In a report released on October 23, Brandon King from Truist Financial maintained a Hold rating on First Financial Bankshares (FFIN – Research Report), with a price target of $27.00. The company’s shares closed yesterday at $23.44.
According to TipRanks, King is an analyst with an average return of -11.8% and a 22.05% success rate. King covers the Financial sector, focusing on stocks such as Cadence Bank, Glacier Bancorp, and United Community Banks.
The word on The Street in general, suggests a Hold analyst consensus rating for First Financial Bankshares with a $27.00 average price target, representing a 15.19% upside. In a report released on October 20, Stephens also maintained a Hold rating on the stock with a $26.00 price target.
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Based on First Financial Bankshares’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $125.81 million and a net profit of $50.87 million. In comparison, last year the company earned a revenue of $130.32 million and had a net profit of $55.97 million
Based on the recent corporate insider activity of 70 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of FFIN in relation to earlier this year. Earlier this month, Thaxton Kirk W, the Trust Company CEO of FFIN bought 5,000.00 shares for a total of $77,150.00.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
First Financial Bankshares (FFIN) Company Description:
First Financial Bankshares, Inc. is a bank holding company, which engages in the provision of financial and community banking services. It offers mortgage loans, savings and checking accounts, auto and equity loans, online and mobile banking, investment and trust management, and retirement plans. The company was founded in 1956 and is headquartered in Abilene, TX.
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