What is DA Davidson’s Estimate for MSBI Q1 Earnings?

Midland States Bancorp, Inc. (NASDAQ:MSBI) – Investment analysts at DA Davidson issued their Q1 2025 earnings per share estimates for Midland States Bancorp in a report issued on Tuesday, January 28th. DA Davidson analyst J. Rulis forecasts that the financial services provider will earn $0.52 per share for the quarter. DA Davidson currently has a “Neutral” rating and a $21.00 target price on the stock. The consensus estimate for Midland States Bancorp’s current full-year earnings is $2.16 per share.

Midland States Bancorp (NASDAQ:MSBI) last issued its quarterly earnings data on Thursday, January 23rd. The financial services provider reported ($2.52) EPS for the quarter, missing analysts’ consensus estimates of $0.67 by ($3.19). Midland States Bancorp had a return on equity of 8.90% and a net margin of 12.13%.

Several other research firms have also recently weighed in on MSBI. StockNews.com cut shares of Midland States Bancorp from a “buy” rating to a “hold” rating in a research report on Friday, January 24th. Piper Sandler dropped their target price on Midland States Bancorp from $28.50 to $23.00 and set a “neutral” rating for the company in a research report on Tuesday. Finally, Keefe, Bruyette & Woods decreased their price target on Midland States Bancorp from $28.00 to $23.00 and set a “market perform” rating on the stock in a report on Monday. Five equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $23.50.

Midland States Bancorp Price Performance

Shares of MSBI stock opened at $19.81 on Wednesday. Midland States Bancorp has a 1 year low of $18.75 and a 1 year high of $28.08. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.79. The firm’s 50 day moving average is $24.70 and its 200-day moving average is $23.83. The firm has a market capitalization of $423.93 million, a price-to-earnings ratio of 8.58 and a beta of 0.76.

Midland States Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, November 25th. Investors of record on Monday, November 18th were paid a dividend of $0.31 per share. The ex-dividend date was Monday, November 18th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 6.26%. Midland States Bancorp’s dividend payout ratio (DPR) is presently 53.68%.

Hedge Funds Weigh In On Midland States Bancorp

Several hedge funds have recently added to or reduced their stakes in MSBI. Point72 DIFC Ltd acquired a new position in shares of Midland States Bancorp during the 3rd quarter worth about $31,000. R Squared Ltd bought a new position in Midland States Bancorp during the 4th quarter worth approximately $39,000. Point72 Asset Management L.P. acquired a new position in Midland States Bancorp during the third quarter valued at approximately $45,000. Quantbot Technologies LP increased its stake in Midland States Bancorp by 25.8% in the third quarter. Quantbot Technologies LP now owns 2,475 shares of the financial services provider’s stock valued at $55,000 after purchasing an additional 507 shares in the last quarter. Finally, US Bancorp DE raised its holdings in Midland States Bancorp by 141.6% in the third quarter. US Bancorp DE now owns 3,803 shares of the financial services provider’s stock worth $85,000 after purchasing an additional 2,229 shares during the period. Institutional investors and hedge funds own 60.93% of the company’s stock.

Midland States Bancorp Company Profile

Midland States Bancorp, Inc operates as a financial holding company for Midland States Bank that provides various banking products and services to individuals, businesses, municipalities, and other entities. It operates through Banking, Wealth Management, and Other segments. The company provides a range of financial products and services to consumers and businesses, including commercial loans to finance agricultural equipment and production; and commercial real estate loans for owner occupied offices, warehouses and production facilities, office buildings, hotels, mixed-use residential and commercial facilities, retail centers, multifamily properties, and assisted living facilities.