MutualFirst Financial (NASDAQ:MFSF) is scheduled to post its quarterly earnings results before the market opens on Monday, April 23rd. Analysts expect MutualFirst Financial to post earnings of $0.46 per share for the quarter.
MutualFirst Financial (NASDAQ:MFSF) last issued its quarterly earnings data on Friday, February 2nd. The bank reported $0.46 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.49 by ($0.03). The firm had revenue of $17.04 million during the quarter, compared to the consensus estimate of $17.20 million. MutualFirst Financial had a net margin of 16.00% and a return on equity of 9.71%. On average, analysts expect MutualFirst Financial to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Shares of NASDAQ:MFSF opened at $37.00 on Monday. The stock has a market capitalization of $315.99, a P/E ratio of 19.37, a PEG ratio of 3.10 and a beta of 0.21. MutualFirst Financial has a fifty-two week low of $31.05 and a fifty-two week high of $40.50. The company has a debt-to-equity ratio of 1.47, a quick ratio of 1.00 and a current ratio of 1.00.
The business also recently announced a quarterly dividend, which was paid on Friday, March 23rd. Shareholders of record on Friday, March 9th were paid a dividend of $0.18 per share. The ex-dividend date of this dividend was Thursday, March 8th. This represents a $0.72 annualized dividend and a yield of 1.95%. MutualFirst Financial’s payout ratio is 37.70%.
Several research firms have commented on MFSF. BidaskClub raised shares of MutualFirst Financial from a “sell” rating to a “hold” rating in a research note on Wednesday, March 21st. Zacks Investment Research cut shares of MutualFirst Financial from a “buy” rating to a “hold” rating in a research note on Wednesday, February 28th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $39.00 target price on shares of MutualFirst Financial in a research report on Friday, December 22nd. Five analysts have rated the stock with a hold rating, The company presently has a consensus rating of “Hold” and a consensus price target of $38.67.
In other MutualFirst Financial news, Director Michael J. Marien sold 2,200 shares of MutualFirst Financial stock in a transaction that occurred on Friday, March 16th. The shares were sold at an average price of $36.50, for a total value of $80,300.00. Following the completion of the sale, the director now directly owns 51,928 shares in the company, valued at $1,895,372. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Michael J. Marien sold 3,578 shares of MutualFirst Financial stock in a transaction that occurred on Monday, March 19th. The shares were sold at an average price of $36.51, for a total transaction of $130,632.78. Following the completion of the sale, the director now owns 51,928 shares of the company’s stock, valued at $1,895,891.28. The disclosure for this sale can be found here. Insiders sold 12,734 shares of company stock valued at $464,490 over the last quarter. Corporate insiders own 11.30% of the company’s stock.
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About MutualFirst Financial
MutualFirst Financial, Inc (MutualFirst) is the bank holding company of MutualBank (MutualBank or the Bank). The Bank offers financial services through approximately 30 full service retail financial center offices in Allen, Delaware, Elkhart, Grant, Kosciusko, Randolph, Saint Joseph and Wabash counties in Indiana.
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