S&P 500   4,662.85
DOW   35,911.81
QQQ   380.01
S&P 500   4,662.85
DOW   35,911.81
QQQ   380.01
S&P 500   4,662.85
DOW   35,911.81
QQQ   380.01
S&P 500   4,662.85
DOW   35,911.81
QQQ   380.01
NASDAQ:MSBI

Midland States Bancorp Stock Forecast, Price & News

$27.37
+0.17 (+0.63%)
(As of 01/14/2022 12:00 AM ET)
Add
Compare
Today's Range
$26.90
$27.47
50-Day Range
$23.66
$27.37
52-Week Range
$18.02
$30.32
Volume
92,100 shs
Average Volume
86,700 shs
Market Capitalization
$602.58 million
P/E Ratio
9.41
Dividend Yield
4.09%
Beta
1.04
30 days | 90 days | 365 days | Advanced Chart
Receive MSBI 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.


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.

Headlines

Midland States Bancorp(MSBI)
January 15, 2022 |  fool.com
See More Headlines

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:MSBI
Employees
884
Year Founded
N/A

Sales & Book Value

Annual Sales
$306.14 million
Cash Flow
$2.81 per share
Book Value
$27.65 per share

Profitability

Net Income
$22.54 million
Pretax Margin
26.26%

Debt

Price-To-Earnings

Miscellaneous

Free Float
20,739,000
Market Cap
$602.58 million
Optionable
Not Optionable

Company Calendar

Last Earnings
10/28/2021
Ex-Dividend for 11/29 Dividend
11/19/2021
Dividend Payable
11/29/2021
Today
1/17/2022
Next Earnings (Confirmed)
1/27/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.55 out of 5 stars

Finance Sector

224th out of 1,329 stocks

State Commercial Banks Industry

34th out of 230 stocks

Analyst Opinion: 1.0Community Rank: 3.2Dividend Strength: 4.2Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -












Midland States Bancorp (NASDAQ:MSBI) Frequently Asked Questions

Is Midland States Bancorp a buy right now?

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

How has Midland States Bancorp's stock price 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. Since then, MSBI shares have increased by 40.4% and is now trading at $27.37.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Midland States Bancorp?

Midland States Bancorp saw a decrease in short interest in the month of December. As of December 31st, there was short interest totaling 124,800 shares, a decrease of 26.0% from the December 15th total of 168,700 shares. Based on an average trading volume of 76,000 shares, the short-interest ratio is currently 1.6 days. Approximately 0.6% of the company's shares are sold short.
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, January 27th 2022.
View our earnings forecast for Midland States Bancorp
.

How can I listen to Midland States Bancorp's earnings call?

Midland States Bancorp will be holding an earnings conference call on Friday, January 28th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 855-859-2056 with passcode "8339225".

How were Midland States Bancorp's earnings last quarter?

Midland States Bancorp, Inc. (NASDAQ:MSBI) posted its quarterly earnings data on Thursday, October, 28th. The financial services provider reported $0.86 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.84 by $0.02. The financial services provider earned $66.54 million during the quarter, compared to the consensus estimate of $69.40 million. Midland States Bancorp had a net margin of 22.05% and a trailing twelve-month return on equity of 10.98%.
View Midland States Bancorp's earnings history
.

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 Monday, November 1st. Investors of record on Monday, November 22nd will be paid a dividend of $0.28 per share on Monday, November 29th. This represents a $1.12 annualized dividend and a yield of 4.09%. The ex-dividend date of this dividend is Friday, November 19th.
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 4.09%. MSBI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Midland States Bancorp has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Midland States Bancorp is 38.49%. 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 35.44% 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 brokerages have issued 1-year target prices for Midland States Bancorp's stock. 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 year. This suggests a possible upside of 2.3% 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 (LinkedIn Profile)
  • Jeffrey S. Mefford, Executive Vice President
  • Douglas J. Tucker, Secretary, SVP, Corporate Counsel & Director-IR
  • James R. Stewart, Chief Risk Officer & Senior Vice President

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.

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 (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 number of retail and institutional investors. Top institutional investors include Valeo Financial Advisors LLC (0.20%). 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 and John M Schultz.
View institutional ownership trends for Midland States Bancorp
.

Which major investors are buying Midland States Bancorp stock?

MSBI stock was acquired by a variety of institutional investors in the last quarter, including Valeo Financial Advisors 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 $27.37.

How much money does Midland States Bancorp make?

Midland States Bancorp has a market capitalization of $602.58 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 $2.91 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, via email at [email protected], or via fax at 217-342-9449.


This page was last updated on 1/17/2022 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.