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

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

First Midwest Bancorp announced a quarterly dividend on Thursday, November 21st. Shareholders of record on Friday, December 20th will be given a dividend of $0.14 per share on Tuesday, January 7th. This represents a $0.56 annualized dividend and a yield of 2.78%. The ex-dividend date is Thursday, December 19th. View First Midwest Bancorp's Dividend History.

First Midwest Bancorp Inc (NASDAQ:FMBI) issued its quarterly earnings results on Tuesday, January, 21st. The financial services provider reported $0.51 earnings per share for the quarter, topping analysts' consensus estimates of $0.50 by $0.01. The financial services provider had revenue of $194.86 million for the quarter, compared to analysts' expectations of $192.33 million. First Midwest Bancorp had a return on equity of 9.41% and a net margin of 23.08%. View First Midwest Bancorp's Earnings History.

First Midwest Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, April 28th 2020. View Earnings Estimates for First Midwest Bancorp.

4 brokerages have issued 12-month price targets for First Midwest Bancorp's stock. Their forecasts range from $22.00 to $23.00. On average, they anticipate First Midwest Bancorp's share price to reach $22.50 in the next twelve months. This suggests a possible upside of 11.8% 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 trended very positive on Wednesday, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. First Midwest Bancorp earned a media sentiment score of 3.3 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an effect on the company's share price in the near future. View News Stories for First Midwest Bancorp.

First Midwest Bancorp saw a increase in short interest in January. As of January 15th, there was short interest totalling 3,760,000 shares, an increase of 12.2% from the December 31st total of 3,350,000 shares. Based on an average trading volume of 505,200 shares, the days-to-cover ratio is presently 7.4 days. Currently, 3.5% of the company's stock are short sold. View First Midwest Bancorp's Current Options Chain.

Some companies that are related to First Midwest Bancorp include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), First Republic Bank (FRC), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Signature Bank (SBNY), Commerce Bancshares (CBSH), East West Bancorp (EWBC) and TCF Financial (TCF).

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

First Midwest Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Chartwell Investment Partners LLC (0.44%), Peregrine Capital Management LLC (0.30%), California Public Employees Retirement System (0.30%), Providence Wealth Advisors LLC (0.23%), Hennessy Advisors Inc. (0.18%) and State of Alaska Department of Revenue (0.08%). 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, 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 Strs Ohio, Arizona State Retirement System, Providence Wealth Advisors LLC, Lantz Financial LLC, Louisiana State Employees Retirement System, Nisa Investment Advisors LLC, State of Alaska Department of Revenue and Peregrine 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 bought by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Hennessy Advisors Inc., SG Americas Securities LLC, Virginia Retirement Systems ET AL, Sciencast Management LP and Chartwell Investment Partners LLC. 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, Robinhood, Fidelity and Charles Schwab.

One share of FMBI stock can currently be purchased for approximately $20.13.

First Midwest Bancorp has a market capitalization of $2.21 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 2,046 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]