Merchants Bancorp (MBIN) Stock Price, News & Analysis

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Merchants Bancorp in the last year. 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.

2 equities research analysts have issued 12-month price objectives for Merchants Bancorp's stock. 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 twelve months. This suggests a possible upside of 18.8% from the stock's current price.
View analysts price targets for MBIN or view top-rated stocks among Wall Street analysts.

Merchants Bancorp's stock was trading at $42.58 at the beginning of 2024. Since then, MBIN stock has decreased by 8.1% and is now trading at $39.15.
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Merchants Bancorp saw a increase in short interest during the month of 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 daily trading volume, of 121,400 shares, the days-to-cover ratio is currently 2.7 days. Currently, 2.0% of the shares of the company are sold short.
View Merchants Bancorp's Short Interest.

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

Merchants Bancorp (NASDAQ:MBIN) issued its earnings results on Monday, January, 29th. The company reported $1.58 earnings per share for the quarter, beating analysts' consensus estimates of $1.44 by $0.14. The company earned $346.21 million during the quarter, compared to analysts' expectations of $142.65 million. Merchants Bancorp had a net margin of 23.42% and a trailing twelve-month return on equity of 25.38%.

Merchants Bancorp declared a quarterly dividend on Wednesday, February 14th. Investors 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 dividend yield of 0.92%. 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.

Merchants Bancorp (NASDAQ:MBIN) pays an annual dividend of $0.36 per share and currently has a dividend yield of 0.96%. 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.

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).

Shares of Merchants Bancorp split on Tuesday, January 18th 2022. The 3-2 split was announced on Tuesday, January 18th 2022. The newly created shares were distributed to shareholders after the closing bell on Tuesday, January 18th 2022. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

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).

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

Merchants Bancorp's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Valeo Financial Advisors LLC (0.54%), Denali Advisors LLC (0.19%), Allspring Global Investments Holdings LLC (0.19%) and 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.
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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.
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