Brokers Issue Forecasts for MSBI Q1 Earnings

Midland States Bancorp, Inc. (NASDAQ:MSBI) – Equities research analysts at DA Davidson issued their Q1 2025 earnings per share estimates for shares of Midland States Bancorp in a research report issued on Tuesday, January 28th. DA Davidson analyst J. Rulis anticipates that the financial services provider will post earnings per share of $0.52 for the quarter. DA Davidson has a “Neutral” rating and a $21.00 price objective on the stock. The consensus estimate for Midland States Bancorp’s current full-year earnings is $2.16 per share.

Several other research firms have also issued reports on MSBI. Piper Sandler decreased their price target on shares of Midland States Bancorp from $28.50 to $23.00 and set a “neutral” rating on the stock in a research report on Tuesday. StockNews.com lowered Midland States Bancorp from a “buy” rating to a “hold” rating in a research report on Friday, January 24th. Finally, Keefe, Bruyette & Woods decreased their price target on Midland States Bancorp from $28.00 to $23.00 and set a “market perform” rating for the company in a research report on Monday. Five analysts have rated the stock with a hold rating, According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $23.50.

Midland States Bancorp Stock Down 3.9 %

NASDAQ MSBI opened at $19.28 on Wednesday. Midland States Bancorp has a 12 month low of $18.75 and a 12 month high of $28.10. The company has a market capitalization of $412.59 million, a P/E ratio of 8.35 and a beta of 0.76. The company’s 50 day simple moving average is $24.98 and its 200 day simple moving average is $23.88. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.91 and a quick ratio of 0.91.

Midland States Bancorp (NASDAQ:MSBI) last announced its earnings results on Thursday, January 23rd. The financial services provider reported ($2.52) earnings per share for the quarter, missing the consensus estimate of $0.67 by ($3.19). Midland States Bancorp had a net margin of 12.13% and a return on equity of 8.90%.

Midland States Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, November 25th. Stockholders of record on Monday, November 18th were given a $0.31 dividend. The ex-dividend date of this dividend was Monday, November 18th. This represents a $1.24 annualized dividend and a dividend yield of 6.43%. Midland States Bancorp’s dividend payout ratio (DPR) is presently 53.68%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of MSBI. Point72 DIFC Ltd purchased a new position in Midland States Bancorp during the 3rd quarter valued at about $31,000. R Squared Ltd purchased a new position in Midland States Bancorp during the fourth quarter valued at approximately $39,000. Point72 Asset Management L.P. purchased a new position in Midland States Bancorp during the third quarter valued at approximately $45,000. Quantbot Technologies LP increased its stake in Midland States Bancorp by 25.8% in the 3rd quarter. Quantbot Technologies LP now owns 2,475 shares of the financial services provider’s stock valued at $55,000 after buying an additional 507 shares during the period. Finally, US Bancorp DE lifted its position in Midland States Bancorp by 141.6% in the 3rd quarter. US Bancorp DE now owns 3,803 shares of the financial services provider’s stock worth $85,000 after buying an additional 2,229 shares in the last quarter. 60.93% of the stock is owned by institutional investors and hedge funds.

Midland States Bancorp Company Profile

Midland States Bancorp, Inc operates as a financial holding company for Midland States Bank that provides various banking products and services to individuals, businesses, municipalities, and other entities. It operates through Banking, Wealth Management, and Other segments. The company provides a range of financial products and services to consumers and businesses, including commercial loans to finance agricultural equipment and production; and commercial real estate loans for owner occupied offices, warehouses and production facilities, office buildings, hotels, mixed-use residential and commercial facilities, retail centers, multifamily properties, and assisted living facilities.