MidWestOne Financial Group Stock Forecast, Price & News

+0.82 (+2.91 %)
(As of 09/23/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume22,737 shs
Average Volume38,431 shs
Market Capitalization$460.53 million
P/E Ratio12.95
Dividend Yield3.19%
30 days | 90 days | 365 days | Advanced Chart
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MidWestOne Financial Group logo

About MidWestOne Financial Group

MidWestOne Financial Group, Inc. is a financial holding company, which focuses on delivering relationship-based business and personal banking products and services through its bank subsidiary, MidWestOne Bank. The Bank provides commercial loans, real estate loans, agricultural loans, credit card loans, and consumer loans. It also provides deposit products including demand and interest checking accounts, savings accounts, money market accounts, and time deposits. The Bank also provides products and services including treasury management, Zelle, online and mobile banking, debit cards, ATMs, and safe deposit boxes. It offers its products and services primarily through its full-service branch network, including 34 branches located throughout central and eastern Iowa, 13 branches located principally in the Minneapolis-St. Paul metropolitan area of Minnesota, seven branches in western Wisconsin, one branch in each of Naples and Fort Myers, Florida, and one branch in Denver, Colorado. MidWestOne Financial Group was founded in 1983 and is headquartered in Iowa City, IA.


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Industry, Sector and Symbol

Sales & Book Value






Overall MarketRank

2.29 out of 5 stars

Finance Sector

410th out of 1,331 stocks

State Commercial Banks Industry

87th out of 232 stocks

Analyst Opinion: 0.0Community Rank: 3.7Dividend Strength: 2.5Insider Behavior: 3.3Valuation: 1.9 5 -4 -3 -2 -1 -
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MidWestOne Financial Group (NASDAQ:MOFG) Frequently Asked Questions

What stocks does MarketBeat like better than MidWestOne Financial Group?

Wall Street analysts have given MidWestOne Financial Group a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but MidWestOne Financial Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting MidWestOne Financial Group?

MidWestOne Financial Group saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 92,500 shares, a drop of 36.4% from the August 15th total of 145,500 shares. Based on an average daily trading volume, of 34,100 shares, the days-to-cover ratio is presently 2.7 days. Approximately 0.6% of the company's stock are sold short.
View MidWestOne Financial Group's Short Interest

When is MidWestOne Financial Group's next earnings date?

MidWestOne Financial Group is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for MidWestOne Financial Group

How were MidWestOne Financial Group's earnings last quarter?

MidWestOne Financial Group, Inc. (NASDAQ:MOFG) released its earnings results on Friday, July, 23rd. The financial services provider reported $1.08 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.89 by $0.19. The financial services provider earned $48.72 million during the quarter, compared to analysts' expectations of $46.95 million. MidWestOne Financial Group had a net margin of 16.21% and a trailing twelve-month return on equity of 13.10%.
View MidWestOne Financial Group's earnings history

How has MidWestOne Financial Group's stock been impacted by COVID-19 (Coronavirus)?

MidWestOne Financial Group's stock was trading at $24.02 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MOFG shares have increased by 20.8% and is now trading at $29.01.
View which stocks have been most impacted by COVID-19

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, July 20th. Stockholders of record on Wednesday, September 1st will be paid a dividend of $0.225 per share on Wednesday, September 15th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 3.10%. The ex-dividend date is Tuesday, August 31st.
View MidWestOne Financial Group's dividend history

Is MidWestOne Financial Group a good dividend stock?

MidWestOne Financial Group pays an annual dividend of $0.90 per share and currently has a dividend yield of 3.19%. MidWestOne Financial Group does not yet have a strong track record of dividend growth. The dividend payout ratio of MidWestOne Financial Group is 37.97%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MidWestOne Financial Group will have a dividend payout ratio of 30.20% next year. This indicates that MidWestOne Financial Group will be able to sustain or increase its dividend.
View MidWestOne Financial Group's dividend history.

Who are MidWestOne Financial Group's key executives?

MidWestOne Financial Group's management team includes the following people:
  • Charles N. Funk, Chief Executive Officer & Director
  • Len D. Devaisher, President & Chief Operating Officer
  • Barry S. Ray, Chief Financial Officer & Senior EVP
  • James M. Cantrell, Treasurer, Chief Investment Officer & Senior EVP
  • Gary L. Sims, Chief Credit Officer & Senior Vice President

What is Charles N. Funk's approval rating as MidWestOne Financial Group's CEO?

22 employees have rated MidWestOne Financial Group CEO Charles N. Funk on Charles N. Funk has an approval rating of 87% among MidWestOne Financial Group's employees.

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), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), NIC (EGOV), Athabasca Oil (ATH), Allergan (AGN), Honeywell International (HON), Micron Technology (MU) and Starbucks (SBUX).

What is MidWestOne Financial Group's stock symbol?

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

Who are MidWestOne Financial Group's major shareholders?

MidWestOne Financial Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include MidWestOne Financial Group Inc. (28.02%), BlackRock Inc. (6.86%), Vanguard Group Inc. (4.75%), Dimensional Fund Advisors LP (3.58%), The Manufacturers Life Insurance Company (1.91%) and State Street Corp (1.77%). Company insiders that own MidWestOne Financial Group stock include Charles N Funk, Douglas H Greeff, Douglas K True, Janet E Godwin, Jennifer Leigh Hauschildt, Kurt R Weise, Len D Devaisher, Matthew J Hayek, Nathaniel J Kaeding and Richard J Hartig.
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 MidWestOne Financial Group Inc., BlackRock Inc., Bank of America Corp DE, Morgan Stanley, Morgan Stanley, JPMorgan Chase & Co., Goldman Sachs Group Inc., and Northern Trust Corp.
View insider buying and selling activity for MidWestOne Financial Group
or view top insider-selling stocks.

Which major investors are buying MidWestOne Financial Group stock?

MOFG stock was acquired by a variety of institutional investors in the last quarter, including Basswood Capital Management L.L.C., Vanguard Group Inc., Dimensional Fund Advisors LP, Geode Capital Management LLC, First Trust Advisors LP, Hotchkis & Wiley Capital Management LLC, The Manufacturers Life Insurance Company , and American Century Companies Inc.. Company insiders that have bought MidWestOne Financial Group stock in the last two years include Charles N Funk, Douglas H Greeff, Douglas K True, Janet E Godwin, Jennifer Leigh Hauschildt, Len D Devaisher, Matthew J Hayek, Nathaniel J Kaeding, and Richard J Hartig.
View insider buying and selling activity for MidWestOne Financial Group
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is MidWestOne Financial Group's stock price today?

One share of MOFG stock can currently be purchased for approximately $29.01.

How much money does MidWestOne Financial Group make?

MidWestOne Financial Group has a market capitalization of $460.53 million and generates $223.41 million in revenue each year. The financial services provider earns $6.62 million in net income (profit) each year or $2.37 on an earnings per share basis.

How many employees does MidWestOne Financial Group have?

MidWestOne Financial Group employs 741 workers across the globe.

What is MidWestOne Financial Group's official website?

The official website for MidWestOne Financial Group is

Where are MidWestOne Financial Group's headquarters?

MidWestOne Financial Group is headquartered at 102 SOUTH CLINTON ST., IOWA CITY IA, 52240.

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].

This page was last updated on 9/24/2021 by Staff
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