Weekly Analysts’ Ratings Changes for Midland States Bancorp (MSBI)

A number of research firms have changed their ratings and price targets for Midland States Bancorp (NASDAQ: MSBI):

• 1/28/2025 – Midland States Bancorp had its price target lowered by analysts at DA Davidson from $27.00 to $21.00. They now have a “neutral” rating on the stock.
• 1/28/2025 – Midland States Bancorp had its price target lowered by analysts at Piper Sandler from $28.50 to $23.00. They now have a “neutral” rating on the stock.
• 1/27/2025 – Midland States Bancorp had its price target lowered by analysts at Keefe, Bruyette & Woods from $28.00 to $23.00. They now have a “market perform” rating on the stock.
• 1/24/2025 – Midland States Bancorp was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 1/13/2025 – Midland States Bancorp was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 12/4/2024 – Midland States Bancorp had its price target raised by analysts at Keefe, Bruyette & Woods from $24.00 to $28.00. They now have a “market perform” rating on the stock.

Midland States Bancorp Price Performance

Shares of MSBI opened at $19.81 on Friday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.91 and a current ratio of 0.91. Midland States Bancorp, Inc. has a fifty-two week low of $18.75 and a fifty-two week high of $28.08. The firm has a 50-day simple moving average of $24.70 and a 200-day simple moving average of $23.83. The company has a market capitalization of $423.93 million, a price-to-earnings ratio of -18.87 and a beta of 0.76.

Midland States Bancorp (NASDAQ:MSBI) last posted its quarterly earnings data on Thursday, January 23rd. The financial services provider reported ($2.52) earnings per share for the quarter, missing analysts’ consensus estimates of $0.67 by ($3.19). Midland States Bancorp had a negative return on equity of 1.95% and a negative net margin of 2.74%. On average, equities research analysts anticipate that Midland States Bancorp, Inc. will post 2.5 earnings per share for the current year.

Midland States Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 25th. Shareholders of record on Monday, November 18th were given a dividend of $0.31 per share. The ex-dividend date of this dividend was Monday, November 18th. This represents a $1.24 dividend on an annualized basis and a yield of 6.26%. Midland States Bancorp’s payout ratio is currently -118.10%.

Institutional Trading of Midland States Bancorp

Hedge funds have recently made changes to their positions in the company. Point72 DIFC Ltd acquired a new position in shares of Midland States Bancorp during the third quarter worth about $31,000. R Squared Ltd acquired a new position in Midland States Bancorp during the 4th quarter worth approximately $39,000. Point72 Asset Management L.P. purchased a new position in shares of Midland States Bancorp during the 3rd quarter worth approximately $45,000. Quantbot Technologies LP raised its stake in shares of Midland States Bancorp by 25.8% during the 3rd quarter. Quantbot Technologies LP now owns 2,475 shares of the financial services provider’s stock worth $55,000 after buying an additional 507 shares in the last quarter. Finally, US Bancorp DE lifted its holdings in shares of 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 valued at $85,000 after buying an additional 2,229 shares during the period. Institutional investors and hedge funds own 60.93% of the company’s stock.

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.