NASDAQ:MSBI - Midland States Bancorp Stock Price, News & Analysis

$25.32
-1.13 (-4.27 %)
(As of 08/23/2019 04:00 PM ET)
Today's Range
$25.24
Now: $25.32
$26.45
50-Day Range
$25.18
MA: $26.11
$27.26
52-Week Range
$19.56
Now: $25.32
$35.28
Volume52,033 shs
Average Volume60,898 shs
Market Capitalization$616.87 million
P/E Ratio12.41
Dividend Yield3.67%
Beta1.35
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, Commercial FHA Origination and Servicing, Wealth Management, and Other segments. The company accepts various deposits, such as checking, savings, money market, and sweep accounts, as well as certificates of deposit, noninterest-bearing and interest-bearing demand deposits, and time deposits. Read More…

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:MSBI
CUSIPN/A
Phone217-342-7321

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$295.36 million
Cash Flow$2.8546 per share
Book Value$26.15 per share

Profitability

Net Income$39.42 million

Miscellaneous

Employees1,100
Market Cap$616.87 million
Next Earnings Date10/24/2019 (Estimated)
OptionableNot Optionable

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Midland States Bancorp (NASDAQ:MSBI) Frequently Asked Questions

What is Midland States Bancorp's stock symbol?

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

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 Tuesday, August 6th. Stockholders of record on Friday, August 16th will be paid a dividend of $0.243 per share on Friday, August 23rd. This represents a $0.97 dividend on an annualized basis and a dividend yield of 3.84%. The ex-dividend date is Thursday, August 15th. View Midland States Bancorp's Dividend History.

How were Midland States Bancorp's earnings last quarter?

Midland States Bancorp Inc (NASDAQ:MSBI) announced its quarterly earnings results on Thursday, July, 25th. The financial services provider reported $0.66 EPS for the quarter, topping the Zacks' consensus estimate of $0.64 by $0.02. The financial services provider had revenue of $65.66 million for the quarter, compared to the consensus estimate of $64.90 million. Midland States Bancorp had a net margin of 17.52% and a return on equity of 10.14%. View Midland States Bancorp's Earnings History.

When is Midland States Bancorp's next earnings date?

Midland States Bancorp is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for Midland States Bancorp.

What price target have analysts set for MSBI?

1 Wall Street analysts have issued 12-month price objectives for Midland States Bancorp's stock. Their predictions range from $27.00 to $27.00. On average, they anticipate Midland States Bancorp's share price to reach $27.00 in the next year. This suggests a possible upside of 6.6% from the stock's current price. View Analyst Price Targets for Midland States Bancorp.

What is the consensus analysts' recommendation for Midland States Bancorp?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Midland States Bancorp in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Midland States Bancorp.

Has Midland States Bancorp been receiving favorable news coverage?

News headlines about MSBI stock have trended positive on Friday, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Midland States Bancorp earned a news sentiment score of 2.5 on InfoTrie's scale. They also assigned news articles about the financial services provider a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the company's share price in the next several days. View News Stories for Midland States Bancorp.

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 Alphabet (GOOG), Netflix (NFLX), AbbVie (ABBV), Walgreens Boots Alliance (WBA), Alibaba Group (BABA), Caterpillar (CAT), CVS Health (CVS), Ford Motor (F), Home Depot (HD) and Weyerhaeuser (WY).

Who are Midland States Bancorp's key executives?

Midland States Bancorp's management team includes the folowing people:
  • Mr. Jeffrey G. Ludwig CPA, Pres, CEO & Director (Age 47)
  • Mr. Stephen A. Erickson, Chief Financial Officer (Age 49)
  • Mr. Douglas J. Tucker, Sr. VP, Corp. Counsel & Sec. (Age 60)
  • Mr. Jeffrey S. Mefford, Exec. VP (Age 54)
  • Mr. Aaron Rios, Director of Operations

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.

Who are Midland States Bancorp's major shareholders?

Midland States Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.06%), Vanguard Group Inc. (3.79%), Wells Fargo & Company MN (1.44%), Northern Trust Corp (1.07%), Bank of America Corp DE (1.06%) and Pacific Ridge Capital Partners LLC (0.83%). Company insiders that own Midland States Bancorp stock include Douglas J Tucker, Jeffrey A Brunoehler, Jeffrey G Ludwig, Jeffrey M Mcdonnell, Jeffrey S Mefford, Jerry L Mcdaniel, John M Schultz, Leon J Holschbach, R Robert Funderburg Jr, R Robert Funderburg, Jr, Robert F Schultz, Sharon A Schaubert and Stephen A Erickson. 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 Hennessy Advisors Inc., Bank of America Corp DE, Associated Banc Corp, First Trust Advisors LP, Pacific Ridge Capital Partners LLC, Morgan Stanley, BNP Paribas Arbitrage SA and Invesco Ltd.. Company insiders that have sold Midland States Bancorp company stock in the last year include Jeffrey A Brunoehler, Jerry L Mcdaniel, John M Schultz, Leon J Holschbach, R Robert Funderburg Jr, R Robert Funderburg, Jr, Sharon A Schaubert and Stephen A Erickson. View Insider Buying and Selling for Midland States Bancorp.

Which institutional investors are buying Midland States Bancorp stock?

MSBI stock was purchased by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, LSV Asset Management, BlackRock Inc., Nuveen Asset Management LLC, Renaissance Technologies LLC, Maltese Capital Management LLC, Strs Ohio and Municipal Employees Retirement System of Michigan. Company insiders that have bought Midland States Bancorp stock in the last two years include Douglas J Tucker, Jeffrey M Mcdonnell, Robert F Schultz and Sharon A Schaubert. View Insider Buying and Selling for Midland States Bancorp.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Midland States Bancorp's stock price today?

One share of MSBI stock can currently be purchased for approximately $25.32.

How big of a company is Midland States Bancorp?

Midland States Bancorp has a market capitalization of $616.87 million and generates $295.36 million in revenue each year. The financial services provider earns $39.42 million in net income (profit) each year or $2.04 on an earnings per share basis. Midland States Bancorp employs 1,100 workers across the globe.View Additional Information About Midland States Bancorp.

What is Midland States Bancorp's official website?

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

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]


MarketBeat Community Rating for Midland States Bancorp (NASDAQ MSBI)

Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  134 (Vote Outperform)
Underperform Votes:  262 (Vote Underperform)
Total Votes:  396
MarketBeat's community ratings are surveys of what our community members think about Midland States Bancorp and other stocks. Vote "Outperform" if you believe MSBI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MSBI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/23/2019 by MarketBeat.com Staff

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