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NASDAQ:MBINMerchants Bancorp Stock Price, Forecast & News

$19.35
+1.17 (+6.44 %)
(As of 06/5/2020 04:00 PM ET)
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Today's Range
$18.46
Now: $19.35
$19.80
50-Day Range
$13.00
MA: $15.39
$18.55
52-Week Range
$12.37
Now: $19.35
$21.90
Volume44,483 shs
Average Volume36,559 shs
Market Capitalization$556.12 million
P/E Ratio7.01
Dividend Yield1.76%
Beta1.03
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: 1.5Community Rank: 2.4Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.50 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$2.90 per share
Book Value$15.36 per share

Profitability

Net Income$77.33 million

Miscellaneous

Employees259
Market Cap$556.12 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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MBIN stock has increased by 21.2% and is now trading at $19.35. 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 2 buy ratings for the stock, resulting in a consensus recommendation of "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) posted its earnings results on Thursday, April, 23rd. The company reported $0.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.20. The business earned $58.26 million during the quarter, compared to analysts' expectations 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 announced a quarterly dividend on Thursday, May 21st. Shareholders 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 dividend on an annualized basis and a yield of 1.65%. The ex-dividend date is Friday, June 12th. View Merchants Bancorp's dividend history.

What price target have analysts set for MBIN?

2 analysts have issued 1 year price objectives for Merchants Bancorp's stock. Their forecasts range from $18.00 to $22.00. On average, they expect Merchants Bancorp's share price to reach $20.00 in the next year. This suggests a possible upside of 3.4% from the stock's current price. View analysts' price targets for Merchants Bancorp.

Has Merchants Bancorp been receiving favorable news coverage?

Media stories about MBIN stock have trended somewhat negative recently, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Merchants Bancorp earned a media sentiment score of -1.1 on InfoTrie's scale. They also gave news stories about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days. View the latest news aboutMerchants Bancorp.

Are investors shorting Merchants Bancorp?

Merchants Bancorp saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 94,700 shares, an increase of 26.6% from the April 30th total of 74,800 shares. Based on an average daily trading volume, of 36,200 shares, the days-to-cover ratio is currently 2.6 days. Currently, 1.1% 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 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 served 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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (3.24%), Basswood Capital Management L.L.C. (1.56%), State Street Corp (0.75%), Baird Financial Group Inc. (0.73%), Geode Capital Management LLC (0.64%) and Bank of New York Mellon Corp (0.48%). Company insiders that own Merchants Bancorp stock include Michael R Dury and Patrick D O'brien. View institutional ownership trends for Merchants Bancorp.

Which major investors are selling Merchants Bancorp stock?

MBIN stock was sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., BlackRock Inc., Morgan Stanley, Wells Fargo & Company MN, Bank of New York Mellon Corp, Two Sigma Advisers LP, Squarepoint Ops LLC, and UBS Group AG. View insider buying and selling activity for Merchants Bancorp.

Which major investors are buying Merchants Bancorp stock?

MBIN stock was purchased by a variety of institutional investors in the last quarter, including Cornercap Investment Counsel Inc., Basswood Capital Management L.L.C., Russell Investments Group Ltd., Wedge Capital Management L L P NC, Parametric Portfolio Associates LLC, Mackay Shields LLC, Oxford Financial Group Ltd., and Invesco Ltd.. 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 $19.35.

How big of a company is Merchants Bancorp?

Merchants Bancorp has a market capitalization of $556.12 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 6/6/2020 by MarketBeat.com Staff

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