NASDAQ:MSBI

Midland States Bancorp Stock Forecast, Price & News

$23.45
-0.30 (-1.26 %)
(As of 09/16/2021 12:00 AM ET)
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Today's Range
$23.41
$24.76
50-Day Range
$23.75
$25.95
52-Week Range
$12.48
$30.32
Volume128,961 shs
Average Volume83,777 shs
Market Capitalization$525.16 million
P/E Ratio11.44
Dividend Yield4.72%
Beta1.1
30 days | 90 days | 365 days | Advanced Chart
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Midland States Bancorp logo

About Midland States Bancorp

Midland States Bancorp, Inc. is a bank holding company, which engages in the provision of commercial and consumer banking products and services. It operates through the following segments: Banking, Wealth Management, and Other. The Banking segment offers financial products and services such as loans, mortgage loan sales and servicing, letters of credit, deposit products, merchant services, and corporate treasury management services. The Wealth Management segment consists trust and fiduciary services, brokerage, and retirement planning services. The Other segment comprises operating results of the parent company, captive insurance business unit, and the elimination of intercompany transactions. The company was founded in 1988 and is headquartered in Effingham, IL.

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Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

2.68 out of 5 stars

Finance Sector

128th out of 1,329 stocks

State Commercial Banks Industry

24th out of 230 stocks

Analyst Opinion: 2.5Community Rank: 3.2Dividend Strength: 3.3Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -
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Midland States Bancorp (NASDAQ:MSBI) Frequently Asked Questions

Is Midland States Bancorp a buy right now?

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.

What stocks does MarketBeat like better than Midland States Bancorp?

Wall Street analysts have given Midland States Bancorp a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Midland States Bancorp wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Midland States Bancorp?

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
.

When is Midland States Bancorp's next earnings date?

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
.

How were Midland States Bancorp's earnings last quarter?

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
.

How has Midland States Bancorp's stock been impacted by COVID-19?

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.
View which stocks have been most impacted by COVID-19
.

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

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
.

Is Midland States Bancorp a good dividend stock?

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.

What price target have analysts set for MSBI?

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.
View analysts' price targets for Midland States Bancorp
or view top-rated stocks among Wall Street analysts.

Who are Midland States Bancorp's key executives?

Midland States Bancorp's management team includes the following people:
  • Jeffrey G. Ludwig, President, Chief Executive Officer & Director
  • Eric T. Lemke, Chief Financial Officer
  • Jeffrey S. Mefford, Executive Vice President
  • Douglas J. Tucker, Secretary, SVP, Corporate Counsel & Director-IR
  • Donald J. Spring, Chief Accounting Officer

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

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.

Who are some of Midland States Bancorp's key competitors?

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 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).

When did Midland States Bancorp IPO?

(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.

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 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
.

Which institutional investors are selling Midland States Bancorp stock?

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.

Which institutional investors are buying Midland States Bancorp stock?

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.

How do I buy shares of Midland States Bancorp?

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.
Compare Top Brokerages Here.

What is Midland States Bancorp's stock price today?

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

How much money does Midland States Bancorp make?

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.

How many employees does Midland States Bancorp have?

Midland States Bancorp employs 884 workers across the globe.

What is Midland States Bancorp's official website?

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

Where are Midland States Bancorp's headquarters?

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

How can I contact Midland States Bancorp?

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]


This page was last updated on 9/16/2021 by MarketBeat.com Staff
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