First Financial Bankshares (FFIN) Projected to Post Earnings on Thursday

First Financial Bankshares (NASDAQ:FFIN) is expected to release its earnings data before the market opens on Thursday, January 23rd. Analysts expect First Financial Bankshares to post earnings of $0.40 per share and revenue of $144,490.00 billion for the quarter.

First Financial Bankshares Stock Performance

FFIN stock opened at $37.62 on Wednesday. The company has a market capitalization of $5.38 billion, a P/E ratio of 25.94 and a beta of 0.83. First Financial Bankshares has a 52-week low of $27.62 and a 52-week high of $44.66. The business has a 50-day simple moving average of $38.87 and a two-hundred day simple moving average of $37.12.

Analysts Set New Price Targets

A number of equities analysts have issued reports on FFIN shares. Keefe, Bruyette & Woods lifted their price target on First Financial Bankshares from $36.00 to $40.00 and gave the company a “market perform” rating in a research note on Wednesday, December 4th. Hovde Group lifted their price target on First Financial Bankshares from $34.50 to $40.00 and gave the company a “market perform” rating in a research note on Monday, October 21st. Finally, Stephens lifted their price target on First Financial Bankshares from $37.00 to $40.00 and gave the company an “equal weight” rating in a research note on Friday, October 18th.

Insider Transactions at First Financial Bankshares

In other news, CEO F Scott Dueser sold 25,000 shares of the business’s stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $40.73, for a total value of $1,018,250.00. Following the transaction, the chief executive officer now owns 471,004 shares in the company, valued at $19,183,992.92. The trade was a 5.04 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Michael B. Denny sold 7,000 shares of the business’s stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $41.12, for a total value of $287,840.00. Following the completion of the transaction, the director now owns 101,085 shares in the company, valued at $4,156,615.20. The trade was a 6.48 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 4.22% of the company’s stock.

About First Financial Bankshares

First Financial Bankshares, Inc, through its subsidiaries, provides commercial banking products and services in Texas. The company offers checking, savings and time deposits; automated teller machines, drive-in, and night deposit services; safe deposit facilities, remote deposit capture, internet banking, mobile banking, payroll cards, funds transfer, and performing other customary commercial banking services; securities brokerage services; and trust and wealth management services, including wealth management, estates administration, oil and gas management, testamentary trusts, revocable and irrevocable trusts, and agency accounts.