Ameris Bancorp (NASDAQ:ABCB) Updates On Dividend Release Date


On 2016-06-23, Ameris Bancorp (NASDAQ:ABCB) confirmed the dividend disbursement of $0.05 a share to shareholders as on record 2016-06-30. The firm will release dividend on 2016-07-11 while ex-dividend date is reported to be 2016-06-28.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Ameris Bancorp (NASDAQ:ABCB) paid a total of $0.05 per share in dividends. This figure stood at $0.05 a share in the same period a year ago indicating a deviation of 33.3333%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $35.5 on the stock. This figure is the average of recommendations offered by 4 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $37 and $35, respectively.

Taking the mathematical rating formula, the price for Ameris Bancorp (NASDAQ:ABCB) stands at 2.5. Earnings Review Ameris Bancorp (NASDAQ:ABCB) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-28. For the period ending on 2016-09-30, experts are expecting EPS of $0.59.

Coming to the quarter ending on 2015-12-31, Ameris Bancorp (NASDAQ:ABCB) recorded EPS of $0.57. The reported numbers came lower than the analysts’ estimates of $0.52, demonstrating a miss of $0.05 as against reported figures.

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