NASDAQ:MPB - Mid Penn Bancorp Stock Price, Forecast & News

Mid Penn Bancorp's stock was trading at $17.49 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MPB stock has increased by 9.3% and is now trading at $19.11. View which stocks have been mosted impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mid Penn Bancorp in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Mid Penn Bancorp.

Mid Penn Bancorp is scheduled to release its next quarterly earnings announcement on Thursday, April 23rd 2020. View our earnings forecast for Mid Penn Bancorp.

Mid Penn Bancorp, Inc. (NASDAQ:MPB) posted its earnings results on Tuesday, January, 28th. The financial services provider reported $0.52 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.57 by $0.05. The financial services provider earned $22 million during the quarter. Mid Penn Bancorp had a net margin of 16.40% and a return on equity of 7.60%. View Mid Penn Bancorp's earnings history.

Mid Penn Bancorp announced a quarterly dividend on Thursday, January 30th. Investors of record on Wednesday, February 5th will be given a dividend of $0.18 per share on Monday, February 24th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 3.77%. The ex-dividend date is Tuesday, February 4th. View Mid Penn Bancorp's dividend history.

2 brokers have issued 12 month price objectives for Mid Penn Bancorp's stock. Their forecasts range from $24.00 to $24.00. On average, they anticipate Mid Penn Bancorp's share price to reach $24.00 in the next twelve months. This suggests a possible upside of 25.6% from the stock's current price. View analysts' price targets for Mid Penn Bancorp.

News stories about MPB stock have been trending somewhat negative this week, InfoTrie reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Mid Penn Bancorp earned a coverage optimism score of -1.0 on InfoTrie's scale. They also assigned media headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutMid Penn Bancorp.

Mid Penn Bancorp saw a increase in short interest in March. As of March 13th, there was short interest totaling 28,500 shares, an increase of 55.7% from the February 27th total of 18,300 shares. Based on an average daily trading volume, of 14,600 shares, the days-to-cover ratio is presently 2.0 days. Currently, 0.4% of the shares of the stock are sold short. View Mid Penn Bancorp's Current Options Chain.

Some companies that are related to Mid Penn Bancorp include First Bancorp (FBNC), Stock Yards Bancorp (SYBT), Carolina Financial (CARO), Republic Bancorp, Inc. KY (RBCAA), Triumph Bancorp (TBK), FB Financial (FBK), Washington Trust Bancorp (WASH), OFG Bancorp (OFG), Boston Private Financial (BPFH), Live Oak Bancshares (LOB), Community Trust Bancorp (CTBI), Lakeland Bancorp (LBAI), Bryn Mawr Bank (BMTC), ConnectOne Bancorp (CNOB) and Great Southern Bancorp (GSBC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Mid Penn Bancorp investors own include Codorus Valley Bancorp (CVLY), Consolidated Edison (ED), Enbridge (ENB), KeyCorp (KEY), Gilead Sciences (GILD), Huntington Bancshares (HBAN), Methanex (MEOH), People's United Financial (PBCT), Pattern Energy Group (PEGI) and Walgreens Boots Alliance (WBA).

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

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 $19.11.

Mid Penn Bancorp has a market capitalization of $162.05 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. View additional information about Mid Penn Bancorp.

The official website for Mid Penn Bancorp is http://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]