Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Middlefield Banc Corp Market Cap
The Middlefield Banc Corp (MBCN) share price is expected to decrease by 1.08% over the next year. This is based on calculating the average 12-month share price estimate provided by 4 stock analysts who have covered MBCN. Price targets range from $29 at the low end to $32 at the high end. The current analyst consensus for MBCN is a hold. Please note analyst price targets are not guaranteed and could be missed completely.
About 4 Wall Street analysts have assigned MBCN 0 buy ratings, 4 hold ratings, and 0 sell ratings. This means that analysts expect Middlefield Banc Corp to generate similar returns as the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on MBCN. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of MBCN.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Timothy Switzer Keefe, Bruyette & Woods | Market Perform | $32 | Maintains | Dec 4, 2024 |
| Timothy Switzer Keefe, Bruyette & Woods | Market Perform | $25 | Reiterates | May 2, 2024 |
| Daniel Tamayo Raymond James | Market Perform | Initiates | Aug 31, 2023 | |
| Daniel Cardenas Janney Montgomery Scott | Neutral | $30 | Initiates | Dec 21, 2022 |
Keefe, Bruyette & Woods | Market Perform | $38 | Maintains | Aug 1, 2016 |
Keefe Bruyette & Woods | Market Perform | Maintains | Aug 1, 2016 | |
Keefe Bruyette & Woods | Market Perform | Initiates | Sep 22, 2015 | |
Keefe, Bruyette & Woods | Market Perform | Initiates | Sep 22, 2015 |
When did it IPO
2003
Staff Count
256
Country
United States
Sector/Industry
Financial Services/Banks - Regional
CEO
Mr. Ronald L. Zimmerly Jr.
Market Cap
$250.2M
In 2023, MBCN generated $71.9M in revenue, which was a increase of 26.30% from the previous year. This can be seen as a signal that MBCN's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Mon, 18 Nov 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Middlefield Banc Corp. (NASDAQ: MBCN) declared a quarterly cash dividend of $0.20 per share, payable on December 13, 2024, to shareholders of record on November 29, 2024.
Why It Matters - Middlefield Banc Corp's dividend declaration signals financial stability and shareholder value, potentially attracting income-focused investors and impacting stock demand.
Thu, 17 Oct 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Middlefield Banc Corp. (NASDAQ: MBCN) released its financial results for the nine months ending September 30, 2024, as of October 17, 2024.
Why It Matters - Middlefield Banc Corp.'s financial results can indicate its performance and growth potential, influencing stock valuation and investment decisions.
Thu, 17 Oct 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - Middlefield Banc Corp. (MBCN) reported Q3 earnings of $0.29 per share, below the Zacks Consensus Estimate of $0.47 and down from $0.47 per share year-over-year.
Why It Matters - Middlefield Banc Corp.'s earnings miss indicates potential financial weakness, which may lead to decreased investor confidence and affect stock performance.
Thu, 17 Oct 2024
Sentiment - NEUTRAL
Source - Zacks Investment Research
Summary - Middlefield Banc (MBCN) reported its quarterly financial results for September 2024, highlighting key metrics for comparison against Wall Street estimates and previous year values.
Why It Matters - Comparing Middlefield Banc's performance metrics to Wall Street estimates and previous years can indicate growth trends, financial health, and market positioning, influencing investment decisions.
Tue, 08 Oct 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - MPLX, FMC, and MBCN were added to the Zacks Rank #1 (Strong Buy) income stocks list on October 8, 2024.
Why It Matters - MPLX, FMC, and MBCN gaining Zacks Rank #1 indicates strong performance potential, suggesting attractive investment opportunities for income-focused investors.
Thu, 03 Oct 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Middlefield Banc (MBCN) has been upgraded to a Zacks Rank #1 (Strong Buy) due to increasing optimism about its earnings prospects, indicating potential for stock price growth.
Why It Matters - MBCN's Zacks Rank #1 indicates strong earnings potential, suggesting increased investor confidence and potential price appreciation, impacting investment decisions positively.
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