Midland States Bancorp, Inc. (MSBI)
NASDAQ: MSBI · IEX Real-Time Price · USD
24.35
+0.29 (1.21%)
Feb 29, 2024, 4:00 PM EST - Market closed

Midland States Bancorp Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for MSBI stock have an average target of 25.5, with a low estimate of 23 and a high estimate of 29. The average target predicts an increase of 4.72% from the current stock price of 24.35.

Analyst Consensus: Hold
Target Low Average Median High
Price $23 $25.5 $25 $29
Change -5.54% +4.72% +2.67% +19.10%
* Price targets were last updated on Jan 30, 2024.

Analyst Ratings

The average analyst rating for MSBI stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Sep '23Oct '23Nov '23Dec '23Jan '24Feb '24
Strong Buy 000000
Buy 000000
Hold 444444
Sell 000000
Strong Sell 000000
Total 444444

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Piper Sandler
Piper Sandler
Hold
Maintains
$26$29
Hold Maintains $26$29 +19.10% Jan 30, 2024
Stephens & Co.
Stephens & Co.
Hold
Maintains
$23$25
Hold Maintains $23$25 +2.67% Aug 2, 2023
DA Davidson
DA Davidson
Hold
Maintains
$21$25
Hold Maintains $21$25 +2.67% Aug 1, 2023
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Maintains
$26$23
Hold Maintains $26$23 -5.54% May 1, 2023
Stephens & Co.
Stephens & Co.
Hold
Maintains
$32$31
Hold Maintains $32$31 +27.31% Oct 24, 2022
More Analyst Ratings

Financial Forecast

Revenue This Year
308.82M
from 281.48M
Increased by 9.71%
Revenue Next Year
312.38M
from 308.82M
Increased by 1.15%
EPS This Year
3.07
from 2.97
Increased by 3.51%
EPS Next Year
3.12
from 3.07
Increased by 1.41%
Year 2019202020212022202320242025
Revenue
248.11M216.02M274.18M305.50M281.48M308.82M312.38M
Revenue Growth
2.34%-12.93%26.92%11.42%-7.86%9.71%1.15%
EPS
2.260.953.574.232.973.073.12
EPS Growth
36.14%-57.96%275.79%18.49%-29.79%3.51%1.41%
No. Analysts -----77
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 322.4M 323.4M
Avg 308.8M 312.4M
Low 292.9M 297.8M

Revenue Growth

Revenue Growth 20242025
High
14.5%
4.7%
Avg
9.7%
1.2%
Low
4.0%
-3.6%

EPS Forecast

EPS 20242025
High 3.21 3.30
Avg 3.07 3.12
Low 2.86 2.79

EPS Growth

EPS Growth 20242025
High
8.0%
7.4%
Avg
3.5%
1.4%
Low
-3.6%
-9.3%
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.