
Pretax Margin: 4.01%
Return on Equity: 5.90%
Return on Assets: 0.58%

Debt

Debt-to-Equity Ratio: 0.25
Current Ratio: 0.99
Quick Ratio: 0.97

Sales & Book Value

Annual Sales: $244.23 million
Price / Sales: 1.07
Cash Flow: $1.01 per share
Price / Cash Flow: 10.48
Book Value: $15.99 per share
Price / Book: 0.66

Miscellaneous

Outstanding Shares: 24,680,000
Free Float: 21,947,000
Market Cap: $260.13 million
Optionable: Optionable
Beta: 0.73

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Key Executives

Mr. Dennis J. Zember Jr. (Age 54)
President, CEO & Director
Comp: $935.08k
Mr. Matthew Alan Switzer (Age 46)
Executive VP & CFO
Comp: $440.76k
Ms. Marie Taylor Leibson (Age 58)
Executive VP & Chief Credit Officer
Comp: $337.88k
Mr. Clinton Tyler Stafford C.F.A. (Age 39)
Co-Founder, CEO & President of Panacea Financial
Ms. Cheryl B. Wood
Executive VP, Chief Administrative Officer & Secretary
Ms. Anne-Stanton Gore
Executive VP & Chief Marketing Officer
Mr. William H. Stevens (Age 79)
Chief Credit Risk Officer
Comp: $217.42k
Mr. John Colantoni Jr.
Executive VP & Chief Risk Officer
Mr. Brandon Finazzo
Head of Practice Solutions
Ms. Julia Fredricks
Executive VP & Chief Risk Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

FRST Stock Analysis - Frequently Asked Questions

How have FRST shares performed in 2024?: Primis Financial's stock was trading at $12.66 at the beginning of 2024. Since then, FRST stock has decreased by 14.8% and is now trading at $10.79.
View the best growth stocks for 2024 here.
Are investors shorting Primis Financial?: Primis Financial saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 109,200 shares, a decrease of 18.3% from the March 15th total of 133,600 shares. Based on an average trading volume of 81,100 shares, the short-interest ratio is presently 1.3 days. Approximately 0.5% of the shares of the company are sold short.
View Primis Financial's Short Interest.
When is Primis Financial's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our FRST earnings forecast.
How can I listen to Primis Financial's earnings call?: Primis Financial will be holding an earnings conference call on Friday, April 26th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 609-800-9909 with passcode "4440924".

How were Primis Financial's earnings last quarter?: Primis Financial Corp. (NASDAQ:FRST) issued its earnings results on Thursday, January, 25th. The company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.07. The company had revenue of $39.24 million for the quarter, compared to analyst estimates of $36.17 million. Primis Financial had a trailing twelve-month return on equity of 5.90% and a net margin of 8.73%.
How often does Primis Financial pay dividends? What is the dividend yield for Primis Financial?: Primis Financial announced a quarterly dividend on Thursday, January 25th. Investors of record on Friday, February 9th will be given a dividend of $0.10 per share on Friday, February 23rd. This represents a $0.40 dividend on an annualized basis and a yield of 3.71%. The ex-dividend date of this dividend is Thursday, February 8th.
Read our dividend analysis for FRST.
Is Primis Financial a good dividend stock?: Primis Financial (NASDAQ:FRST) pays an annual dividend of $0.40 per share and currently has a dividend yield of 3.81%. The dividend payout ratio is 46.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FRST will have a dividend payout ratio of 22.35% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FRST.
How do I buy shares of Primis Financial?: Shares of FRST 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:FRST) was last updated on 4/19/2024 by MarketBeat.com Staff

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Primis Financial (FRST) Stock Price, News & Analysis

Primis Financial MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Primis Financial Stock (NASDAQ:FRST)

FRST Stock Price History

FRST Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

FRST Stock Analysis - Frequently Asked Questions

Overall MarketRank^™