Merchants Bancorp Statistics
Total Valuation
MBIN has a market cap or net worth of $1.70 billion. The enterprise value is $2.08 billion.
| Market Cap | 1.70B |
| Enterprise Value | 2.08B |
Important Dates
The next estimated earnings date is Tuesday, May 7, 2024, after market close.
| Earnings Date | May 7, 2024 |
| Ex-Dividend Date | Mar 14, 2024 |
Share Statistics
MBIN has 43.33 million shares outstanding. The number of shares has increased by 0.07% in one year.
| Shares Outstanding | 43.33M |
| Shares Change (YoY) | +0.07% |
| Shares Change (QoQ) | +0.18% |
| Owned by Insiders (%) | 44.54% |
| Owned by Institutions (%) | 28.52% |
| Float | 25.85M |
Valuation Ratios
The trailing PE ratio is 6.98 and the forward PE ratio is 6.82.
| PE Ratio | 6.98 |
| Forward PE | 6.82 |
| PS Ratio | 3.26 |
| Forward PS | 2.79 |
| PB Ratio | 1.00 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | 8.52 |
| EV / Sales | 3.99 |
| EV / EBITDA | 5.94 |
| EV / EBIT | 5.99 |
| EV / FCF | n/a |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.57 |
| Debt / EBITDA | 2.75 |
| Debt / FCF | n/a |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 15.30% and return on invested capital (ROIC) is 10.48%.
| Return on Equity (ROE) | 15.30% |
| Return on Assets (ROA) | 1.50% |
| Return on Capital (ROIC) | 10.48% |
| Revenue Per Employee | $845,482 |
| Profits Per Employee | $395,735 |
| Employee Count | 618 |
| Asset Turnover | 0.03 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, MBIN has paid $68.67 million in taxes.
| Income Tax | 68.67M |
| Effective Tax Rate | 21.92% |
Stock Price Statistics
The stock price has increased by +62.29% in the last 52 weeks. The beta is 1.17, so MBIN's price volatility has been higher than the market average.
| Beta (1Y) | 1.17 |
| 52-Week Price Change | +62.29% |
| 50-Day Moving Average | 41.27 |
| 200-Day Moving Average | 35.21 |
| Relative Strength Index (RSI) | 45.54 |
| Average Volume (30 Days) | 127,420 |
Short Selling Information
The latest short interest is 453,711, so 1.05% of the outstanding shares have been sold short.
| Short Interest | 453,711 |
| Short Previous Month | 325,737 |
| Short % of Shares Out | 1.05% |
| Short % of Float | 1.75% |
| Short Ratio (days to cover) | 3.34 |
Income Statement
In the last 12 months, MBIN had revenue of $522.51 million and earned $244.56 million in profits. Earnings per share was $5.64.
| Revenue | 522.51M |
| Gross Profit | 522.51M |
| Operating Income | 347.91M |
| Pretax Income | 347.91M |
| Net Income | 244.56M |
| EBITDA | 350.76M |
| EBIT | 347.91M |
| Earnings Per Share (EPS) | $5.64 |
Balance Sheet
The company has $584.42 million in cash and $964.13 million in debt, giving a net cash position of -$379.71 million or -$8.76 per share.
| Cash & Cash Equivalents | 584.42M |
| Total Debt | 964.13M |
| Net Cash | -379.71M |
| Net Cash Per Share | -$8.76 |
| Equity / Book Value | 1.70B |
| Book Value Per Share | 39.26 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was -$356.40 million and capital expenditures -$7.53 million, giving a free cash flow of -$363.93 million.
| Operating Cash Flow | -356.40M |
| Capital Expenditures | -7.53M |
| Free Cash Flow | -363.93M |
| FCF Per Share | -$8.42 |
Margins
Gross margin is 100.00%, with operating and profit margins of 66.58% and 46.81%.
| Gross Margin | 100.00% |
| Operating Margin | 66.58% |
| Pretax Margin | 66.58% |
| Profit Margin | 46.81% |
| EBITDA Margin | 67.13% |
| EBIT Margin | 66.58% |
| FCF Margin | -69.65% |
Dividends & Yields
This stock pays an annual dividend of $0.36, which amounts to a dividend yield of 0.92%.
| Dividend Per Share | $0.36 |
| Dividend Yield | 0.92% |
| Dividend Growth (YoY) | 13.79% |
| Years of Dividend Growth | 7 |
| Payout Ratio | 6.38% |
| Buyback Yield | -0.07% |
| Shareholder Yield | 0.85% |
| Earnings Yield | 14.35% |
| FCF Yield | -21.35% |
Analyst Forecast
The average price target for MBIN is $46.50, which is 18.20% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $46.50 |
| Price Target Difference | 18.20% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 2 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on January 18, 2022. It was a forward split with a ratio of 3:2.
| Last Split Date | Jan 18, 2022 |
| Split Type | Forward |
| Split Ratio | 3:2 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 2 |