Metropolitan Bank Holding Corp. (MCB)
NYSE: MCB · IEX Real-Time Price · USD
41.78
-0.91 (-2.13%)
Apr 24, 2024, 1:26 PM EDT - Market open
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 31.64% from the current stock price of 41.78.
Analyst Consensus: Buy
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 3 | 3 | 3 | 3 | 3 | 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 | 3 | 3 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $55 → $50 | Buy | Maintains | $55 → $50 | +19.67% | Apr 4, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Reiterates $66 → $55 | Buy | Reiterates | $66 → $55 | +31.64% | Mar 11, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $62 → $55 | Buy | Maintains | $62 → $55 | +31.64% | Mar 4, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $73 → $66 | Buy | Maintains | $73 → $66 | +57.97% | Jan 22, 2024 |
| Piper Sandler | Piper Sandler | Buy Initiates $60 | Buy | Initiates | $60 | +43.61% | Dec 15, 2023 |
Financial Forecast
Revenue This Year
269.50M
from 238.46M
Increased by 13.02%
Revenue Next Year
302.08M
from 269.50M
Increased by 12.09%
EPS This Year
6.16
from 6.91
Decreased by -10.91%
EPS Next Year
7.24
from 6.16
Increased by 17.60%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 282.1M | 317.1M |
| Avg | 269.5M | 302.1M |
| Low | 259.7M | 290.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 18.3% | 17.7% |
| Avg | 13.0% | 12.1% |
| Low | 8.9% | 7.7% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 6.79 | 7.95 |
| Avg | 6.16 | 7.24 |
| Low | 5.65 | 6.76 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -1.7% | 29.1% |
| Avg | -10.9% | 17.6% |
| Low | -18.2% | 9.8% |
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.