Merchants Bancorp (MBIN)
NASDAQ: MBIN · Real-Time Price · USD
38.19
-0.81 (-2.08%)
At close: Nov 20, 2024, 4:00 PM
36.60
-1.59 (-4.16%)
Pre-market: Nov 21, 2024, 4:56 AM EST
Merchants Bancorp Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Merchants Bancorp stock have an average target of 52.33, with a low estimate of 48 and a high estimate of 55. The average target predicts an increase of 37.03% from the current stock price of 38.19.
Analyst Consensus: Buy
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Reiterates $56 → $48 | Buy | Reiterates | $56 → $48 | +25.69% | Oct 30, 2024 |
| Raymond James | Raymond James | Buy Maintains $58 → $55 | Buy | Maintains | $58 → $55 | +44.02% | Oct 29, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Initiates $54 | Hold | Initiates | $54 | +41.40% | Sep 9, 2024 |
| Raymond James | Raymond James | Strong Buy → Buy Downgrades $55 → $58 | Strong Buy → Buy | Downgrades | $55 → $58 | +51.87% | Jul 30, 2024 |
| Piper Sandler | Piper Sandler | Buy Reiterates $59 → $56 | Buy | Reiterates | $59 → $56 | +46.64% | May 17, 2024 |
Financial Forecast
Revenue This Year
647.48M
Revenue Next Year
674.07M
from 647.48M
Increased by 4.11%
EPS This Year
5.88
from 5.64
Increased by 4.28%
EPS Next Year
5.67
from 5.88
Decreased by -3.53%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 671.1M | 722.4M | 795.9M |
| Avg | 647.5M | 674.1M | 691.0M |
| Low | 613.7M | 608.7M | 610.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 11.6% | 18.1% |
| Avg | - | 4.1% | 2.5% |
| Low | - | -6.0% | -9.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.10 | 6.22 | 6.90 |
| Avg | 5.88 | 5.67 | 5.86 |
| Low | 5.61 | 4.95 | 5.19 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.2% | 5.7% | 21.6% |
| Avg | 4.3% | -3.5% | 3.4% |
| Low | -0.5% | -15.9% | -8.5% |
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.