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MidWestOne Financial Group (MOFG) Projected to Post Quarterly Earnings on Thursday

MidWestOne Financial Group logo with Finance background

MidWestOne Financial Group (NASDAQ:MOFG - Get Free Report) will likely be releasing its Q2 2025 earnings data after the market closes on Thursday, July 24th. Analysts expect MidWestOne Financial Group to post earnings of $0.77 per share and revenue of $60.60 million for the quarter.

MidWestOne Financial Group (NASDAQ:MOFG - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The financial services provider reported $0.73 EPS for the quarter, meeting the consensus estimate of $0.73. The business had revenue of $57.58 million during the quarter, compared to analyst estimates of $58.87 million. On average, analysts expect MidWestOne Financial Group to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

MidWestOne Financial Group Stock Performance

Shares of MOFG stock traded up $0.07 on Friday, hitting $30.14. The company's stock had a trading volume of 99,421 shares, compared to its average volume of 101,955. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.82 and a current ratio of 0.82. The stock's 50 day moving average is $29.10 and its 200-day moving average is $29.24. MidWestOne Financial Group has a fifty-two week low of $24.62 and a fifty-two week high of $34.56. The company has a market capitalization of $627.42 million, a PE ratio of -8.51 and a beta of 1.00.

MidWestOne Financial Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 16th. Investors of record on Monday, June 2nd were given a dividend of $0.2425 per share. The ex-dividend date of this dividend was Monday, June 2nd. This represents a $0.97 annualized dividend and a yield of 3.22%. MidWestOne Financial Group's dividend payout ratio is -27.40%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Keefe, Bruyette & Woods lowered their price objective on shares of MidWestOne Financial Group from $39.00 to $38.00 and set an "outperform" rating for the company in a research report on Monday, April 28th. Piper Sandler dropped their target price on MidWestOne Financial Group from $34.50 to $33.00 and set a "neutral" rating for the company in a research report on Monday, April 28th.

Get Our Latest Report on MidWestOne Financial Group

Hedge Funds Weigh In On MidWestOne Financial Group

Several large investors have recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in MidWestOne Financial Group by 8.0% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,382 shares of the financial services provider's stock valued at $337,000 after buying an additional 841 shares during the period. AQR Capital Management LLC increased its holdings in MidWestOne Financial Group by 242.2% in the 1st quarter. AQR Capital Management LLC now owns 40,228 shares of the financial services provider's stock worth $1,191,000 after acquiring an additional 28,473 shares during the last quarter. Empowered Funds LLC raised its stake in MidWestOne Financial Group by 8.4% in the 1st quarter. Empowered Funds LLC now owns 68,431 shares of the financial services provider's stock valued at $2,026,000 after acquiring an additional 5,294 shares during the period. Finally, Goldman Sachs Group Inc. lifted its holdings in MidWestOne Financial Group by 16.8% during the first quarter. Goldman Sachs Group Inc. now owns 531,724 shares of the financial services provider's stock valued at $15,744,000 after purchasing an additional 76,368 shares during the last quarter. Institutional investors own 65.42% of the company's stock.

About MidWestOne Financial Group

(Get Free Report)

MidWestOne Financial Group, Inc operates as the bank holding company for MidWestOne Bank that provides commercial and retail banking products and services to individuals, businesses, governmental units, and institutional customers. It offers range of deposit products, including noninterest bearing and interest bearing demand deposits, savings, money market, and time deposits accounts.

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Earnings History for MidWestOne Financial Group (NASDAQ:MOFG)

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