Headlines about Merchants Bancorp (NASDAQ:MBIN) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Merchants Bancorp earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 46.8353800024876 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the news articles that may have effected Accern’s rankings:
- Merchants Bancorp posts 4Q profit (finance.yahoo.com)
- Farmers & Merchants Bancorp beats by $0.02 (seekingalpha.com)
- Merchants Bancorp EPS of $0.73 (seekingalpha.com)
- Merchants Bancorp Reports Fourth Quarter and Full Year 2017 Results (finance.yahoo.com)
Merchants Bancorp (NASDAQ MBIN) traded up $0.03 on Friday, reaching $20.02. The company’s stock had a trading volume of 33,939 shares, compared to its average volume of 45,098. The company has a quick ratio of 0.66, a current ratio of 0.93 and a debt-to-equity ratio of 0.28. Merchants Bancorp has a 12-month low of $16.27 and a 12-month high of $22.00.
Merchants Bancorp (NASDAQ:MBIN) last released its earnings results on Thursday, December 7th. The company reported $0.45 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.46 by ($0.01). equities research analysts expect that Merchants Bancorp will post 2.14 earnings per share for the current fiscal year.
A number of research firms have commented on MBIN. SunTrust Banks restated a “buy” rating and issued a $23.00 target price on shares of Merchants Bancorp in a research report on Tuesday, January 9th. Stephens assumed coverage on Merchants Bancorp in a research note on Tuesday, November 21st. They issued an “overweight” rating and a $21.00 price objective for the company. Sandler O’Neill assumed coverage on Merchants Bancorp in a research note on Tuesday, November 21st. They issued a “buy” rating and a $21.00 price objective for the company. Raymond James Financial assumed coverage on Merchants Bancorp in a research note on Tuesday, November 21st. They set an “outperform” rating and a $20.00 target price for the company. Finally, Zacks Investment Research raised Merchants Bancorp from a “hold” rating to a “strong-buy” rating and set a $25.00 target price for the company in a research note on Wednesday, January 24th. Four investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $22.00.
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Merchants Bancorp Company Profile
Merchants Bancorp is a diversified bank holding bank. The Bank operate multiple lines of business with a focus on FHA multi-family housing and healthcare facility financing and servicing, mortgage warehouse financing, retail and correspondent residential mortgage banking, agricultural lending and traditional community banking.
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