Ameris Bancorp (ABCB)
NASDAQ: ABCB · IEX Real-Time Price · USD
53.05
-0.65 (-1.21%)
Dec 29, 2023, 4:00 PM EST - Market closed
Ameris Bancorp Stock Forecast
Stock Price Forecast
According to 5 stock analysts, the average 12-month stock price forecast for Ameris Bancorp stock is $45.8, which predicts a decrease of -13.67%. The lowest target is $41 and the highest is $50. On average, analysts rate Ameris Bancorp stock as a strong buy.
Analyst Consensus: Strong Buy
* Price targets were last updated on Oct 10, 2023.
Analyst Ratings
The average analyst rating for Ameris Bancorp stock from 5 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jul '23 | Aug '23 | Sep '23 | Oct '23 | Nov '23 | Dec '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 3 | 3 | 2 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 2 | 2 | 2 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 7 | 7 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| DA Davidson | DA Davidson | Hold → Strong Buy Upgrades $44 | Hold → Strong Buy | Upgrades | $44 | -17.06% | Oct 10, 2023 |
| Truist Securities | Truist Securities | Strong Buy Maintains $48 → $44 | Strong Buy | Maintains | $48 → $44 | -17.06% | Sep 27, 2023 |
| Piper Sandler | Piper Sandler | Buy Maintains $42 → $50 | Buy | Maintains | $42 → $50 | -5.75% | Jul 31, 2023 |
| Truist Securities | Truist Securities | Strong Buy Maintains $38 → $48 | Strong Buy | Maintains | $38 → $48 | -9.52% | Jul 31, 2023 |
| Piper Sandler | Piper Sandler | Buy Maintains $51 → $46 | Buy | Maintains | $51 → $46 | -13.29% | May 1, 2023 |
Financial Forecast
Revenue This Year
1.10B
from 1.01B
Increased by 8.90%
Revenue Next Year
1.12B
from 1.10B
Increased by 1.00%
EPS This Year
4.12
from 4.99
Decreased by -17.45%
EPS Next Year
4.63
from 4.12
Increased by 12.42%
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 1.1B | 1.2B | 1.2B |
| Avg | 1.1B | 1.1B | 1.2B |
| Low | 1.1B | 1.1B | 1.1B |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 12.8% | 5.5% | 11.7% |
| Avg | 8.9% | 1.0% | 6.0% |
| Low | 3.9% | -4.1% | -0.2% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 4.37 | 5.01 | 5.35 |
| Avg | 4.12 | 4.63 | 4.95 |
| Low | 3.81 | 4.21 | 4.53 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | -12.5% | 21.7% | 15.6% |
| Avg | -17.4% | 12.4% | 7.0% |
| Low | -23.6% | 2.3% | -2.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.