Metropolitan Bank Holding Corp. (MCB)
NYSE: MCB · IEX Real-Time Price · USD
43.16
+0.61 (1.43%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Metropolitan Bank Holding Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for MCB stock have an average target of 55, with a low estimate of 50 and a high estimate of 60. The average target predicts an increase of 27.43% from the current stock price of 43.16.
Analyst Consensus: Buy
* Price targets were last updated on Apr 4, 2024.
Analyst Ratings
The average analyst rating for MCB stock from 4 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 3 | 3 | 3 | 4 | 4 | 4 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $55 → $50 | Buy | Maintains | $55 → $50 | +15.85% | Apr 4, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Reiterates $66 → $55 | Buy | Reiterates | $66 → $55 | +27.43% | Mar 11, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $62 → $55 | Buy | Maintains | $62 → $55 | +27.43% | Mar 4, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $73 → $66 | Buy | Maintains | $73 → $66 | +52.92% | Jan 22, 2024 |
| Piper Sandler | Piper Sandler | Buy Initiates $60 | Buy | Initiates | $60 | +39.02% | Dec 15, 2023 |
Financial Forecast
Revenue This Year
272.11M
from 238.46M
Increased by 14.11%
Revenue Next Year
299.91M
from 272.11M
Increased by 10.22%
EPS This Year
6.16
from 6.91
Decreased by -10.84%
EPS Next Year
7.42
from 6.16
Increased by 20.44%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 283.5M | 314.0M |
| Avg | 272.1M | 299.9M |
| Low | 263.5M | 289.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 18.9% | 15.4% |
| Avg | 14.1% | 10.2% |
| Low | 10.5% | 6.2% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 6.44 | 8.10 |
| Avg | 6.16 | 7.42 |
| Low | 5.95 | 6.98 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -6.9% | 31.4% |
| Avg | -10.8% | 20.4% |
| Low | -13.9% | 13.3% |
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.