NASDAQ:MBINMerchants Bancorp Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. Log In and Add $16.25 -0.83 (-4.86 %) (As of 06/2/2020 04:00 PM ET) Add Compare Share Today's Range$16.13Now: $16.25▼$17.3050-Day Range$13.00MA: $15.25▼$18.5552-Week Range$12.37Now: $16.25▼$21.90Volume54,600 shsAverage Volume35,435 shsMarket Capitalization$467.06 millionP/E Ratio5.89Dividend Yield1.97%Beta1.03 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 2.5 Analyst's Opinion Consensus RatingMerchants Bancorp has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $20.00, Merchants Bancorp has a potential upside of 23.1% from its current price of $16.25.Amount of Analyst CoverageMerchants Bancorp has only been the subject of 1 research reports in the past 90 days. Previous Next 2.4 Community Rank Outperform VotesMerchants Bancorp has received 172 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMerchants Bancorp has received 191 “underperform” votes. (Add your “underperform” vote.)Community SentimentMerchants Bancorp has received 52.62% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Merchants Bancorp and other stocks. Vote “Outperform” if you believe MBIN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MBIN will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 3.3 Dividend Strength Dividend LeadershipMerchants Bancorp is a leading dividend payer. It pays a dividend yield of 1.97%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthMerchants Bancorp has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Merchants Bancorp is 13.50 %. 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 16.84 % next year. This indicates that Merchants Bancorp will be able to sustain or increase its dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Merchants Bancorp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $21,675.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders43.42% 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 21.60% of the stock of Merchants Bancorp is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Merchants Bancorp are expected to decrease by -15.56% in the coming year, from $2.25 to $1.90 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Merchants Bancorp is 5.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.72.Price to Earnings Ratio vs. SectorThe P/E ratio of Merchants Bancorp is 5.89, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.01.Price to Book Value per Share RatioMerchants Bancorp has a P/B Ratio of 1.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.5Community Rank: 2.4Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.70 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry State commercial banks Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:MBIN Previous Symbol CUSIPN/A CIK1629019 Webwww.merchantsbankofindiana.com Phone317-569-7420Debt Debt-to-Equity Ratio0.97 Current Ratio1.09 Quick Ratio0.68Price-To-Earnings Trailing P/E Ratio5.89 Forward P/E Ratio7.22 P/E GrowthN/A Sales & Book Value Annual Sales$259.08 million Price / Sales1.80 Cash Flow$2.59 per share Price / Cash Flow6.27 Book Value$15.36 per share Price / Book1.06Profitability EPS (Most Recent Fiscal Year)$2.37 Net Income$77.33 million Net Margins30.85% Return on Equity21.25% Return on Assets1.41%Miscellaneous Employees259 Outstanding Shares28,742,000Market Cap$467.06 million Next Earnings Date8/4/2020 (Estimated) OptionableOptionable NASDAQ:MBIN Rates by TradingView Receive MBIN News and Ratings via Email Sign-up to receive the latest news and ratings for MBIN and its competitors with MarketBeat's FREE daily newsletter. 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. Since then, MBIN stock has increased by 1.8% and is now trading at $16.25. 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) announced its earnings results on Thursday, April, 23rd. The company reported $0.73 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.53 by $0.20. The business had revenue of $58.26 million for the quarter, compared to the consensus estimate of $43.93 million. Merchants Bancorp had a return on equity of 21.25% and a net margin of 30.85%. 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. Stockholders of record on Monday, June 15th will be paid a dividend of $0.08 per share on Wednesday, July 1st. This represents a $0.32 annualized dividend and a dividend yield of 1.97%. The ex-dividend date of this dividend is Friday, June 12th. View Merchants Bancorp's dividend history. What price target have analysts set for MBIN? 2 Wall Street analysts have issued 12 month 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 23.1% from the stock's current price. View analysts' price targets for Merchants Bancorp. Has Merchants Bancorp been receiving favorable news coverage? News articles about MBIN stock have been trending very negative recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Merchants Bancorp earned a news impact score of -3.5 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. 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 trading volume of 36,200 shares, the short-interest ratio is currently 2.6 days. Approximately 1.1% of the shares of the company are sold short. View Merchants Bancorp's Current Options Chain. Who are some of Merchants Bancorp's key competitors? Some companies that are related to Merchants Bancorp include International Bancshares (IBOC), ServisFirst Bancshares (SFBS), Columbia Banking System (COLB), South State (SSB), Hilltop (HTH), Ameris Bancorp (ABCB), Independent Bank Group (IBTX), United Community Banks (UCBI), TowneBank (TOWN), Renasant (RNST), Texas Capital Bancshares (TCBI), Banner (BANR), Pacific Premier Bancorp (PPBI), First Bancorp (FBP) and Heartland Financial USA (HTLF). View all 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 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 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 $16.25. How big of a company is Merchants Bancorp? Merchants Bancorp has a market capitalization of $467.06 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 6/2/2020 by MarketBeat.com Staff
