Merchants Bancorp (MBIN)
NASDAQ: MBIN · Real-Time Price · USD
47.51
-0.19 (-0.40%)
Jun 5, 2026, 4:00 PM EDT - Market closed
Merchants Bancorp Stock Forecast
Stock Price Forecast
According to 3 analysts polled by S&P Global, Merchants Bancorp stock has a consensus rating of "Buy" and an average price target of $51.67. The average 1-year stock price forecast is 8.76% higher than the current stock price, while the lowest is $46 (-3.18%) and the highest is $58 (+22.08%).
Price Target: $51.67 (+8.76%)
Analyst Consensus: Buy
* Price targets were last updated on Apr 30, 2026.
Analyst Ratings
The average analyst rating for Merchants Bancorp stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Oct '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Buy Maintains $49 → $51 | Buy | Maintains | $49 → $51 | +7.35% | Apr 30, 2026 |
| Piper Sandler | Piper Sandler | Buy Maintains $51 → $58 | Buy | Maintains | $51 → $58 | +22.08% | Apr 29, 2026 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $51 → $46 | Hold | Maintains | $51 → $46 | -3.18% | Mar 31, 2026 |
Financial Forecast
Revenue This Year
729.84M
from 681.45M
Increased by 7.10%
Revenue Next Year
760.11M
from 729.84M
Increased by 4.15%
EPS This Year
5.12
from 3.78
Increased by 35.54%
EPS Next Year
5.70
from 5.12
Increased by 11.19%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 746.0M | ||
| Avg | 729.8M | ||
| Low | 721.0M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 9.5% | ||
| Avg | 7.1% | ||
| Low | 5.8% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | ||
| Avg | 5.12 | ||
| Low | - |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | ||
| Avg | 35.5% | ||
| Low | - |