NASDAQ:FRME - First Merchants Stock Price, Forecast & News

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

First Merchants declared a quarterly dividend on Thursday, November 7th. Shareholders of record on Friday, December 6th will be given a dividend of $0.26 per share on Friday, December 20th. This represents a $1.04 annualized dividend and a dividend yield of 2.61%. The ex-dividend date of this dividend is Thursday, December 5th. View First Merchants' Dividend History.

First Merchants Co. (NASDAQ:FRME) announced its earnings results on Thursday, October, 24th. The bank reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.08. The bank earned $111.05 million during the quarter, compared to the consensus estimate of $109.87 million. First Merchants had a return on equity of 10.36% and a net margin of 29.88%. View First Merchants' Earnings History.

First Merchants is scheduled to release their next quarterly earnings announcement on Thursday, January 30th 2020. View Earnings Estimates for First Merchants.

First Merchants will be holding an earnings conference call on Thursday, January 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

4 analysts have issued twelve-month price targets for First Merchants' stock. Their forecasts range from $39.00 to $44.00. On average, they expect First Merchants' share price to reach $42.25 in the next year. This suggests a possible upside of 6.0% from the stock's current price. View Analyst Price Targets for First Merchants.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Merchants in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for First Merchants.

Headlines about FRME stock have been trending somewhat negative recently, InfoTrie reports. InfoTrie identifies negative and positive press 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 Merchants earned a coverage optimism score of -1.4 on InfoTrie's scale. They also assigned news coverage about the bank a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for First Merchants.

Some companies that are related to First Merchants include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), First Republic Bank (FRC), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Signature Bank (SBNY), Commerce Bancshares (CBSH), East West Bancorp (EWBC) and TCF Financial (TCF).

Based on aggregate information from My MarketBeat watchlists, some companies that other First Merchants investors own include BankFinancial (BFIN), Main Street Capital (MAIN), Exxon Mobil (XOM), Walgreens Boots Alliance (WBA), AbbVie (ABBV), Enbridge (ENB), Altria Group (MO), ONEOK (OKE), Tanger Factory Outlet Centers (SKT) and Gilead Sciences (GILD).

First Merchants' stock is owned by a variety of of retail and institutional investors. Top institutional investors include California Public Employees Retirement System (0.31%), Strs Ohio (0.13%), Park National Corp OH (0.12%), Virginia Retirement Systems ET AL (0.09%), Atlas Brown Inc. (0.03%) and Norris Perne & French LLP MI (0.03%). Company insiders that own First Merchants stock include Charles E Schalliol, Gary Lehman, Jeffrey B Lorentson, 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 Park National Corp OH and Norris Perne & French LLP MI. Company insiders that have sold First Merchants company stock in the last year include Charles E Schalliol, Jeffrey B Lorentson, Michael J Stewart and Stephan Fluhler. View Insider Buying and Selling for First Merchants.

FRME stock was acquired by a variety of institutional investors in the last quarter, including Strs Ohio, California Public Employees Retirement System, Atlas Brown Inc. and Virginia Retirement Systems ET AL. Company insiders that have bought First Merchants stock in the last two years include Gary Lehman, 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 $39.84.

First Merchants has a market capitalization of $2.22 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]