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

Midland States Bancorp's stock was trading at $19.50 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MSBI stock has decreased by 10.3% and is now trading at $17.49. View which stocks have been mosted impacted by Coronavirus.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Midland States Bancorp in the last year. There are currently 1 hold rating 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, April 23rd 2020. View our earnings forecast for Midland States Bancorp.

Midland States Bancorp Inc (NASDAQ:MSBI) posted its quarterly earnings results on Thursday, January, 23rd. The financial services provider reported $0.51 EPS for the quarter, missing analysts' consensus estimates of $0.59 by $0.08. The financial services provider earned $67.70 million during the quarter. Midland States Bancorp had a return on equity of 9.23% and a net margin of 17.16%. View Midland States Bancorp's earnings history.

Midland States Bancorp announced a quarterly dividend on Tuesday, February 4th. Shareholders of record on Friday, February 14th will be paid a dividend of $0.268 per share on Friday, February 21st. This represents a $1.07 annualized dividend and a dividend yield of 6.13%. The ex-dividend date is Thursday, February 13th. This is a positive change from Midland States Bancorp's previous quarterly dividend of $0.24. View Midland States Bancorp's dividend history.

Media stories about MSBI stock have trended very negative on Wednesday, InfoTrie Sentiment reports. The research group ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Midland States Bancorp earned a news sentiment score of -3.0 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days. View the latest news aboutMidland States Bancorp.

Midland States Bancorp saw a increase in short interest in February. As of February 28th, there was short interest totaling 317,700 shares, an increase of 30.6% from the February 13th total of 243,300 shares. Based on an average daily volume of 64,600 shares, the short-interest ratio is presently 4.9 days. Currently, 1.5% of the company's stock are sold short. View Midland States Bancorp's Current Options Chain.

Some companies that are related to Midland States Bancorp include International Bancshares (IBOC), Ameris Bancorp (ABCB), ServisFirst Bancshares (SFBS), United Community Banks (UCBI), Hilltop (HTH), TowneBank (TOWN), Renasant (RNST), Banner (BANR), First Bancorp (FBP), Great Western Bancorp (GWB), Texas Capital Bancshares (TCBI), Heartland Financial USA (HTLF), Pacific Premier Bancorp (PPBI), S & T Bancorp (STBA) and Southside Bancshares (SBSI).

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

(MSBI) raised $101 million in an 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) 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."

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 $17.49.

Midland States Bancorp has a market capitalization of $425.02 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. View additional information about Midland States Bancorp.

The official website for Midland States Bancorp is http://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]