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. Since then, MPB shares have increased by 20.0% and is now trading at $20.99.
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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) issued its quarterly earnings data on Thursday, July, 23rd. The financial services provider reported $0.81 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.31 by $0.50. The financial services provider earned $24.97 million during the quarter, compared to analyst estimates of $21.53 million. Mid Penn Bancorp had a net margin of 17.65% and a return on equity of 8.37%.
View Mid Penn Bancorp's earnings history.

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 dividend on an annualized basis and a dividend yield of 3.43%. The ex-dividend date is Friday, August 7th.
View Mid Penn Bancorp's dividend history.

1 analysts have issued 1 year 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 stock price to reach $22.00 in the next twelve months. This suggests a possible upside of 4.8% from the stock's current price.
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News headlines about MPB stock have trended somewhat negative on Saturday, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of news 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 nearest to five being the most favorable. Mid Penn Bancorp earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned news articles about the financial services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near term.
View the latest news about Mid Penn Bancorp.

Mid Penn Bancorp saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 35,000 shares, an increase of 47.1% from the April 15th total of 23,800 shares. Based on an average trading volume of 14,100 shares, the days-to-cover ratio is currently 2.5 days. Currently, 0.5% of the company's stock are sold short.
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Some companies that are related to Mid Penn Bancorp include HomeStreet (HMST), First Bancorp (FBNC), Washington Trust Bancorp (WASH), ConnectOne Bancorp (CNOB), Preferred Bank (PFBC), Community Trust Bancorp (CTBI), TrustCo Bank Corp NY (TRST), First National Bank Alaska (FBAK), Lakeland Bancorp (LBAI), Origin Bancorp (OBNK), Great Southern Bancorp (GSBC), Merchants Bancorp (MBIN), Bryn Mawr Bank (BMTC), Luther Burbank (LBC) and Allegiance Bancshares (ABTX).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Mid Penn Bancorp investors own include AT&T (T), Wells Fargo & Co (WFC), Walt Disney (DIS), Enterprise Products Partners (EPD), Exxon Mobil (XOM), Bank of America (BAC), Enbridge (ENB), Energy Transfer LP Unit (ET), IBM (IBM) and AbbVie (ABBV).

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 investors include EJF Capital LLC (0.74%), Wharton Business Group LLC (0.54%), Bank of New York Mellon Corp (0.44%), BRYN MAWR TRUST Co (0.36%), Bank of America Corp DE (0.06%) and 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.
View institutional ownership trends for Mid Penn Bancorp.

MPB stock was sold by a variety of institutional investors in the last quarter, including EJF Capital LLC, and UBS Group AG.
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MPB stock was purchased by a variety of institutional investors in the last quarter, including Wharton Business Group LLC, BRYN MAWR TRUST Co, Bank of America Corp DE, and Bank of New York Mellon Corp. Company insiders that have bought Mid Penn Bancorp stock in the last two years include Alan P Novak, 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.
View insider buying and selling activity for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of MPB stock can currently be purchased for approximately $20.99.

Mid Penn Bancorp has a market capitalization of $176.76 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]