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.
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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.