Metropolitan Bank Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Metropolitan Bank in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Metropolitan Bank stock.
View analyst ratings for Metropolitan Bank or view top-rated stocks.

Wall Street analysts have given Metropolitan Bank a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Metropolitan Bank wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Metropolitan Bank saw a decline in short interest in the month of February. As of February 26th, there was short interest totaling 90,800 shares, a decline of 24.6% from the February 11th total of 120,400 shares. Based on an average daily trading volume, of 57,800 shares, the days-to-cover ratio is presently 1.6 days. Currently, 1.2% of the shares of the stock are short sold.
View Metropolitan Bank's Short Interest.

Metropolitan Bank is scheduled to release its next quarterly earnings announcement on Monday, April 19th 2021.
View our earnings forecast for Metropolitan Bank.

Metropolitan Bank Holding Corp. (NYSE:MCB) issued its quarterly earnings results on Wednesday, January, 20th. The company reported $1.39 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.17 by $0.22. The firm had revenue of $36.84 million for the quarter, compared to analyst estimates of $37.17 million. Metropolitan Bank had a net margin of 22.33% and a trailing twelve-month return on equity of 11.35%.
View Metropolitan Bank's earnings history.

Metropolitan Bank's stock was trading at $34.99 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MCB shares have increased by 56.3% and is now trading at $54.70.
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2 analysts have issued 1-year price targets for Metropolitan Bank's stock. Their forecasts range from $40.00 to $50.00. On average, they expect Metropolitan Bank's share price to reach $45.00 in the next twelve months. This suggests that the stock has a possible downside of 17.7%.
View analysts' price targets for Metropolitan Bank or view top-rated stocks among Wall Street analysts.

Some companies that are related to Metropolitan Bank include Lakeland Financial (LKFN), Great Western Bancorp (GWB), Eagle Bancorp (EGBN), Veritex (VBTX), Enterprise Financial Services (EFSC), TriCo Bancshares (TCBK), First Busey (BUSE), S&T Bancorp (STBA), Southside Bancshares (SBSI), First Bancorp (FBNC), 1st Source (SRCE), Premier Financial (PFC), German American Bancorp (GABC), OFG Bancorp (OFG) and Tompkins Financial (TMP).
View all of MCB's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Metropolitan Bank investors own include Enbridge (ENB), Omega Healthcare Investors (OHI), Royal Bank of Canada (RY), The Southern (SO), Wells Fargo & Company (WFC), Preferred Apartment Communities (APTS), BCE (BCE), Coca-Cola European Partners (CCEP), Cognex (CGNX) and Church & Dwight (CHD).

(MCB) raised $101 million in an initial public offering (IPO) on Wednesday, November 8th 2017. The company issued 3,100,000 shares at a price of $31.00-$34.00 per share. J.P Morgan and Keefe, Bruyette & Woods (A Stifel Company) acted as the underwriters for the IPO and Piper Jaffray was co-manager.

Metropolitan Bank trades on the New York Stock Exchange (NYSE) under the ticker symbol "MCB."

Metropolitan Bank's stock is owned by many different institutional and retail investors. Top institutional shareholders include Wedge Capital Management L L P NC (1.57%). Company insiders that own Metropolitan Bank stock include David M Gavrin, Gerard A Perri, Harvey Gutman, Mark R Defazio, Michael A Guarino and Robert C Patent.
View institutional ownership trends for Metropolitan Bank.

MCB stock was bought by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC. Company insiders that have bought Metropolitan Bank stock in the last two years include David M Gavrin, Gerard A Perri, and Harvey Gutman.
View insider buying and selling activity for Metropolitan Bank or or view top insider-buying stocks.

Shares of MCB 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.
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One share of MCB stock can currently be purchased for approximately $54.70.

Metropolitan Bank has a market capitalization of $456.47 million and generates $140.41 million in revenue each year. The company earns $29.69 million in net income (profit) each year or $3.56 on an earnings per share basis.

Metropolitan Bank employs 189 workers across the globe.

The official website for Metropolitan Bank is www.metropolitanbankny.com.

Metropolitan Bank is headquartered at 99 PARK AVENUE, NEW YORK NY, 10016.

Metropolitan Bank's mailing address is 99 PARK AVENUE, NEW YORK NY, 10016. The company can be reached via phone at 212-659-0600 or via email at [email protected]