MidWestOne Financial Group Inc

MidWestOne Financial Group Inc Stock Forecast & Price Prediction

Live MidWestOne Financial Group Inc Stock (MOFG) Price
$32.95

5

Ratings

  • Buy 2
  • Hold 3
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$32.95

P/E Ratio

14.43

Volume Traded Today

$48,300

Dividend

$0.2425

52 Week High/low

34.56/19.43

MidWestOne Financial Group Inc Market Cap

$684.5M

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MOFG Summary

Based on ratings from 5 stock analysts, the MidWestOne Financial Group Inc stock price is expected to increase by 1.67% in 12 months. This is calculated by using the average 12-month stock price forecast for MidWestOne Financial Group Inc. The lowest target is $31 and the highest is $38. Please note analyst price targets are not guaranteed and could be missed completely.

MOFG Analyst Ratings

About 5 Wall Street analysts have assignedMOFG 2 buy ratings, 3 hold ratings, and 0 sell ratings. This means that analysts expect MidWestOne Financial Group Inc to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on MOFG. 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.

MOFG stock forecast by analyst

These are the latest 20 analyst ratings of MOFG.

Analyst/Firm

Rating

Price Target

Change

Date

Nathan Race
Piper Sandler

Neutral

$31.5

Maintains

Oct 28, 2024
Nathan Race
Piper Sandler

Neutral

$30

Maintains

Jul 29, 2024
Damon Delmonte
Keefe, Bruyette & Woods

Market Perform

$28

Reiterates

Jul 29, 2024
Nathan Race
Piper Sandler

Neutral

$22

Maintains

Apr 29, 2024
Damon Delmonte
Keefe, Bruyette & Woods

Market Perform

$27

Maintains

Apr 5, 2024
Nathan Race
Piper Sandler

Neutral

$24

Assumes

Mar 13, 2024
Nathan Race
Piper Sandler

Overweight

$23

Maintains

Sep 28, 2023
Terry McEvoy
Stephens & Co.

Equal-Weight

$26

Reiterates

Sep 26, 2023

Stephens & Co.

Equal-Weight


Maintains

Aug 2, 2023
Terry McEvoy
Stephens & Co.

Equal-Weight

$25

Reiterates

May 1, 2023
Damon Delmonte
Keefe, Bruyette & Woods

Market Perform

$25

Maintains

May 1, 2023
Christopher Mcgratty
Keefe, Bruyette & Woods

Market Perform

$37

Downgrade

Dec 13, 2022

Piper Sandler

Overweight

$22

Maintains

Jun 30, 2020

Piper Sandler

Overweight

$23

Maintains

May 4, 2020

Keefe Bruyette & Woods

Outperform


Initiates

Apr 17, 2017

Keefe, Bruyette & Woods

Outperform


Initiates

Apr 17, 2017

PiperJaffray

Neutral


Initiates

Apr 6, 2017

Piper Sandler

Neutral


Initiates

Apr 6, 2017

DA Davidson

Neutral

$29

Maintains

Nov 24, 2014

Raymond James

Outperform


Upgrade

Jun 16, 2014

MOFG Company Information

What They Do: Provides commercial and retail banking services.

Business Model: The company operates as a bank holding company, generating revenue primarily through interest income on loans and fees from various banking services. It offers a wide range of deposit accounts and loans, catering to individuals, businesses, and governmental units, while also providing trust and investment services.

Other Information: Founded in 1934 and headquartered in Iowa City, Iowa, the company also emphasizes modern banking conveniences such as online and mobile banking, ensuring accessibility for its customers. Its diverse service offerings position it well within the financial services market.

When did it IPO

2008

Staff Count

732

Country

United States

Sector/Industry

Financial Services/Banks - Regional

CEO

Mr. Charles N. Reeves

Market Cap

$684.5M

MidWestOne Financial Group Inc (MOFG) Financial Data

In 2023, MOFG generated $162.6M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that MOFG'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

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

$162.6M

0.00 %
From Previous Year
  • Revenue TTM $36.7M
  • Operating Margin TTM 134.9%
  • Gross profit TTM $0
  • Return on assets TTM -1.1%
  • Return on equity TTM -13.8%
  • Profit Margin -201.5%
  • Book Value Per Share 27.06%
  • Market capitalisation $684.5M
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 $162.6M
  • EPS this year (TTM) $-4.69

MidWestOne Financial Group Inc (MOFG) Latest News

News Image

Fri, 25 Oct 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - MidWestOne Financial Group, Inc. (NASDAQ: MOFG) will host its Q3 2024 earnings conference call on October 25, 2024, at 12:00 PM ET, featuring key executives and analysts.

Why It Matters - The earnings conference call reveals insights into MidWestOne's financial performance and strategic direction, impacting stock valuation and investor sentiment.

News Image

Thu, 24 Oct 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - MidWestOne Financial Group, Inc. (Nasdaq: MOFG) announced its third quarter 2024 financial results on October 24, 2024. Further details on performance were not provided.

Why It Matters - MidWestOne Financial Group's quarterly results can impact stock performance, investor sentiment, and market expectations, influencing investment decisions in the financial sector.

News Image

Thu, 24 Oct 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

Summary - MidWestOne (MOFG) reported its quarterly performance for September 2024. Investors should compare key metrics against Wall Street estimates and prior year values for insights.

Why It Matters - Comparing MidWestOne's performance metrics to Wall Street estimates and previous year values aids in assessing growth potential and market position, influencing investment decisions.

News Image

Thu, 24 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - MidWestOne (MOFG) reported Q3 earnings of $0.58 per share, exceeding the Zacks Consensus estimate of $0.56, and matching the earnings from the same quarter last year.

Why It Matters - MidWestOne's earnings beat estimates, signaling strong performance and potential growth stability, which can positively influence investor confidence and stock valuation.

News Image

Fri, 11 Oct 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - MidWestOne Financial Group, Inc. will release its Q3 2024 financial results on October 24, 2024, and hold a conference call on October 25 at 11:00 a.m. CT.

Why It Matters - MidWestOne's upcoming earnings release and conference call could impact stock performance, providing insights into its financial health and strategy, influencing investor sentiment.

News Image

Wed, 09 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Zacks utilizes the Zacks Rank system, focusing on earnings estimates and revisions to identify strong stocks, while also considering value, growth, and momentum trends.

Why It Matters - Zacks' focus on earnings estimates and revisions signals potential stock performance, highlighting opportunities for investors to identify strong picks based on current market trends.

...

MOFG Frequently asked questions

The highest forecasted price for MOFG is $38 from at .

The lowest forecasted price for MOFG is $31 from from

The MOFG analyst ratings consensus are 2 buy ratings, 3 hold ratings, and 0 sell ratings.