Midland States Bancorp, Inc. (MSBI)
NASDAQ: MSBI · IEX Real-Time Price · USD
22.92
+0.27 (1.19%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Midland States Bancorp Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for MSBI stock have an average target of 26.3, with a low estimate of 24.5 and a high estimate of 29. The average target predicts an increase of 14.75% from the current stock price of 22.92.
Analyst Consensus: Hold
* Price targets were last updated on Apr 30, 2024.
Analyst Ratings
The average analyst rating for MSBI stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 4 | 4 | 5 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Hold Maintains $29 → $27 | Hold | Maintains | $29 → $27 | +17.80% | Apr 30, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $28 → $26 | Hold | Maintains | $28 → $26 | +13.44% | Apr 30, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $26 → $25 | Hold | Maintains | $26 → $25 | +6.89% | Apr 30, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $26 → $29 | Hold | Maintains | $26 → $29 | +26.53% | Jan 30, 2024 |
| Stephens & Co. | Stephens & Co. | Hold Maintains $23 → $25 | Hold | Maintains | $23 → $25 | +9.08% | Aug 2, 2023 |
Financial Forecast
Revenue This Year
310.46M
from 281.48M
Increased by 10.30%
Revenue Next Year
314.91M
from 310.46M
Increased by 1.43%
EPS This Year
2.74
from 2.97
Decreased by -7.69%
EPS Next Year
3.08
from 2.74
Increased by 12.48%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 321.1M | 325.6M |
| Avg | 310.5M | 314.9M |
| Low | 297.8M | 299.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 14.1% | 4.9% |
| Avg | 10.3% | 1.4% |
| Low | 5.8% | -3.7% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 2.94 | 3.38 |
| Avg | 2.74 | 3.08 |
| Low | 2.59 | 2.89 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -1.1% | 23.3% |
| Avg | -7.7% | 12.5% |
| Low | -12.9% | 5.4% |
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.