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 Friday, November 16th. Stockholders of record on Friday, December 21st will be given a dividend of $0.12 per share on Tuesday, January 8th. This represents a $0.48 annualized dividend and a dividend yield of 2.33%. The ex-dividend date is Thursday, December 20th. This is a positive change from First Midwest Bancorp's previous quarterly dividend of $0.11. View First Midwest Bancorp's Dividend History.

First Midwest Bancorp Inc (NASDAQ:FMBI) released its quarterly earnings results on Tuesday, October, 23rd. The financial services provider reported $0.46 earnings per share for the quarter, meeting analysts' consensus estimates 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 period last year, the company earned $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.

6 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 $27.3750 in the next year. This suggests a possible upside of 32.6% from the stock's current price. View Analyst Price Targets for First Midwest Bancorp.

6 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 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for First Midwest Bancorp.

News coverage about FMBI stock has trended somewhat positive recently, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news 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 news impact score of 1.2 on InfoTrie's scale. They also assigned news articles about the financial services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near term.

First Midwest Bancorp saw a increase in short interest in November. As of November 15th, there was short interest totalling 2,921,462 shares, an increase of 38.0% from the October 31st total of 2,117,363 shares. Based on an average daily trading volume, of 519,106 shares, the short-interest ratio is presently 5.6 days. Approximately 2.8% of the shares of the company are short sold. View First Midwest Bancorp's Current Options Chain.

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

First Midwest Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.44%), Vanguard Group Inc. (9.68%), Vanguard Group Inc (9.68%), Dimensional Fund Advisors LP (6.36%), Fuller & Thaler Asset Management Inc. (2.77%) and Macquarie Group Ltd. (2.56%). 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., Federated Investors Inc. PA and Thrivent Financial for Lutherans. 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 acquired by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, BlackRock Inc., Glenmede Trust Co. NA, Prudential Financial Inc., Morgan Stanley, Vanguard Group Inc, Vanguard Group Inc. and Dimensional Fund Advisors LP. 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 $20.64.

First Midwest Bancorp has a market capitalization of $2.30 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]