Merchants Bancorp - MBIN Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Merchants Bancorp in the last twelve months. 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.

2 brokerages have issued 12 month price objectives for Merchants Bancorp's shares. Their MBIN share price forecasts range from $29.00 to $38.00. On average, they predict the company's share price to reach $33.50 in the next year. This suggests a possible upside of 24.2% from the stock's current price.
View analysts price targets for MBIN or view top-rated stocks among Wall Street analysts.

Merchants Bancorp's stock was trading at $24.32 at the start of the year. Since then, MBIN shares have increased by 10.9% and is now trading at $26.98.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our MBIN earnings forecast.

Merchants Bancorp (NASDAQ:MBIN) released its quarterly earnings results on Monday, January, 30th. The company reported $1.12 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.07 by $0.05. The firm earned $204.42 million during the quarter, compared to the consensus estimate of $111.40 million. Merchants Bancorp had a trailing twelve-month return on equity of 24.65% and a net margin of 36.21%.

Merchants Bancorp announced a quarterly dividend on Thursday, February 16th. Investors of record on Wednesday, March 15th will be given a dividend of $0.08 per share on Monday, April 3rd. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date is Tuesday, March 14th. This is a positive change from the stock's previous quarterly dividend of $0.07.
Read our dividend analysis for MBIN.

ETFs with the largest weight of Merchants Bancorp (NASDAQ:MBIN) stock in their portfolio include Invesco Raymond James SB-1 Equity ETF (RYJ), First Trust NASDAQ ABA Community Bank Index Fund (QABA), Royce Quant Small-Cap Quality Value ETF (SQLV), Timothy Plan US Small Cap Core ETF (TPSC), VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF), VictoryShares US Small Cap Volatility Wtd (CSA), IQ Chaikin U.S. Small Cap ETF (CSML) and WisdomTree U.S. SmallCap Fund (EES).

Merchants Bancorp (NASDAQ:MBIN) pays an annual dividend of $0.32 per share and currently has a dividend yield of 1.18%. 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 7.16%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MBIN will have a dividend payout ratio of 6.61% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MBIN.

Merchants Bancorp's stock split before market open on Tuesday, January 18th 2022. The 3-2 split was announced on Tuesday, January 18th 2022. The newly issued shares were distributed 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.

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).

(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 acted as the underwriters for the IPO and SunTrust Robinson Humphrey was co-manager.

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

Merchants Bancorp's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Banc Funds Co. LLC (1.17%), Dimensional Fund Advisors LP (1.17%), Geode Capital Management LLC (0.99%), JPMorgan Chase & Co. (0.81%), Valeo Financial Advisors LLC (0.62%) and Maltese Capital Management LLC (0.57%). Insiders that own company stock include Anne E Sellers, David N Shane, Michael J Dunlap, Michael R Dury, Patrick D O'brien, Randall D Rogers, Susan Dehner Kucer and Terry A Oznick.
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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.
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One share of MBIN stock can currently be purchased for approximately $26.98.

Merchants Bancorp (NASDAQ:MBIN) has a market capitalization of $1.17 billion and generates $606.77 million in revenue each year. The company earns $219.72 million in net income (profit) each year or $4.47 on an earnings per share basis.

The company employs 481 workers across the globe.

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.