$37.09
0.27% today
Nasdaq, Dec 30, 09:46 pm CET
ISIN
US3208661062
Symbol
FMBH
Sector
Industry

First Mid-Illinois Bancshares, Inc. Target price 2024 - Analyst rating & recommendation

First Mid-Illinois Bancshares, Inc. Classifications & Recommendation:

Buy
57%
Hold
43%

First Mid-Illinois Bancshares, Inc. Price Target

Target Price $46.14
Price $36.99
Potential
Number of Estimates 7
7 Analysts have issued a price target First Mid-Illinois Bancshares, Inc. 2025 . The average First Mid-Illinois Bancshares, Inc. target price is $46.14. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 7 analysts: 4 Analysts recommend First Mid-Illinois Bancshares, Inc. to buy, 3 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the First Mid-Illinois Bancshares, Inc. stock has an average upside potential 2025 of . Most analysts recommend the First Mid-Illinois Bancshares, Inc. stock at Purchase.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 385.09 324.45
32.68% 15.75%
Net Margin 19.55% 24.40%
34.05% 24.81%

6 Analysts have issued a sales forecast First Mid-Illinois Bancshares, Inc. 2024 . The average First Mid-Illinois Bancshares, Inc. sales estimate is

$324m
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. This is
27.61% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$326m 27.19%
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, the lowest is
$321m 28.35%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $385m 32.68%
2024
$324m 15.75%
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2025
$341m 5.20%
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2026
$358m 4.75%
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7 First Mid-Illinois Bancshares, Inc. Analysts have issued a net profit forecast 2024. The average First Mid-Illinois Bancshares, Inc. net profit estimate is

$79.2m
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. This is
1.94% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$81.3m 4.62%
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, the lowest is
$77.4m 0.30%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $75.3m 12.50%
2024
$79.2m 5.17%
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2025
$82.7m 4.48%
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2026
$88.7m 7.19%
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Net Margin

2023 19.55% 34.05%
2024
24.40% 24.81%
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2025
24.24% 0.66%
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2026
24.80% 2.31%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 3.15 3.31
12.50% 5.08%
P/E 11.17
EV/Sales 4.12

7 Analysts have issued a First Mid-Illinois Bancshares, Inc. forecast for earnings per share. The average First Mid-Illinois Bancshares, Inc. <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$3.31
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. This is
1.85% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$3.40 4.62%
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, the lowest is
$3.24 0.31%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $3.15 12.50%
2024
$3.31 5.08%
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2025
$3.46 4.53%
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2026
$3.71 7.23%
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P/E ratio

Current 11.39 12.55%
2024
11.17 1.93%
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2025
10.69 4.30%
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2026
9.97 6.74%
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Based on analysts' sales estimates for 2024, the First Mid-Illinois Bancshares, Inc. stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 2.98 25.31%
2024
4.12 38.17%
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2025
3.91 4.94%
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2026
3.74 4.54%
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P/S ratio

Current 1.97 15.54%
2024
2.73 38.14%
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2025
2.59 4.94%
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2026
2.47 4.53%
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