Investor’s Delight: Merchants Bancorp (MBIN) Closes Weak at 42.62, Down -10.48

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The closing price of Merchants Bancorp (NASDAQ: MBIN) was $42.62 for the day, down -10.48% from the previous closing price of $47.61. In other words, the price has decreased by -$10.48 from its previous closing price. On the day, 1.83 million shares were traded. MBIN stock price reached its highest trading level at $43.35 during the session, while it also had its lowest trading level at $42.165.

Ratios:

Our analysis of MBIN’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 1.04 whereas as Long-Term Debt/Eq ratio is at 1.00.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 14 ’23 when Rogers Randall D. sold 237,894 shares for $32.18 per share. The transaction valued at 7,654,850 led to the insider holds 0 shares of the business.

Rogers Randall D. sold 21,157 shares of MBIN for $671,735 on Nov 06 ’23. The Vice Chairman now owns 57,894 shares after completing the transaction at $31.75 per share. On Nov 03 ’23, another insider, Rogers Randall D., who serves as the Vice Chairman of the company, sold 138,114 shares for $31.61 each. As a result, the insider received 4,366,436 and left with 63,298 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MBIN now has a Market Capitalization of 2064116352 and an Enterprise Value of 3491608064. As of this moment, Merchants’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.69, and their Forward P/E ratio for the next fiscal year is 6.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.42 while its Price-to-Book (P/B) ratio in mrq is 1.45. Its current Enterprise Value per Revenue stands at 6.045.

Stock Price History:

Over the past 52 weeks, MBIN has reached a high of $48.68, while it has fallen to a 52-week low of $22.66. The 50-Day Moving Average of the stock is 1.72%, while the 200-Day Moving Average is calculated to be 17.90%.

Shares Statistics:

MBIN traded an average of 134.38K shares per day over the past three months and 327080 shares per day over the past ten days. A total of 43.24M shares are outstanding, with a floating share count of 16.91M. Insiders hold about 61.00% of the company’s shares, while institutions hold 27.25% stake in the company. Shares short for MBIN as of 1714435200 were 627381 with a Short Ratio of 4.67, compared to 1711584000 on 325737. Therefore, it implies a Short% of Shares Outstanding of 627381 and a Short% of Float of 2.4.

Dividends & Splits

With its trailing 12-month dividend rate of 0.33, MBIN has a forward annual dividend rate of 0.33. Against a Trailing Annual Dividend Yield of 0.006931317The stock’s 5-year Average Dividend Yield is 1.15.

Earnings Estimates

The market rating for Merchants Bancorp (MBIN) is a result of the insights provided by 2.0 analysts actively involved in the assessment.On average, analysts expect EPS of $1.61 for the current quarter, with a high estimate of $1.68 and a low estimate of $1.53, while EPS last year was $1.31. The consensus estimate for the next quarter is $1.63, with high estimates of $1.71 and low estimates of $1.54.

Analysts are recommending an EPS of between $6.79 and $6.41 for the fiscal current year, implying an average EPS of $6.6. EPS for the following year is $6.45, with 2.0 analysts recommending between $7.04 and $5.85.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 2 analysts. It ranges from a high estimate of $163M to a low estimate of $158.1M. As of the current estimate, Merchants Bancorp’s year-ago sales were $135.5MFor the next quarter, 2 analysts are estimating revenue of $163.8M. There is a high estimate of $168M for the next quarter, whereas the lowest estimate is $159.6M.

A total of 2 analysts have provided revenue estimates for MBIN’s current fiscal year. The highest revenue estimate was $664M, while the lowest revenue estimate was $645.4M, resulting in an average revenue estimate of $654.7M. In the same quarter a year ago, actual revenue was $522.51MBased on 2 analysts’ estimates, the company’s revenue will be $670.65M in the next fiscal year. The high estimate is $710M and the low estimate is $631.3M.

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