Merchants Bancorp (MBIN)
NASDAQ: MBIN · IEX Real-Time Price · USD
40.05
+0.67 (1.70%)
May 31, 2024, 4:00 PM EDT - Market closed
Merchants Bancorp Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Merchants Bancorp stock have an average target of 55.5, with a low estimate of 55 and a high estimate of 56. The average target predicts an increase of 38.58% from the current stock price of 40.05.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for MBIN stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Reiterates $59 → $56 | Buy | Reiterates | $59 → $56 | +39.83% | May 17, 2024 |
| Raymond James | Raymond James | Strong Buy Reiterates $55 | Strong Buy | Reiterates | $55 | +37.33% | May 15, 2024 |
| Piper Sandler | Piper Sandler | Buy Reiterates $53 → $59 | Buy | Reiterates | $53 → $59 | +46.07% | May 3, 2024 |
| Raymond James | Raymond James | Strong Buy Maintains $44 → $55 | Strong Buy | Maintains | $44 → $55 | +37.33% | Jan 30, 2024 |
| Raymond James | Raymond James | Strong Buy Maintains $41 → $44 | Strong Buy | Maintains | $41 → $44 | +9.86% | Oct 30, 2023 |
Financial Forecast
Revenue This Year
668.87M
from 522.51M
Increased by 28.01%
Revenue Next Year
687.17M
from 668.87M
Increased by 2.74%
EPS This Year
6.51
from 5.64
Increased by 15.46%
EPS Next Year
6.26
from 6.51
Decreased by -3.92%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 697.2M | 745.5M |
| Avg | 668.9M | 687.2M |
| Low | 634.6M | 624.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 33.4% | 11.5% |
| Avg | 28.0% | 2.7% |
| Low | 21.4% | -6.6% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 6.89 | 7.00 |
| Avg | 6.51 | 6.26 |
| Low | 6.08 | 5.49 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 22.1% | 7.5% |
| Avg | 15.5% | -3.9% |
| Low | 7.9% | -15.7% |
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.