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NASDAQ:MOFG

MidWestOne Financial Group (MOFG) Stock Price, News & Analysis

$27.98
-0.87 (-3.02%)
(As of 09/6/2024 ET)
Today's Range
$27.95
$28.79
50-Day Range
$21.43
$29.52
52-Week Range
$19.19
$30.15
Volume
68,123 shs
Average Volume
36,619 shs
Market Capitalization
$440.82 million
P/E Ratio
19.43
Dividend Yield
3.47%
Price Target
$26.38

MidWestOne Financial Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
5.7% Downside
$26.38 Price Target
Short Interest
Healthy
0.38% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.27mentions of MidWestOne Financial Group in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
24.77%
From $2.14 to $2.67 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.54 out of 5 stars

Finance Sector

329th out of 871 stocks

State Commercial Banks Industry

65th out of 177 stocks

MOFG stock logo

About MidWestOne Financial Group Stock (NASDAQ:MOFG)

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. The company also provides commercial, real estate, agricultural, credit card, and consumer loans; and financing arrangements, such as brokered deposits, term debt, subordinated debt, and equity. In addition, it offers trust and investment services comprising administering estates, trusts, and conservatorships; property and farm management, investment advisory, retail securities brokerage, financial planning, and custodial services; and licensed brokers services. Further, the company provides online and mobile banking, debit cards, automated teller machines, and safe deposit boxes. MidWestOne Financial Group, Inc. was founded in 1934 and is headquartered in Iowa City, Iowa.

MOFG Stock Price History

MOFG Stock News Headlines

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MOFG Aug 2024 30.000 put (MOFG240816P00030000)
War on Elon Escalates…
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
See More Headlines
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Company Calendar

Ex-Dividend for 6/17 Dividend
6/03/2024
Dividend Payable
6/17/2024
Last Earnings
7/25/2024
Ex-Dividend for 9/17 Dividend
9/03/2024
Today
9/07/2024
Dividend Payable
9/17/2024
Next Earnings (Estimated)
10/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Regional Banks
Current Symbol
NASDAQ:MOFG
CUSIP
598511103
Employees
730
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$26.38
High Stock Price Target
$30.00
Low Stock Price Target
$21.50
Potential Upside/Downside
-5.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
4 Analysts

Profitability

Net Income
$20.86 million
Pretax Margin
12.32%

Debt

Sales & Book Value

Annual Sales
$183.24 million
Cash Flow
$2.97 per share
Book Value
$34.44 per share

Miscellaneous

Free Float
15,314,000
Market Cap
$440.82 million
Optionable
Optionable
Beta
1.02
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MOFG Stock Analysis - Frequently Asked Questions

How have MOFG shares performed this year?

MidWestOne Financial Group's stock was trading at $26.91 at the beginning of the year. Since then, MOFG stock has increased by 4.0% and is now trading at $27.98.
View the best growth stocks for 2024 here
.

How were MidWestOne Financial Group's earnings last quarter?

MidWestOne Financial Group, Inc. (NASDAQ:MOFG) posted its earnings results on Thursday, July, 25th. The financial services provider reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by $0.02. The financial services provider earned $57.90 million during the quarter, compared to analysts' expectations of $45.75 million. MidWestOne Financial Group had a net margin of 9.79% and a trailing twelve-month return on equity of 5.27%.

What is Charles N. Funk's approval rating as MidWestOne Financial Group's CEO?

22 employees have rated MidWestOne Financial Group Chief Executive Officer Charles N. Funk on Glassdoor.com. Charles N. Funk has an approval rating of 87% among the company's employees.

Who are MidWestOne Financial Group's major shareholders?

MidWestOne Financial Group's top institutional investors include MidWestOne Financial Group Inc. (26.64%), Dimensional Fund Advisors LP (4.49%), The Manufacturers Life Insurance Company (2.25%) and LSV Asset Management (0.96%). Insiders that own company stock include Charles N Reeves, Len D Devaisher, Larry D Albert, Janet E Godwin, Ruth Eliina Heinonen, Matthew J Hayek, Nathaniel J Kaeding, Jennifer Leigh Hauschildt and Charles N Funk.
View institutional ownership trends
.

How do I buy shares of MidWestOne Financial Group?

Shares of MOFG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of MidWestOne Financial Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that MidWestOne Financial Group investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), NIC (EGOV), Athabasca Oil (ATH) and Allergan (AGN).

This page (NASDAQ:MOFG) was last updated on 9/7/2024 by MarketBeat.com Staff

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