Should I buy or sell Merchants Bancorp stock right now?

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

What is Merchants Bancorp's stock price target for 2024?

2 brokers have issued 1 year price objectives for Merchants Bancorp's shares. Their MBIN share price targets range from $38.00 to $55.00. On average, they expect the company's stock price to reach $46.50 in the next year. This suggests a possible upside of 25.5% from the stock's current price. View analysts price targets for MBIN or view top-rated stocks among Wall Street analysts .

How have MBIN shares performed in 2024?

Merchants Bancorp's stock was trading at $42.58 on January 1st, 2024. Since then, MBIN stock has decreased by 13.0% and is now trading at $37.04. View the best growth stocks for 2024 here .

Are investors shorting Merchants Bancorp?

Merchants Bancorp saw a increase in short interest in March. As of March 31st, there was short interest totaling 325,700 shares, an increase of 30.2% from the March 15th total of 250,200 shares. Based on an average trading volume of 121,400 shares, the days-to-cover ratio is presently 2.7 days. Approximately 2.0% of the company's shares are short sold. View Merchants Bancorp's Short Interest .

When is Merchants Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024. View our MBIN earnings forecast .

How were Merchants Bancorp's earnings last quarter?

Merchants Bancorp (NASDAQ:MBIN) issued its quarterly earnings data on Monday, January, 29th. The company reported $1.58 EPS for the quarter, topping the consensus estimate of $1.44 by $0.14. The company earned $346.21 million during the quarter, compared to the consensus estimate of $142.65 million. Merchants Bancorp had a net margin of 23.42% and a trailing twelve-month return on equity of 25.38%.

How often does Merchants Bancorp pay dividends? What is the dividend yield for Merchants Bancorp?

Merchants Bancorp declared a quarterly dividend on Wednesday, February 14th. Shareholders of record on Friday, March 15th will be given a dividend of $0.09 per share on Monday, April 1st. This represents a $0.36 dividend on an annualized basis and a yield of 0.97%. The ex-dividend date is Thursday, March 14th. This is a positive change from the stock's previous quarterly dividend of $0.08. Read our dividend analysis for MBIN .

Is Merchants Bancorp a good dividend stock?

Merchants Bancorp (NASDAQ:MBIN) pays an annual dividend of $0.36 per share and currently has a dividend yield of 0.94%. The company has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 6.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MBIN will have a dividend payout ratio of 6.33% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MBIN .

What ETFs hold Merchants Bancorp's stock?

ETFs with the largest weight of Merchants Bancorp (NASDAQ:MBIN) stock in their portfolio include First Trust NASDAQ ABA Community Bank Index Fund (QABA) and First Trust Small Cap Value AlphaDEX Fund (FYT) . iShares US Small Cap Value Factor ETF (SVAL) .

When did Merchants Bancorp's stock split?

Merchants Bancorp shares split before market open on Tuesday, January 18th 2022. The 3-2 split was announced on Tuesday, January 18th 2022. The newly minted shares were payable to shareholders after the market closes on Tuesday, January 18th 2022. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

What other stocks do shareholders of Merchants Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Merchants Bancorp investors own include Intelsat (I) , AMC Entertainment (AMC) , Bank of America (BAC) , Fossil Group (FOSL) , China Unicom (Hong Kong) (CHU) , Ciena (CIEN) , Associated British Foods (ABF) , Apollo Global Management (APO) , Chaarat Gold (CGH) and Cypress Semiconductor (CY) .

When did Merchants Bancorp IPO?

Merchants Bancorp (MBIN) raised $101 million in an IPO on Friday, October 27th 2017. The company issued 5,600,000 shares at a price of $17.00-$19.00 per share. Sandler O'Neill + Partners, Stephens and Raymond James served as the underwriters for the IPO and SunTrust Robinson Humphrey was co-manager.

Who are Merchants Bancorp's major shareholders?

Merchants Bancorp's stock is owned by a number of institutional and retail investors. Top institutional investors include Los Angeles Capital Management LLC (0.07%). Insiders that own company stock include Anne E Sellers, Michael F Petrie, Michael J Dunlap , Michael R Dury, Patrick D O'brien, Randall D Rogers and Terry A Oznick. View institutional ownership trends .

How do I buy shares of Merchants Bancorp?

Shares of MBIN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:MBIN

Merchants Bancorp (MBIN) Stock Price, News & Analysis

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Free MBIN Stock Alerts

$37.52

-0.60 (-1.57%)

(As of 01:52 PM ET)

Compare

Today's Range: $37.03
▼
$38.14
50-Day Range: $38.40
▼
$45.27
52-Week Range: $21.50
▼
$48.68

Volume: 68,576 shs
Average Volume: 119,011 shs
Market Capitalization: $1.63 billion

P/E Ratio: 6.65
Dividend Yield: 0.96%
Price Target: $46.50

Get Merchants Bancorp alerts:

Merchants Bancorp MarketRank™ Stock Analysis

Analyst Rating: Strong Buy
3.50 Rating Score
Upside/Downside: 25.5% Upside
$46.50 Price Target
Short Interest: Healthy
1.95% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.79
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 0.71%
From $5.65 to $5.69 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.01 out of 5 stars

Finance Sector

458th out of 857 stocks

State Commercial Banks Industry

115th out of 177 stocks

3.8

Analyst's Opinion

Consensus Rating
Merchants Bancorp has received a consensus rating of Strong Buy. The company's average rating score is 3.50, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Merchants Bancorp has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.95% of the float of Merchants Bancorp has been sold short.
Short Interest Ratio / Days to Cover
Merchants Bancorp has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Merchants Bancorp has recently increased by 30.18%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
Merchants Bancorp has a dividend yield of 0.94%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Merchants Bancorp has been increasing its dividend for 7 years.
Dividend Coverage
The dividend payout ratio of Merchants Bancorp is 6.38%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Merchants Bancorp will have a dividend payout ratio of 6.33% next year. This indicates that Merchants Bancorp will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MBIN.

3.2

News and Social Media Coverage

News Sentiment
Merchants Bancorp has a news sentiment score of 0.79. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Merchants Bancorp this week, compared to 1 article on an average week.
Search Interest
3 people have searched for MBIN on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Merchants Bancorp to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Merchants Bancorp insiders have not sold or bought any company stock.
Percentage Held by Insiders
39.70% of the stock of Merchants Bancorp is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 24.57% of the stock of Merchants Bancorp is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Merchants Bancorp are expected to grow by 0.71% in the coming year, from $5.65 to $5.69 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Merchants Bancorp is 6.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.01.
Price to Earnings Ratio vs. Sector
The P/E ratio of Merchants Bancorp is 6.57, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.80.
Price to Book Value per Share Ratio
Merchants Bancorp has a P/B Ratio of 1.33. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Merchants Bancorp Stock (NASDAQ:MBIN)

Merchants Bancorp operates as the diversified bank holding company in the United States. It operates through three segments: Multi-family Mortgage Banking, Mortgage Warehousing, and Banking. The Multi-family Mortgage Banking segment engages in the mortgage banking, which originates and services government sponsored mortgages, including bridge financing products to refinance, acquire, or reposition multi-family housing projects, and construction lending for multi-family and healthcare facilities. This segment also offers customized loan products for need-based skilled nursing facilities, such as independent living, assisted living, and memory care; and tax credit equity syndicator service. The Mortgage Warehousing segment funds agency eligible residential loans, as well as commercial loans to non-depository financial institutions. The Banking segment offers a range of financial products and services to consumers and businesses, which includes retail banking, commercial lending, agricultural lending, retail and correspondent residential mortgage banking, and small business administration lending. Merchants Bancorp was founded in 1990 and is headquartered in Carmel, Indiana.

MBIN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MBIN Stock News Headlines

April 10, 2024 | finance.yahoo.com

Investors in Merchants Bancorp (NASDAQ:MBIN) have seen strong returns of 184% over the past five years

April 5, 2024 | msn.com

Trustly and Cross River Bank expand collaboration

April 16, 2024 | Gold Safe Exchange (Ad)

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March 31, 2024 | finance.yahoo.com

Merchants Bancorp (MBIN) Stock Historical Prices & Data - Yahoo Finance

March 10, 2024 | finance.yahoo.com

Merchants Bancorp (NASDAQ:MBIN) Could Be A Buy For Its Upcoming Dividend

February 28, 2024 | finance.yahoo.com

Merchants Bancorp Announces Redemption of Its Series A Preferred Stock

February 21, 2024 | msn.com

Merchants & Marine Bank grants $125,000 check to Biloxi School District’s early learning program

February 17, 2024 | finance.yahoo.com

MBIN Aug 2024 30.000 call

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Trump’s “Tax Free” Retirement Strategy

February 15, 2024 | finance.yahoo.com

Merchants Bancorp (MBIN) Announces 13% Increase in Dividend

February 14, 2024 | finance.yahoo.com

Merchants Bancorp Increases Quarterly Common Dividend by 13%; Declares Quarterly Common and Preferred Dividends

February 14, 2024 | prnewswire.com

Merchants Bancorp Increases Quarterly Common Dividend by 13%; Declares Quarterly Common and Preferred Dividends

February 13, 2024 | markets.businessinsider.com

Farmers & Merchants Bancorp, Inc. Reports 2023 Fourth-Quarter and Full-Year Financial Results

February 8, 2024 | seekingalpha.com

Moon Capital - Merchants Bancorp: The Bank You've Never Heard Of

January 31, 2024 | finance.yahoo.com

Merchants Bancorp Full Year 2023 Earnings: Beats Expectations

January 30, 2024 | markets.businessinsider.com

Analysts Are Bullish on These Financial Stocks: Cadence Bank (CADE), Merchants Bancorp (MBIN)