MetroCity Bankshares, Inc. (MCBS)
NASDAQ: MCBS · IEX Real-Time Price · USD
26.26
+0.48 (1.86%)
Jul 2, 2024, 4:00 PM EDT - Market closed

MetroCity Bankshares Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for MCBS stock has a target of 28, which predicts an increase of 6.63% from the current stock price of 26.26.

Analyst Consensus: Hold
Target Low Average Median High
Price $28 $28 $28 $28
Change +6.63% +6.63% +6.63% +6.63%
* Price targets were last updated on Apr 23, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for MCBS is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 00000
Buy 00000
Hold 11111
Sell 00000
Strong Sell 00000
Total 11111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Maintains
$27$28
Hold Maintains $27$28 +6.63% Apr 23, 2024
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Maintains
$19$23
Hold Maintains $19$23 -12.41% Jul 26, 2023
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Maintains
$22$19
Hold Maintains $22$19 -27.65% Apr 6, 2023
Raymond James
Raymond James
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Jan 28, 2020
More Analyst Ratings

Financial Forecast

Revenue This Year
139.03M
from 119.70M
Increased by 16.15%
Revenue Next Year
149.74M
from 139.03M
Increased by 7.70%
EPS This Year
2.46
from 2.02
Increased by 21.69%
EPS Next Year
2.69
from 2.46
Increased by 9.50%
Year 2019202020212022202320242025
Revenue
100.87M89.86M130.93M140.50M119.70M139.03M149.74M
Revenue Growth
6.61%-10.91%45.70%7.31%-14.80%16.15%7.70%
EPS
1.811.412.392.442.022.462.69
EPS Growth
7.10%-22.10%69.50%2.09%-17.21%21.69%9.50%
Forward PE
-----10.689.76
No. Analysts -----33
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 143.1M 154.1M
Avg 139.0M 149.7M
Low 133.6M 143.9M

Revenue Growth

Revenue Growth 20242025
High
19.6%
10.9%
Avg
16.2%
7.7%
Low
11.6%
3.5%

EPS Forecast

EPS 20242025
High 2.53 2.77
Avg 2.46 2.69
Low 2.36 2.59

EPS Growth

EPS Growth 20242025
High
25.3%
12.7%
Avg
21.7%
9.5%
Low
16.9%
5.2%
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.