First Merchants Statistics
Total Valuation
FRME has a market cap or net worth of $2.11 billion.
Important Dates
The next confirmed earnings date is Thursday, October 24, 2024, before market open.
Earnings Date | Oct 24, 2024 |
Ex-Dividend Date | Sep 6, 2024 |
Share Statistics
FRME has 58.51 million shares outstanding. The number of shares has decreased by -0.42% in one year.
Shares Outstanding | 58.51M |
Shares Change (YoY) | -0.42% |
Shares Change (QoQ) | -1.59% |
Owned by Insiders (%) | 1.55% |
Owned by Institutions (%) | 73.30% |
Float | 57.60M |
Valuation Ratios
The trailing PE ratio is 12.09 and the forward PE ratio is 10.37.
PE Ratio | 12.09 |
Forward PE | 10.37 |
PS Ratio | 3.70 |
Forward PS | 3.18 |
PB Ratio | 0.95 |
P/FCF Ratio | 8.16 |
PEG Ratio | n/a |
Financial Ratio History Enterprise Valuation
EV / Earnings | n/a |
EV / Sales | n/a |
EV / EBITDA | n/a |
EV / EBIT | n/a |
EV / FCF | n/a |
Financial Position
Current Ratio | n/a |
Quick Ratio | n/a |
Debt / Equity | n/a |
Debt / EBITDA | n/a |
Debt / FCF | 4.04 |
Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 8.17%.
Return on Equity (ROE) | 8.17% |
Return on Assets (ROA) | 0.99% |
Return on Capital (ROIC) | n/a |
Revenue Per Employee | $274,324 |
Profits Per Employee | $82,173 |
Employee Count | 2,162 |
Asset Turnover | n/a |
Inventory Turnover | n/a |
Taxes
In the past 12 months, FRME has paid $22.48 million in taxes.
Income Tax | 22.48M |
Effective Tax Rate | 11.13% |
Stock Price Statistics
The stock price has increased by +34.13% in the last 52 weeks. The beta is 1.03, so FRME's price volatility has been similar to the market average.
Beta (5Y) | 1.03 |
52-Week Price Change | +34.13% |
50-Day Moving Average | 37.19 |
200-Day Moving Average | 35.10 |
Relative Strength Index (RSI) | 40.87 |
Average Volume (20 Days) | 214,018 |
Short Selling Information
The latest short interest is 583,817, so 1.00% of the outstanding shares have been sold short.
Short Interest | 583,817 |
Short Previous Month | 719,945 |
Short % of Shares Out | 1.00% |
Short % of Float | 1.01% |
Short Ratio (days to cover) | 2.26 |
Income Statement
In the last 12 months, FRME had revenue of $593.09 million and earned $177.66 million in profits. Earnings per share was $3.01.
Revenue | 593.09M |
Gross Profit | 593.09M |
Operating Income | 232.13M |
Pretax Income | 211.03M |
Net Income | 177.66M |
EBITDA | n/a |
EBIT | n/a |
Earnings Per Share (EPS) | $3.01 |
Full Income Statement Balance Sheet
The company has $443.85 million in cash and $1.08 billion in debt, giving a net cash position of -$637.24 million or -$10.89 per share.
Cash & Cash Equivalents | 443.85M |
Total Debt | 1.08B |
Net Cash | -637.24M |
Net Cash Per Share | -$10.89 |
Equity (Book Value) | 2.30B |
Book Value Per Share | 39.26 |
Working Capital | -14.16B |
Full Balance Sheet Cash Flow
Operating Cash Flow | n/a |
Capital Expenditures | n/a |
Free Cash Flow | 267.74M |
FCF Per Share | $4.58 |
Full Cash Flow Statement Margins
Gross Margin | n/a |
Operating Margin | 39.14% |
Pretax Margin | 34.06% |
Profit Margin | 30.27% |
EBITDA Margin | n/a |
EBIT Margin | n/a |
FCF Margin | 44.40% |
Dividends & Yields
This stock pays an annual dividend of $1.40, which amounts to a dividend yield of 3.85%.
Dividend Per Share | $1.40 |
Dividend Yield | 3.85% |
Dividend Growth (YoY) | 4.55% |
Years of Dividend Growth | 12 |
Payout Ratio | 44.85% |
Buyback Yield | 0.42% |
Shareholder Yield | 4.29% |
Earnings Yield | 8.13% |
FCF Yield | 12.25% |
Dividend Details Analyst Forecast
The average price target for FRME is $44.50, which is 23.61% higher than the current price. The consensus rating is "Buy".
Price Target | $44.50 |
Price Target Difference | 23.61% |
Analyst Consensus | Buy |
Analyst Count | 5 |
Revenue Growth Forecast (5Y) | n/a |
EPS Growth Forecast (5Y) | n/a |
Stock Forecasts Stock Splits
The last stock split was on August 27, 2003. It was a forward split with a ratio of 1.05:1.
Last Split Date | Aug 27, 2003 |
Split Type | Forward |
Split Ratio | 1.05:1 |
Scores
Altman Z-Score | n/a |
Piotroski F-Score | 2 |