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NASDAQ:MBINMerchants Bancorp Stock Price, Forecast & News

$16.54
+0.61 (+3.83 %)
(As of 07/10/2020 04:00 PM ET)
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Today's Range
$15.89
Now: $16.54
$16.54
50-Day Range
$15.99
MA: $17.36
$19.35
52-Week Range
$12.37
Now: $16.54
$21.90
Volume15,300 shs
Average Volume39,312 shs
Market Capitalization$475.36 million
P/E Ratio5.99
Dividend Yield2.01%
Beta1.04
Merchants Bancorp operates as the diversified bank holding company in the United States. The company operates in three segments: Multi-family Mortgage Banking, Mortgage Warehousing, and Banking. The Multi-family Mortgage Banking segment originates and services government sponsored mortgages for multi-family and healthcare facilities. The Mortgage Warehousing segment funds agency eligible residential loans, including origination, purchase, and sale in the secondary market, as well as commercial loans to non-depository financial institutions. The Banking segment offers a range of financial products and services to consumers and businesses, such as various types of deposit products comprising checking, savings, and time deposit accounts; commercial, commercial real estate, mortgage, and other consumer loan products; and letters of credit, as well as engages in the retail banking, agricultural lending, single family mortgage lending, small business administration lending, and correspondent lending and servicing businesses. It operates 14 offices. Merchants Bancorp was founded in 1990 and is headquartered in Carmel, Indiana.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.8Community Rank: 2.4Dividend Strength: 2.5Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.58 out of 5 stars


Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:MBIN
CUSIPN/A
Phone317-569-7420

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$259.08 million
Cash Flow$2.83 per share
Book Value$15.36 per share

Profitability

Net Income$77.33 million

Miscellaneous

Employees259
Market Cap$475.36 million
Next Earnings Date8/4/2020 (Estimated)
OptionableOptionable

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Merchants Bancorp (NASDAQ:MBIN) Frequently Asked Questions

How has Merchants Bancorp's stock been impacted by COVID-19 (Coronavirus)?

Merchants Bancorp's stock was trading at $15.97 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MBIN shares have increased by 3.6% and is now trading at $16.54. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Merchants Bancorp?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Merchants Bancorp in the last year. There are currently 1 buy rating and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Strong Buy." View analyst ratings for Merchants Bancorp.

When is Merchants Bancorp's next earnings date?

Merchants Bancorp is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Merchants Bancorp.

How were Merchants Bancorp's earnings last quarter?

Merchants Bancorp (NASDAQ:MBIN) issued its quarterly earnings results on Thursday, April, 23rd. The company reported $0.73 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.53 by $0.20. The company earned $58.26 million during the quarter, compared to analyst estimates of $43.93 million. Merchants Bancorp had a net margin of 30.85% and a return on equity of 21.25%. View Merchants Bancorp's earnings history.

How often does Merchants Bancorp pay dividends? What is the dividend yield for Merchants Bancorp?

Merchants Bancorp declared a quarterly dividend on Thursday, May 21st. Investors of record on Monday, June 15th will be given a dividend of $0.08 per share on Wednesday, July 1st. This represents a $0.32 annualized dividend and a yield of 1.93%. The ex-dividend date is Friday, June 12th. View Merchants Bancorp's dividend history.

What price target have analysts set for MBIN?

2 equities research analysts have issued twelve-month target prices for Merchants Bancorp's stock. Their forecasts range from $18.00 to $22.00. On average, they anticipate Merchants Bancorp's stock price to reach $20.00 in the next twelve months. This suggests a possible upside of 20.9% from the stock's current price. View analysts' price targets for Merchants Bancorp.

Has Merchants Bancorp been receiving favorable news coverage?

Media coverage about MBIN stock has trended neutral this week, InfoTrie reports. The research group rates the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Merchants Bancorp earned a daily sentiment score of 0.2 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news about Merchants Bancorp.

Are investors shorting Merchants Bancorp?

Merchants Bancorp saw a drop in short interest in the month of June. As of June 30th, there was short interest totaling 73,700 shares, a drop of 6.8% from the June 15th total of 79,100 shares. Based on an average daily volume of 38,300 shares, the short-interest ratio is presently 1.9 days. Currently, 0.9% of the shares of the stock are short sold. View Merchants Bancorp's Current Options Chain.

Who are some of Merchants Bancorp's key competitors?

What other stocks do shareholders of Merchants Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Merchants Bancorp investors own include Intelsat (I), AMC Entertainment (AMC), Bank of America (BAC), Fossil Group (FOSL), China Unicom (Hong Kong) (CHU), Ciena (CIEN), Associated British Foods (ABF), Apollo Global Management (APO), Chaarat Gold (CGH) and Cypress Semiconductor (CY).

Who are Merchants Bancorp's key executives?

Merchants Bancorp's management team includes the following people:
  • Mr. Michael F. Petrie, Chairman, CEO & Sec. (Age 65)
  • Mr. Michael J. Dunlap, Pres, COO & Director (Age 53)
  • Mr. Michael R. Dury, Exec. VP & COO of P/RMIC (Age 34)
  • Mr. John F. Macke, Exec. VP, CFO & Chief Accounting Officer (Age 54)
  • Tami Durle, Mang. SEC Reporting

When did Merchants Bancorp IPO?

(MBIN) raised $101 million in an initial public offering (IPO) on Friday, October 27th 2017. The company issued 5,600,000 shares at $17.00-$19.00 per share. Sandler O'Neill + Partners, Stephens and Raymond James acted as the underwriters for the IPO and SunTrust Robinson Humphrey was co-manager.

What is Merchants Bancorp's stock symbol?

Merchants Bancorp trades on the NASDAQ under the ticker symbol "MBIN."

Who are Merchants Bancorp's major shareholders?

Merchants Bancorp's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.12%). Company insiders that own Merchants Bancorp stock include Michael R Dury and Patrick D O'brien. View institutional ownership trends for Merchants Bancorp.

Which institutional investors are buying Merchants Bancorp stock?

MBIN stock was acquired by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC. Company insiders that have bought Merchants Bancorp stock in the last two years include Michael R Dury, and Patrick D O'brien. View insider buying and selling activity for Merchants Bancorp.

How do I buy shares of Merchants Bancorp?

Shares of MBIN 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.

What is Merchants Bancorp's stock price today?

One share of MBIN stock can currently be purchased for approximately $16.54.

How big of a company is Merchants Bancorp?

Merchants Bancorp has a market capitalization of $475.36 million and generates $259.08 million in revenue each year. The company earns $77.33 million in net income (profit) each year or $2.37 on an earnings per share basis. Merchants Bancorp employs 259 workers across the globe.

What is Merchants Bancorp's official website?

The official website for Merchants Bancorp is www.merchantsbankofindiana.com.

How can I contact Merchants Bancorp?

Merchants Bancorp's mailing address is 410 MONON BLVD, CARMEL IN, 46032. The company can be reached via phone at 317-569-7420.

This page was last updated on 7/11/2020 by MarketBeat.com Staff

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