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

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$28.44 +0.40 (+1.43 %)
(As of 05/21/2019 04:53 AM ET)
Previous Close$28.04
Today's Range$27.97 - $28.50
52-Week Range$23.80 - $35.20
Volume15,579 shs
Average Volume20,544 shs
Market Capitalization$462.49 million
P/E Ratio11.20
Dividend Yield2.89%
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, agricultural, commercial and residential real estate, 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 advisory, and retail securities brokerage services. Additionally, it offers property and casualty insurance products to individuals and small businesses. The company operates a total of 45 banking offices; and 23 branches in 13 counties. 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$3.2099 per share
Book Value$22.37 per share

Profitability

Net Income$30.35 million

Miscellaneous

Employees597
Market Cap$462.49 million
Next Earnings Date7/26/2019 (Estimated)
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, April 23rd. Investors of record on Monday, April 29th will be given a dividend of $0.2025 per share on Monday, June 17th. This represents a $0.81 annualized dividend and a yield of 2.85%. The ex-dividend date of this dividend is Friday, April 26th. View MidWestOne Financial Group's Dividend History.

How were MidWestOne Financial Group's earnings last quarter?

MidWestOne Financial Group, Inc. (NASDAQ:MOFG) announced its quarterly earnings results on Thursday, April, 25th. The financial services provider reported $0.61 earnings per share for the quarter, missing the consensus estimate of $0.66 by $0.05. The financial services provider had revenue of $31.39 million for the quarter, compared to the consensus estimate of $32.02 million. MidWestOne Financial Group had a net margin of 19.41% and a return on equity of 8.80%. 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 Friday, July 26th 2019. View Earnings Estimates for MidWestOne Financial Group.

Has MidWestOne Financial Group been receiving favorable news coverage?

News articles about MOFG stock have trended somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. MidWestOne Financial Group earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned news coverage about the financial services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near term.

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

What other stocks do shareholders of MidWestOne Financial Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other MidWestOne Financial Group investors own include CA (CA), Endologix (ELGX), Mattel (MAT), Ultra Clean (UCTT), BlackRock (BLK), General Electric (GE), Chipotle Mexican Grill (CMG), General Motors (GM), Twitter (TWTR) and American National BankShares (AMNB).

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. Barry S. Ray, CFO, Principal Accounting Officer & Sr. VP (Age 47)
  • 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)

Who are MidWestOne Financial Group's major shareholders?

MidWestOne Financial Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.71%), Royce & Associates LP (3.82%), Dimensional Fund Advisors LP (3.35%), The Manufacturers Life Insurance Company (1.67%), Renaissance Technologies LLC (1.65%) and Geode Capital Management LLC (0.92%). Company insiders that own MidWestOne Financial Group stock include Charles N Funk, Douglas K True, James M Cantrell, Kevin E Kramer, Kurt R Weise, Matthew J Hayek, Richard J Hartig, Richard R Donohue, Ruth E Stanoch and Stephen L West. View Institutional Ownership Trends for MidWestOne Financial Group.

Which institutional 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, IndexIQ Advisors LLC, Morgan Stanley, BlackRock Inc., California Public Employees Retirement System, Kennedy Capital Management Inc., The Manufacturers Life Insurance Company and First Trust Advisors LP. View Insider Buying and Selling for MidWestOne Financial Group.

Which institutional investors are buying MidWestOne Financial Group stock?

MOFG stock was bought by a variety of institutional investors in the last quarter, including Metropolitan Life Insurance Co NY, Dimensional Fund Advisors LP, Bailard Inc., Renaissance Technologies LLC, Shell Asset Management Co., Oxford Asset Management LLP, Parametric Portfolio Associates LLC and Hotchkis & Wiley 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, Matthew J Hayek, Richard J Hartig, 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 $28.44.

How big of a company is MidWestOne Financial Group?

MidWestOne Financial Group has a market capitalization of $462.49 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 597 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:  144 (Vote Outperform)
Underperform Votes:  216 (Vote Underperform)
Total Votes:  360
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 5/21/2019 by MarketBeat.com Staff

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