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Merchants Bancorp - MBIN Stock Forecast, Price & News

$26.98
+0.27 (+1.01%)
(As of 03/29/2023 12:00 AM ET)
Add
Compare
Today's Range
$26.70
$27.11
50-Day Range
$25.15
$31.13
52-Week Range
$21.52
$31.36
Volume
72,478 shs
Average Volume
69,635 shs
Market Capitalization
$1.17 billion
P/E Ratio
6.04
Dividend Yield
1.19%
Price Target
$33.50

Merchants Bancorp MarketRank™ Forecast

Analyst Rating
Strong Buy
3.50 Rating Score
Upside/​Downside
24.2% Upside
$33.50 Price Target
Short Interest
Bearish
2.06% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.87mentions of Merchants Bancorp in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$104,602 Bought Last Quarter
Proj. Earnings Growth
2.33%
From $4.73 to $4.84 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.72 out of 5 stars

Finance Sector

139th out of 892 stocks

State Commercial Banks Industry

39th out of 188 stocks


MBIN stock logo

About Merchants Bancorp (NASDAQ:MBIN) Stock

Merchants 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.

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MBIN Stock News Headlines

Bank Accounts: Frozen!
In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!
Bank Accounts: Frozen!
In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!
Here's what Wall Street expects from Merchants Bancorp's earnings
A Preview Of Merchants Bancorp's Earnings
Merchants Bank Undervalued Preferred Stocks
Farmers & Merchants Bancorp: Ticking Along Nicely
Merchants Bancorp (MBIN) Q3 Earnings Match Estimates
New Preferred Stock IPOs, September 2022
See More Headlines
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MBIN Company Calendar

Ex-Dividend for 1/3 Dividend
12/14/2022
Dividend Payable
1/03/2023
Last Earnings
1/30/2023
Ex-Dividend for 4/3 Dividend
3/14/2023
Today
3/29/2023
Dividend Payable
4/03/2023
Next Earnings (Estimated)
4/27/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:MBIN
Employees
481
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$33.50
High Stock Price Forecast
$38.00
Low Stock Price Forecast
$29.00
Forecasted Upside/Downside
+24.2%
Consensus Rating
Strong Buy
Rating Score (0-4)
3.50
Research Coverage
2 Analysts

Profitability

Net Income
$219.72 million
Pretax Margin
47.98%

Debt

Sales & Book Value

Annual Sales
$606.77 million
Cash Flow
$5.14 per share
Book Value
$22.27 per share

Miscellaneous

Free Float
25,616,000
Market Cap
$1.17 billion
Optionable
Optionable
Beta
1.13

Key Executives

  • Michael F. Petrie
    Chairman & Chief Executive Officer
  • Michael J. DunlapMichael J. Dunlap
    President, Co-Chief Operating Officer & Director
  • John F. Macke
    Chief Financial Officer
  • Kevin T. Langford
    Chief Administrative Officer & Senior VP
  • Terry A. Oznick
    General Counsel & Senior Vice President













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 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.

What is Merchants Bancorp's stock price forecast for 2023?

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.

How have MBIN shares performed in 2023?

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.
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, April 27th 2023.
View our MBIN earnings forecast
.

How were Merchants Bancorp's earnings last quarter?

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%.

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

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
.

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 1.18%. 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.

When did Merchants Bancorp's stock split?

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.

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 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 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.
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 $26.98.

How much money does Merchants Bancorp make?

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.

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 3/29/2023 by MarketBeat.com Staff