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S&P 500   3,329.62 (+0.39%)
DOW   29,348.10 (+0.17%)
QQQ   223.38 (+0.49%)
S&P 500   3,329.62 (+0.39%)
DOW   29,348.10 (+0.17%)
QQQ   223.38 (+0.49%)
S&P 500   3,329.62 (+0.39%)
DOW   29,348.10 (+0.17%)
QQQ   223.38 (+0.49%)
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NASDAQ:MFNC - Mackinac Financial Stock Price, Forecast & News

$16.44
-0.04 (-0.24 %)
(As of 01/20/2020 02:57 PM ET)
Today's Range
$16.29
Now: $16.44
$16.65
50-Day Range
$15.48
MA: $16.54
$17.46
52-Week Range
$12.97
Now: $16.44
$17.75
Volume11,784 shs
Average Volume11,760 shs
Market Capitalization$176.73 million
P/E Ratio12.65
Dividend Yield3.41%
Beta0.69
Mackinac Financial Corporation provides banking solutions. It offers demand deposits and interest and non-interest bearing time and savings deposits. It's deposits include jumbo deposits and retail time deposits. The company provides commercial and industrial loans, consumer loans, commercial real estate loans, and other loans and leases. The bank offers consumer loans, including credit card loans, revolving credit plans, and automotive loans. Read More…

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:MFNC
CUSIPN/A
Phone888-343-8147

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$59.64 million
Cash Flow$1.25 per share
Book Value$14.19 per share

Profitability

Net Income$8.37 million

Miscellaneous

Employees294
Market Cap$176.73 million
Next Earnings Date1/30/2020 (Estimated)
OptionableNot Optionable

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Mackinac Financial (NASDAQ:MFNC) Frequently Asked Questions

What is Mackinac Financial's stock symbol?

Mackinac Financial trades on the NASDAQ under the ticker symbol "MFNC."

How often does Mackinac Financial pay dividends? What is the dividend yield for Mackinac Financial?

Mackinac Financial declared a quarterly dividend on Tuesday, December 17th. Investors of record on Friday, December 27th will be paid a dividend of $0.14 per share on Friday, January 10th. This represents a $0.56 dividend on an annualized basis and a yield of 3.41%. The ex-dividend date of this dividend is Thursday, December 26th. This is an increase from Mackinac Financial's previous quarterly dividend of $0.12. View Mackinac Financial's Dividend History.

How were Mackinac Financial's earnings last quarter?

Mackinac Financial Co. (NASDAQ:MFNC) posted its earnings results on Thursday, October, 31st. The financial services provider reported $0.35 EPS for the quarter, missing the consensus estimate of $0.35 by $0.00. The financial services provider earned $15.20 million during the quarter, compared to analyst estimates of $15.30 million. Mackinac Financial had a net margin of 19.81% and a return on equity of 9.16%. View Mackinac Financial's Earnings History.

When is Mackinac Financial's next earnings date?

Mackinac Financial is scheduled to release their next quarterly earnings announcement on Thursday, January 30th 2020. View Earnings Estimates for Mackinac Financial.

Has Mackinac Financial been receiving favorable news coverage?

Media headlines about MFNC stock have trended somewhat positive on Monday, according to InfoTrie. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Mackinac Financial earned a media sentiment score of 1.7 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Mackinac Financial.

Are investors shorting Mackinac Financial?

Mackinac Financial saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 46,400 shares, an increase of 21.8% from the December 15th total of 38,100 shares. Based on an average trading volume of 15,100 shares, the days-to-cover ratio is presently 3.1 days. Approximately 0.5% of the company's stock are short sold. View Mackinac Financial's Current Options Chain.

Who are some of Mackinac Financial's key competitors?

What other stocks do shareholders of Mackinac Financial own?

Who are Mackinac Financial's key executives?

Mackinac Financial's management team includes the folowing people:
  • Mr. Paul D. Tobias, Chairman & CEO (Age 68)
  • Mr. Kelly W. George, Pres & Director (Age 51)
  • Mr. Jesse A. Deering, Exec. VP & CFO (Age 39)
  • Ms. Joanna B. Slaght, Exec. VP and MD of Compliance & Regulatory Risk
  • Mr. Jeremy W. Flodin, Sr. VP, Sr. Credit Administrator & Credit Risk Analyst

How do I buy shares of Mackinac Financial?

Shares of MFNC 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 Mackinac Financial's stock price today?

One share of MFNC stock can currently be purchased for approximately $16.44.

How big of a company is Mackinac Financial?

Mackinac Financial has a market capitalization of $176.73 million and generates $59.64 million in revenue each year. The financial services provider earns $8.37 million in net income (profit) each year or $1.22 on an earnings per share basis. Mackinac Financial employs 294 workers across the globe.View Additional Information About Mackinac Financial.

What is Mackinac Financial's official website?

The official website for Mackinac Financial is http://www.bankmbank.com/.

How can I contact Mackinac Financial?

Mackinac Financial's mailing address is 130 SOUTH CEDAR STREET, MANISTIQUE MI, 49854. The financial services provider can be reached via phone at 888-343-8147 or via email at [email protected]


MarketBeat Community Rating for Mackinac Financial (NASDAQ MFNC)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  153 (Vote Outperform)
Underperform Votes:  142 (Vote Underperform)
Total Votes:  295
MarketBeat's community ratings are surveys of what our community members think about Mackinac Financial and other stocks. Vote "Outperform" if you believe MFNC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MFNC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/20/2020 by MarketBeat.com Staff

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