NASDAQ:MSBIMidland States Bancorp Stock Price, Forecast & News

Midland States Bancorp's stock was trading at $19.50 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MSBI shares have decreased by 26.5% and is now trading at $14.34. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Midland States Bancorp in the last year. There are currently 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Midland States Bancorp.

Midland States Bancorp is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Midland States Bancorp.

Midland States Bancorp will be holding an earnings conference call on Thursday, July 23rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Midland States Bancorp Inc (NASDAQ:MSBI) announced its earnings results on Thursday, April, 23rd. The financial services provider reported $0.06 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.55 by $0.49. The financial services provider earned $55.25 million during the quarter, compared to analyst estimates of $65.76 million. Midland States Bancorp had a net margin of 12.65% and a return on equity of 7.45%. View Midland States Bancorp's earnings history.

Midland States Bancorp declared a quarterly dividend on Tuesday, May 5th. Investors of record on Friday, May 15th will be given a dividend of $0.268 per share on Friday, May 22nd. This represents a $1.07 dividend on an annualized basis and a dividend yield of 7.48%. The ex-dividend date of this dividend is Thursday, May 14th. View Midland States Bancorp's dividend history.

4 brokerages have issued 12-month price objectives for Midland States Bancorp's shares. Their forecasts range from $15.50 to $22.00. On average, they expect Midland States Bancorp's stock price to reach $18.75 in the next year. This suggests a possible upside of 30.8% from the stock's current price. View analysts' price targets for Midland States Bancorp.

Media coverage about MSBI stock has been trending negative recently, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Midland States Bancorp earned a daily sentiment score of -2.0 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next several days. View the latest news about Midland States Bancorp.

Midland States Bancorp saw a decline in short interest in the month of June. As of June 15th, there was short interest totaling 596,300 shares, a decline of 14.4% from the May 31st total of 696,300 shares. Based on an average trading volume of 151,000 shares, the days-to-cover ratio is currently 3.9 days. Approximately 2.8% of the shares of the stock are sold short. View Midland States Bancorp's Current Options Chain.

Some companies that are related to Midland States Bancorp include Banner (BANR), Pacific Premier Bancorp (PPBI), First Bancorp (FBP), Lakeland Financial (LKFN), Heartland Financial USA (HTLF), Seacoast Banking Co. of Florida (SBCF), Eagle Bancorp (EGBN), First Busey (BUSE), S & T Bancorp (STBA), 1st Source (SRCE), Southside Bancshares (SBSI), Oritani Financial (ORIT), TriCo Bancshares (TCBK), Stock Yards Bancorp (SYBT) and Veritex (VBTX). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Midland States Bancorp investors own include AbbVie (ABBV), Exxon Mobil (XOM), Walgreens Boots Alliance (WBA), CVS Health (CVS), Dominion Energy (D), Eastman Chemical (EMN), Alphabet (GOOG), Netflix (NFLX), Pattern Energy Group (PEGI) and AT&T (T).

(MSBI) raised $101 million in an initial public offering (IPO) 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) acted 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."

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, Robinhood, Fidelity, and Charles Schwab.

One share of MSBI stock can currently be purchased for approximately $14.34.

Midland States Bancorp has a market capitalization of $332.73 million and generates $324.80 million in revenue each year. The financial services provider earns $55.78 million in net income (profit) each year or $2.26 on an earnings per share basis. Midland States Bancorp employs 1,100 workers across the globe.

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

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]