First Guaranty Bancshares (NASDAQ:FGBI) Director Purchases $59,000.00 in Stock

November 10, 2026 by InsiderTrades.com

Key Points

Director Edgar Smith III purchased 5,000 shares for $59,000 at $11.80 per share, increasing his position by 0.17% to about 2.87 million shares.
For the latest reported quarter, First Guaranty Bancshares earned $0.69 per share, beating the $0.12 consensus estimate, and reported $37.47 million in revenue versus expectations of $21.24 million.
The stock opened at $12.32, near its 52-week high of $12.63. Analysts’ consensus rating was “Reduce,” with one Hold rating and one Sell rating.

First Guaranty Bancshares, Inc. (NASDAQ:FGBI - Get Free Report) Director Edgar Smith III bought 5,000 shares of the stock in a transaction on Friday, November 6th. The stock was purchased at an average cost of $11.80 per share, with a total value of $59,000.00. Following the completion of the purchase, the director directly owned 2,872,467 shares in the company, valued at $33,895,110.60. This trade represents a 0.17% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink.

First Guaranty Bancshares Stock Performance

First Guaranty Bancshares stock opened at $12.32 on Tuesday. The stock has a fifty day moving average price of $8.76 and a 200 day moving average price of $9.11. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.96. First Guaranty Bancshares, Inc. has a 52 week low of $4.31 and a 52 week high of $12.63. The firm has a market capitalization of $203.77 million, a P/E ratio of 8.82 and a beta of 0.44.

First Guaranty Bancshares (NASDAQ:FGBI - Get Free Report) last released its earnings results on Tuesday, October 27th. The bank reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.57. First Guaranty Bancshares had a net margin of 9.17% and a return on equity of 10.67%. The business had revenue of $37.47 million for the quarter, compared to analysts' expectations of $21.24 million.

First Guaranty Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Friday, September 25th were issued a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Friday, September 25th. First Guaranty Bancshares's dividend payout ratio (DPR) is 3.12%.

Institutional Trading of First Guaranty Bancshares

An institutional investor recently raised its position in First Guaranty Bancshares stock. NewEdge Advisors LLC boosted its holdings in First Guaranty Bancshares, Inc. (NASDAQ:FGBI - Free Report) by 1,288.4% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,942 shares of the bank's stock after purchasing an additional 6,442 shares during the period. NewEdge Advisors LLC's holdings in First Guaranty Bancshares were worth $56,000 at the end of the most recent reporting period. 39.52% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings cut shares of First Guaranty Bancshares from a "sell (d)" rating to a "sell (d-)" rating in a research report on Friday, August 14th. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Reduce".

Read Our Latest Research Report on FGBI

First Guaranty Bancshares Company Profile

(Get Free Report)

First Guaranty Bancshares, Inc is a bank holding company headquartered in Hammond, Louisiana. It operates through its principal subsidiary, First Guaranty Bank, a community-focused financial institution serving individuals, businesses and organizations.

First Guaranty Bank offers traditional banking products and services, including checking and savings accounts, certificates of deposit, commercial and consumer lending, mortgage loans, online and mobile banking, cash-management services and other treasury-management solutions.