NASDAQ:FMBIFirst Midwest Bancorp Stock Price, Forecast & News

First Midwest Bancorp's stock was trading at $14.67 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, FMBI stock has decreased by 16.8% and is now trading at $12.20. View which stocks have been most impacted by Coronavirus.

5 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 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for First Midwest Bancorp.

First Midwest Bancorp is scheduled to release its next quarterly earnings announcement on Tuesday, July 21st 2020. View our earnings forecast for First Midwest Bancorp.

First Midwest Bancorp will be holding an earnings conference call on Tuesday, July 21st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

First Midwest Bancorp Inc (NASDAQ:FMBI) released its earnings results on Thursday, April, 30th. The financial services provider reported $0.22 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.33 by $0.11. The financial services provider had revenue of $182.94 million for the quarter, compared to the consensus estimate of $182.33 million. First Midwest Bancorp had a return on equity of 8.10% and a net margin of 19.76%. View First Midwest Bancorp's earnings history.

First Midwest Bancorp declared a quarterly dividend on Tuesday, May 19th. Stockholders of record on Friday, June 26th will be paid a dividend of $0.14 per share on Tuesday, July 7th. This represents a $0.56 annualized dividend and a yield of 4.59%. The ex-dividend date of this dividend is Thursday, June 25th. View First Midwest Bancorp's dividend history.

5 Wall Street analysts have issued 1-year price targets for First Midwest Bancorp's shares. Their forecasts range from $13.00 to $23.00. On average, they expect First Midwest Bancorp's share price to reach $17.50 in the next twelve months. This suggests a possible upside of 43.4% from the stock's current price. View analysts' price targets for First Midwest Bancorp.

Media headlines about FMBI stock have trended somewhat positive this week, according to InfoTrie. The research group rates the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. First Midwest Bancorp earned a coverage optimism score of 1.2 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news about First Midwest Bancorp.

Some companies that are related to First Midwest Bancorp include Truist Financial (TFC), PNC Financial Services Group (PNC), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Signature Bank (SBNY), Prosperity Bancshares (PB), Zions Bancorporation NA (ZION), East West Bancorp (EWBC) and Cullen/Frost Bankers (CFR). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other First Midwest Bancorp investors own include Energy Transfer LP Unit (ET), Huntington Bancshares (HBAN), People's United Financial (PBCT), Cisco Systems (CSCO), Consolidated Edison (ED), Fifth Third Bancorp (FITB), Eli Lilly And Co (LLY), Marathon Petroleum (MPC), Walgreens Boots Alliance (WBA) and AbbVie (ABBV).

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

First Midwest Bancorp's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Skyline Asset Management LP (0.42%) and Envestnet Asset Management Inc. (0.07%). Company insiders that own First Midwest Bancorp stock include Arsdell Stephen C Van, Frank Blaise Modruson, James V Stadler, Kathryn Hayley, Mark G Sander, Michael L Scudder, Phupinder Gill, R Douglas Rose and Thomas M Prame. View institutional ownership trends for First Midwest Bancorp.

FMBI stock was bought by a variety of institutional investors in the last quarter, including Skyline Asset Management LP, and Envestnet Asset Management Inc.. Company insiders that have bought First Midwest Bancorp stock in the last two years include Arsdell Stephen C Van, Frank Blaise Modruson, Kathryn Hayley, Mark G Sander, Phupinder Gill, and R Douglas Rose. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of FMBI stock can currently be purchased for approximately $12.20.

First Midwest Bancorp has a market capitalization of $1.39 billion and generates $861.62 million in revenue each year. The financial services provider earns $199.74 million in net income (profit) each year or $1.98 on an earnings per share basis. First Midwest Bancorp employs 2,122 workers across the globe.

The official website for First Midwest Bancorp is 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]