QQQ   358.01 (+0.84%)
AAPL   170.69 (+0.15%)
MSFT   313.64 (+0.27%)
META   303.96 (+2.09%)
GOOGL   132.31 (+1.36%)
AMZN   125.98 (+0.00%)
TSLA   246.38 (+2.44%)
NVDA   430.89 (+1.46%)
NIO   8.91 (+5.32%)
BABA   85.54 (-0.77%)
AMD   102.76 (+4.78%)
T   15.01 (+0.94%)
F   12.56 (+1.29%)
MU   65.20 (-4.41%)
CGC   0.81 (-8.95%)
GE   112.33 (+1.30%)
DIS   80.13 (+0.29%)
AMC   7.78 (+2.78%)
PFE   32.08 (-0.06%)
PYPL   58.18 (+1.46%)
NFLX   376.36 (-0.33%)
QQQ   358.01 (+0.84%)
AAPL   170.69 (+0.15%)
MSFT   313.64 (+0.27%)
META   303.96 (+2.09%)
GOOGL   132.31 (+1.36%)
AMZN   125.98 (+0.00%)
TSLA   246.38 (+2.44%)
NVDA   430.89 (+1.46%)
NIO   8.91 (+5.32%)
BABA   85.54 (-0.77%)
AMD   102.76 (+4.78%)
T   15.01 (+0.94%)
F   12.56 (+1.29%)
MU   65.20 (-4.41%)
CGC   0.81 (-8.95%)
GE   112.33 (+1.30%)
DIS   80.13 (+0.29%)
AMC   7.78 (+2.78%)
PFE   32.08 (-0.06%)
PYPL   58.18 (+1.46%)
NFLX   376.36 (-0.33%)
QQQ   358.01 (+0.84%)
AAPL   170.69 (+0.15%)
MSFT   313.64 (+0.27%)
META   303.96 (+2.09%)
GOOGL   132.31 (+1.36%)
AMZN   125.98 (+0.00%)
TSLA   246.38 (+2.44%)
NVDA   430.89 (+1.46%)
NIO   8.91 (+5.32%)
BABA   85.54 (-0.77%)
AMD   102.76 (+4.78%)
T   15.01 (+0.94%)
F   12.56 (+1.29%)
MU   65.20 (-4.41%)
CGC   0.81 (-8.95%)
GE   112.33 (+1.30%)
DIS   80.13 (+0.29%)
AMC   7.78 (+2.78%)
PFE   32.08 (-0.06%)
PYPL   58.18 (+1.46%)
NFLX   376.36 (-0.33%)
QQQ   358.01 (+0.84%)
AAPL   170.69 (+0.15%)
MSFT   313.64 (+0.27%)
META   303.96 (+2.09%)
GOOGL   132.31 (+1.36%)
AMZN   125.98 (+0.00%)
TSLA   246.38 (+2.44%)
NVDA   430.89 (+1.46%)
NIO   8.91 (+5.32%)
BABA   85.54 (-0.77%)
AMD   102.76 (+4.78%)
T   15.01 (+0.94%)
F   12.56 (+1.29%)
MU   65.20 (-4.41%)
CGC   0.81 (-8.95%)
GE   112.33 (+1.30%)
DIS   80.13 (+0.29%)
AMC   7.78 (+2.78%)
PFE   32.08 (-0.06%)
PYPL   58.18 (+1.46%)
NFLX   376.36 (-0.33%)

Midland States Bancorp (MSBI) Stock Forecast, Price & News

$20.58
+0.17 (+0.83%)
(As of 09/28/2023 ET)
Compare
Today's Range
$20.40
$20.75
50-Day Range
$20.41
$24.20
52-Week Range
$17.98
$28.59
Volume
52,017 shs
Average Volume
71,891 shs
Market Capitalization
$448.56 million
P/E Ratio
5.07
Dividend Yield
5.83%
Price Target
$25.33

Midland States Bancorp MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
23.1% Upside
$25.33 Price Target
Short Interest
Bearish
1.39% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.50
Upright™ Environmental Score
News Sentiment
1.87mentions of Midland States Bancorp in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-9.29%
From $3.23 to $2.93 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.41 out of 5 stars

Finance Sector

449th out of 877 stocks

State Commercial Banks Industry

113th out of 186 stocks


MSBI stock logo

About Midland States Bancorp (NASDAQ:MSBI) Stock

Midland States Bancorp, Inc. operates as a financial holding company for Midland States Bank that provides various banking products and services to individuals, businesses, municipalities, and other entities. It operates through Banking, Wealth Management, and Other segments. The company provides a range of financial products and services to consumers and businesses, including commercial loans to finance agricultural equipment and production; and commercial real estate loans for owner occupied offices, warehouses and production facilities, office buildings, hotels, mixed-use residential and commercial facilities, retail centers, multifamily properties, and assisted living facilities. In addition, it offers construction and land development loans, such as real estate investment properties and residential developments, and lesser extent loans; and residential real estate loans, which includes first and second mortgage loans, and home equity lines of credit consisting of loans secured by first or second mortgages on primarily owner occupied primary residences. The company also provides consumer installment loans for the purchase of cars, boats and other recreational vehicles, as well as for the purchase of major appliances and other home improvement projects; and commercial equipment leasing programs for manufacturing, construction, transportation, and healthcare industries. Further, it offers deposit products, including checking, savings, money market, and certificates of deposit, as well as sweep accounts; and trust and wealth management services, such as financial and estate planning, trustee and custodial, investment management, tax, insurance, and business planning, corporate retirement plan consulting and administration, and retail brokerage services. The company was founded in 1881 and is headquartered in Effingham, Illinois.

MSBI Price History

MSBI Stock News Headlines

66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
MSBI Midland States Bancorp, Inc.
See More Headlines
Receive MSBI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Midland States Bancorp and its competitors with MarketBeat's FREE daily newsletter.

MSBI Company Calendar

Last Earnings
7/27/2023
Ex-Dividend for 8/18 Dividend
8/10/2023
Dividend Payable
8/18/2023
Today
9/28/2023
Next Earnings (Estimated)
10/19/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:MSBI
Employees
915
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$25.33
High Stock Price Forecast
$26.00
Low Stock Price Forecast
$25.00
Forecasted Upside/Downside
+23.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$99.03 million
Pretax Margin
29.06%

Debt

Sales & Book Value

Annual Sales
$326.37 million
Cash Flow
$4.80 per share
Book Value
$29.26 per share

Miscellaneous

Free Float
20,575,000
Market Cap
$448.56 million
Optionable
Not Optionable
Beta
0.87
Beginners Guide To Retirement Stocks Cover

Click the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report

Key Executives

  • Mr. Jeffrey G. Ludwig CPAMr. Jeffrey G. Ludwig CPA (Age 51)
    Pres, CEO & Vice Chairman
    Comp: $1.26M
  • Mr. Eric T. Lemke CPAMr. Eric T. Lemke CPA (Age 54)
    Chief Financial Officer
    Comp: $581.9k
  • Mr. Douglas J. TuckerMr. Douglas J. Tucker (Age 64)
    Sr. VP, Corp. Counsel & Sec.
    Comp: $570.58k
  • Mr. Jeffrey S. MeffordMr. Jeffrey S. Mefford (Age 58)
    Exec. VP
    Comp: $788.83k
  • Mr. Donald J. SpringMr. Donald J. Spring (Age 63)
    Chief Accounting Officer & Corp. Controller
  • Mr. Kyle Mooney
    Chief Information Officer
  • Gerald Maloney
    Chief Compliance Officer
  • Shonna Kracinski
    Director of HR
  • Mr. Jeffrey A. BrunoehlerMr. Jeffrey A. Brunoehler (Age 62)
    Sr. VP & Chief Credit Officer of Midland States Bank
  • Mr. Danny L. Stevenson CFA
    Sr. VP of Banking













MSBI Stock - Frequently Asked Questions

Should I buy or sell Midland States Bancorp stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Midland States Bancorp in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" MSBI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MSBI, but not buy additional shares or sell existing shares.
View MSBI analyst ratings
or view top-rated stocks.

What is Midland States Bancorp's stock price forecast for 2023?

2 brokerages have issued 12-month price targets for Midland States Bancorp's shares. Their MSBI share price forecasts range from $25.00 to $26.00. On average, they predict the company's stock price to reach $25.33 in the next twelve months. This suggests a possible upside of 23.1% from the stock's current price.
View analysts price targets for MSBI
or view top-rated stocks among Wall Street analysts.

How have MSBI shares performed in 2023?

Midland States Bancorp's stock was trading at $26.62 at the start of the year. Since then, MSBI shares have decreased by 22.7% and is now trading at $20.58.
View the best growth stocks for 2023 here
.

When is Midland States Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 19th 2023.
View our MSBI earnings forecast
.

How were Midland States Bancorp's earnings last quarter?

Midland States Bancorp, Inc. (NASDAQ:MSBI) announced its earnings results on Thursday, July, 27th. The financial services provider reported $0.87 earnings per share for the quarter, topping analysts' consensus estimates of $0.83 by $0.04. The financial services provider earned $77.59 million during the quarter, compared to analyst estimates of $77.30 million. Midland States Bancorp had a trailing twelve-month return on equity of 13.81% and a net margin of 22.17%.

How often does Midland States Bancorp pay dividends? What is the dividend yield for Midland States Bancorp?

Midland States Bancorp declared a quarterly dividend on Tuesday, August 1st. Investors of record on Friday, August 11th will be paid a dividend of $0.30 per share on Friday, August 18th. This represents a $1.20 dividend on an annualized basis and a yield of 5.83%. The ex-dividend date of this dividend is Thursday, August 10th.
Read our dividend analysis for MSBI
.

What ETF holds Midland States Bancorp's stock ?

First Trust Dow Jones Select Microcap Index Fund holds 59,077 shares of MSBI stock, representing 0.86% of its portfolio.

Is Midland States Bancorp a good dividend stock?

Midland States Bancorp (NASDAQ:MSBI) pays an annual dividend of $1.20 per share and currently has a dividend yield of 5.73%. MSBI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 29.56%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MSBI will have a dividend payout ratio of 40.96% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MSBI.

What is Jeffrey Ludwig's approval rating as Midland States Bancorp's CEO?

23 employees have rated Midland States Bancorp Chief Executive Officer Jeffrey Ludwig on Glassdoor.com. Jeffrey Ludwig has an approval rating of 94% among the company's employees. This puts Jeffrey Ludwig in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Midland States Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Midland States Bancorp investors own include Boeing (BA), NVIDIA (NVDA), Main Street Capital (MAIN), Mastercard (MA), Overstock.com (OSTK), Pure Storage (PSTG), QUALCOMM (QCOM), Twilio (TWLO), Exxon Mobil (XOM) and Eldorado Resorts (ERI).

When did Midland States Bancorp IPO?

(MSBI) raised $101 million in an initial public offering on Tuesday, May 24th 2016. The company issued 3,900,000 shares at $25.00-$27.00 per share. Sandler O'Neill + Partners and Keefe, Bruyette & Woods (A Stifel Company) served as the underwriters for the IPO and D. A. Davidson and Stephens were co-managers.

What is Midland States Bancorp's stock symbol?

Midland States Bancorp trades on the NASDAQ under the ticker symbol "MSBI."

Who are Midland States Bancorp's major shareholders?

Midland States Bancorp's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (13.86%), Dimensional Fund Advisors LP (6.07%), FJ Capital Management LLC (6.04%), State Street Corp (2.89%), LSV Asset Management (2.25%) and Geode Capital Management LLC (2.02%). Insiders that own company stock include Donald J Spring, Douglas J Tucker, Eric Lemke, Jeffrey A Brunoehler, Jeffrey C Smith, Jeffrey C Smith, Jeffrey G Ludwig, Jeffrey S Mefford, Jerry L Mcdaniel, Richard Dean Bingham and Robert F Schultz.
View institutional ownership trends
.

How do I buy shares of Midland States Bancorp?

Shares of MSBI stock 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.
Compare Top Brokerages Here.

What is Midland States Bancorp's stock price today?

One share of MSBI stock can currently be purchased for approximately $20.58.

How much money does Midland States Bancorp make?

Midland States Bancorp (NASDAQ:MSBI) has a market capitalization of $448.56 million and generates $326.37 million in revenue each year. The financial services provider earns $99.03 million in net income (profit) each year or $4.06 on an earnings per share basis.

How many employees does Midland States Bancorp have?

The company employs 915 workers across the globe.

How can I contact Midland States Bancorp?

Midland States Bancorp's mailing address is 1201 NETWORK CENTRE DRIVE, EFFINGHAM IL, 62401. The official website for the company is www.midlandsb.com. The financial services provider can be reached via phone at (217) 342-7321, via email at dtucker@midlandsb.com, or via fax at 217-342-9449.

This page (NASDAQ:MSBI) was last updated on 9/28/2023 by MarketBeat.com Staff

My Account -