Midland States Bancorp Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for MSBI stock have an average target of 24.6, with a low estimate of 21 and a high estimate of 29. The average target predicts an increase of 27.73% from the current stock price of 19.26.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$21	$24.6	$23	$29
Change	+9.03%	+27.73%	+19.42%	+50.57%

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	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	5	5	4	4	4	5
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	5	4	4	4	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jeff Rulis DA Davidson	DA Davidson	Hold Maintains $27 → $21	Hold	Maintains	$27 → $21	+9.03%	Jan 28, 2025
Nathan Race Piper Sandler	Piper Sandler	Hold Maintains $29 → $23	Hold	Maintains	$29 → $23	+19.42%	Jan 28, 2025
Damon Delmonte Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $28 → $23	Hold	Maintains	$28 → $23	+19.42%	Jan 27, 2025
Damon Delmonte Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $24 → $28	Hold	Maintains	$24 → $28	+45.38%	Dec 4, 2024
Nathan Race Piper Sandler	Piper Sandler	Hold Maintains $26 → $27	Hold	Maintains	$26 → $27	+40.19%	Oct 29, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

304.53M

Revenue Next Year

317.58M

from 304.53M

4.29%

from 304.53M

EPS This Year

2.69

from -1.05

EPS Next Year

2.82

from 2.69

4.85%

from 2.69

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	-	-	-	304.53M	317.58M
Revenue Growth	-9.42%	24.19%	7.82%	-7.26%	-39.56%	-	4.29%
EPS	0.95	3.57	4.23	2.97	-1.05	2.69	2.82
EPS Growth	-57.89%	275.79%	18.51%	-29.85%	-	-	4.85%
Forward PE	-	-	-	-	-	7.15	6.82
No. Analysts	-	-	-	-	-	7	7

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026
High	316.2M	332.9M
Avg	304.5M	317.6M
Low	289.4M	298.7M

Revenue Growth

Revenue Growth	2025	2026
High	-	9.3%
Avg	-	4.3%
Low	-	-1.9%

EPS Forecast

EPS	2025	2026
High	3.15	3.15
Avg	2.69	2.82
Low	2.06	2.21

EPS Growth

EPS Growth	2025	2026
High	-	17.1%
Avg	-	4.8%
Low	-	-18.0%

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.