Ameris Bancorp (ABCB) Stock Price, News & Analysis

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ameris Bancorp in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ABCB shares.
View ABCB analyst ratings or view top-rated stocks.

4 Wall Street research analysts have issued 1-year target prices for Ameris Bancorp's stock. Their ABCB share price targets range from $44.00 to $54.00. On average, they predict the company's stock price to reach $50.25 in the next twelve months. This suggests a possible upside of 8.6% from the stock's current price.
View analysts price targets for ABCB or view top-rated stocks among Wall Street analysts.

Ameris Bancorp's stock was trading at $53.05 on January 1st, 2024. Since then, ABCB shares have decreased by 12.8% and is now trading at $46.28.
View the best growth stocks for 2024 here.

Ameris Bancorp saw a decline in short interest in March. As of March 31st, there was short interest totaling 1,330,000 shares, a decline of 8.9% from the March 15th total of 1,460,000 shares. Based on an average daily trading volume, of 393,700 shares, the days-to-cover ratio is presently 3.4 days. Currently, 2.0% of the shares of the company are sold short.
View Ameris Bancorp's Short Interest.

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

Ameris Bancorp will be holding an earnings conference call on Friday, April 26th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 877-344-7529 with passcode "8309156".

Ameris Bancorp (NASDAQ:ABCB) posted its quarterly earnings results on Thursday, January, 25th. The bank reported $1.07 EPS for the quarter, missing analysts' consensus estimates of $1.12 by $0.05. The bank earned $262.35 million during the quarter, compared to analysts' expectations of $267.23 million. Ameris Bancorp had a net margin of 17.67% and a trailing twelve-month return on equity of 8.30%.

Ameris Bancorp announced a quarterly dividend on Thursday, March 14th. Stockholders of record on Sunday, March 31st will be given a dividend of $0.15 per share on Monday, April 8th. This represents a $0.60 annualized dividend and a dividend yield of 1.30%. The ex-dividend date is Wednesday, March 27th.
Read our dividend analysis for ABCB.

Ameris Bancorp (NASDAQ:ABCB) pays an annual dividend of $0.60 per share and currently has a dividend yield of 1.35%. The dividend payout ratio is 15.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ABCB will have a dividend payout ratio of 12.35% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ABCB.

ETFs with the largest weight of Ameris Bancorp (NASDAQ:ABCB) stock in their portfolio include First Trust NASDAQ ABA Community Bank Index Fund (QABA), Invesco KBW Regional Banking ETF (KBWR), Invesco S&P SmallCap Financials ETF (PSCF), SPDR S&P Regional Banking ETF (KRE), Direxion Daily Regional Banks Bull 3x Shares (DPST), First Trust Nasdaq Bank ETF (FTXO), First Trust Small Cap Value AlphaDEX Fund (FYT) and Vanguard S&P Small-Cap 600 Value ETF (VIOV).

10 employees have rated Ameris Bancorp Chief Executive Officer H. Palmer Proctor, Jr. on Glassdoor.com. H. Palmer Proctor, Jr. has an approval rating of 66% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Ameris Bancorp investors own include Energy Transfer (ET), Bank of America (BAC), Phillips 66 (PSX), Ford Motor (F), General Electric (GE), Advanced Micro Devices (AMD), CVS Health (CVS), Enterprise Products Partners (EPD), AT&T (T) and Walgreens Boots Alliance (WBA).

Ameris Bancorp's stock is owned by many different institutional and retail investors. Top institutional investors include Congress Asset Management Co. MA (1.11%), Allspring Global Investments Holdings LLC (0.60%), Congress Wealth Management LLC DE (0.16%), State of Alaska Department of Revenue (0.06%), Wealth Enhancement Advisory Services LLC (0.02%) and Moody National Bank Trust Division (0.01%). Insiders that own company stock include H Palmer Proctor Jr, James A Lahaise, Jimmy D Veal, Jon S Edwards, Nicole S Stokes, William D Mckendry, William I Jr Bowen and William Millard Choate.
View institutional ownership trends.

Shares of ABCB 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.
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