Merchants Bancorp (MBIN)
NASDAQ: MBIN · Real-Time Price · USD
45.12
+0.75 (1.69%)
At close: May 18, 2026, 4:00 PM EDT
45.14
+0.02 (0.04%)
After-hours: May 18, 2026, 4:10 PM EDT
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 14.52% higher than the current stock price, while the lowest is $46 (+1.95%) and the highest is $58 (+28.55%).
Price Target: $51.67 (+14.52%)
Analyst Consensus: Buy
* Price targets were last updated on Mar 2, 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 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '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 |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $42 → $51 | Hold | Maintains | $42 → $51 | +13.03% | Mar 2, 2026 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $40 → $42 | Hold | Maintains | $40 → $42 | -6.91% | Jan 30, 2026 |
| Piper Sandler | Piper Sandler | Buy Maintains $41 → $42 | Buy | Maintains | $41 → $42 | -6.91% | Oct 30, 2025 |
| Raymond James | Raymond James | Buy Reiterates $40 → $38 | Buy | Reiterates | $40 → $38 | -15.78% | Oct 29, 2025 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $34 → $39 | Hold | Maintains | $34 → $39 | -13.56% | Sep 29, 2025 |
Financial Forecast
Revenue This Year
744.44M
from 563.69M
Increased by 32.06%
Revenue Next Year
775.31M
from 744.44M
Increased by 4.15%
EPS This Year
5.27
from 3.78
Increased by 39.51%
EPS Next Year
5.81
from 5.27
Increased by 10.21%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 783.3M | 805.9M | |
| Avg | 744.4M | 775.3M | |
| Low | 706.6M | 731.9M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 39.0% | 8.3% | |
| Avg | 32.1% | 4.1% | |
| Low | 25.3% | -1.7% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 5.45 | 6.26 | |
| Avg | 5.27 | 5.81 | |
| Low | 5.05 | 5.39 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 44.2% | 18.7% | |
| Avg | 39.5% | 10.2% | |
| Low | 33.5% | 2.3% |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.