FY2025 EPS Estimate for Ameris Bancorp Raised by Analyst

Ameris Bancorp (NASDAQ:ABCB) – Research analysts at DA Davidson increased their FY2025 earnings per share estimates for Ameris Bancorp in a report issued on Wednesday, November 26th. DA Davidson analyst G. Tenner now anticipates that the bank will post earnings per share of $6.00 for the year, up from their previous forecast of $5.85. DA Davidson has a “Buy” rating and a $87.00 price target on the stock. The consensus estimate for Ameris Bancorp’s current full-year earnings is $4.99 per share. DA Davidson also issued estimates for Ameris Bancorp’s Q4 2025 earnings at $1.60 EPS and FY2026 earnings at $6.35 EPS.

Other equities research analysts also recently issued reports about the company. Keefe, Bruyette & Woods upped their target price on Ameris Bancorp from $78.00 to $82.00 and gave the company an “outperform” rating in a report on Friday, October 31st. Raymond James Financial restated an “outperform” rating and set a $80.00 target price (up previously from $73.00) on shares of Ameris Bancorp in a report on Wednesday, October 29th. Piper Sandler set a $84.00 price target on shares of Ameris Bancorp in a report on Wednesday, October 29th. Finally, Truist Financial assumed coverage on shares of Ameris Bancorp in a research report on Tuesday. They set a “hold” rating and a $80.00 price target for the company. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $78.57.

Ameris Bancorp Price Performance

Shares of NASDAQ ABCB opened at $76.09 on Thursday. Ameris Bancorp has a twelve month low of $48.27 and a twelve month high of $77.15. The company has a current ratio of 1.02, a quick ratio of 1.00 and a debt-to-equity ratio of 0.11. The firm has a 50-day moving average of $73.44 and a two-hundred day moving average of $69.16. The company has a market capitalization of $5.20 billion, a price-to-earnings ratio of 14.60 and a beta of 1.04.

Ameris Bancorp announced that its board has authorized a share repurchase plan on Monday, October 20th that allows the company to repurchase $200.00 million in outstanding shares. This repurchase authorization allows the bank to buy up to 4% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s management believes its shares are undervalued.

Ameris Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 6th. Stockholders of record on Tuesday, September 30th were paid a dividend of $0.20 per share. The ex-dividend date was Tuesday, September 30th. This represents a $0.80 annualized dividend and a dividend yield of 1.1%. Ameris Bancorp’s payout ratio is currently 13.84%.

Institutional Investors Weigh In On Ameris Bancorp

Several hedge funds have recently bought and sold shares of ABCB. Nuveen LLC acquired a new position in Ameris Bancorp during the first quarter worth approximately $56,202,000. Norges Bank acquired a new stake in shares of Ameris Bancorp in the second quarter valued at approximately $53,624,000. FJ Capital Management LLC boosted its stake in shares of Ameris Bancorp by 311.3% during the 1st quarter. FJ Capital Management LLC now owns 785,288 shares of the bank’s stock worth $45,209,000 after acquiring an additional 594,340 shares during the period. Invesco Ltd. boosted its stake in shares of Ameris Bancorp by 134.7% during the 3rd quarter. Invesco Ltd. now owns 931,911 shares of the bank’s stock worth $68,318,000 after acquiring an additional 534,830 shares during the period. Finally, American Century Companies Inc. increased its holdings in shares of Ameris Bancorp by 36.2% during the 1st quarter. American Century Companies Inc. now owns 1,875,194 shares of the bank’s stock worth $107,955,000 after acquiring an additional 498,604 shares during the last quarter. 91.60% of the stock is currently owned by institutional investors and hedge funds.

About Ameris Bancorp

Ameris Bancorp operates as the bank holding company for Ameris Bank that provides range of banking services to retail and commercial customers. It operates through five segments: Banking Division, Retail Mortgage Division, Warehouse Lending Division, SBA Division, and Premium Finance Division. The company offers commercial and retail checking, regular interest-bearing savings, money market, individual retirement, and certificates of deposit accounts.