NASDAQ:FRME First Merchants (FRME) Stock Price, News & Analysis $37.11 -1.01 (-2.65%) Closing price 08/1/2025 04:00 PM EasternExtended Trading$37.11 0.00 (0.00%) As of 08/1/2025 04:10 PM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsBuy This Stock About First Merchants Stock (NASDAQ:FRME) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get First Merchants alerts:Sign Up Key Stats Today's Range$36.81▼$37.9050-Day Range$35.37▼$41.7352-Week Range$33.13▼$46.13Volume240,013 shsAverage Volume350,441 shsMarket Capitalization$2.16 billionP/E Ratio9.61Dividend Yield3.88%Price Target$46.20Consensus RatingModerate Buy Company Overview First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. The company offers a range of financial services, including time, savings, and demand deposits; and consumer, commercial, agri-business, public finance, and real estate mortgage loans. It also provides personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. The company operates banking locations in Indiana, Illinois, Ohio, and Michigan counties. It also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana. Read More First Merchants Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks98th Percentile Overall ScoreFRME MarketRank™: First Merchants scored higher than 98% of companies evaluated by MarketBeat, and ranked 55th out of 918 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.4 / 5Analyst RatingModerate Buy Consensus RatingFirst Merchants has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageFirst Merchants has only been the subject of 1 research reports in the past 90 days.Read more about First Merchants' stock forecast and price target. Earnings and Valuation3.1 / 5Proj. Earnings Growth7.12% Earnings GrowthEarnings for First Merchants are expected to grow by 7.12% in the coming year, from $3.79 to $4.06 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First Merchants is 9.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 28.11.Price to Earnings Ratio vs. SectorThe P/E ratio of First Merchants is 9.61, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.76.Price to Book Value per Share RatioFirst Merchants has a P/B Ratio of 0.95. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Short Interest5.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.15% of the outstanding shares of First Merchants have been sold short.Short Interest Ratio / Days to CoverFirst Merchants has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in First Merchants has recently decreased by 23.28%, indicating that investor sentiment is improving significantly. Dividend5.0 / 5Dividend StrengthStrong Dividend LeadershipFirst Merchants is a leading dividend payer. It pays a dividend yield of 3.88%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthFirst Merchants has been increasing its dividend for 13 years.Dividend CoverageThe dividend payout ratio of First Merchants is 37.31%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, First Merchants will have a dividend payout ratio of 35.47% next year. This indicates that First Merchants will be able to sustain or increase its dividend.Read more about First Merchants' dividend. Sustainability and ESG2.5 / 5Environmental Score-0.67 Percentage of Shares Shorted1.15% of the outstanding shares of First Merchants have been sold short.Short Interest Ratio / Days to CoverFirst Merchants has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in First Merchants has recently decreased by 23.28%, indicating that investor sentiment is improving significantly. News and Social Media2.6 / 5News Sentiment0.71 News SentimentFirst Merchants has a news sentiment score of 0.71. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for First Merchants this week, compared to 4 articles on an average week.MarketBeat Follows3 people have added First Merchants to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, First Merchants insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.40% of the stock of First Merchants is held by insiders.Percentage Held by Institutions73.92% of the stock of First Merchants is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about First Merchants' insider trading history. Receive FRME Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First Merchants and its competitors with MarketBeat's FREE daily newsletter. Email Address FRME Stock News HeadlinesFirst Merchants (FRME) Stock Rating Maintained, Price Target Adjusted | FRME Stock NewsJuly 28, 2025 | gurufocus.comFirst Merchants Corporation (FRME) Q2 2025 Earnings Call TranscriptJuly 24, 2025 | seekingalpha.comProtect Your Bank Account with THESE 4 Simple StepsStarting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account. | Weiss Ratings (Ad)First Merchants Corporation 2025 Q2 - Results - Earnings Call PresentationJuly 24, 2025 | seekingalpha.comFirst Merchants Corporation Announces Second Quarter 2025 Earnings Per ShareJuly 24, 2025 | finanznachrichten.deFirst Merchants (NASDAQ:FRME) Reports Sales Below Analyst Estimates In Q2 EarningsJuly 24, 2025 | finance.yahoo.comFirst Merchants (FRME) Reports Q2 Revenue and Strong Capital Position | FRME Stock NewsJuly 23, 2025 | gurufocus.comFRME - First Merchants Corp Executives - MorningstarJuly 16, 2025 | morningstar.comMSee More Headlines FRME Stock Analysis - Frequently Asked Questions How have FRME shares performed this year? First Merchants' stock was trading at $39.89 at the beginning of the year. Since then, FRME shares have decreased by 7.0% and is now trading at $37.11. How were First Merchants' earnings last quarter? First Merchants Corporation (NASDAQ:FRME) issued its quarterly earnings results on Wednesday, July, 23rd. The bank reported $0.98 EPS for the quarter, beating the consensus estimate of $0.94 by $0.04. The bank earned $170.52 million during the quarter, compared to the consensus estimate of $172.13 million. First Merchants had a net margin of 21.35% and a trailing twelve-month return on equity of 9.91%. Read the conference call transcript. Who are First Merchants' major shareholders? Top institutional shareholders of First Merchants include William Blair Investment Management LLC (1.24%), First Merchants Corp (0.93%), Denali Advisors LLC (0.30%) and Envestnet Asset Management Inc. (0.29%). Insiders that own company stock include Patrick J Fehring, Michael J Stewart, Michael C Rechin, Gary Lehman, Charles E Schalliol, Howard Halderman, Stephan Fluhler and Jason R Sondhi. View institutional ownership trends. How do I buy shares of First Merchants? Shares of FRME stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. What other stocks do shareholders of First Merchants own? Based on aggregate information from My MarketBeat watchlists, some other companies that First Merchants investors own include Tesla (TSLA), JPMorgan Chase & Co. (JPM), NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX) and Visa (V). Company Calendar Record date for 6/20 Dividend6/06/2025Ex-Dividend for 6/20 Dividend6/06/2025Dividend Payable6/20/2025Last Earnings7/23/2025Today8/04/2025Next Earnings (Estimated)10/23/2025Fiscal Year End12/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry BANKS - MIDWEST Sub-IndustryRegional Banks Current SymbolNASDAQ:FRME CIK712534 Webwww.firstmerchants.com Phone(765) 747-1500Fax765-282-6304Employees2,120Year Founded1982Price Target and Rating Average Price Target for First Merchants$46.20 High Price Target$50.00 Low Price Target$38.00 Potential Upside/Downside+24.5%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Trailing Twelve Months)$3.86 Trailing P/E Ratio9.61 Forward P/E Ratio9.79 P/E GrowthN/ANet Income$201.40 million Net Margins21.35% Pretax Margin22.58% Return on Equity9.91% Return on Assets1.24% Debt Debt-to-Equity Ratio0.45 Current Ratio0.90 Quick Ratio0.90 Sales & Book Value Annual Sales$1.07 billion Price / Sales2.02 Cash Flow$3.96 per share Price / Cash Flow9.38 Book Value$38.86 per share Price / Book0.95Miscellaneous Outstanding Shares58,310,000Free Float57,491,000Market Cap$2.16 billion OptionableOptionable Beta1.08 Social Links The 10 Best AI Stocks to Own in 2025Wondering where to start (or end) with AI stocks? 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