First Financial Bankshares, Inc. (NASDAQ: FFIN) closed the day trading at $30.10 down -4.14% from the previous closing price of $31.40. In other words, the price has decreased by -$1.12 from its previous closing price. On the day, 501953 shares were traded.
Ratios:
For a better understanding of FFIN, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.27 whereas as Long-Term Debt/Eq ratio is at 0.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Janney on August 31, 2021, initiated with a Neutral rating and assigned the stock a target price of $50.
On October 16, 2018, Robert W. Baird started tracking the stock assigning a Neutral rating and target price of $60.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 07 ’24 when Nickles Robert Clark Jr bought 584 shares for $30.47 per share. The transaction valued at 17,794 led to the insider holds 92,970 shares of the business.
Hickox Michelle S bought 600 shares of FFIN for $15,750 on Nov 16 ’23. The EVP/CFO now owns 17,363 shares after completing the transaction at $26.25 per share. On Nov 03 ’23, another insider, Nickles Robert Clark Jr, who serves as the Director of the company, bought 674 shares for $26.22 each. As a result, the insider paid 17,672 and bolstered with 92,386 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FFIN now has a Market Capitalization of 4.30B. As of this moment, First’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.64, and their Forward P/E ratio for the next fiscal year is 19.29. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.77 while its Price-to-Book (P/B) ratio in mrq is 2.85.
Stock Price History:
Over the past 52 weeks, FFIN has reached a high of $33.40, while it has fallen to a 52-week low of $22.84. The 50-Day Moving Average of the stock is 30.61, while the 200-Day Moving Average is calculated to be 28.58.
Shares Statistics:
Over the past 3-months, FFIN traded about 533.73K shares per day on average, while over the past 10 days, FFIN traded about 407.04k shares per day. A total of 141.79M shares are outstanding, with a floating share count of 137.12M. Insiders hold about 3.94% of the company’s shares, while institutions hold 70.05% stake in the company. Shares short for FFIN as of Feb 29, 2024 were 9.01M with a Short Ratio of 16.88, compared to 9.09M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 6.31% and a Short% of Float of 8.37%.
Dividends & Splits
FFIN’s forward annual dividend rate is 0.72, up from 0.71 a year ago. Against a Trailing Annual Dividend Yield of 2.27%, it implies a Forward Annual Dividend Yield of 2.39%. The stock’s 5-year Average Dividend Yield is 1.63. The current Payout Ratio is 51.01% for FFIN, which recently paid a dividend on Apr 01, 2024 with an ex-dividend date of Mar 14, 2024. Stock splits for the company last occurred on Jun 04, 2019 when the company split stock in a 2:1 ratio.
Earnings Estimates
Current recommendations for the stock of the company come from 4 analysts. On average, analysts expect EPS of $0.35 for the current quarter, with a high estimate of $0.36 and a low estimate of $0.34, while EPS last year was $0.37. The consensus estimate for the next quarter is $0.35, with high estimates of $0.36 and low estimates of $0.35.
Analysts are recommending an EPS of between $1.46 and $1.42 for the fiscal current year, implying an average EPS of $1.45. EPS for the following year is $1.57, with 4 analysts recommending between $1.61 and $1.46.
Revenue Estimates
4 analysts predict $129.73M in revenue for the current quarter. It ranges from a high estimate of $131.2M to a low estimate of $128.18M. As of the current estimate, First Financial Bankshares, Inc.’s year-ago sales were $131.06M, an estimated decrease of -1.00% from the year-ago figure.
A total of 4 analysts have provided revenue estimates for FFIN’s current fiscal year. The highest revenue estimate was $536.9M, while the lowest revenue estimate was $528.9M, resulting in an average revenue estimate of $533.59M. In the same quarter a year ago, actual revenue was $491.81M, up 8.50% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $570.22M in the next fiscal year. The high estimate is $581.1M and the low estimate is $548.1M. The average revenue growth estimate for next year is up 6.90% from the average revenue estimate for this year.
