NASDAQ:FRME - First Merchants Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $36.01 +0.24 (+0.67 %) (As of 05/22/2019 05:07 AM ET)Previous Close$35.77Today's Range$35.76 - $36.1152-Week Range$32.49 - $50.44Volume159,000 shsAverage Volume174,870 shsMarket Capitalization$1.79 billionP/E Ratio11.18Dividend Yield2.46%Beta0.94 ProfileAnalyst RatingsChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans, as well as rents safe deposit facilities. The company also provides personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services, as well as electronic and mobile delivery channels. It operates 116 banking locations in 31 Indiana, 2 Illinois, and 2 Ohio counties. The company offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1982 and is headquartered in Muncie, Indiana. Receive FRME News and Ratings via Email Sign-up to receive the latest news and ratings for FRME and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NASDAQ Industry National commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:FRME Previous Symbol CUSIP32081710 CIK712534 Webhttp://www.firstmerchants.com/ Phone765-747-1500Debt Debt-to-Equity Ratio0.33 Current Ratio0.91 Quick Ratio0.92Price-To-Earnings Trailing P/E Ratio11.18 Forward P/E Ratio10.78 P/E Growth1.52 Sales & Book Value Annual Sales$484.40 million Price / Sales3.69 Cash Flow$3.4295 per share Price / Cash Flow10.50 Book Value$29.31 per share Price / Book1.23Profitability EPS (Most Recent Fiscal Year)$3.22 Net Income$159.14 million Net Margins32.34% Return on Equity11.59% Return on Assets1.63%Miscellaneous Employees1,702 Outstanding Shares49,670,000Market Cap$1.79 billion Next Earnings Date7/24/2019 (Estimated) OptionableOptionable First Merchants (NASDAQ:FRME) Frequently Asked Questions What is First Merchants' stock symbol? First Merchants trades on the NASDAQ under the ticker symbol "FRME." How often does First Merchants pay dividends? What is the dividend yield for First Merchants? First Merchants declared a quarterly dividend on Friday, May 10th. Stockholders of record on Monday, May 20th will be paid a dividend of $0.26 per share on Friday, June 21st. This represents a $1.04 annualized dividend and a dividend yield of 2.89%. The ex-dividend date of this dividend is Friday, May 17th. This is a boost from First Merchants's previous quarterly dividend of $0.22. View First Merchants' Dividend History. How were First Merchants' earnings last quarter? First Merchants Co. (NASDAQ:FRME) announced its earnings results on Thursday, April, 25th. The bank reported $0.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.80 by $0.02. The bank earned $103.58 million during the quarter, compared to analyst estimates of $107.28 million. First Merchants had a return on equity of 11.59% and a net margin of 32.34%. View First Merchants' Earnings History. When is First Merchants' next earnings date? First Merchants is scheduled to release their next quarterly earnings announcement on Wednesday, July 24th 2019. View Earnings Estimates for First Merchants. What price target have analysts set for FRME? 4 equities research analysts have issued 1 year target prices for First Merchants' stock. Their forecasts range from $42.00 to $47.00. On average, they expect First Merchants' share price to reach $44.3333 in the next twelve months. This suggests a possible upside of 23.1% from the stock's current price. View Analyst Price Targets for First Merchants. What is the consensus analysts' recommendation 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. Has First Merchants been receiving favorable news coverage? Headlines about FRME stock have trended neutral on Wednesday, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. First Merchants earned a coverage optimism score of 0.2 on InfoTrie's scale. They also assigned news articles about the bank a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the next few days. Who are some of First Merchants' key competitors? Some companies that are related to First Merchants include Cullen/Frost Bankers (CFR), BOK Financial (BOKF), Synovus Financial (SNV), CIT Group (CIT), Webster Financial (WBS), PacWest Bancorp (PACW), First Horizon National (FHN), Sterling Bancorp (STL), Pinnacle Financial Partners (PNFP), F.N.B. (FNB), MB Financial (MBFI), Valley National Bancorp (VLY), Community Bank System (CBU), TCF Financial (TCF) and UMB Financial (UMBF). What other stocks do shareholders of First Merchants own? Based on aggregate information from My MarketBeat watchlists, some companies that other First Merchants investors own include BankFinancial (BFIN), Goodyear Tire & Rubber (GT), Sirius XM (SIRI), Ball (BLL), ConocoPhillips (COP), Agellan Commercial Real Estate Invtmt TR (ACR.UN), Appian (APPN), Coupa Software (COUP), Amicus Therapeutics (FOLD) and I.D. Systems (IDSY). Who are First Merchants' key executives? First Merchants' management team includes the folowing people: Mr. Michael C. Rechin, Pres, CEO & Director (Age 60)Mr. Mark K. Hardwick, Exec. VP, CFO & COO (Age 48)Mr. Stephan H. Fluhler, Sr. VP & Chief Information Officer (Age 50)Mr. Michael J. Stewart, Exec. VP & Chief Banking Officer (Age 53)Ms. Nicole M. Weaver, VP & Director of Corp. Admin. Who are First Merchants' major shareholders? First Merchants' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.68%), Dimensional Fund Advisors LP (5.70%), Goldman Sachs Group Inc. (3.44%), Vaughan Nelson Investment Management L.P. (2.91%), Northern Trust Corp (2.20%) and The Manufacturers Life Insurance Company (2.12%). Company insiders that own First Merchants stock include 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. Which major investors are selling First Merchants stock? FRME stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Morgan Stanley, Marshall Wace LLP, Dean Investment Associates LLC, Oxford Asset Management LLP, SEI Investments Co, Pier Capital LLC and Renaissance Technologies LLC. Company insiders that have sold First Merchants company stock in the last year include Michael C Marhenke, Michael C Rechin and Stephan Fluhler. View Insider Buying and Selling for First Merchants. Which major investors are buying First Merchants stock? FRME stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, BlackRock Inc., Geode Capital Management LLC, Parametric Portfolio Associates LLC, First Merchants Corp, Wells Fargo & Company MN, Kennedy Capital Management Inc. and Charles Schwab Investment 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. How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab. What is First Merchants' stock price today? One share of FRME stock can currently be purchased for approximately $36.01. How big of a company is First Merchants? First Merchants has a market capitalization of $1.79 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. What is First Merchants' official website? The official website for First Merchants is http://www.firstmerchants.com/. How can I contact First Merchants? 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] MarketBeat Community Rating for First Merchants (NASDAQ FRME)Community Ranking: 2.2 out of 5 ( )Outperform Votes: 273 (Vote Outperform)Underperform Votes: 339 (Vote Underperform)Total Votes: 612MarketBeat's community ratings are surveys of what our community members think about First Merchants and other stocks. Vote "Outperform" if you believe FRME will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FRME will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 5/22/2019 by MarketBeat.com StaffFeatured Article: What Does a Sell-Side Analyst Rating Mean? Receive Analysts' Upgrades and Downgrades Daily Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.