NASDAQ:FMBI - First Midwest Bancorp Stock Price, News & Analysis

First Midwest Bancorp trades on the NASDAQ under the ticker symbol "FMBI."

First Midwest Bancorp declared a quarterly dividend on Monday, May 20th. Stockholders of record on Friday, June 28th will be given a dividend of $0.14 per share on Tuesday, July 9th. This represents a $0.56 annualized dividend and a dividend yield of 2.99%. The ex-dividend date of this dividend is Thursday, June 27th. This is an increase from First Midwest Bancorp's previous quarterly dividend of $0.12. View First Midwest Bancorp's Dividend History.

First Midwest Bancorp Inc (NASDAQ:FMBI) announced its quarterly earnings results on Tuesday, July, 23rd. The financial services provider reported $0.50 EPS for the quarter, beating the consensus estimate of $0.47 by $0.03. The financial services provider had revenue of $190.02 million for the quarter, compared to analysts' expectations of $187.13 million. First Midwest Bancorp had a net margin of 23.58% and a return on equity of 9.51%. First Midwest Bancorp's revenue was up 14.9% on a year-over-year basis. During the same quarter last year, the business posted $0.40 earnings per share. View First Midwest Bancorp's Earnings History.

First Midwest Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, October 22nd 2019. View Earnings Estimates for First Midwest Bancorp.

4 brokers have issued 12-month price targets for First Midwest Bancorp's stock. Their predictions range from $24.00 to $26.00. On average, they expect First Midwest Bancorp's stock price to reach $25.00 in the next twelve months. This suggests a possible upside of 33.7% from the stock's current price. View Analyst Price Targets for First Midwest Bancorp.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Midwest Bancorp in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for First Midwest Bancorp.

News headlines about FMBI stock have been trending positive recently, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. First Midwest Bancorp earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the near future. View News Stories for First Midwest Bancorp.

Some companies that are related to First Midwest Bancorp include Zions Bancorporation NA (ZION), Akbank T.A.S. (AKBTY), BOK Financial (BOKF), Synovus Financial (SNV), Cullen/Frost Bankers (CFR), First Horizon National (FHN), Webster Financial (WBS), Pinnacle Financial Partners (PNFP), CIT Group (CIT), Sterling Bancorp (STL), PacWest Bancorp (PACW), F.N.B. (FNB), Valley National Bancorp (VLY), Community Bank System (CBU) and UMB Financial (UMBF).

Based on aggregate information from My MarketBeat watchlists, some companies that other First Midwest Bancorp investors own include Celgene (CELG), Cisco Systems (CSCO), Eli Lilly And Co (LLY), Fifth Third Bancorp (FITB), PrivateBancorp (PVTB), Qorvo (QRVO), American Airlines Group (AAL), Chimerix (CMRX), Huntington Bancshares (HBAN) and Home Bancshares (HOMB).

First Midwest Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.80%), BlackRock Inc. (14.32%), Vanguard Group Inc. (10.68%), Northern Trust Corp (2.03%), Pzena Investment Management LLC (1.41%) and Bank of New York Mellon Corp (1.36%). Company insiders that own First Midwest Bancorp stock include Arsdell Stephen C Van, Frank Blaise Modruson, James P Hotchkiss, James V Stadler, Kathryn Hayley, Mark G Sander, Michael C Spitler, Michael L Scudder, Patrick J Mcdonnell, Robert P Omeara and Thomas M Prame. View Institutional Ownership Trends for First Midwest Bancorp.

FMBI stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Renaissance Technologies LLC, Sterling Capital Management LLC, Skyline Asset Management LP, SG Americas Securities LLC, Banc Funds Co. LLC, JPMorgan Chase & Co. and Maltese Capital Management LLC. Company insiders that have sold First Midwest Bancorp company stock in the last year include James V Stadler and Michael L Scudder. View Insider Buying and Selling for First Midwest Bancorp.

FMBI stock was acquired by a variety of institutional investors in the last quarter, including Corvid Peak Capital Management LLC, Nuveen Asset Management LLC, Vanguard Group Inc., Jacobs Asset Management LLC, BlackRock Inc., BlackRock Inc., Northern Trust Corp and Marshall Wace LLP. Company insiders that have bought First Midwest Bancorp stock in the last two years include Arsdell Stephen C Van, Frank Blaise Modruson and Kathryn Hayley. View Insider Buying and Selling for First Midwest Bancorp.

Shares of FMBI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of FMBI stock can currently be purchased for approximately $18.70.

First Midwest Bancorp has a market capitalization of $2.07 billion and generates $727.08 million in revenue each year. The financial services provider earns $157.87 million in net income (profit) each year or $1.67 on an earnings per share basis. First Midwest Bancorp employs 2,046 workers across the globe.View Additional Information About First Midwest Bancorp.

The official website for First Midwest Bancorp is http://www.firstmidwest.com/.

First Midwest Bancorp's mailing address is 8750 WEST BRYN MAWR AVENUE SUITE 1300, CHICAGO IL, 60631. The financial services provider can be reached via phone at 708-831-7483 or via email at [email protected]