Mid Penn Bancorp, Inc. (MPB)
NASDAQ: MPB · IEX Real-Time Price · USD
25.33
-0.14 (-0.55%)
At close: Jul 19, 2024, 4:30 PM
25.29
-0.04 (-0.16%)
Pre-market: Jul 20, 2024, 9:29 AM EDT

Mid Penn Bancorp Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Mid Penn Bancorp stock have an average target of 26, which predicts an increase of 2.65% from the current stock price of 25.33.

Analyst Consensus: Buy
Target Low Average Median High
Price $26 $26 $26 $26
Change +2.65% +2.65% +2.65% +2.65%
* Price targets were last updated on Feb 1, 2024.

Analyst Ratings

The average analyst rating for MPB stock from 2 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 Apr '24May '24Jun '24Jul '24
Strong Buy 0000
Buy 2222
Hold 0000
Sell 0000
Strong Sell 0000
Total 2222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Piper Sandler
Piper Sandler
Buy
Maintains
$27$26
Buy Maintains $27$26 +2.65% Feb 1, 2024
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Buy
Initiates
$26
Buy Initiates $26 +2.65% Dec 5, 2023
Stephens & Co.
Stephens & Co.
Buy
Initiates
n/a
Buy Initiates n/a n/a May 3, 2021
More Analyst Ratings

Financial Forecast

Revenue This Year
172.30M
from 163.69M
Increased by 5.26%
Revenue Next Year
186.64M
from 172.30M
Increased by 8.32%
EPS This Year
2.65
from 2.29
Increased by 15.85%
EPS Next Year
2.88
from 2.65
Increased by 8.38%
Year 2019202020212022202320242025
Revenue
81.38M101.92M127.16M167.19M163.69M172.30M186.64M
Revenue Growth
29.39%25.24%24.77%31.48%-2.10%5.26%8.32%
EPS
2.093.112.713.442.292.652.88
EPS Growth
41.22%48.80%-12.86%26.94%-33.43%15.85%8.38%
Forward PE
-----9.558.81
No. Analysts -----44
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 180.6M 198.9M
Avg 172.3M 186.6M
Low 165.8M 175.9M

Revenue Growth

Revenue Growth 20242025
High
10.3%
15.4%
Avg
5.3%
8.3%
Low
1.3%
2.1%

EPS Forecast

EPS 20242025
High 2.86 3.17
Avg 2.65 2.88
Low 2.49 2.45

EPS Growth

EPS Growth 20242025
High
24.7%
19.5%
Avg
15.8%
8.4%
Low
8.7%
-7.6%
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.