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How to buy MidWestOne Financial Group stock | $31.32

Learn how to easily invest in MidWestOne Financial Group stock.

MidWestOne Financial Group Inc is a banks-regional business based in the US. MidWestOne Financial Group shares (MOFG) are listed on the NASDAQ and all prices are listed in US Dollars. MidWestOne Financial Group employs 757 staff and has a trailing 12-month revenue of around 0.00.

How to buy shares in MidWestOne Financial Group

  1. Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – MOFG – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

MidWestOne Financial Group stock price (NASDAQ: MOFG)

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

MidWestOne Financial Group shares at a glance

Information last updated 2021-10-24.
Latest market close$31.32
52-week range$19.15 - $33.18
50-day moving average $29.86
200-day moving average $30.02
Wall St. target price$33.20
PE ratio 13.9275
Dividend yield $0.89 (2.9%)
Earnings per share (TTM) $2.23

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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 MidWestOne Financial Group 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.

MidWestOne Financial Group price performance over time

Historical closes compared with the close of $31.32 from 2021-10-25

1 week (2021-10-19) 2.72%
1 month (2021-09-27) 3.03%
3 months (2021-07-27) 7.11%
6 months (2021-04-27) 1.52%
1 year (2020-10-26) 45.40%
2 years (2019-10-25) 0.97%
3 years (2018-10-26) 10.67%
5 years (2016-10-26) 2.96%

Is MidWestOne Financial Group under- or over-valued?

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

MidWestOne Financial Group's P/E ratio

MidWestOne Financial Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 14x. In other words, MidWestOne Financial Group shares trade at around 14x 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.

MidWestOne Financial Group's PEG ratio

MidWestOne Financial Group's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.52. 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 MidWestOne Financial Group's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

MidWestOne Financial Group financials

Revenue TTM $201.1 million
Operating margin TTM 45.94%
Gross profit TTM $163.2 million
Return on assets TTM 0.65%
Return on equity TTM 6.81%
Profit margin 17.8%
Book value $33.22
Market capitalisation $493.7 million

TTM: trailing 12 months

Shorting MidWestOne Financial Group shares

There are currently 97,543 MidWestOne Financial Group shares held short by investors – that's known as MidWestOne Financial Group's "short interest". This figure is 24.8% down from 129,657 last month.

There are a few different ways that this level of interest in shorting MidWestOne Financial Group shares can be evaluated.

MidWestOne Financial Group's "short interest ratio" (SIR)

MidWestOne Financial Group's "short interest ratio" (SIR) is the quantity of MidWestOne Financial Group shares currently shorted divided by the average quantity of MidWestOne Financial Group shares traded daily (recently around 41685.042735043). MidWestOne Financial Group's SIR currently stands at 2.34. In other words for every 100,000 MidWestOne Financial Group shares traded daily on the market, roughly 2340 shares are currently held short.

However MidWestOne Financial Group's short interest can also be evaluated against the total number of MidWestOne Financial Group shares, or, against the total number of tradable MidWestOne Financial Group shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case MidWestOne Financial Group's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 MidWestOne Financial Group shares in existence, roughly 10 shares are currently held short) or 0.0063% of the tradable shares (for every 100,000 tradable MidWestOne Financial Group shares, roughly 6 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 MidWestOne Financial Group.

Find out more about how you can short MidWestOne Financial Group stock.

MidWestOne Financial Group share dividends

21%

Dividend payout ratio: 21.31% of net profits

Recently MidWestOne Financial Group has paid out, on average, around 21.31% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.89% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), MidWestOne Financial Group shareholders could enjoy a 2.89% return on their shares, in the form of dividend payments. In MidWestOne Financial Group's case, that would currently equate to about $0.89 per share.

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

MidWestOne Financial Group's most recent dividend payout was on 14 September 2021. The latest dividend was paid out to all shareholders who bought their shares by 30 August 2021 (the "ex-dividend date").

Have MidWestOne Financial Group's shares ever split?

MidWestOne Financial Group's shares were split on a 3:1 basis on 20 August 2006. So if you had owned 1 share the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your MidWestOne Financial Group shares – just the quantity. However, indirectly, the new 66.7% lower share price could have impacted the market appetite for MidWestOne Financial Group shares which in turn could have impacted MidWestOne Financial Group's share price.

MidWestOne Financial Group share price volatility

Over the last 12 months, MidWestOne Financial Group's shares have ranged in value from as little as $19.1525 up to $33.1839. A popular way to gauge a stock's volatility is its "beta".

MOFG.US volatility(beta: 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 MidWestOne Financial Group's is 0.9984. This would suggest that MidWestOne Financial Group's shares are less volatile than average (for this exchange).

MidWestOne Financial Group overview

MidWestOne Financial Group, Inc. operates as the bank holding company for MidWestOne Bank that provides commercial and retail banking products and services to individuals, businesses, governmental units, and institutional customers. It offers deposit products, such as noninterest bearing and interest-bearing demand deposit accounts, interest checking accounts, savings accounts, money market accounts, certificates of deposit, and time deposits. The company also provides commercial and industrial, commercial and residential real estate, agricultural, and credit card loans, as well as consumer loans, such as personal and automobile loans. In addition, it offers various trust and investment services, including administering estates, personal trusts, and conservatorships, as well as property management, farm management, investment advisory, retail securities brokerage, financial planning, securities trading, mutual funds sales, fixed and variable annuities and tax-exempt, conventional unit trusts, and custodial services. Further, the company provides other products and services comprising treasury management, debit cards, automated teller machines, online and mobile banking, and safe deposit boxes. It offers its products and services primarily through a network of 56 banking offices located in central and eastern Iowa, the Minneapolis/St.

Frequently asked questions

What percentage of MidWestOne Financial Group is owned by insiders or institutions?
Currently 7.803% of MidWestOne Financial Group shares are held by insiders and 64.258% by institutions.
How many people work for MidWestOne Financial Group?
Latest data suggests 757 work at MidWestOne Financial Group.
When does the fiscal year end for MidWestOne Financial Group?
MidWestOne Financial Group's fiscal year ends in December.
Where is MidWestOne Financial Group based?
MidWestOne Financial Group's address is: 102 South Clinton Street, Iowa City, IA, United States, 52240
What is MidWestOne Financial Group's ISIN number?
MidWestOne Financial Group's international securities identification number is: US5985111039
What is MidWestOne Financial Group's CUSIP number?
MidWestOne Financial Group's Committee on Uniform Securities Identification Procedures number is: 598511103

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