ProShares Equities for Rising Rates ETF (EQRR) At $50.00 Forms Top; First Bancshares (FBMS) Has 1.33 Sentiment

The First Bancshares, Inc. (NASDAQ:FBMS) Logo

ProShares Equities for Rising Rates ETF (EQRR) formed multiple top with $52.50 target or 5.00% above today’s $50.00 share price. ProShares Equities for Rising Rates ETF (EQRR) has $14.86 million valuation. The ETF decreased 1.15% or $0.58 during the last trading session, reaching $50. About 4,632 shares traded or 27.04% up from the average. ProShares Equities for Rising Rates ETF (NASDAQ:EQRR) has 0.00% since June 17, 2017 and is . It has underperformed by 12.57% the S&P500.

First Bancshares Inc (FBMS) investors sentiment decreased to 1.33 in Q1 2018. It’s down -1.96, from 3.29 in 2017Q4. The ratio fall, as 32 active investment managers increased and opened new holdings, while 24 sold and reduced their holdings in First Bancshares Inc. The active investment managers in our database now have: 7.53 million shares, down from 14.80 million shares in 2017Q4. Also, the number of active investment managers holding First Bancshares Inc in top ten holdings was flat from 3 to 3 for the same number . Sold All: 3 Reduced: 21 Increased: 23 New Position: 9.

The stock increased 2.32% or $0.8 during the last trading session, reaching $35.3. About 43,978 shares traded or 3.11% up from the average. The First Bancshares, Inc. (FBMS) has risen 25.71% since June 17, 2017 and is uptrending. It has outperformed by 13.14% the S&P500.

Analysts await The First Bancshares, Inc. (NASDAQ:FBMS) to report earnings on July, 20. They expect $0.45 EPS, up 2.27% or $0.01 from last year’s $0.44 per share. FBMS’s profit will be $5.88 million for 19.61 P/E if the $0.45 EPS becomes a reality. After $0.46 actual EPS reported by The First Bancshares, Inc. for the previous quarter, Wall Street now forecasts -2.17% negative EPS growth.

The First Bancshares, Inc. operates as the holding firm for The First, A National Banking Association that provides commercial and retail banking services to small to medium-sized businesses, professional concerns, and individuals. The company has market cap of $461.23 million. It accepts various deposit products, including checking accounts, NOW accounts, and savings accounts; time deposits, such as money market accounts and certificates of deposit; and individual retirement accounts. It has a 31.8 P/E ratio. The firm also offers commercial loans comprising secured and unsecured loans for working capital, business expansion, and purchase of equipment and machinery; consumer loans consisting of equity lines of credit, and secured and unsecured loans for financing automobiles, home improvements, education, and personal investments; and real estate construction and acquisition loans.

Another recent and important The First Bancshares, Inc. (NASDAQ:FBMS) news was published by Gurufocus.com which published an article titled: “Market Trends Toward New Normal in Independent Bank, First Busey, American Public Education, The First …” on May 25, 2018.

Jcsd Capital Llc holds 6.44% of its portfolio in The First Bancshares, Inc. for 273,975 shares. Castine Capital Management Llc owns 350,237 shares or 3.67% of their US portfolio. Moreover, Stieven Capital Advisors L.P. has 2.95% invested in the company for 575,233 shares. The New York-based Jacobs Asset Management Llc has invested 1.66% in the stock. Mendon Capital Advisors Corp, a New York-based fund reported 453,544 shares.

The First Bancshares, Inc. (NASDAQ:FBMS) Institutional Positions Chart