First Merchants Stock Price, News & Analysis (NASDAQ:FRME)

First Merchants trades on the NASDAQ under the ticker symbol "FRME."

First Merchants announced a quarterly dividend on Thursday, August 8th. Shareholders of record on Friday, September 6th will be paid a dividend of $0.26 per share on Friday, September 20th. This represents a $1.04 annualized dividend and a yield of 2.76%. The ex-dividend date is Thursday, September 5th. View First Merchants' Dividend History.

First Merchants Co. (NASDAQ:FRME) announced its quarterly earnings results on Thursday, July, 25th. The bank reported $0.83 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.80 by $0.03. The bank had revenue of $106.89 million for the quarter, compared to the consensus estimate of $109.10 million. First Merchants had a return on equity of 11.36% and a net margin of 31.66%. View First Merchants' Earnings History.

First Merchants is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for First Merchants.

First Merchants will be holding an earnings conference call on Thursday, October 24th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

5 Wall Street analysts have issued twelve-month target prices for First Merchants' shares. Their forecasts range from $39.00 to $47.00. On average, they expect First Merchants' share price to reach $43.20 in the next twelve months. This suggests a possible upside of 14.6% from the stock's current price. View Analyst Price Targets for First Merchants.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Merchants in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for First Merchants.

News stories about FRME stock have been trending negative on Friday, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. First Merchants earned a media sentiment score of -2.0 on InfoTrie's scale. They also gave news articles about the bank a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for First Merchants.

Some companies that are related to First Merchants include Akbank T.A.S. (AKBTY), Cullen/Frost Bankers (CFR), BOK Financial (BOKF), Synovus Financial (SNV), First Horizon National (FHN), Pinnacle Financial Partners (PNFP), Webster Financial (WBS), PacWest Bancorp (PACW), CIT Group (CIT), Sterling Bancorp (STL), F.N.B. (FNB), Valley National Bancorp (VLY), Community Bank System (CBU), UMB Financial (UMBF) and Centerstate Bank (CSFL).

Based on aggregate information from My MarketBeat watchlists, some companies that other First Merchants investors own include BankFinancial (BFIN), Steel Dynamics (STLD), Exxon Mobil (XOM), Venus Metals (VMC), Goodyear Tire & Rubber (GT), Sirius XM (SIRI), BB&T (BBT), Ball (BLL), Bristol-Myers Squibb (BMY) and ConocoPhillips (COP).

First Merchants' stock is owned by many different of institutional and retail investors. Top institutional investors include Park National Corp OH (0.15%), Envestnet Asset Management Inc. (0.06%), Denali Advisors LLC (0.04%), Bailard Inc. (0.01%) and Valeo Financial Advisors LLC (0.00%). Company insiders that own First Merchants stock include Charles E Schalliol, Gary Lehman, Mark K Hardwick, Michael C Marhenke, Michael C Rechin, Michael J Stewart, Michele Kawiecki, Patrick A Sherman, Stephan Fluhler and Terry L Walker. View Institutional Ownership Trends for First Merchants.

FRME stock was sold by a variety of institutional investors in the last quarter, including Valeo Financial Advisors LLC and Park National Corp OH. Company insiders that have sold First Merchants company stock in the last year include Charles E Schalliol and Stephan Fluhler. View Insider Buying and Selling for First Merchants.

FRME stock was purchased by a variety of institutional investors in the last quarter, including Denali Advisors LLC, Bailard Inc. and Envestnet Asset Management Inc.. Company insiders that have bought First Merchants stock in the last two years include Gary Lehman, Michael C Marhenke, Patrick A Sherman and Terry L Walker. View Insider Buying and Selling for First Merchants.

Shares of FRME 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 FRME stock can currently be purchased for approximately $37.71.

First Merchants has a market capitalization of $1.87 billion and generates $484.40 million in revenue each year. The bank earns $159.14 million in net income (profit) each year or $3.22 on an earnings per share basis. First Merchants employs 1,702 workers across the globe.View Additional Information About First Merchants.

The official website for First Merchants is http://www.firstmerchants.com/.

First Merchants' mailing address is 200 EAST JACKSON STREET, MUNCIE IN, 47305. The bank can be reached via phone at 765-747-1500 or via email at [email protected]