NASDAQ:MOFG - MidWestOne Financial Group Stock Price, News, & Analysis

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$29.80 +0.65 (+2.23 %)
(As of 02/19/2019 01:50 AM ET)
Previous Close$29.15
Today's Range$29.25 - $29.99
52-Week Range$23.80 - $35.20
Volume16,647 shs
Average Volume20,575 shs
Market Capitalization$364.22 million
P/E Ratio11.73
Dividend Yield2.68%
Beta1.07
MidWestOne Financial Group, Inc. operates as the bank holding company for MidWestOne Bank that provides commercial and retail banking products and services to individuals, businesses, institutional customers, and government agencies in Iowa, Minnesota, Wisconsin, Florida, and Colorado. It offers deposit products, such as checking and other demand deposit accounts, NOW accounts, savings accounts, money market accounts, certificates of deposit, individual retirement accounts, and other time deposits. The company also provides commercial and industrial loans, agricultural loans, commercial and residential real estate loans, and consumer loans. In addition, it offers other products and services comprising debit cards, automated teller machines, online banking, mobile banking, and safe deposit boxes. Further, the company provides various trust and investment services, including administering estates, personal trusts, and conservatorships, as well as property management, farm management, custodial, financial planning, investment management, and retail brokerage services. Additionally, it offers property and casualty insurance products to individuals and small businesses. The company operates a total of 44 banking offices. MidWestOne Financial Group, Inc. was incorporated in 1983 and is headquartered in Iowa City, Iowa.

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Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:MOFG
CUSIP59851110
Phone319-356-5800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$151.61 million
Cash Flow$2.4979 per share
Book Value$27.85 per share

Profitability

Net Income$30.35 million

Miscellaneous

Employees610
Market Cap$364.22 million
OptionableNot Optionable

MidWestOne Financial Group (NASDAQ:MOFG) Frequently Asked Questions

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 declared a quarterly dividend on Tuesday, January 15th. Stockholders of record on Thursday, February 28th will be paid a dividend of $0.203 per share on Friday, March 15th. This represents a $0.81 dividend on an annualized basis and a dividend yield of 2.72%. The ex-dividend date of this dividend is Wednesday, February 27th. This is a boost from MidWestOne Financial Group's previous quarterly dividend of $0.20. View MidWestOne Financial Group's Dividend History.

How were MidWestOne Financial Group's earnings last quarter?

MidWestOne Financial Group, Inc. (NASDAQ:MOFG) posted its earnings results on Thursday, July, 27th. The financial services provider reported $0.59 EPS for the quarter, topping analysts' consensus estimates of $0.59 by $0.00. The financial services provider had revenue of $31.57 million for the quarter, compared to analyst estimates of $31.17 million. MidWestOne Financial Group had a net margin of 20.02% and a return on equity of 9.11%. View MidWestOne Financial Group's Earnings History.

When is MidWestOne Financial Group's next earnings date?

MidWestOne Financial Group is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for MidWestOne Financial Group.

What price target have analysts set for MOFG?

1 equities research analysts have issued twelve-month target prices for MidWestOne Financial Group's stock. Their predictions range from $37.00 to $37.00. On average, they anticipate MidWestOne Financial Group's share price to reach $37.00 in the next twelve months. This suggests a possible upside of 24.2% from the stock's current price. View Analyst Price Targets for MidWestOne Financial Group.

What is the consensus analysts' recommendation for MidWestOne Financial Group?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MidWestOne Financial Group in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for MidWestOne Financial Group.

Has MidWestOne Financial Group been receiving favorable news coverage?

Media coverage about MOFG stock has been trending positive on Tuesday, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. MidWestOne Financial Group earned a coverage optimism score of 2.3 on InfoTrie's scale. They also gave news coverage about the financial services provider a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the stock's share price in the near term.

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

Who are MidWestOne Financial Group's key executives?

MidWestOne Financial Group's management team includes the folowing people:
  • Mr. Charles N. Funk, Pres, CEO & Director (Age 65)
  • Mr. Kevin E. Kramer, Chief Operating Officer (Age 52)
  • Mr. James M. Cantrell, Chief Investment Officer, VP & Treasurer (Age 59)
  • Mr. Mitchell W. Cook, Sr. Regional Pres of Minnesota & Wisconsin (Age 54)
  • Mr. Barry S. Ray, CFO, Principal Accounting Officer & Sr. VP (Age 47)

Who are MidWestOne Financial Group's major shareholders?

MidWestOne Financial Group's stock is owned by many different of institutional and retail investors. Top institutional investors include Royce & Associates LP (5.04%), BlackRock Inc. (4.84%), Dimensional Fund Advisors LP (3.14%), AT Bancorp (2.34%), Thrivent Financial for Lutherans (2.26%) and LSV Asset Management (1.23%). Company insiders that own MidWestOne Financial Group stock include Charles N Funk, Douglas K True, James M Cantrell, John M Morrison, Kevin E Kramer, Kurt R Weise, Richard R Donohue, Ruth E Stanoch and Stephen L West. View Institutional Ownership Trends for MidWestOne Financial Group.

Which major investors are selling MidWestOne Financial Group stock?

MOFG stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, AT Bancorp, IndexIQ Advisors LLC, MetLife Investment Advisors LLC, New York State Common Retirement Fund, Mackay Shields LLC, First Trust Advisors LP and Two Sigma Advisers LP. View Insider Buying and Selling for MidWestOne Financial Group.

Which major investors are buying MidWestOne Financial Group stock?

MOFG stock was acquired by a variety of institutional investors in the last quarter, including M3F Inc., Dimensional Fund Advisors LP, Bank of New York Mellon Corp, BlackRock Inc., Thrivent Financial for Lutherans, LSV Asset Management, EJF Capital LLC and Geode Capital Management LLC. Company insiders that have bought MidWestOne Financial Group stock in the last two years include Charles N Funk, Douglas K True, James M Cantrell, Kevin E Kramer, Richard R Donohue, Ruth E Stanoch and Stephen L West. View Insider Buying and Selling for MidWestOne Financial Group.

How do I buy shares of MidWestOne Financial Group?

Shares of MOFG 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, Scottrade, Fidelity and Charles Schwab.

What is MidWestOne Financial Group's stock price today?

One share of MOFG stock can currently be purchased for approximately $29.80.

How big of a company is MidWestOne Financial Group?

MidWestOne Financial Group has a market capitalization of $364.22 million and generates $151.61 million in revenue each year. The financial services provider earns $30.35 million in net income (profit) each year or $2.54 on an earnings per share basis. MidWestOne Financial Group employs 610 workers across the globe.

What is MidWestOne Financial Group's official website?

The official website for MidWestOne Financial Group is http://www.midwestone.com.

How can I contact MidWestOne Financial Group?

MidWestOne Financial Group's mailing address is 102 SOUTH CLINTON ST., IOWA CITY IA, 52240. The financial services provider can be reached via phone at 319-356-5800 or via email at [email protected]


MarketBeat Community Rating for MidWestOne Financial Group (NASDAQ MOFG)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  130 (Vote Outperform)
Underperform Votes:  196 (Vote Underperform)
Total Votes:  326
MarketBeat's community ratings are surveys of what our community members think about MidWestOne Financial Group and other stocks. Vote "Outperform" if you believe MOFG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MOFG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/19/2019 by MarketBeat.com Staff

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