How to buy Midland States Bancorp stock

Midland States Bancorp, Inc is a banks-regional business based in the US. Midland States Bancorp shares (MSBI) are listed on the NASDAQ and all prices are listed in US Dollars. Midland States Bancorp employs 863 staff and has a trailing 12-month revenue of around 0.00.

Midland States Bancorp share price

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

Midland States Bancorp shares at a glance

• Key figures

Information last updated 2021-04-21.

52-week range	$11.94 - $30.32
50-day moving average	$27.92
200-day moving average	$20.56
Wall St. target price	$31.25
PE ratio	29.9789
Dividend yield	$1.07 (3.82%)
Earnings per share (TTM)	$0.95

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Is it a good time to buy Midland States 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.

Technical Analysis of Midland States Bancorp, Inc by TradingView

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Is Midland States Bancorp under- or over-valued?

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

Midland States Bancorp's P/E ratio

Midland States 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 30x. In other words, Midland States Bancorp shares trade at around 30x recent earnings.

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

Midland States Bancorp's PEG ratio

Midland States Bancorp's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.2. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Midland States Bancorp's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Midland States Bancorp financials

Revenue TTM	$226.7 million
Operating margin TTM	34.93%
Gross profit TTM	$226.7 million
Return on assets TTM	0.35%
Return on equity TTM	3.51%
Profit margin	9.94%
Book value	$27.83
Market capitalisation	$641.6 million

TTM: trailing 12 months

Shorting Midland States Bancorp shares

There are currently 540,381 Midland States Bancorp shares held short by investors – that's known as Midland States Bancorp's "short interest". This figure is 6.6% up from 506,940 last month.

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

Midland States Bancorp's "short interest ratio" (SIR)

Midland States Bancorp's "short interest ratio" (SIR) is the quantity of Midland States Bancorp shares currently shorted divided by the average quantity of Midland States Bancorp shares traded daily (recently around 139633.33333333). Midland States Bancorp's SIR currently stands at 3.87. In other words for every 100,000 Midland States Bancorp shares traded daily on the market, roughly 3870 shares are currently held short.

However Midland States Bancorp's short interest can also be evaluated against the total number of Midland States Bancorp shares, or, against the total number of tradable Midland States Bancorp shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Midland States Bancorp's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Midland States Bancorp shares in existence, roughly 20 shares are currently held short) or 0.0251% of the tradable shares (for every 100,000 tradable Midland States Bancorp shares, roughly 25 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 Midland States Bancorp.

Find out more about how you can short Midland States Bancorp stock.

Midland States Bancorp share dividends

Dividend payout ratio: 53.86% of net profits

Recently Midland States Bancorp has paid out, on average, around 53.86% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.93% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Midland States Bancorp shareholders could enjoy a 3.93% return on their shares, in the form of dividend payments. In Midland States Bancorp's case, that would currently equate to about $1.07 per share.

Midland States Bancorp's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Midland States Bancorp's most recent dividend payout was on 18 February 2021. The latest dividend was paid out to all shareholders who bought their shares by 10 February 2021 (the "ex-dividend date").

Midland States Bancorp share price volatility

Over the last 12 months, Midland States Bancorp's shares have ranged in value from as little as $11.9357 up to $30.32. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Midland States Bancorp's is 1.0987. This would suggest that Midland States 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).

Midland States Bancorp overview

Midland States Bancorp, Inc. operates as a financial holding company for Midland States Bank that provides various banking products and services to individuals, businesses, municipalities, and other entities. It operates through Banking, Wealth Management, and Other segments. The company accepts various deposits, such as checking, savings, money market, and sweep accounts, as well as certificates of deposits. It also offers term loans to purchase capital equipment; lines of credit for working capital and operational purposes; commercial real estate loans for owner occupied and non-owner occupied commercial property, as well as farmland loans; construction and land development loans developers of commercial real estate investment properties, residential developments, individual clients for construction of single family homes, as well as to construct owner-user properties; and residential real estate loans and home equity lines of credit. . In addition, the company provides consumer installment loans for the purchase of cars, boats, and other recreational vehicles, as well as for the purchase of major appliances and other home improvement projects; commercial equipment leasing; and trust and wealth management products and services, including financial and estate planning, trustee and custodial services, investment management, tax and insurance planning, business planning, corporate retirement plan consulting and administration, and retail brokerage services.

Frequently asked questions

• What percentage of Midland States Bancorp is owned by insiders or institutions?

  Currently 6.898% of Midland States Bancorp shares are held by insiders and 57.062% by institutions.

• How many people work for Midland States Bancorp?

  Latest data suggests 863 work at Midland States Bancorp.

• When does the fiscal year end for Midland States Bancorp?

  Midland States Bancorp's fiscal year ends in December.

• Where is Midland States Bancorp based?

  Midland States Bancorp's address is: 1201 Network Centre Drive, Effingham, IL, United States, 62401

• What is Midland States Bancorp's ISIN number?

  Midland States Bancorp's international securities identification number is: US5977421057

• What is Midland States Bancorp's CUSIP number?

  Midland States Bancorp's Committee on Uniform Securities Identification Procedures number is: 597742105