NASDAQ:MPBMid Penn Bancorp Stock Price, Forecast & News

Mid Penn Bancorp's stock was trading at $17.49 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MPB shares have increased by 11.4% and is now trading at $19.49.
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1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mid Penn Bancorp in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold."
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Mid Penn Bancorp is scheduled to release its next quarterly earnings announcement on Friday, October 23rd 2020.
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Mid Penn Bancorp, Inc. (NASDAQ:MPB) announced its earnings results on Thursday, July, 23rd. The financial services provider reported $0.81 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.31 by $0.50. The financial services provider earned $24.97 million during the quarter, compared to the consensus estimate of $21.53 million. Mid Penn Bancorp had a return on equity of 8.37% and a net margin of 17.65%.
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Mid Penn Bancorp announced a quarterly dividend on Wednesday, July 22nd. Stockholders of record on Monday, August 10th will be paid a dividend of $0.18 per share on Monday, August 24th. This represents a $0.72 annualized dividend and a dividend yield of 3.69%. The ex-dividend date is Friday, August 7th.
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1 analysts have issued 12 month price objectives for Mid Penn Bancorp's stock. Their forecasts range from $22.00 to $22.00. On average, they expect Mid Penn Bancorp's share price to reach $22.00 in the next year. This suggests a possible upside of 12.9% from the stock's current price.
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Media stories about MPB stock have trended somewhat negative on Wednesday, InfoTrie reports. The research firm rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Mid Penn Bancorp earned a coverage optimism score of -1.0 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the next few days.
View the latest news about Mid Penn Bancorp.

Mid Penn Bancorp saw a increase in short interest in June. As of June 30th, there was short interest totaling 68,900 shares, an increase of 12.0% from the June 15th total of 61,500 shares. Based on an average daily volume of 15,400 shares, the short-interest ratio is currently 4.5 days. Currently, 1.0% of the company's shares are sold short.
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Some companies that are related to Mid Penn Bancorp include Republic Bancorp, Inc. KY (RBCAA), HomeStreet (HMST), Triumph Bancorp (TBK), First Bancorp (FBNC), Washington Trust Bancorp (WASH), Community Trust Bancorp (CTBI), First National Bank Alaska (FBAK), TrustCo Bank Corp NY (TRST), Preferred Bank (PFBC), ConnectOne Bancorp (CNOB), Merchants Bancorp (MBIN), Origin Bancorp (OBNK), Bryn Mawr Bank (BMTC), Great Southern Bancorp (GSBC) and Lakeland Bancorp (LBAI).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Mid Penn Bancorp investors own include Consolidated Edison (ED), Enbridge (ENB), Enterprise Products Partners (EPD), Kohl's (KSS), Occidental Petroleum (OXY), AT&T (T), Wells Fargo & Co (WFC), AbbVie (ABBV), Algonquin Power & Utilities (AQN) and Carnival (CCL).

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

Mid Penn Bancorp's stock is owned by a number of retail and institutional investors. Top institutional shareholders include UBS Group AG (0.03%). Company insiders that own Mid Penn Bancorp stock include Alan P Novak, David E Sparks, John E Noone, Joseph L Paese, Justin T Webb, Kimberly J Brumbaugh, Michael D Peduzzi, Noble C Quandel, Jr, Patrick M Smith, Robert A Abel, Robert C Grubic, Robert E Klinger, Robert J Moisey, Rory G Ritrievi, Soto Matthew G De, Steven T Boyer, Theodore W Mowery and William A Specht III.
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MPB stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG.
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Shares of MPB 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, Robinhood, Fidelity, and Charles Schwab.

One share of MPB stock can currently be purchased for approximately $19.49.

Mid Penn Bancorp has a market capitalization of $163.91 million and generates $107.93 million in revenue each year. The financial services provider earns $17.70 million in net income (profit) each year or $2.09 on an earnings per share basis. Mid Penn Bancorp employs 372 workers across the globe.

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

Mid Penn Bancorp's mailing address is 349 UNION STREET, MILLERSBURG PA, 17061. The financial services provider can be reached via phone at 866-642-7736 or via email at [email protected]