MidWestOne Financial Group (NASDAQ:MOFG - Get Free Report) is expected to be posting its quarterly earnings results after the market closes on Thursday, January 23rd. Analysts expect MidWestOne Financial Group to post earnings of $0.72 per share and revenue of $57,000.00 billion for the quarter. Parties that are interested in participating in the company's conference call can do so using this link.
MidWestOne Financial Group Stock Up 1.0 %
NASDAQ:MOFG traded up $0.28 during trading hours on Thursday, hitting $29.65. 197,018 shares of the company's stock traded hands, compared to its average volume of 106,872. MidWestOne Financial Group has a twelve month low of $19.43 and a twelve month high of $34.56. The firm has a market cap of $615.83 million, a P/E ratio of -6.35 and a beta of 1.05. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.77 and a current ratio of 0.78. The stock's fifty day moving average price is $31.18 and its two-hundred day moving average price is $28.83.
MidWestOne Financial Group Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Monday, December 2nd were paid a $0.243 dividend. The ex-dividend date was Monday, December 2nd. This represents a $0.97 dividend on an annualized basis and a yield of 3.28%. MidWestOne Financial Group's dividend payout ratio (DPR) is currently -20.77%.
Analyst Upgrades and Downgrades
MOFG has been the subject of several recent research reports. StockNews.com cut MidWestOne Financial Group from a "hold" rating to a "sell" rating in a research note on Monday, October 28th. Keefe, Bruyette & Woods upgraded shares of MidWestOne Financial Group from a "market perform" rating to an "outperform" rating and upped their price target for the company from $34.00 to $39.00 in a report on Tuesday, December 17th. Finally, Piper Sandler dropped their price objective on MidWestOne Financial Group from $33.00 to $31.50 and set a "neutral" rating on the stock in a research note on Monday, October 28th.
Check Out Our Latest Report on MidWestOne Financial Group
About MidWestOne Financial Group
(
Get Free Report)
MidWestOne Financial Group, Inc operates as the bank holding company for MidWestOne Bank that provides commercial and retail banking products and services to individuals, businesses, governmental units, and institutional customers. It offers range of deposit products, including noninterest bearing and interest bearing demand deposits, savings, money market, and time deposits accounts.
See Also
Before you consider MidWestOne Financial Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and MidWestOne Financial Group wasn't on the list.
While MidWestOne Financial Group currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for January 2025. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
