Merchants Bancorp (MBIN)
NASDAQ: MBIN · Real-Time Price · USD
36.03
-7.86 (-17.91%)
At close: Oct 29, 2024, 4:00 PM
36.40
+0.37 (1.03%)
After-hours: Oct 29, 2024, 6:21 PM EDT

Merchants Bancorp Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Merchants Bancorp stock have an average target of 55, with a low estimate of 54 and a high estimate of 56. The average target predicts an increase of 52.65% from the current stock price of 36.03.

Analyst Consensus: Buy
Target Low Average Median High
Price $54 $55 $55 $56
Change +49.88% +52.65% +52.65% +55.43%

Analyst Ratings

The average analyst rating for MBIN stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 110000
Buy 112222
Hold 000011
Sell 000000
Strong Sell 000000
Total 222233

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Raymond James
Raymond James
Buy
Maintains
$58$55
Buy Maintains $58$55 +52.65% Oct 29, 2024
Morgan Stanley
Morgan Stanley
Hold
Initiates
$54
Hold Initiates $54 +49.88% Sep 9, 2024
Raymond James
Raymond James
Buy
Downgrades
$55$58
Buy Downgrades $55$58 +60.98% Jul 30, 2024
Piper Sandler
Piper Sandler
Buy
Reiterates
$59$56
Buy Reiterates $59$56 +55.43% May 17, 2024
Raymond James
Raymond James
Strong Buy
Reiterates
$55
Strong Buy Reiterates $55 +52.65% May 15, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
652.09M
Revenue Next Year
678.01M
from 652.09M
Increased by 3.97%
EPS This Year
6.34
from 5.64
Increased by 12.47%
EPS Next Year
6.04
from 6.34
Decreased by -4.82%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
-----652.09M678.01M753.75M
Revenue Growth
22.62%105.37%26.64%-0.73%22.31%-3.97%11.17%
EPS
1.583.854.764.475.646.346.04-
EPS Growth
14.49%143.67%23.64%-6.09%26.17%12.47%-4.82%-
Forward PE
-----5.685.97-
No. Analysts -----443
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 682.5M 723.5M 775.9M
Avg 652.1M 678.0M 753.8M
Low 613.7M 617.3M 724.2M

Revenue Growth

Revenue Growth 202420252026
High -
10.9%
14.4%
Avg -
4.0%
11.2%
Low -
-5.3%
6.8%

EPS Forecast

EPS 20242025
High 6.59 6.60
Avg 6.34 6.04
Low 6.03 5.44

EPS Growth

EPS Growth 20242025
High
16.9%
4.1%
Avg
12.5%
-4.8%
Low
7.0%
-14.3%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.