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 paid a dividend of $0.14 per share on Tuesday, January 7th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.85%. The ex-dividend date of this dividend is Thursday, December 19th. View First Midwest Bancorp's Dividend History.

First Midwest Bancorp Inc (NASDAQ:FMBI) released its quarterly earnings data on Tuesday, January, 21st. The financial services provider reported $0.51 EPS for the quarter, beating analysts' consensus estimates of $0.50 by $0.01. The financial services provider earned $194.86 million during 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 equities research analysts have issued 1-year price targets for First Midwest Bancorp's shares. Their forecasts range from $22.00 to $23.00. On average, they anticipate First Midwest Bancorp's stock price to reach $22.50 in the next twelve months. This suggests a possible upside of 14.4% 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.

Media stories about FMBI stock have trended somewhat negative this week, InfoTrie reports. The research group identifies negative and positive news coverage by analyzing 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 nearest to five being the most favorable. First Midwest Bancorp earned a media sentiment score of -1.5 on InfoTrie's scale. They also assigned press coverage 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 effect on the stock's share price in the next several days. View News Stories for First Midwest Bancorp.

First Midwest Bancorp saw a increase in short interest in the month of 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 shares of the 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), KeyCorp (KEY), First Republic Bank (FRC), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Commerce Bancshares (CBSH), Zions Bancorporation NA (ZION), Signature Bank (SBNY), 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 investors include State Street Corp (3.67%), Goldman Sachs Group Inc. (2.37%), Pzena Investment Management LLC (1.68%), Endeavour Capital Advisors Inc. (1.45%), Bank of New York Mellon Corp (1.41%) and Geode Capital Management LLC (1.34%). 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, Prudential Financial Inc., Martingale Asset Management L P, Stifel Financial Corp, Banc Funds Co. LLC, State of New Jersey Common Pension Fund D, Arizona State Retirement System and Cubist Systematic Strategies LLC. View Insider Buying and Selling for First Midwest Bancorp.

FMBI stock was purchased by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Pzena Investment Management LLC, LSV Asset Management, Hotchkis & Wiley Capital Management LLC, Goldman Sachs Group Inc., Bank of New York Mellon Corp, Great West Life Assurance Co. Can and Foundry 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 $19.67.

First Midwest Bancorp has a market capitalization of $2.16 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]