Positive News SentimentPositive NewsNASDAQ:MPB Mid Penn Bancorp (MPB) Stock Price, News & Analysis → Biden to Launch “FedNOW” [Move Your Money Now] (From Priority Gold) (Ad) Free MPB Stock Alerts $19.80 +0.28 (+1.43%) (As of 04/18/2024 ET) Add Compare Share Share Today's Range$19.26▼$19.8050-Day Range$19.20▼$22.1552-Week Range$18.25▼$25.92Volume39,490 shsAverage Volume24,476 shsMarket Capitalization$328.09 millionP/E Ratio8.68Dividend Yield4.04%Price Target$26.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Mid Penn Bancorp alerts: Email Address Mid Penn Bancorp MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside31.3% Upside$26.00 Price TargetShort InterestHealthy0.21% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares$103,875 Bought Last QuarterProj. Earnings Growth16.54%From $2.66 to $3.10 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.90 out of 5 starsFinance Sector46th out of 822 stocksState Commercial Banks Industry12th out of 172 stocks 3.5 Analyst's Opinion Consensus RatingMid Penn Bancorp has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageMid Penn Bancorp has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.21% of the outstanding shares of Mid Penn Bancorp have been sold short.Short Interest Ratio / Days to CoverMid Penn Bancorp has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Mid Penn Bancorp has recently decreased by 48.19%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipMid Penn Bancorp is a leading dividend payer. It pays a dividend yield of 4.17%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthMid Penn Bancorp does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Mid Penn Bancorp is 35.09%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Mid Penn Bancorp will have a dividend payout ratio of 25.81% next year. This indicates that Mid Penn Bancorp will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MPB. Previous Next 2.7 News and Social Media Coverage News SentimentMid Penn Bancorp has a news sentiment score of 1.88. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Finance companies.Search InterestOnly 1 people have searched for MPB on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Mid Penn Bancorp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $103,875.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders10.70% of the stock of Mid Penn Bancorp is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions43.11% of the stock of Mid Penn Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Mid Penn Bancorp are expected to grow by 16.54% in the coming year, from $2.66 to $3.10 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Mid Penn Bancorp is 8.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.53.Price to Earnings Ratio vs. SectorThe P/E ratio of Mid Penn Bancorp is 8.68, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.13.Price to Book Value per Share RatioMid Penn Bancorp has a P/B Ratio of 0.61. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIWith the “Bitcoin Loophole” you can supercharge the gains by 10x or moreThanks to this newly discovered Bitcoin Loophole, you can now trade Bitcoin in any regular brokerage account… And not only that… you can use it to supercharge the gains of Bitcoin by 10x or more! You see, thanks to one unique investor's brand new discovery - anyone with a regular brokerage account can now tap into the most explosive asset in history. That means you can skip the hassle of opening a Coinbase account… Bypass the fees and hard-to-remember passwords…Sign up here for a FREE workshop to discover one trader’s $213,000 real-money trade! About Mid Penn Bancorp Stock (NASDAQ:MPB)Mid Penn Bancorp, Inc. operates as the bank holding company for Mid Penn Bank that provides commercial banking services to individuals, partnerships, non-profit organizations, and corporations. The company offers various time and demand deposit products, including checking accounts, savings accounts, clubs, money market deposit accounts, certificates of deposit, and individual retirement accounts. It also provides a range of loan products comprising mortgage and home equity loans, secured and unsecured commercial and consumer loans, lines of credit, construction financing, farm loans, community development loans, loans to non-profit entities, and local government loans. In addition, the company offers trust, retail investment, wealth management, and insurance services; and provides online banking, telephone banking, cash management, and automated teller services, as well as safe deposit boxes. The company was founded in 1868 and is headquartered in Harrisburg, Pennsylvania.Read More MPB Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MPB Stock News HeadlinesMarch 19, 2024 | insidertrades.comMid Penn Bancorp, Inc. (NASDAQ:MPB) Director Theodore W. Mowery Buys 2,000 SharesApril 11, 2024 | americanbankingnews.comMid Penn Bancorp, Inc. (NASDAQ:MPB) Sees Significant Decrease in Short InterestApril 18, 2024 | The Bull Report (Ad)Healthcare Takes A Big Step Forward With The Help Of AIThe average doctor can diagnose an illness correctly 50-90% of the time. But one innovative company's medical AI gets it right 92%+.March 20, 2024 | investing.comMid Penn Bancorp director buys $40.8k in company stockMarch 14, 2024 | msn.comMid Penn Bank Launches Sports and Entertainment Division of Private BankFebruary 23, 2024 | benzinga.comMid Penn Bancorp Stock (NASDAQ:MPB) Earnings Dates and Earning CallsFebruary 22, 2024 | benzinga.comMid Penn Bancorp Stock (NASDAQ:MPB) Dividends: History, Yield and DatesFebruary 1, 2024 | markets.businessinsider.comKBW Reaffirms Their Buy Rating on Mid Penn Bancorp (MPB)April 18, 2024 | The Bull Report (Ad)Healthcare Takes A Big Step Forward With The Help Of AIThe average doctor can diagnose an illness correctly 50-90% of the time. But one innovative company's medical AI gets it right 92%+.January 29, 2024 | markets.businessinsider.comKBW Remains a Buy on Mid Penn Bancorp (MPB)January 27, 2024 | finance.yahoo.comMid Penn Bancorp Full Year 2023 Earnings: EPS Misses ExpectationsJanuary 26, 2024 | benzinga.comRecap: Mid Penn Bancorp Q4 EarningsJanuary 26, 2024 | finance.yahoo.comMid Penn Bancorp Inc Reports Robust Earnings Growth and Declares DividendJanuary 26, 2024 | finance.yahoo.comMid Penn Bancorp, Inc. Reports Fourth Quarter Earnings and Declares Quarterly DividendJanuary 26, 2024 | finance.yahoo.comMid Penn Bancorp (MPB) Q4 Earnings and Revenues Surpass EstimatesJanuary 19, 2024 | finance.yahoo.comMid Penn Bank Promotes Jordan Space to President of the Private Bank and Chief Operating Officer of the CompanyJanuary 18, 2024 | finance.yahoo.comMid Penn Bank Promotes Scott Micklewright to President of the Commercial and Consumer BankJanuary 12, 2024 | marketwatch.comMid Penn Bancorp Names Justin Webb Finance ChiefJanuary 12, 2024 | finance.yahoo.comMid Penn Bancorp, Inc. Appoints Justin T. Webb as Chief Financial OfficerJanuary 1, 2024 | finance.yahoo.comInstitutions own 41% of Mid Penn Bancorp, Inc. (NASDAQ:MPB) shares but retail investors control 53% of the companyDecember 14, 2023 | finance.yahoo.comFirst Mid Bancshares (FMBH) Stock Jumps 5.8%: Will It Continue to Soar?December 5, 2023 | finance.yahoo.comShareholders in Mid Penn Bancorp (NASDAQ:MPB) are in the red if they invested a year agoDecember 4, 2023 | realmoney.thestreet.comMid Penn Bancorp initiated with an Outperform at Keefe BruyetteNovember 8, 2023 | morningstar.comMid Penn Bancorp Inc MPBNovember 8, 2023 | finance.yahoo.comMid Penn Bancorp's Albert Evans Acquires 17% More StockNovember 4, 2023 | finance.yahoo.comMid Penn Bancorp, Inc. (NASDAQ:MPB) Looks Interesting, And It's About To Pay A DividendOctober 29, 2023 | finance.yahoo.comMid Penn Bancorp (NASDAQ:MPB) Has Announced A Dividend Of $0.20See More Headlines Receive MPB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Mid Penn Bancorp and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings1/26/2024Ex-Dividend for 2/20 Dividend2/08/2024Dividend Payable2/20/2024Today4/18/2024Next Earnings (Estimated)4/26/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry State commercial banks Sub-IndustryN/A Current SymbolNASDAQ:MPB CUSIPN/A CIK879635 Webwww.midpennbank.com Phone(866) 642-7736Fax717-692-4861Employees621Year FoundedN/APrice Target and Rating Average Stock Price Target$26.00 High Stock Price Target$26.00 Low Stock Price Target$26.00 Potential Upside/Downside+31.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$2.28 Trailing P/E Ratio8.68 Forward P/E Ratio7.44 P/E GrowthN/ANet Income$37.40 million Net Margins14.59% Pretax Margin17.43% Return on Equity8.37% Return on Assets0.87% Debt Debt-to-Equity Ratio0.19 Current Ratio0.94 Quick Ratio0.94 Sales & Book Value Annual Sales$256.35 million Price / Sales1.28 Cash Flow$3.17 per share Price / Cash Flow6.24 Book Value$32.54 per share Price / Book0.61Miscellaneous Outstanding Shares16,570,000Free Float14,801,000Market Cap$328.09 million OptionableOptionable Beta0.57 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.Get This Free Report Key ExecutivesMr. Rory G. Ritrievi (Age 60)President, CEO & Chairman Comp: $1.05MMr. Justin T. Webb (Age 41)Chief Financial Officer Comp: $554.11kMr. Scott W. Micklewright (Age 41)Chief Revenue Officer Comp: $550.7kMr. Joseph Louis Paese CFP (Age 80)Executive VP and Director of Trust & Wealth Management of Mid Penn Bank Comp: $385.23kMr. Jordan D. SpaceChief Operating OfficerMargaret E. SteinourSenior VP & Chief Administrative OfficerZachary C. MillerFirst SVP & Chief Risk OfficerMs. Heather R. Hall (Age 50)Senior EVP, Central Pennsylvania Market President & Chief Lending Officer of Bank Elizabeth O. MartinCorporate SecretaryMore ExecutivesKey CompetitorsMidWestOne Financial GroupNASDAQ:MOFGRBB BancorpNASDAQ:RBBFlushing FinancialNASDAQ:FFICRed River BancsharesNASDAQ:RRBIBridgewater BancsharesNASDAQ:BWBView All CompetitorsInsiders & InstitutionsJoel L FrankBought 126 shares on 3/28/2024Total: $2,521.26 ($20.01/share)Theodore W MoweryBought 2,000 shares on 3/15/2024Total: $40,840.00 ($20.42/share)Vanguard Group Inc.Bought 29,489 shares on 3/11/2024Ownership: 4.055%John E NooneBought 290 shares on 3/11/2024Total: $5,924.70 ($20.43/share)Wellington Management Group LLPSold 68,475 shares on 3/5/2024Ownership: 4.229%View All Insider TransactionsView All Institutional Transactions MPB Stock Analysis - Frequently Asked Questions Should I buy or sell Mid Penn Bancorp stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Mid Penn Bancorp in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" MPB shares. View MPB analyst ratings or view top-rated stocks. What is Mid Penn Bancorp's stock price target for 2024? 2 brokers have issued 1-year price objectives for Mid Penn Bancorp's stock. Their MPB share price targets range from $26.00 to $26.00. On average, they predict the company's stock price to reach $26.00 in the next twelve months. This suggests a possible upside of 31.3% from the stock's current price. View analysts price targets for MPB or view top-rated stocks among Wall Street analysts. How have MPB shares performed in 2024? Mid Penn Bancorp's stock was trading at $24.28 at the beginning of the year. Since then, MPB shares have decreased by 18.5% and is now trading at $19.80. View the best growth stocks for 2024 here. Are investors shorting Mid Penn Bancorp? Mid Penn Bancorp saw a drop in short interest in March. As of March 31st, there was short interest totaling 34,400 shares, a drop of 48.2% from the March 15th total of 66,400 shares. Based on an average daily volume of 23,500 shares, the days-to-cover ratio is currently 1.5 days. View Mid Penn Bancorp's Short Interest. When is Mid Penn Bancorp's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, April 26th 2024. View our MPB earnings forecast. How were Mid Penn Bancorp's earnings last quarter? Mid Penn Bancorp, Inc. (NASDAQ:MPB) released its earnings results on Friday, January, 26th. The financial services provider reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.14. The financial services provider earned $42.12 million during the quarter, compared to analyst estimates of $42.03 million. Mid Penn Bancorp had a trailing twelve-month return on equity of 8.37% and a net margin of 14.59%. How often does Mid Penn Bancorp pay dividends? What is the dividend yield for Mid Penn Bancorp? Mid Penn Bancorp announced a quarterly dividend on Wednesday, January 24th. Investors of record on Friday, February 9th will be paid a dividend of $0.20 per share on Tuesday, February 20th. This represents a $0.80 dividend on an annualized basis and a yield of 4.04%. The ex-dividend date of this dividend is Thursday, February 8th. Read our dividend analysis for MPB. Is Mid Penn Bancorp a good dividend stock? Mid Penn Bancorp (NASDAQ:MPB) pays an annual dividend of $0.80 per share and currently has a dividend yield of 4.17%. MPB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 35.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MPB will have a dividend payout ratio of 25.81% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MPB. What is Rory G. Ritrievi's approval rating as Mid Penn Bancorp's CEO? 24 employees have rated Mid Penn Bancorp Chief Executive Officer Rory G. Ritrievi on Glassdoor.com. Rory G. Ritrievi has an approval rating of 86% among the company's employees. What other stocks do shareholders of Mid Penn Bancorp own? Based on aggregate information from My MarketBeat watchlists, some companies that other Mid Penn Bancorp investors own include AT&T (T), Exxon Mobil (XOM), Walt Disney (DIS), Enterprise Products Partners (EPD), Wells Fargo & Company (WFC), Energy Transfer (ET), International Business Machines (IBM), Pfizer (PFE), Verizon Communications (VZ) and Consolidated Edison (ED). How do I buy shares of Mid Penn Bancorp? Shares of MPB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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