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 29.8% and is now trading at $13.69. View which stocks have been most impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Midland States Bancorp in the last year. There are currently 3 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) posted its quarterly earnings results on Thursday, April, 23rd. The financial services provider reported $0.06 EPS for the quarter, missing the consensus estimate of $0.55 by $0.49. The financial services provider had revenue of $55.25 million for the quarter, compared to analyst estimates of $65.76 million. Midland States Bancorp had a return on equity of 7.45% and a net margin of 12.65%. View Midland States Bancorp's earnings history.

Midland States Bancorp announced a quarterly dividend on Tuesday, May 5th. Stockholders 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 7.83%. The ex-dividend date of this dividend is Thursday, May 14th. View Midland States Bancorp's dividend history.

3 analysts have issued 1 year price objectives for Midland States Bancorp's shares. Their forecasts range from $22.00 to $22.00. On average, they expect Midland States Bancorp's share price to reach $22.00 in the next year. This suggests a possible upside of 60.7% from the stock's current price. View analysts' price targets for Midland States Bancorp.

Headlines about MSBI stock have trended negative recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive 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 nearest to five being the most favorable. Midland States Bancorp earned a daily sentiment score of -2.1 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news about Midland States Bancorp.

Midland States Bancorp saw a decrease in short interest in June. As of June 15th, there was short interest totaling 596,300 shares, a decrease of 14.4% from the May 31st total of 696,300 shares. Based on an average daily volume of 151,000 shares, the days-to-cover ratio is presently 3.9 days. Approximately 2.8% 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 Renasant (RNST), TowneBank (TOWN), Banner (BANR), First Bancorp (FBP), Pacific Premier Bancorp (PPBI), Heartland Financial USA (HTLF), Lakeland Financial (LKFN), Seacoast Banking Co. of Florida (SBCF), Eagle Bancorp (EGBN), First Busey (BUSE), 1st Source (SRCE), TriCo Bancshares (TCBK), S & T Bancorp (STBA), Southside Bancshares (SBSI) and Stock Yards Bancorp (SYBT). 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 $13.69.

Midland States Bancorp has a market capitalization of $317.65 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]