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How to buy MidWestOne Financial Group stock

Own MidWestOne Financial Group stock in just a few minutes.

Fact checked

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.

How to buy shares in MidWestOne Financial Group

  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 MidWestOne Financial Group. Find the stock by name or ticker symbol: MOFG. 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 MidWestOne Financial Group 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. 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 MidWestOne Financial Group, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of MidWestOne Financial Group. 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.

MidWestOne Financial Group share price

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

MidWestOne Financial Group shares at a glance

Information last updated 2021-02-23.
52-week rangeUSD$14.7765 - USD$31.8076
50-day moving average USD$26.735
200-day moving average USD$22.766
Wall St. target priceUSD$29.4
PE ratio 70.0488
Dividend yield USD$0.88 (3.07%)
Earnings per share (TTM) USD$0.41

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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.

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 70x. In other words, MidWestOne Financial Group shares trade at around 70x 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.

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 USD$163.2 million
Operating margin TTM 32.97%
Gross profit TTM USD$163.2 million
Return on assets TTM 0.13%
Return on equity TTM 1.29%
Profit margin 4.06%
Book value $32.169
Market capitalisation USD$460 million

TTM: trailing 12 months

Shorting MidWestOne Financial Group shares

There are currently 135,950 MidWestOne Financial Group shares held short by investors – that's known as MidWestOne Financial Group's "short interest". This figure is 4.4% down from 142,186 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 43158.73015873). MidWestOne Financial Group's SIR currently stands at 3.15. In other words for every 100,000 MidWestOne Financial Group shares traded daily on the market, roughly 3150 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 0.0087% of the tradable shares (for every 100,000 tradable MidWestOne Financial Group shares, roughly 9 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

37%

Dividend payout ratio: 36.99% of net profits

Recently MidWestOne Financial Group has paid out, on average, around 36.99% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.14% 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 3.14% return on their shares, in the form of dividend payments. In MidWestOne Financial Group's case, that would currently equate to about $0.88 per share.

While MidWestOne Financial Group's payout ratio might seem fairly standard, it's worth remembering that MidWestOne Financial Group may be investing much of the rest of its net profits in future growth.

MidWestOne Financial Group's most recent dividend payout was on 15 March 2021. The latest dividend was paid out to all shareholders who bought their shares by 26 February 2021 (the "ex-dividend date").

MidWestOne Financial Group share price volatility

Over the last 12 months, MidWestOne Financial Group's shares have ranged in value from as little as $14.7765 up to $31.8076. A popular way to gauge a stock's volatility is its "beta".

MOFG.US volatility(beta: 1.01)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 1.0107. This would suggest that MidWestOne Financial Group'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).

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, institutional customers, and government agencies. It offers deposit products, such as non-interest-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 residential real estate, commercial and industrial, agricultural, consumer, and credit card 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 banking, mobile banking, and safe deposit boxes. It offers its products and services primarily through a network of full-service branches, including 56 branches located in Iowa, Minnesota, Wisconsin, Florida, and Colorado. MidWestOne Financial Group, Inc. was incorporated in 1983 and is headquartered in Iowa City, Iowa.

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