Midland States Bancorp (MSBI) Projected to Post Quarterly Earnings on Thursday

Midland States Bancorp (NASDAQ:MSBI - Get Free Report) is anticipated to release its Q1 2025 earnings data before the market opens on Thursday, April 24th. Analysts expect the company to announce earnings of $0.53 per share and revenue of $72.93 million for the quarter.

Midland States Bancorp (NASDAQ:MSBI - Get Free Report) last announced its quarterly earnings results on Thursday, January 23rd. The financial services provider reported ($2.52) EPS for the quarter, missing analysts' consensus estimates of $0.67 by ($3.19). Midland States Bancorp had a negative return on equity of 1.95% and a negative net margin of 2.74%. On average, analysts expect Midland States Bancorp to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Midland States Bancorp Price Performance

Shares of MSBI stock traded up $0.57 during trading hours on Tuesday, hitting $16.54. The company had a trading volume of 104,996 shares, compared to its average volume of 99,564. Midland States Bancorp has a 12 month low of $14.79 and a 12 month high of $28.08. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.91 and a current ratio of 0.91. The firm's fifty day moving average is $17.65 and its 200 day moving average is $21.89. The firm has a market capitalization of $353.97 million, a price-to-earnings ratio of -15.75 and a beta of 0.58.

Midland States Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 14th were given a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 7.50%. The ex-dividend date was Friday, February 14th. Midland States Bancorp's dividend payout ratio (DPR) is -118.10%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. DA Davidson reduced their price target on shares of Midland States Bancorp from $27.00 to $21.00 and set a "neutral" rating on the stock in a research report on Tuesday, January 28th. StockNews.com lowered Midland States Bancorp from a "buy" rating to a "hold" rating in a research report on Friday, January 24th. Keefe, Bruyette & Woods cut their price objective on Midland States Bancorp from $28.00 to $23.00 and set a "market perform" rating for the company in a research report on Monday, January 27th. Finally, Piper Sandler reduced their target price on shares of Midland States Bancorp from $28.50 to $23.00 and set a "neutral" rating on the stock in a research report on Tuesday, January 28th. Five equities research analysts have rated the stock with a hold rating, According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $23.50.

Midland States Bancorp Company Profile

Midland States Bancorp, Inc operates as a financial holding company for Midland States Bank that provides various banking products and services to individuals, businesses, municipalities, and other entities. It operates through Banking, Wealth Management, and Other segments. The company provides a range of financial products and services to consumers and businesses, including commercial loans to finance agricultural equipment and production; and commercial real estate loans for owner occupied offices, warehouses and production facilities, office buildings, hotels, mixed-use residential and commercial facilities, retail centers, multifamily properties, and assisted living facilities.