News headlines about First Guaranty Bancshares (NASDAQ:FGBI) have been trending somewhat negative on Monday, according to Accern Sentiment. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. First Guaranty Bancshares earned a news impact score of -0.03 on Accern’s scale. Accern also gave media stories about the bank an impact score of 45.699880609528 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
First Guaranty Bancshares (FGBI) traded up $0.26 during trading on Monday, reaching $25.68. The company’s stock had a trading volume of 4,600 shares, compared to its average volume of 10,669. First Guaranty Bancshares has a 1 year low of $17.65 and a 1 year high of $29.35. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.28.
First Guaranty Bancshares (NASDAQ:FGBI) last released its earnings results on Monday, October 30th. The bank reported $0.38 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.39 by ($0.01). First Guaranty Bancshares had a net margin of 18.41% and a return on equity of 9.77%.
Separately, Sandler O’Neill set a $29.00 target price on First Guaranty Bancshares and gave the company a “hold” rating in a research report on Wednesday, August 30th.
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In other news, Director William K. Hood purchased 3,285 shares of First Guaranty Bancshares stock in a transaction dated Wednesday, November 1st. The shares were bought at an average cost of $27.00 per share, for a total transaction of $88,695.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 42.70% of the company’s stock.
About First Guaranty Bancshares
First Guaranty Bancshares, Inc is a bank holding company. The Company operates through its owned subsidiary, First Guaranty Bank (the Bank). The Bank offers personalized commercial banking services to Louisiana customers, through approximately 20 banking facilities located in the Market Services Areas (MSAs).
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