First Mid Bancshares Experiences Bullish Momentum with KDJ Golden Cross and Bullish Marubozu.

Wednesday, Aug 20, 2025 2:32 pm ET1min read

The 15-minute chart for First Mid Bancshares has triggered a bullish signal, as evidenced by the KDJ Golden Cross and Bullish Marubozu pattern at 08/20/2025 14:30. This suggests a shift in momentum towards the upside, indicating potential for further price appreciation. With buyers dominating the market, it is likely that bullish momentum will continue.

First Mid Bancshares (FMBH) has recently shown signs of bullish momentum, as indicated by the KDJ Golden Cross and Bullish Marubozu pattern on its 15-minute chart as of August 20, 2025, at 14:30 [1]. This technical analysis suggests a shift in market sentiment, with buyers dominating the market and indicating potential for further price appreciation. The bullish signal comes amidst an average recommendation of "Moderate Buy" from six research firms, with an average target price of $43.33 [1].

The company's CEO, Clay M. Dean, sold 1,553 shares at an average price of $37.64, reducing his position by 12.15% [1]. However, the recent dividend increase of $0.25 per share, representing a 2.7% yield, may have contributed to the positive sentiment [1]. Additionally, institutional investors have shown interest in the stock, with several large investors increasing their stakes in the company [1].

First Mid Bancshares' stock performance has been relatively stable, with a current ratio of 0.93, a quick ratio of 0.94, and a debt-to-equity ratio of 0.39 [1]. The company reported $0.99 earnings per share (EPS) for the quarter, beating analysts' consensus estimates by $0.08 [1]. Sell-side analysts predict that FMBH will post 3.61 EPS for the current fiscal year [1].

The bullish momentum, coupled with positive analyst ratings and increased institutional interest, suggests that First Mid Bancshares may continue to perform well in the coming months. However, investors should closely monitor the company's financial health and market conditions to make informed investment decisions.

References:
[1] https://www.marketbeat.com/instant-alerts/first-mid-bancshares-inc-nasdaqfmbh-receives-average-recommendation-of-moderate-buy-from-analysts-2025-08-10/

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