First Financial doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Join thousands of traders who make more informed decisions with our premium features. Real-time quotes, advanced visualizations, backtesting, and much more.

This payout ratio is at a healthy, sustainable level, below 75%. First Financial Bankshares pays a meaningful dividend of 2.40%, higher than the bottom 25% of all stocks that pay dividends. Executive VP & Chief Lending Officer exercised options to buy US$398k worth of stock. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view.

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First quarter 2023 earnings: EPS and revenues miss analyst expectations

Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. First Financial Bankshares, Inc. is a financial holding company. The Company, through its subsidiaries, conducts a full-service commercial banking business. High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses.

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• The Company, through its subsidiaries, conducts a full-service commercial banking business.
• The consensus among Wall Street research analysts is that investors should “hold” FFIN shares.
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• This, combined with strong agreement among Wall Street analysts in re…
• Clients forget how much they should be earning in their savings accounts since we’ve become accustomed to earning nearly zero these past few years.

The participants in secondary market members of the conducts a full-service commercial banking business through its subsidiaries. The loan portfolio segments of the company include Commercial and Industrial, Municipal, Agricultural, Construction and Development, Farm, Non-Owner Occupied and Owner Occupied Commercial Real Estate, Residential, Consumer Auto and Consumer Non-Auto. Based on earnings estimates, First Financial Bankshares will have a dividend payout ratio of 44.16% next year.

More value-oriented stocks tend to represent financial services, utilities, and energy stocks. First Financial Bankshares declared a quarterly dividend on Tuesday, April 25th. Stockholders of record on Thursday, June 15th will be given a dividend of $0.18 per share on Monday, July 3rd. This represents a $0.72 annualized dividend and a dividend yield of 2.46%. The ex-dividend date of this dividend is Wednesday, June 14th.

Independent Director recently bought US$118k worth of stock

We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies. First Financial Bankshares Inc is a financial and bank holding company. The company operates one line of business located in a single geographic area .

Intraday Data provided by FACTSET and subject to terms of use. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements. Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of credit risk, allowing investors to make better decisions and streamline their work ow.

First Financial Bankshares, Inc. Competitors

First Financial Bankshares has a short interest ratio (“days to cover”) of 11.2, which indicates bearish sentiment. First Financial Bankshares is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season. Represents the company’s profit divided by the outstanding shares of its common stock.

At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.27% per year. These returns cover a period from January 1, 1988 through April 3, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month.

The industry with the worst average Zacks Rank would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. The Zacks Industry Rank assigns a rating to each of the 265 X Industries based on their average Zacks Rank. Provides a general description of the business conducted by this company.

Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. Financial executives who experience a significant accounting-related event seem to learn their lesson. First Republic’s stock cratered on Friday, and is now down 98% from its 52-week high. CompareFFIN’s historical performanceagainst its industry peers and the overall market.

First Financial Bankshares stock price target raised to 30 cents vs. 29 cents at SunTrust Robinson Humphrey

First Financial Bankshares, Inc., through its subsidiaries, provides commercial banking products and services in Texas. It also provides commercial and industrial, municipal, agricultural, construction and development, farm, residential, and consumer auto and non-auto, as well as non-owner occupied and owner occupied commercial real estate loans. In addition, the company offers asset management, investing, purchasing, advertising, public relations, and technology services.

A roundup of the latest corporate earnings reports and what companies are saying about future quarters. The company is scheduled to release its next quarterly earnings announcement on Thursday, July 20th 2023. Only 4.11% of the stock of First Financial Bankshares is held by insiders. Only 2 people have added First Financial Bankshares to their MarketBeat watchlist in the last 30 days. This, combined with strong agreement among Wall Street analysts in re…

We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive. Provide specific products and services to you, such as portfolio management or data aggregation. Morningstar Quantitative ratings for equities are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings.

5.34% of the float of First Financial Bankshares has been sold short. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. First Financial possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report.

Shares of First Financial Bankshares split on Monday, June 3rd 2019. The newly created shares were payable to shareholders after the market closes on Friday, May 31st 2019. An investor that had 100 shares of stock prior to the split would have 200 shares after the split. First Financial Bankshares’ stock was trading at $34.40 on January 1st, 2023. Since then, FFIN shares have decreased by 14.9% and is now trading at $29.26. The dividend payout ratio of First Financial Bankshares is 42.24%.

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The technique has proven to be very useful for finding positive surprises. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.

Our Quantitative Research team models direct competitors or comparable companies from a bottom-up perspective to find companies describing their business in a similar fashion. Consolidation in the financial-services sector will be more likely following the passage of financial-reform legislation, analysts from Credit Suisse say. Upgrade to MarketBeat All Access to add more stocks to your watchlist. One share of FFIN stock can currently be purchased for approximately $29.26.

This is a positive change from the stock’s previous quarterly dividend of $0.17. Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

https://1investing.in//sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues. An Insider Just Bought Shares of First Financial Bankshares Inc; Could This Stock Be a Value … By creating a free account, you agree to our terms of service.

2 analysts have issued 1 year target prices for First Financial Bankshares’ stock. Their FFIN share price forecasts range from $26.00 to $44.50. On average, they anticipate the company’s stock price to reach $34.13 in the next twelve months.

First Financial Bankshares has only been the subject of 2 research reports in the past 90 days. First Financial Bankshares came out with quarterly earnings of $0.37 per share, missing the Zacks Consensus Estimate of $0.39 per share. FIRST FINL BANKSHARES, INC. is a registered multi-bank holding company. Live educational sessions using site features to explore today’s markets. Sign Up NowGet this delivered to your inbox, and more info about our products and services. Also click on the Like Button if this was useful and follow us or join us.