Mid Penn Bancorp Stock Forecast, Price & News

Mid Penn Bancorp (NASDAQ:MPB) Frequently Asked Questions

Is Mid Penn Bancorp a buy right now?

2 Wall Street 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 analysts is that investors should "buy" Mid Penn Bancorp stock.
View analyst ratings for Mid Penn Bancorp or view top-rated stocks.

How has Mid Penn Bancorp's stock price been impacted by COVID-19 (Coronavirus)?

Mid Penn Bancorp's stock was trading at $17.49 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MPB stock has increased by 74.3% and is now trading at $30.49.
View which stocks have been most impacted by COVID-19.

Are investors shorting Mid Penn Bancorp?

Mid Penn Bancorp saw a increase in short interest in December. As of December 31st, there was short interest totaling 115,200 shares, an increase of 16.7% from the December 15th total of 98,700 shares. Based on an average trading volume of 48,700 shares, the short-interest ratio is currently 2.4 days. Currently, 1.6% of the company's shares are short sold.
View Mid Penn Bancorp's Short Interest.

When is Mid Penn Bancorp's next earnings date?

Mid Penn Bancorp is scheduled to release its next quarterly earnings announcement on Thursday, January 27th 2022.
View our earnings forecast for Mid Penn Bancorp.

How were Mid Penn Bancorp's earnings last quarter?

Mid Penn Bancorp, Inc. (NASDAQ:MPB) posted its quarterly earnings data on Tuesday, October, 26th. The financial services provider reported $0.86 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.47 by $0.39. The financial services provider had revenue of $32.50 million for the quarter, compared to the consensus estimate of $28.67 million. Mid Penn Bancorp had a trailing twelve-month return on equity of 12.46% and a net margin of 26.11%.
View Mid Penn Bancorp's earnings history.

How often does Mid Penn Bancorp pay dividends? What is the dividend yield for Mid Penn Bancorp?

Mid Penn Bancorp declared a quarterly dividend on Wednesday, October 27th. Investors of record on Wednesday, November 10th will be paid a dividend of $0.20 per share on Monday, November 22nd. This represents a $0.80 annualized dividend and a yield of 2.62%. The ex-dividend date of this dividend is Tuesday, November 9th.
View Mid Penn Bancorp's dividend history.

Is Mid Penn Bancorp a good dividend stock?

Mid Penn Bancorp pays an annual dividend of $0.80 per share and currently has a dividend yield of 2.60%. Mid Penn Bancorp does not yet have a strong track record of dividend growth. The dividend payout ratio of Mid Penn Bancorp is 20.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Mid Penn Bancorp will have a dividend payout ratio of 28.57% next year. This indicates that Mid Penn Bancorp will be able to sustain or increase its dividend.
View Mid Penn Bancorp's dividend history.

What price target have analysts set for MPB?

2 brokers have issued 12 month price objectives for Mid Penn Bancorp's shares. Their forecasts range from $30.00 to $30.00. On average, they expect Mid Penn Bancorp's stock price to reach $30.00 in the next twelve months. This suggests that the stock has a possible downside of 1.6%.
View analysts' price targets for Mid Penn Bancorp or view top-rated stocks among Wall Street analysts.

Who are Mid Penn Bancorp's key executives?

Mid Penn Bancorp's management team includes the following people:

• Rory G. Ritrievi, President, Chief Executive Officer & Director
• Justin T. Webb, Chief Operating Officer (LinkedIn Profile)
• Donald F. Holt, Chief Financial Officer
• Joan E. Dickinson, Executive VP & Chief of Staff of the Bank (LinkedIn Profile)
• Cindy L. Wetzel, Secretary

What is Rory G. Ritrievi's approval rating as Mid Penn Bancorp's CEO?

24 employees have rated Mid Penn Bancorp CEO Rory G. Ritrievi on Glassdoor.com. Rory G. Ritrievi has an approval rating of 86% among Mid Penn Bancorp's employees.

Who are some of Mid Penn Bancorp's key competitors?

Some companies that are related to Mid Penn Bancorp include ConnectOne Bancorp (CNOB), Southside Bancshares (SBSI), OFG Bancorp (OFG), TriCo Bancshares (TCBK), Merchants Bancorp (MBIN), S&T Bancorp (STBA), 1st Source (SRCE), Tompkins Financial (TMP), Preferred Bank (PFBC), First Foundation (FFWM), Premier Financial (PFC), Metropolitan Bank (MCB), HomeStreet (HMST), German American Bancorp (GABC) and Byline Bancorp (BY).
View all of MPB's competitors.

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).

What is Mid Penn Bancorp's stock symbol?

Mid Penn Bancorp trades on the NASDAQ under the ticker symbol "MPB."

How do I buy shares of Mid Penn Bancorp?

Shares of MPB 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.
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What is Mid Penn Bancorp's stock price today?

One share of MPB stock can currently be purchased for approximately $30.49.

How much money does Mid Penn Bancorp make?

Mid Penn Bancorp has a market capitalization of $348.62 million and generates $125.84 million in revenue each year. The financial services provider earns $26.21 million in net income (profit) each year or $3.95 on an earnings per share basis.

How many employees does Mid Penn Bancorp have?

Mid Penn Bancorp employs 458 workers across the globe.

What is Mid Penn Bancorp's official website?

The official website for Mid Penn Bancorp is www.midpennbank.com.

Where are Mid Penn Bancorp's headquarters?

Mid Penn Bancorp is headquartered at 349 UNION STREET, MILLERSBURG PA, 17061.

How can I contact Mid Penn Bancorp?

Mid Penn Bancorp's mailing address is 349 UNION STREET, MILLERSBURG PA, 17061. The financial services provider can be reached via phone at (717) 692-2133, via email at [email protected], or via fax at 717-692-4861.