Merchants Bancorp (MBIN)
NASDAQ: MBIN · Real-Time Price · USD
38.67
+0.77 (2.03%)
At close: Jan 17, 2025, 4:00 PM
39.49
+0.82 (2.12%)
Pre-market: Jan 21, 2025, 4:32 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 53.83, with a low estimate of 52.5 and a high estimate of 55. The average target predicts an increase of 39.20% from the current stock price of 38.67.
Analyst Consensus: Buy
* Price targets were last updated on Nov 26, 2024.
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 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 0 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $48 → $53 | Buy | Maintains | $48 → $53 | +35.76% | Nov 26, 2024 |
| Piper Sandler | Piper Sandler | Buy Reiterates $56 → $48 | Buy | Reiterates | $56 → $48 | +24.13% | Oct 30, 2024 |
| Raymond James | Raymond James | Buy Maintains $58 → $55 | Buy | Maintains | $58 → $55 | +42.23% | Oct 29, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Initiates $54 | Hold | Initiates | $54 | +39.64% | Sep 9, 2024 |
| Raymond James | Raymond James | Strong Buy → Buy Downgrades $55 → $58 | Strong Buy → Buy | Downgrades | $55 → $58 | +49.99% | Jul 30, 2024 |
Financial Forecast
Revenue This Year
647.69M
Revenue Next Year
668.30M
from 647.69M
Increased by 3.18%
EPS This Year
5.90
from 5.64
Increased by 4.53%
EPS Next Year
5.51
from 5.90
Decreased by -6.57%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 671.7M | 722.4M | 798.0M |
| Avg | 647.7M | 668.3M | 718.2M |
| Low | 613.7M | 612.0M | 642.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 11.5% | 19.4% |
| Avg | - | 3.2% | 7.5% |
| Low | - | -5.5% | -3.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.09 | 6.01 | 6.90 |
| Avg | 5.90 | 5.51 | 6.02 |
| Low | 5.64 | 4.90 | 5.14 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.0% | 1.9% | 25.2% |
| Avg | 4.5% | -6.6% | 9.4% |
| Low | 0.1% | -16.9% | -6.6% |
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.