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

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

First Merchants declared a quarterly dividend on Thursday, August 8th. Investors 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 dividend on an annualized basis and a dividend yield of 2.69%. The ex-dividend date of this dividend is Thursday, September 5th. View First Merchants' Dividend History.

First Merchants Co. (NASDAQ:FRME) announced its earnings results on Thursday, July, 25th. The bank reported $0.83 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.80 by $0.03. The bank earned $106.89 million during the quarter, compared to analyst estimates 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 analysts have issued 12-month target prices for First Merchants' shares. Their predictions range from $39.00 to $47.00. On average, they anticipate First Merchants' stock price to reach $43.20 in the next twelve months. This suggests a possible upside of 11.9% 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.

Media stories about FRME stock have trended somewhat negative this week, according to InfoTrie Sentiment. The research group rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. First Merchants earned a coverage optimism score of -1.7 on InfoTrie's scale. They also assigned news headlines 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), BB&T (BBT), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), KeyCorp (KEY), First Republic Bank (FRC), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Commerce Bancshares (CBSH), Signature Bank (SBNY), East West Bancorp (EWBC) and Cullen/Frost Bankers (CFR).

Based on aggregate information from My MarketBeat watchlists, some companies that other First Merchants investors own include BankFinancial (BFIN), Goodyear Tire & Rubber (GT), Steel Dynamics (STLD), New Residential Investment (NRZ), Ventas (VTR), Exxon Mobil (XOM), Venus Metals (VMC), Sirius XM (SIRI), American Electric Power (AEP) and Boeing (BA).

First Merchants' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Park National Corp OH (0.15%), OLD National Bancorp IN (0.10%), Virginia Retirement Systems ET AL (0.10%), Envestnet Asset Management Inc. (0.06%), Denali Advisors LLC (0.04%) and Windsor Group LTD (0.03%). 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, Virginia Retirement Systems ET AL, Windsor Group LTD 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 bought by a variety of institutional investors in the last quarter, including Denali Advisors LLC, Bailard Inc., OLD National Bancorp IN 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 $38.60.

First Merchants has a market capitalization of $1.92 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]