Midland States Bancorp, Inc. (MSBI)
NASDAQ: MSBI · IEX Real-Time Price · USD
23.10
-0.31 (-1.32%)
May 20, 2024, 2:55 PM EDT - Market open
Midland States Bancorp Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for MSBI stock have an average target of 26.3, with a low estimate of 24.5 and a high estimate of 29. The average target predicts an increase of 13.85% from the current stock price of 23.10.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for MSBI stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 4 | 4 | 4 | 4 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Hold Maintains $29 → $27 | Hold | Maintains | $29 → $27 | +16.88% | Apr 30, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $28 → $26 | Hold | Maintains | $28 → $26 | +12.55% | Apr 30, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $26 → $25 | Hold | Maintains | $26 → $25 | +6.06% | Apr 30, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $26 → $29 | Hold | Maintains | $26 → $29 | +25.54% | Jan 30, 2024 |
| Stephens & Co. | Stephens & Co. | Hold Maintains $23 → $25 | Hold | Maintains | $23 → $25 | +8.23% | Aug 2, 2023 |
Financial Forecast
Revenue This Year
308.92M
from 281.48M
Increased by 9.75%
Revenue Next Year
314.68M
from 308.92M
Increased by 1.86%
EPS This Year
3.00
from 2.97
Increased by 1.06%
EPS Next Year
3.16
from 3.00
Increased by 5.13%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 322.4M | 325.1M |
| Avg | 308.9M | 314.7M |
| Low | 292.9M | 301.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 14.5% | 5.2% |
| Avg | 9.8% | 1.9% |
| Low | 4.0% | -2.4% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 3.25 | 3.54 |
| Avg | 3.00 | 3.16 |
| Low | 2.74 | 2.94 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 9.5% | 17.9% |
| Avg | 1.1% | 5.1% |
| Low | -7.6% | -2.0% |
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.