Midland States Bancorp Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Midland States Bancorp in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Midland States Bancorp stock.
View analyst ratings for Midland States Bancorp or view top-rated stocks.

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Midland States Bancorp saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 249,200 shares, an increase of 45.6% from the August 15th total of 171,100 shares. Based on an average daily volume of 75,500 shares, the days-to-cover ratio is presently 3.3 days. Approximately 1.2% of the shares of the company are short sold.
View Midland States Bancorp's Short Interest.

Midland States Bancorp is scheduled to release its next quarterly earnings announcement on Thursday, October 28th 2021.
View our earnings forecast for Midland States Bancorp.

Midland States Bancorp, Inc. (NASDAQ:MSBI) posted its earnings results on Wednesday, July, 21st. The financial services provider reported $0.59 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.06 by $0.47. The financial services provider had revenue of $67.53 million for the quarter, compared to the consensus estimate of $67.90 million. Midland States Bancorp had a trailing twelve-month return on equity of 9.94% and a net margin of 15.31%.
View Midland States Bancorp's earnings history.

Midland States Bancorp's stock was trading at $19.50 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MSBI stock has increased by 20.3% and is now trading at $23.45.
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Midland States Bancorp announced a quarterly dividend on Wednesday, August 4th. Investors of record on Friday, August 13th will be given a dividend of $0.28 per share on Friday, August 20th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 4.78%. The ex-dividend date of this dividend is Thursday, August 12th.
View Midland States Bancorp's dividend history.

Midland States Bancorp pays an annual dividend of $1.12 per share and currently has a dividend yield of 4.72%. MSBI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Midland States Bancorp is 65.12%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Midland States Bancorp will have a dividend payout ratio of 36.84% next year. This indicates that Midland States Bancorp will be able to sustain or increase its dividend.
View Midland States Bancorp's dividend history.

1 brokers have issued 1 year target prices for Midland States Bancorp's shares. Their forecasts range from $28.00 to $28.00. On average, they anticipate Midland States Bancorp's share price to reach $28.00 in the next twelve months. This suggests a possible upside of 19.4% from the stock's current price.
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23 employees have rated Midland States Bancorp CEO Jeffrey Ludwig on Glassdoor.com. Jeffrey Ludwig has an approval rating of 94% among Midland States Bancorp's employees. This puts Jeffrey Ludwig in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Midland States Bancorp include Triumph Bancorp (TBK), Heartland Financial USA (HTLF), FB Financial (FBK), Renasant (RNST), Banner (BANR), Great Western Bancorp (GWB), Veritex (VBTX), Eagle Bancorp (EGBN), Seacoast Banking Co. of Florida (SBCF), Enterprise Financial Services (EFSC), Lakeland Financial (LKFN), Stock Yards Bancorp (SYBT), First Busey (BUSE), Customers Bancorp (CUBI) and TriCo Bancshares (TCBK).
View all of MSBI's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Midland States Bancorp investors own include The 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).

(MSBI) raised $101 million in an IPO on Tuesday, May 24th 2016. The company issued 3,900,000 shares at a price of $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.

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

Midland States Bancorp's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.61%), FJ Capital Management LLC (5.67%), Vanguard Group Inc. (4.82%), Dimensional Fund Advisors LP (4.80%), State Street Corp (3.29%) and LSV Asset Management (3.17%). Company insiders that own Midland States Bancorp stock include Donald J Spring, Douglas J Tucker, Eric Lemke, Jeffrey A Brunoehler, Jeffrey C Smith, Jeffrey G Ludwig, Jeffrey M Mcdonnell, Jeffrey S Mefford, Jerry L Mcdaniel, John M Schultz and Leon J Holschbach.
View institutional ownership trends for Midland States Bancorp.

MSBI stock was sold by a variety of institutional investors in the last quarter, including Bessemer Group Inc., BlackRock Inc., JPMorgan Chase & Co., California Public Employees Retirement System, Bank of America Corp DE, Sei Investments Co., Goldman Sachs Group Inc., and Prudential Financial Inc.. Company insiders that have sold Midland States Bancorp company stock in the last year include Donald J Spring, Douglas J Tucker, Eric Lemke, Jeffrey A Brunoehler, Jeffrey G Ludwig, and Jeffrey S Mefford.
View insider buying and selling activity for Midland States Bancorp or view top insider-selling stocks.

MSBI stock was purchased by a variety of institutional investors in the last quarter, including Kennedy Capital Management Inc., LSV Asset Management, State Street Corp, Morgan Stanley, Morgan Stanley, Vanguard Group Inc., Dimensional Fund Advisors LP, and Renaissance Technologies LLC. Company insiders that have bought Midland States Bancorp stock in the last two years include Donald J Spring, Douglas J Tucker, Jeffrey C Smith, Jeffrey G Ludwig, Jeffrey M Mcdonnell, and John M Schultz.
View insider buying and selling activity for Midland States Bancorp or or view top insider-buying stocks.

Shares of MSBI 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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One share of MSBI stock can currently be purchased for approximately $23.45.

Midland States Bancorp has a market capitalization of $525.16 million and generates $306.14 million in revenue each year. The financial services provider earns $22.54 million in net income (profit) each year or $1.72 on an earnings per share basis.

Midland States Bancorp employs 884 workers across the globe.

The official website for Midland States Bancorp is www.midlandsb.com.

Midland States Bancorp is headquartered at 1201 NETWORK CENTRE DRIVE, EFFINGHAM IL, 62401.

Midland States Bancorp's mailing address is 1201 NETWORK CENTRE DRIVE, EFFINGHAM IL, 62401. The financial services provider can be reached via phone at (217) 342-7321 or via email at [email protected]