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

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

First Midwest Bancorp announced a quarterly dividend on Friday, August 17th. Stockholders of record on Friday, September 28th will be given a dividend of $0.11 per share on Tuesday, October 9th. This represents a $0.44 annualized dividend and a dividend yield of 1.93%. The ex-dividend date of this dividend is Thursday, September 27th. View First Midwest Bancorp's Dividend History.

First Midwest Bancorp Inc (NASDAQ:FMBI) issued its earnings results on Tuesday, October, 23rd. The financial services provider reported $0.46 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.46. The financial services provider had revenue of $167.69 million for the quarter, compared to analyst estimates of $168.87 million. First Midwest Bancorp had a net margin of 17.04% and a return on equity of 8.22%. During the same quarter in the prior year, the company posted $0.37 earnings per share. View First Midwest Bancorp's Earnings History.

First Midwest Bancorp is scheduled to release their next quarterly earnings announcement on Monday, February 4th 2019. View Earnings Estimates for First Midwest Bancorp.

7 brokers have issued 1-year price targets for First Midwest Bancorp's stock. Their predictions range from $25.00 to $30.00. On average, they expect First Midwest Bancorp's share price to reach $27.50 in the next twelve months. This suggests a possible upside of 20.9% from the stock's current price. View Analyst Price Targets for First Midwest Bancorp.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Midwest Bancorp in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for First Midwest Bancorp.

Headlines about FMBI stock have trended very negative recently, InfoTrie reports. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. First Midwest Bancorp earned a coverage optimism score of -3.3 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the immediate future.

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

First Midwest Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.44%), Dimensional Fund Advisors LP (6.36%), Fuller & Thaler Asset Management Inc. (2.77%), Bank of New York Mellon Corp (2.08%), Pzena Investment Management LLC (1.20%) and Schroder Investment Management Group (1.14%). Company insiders that own First Midwest Bancorp stock include Arsdell Stephen C Van, Frank Blaise Modruson, James P Hotchkiss, Mark G Sander, Michael C Spitler, Michael L Scudder, Patrick J Mcdonnell, Robert P Diedrich, Robert P Omeara, Thomas Lynn Brown 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 JPMorgan Chase & Co., JPMorgan Chase & Co., Banc Funds Co. LLC, Icon Advisers Inc. Co., Fuller & Thaler Asset Management Inc., Alliancebernstein L.P., Thrivent Financial for Lutherans and Laurion Capital Management LP. Company insiders that have sold First Midwest Bancorp company stock in the last year include James P Hotchkiss, Mark G Sander, Michael C Spitler, Michael L Scudder, Robert P Omeara and Thomas M Prame. View Insider Buying and Selling for First Midwest Bancorp.

FMBI stock was purchased by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, BlackRock Inc., Prudential Financial Inc., Dimensional Fund Advisors LP, Martingale Asset Management L P, Allianz Asset Management GmbH, Bank of New York Mellon Corp and Providence Wealth Advisors LLC. Company insiders that have bought First Midwest Bancorp stock in the last two years include Arsdell Stephen C Van, Frank Blaise Modruson and Thomas Lynn Brown. 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 $22.75.

First Midwest Bancorp has a market capitalization of $2.44 billion and generates $672.86 million in revenue each year. The financial services provider earns $98.38 million in net income (profit) each year or $1.35 on an earnings per share basis. First Midwest Bancorp employs 2,152 workers across the globe.

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]