Positive News SentimentPositive NewsNASDAQ:MBIN Merchants Bancorp (MBIN) Stock Forecast, Price & News $27.21 -0.14 (-0.51%) (As of 04:00 PM ET) Add Compare Share Share Today's Range$27.09▼$27.3350-Day Range$22.27▼$27.3552-Week Range$21.50▼$31.36Volume42,035 shsAverage Volume71,786 shsMarket Capitalization$1.18 billionP/E Ratio6.02Dividend Yield1.18%Price Target$34.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Merchants Bancorp MarketRank™ ForecastAnalyst RatingStrong Buy3.50 Rating ScoreUpside/Downside26.8% Upside$34.50 Price TargetShort InterestBearish2.30% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment1.72Based on 3 Articles This WeekInsider TradingAcquiring Shares$199,159 Bought Last QuarterProj. Earnings Growth1.49%From $4.69 to $4.76 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.04 out of 5 starsFinance Sector81st out of 862 stocksState Commercial Banks Industry25th out of 176 stocks 3.8 Analyst's Opinion Consensus RatingMerchants Bancorp has received a consensus rating of Strong Buy. The company's average rating score is 3.50, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $34.50, Merchants Bancorp has a forecasted upside of 26.8% from its current price of $27.20.Amount of Analyst CoverageMerchants Bancorp has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.30% of the float of Merchants Bancorp has been sold short.Short Interest Ratio / Days to CoverMerchants Bancorp has a short interest ratio ("days to cover") of 4.3.Change versus previous monthShort interest in Merchants Bancorp has recently increased by 6.84%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend YieldMerchants Bancorp pays a meaningful dividend of 1.17%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMerchants Bancorp has been increasing its dividend for 6 years.Dividend CoverageThe dividend payout ratio of Merchants Bancorp is 7.08%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Merchants Bancorp will have a dividend payout ratio of 6.72% next year. This indicates that Merchants Bancorp will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MBIN. Previous Next 3.7 News and Social Media Coverage News SentimentMerchants Bancorp has a news sentiment score of 1.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Merchants Bancorp this week, compared to 1 article on an average week.MarketBeat Follows2 people have added Merchants Bancorp to their MarketBeat watchlist in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Merchants Bancorp insiders have bought 16.64% more of their company's stock than they have sold. Specifically, they have bought $199,159.00 in company stock and sold $170,750.00 in company stock.Percentage Held by Insiders40.75% of the stock of Merchants Bancorp is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 23.14% of the stock of Merchants Bancorp is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Merchants Bancorp are expected to grow by 1.49% in the coming year, from $4.69 to $4.76 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Merchants Bancorp is 6.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.49.Price to Earnings Ratio vs. SectorThe P/E ratio of Merchants Bancorp is 6.02, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 144.49.Price to Book Value per Share RatioMerchants Bancorp has a P/B Ratio of 1.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Merchants Bancorp (NASDAQ:MBIN) StockMerchants Bancorp is a bank holding company, which specializes in multiple lines of business in banking and finance. It operates through the following segments: Multi-Family Mortgage Banking, Mortgage Warehousing, and Banking. The Multi-Family Mortgage Banking segment engages in mortgage banking, specializing in originating and servicing loans for multi-family rental housing and healthcare facility financing, particularly for senior living properties. The Mortgage Warehousing segment funds agency eligible loans for non-depository financial institutions from the date of origination or purchase until the date of sale to an investor. The Banking segment refers to financial products and services to consumers and businesses, including commercial, commercial real estate, mortgage, and other consumer loan products, and letters of credit and various types of deposit products, including checking, savings and time deposit accounts. The company was founded by Michael Petrie and Randall D. Rogers in 1990 and is headquartered in Carmel, IN.Read More Receive MBIN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Merchants Bancorp and its competitors with MarketBeat's FREE daily newsletter. Email Address MBIN Stock News HeadlinesJune 9, 2023 | fool.comMerchants Bancorp (NASDAQ: MBIN)May 23, 2023 | finance.yahoo.comMerchants Bancorp (NASDAQ:MBIN) Has Announced A Dividend Of $0.08June 9, 2023 | Behind the Markets (Ad)[BREAKING] Small Firm Develops World's First Anti-Aircraft LaserSmall cap wins $1.65 billion contract to make them. GlobeNewswire says this is a $51.1 Billion market by 2026. See why this stock could soar 2,476% >>>May 21, 2023 | msn.comMerchants Bancorp (MBIN) Declares $0.08 DividendMay 20, 2023 | americanbankingnews.comInsider Selling: Merchants Bancorp (NASDAQ:MBIN) CEO Sells $85,750.00 in StockMay 19, 2023 | msn.comMerchants Bancorp 8.25% DEP PFD D declares $0.5156 dividendMay 17, 2023 | americanbankingnews.comMerchants Bancorp (NASDAQ:MBIN) Short Interest UpdateMay 17, 2023 | americanbankingnews.comMerchants Bancorp (NASDAQ:MBIN) CEO Michael F. Petrie Sells 5,000 SharesJune 9, 2023 | Behind the Markets (Ad)[BREAKING] Small Firm Develops World's First Anti-Aircraft LaserSmall cap wins $1.65 billion contract to make them. GlobeNewswire says this is a $51.1 Billion market by 2026. See why this stock could soar 2,476% >>>May 10, 2023 | finance.yahoo.comMerchants Bank of Indiana Receives Superior Rating from IDC Financial Publishing, Inc.May 7, 2023 | americanbankingnews.comMichael J. Dunlap Buys 4,000 Shares of Merchants Bancorp (NASDAQ:MBIN) StockMay 4, 2023 | americanbankingnews.comMerchants Bancorp (NASDAQ:MBIN) SVP Terry A. Oznick Acquires 755 SharesMay 2, 2023 | americanbankingnews.comMerchants Bancorp (NASDAQ:MBIN) PT Lowered to $31.00May 1, 2023 | msn.comPiper Sandler Maintains Merchants Bancorp (MBIN) Overweight RecommendationApril 27, 2023 | finance.yahoo.comMerchants Bancorp (MBIN) Misses Q1 Earnings and Revenue EstimatesApril 27, 2023 | finance.yahoo.comMerchants Bancorp Reports First Quarter 2023 ResultsApril 26, 2023 | msn.comMerchants Bancorp Earnings PreviewApril 24, 2023 | americanbankingnews.comFinancial Review: Merchants Bancorp (NASDAQ:MBIN) and First National (NASDAQ:FXNC)April 20, 2023 | finance.yahoo.comMerchants Bancorp (MBIN) Earnings Expected to Grow: What to Know Ahead of Q1 ReleaseApril 5, 2023 | finance.yahoo.comInvesting in Merchants Bancorp (NASDAQ:MBIN) three years ago would have delivered you a 184% gainMarch 31, 2023 | marketwatch.com8-K: Merchants BancorpMarch 29, 2023 | finance.yahoo.comWhat Makes Merchants Bancorp (MBIN) a New Strong Buy StockMarch 13, 2023 | finance.yahoo.comMerchants Bancorp Confirms its Liquidity Remains StrongMarch 13, 2023 | seekingalpha.comFarmers & Merchants Bancorp: Attractively Valued But Earnings Likely To Be FlattishMarch 9, 2023 | finance.yahoo.comHere's What We Like About Merchants Bancorp's (NASDAQ:MBIN) Upcoming DividendMarch 3, 2023 | benzinga.comMerchants Bancorp Stock (NASDAQ:MBIN), Short Interest ReportMarch 3, 2023 | benzinga.comMerchants Bancorp Stock (NASDAQ:MBIN), Guidance and ForecastSee More Headlines MBIN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MBIN Company Calendar Ex-Dividend for 4/3 Dividend3/14/2023Dividend Payable4/03/2023Last Earnings4/27/2023Today6/09/2023Ex-Dividend for 7/3 Dividend6/14/2023Dividend Payable7/03/2023Next Earnings (Estimated)7/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry State commercial banks Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:MBIN CUSIPN/A CIK1629019 Webwww.merchantsbankofindiana.com Phone(317) 569-7420Fax317-569-6481Employees481Year FoundedN/APrice Target and Rating Average Stock Price Forecast$34.50 High Stock Price Forecast$38.00 Low Stock Price Forecast$31.00 Forecasted Upside/Downside+26.1%Consensus RatingStrong Buy Rating Score (0-4)3.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$4.52 Trailing P/E Ratio6.05 Forward P/E Ratio5.83 P/E GrowthN/ANet Income$219.72 million Net Margins31.11% Pretax Margin41.24% Return on Equity23.98% Return on Assets1.80% Debt Debt-to-Equity Ratio1.23 Current Ratio1.05 Quick Ratio0.79 Sales & Book Value Annual Sales$606.77 million Price / Sales1.95 Cash Flow$5.16 per share Price / Cash Flow5.30 Book Value$22.27 per share Price / Book1.23Miscellaneous Outstanding Shares43,230,000Free Float25,616,000Market Cap$1.18 billion OptionableOptionable Beta1.10 Key ExecutivesMichael F. PetrieChairman & Chief Executive OfficerMichael J. DunlapPresident, Co-Chief Operating Officer & DirectorJohn F. MackeChief Financial Officer & Executive Vice PresidentKevin T. LangfordChief Administrative Officer & Senior VPTerry A. OznickSecretary, General Counsel & Senior Vice PresidentKey CompetitorsLive Oak BancsharesNASDAQ:LOB1st SourceNASDAQ:SRCEFirst BuseyNASDAQ:BUSEVeritexNASDAQ:VBTXS&T BancorpNASDAQ:STBAView All CompetitorsInsiders & InstitutionsAmeriprise Financial Inc.Sold 3,334 shares on 5/22/2023Ownership: 0.045%JPMorgan Chase & Co.Bought 163,620 shares on 5/18/2023Ownership: 1.185%New York State Common Retirement FundSold 3,494 shares on 5/18/2023Ownership: 0.063%Advisory Services Network LLCBought 425 shares on 5/17/2023Ownership: 0.011%State Street CorpBought 2,778 shares on 5/16/2023Ownership: 0.863%View All Insider TransactionsView All Institutional Transactions MBIN Stock - Frequently Asked Questions Should I buy or sell Merchants Bancorp stock right now? 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. The consensus among Wall Street analysts is that investors should "strong buy" MBIN shares. View MBIN analyst ratings or view top-rated stocks. What is Merchants Bancorp's stock price forecast for 2023? 2 analysts have issued 1 year price objectives for Merchants Bancorp's stock. Their MBIN share price forecasts range from $31.00 to $38.00. On average, they predict the company's share price to reach $34.50 in the next year. This suggests a possible upside of 26.1% from the stock's current price. View analysts price targets for MBIN or view top-rated stocks among Wall Street analysts. How have MBIN shares performed in 2023? Merchants Bancorp's stock was trading at $24.32 on January 1st, 2023. Since then, MBIN stock has increased by 12.5% and is now trading at $27.35. View the best growth stocks for 2023 here. When is Merchants Bancorp's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023. View our MBIN earnings forecast. How were Merchants Bancorp's earnings last quarter? Merchants Bancorp (NASDAQ:MBIN) posted its quarterly earnings results on Thursday, April, 27th. The company reported $1.07 EPS for the quarter, missing the consensus estimate of $1.13 by $0.06. The company had revenue of $114.96 million for the quarter, compared to the consensus estimate of $117.65 million. Merchants Bancorp had a net margin of 31.11% and a trailing twelve-month return on equity of 23.98%. How often does Merchants Bancorp pay dividends? What is the dividend yield for Merchants Bancorp? Merchants Bancorp declared a quarterly dividend on Thursday, May 18th. Investors of record on Thursday, June 15th will be paid a dividend of $0.08 per share on Monday, July 3rd. This represents a $0.32 annualized dividend and a dividend yield of 1.17%. The ex-dividend date of this dividend is Wednesday, June 14th. Read our dividend analysis for MBIN. What ETFs hold Merchants Bancorp's stock? ETFs with the largest weight of Merchants Bancorp (NASDAQ:MBIN) stock in their portfolio include First Trust NASDAQ ABA Community Bank Index Fund (QABA), Invesco Raymond James SB-1 Equity ETF (RYJ), Royce Quant Small-Cap Quality Value ETF (SQLV), Invesco DWA SmallCap Momentum ETF (DWAS), Timothy Plan US Small Cap Core ETF (TPSC), WisdomTree U.S. SmallCap Fund (EES), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS) and Janus Henderson Small Cap Growth Alpha ETF (JSML). Is Merchants Bancorp a good dividend stock? Merchants Bancorp (NASDAQ:MBIN) pays an annual dividend of $0.32 per share and currently has a dividend yield of 1.17%. The company has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 7.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MBIN will have a dividend payout ratio of 6.72% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MBIN. When did Merchants Bancorp's stock split? Shares of Merchants Bancorp split on the morning of Tuesday, January 18th 2022. The 3-2 split was announced on Tuesday, January 18th 2022. The newly created shares were payable to shareholders after the closing bell on Tuesday, January 18th 2022. An investor that had 100 shares of stock prior to the split would have 150 shares after the split. 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). 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 a price of $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 a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (3.37%), Basswood Capital Management L.L.C. (1.70%), Dimensional Fund Advisors LP (1.32%), JPMorgan Chase & Co. (1.18%), Geode Capital Management LLC (1.01%) and State Street Corp (0.86%). Insiders that own company stock include Anne E Sellers, David N Shane, Michael F Petrie, Michael J Dunlap, Michael R Dury, Patrick D O'brien, Randall D Rogers, Susan Dehner Kucer and Terry A Oznick. View institutional ownership trends. How do I buy shares of Merchants Bancorp? Shares of MBIN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Merchants Bancorp's stock price today? One share of MBIN stock can currently be purchased for approximately $27.35. How much money does Merchants Bancorp make? Merchants Bancorp (NASDAQ:MBIN) has a market capitalization of $1.18 billion and generates $606.77 million in revenue each year. The company earns $219.72 million in net income (profit) each year or $4.52 on an earnings per share basis. How many employees does Merchants Bancorp have? The company employs 481 workers across the globe. How can I contact Merchants Bancorp? Merchants Bancorp's mailing address is 410 MONON BLVD, CARMEL IN, 46032. The official website for the company is www.merchantsbankofindiana.com. The company can be reached via phone at (317) 569-7420, via email at tdurle@merchantsbankofindiana.com, or via fax at 317-569-6481. This page (NASDAQ:MBIN) was last updated on 6/9/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Merchants Bancorp Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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