First Guaranty Bancshares, Inc. Price & Performance (FGBI)

First Guaranty Bancshares (NASDAQ:FGBI) has seen its stock price drop to a new 52-week low of $6.59, reflecting a year-to-date decline of over 40%. Despite bearish sentiment, analysts maintain a price target of $11.50, suggesting potential value for long-term investors. The company continues its 19-year streak of dividend payments.12

First Guaranty Bancshares' market cap dropped by $18 million, significantly impacting its insider shareholders, who own 44% of the company. This insider ownership underscores both risks and alignment with investor interests. The top four shareholders collectively control 50%, indicating concentrated influence over the company's strategic direction.3

First Guaranty Bancshares has maintained its long-standing tradition of dividend payments, including a $0.01 per share quarterly payout for common stockholders. Preferred stockholders also received dividends, reflecting the company's commitment to shareholder returns, even as its stock faces significant declines and broader sector pressures.45