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

Total Valuation

MSBI has a market cap or net worth of $519.97 million. The enterprise value is $1.04 billion.

Market Cap 519.97M
Enterprise Value 1.04B

Important Dates

The last earnings date was Thursday, January 25, 2024, after market close.

Earnings Date Jan 25, 2024
Ex-Dividend Date Feb 15, 2024

Share Statistics

MSBI has 21.50 million shares outstanding. The number of shares has decreased by -1.21% in one year.

Shares Outstanding 21.50M
Shares Change (YoY) -1.21%
Shares Change (QoQ) -0.69%
Owned by Insiders (%) 5.22%
Owned by Institutions (%) 62.54%
Float 18.95M

Valuation Ratios

The trailing PE ratio is 8.14 and the forward PE ratio is 8.04. MSBI's PEG ratio is 2.20.

PE Ratio 8.14
Forward PE 8.04
PS Ratio 1.85
Forward PS 1.68
PB Ratio 0.66
P/FCF Ratio 3.56
PEG Ratio 2.20
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 8.76, with an EV/FCF ratio of 7.12.

EV / Earnings 15.63
EV / Sales 3.69
EV / EBITDA 8.76
EV / EBIT 9.67
EV / FCF 7.12

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.83
Debt / EBITDA 5.52
Debt / FCF 4.49
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 8.60% and return on invested capital (ROIC) is 5.22%.

Return on Equity (ROE) 8.60%
Return on Assets (ROA) 0.80%
Return on Capital (ROIC) 5.22%
Revenue Per Employee $320,587
Profits Per Employee $75,794
Employee Count 878
Asset Turnover 0.04
Inventory Turnover n/a

Taxes

In the past 12 months, MSBI has paid $32.11 million in taxes.

Income Tax 32.11M
Effective Tax Rate 32.55%

Stock Price Statistics

The stock price has decreased by -8.08% in the last 52 weeks. The beta is 0.79, so MSBI's price volatility has been lower than the market average.

Beta (1Y) 0.79
52-Week Price Change -8.08%
50-Day Moving Average 26.05
200-Day Moving Average 22.89
Relative Strength Index (RSI) 40.66
Average Volume (30 Days) 63,286

Short Selling Information

The latest short interest is 227,541, so 1.06% of the outstanding shares have been sold short.

Short Interest 227,541
Short Previous Month 225,065
Short % of Shares Out 1.06%
Short % of Float 1.20%
Short Ratio (days to cover) 3.71

Income Statement

In the last 12 months, MSBI had revenue of $281.48 million and earned $66.55 million in profits. Earnings per share was $2.97.

Revenue 281.48M
Gross Profit 281.48M
Operating Income 107.57M
Pretax Income 107.57M
Net Income 66.55M
EBITDA 118.74M
EBIT 107.57M
Earnings Per Share (EPS) $2.97
Full Income Statement

Balance Sheet

The company has $135.06 million in cash and $655.03 million in debt, giving a net cash position of -$519.97 million or -$24.18 per share.

Cash & Cash Equivalents 135.06M
Total Debt 655.03M
Net Cash -519.97M
Net Cash Per Share -$24.18
Equity / Book Value 791.85M
Book Value Per Share 36.82
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $154.64 million and capital expenditures -$8.63 million, giving a free cash flow of $146.01 million.

Operating Cash Flow 154.64M
Capital Expenditures -8.63M
Free Cash Flow 146.01M
FCF Per Share $6.60
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 38.22% and 23.64%.

Gross Margin 100.00%
Operating Margin 38.22%
Pretax Margin 38.22%
Profit Margin 23.64%
EBITDA Margin 42.19%
EBIT Margin 38.22%
FCF Margin 51.87%

Dividends & Yields

This stock pays an annual dividend of $1.24, which amounts to a dividend yield of 5.09%.

Dividend Per Share $1.24
Dividend Yield 5.09%
Dividend Growth (YoY) 3.42%
Years of Dividend Growth 8
Payout Ratio 41.75%
Buyback Yield 1.21%
Shareholder Yield 6.34%
Earnings Yield 12.80%
FCF Yield 28.08%
Dividend Details

Analyst Forecast

The average price target for MSBI is $25.50, which is 4.72% higher than the current price. The consensus rating is "Hold".

Price Target $25.50
Price Target Difference 4.72%
Analyst Consensus Hold
Analyst Count 4
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 5