Analyst Activity – Stephens Reiterates Buy on Ameris Bancorp (NASDAQ:ABCB)

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Analyst Ratings For Ameris Bancorp (NASDAQ:ABCB)

Today, Stephens reiterated its Buy rating on Ameris Bancorp (NASDAQ:ABCB).

There are 4 hold ratings, 1 buy rating on the stock.

The current consensus rating on Ameris Bancorp (NASDAQ:ABCB) is Hold (Score: 2.20) with a consensus target price of $39.67 per share, a potential 13.30% downside.

Some recent analyst ratings include

  • 4/21/2017-Stephens Reiterated Rating of Buy.
  • 4/5/2017-Keefe, Bruyette & Woods Reiterated Rating of Hold.
  • 12/20/2016-FIG Partners was Downgraded by analysts at FIG Partners from a “Outperform ” rating to a ” Market Perform” rating.
  • 9/27/2016-Sandler O’Neill was Downgraded by analysts at Sandler O’Neill from a “Buy ” rating to a ” Hold” rating. They now have a $38.00 price target on the stock, up previously from $36.00 .
  • 4/26/2016-Piper Jaffray Companies was Downgraded by analysts at Piper Jaffray Companies from a “Overweight ” rating to a ” Neutral” rating. They now have a $31.00 price target on the stock, up previously from $32.00 .

Dividend information for Ameris Bancorp (NASDAQ:ABCB)

Ameris Bancorp (NASDAQ:ABCB) pays an annual dividend of $0.40 with a yield of 0.87%.

Dividend History for Ameris Bancorp (NASDAQ:ABCB)

  • On 3/27/2017 Ameris Bancorp announced a quarterly dividend of $0.10 0.9% with an ex dividend date of 3/29/2017 which will be payable on 4/10/2017.
  • On 12/16/2016 Ameris Bancorp announced a quarterly dividend of $0.10 0.89% with an ex dividend date of 12/28/2016 which will be payable on 1/10/2017.
  • On 9/9/2016 Ameris Bancorp announced a quarterly dividend of $0.10 1.12% with an ex dividend date of 9/28/2016 which will be payable on 10/11/2016.
  • On 6/24/2016 Ameris Bancorp announced a quarterly dividend of $0.05 0.69% with an ex dividend date of 6/28/2016 which will be payable on 7/11/2016.
  • On 3/24/2016 Ameris Bancorp announced a quarterly dividend of $0.05 0.69% with an ex dividend date of 3/29/2016 which will be payable on 4/11/2016.
  • On 12/23/2015 Ameris Bancorp announced a quarterly dividend of $0.05 0.59% with an ex dividend date of 12/29/2015 which will be payable on 1/11/2016.
  • On 9/15/2015 Ameris Bancorp announced a quarterly dividend of $0.05 0.72% with an ex dividend date of 9/28/2015 which will be payable on 10/9/2015.

Recent Insider Trading Activity For Ameris Bancorp (NASDAQ:ABCB)
Ameris Bancorp (NASDAQ:ABCB) has insider ownership of 3.88% and institutional ownership of 82.37%.

  • On 6/8/2015 Cindi H Lewis, CAO, sold 2,056 with an average share price of $25.92 per share and the total transaction amounting to $53,291.52. View SEC Filing
  • On 6/5/2015 William I Jr. Bowen, Director, bought 2,100 with an average share price of $25.56 per share and the total transaction amounting to $53,676.00. View SEC Filing
  • On 5/6/2015 Leo J Hill, Director, bought 1,000 with an average share price of $24.50 per share and the total transaction amounting to $24,500.00. View SEC Filing
  • On 5/4/2015 Jon S Edwards, EVP, sold 4,500 with an average share price of $24.72 per share and the total transaction amounting to $111,240.00. View SEC Filing
  • On 10/29/2014 James A Lahaise, EVP, sold 11,733 with an average share price of $24.38 per share and the total transaction amounting to $286,050.54. View SEC Filing
  • On 6/13/2014 Robert Dale Ezzell, Director, bought 2,747 with an average share price of $21.78 per share and the total transaction amounting to $59,829.66. View SEC Filing
  • On 5/20/2014 Leo Hill, Director, bought 3,056 with an average share price of $19.74 per share and the total transaction amounting to $60,325.44. View SEC Filing

About Ameris Bancorp (NASDAQ:ABCB)
Ameris Bancorp is a financial holding company. The Company’s business is conducted through its banking subsidiary, Ameris Bank (the Bank), which provides a range of banking services to its retail and commercial customers. The Company operates through four segments: the Banking Division, the Retail Mortgage Division, the Warehouse Lending Division and the SBA Division. The Banking Division is engaged in the delivery of financial services, which include commercial loans, consumer loans and deposit accounts. The Retail Mortgage Division is engaged in the origination, sales and servicing of one- to four-family residential mortgage loans. The Warehouse Lending Division is engaged in the origination and servicing of warehouse lines to other businesses that are secured by underlying one- to four-family residential mortgage loans. The SBA Division is engaged in the origination, sales and servicing of small business administration (SBA) loans.

Recent Trading Activity for Ameris Bancorp (NASDAQ:ABCB)
Shares of Ameris Bancorp closed the previous trading session at 45.75 up +1.20 2.69% with 155,926 shares trading hands.

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