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DOW   30,814.26
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
pixel
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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NASDAQ:MOFG

MidWestOne Financial Group Stock Forecast, Price & News

$26.99
-0.22 (-0.81 %)
(As of 01/15/2021 12:00 AM ET)
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Today's Range
$26.59
Now: $26.99
$27.47
50-Day Range
$23.26
MA: $24.97
$27.21
52-Week Range
$15.25
Now: $26.99
$35.37
Volume25,349 shs
Average Volume45,460 shs
Market Capitalization$434.43 million
P/E Ratio128.53
Dividend Yield3.26%
Beta1.05
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 non-interest-bearing and interest-bearing demand deposit accounts, interest checking accounts, savings accounts, money market accounts, certificates of deposit, and time deposits. The company also provides commercial and residential real estate, commercial and industrial, agricultural, consumer, and credit card loans. In addition, it offers various trust and investment services, including administering estates, personal trusts, and conservatorships, as well as property management, farm management, investment advisory, retail securities brokerage, financial planning, securities trading, mutual funds sales, fixed and variable annuities and tax-exempt, conventional unit trusts, and custodial services. Further, the company provides other products and services comprising treasury management, debit cards, automated teller machines, online banking, mobile banking, and safe deposit boxes. It offers its products and services primarily through a network of full-service branches, including 34 branches located throughout central and eastern Iowa; 13 branches located 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, Inc. was incorporated in 1983 and is headquartered in Iowa City, Iowa.
MidWestOne Financial Group logo

MarketRank

Overall MarketRank

1.98 out of 5 stars

Finance Sector

243rd out of 301 stocks

State Commercial Banks Industry

44th out of 60 stocks

Analyst Opinion: 1.3Community Rank: 2.0Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:MOFG
CUSIP59851110
Phone319-356-5800
Employees771

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$213.69 million
Cash Flow$3.34 per share
Book Value$31.50 per share

Profitability

Net Income$43.63 million

Miscellaneous

Market Cap$434.43 million
Next Earnings Date1/28/2021 (Estimated)
OptionableNot Optionable
$26.99
-0.22 (-0.81 %)
(As of 01/15/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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MidWestOne Financial Group (NASDAQ:MOFG) Frequently Asked Questions

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

MidWestOne Financial Group's stock was trading at $24.02 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MOFG stock has increased by 12.4% and is now trading at $26.99.
View which stocks have been most impacted by COVID-19
.

Is MidWestOne Financial Group a buy right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MidWestOne Financial Group in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MidWestOne Financial Group stock.
View analyst ratings for MidWestOne Financial Group
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than MidWestOne Financial Group?

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

When is MidWestOne Financial Group's next earnings date?

MidWestOne Financial Group is scheduled to release its next quarterly earnings announcement on Thursday, January 28th 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 Thursday, October, 29th. The financial services provider reported $0.73 earnings per share for the quarter, topping analysts' consensus estimates of $0.61 by $0.12. The financial services provider had revenue of $47.38 million for the quarter, compared to analysts' expectations of $47.45 million. MidWestOne Financial Group had a net margin of 1.45% and a return on equity of 7.33%.
View MidWestOne Financial Group's earnings history
.

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, October 28th. Stockholders of record on Tuesday, December 1st will be paid a dividend of $0.22 per share on Tuesday, December 15th. This represents a $0.88 annualized dividend and a dividend yield of 3.26%. The ex-dividend date of this dividend is Monday, November 30th.
View MidWestOne Financial Group's dividend history
.

Is MidWestOne Financial Group a good dividend stock?

MidWestOne Financial Group pays an annual dividend of $0.88 per share and currently has a dividend yield of 3.26%. The dividend payout ratio of MidWestOne Financial Group is 25.88%. 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 37.93% next year. This indicates that MidWestOne Financial Group will be able to sustain or increase its dividend.
View MidWestOne Financial Group's dividend history.

What price target have analysts set for MOFG?

2 brokers have issued 1 year price targets for MidWestOne Financial Group's stock. Their forecasts range from $22.00 to $22.50. On average, they anticipate MidWestOne Financial Group's stock price to reach $22.25 in the next twelve months. This suggests that the stock has a possible downside of 17.6%.
View analysts' price targets for MidWestOne Financial Group
or view Wall Street analyst' top-rated stocks.

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

Who are MidWestOne Financial Group's key executives?

MidWestOne Financial Group's management team includes the following people:
  • Mr. Charles N. Funk, CEO & Director (Age 67, Pay $802.48k)
  • Mr. Barry S. Ray, CFO & Sr. Exec. VP (Age 49, Pay $499.7k)
  • Mr. James M. Cantrell, Chief Investment Officer, Sr. Exec. VP & Treasurer (Age 61, Pay $334.66k)
  • Mr. Gregory W. Turner, VP of Wealth Management & Corp. Communications (Age 49, Pay $330.92k)
  • Mr. Len D. Devaisher, Pres & COO
  • Mr. John Henk, Sr. VP & Chief Information Officer
  • Ms. Peggy L. Hudson, Sr. VP & Chief Marketing Officer
  • Ms. Sondra J. Harney, VP & Chief HR Officer
  • Mr. Joe Van Haselen, Regional Pres of Denver Area
  • Kevin Conroy, Sr. VP of The Denver Market

What is MidWestOne Financial Group's stock symbol?

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

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.

What is MidWestOne Financial Group's stock price today?

One share of MOFG stock can currently be purchased for approximately $26.99.

How big of a company is MidWestOne Financial Group?

MidWestOne Financial Group has a market capitalization of $434.43 million and generates $213.69 million in revenue each year. The financial services provider earns $43.63 million in net income (profit) each year or $3.40 on an earnings per share basis. MidWestOne Financial Group employs 771 workers across the globe.

What is MidWestOne Financial Group's official website?

The official website for MidWestOne Financial Group is 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]

This page was last updated on 1/18/2021 by MarketBeat.com Staff

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