MidWestOne Financial Group Company Profile (NASDAQ:MOFG)

About MidWestOne Financial Group (NASDAQ:MOFG)

MidWestOne Financial Group logoMidWestOne Financial Group, Inc. is a bank holding and financial holding company. The Company operates through its bank subsidiaries, MidWestOne Bank, Central Bank and MidWestOne Insurance Services, Inc. that operates through three agencies located in central and east-central Iowa. As of December 31, 2016, the Bank operated a total of 43 banking offices in Iowa, Minnesota, Wisconsin, and Florida. It provides full service retail banking in the communities in which its branch offices are located and also offers trust and investment management services. The Bank offers deposit products, including checking and other demand deposit accounts, negotiable order of withdrawal (NOW) accounts, savings accounts, money market accounts, certificates of deposit, individual retirement accounts and other time deposits. The Bank offers commercial and industrial, agricultural, real estate mortgage and consumer loans.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Southwest Banks
  • Sub-Industry: Regional Banks
  • Symbol: NASDAQ:MOFG
  • CUSIP: 59851110
  • Web: www.midwestone.com
Capitalization:
  • Market Cap: $424.3 million
  • Outstanding Shares: 12,210,000
Average Prices:
  • 50 Day Moving Avg: $34.72
  • 200 Day Moving Avg: $35.42
  • 52 Week Range: $26.50 - $39.20
P/E:
  • Trailing P/E Ratio: 18.43
  • Foreward P/E Ratio: 12.97
  • P/E Growth: 2.33
Sales & Book Value:
  • Annual Revenue: $113.74 million
  • Price / Sales: 3.73
  • Book Value: $27.39 per share
  • Price / Book: 1.27
Dividend:
  • Annual Dividend: $0.64
  • Dividend Yield: 1.9%
Profitability:
  • Net Margins: 17.97%
  • Return on Equity: 9.01%
  • Return on Assets: 0.91%
Debt:
  • Debt-to-Equity Ratio: 0.46%
  • Current Ratio: 0.86%
  • Quick Ratio: 0.86%
Misc:
  • Average Volume: 50,189 shs.
  • Beta: 1.25
  • Short Ratio: 4.09
 

Frequently Asked Questions for MidWestOne Financial Group (NASDAQ:MOFG)

What is MidWestOne Financial Group's stock symbol?

MidWestOne Financial Group trades on the NASDAQ under the ticker symbol "MOFG."

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

MidWestOne Financial Group announced a quarterly dividend on Wednesday, April 26th. Investors of record on Thursday, June 1st will be paid a dividend of $0.165 per share on Thursday, June 15th. This represents a $0.66 annualized dividend and a yield of 1.90%. The ex-dividend date is Tuesday, May 30th. View MidWestOne Financial Group's Dividend History.

How were MidWestOne Financial Group's earnings last quarter?

MidWestOne Financial Group, Inc. (NASDAQ:MOFG) released its earnings results on Thursday, January, 28th. The company reported $0.72 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.65 by $0.07. MidWestOne Financial Group had a net margin of 17.97% and a return on equity of 9.01%. View MidWestOne Financial Group's Earnings History.

When will MidWestOne Financial Group make its next earnings announcement?

MidWestOne Financial Group is scheduled to release their next quarterly earnings announcement on Thursday, July, 27th 2017. View Earnings Estimates for MidWestOne Financial Group.

Where is MidWestOne Financial Group's stock going? Where will MidWestOne Financial Group's stock price be in 2017?

2 analysts have issued 12 month target prices for MidWestOne Financial Group's shares. Their predictions range from $37.00 to $40.00. On average, they anticipate MidWestOne Financial Group's share price to reach $38.50 in the next twelve months. View Analyst Ratings for MidWestOne Financial Group.

Who are some of MidWestOne Financial Group's key competitors?

Who owns MidWestOne Financial Group stock?

MidWestOne Financial Group's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Wellington Management Group LLP (4.88%), Royce & Associates LP (4.57%), EJF Capital LLC (3.07%), Vanguard Group Inc. (3.07%), AT Bancorp (2.54%) and Kennedy Capital Management Inc. (1.65%). Company insiders that own MidWestOne Financial Group stock include John M Morrison, Kurt R Weise, Larry D Albert, Michael A Hatch, Robert J Latham and Ruth E Stanoch. View Institutional Ownership Trends for MidWestOne Financial Group.

Who sold MidWestOne Financial Group stock? Who is selling MidWestOne Financial Group stock?

MidWestOne Financial Group's stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Prudential Financial Inc., Wells Fargo & Company MN, Schwab Charles Investment Management Inc., California Public Employees Retirement System, John W. Rosenthal Capital Management Inc., TIAA CREF Investment Management LLC and First Trust Advisors LP. View Insider Buying and Selling for MidWestOne Financial Group.

Who bought MidWestOne Financial Group stock? Who is buying MidWestOne Financial Group stock?

MidWestOne Financial Group's stock was acquired by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, EJF Capital LLC, Kennedy Capital Management Inc., Stieven Capital Advisors L.P., Emerald Mutual Fund Advisers Trust, Vanguard Group Inc., Monashee Investment Management LLC and FSI Group LLC. Company insiders that have bought MidWestOne Financial Group stock in the last two years include Kurt R Weise, Larry D Albert, Michael A Hatch and Ruth E Stanoch. View Insider Buying and Selling for MidWestOne Financial Group.

How do I buy MidWestOne Financial Group stock?

Shares of MidWestOne Financial Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of MidWestOne Financial Group stock cost?

One share of MidWestOne Financial Group stock can currently be purchased for approximately $34.75.

Analyst Ratings

Consensus Ratings for MidWestOne Financial Group (NASDAQ:MOFG) (?)
Ratings Breakdown: 1 Hold Rating, 1 Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $38.50 (10.79% upside)

Analysts' Ratings History for MidWestOne Financial Group (NASDAQ:MOFG)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/19/2017Keefe, Bruyette & WoodsReiterated RatingBuy$40.00LowView Rating Details
4/6/2017Piper Jaffray CompaniesInitiated CoverageNeutral$37.00LowView Rating Details
(Data available from 5/26/2015 forward)

Earnings

Earnings History for MidWestOne Financial Group (NASDAQ:MOFG)
Earnings by Quarter for MidWestOne Financial Group (NASDAQ:MOFG)
Earnings History by Quarter for MidWestOne Financial Group (NASDAQ:MOFG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/27/2017        
1/28/2016$0.65$0.72ViewN/AView Earnings Details
10/22/2015Q3 2015$0.67$0.68$31.35 million$31.79 millionViewN/AView Earnings Details
7/23/2015Q2 2015$0.61$0.66$25.63 million$27.81 millionViewN/AView Earnings Details
1/22/2015Q4 2014$0.56$0.57$17.76 million$17.44 millionViewN/AView Earnings Details
10/23/2014Q3 2014$0.55$0.59$17.52 million$17.57 millionViewN/AView Earnings Details
8/18/2014$0.53$0.56ViewN/AView Earnings Details
7/31/2014Q2 2014$0.53$0.56$17.24 million$17.41 millionViewN/AView Earnings Details
4/24/2014Q1 2014$0.49$0.58$16.67 million$17.74 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for MidWestOne Financial Group (NASDAQ:MOFG)
2017 EPS Consensus Estimate: $2.48
2018 EPS Consensus Estimate: $2.60
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.58$0.61$0.60
Q2 20172$0.58$0.59$0.59
Q3 20172$0.62$0.65$0.64
Q4 20172$0.66$0.66$0.66
Q1 20181$0.59$0.59$0.59
Q2 20181$0.63$0.63$0.63
Q3 20181$0.68$0.68$0.68
Q4 20181$0.70$0.70$0.70
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for MidWestOne Financial Group (NASDAQ:MOFG)
Next Dividend:6/15/2017
Annual Dividend:$0.64
Dividend Yield:1.84%
Payout Ratio:29.63% (Trailing 12 Months of Earnings)
25.91% (Based on This Year's Estimates)
23.88% (Based on Next Year's Estimates)
Dividend Payments by Quarter for MidWestOne Financial Group (NASDAQ:MOFG)

Dividend History by Quarter for MidWestOne Financial Group (NASDAQ:MOFG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/26/2017quarterly$0.171.85%5/30/20176/1/20176/15/2017
1/30/2017quarterly$0.171.87%2/27/20173/1/20173/15/2017
10/13/2016Quarterly$0.1611/29/201612/1/201612/15/2016
7/25/2016Quarterly$0.168/30/20169/1/20169/15/2016
4/25/2016Quarterly$0.165/27/20166/1/20166/15/2016
1/20/2016Quarterly$0.162/26/20163/1/20163/15/2016
10/21/2015Quarterly$0.1511/27/201512/1/201512/15/2015
4/22/2015quarterly$0.152.04%5/28/20156/1/20156/15/2015
1/27/2015quarterly$0.152.14%2/25/20152/6/20153/16/2015
10/20/2014quarterly$0.152.35%11/26/201412/1/201412/15/2014
7/22/2014quarterly$0.152.47%8/27/20149/1/20149/15/2014
4/23/2014quarterly$0.152.34%5/28/20146/1/20146/16/2014
1/27/2014quarterly$0.152.34%2/26/20143/1/20143/17/2014
10/23/2013quarterly$0.131.96%11/26/201312/1/201312/16/2013
7/19/2013quarterly$0.131.83%8/28/20139/1/20139/16/2013
4/24/2013quarterly$0.132.08%5/29/20136/1/20136/17/2013
1/17/2013quarterly$0.132.24%2/27/20133/1/20133/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for MidWestOne Financial Group (NASDAQ:MOFG)
Insider Ownership Percentage: 26.30%
Institutional Ownership Percentage: 22.73%
Insider Trades by Quarter for MidWestOne Financial Group (NASDAQ:MOFG)
Institutional Ownership by Quarter for MidWestOne Financial Group (NASDAQ:MOFG)
Insider Trades by Quarter for MidWestOne Financial Group (NASDAQ:MOFG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/22/2017John M MorrisonDirectorSell2,000,000$32.88$65,760,000.00View SEC Filing  
8/9/2016Michael A HatchDirectorBuy150$28.84$4,326.00View SEC Filing  
8/8/2016Ruth E StanochDirectorBuy700$28.48$19,936.00View SEC Filing  
2/3/2016Michael A. HatchDirectorBuy2,000$26.98$53,960.00View SEC Filing  
11/25/2015John M MorrisonDirectorSell57,500$29.00$1,667,500.00View SEC Filing  
11/25/2015Kurt R WeiseEVPBuy31,250$29.00$906,250.00View SEC Filing  
11/24/2015Larry D AlbertDirectorBuy7,250$29.00$210,250.00View SEC Filing  
9/2/2015Robert J LathamDirectorSell1,050$29.09$30,544.50View SEC Filing  
6/10/2014Robert J LathamDirectorSell4,000$24.14$96,560.00View SEC Filing  
6/6/2014Robert J LathamDirectorSell6,000$24.29$145,740.00View SEC Filing  
5/21/2014Richard R DonohueDirectorBuy1,000$22.95$22,950.00View SEC Filing  
5/19/2014Richard R DonohueDirectorBuy1,000$23.25$23,250.00View SEC Filing  
5/15/2014Stephen L WestDirectorBuy2,100$23.50$49,350.00View SEC Filing  
5/8/2014Kevin W MonsonDirectorBuy4,000$23.96$95,840.00View SEC Filing  
4/30/2014Richard J SchwabDirectorBuy2,048$24.59$50,360.32View SEC Filing  
2/7/2014Kevin W MonsonDirectorBuy1,100$24.00$26,400.00View SEC Filing  
2/5/2014Kevin W MonsonDirectorBuy2,300$24.00$55,200.00View SEC Filing  
2/3/2014Kevin W MonsonDirectorBuy1,600$23.95$38,320.00View SEC Filing  
1/28/2014John P PothovenDirectorSell1,200$24.09$28,908.00View SEC Filing  
11/22/2013Robert J LathamDirectorSell6,800$26.73$181,764.00View SEC Filing  
11/21/2013Robert J LathamDirectorSell4,000$26.26$105,040.00View SEC Filing  
8/8/2013John P PothovenDirectorSell1,500$26.11$39,165.00View SEC Filing  
12/10/2012Stephen L WestDirectorBuy1,500$20.25$30,375.00View SEC Filing  
11/28/2012Kevin W MonsonDirectorBuy1,000$19.80$19,800.00View SEC Filing  
11/16/2012Robert J LathamDirectorBuy1,000$19.41$19,410.00View SEC Filing  
11/14/2012Richard R DonohueDirectorBuy1,000$19.83$19,830.00View SEC Filing  
11/7/2012Kevin W MonsonDirectorBuy3,000$20.19$60,570.00View SEC Filing  
11/2/2012Gary John OrtaleCFOBuy1,500$20.36$30,540.00View SEC Filing  
11/1/2012Richard R DonohueDirectorBuy1,000$20.20$20,200.00View SEC Filing  
10/31/2012Kevin W MonsonDirectorBuy1,000$20.05$20,050.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for MidWestOne Financial Group (NASDAQ:MOFG)
Latest Headlines for MidWestOne Financial Group (NASDAQ:MOFG)
Source:
DateHeadline
finance.yahoo.com logoMidWestOne Financial Group, Inc. breached its 50 day moving average in a Bullish Manner : MOFG-US : May 24, 2017
finance.yahoo.com - May 24 at 10:41 AM
americanbankingnews.com logoMidWestOne Financial Group, Inc. (MOFG) Rating Reiterated by Keefe, Bruyette & Woods
www.americanbankingnews.com - May 20 at 7:04 AM
americanbankingnews.com logo$30.89 Million in Sales Expected for MidWestOne Financial Group, Inc. (MOFG) This Quarter
www.americanbankingnews.com - May 13 at 8:42 AM
finance.yahoo.com logoMidWestOne Financial Group, Inc. breached its 50 day moving average in a Bearish Manner : MOFG-US : May 12, 2017
finance.yahoo.com - May 12 at 7:14 PM
americanbankingnews.com logo Analysts Anticipate MidWestOne Financial Group, Inc. (MOFG) to Post $0.59 Earnings Per Share
www.americanbankingnews.com - May 11 at 12:20 PM
americanbankingnews.com logoMidWestOne Financial Group (MOFG) Receives News Sentiment Score of 0.42
www.americanbankingnews.com - May 3 at 6:26 PM
americanbankingnews.com logoQ2 2017 EPS Estimates for MidWestOne Financial Group, Inc. Reduced by Analyst (MOFG)
www.americanbankingnews.com - May 3 at 8:00 AM
americanbankingnews.com logoBrokers Offer Predictions for MidWestOne Financial Group, Inc.'s Q2 2017 Earnings (MOFG)
www.americanbankingnews.com - May 3 at 8:00 AM
americanbankingnews.com logoMidWestOne Financial Group (MOFG) Getting Very Favorable News Coverage, Report Shows
www.americanbankingnews.com - April 30 at 12:47 PM
finance.yahoo.com logoEdited Transcript of MOFG earnings conference call or presentation 28-Apr-17 4:00pm GMT
finance.yahoo.com - April 29 at 12:33 AM
americanbankingnews.com logoMidWestOne Financial Group (MOFG) Given Daily News Impact Score of 0.35
www.americanbankingnews.com - April 28 at 12:36 AM
finance.yahoo.com logoMidWestOne Financial Group, Inc. breached its 50 day moving average in a Bullish Manner : MOFG-US : April 27, 2017
finance.yahoo.com - April 27 at 9:38 AM
streetinsider.com logoForm 3 MidWestOne Financial For: Apr 20 Filed by: True Douglas K
www.streetinsider.com - April 26 at 6:43 PM
americanbankingnews.com logoMidWestOne Financial Group, Inc. (MOFG) Declares Quarterly Dividend of $0.17
www.americanbankingnews.com - April 26 at 6:42 PM
americanbankingnews.com logoMidWestOne Financial Group (MOFG) Earning Positive Media Coverage, Analysis Shows
www.americanbankingnews.com - April 24 at 3:52 PM
americanbankingnews.com logoMidWestOne Financial Group, Inc. (MOFG) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - April 23 at 5:38 PM
americanbankingnews.com logoMidWestOne Financial Group, Inc. (MOFG) Expected to Post Quarterly Sales of $31.16 Million
www.americanbankingnews.com - April 22 at 8:12 AM
americanbankingnews.com logoMidWestOne Financial Group (MOFG) Earns News Sentiment Score of 0.30
www.americanbankingnews.com - April 22 at 12:39 AM
americanbankingnews.com logo Brokerages Set $37.75 Price Target for MidWestOne Financial Group, Inc. (MOFG)
www.americanbankingnews.com - April 18 at 10:44 PM
americanbankingnews.com logoPositive Media Coverage Somewhat Likely to Affect MidWestOne Financial Group (MOFG) Stock Price
www.americanbankingnews.com - April 18 at 8:53 PM
americanbankingnews.com logoMidWestOne Financial Group, Inc. (MOFG) Research Coverage Started at Keefe, Bruyette & Woods
www.americanbankingnews.com - April 17 at 1:18 PM
americanbankingnews.com logoMidWestOne Financial Group, Inc. (MOFG) Upgraded to Hold at Zacks Investment Research
www.americanbankingnews.com - April 13 at 9:58 PM
finance.yahoo.com logoMidWestOne Bank Receives National Award For Financial Literacy Outreach
finance.yahoo.com - April 13 at 6:21 PM
americanbankingnews.com logoFavorable Media Coverage Likely to Effect MidWestOne Financial Group (MOFG) Stock Price
www.americanbankingnews.com - April 13 at 3:24 PM
americanbankingnews.com logoMidWestOne Financial Group, Inc. (MOFG) Downgraded to Sell at Zacks Investment Research
www.americanbankingnews.com - April 8 at 12:32 PM
americanbankingnews.com logoMidWestOne Financial Group, Inc. (MOFG) Coverage Initiated at Piper Jaffray Companies
www.americanbankingnews.com - April 6 at 2:04 PM
americanbankingnews.com logoZacks: MidWestOne Financial Group, Inc. (MOFG) Given $38.00 Average Price Target by Analysts
www.americanbankingnews.com - March 31 at 2:07 PM
americanbankingnews.com logoMidWestOne Financial Group, Inc. (MOFG) Cut to "Sell" at Zacks Investment Research
www.americanbankingnews.com - March 30 at 11:24 PM
americanbankingnews.com logoQ3 2017 EPS Estimates for MidWestOne Financial Group, Inc. Reduced by FIG Partners (MOFG)
www.americanbankingnews.com - March 23 at 9:56 AM
americanbankingnews.com logoJohn M. Morrison Sells 2,000,000 Shares of MidWestOne Financial Group, Inc. (MOFG) Stock
www.americanbankingnews.com - March 22 at 7:22 PM
biz.yahoo.com logoMIDWESTONE FINANCIAL GROUP, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financ
biz.yahoo.com - March 21 at 6:32 PM
finance.yahoo.com logoMidWestOne Financial Group, Inc. Announces Pricing of Public Offering of Common Stock
finance.yahoo.com - March 17 at 6:47 PM
finance.yahoo.com logo9:01 am MidWestOne Financial Group prices an offering of 2,500,000 shares of its common stock at $34.25/share; consisting of 500,000 shares to be sold by MidWestOne and 2,000,000 shares to be sold by a selling shareholder
finance.yahoo.com - March 17 at 6:47 PM
us.rd.yahoo.com logo4:10 pm MidWestOne Financial Group commences common stock offering by the co and/or selling shareholder, the John M. Morrison Revocable Trust #4
us.rd.yahoo.com - March 17 at 8:53 AM
biz.yahoo.com logoMIDWESTONE FINANCIAL GROUP, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - March 17 at 8:53 AM
americanbankingnews.com logoAnalysts Expect MidWestOne Financial Group, Inc. (MOFG) to Announce $0.56 Earnings Per Share
www.americanbankingnews.com - March 13 at 2:48 PM
biz.yahoo.com logoMIDWESTONE FINANCIAL GROUP, INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 2 at 6:48 PM
biz.yahoo.com logoMIDWESTONE FINANCIAL GROUP, INC. Files SEC form 8-K, Other Events
us.rd.yahoo.com - February 18 at 5:48 PM
finance.yahoo.com logo5 Stocks to Buy as Trump Chalks Out 'Phenomenal' Tax Plan
finance.yahoo.com - February 13 at 10:14 AM
thestreet.com logoOversold Conditions For MidWestOne Financial Group (MOFG)
www.thestreet.com - February 7 at 7:54 PM
seekingalpha.com logoMidWestOne Financial Group's (MOFG) CEO Charles Funk on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - January 28 at 1:48 AM
finance.yahoo.com logoEdited Transcript of MOFG earnings conference call or presentation 27-Jan-17 5:00pm GMT
finance.yahoo.com - January 28 at 1:48 AM
biz.yahoo.com logoQ4 2016 Midwestone Financial Group Inc Earnings Release - After Market Close
biz.yahoo.com - January 26 at 9:50 PM
biz.yahoo.com logoMIDWESTONE FINANCIAL GROUP, INC. Files SEC form 8-K, Results of Operations and Financial Condition
biz.yahoo.com - January 26 at 9:50 PM
finance.yahoo.com logoMIDWESTONE FINANCIAL GROUP, INC. Financials
finance.yahoo.com - November 10 at 5:56 PM
biz.yahoo.com logoMIDWESTONE FINANCIAL GROUP, INC. Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - November 3 at 6:17 PM
seekingalpha.com logoMidWestOne Financial Group's (MOFG) CEO Charles Funk on Q3 2016 Results - Earnings Call Transcript
seekingalpha.com - October 29 at 9:10 AM
biz.yahoo.com logoQ3 2016 Midwestone Financial Group Inc Earnings Release - After Market Close
biz.yahoo.com - October 27 at 11:03 AM
biz.yahoo.com logoMIDWESTONE FINANCIAL GROUP, INC. Files SEC form 8-K, Termination of a Material Definitive Agreement
biz.yahoo.com - October 3 at 5:50 PM
seekingalpha.com logoMidWestOne Financial Group's (MOFG) CEO Charles Funk on Q2 2016 Results - Earnings Call Transcript
seekingalpha.com - July 31 at 10:21 AM

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MidWestOne Financial Group (MOFG) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by MarketBeat.com Staff