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How to buy Merchants Bancorp stock | $27.63

Own Merchants Bancorp stock in just a few minutes.

Fact checked

Merchants Bancorp is a banks-regional business based in the US. Merchants Bancorp shares (MBIN) are listed on the NASDAQ and all prices are listed in US Dollars. Merchants Bancorp employs 329 staff and has a trailing 12-month revenue of around USD$290.3 million.

How to buy shares in Merchants Bancorp

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Merchants Bancorp. Find the stock by name or ticker symbol: MBIN. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Merchants Bancorp reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$27.63, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Merchants Bancorp, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Merchants Bancorp. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Merchants Bancorp share price

Use our graph to track the performance of MBIN stocks over time.

Merchants Bancorp shares at a glance

Information last updated 2020-12-28.
Latest market closeUSD$27.63
52-week rangeUSD$12.2255 - USD$30.845
50-day moving average USD$27.1742
200-day moving average USD$21.2605
Wall St. target priceUSD$34.67
PE ratio 5.8755
Dividend yield USD$0.32 (1.15%)
Earnings per share (TTM) USD$4.74

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Merchants Bancorp stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Merchants Bancorp price performance over time

Historical closes compared with the close of $27.63 from 2020-12-31

1 week (2021-01-13) -10.93%
1 month (2020-12-23) -1.74%
3 months (2020-10-20) 26.34%
6 months (2020-07-20) 67.15%
1 year (2020-01-19) N/A
2 years (2019-01-19) N/A
3 years (2018-01-19) 27.44%
5 years (2016-01-19) N/A

Is Merchants Bancorp under- or over-valued?

Valuing Merchants Bancorp stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Merchants Bancorp's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Merchants Bancorp's P/E ratio

Merchants Bancorp's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 6x. In other words, Merchants Bancorp shares trade at around 6x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Merchants Bancorp financials

Revenue TTM USD$290.3 million
Operating margin TTM 71.97%
Gross profit TTM USD$165.4 million
Return on assets TTM 1.9%
Return on equity TTM 21.75%
Profit margin 51.96%
Book value $18.942
Market capitalisation USD$800.6 million

TTM: trailing 12 months

Shorting Merchants Bancorp shares

There are currently 109,974 Merchants Bancorp shares held short by investors – that's known as Merchants Bancorp's "short interest". This figure is 21.3% down from 139,762 last month.

There are a few different ways that this level of interest in shorting Merchants Bancorp shares can be evaluated.

Merchants Bancorp's "short interest ratio" (SIR)

Merchants Bancorp's "short interest ratio" (SIR) is the quantity of Merchants Bancorp shares currently shorted divided by the average quantity of Merchants Bancorp shares traded daily (recently around 73808.053691275). Merchants Bancorp's SIR currently stands at 1.49. In other words for every 100,000 Merchants Bancorp shares traded daily on the market, roughly 1490 shares are currently held short.

However Merchants Bancorp's short interest can also be evaluated against the total number of Merchants Bancorp shares, or, against the total number of tradable Merchants Bancorp shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Merchants Bancorp's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Merchants Bancorp shares in existence, roughly 0 shares are currently held short) or 0.0067% of the tradable shares (for every 100,000 tradable Merchants Bancorp shares, roughly 7 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Merchants Bancorp.

Find out more about how you can short Merchants Bancorp stock.

Merchants Bancorp share dividends

7%

Dividend payout ratio: 6.74% of net profits

Recently Merchants Bancorp has paid out, on average, around 6.74% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.15% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Merchants Bancorp shareholders could enjoy a 1.15% return on their shares, in the form of dividend payments. In Merchants Bancorp's case, that would currently equate to about $0.32 per share.

While Merchants Bancorp's payout ratio might seem low, this can signify that Merchants Bancorp is investing more in its future growth.

Merchants Bancorp's most recent dividend payout was on 4 January 2021. The latest dividend was paid out to all shareholders who bought their shares by 14 December 2020 (the "ex-dividend date").

Merchants Bancorp share price volatility

Over the last 12 months, Merchants Bancorp's shares have ranged in value from as little as $12.2255 up to $30.845. A popular way to gauge a stock's volatility is its "beta".

MBIN.US volatility(beta: 1.1)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Merchants Bancorp's is 1.1035. This would suggest that Merchants Bancorp's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Merchants Bancorp overview

Merchants Bancorp operates as the diversified bank holding company in the United States. The company operates through Multi-family Mortgage Banking, Mortgage Warehousing, and Banking segments. The Multi-family Mortgage Banking segment originates and services government sponsored mortgages for multi-family and healthcare facilities. The Mortgage Warehousing segment funds agency eligible residential loans, including origination, purchase, and sale in the secondary market, as well as commercial loans to non-depository financial institutions. The Banking segment offers a range of financial products and services to consumers and businesses, such as various types of deposit products comprising checking, savings, money market, certificates of deposit, and time deposit accounts, as well as other retail banking products; multi-family construction and bridge, commercial real estate, commercial and industrial, residential mortgage, and consumer loan products; and letters of credit, as well as engages in the agricultural lending, small business administration lending, single-family mortgage lending, and correspondent lending and servicing businesses. It operates 16 branches in Indiana, Illinois, Florida, New York, and Minnesota. Merchants Bancorp was founded in 1990 and is headquartered in Carmel, Indiana.

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