Wall Street analysts expect that MutualFirst Financial, Inc. (NASDAQ:MFSF) will report earnings per share (EPS) of $0.65 for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for MutualFirst Financial’s earnings, with the lowest EPS estimate coming in at $0.63 and the highest estimate coming in at $0.67. MutualFirst Financial reported earnings per share of $0.46 in the same quarter last year, which suggests a positive year-over-year growth rate of 41.3%. The company is scheduled to announce its next earnings results on Friday, February 1st.
According to Zacks, analysts expect that MutualFirst Financial will report full year earnings of $2.26 per share for the current financial year, with EPS estimates ranging from $2.23 to $2.28. For the next financial year, analysts expect that the business will report earnings of $2.67 per share, with EPS estimates ranging from $2.62 to $2.73. Zacks’ earnings per share calculations are a mean average based on a survey of research firms that cover MutualFirst Financial.
MutualFirst Financial (NASDAQ:MFSF) last announced its quarterly earnings data on Thursday, October 25th. The bank reported $0.64 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.66 by ($0.02). The firm had revenue of $21.46 million for the quarter, compared to the consensus estimate of $21.65 million. MutualFirst Financial had a net margin of 16.27% and a return on equity of 10.57%.
Shares of MFSF stock traded down $0.73 on Friday, hitting $35.02. 3,745 shares of the stock traded hands, compared to its average volume of 8,715. The company has a market capitalization of $306.31 million, a price-to-earnings ratio of 18.34, a PEG ratio of 2.99 and a beta of 0.14. MutualFirst Financial has a 52 week low of $33.66 and a 52 week high of $40.00. The company has a debt-to-equity ratio of 1.46, a current ratio of 0.98 and a quick ratio of 0.98.
In other MutualFirst Financial news, Director Mark L. Barkley sold 5,000 shares of MutualFirst Financial stock in a transaction on Wednesday, November 7th. The shares were sold at an average price of $35.49, for a total value of $177,450.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 11.30% of the company’s stock.
A number of hedge funds and other institutional investors have recently made changes to their positions in MFSF. PNC Financial Services Group Inc. bought a new stake in MutualFirst Financial in the 2nd quarter valued at $882,000. Renaissance Technologies LLC increased its holdings in MutualFirst Financial by 8.9% in the 2nd quarter. Renaissance Technologies LLC now owns 232,347 shares of the bank’s stock valued at $8,771,000 after acquiring an additional 18,947 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in MutualFirst Financial by 2.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 446,609 shares of the bank’s stock valued at $16,190,000 after acquiring an additional 9,736 shares during the last quarter. Rhumbline Advisers bought a new stake in MutualFirst Financial in the 2nd quarter valued at $209,000. Finally, BlackRock Inc. increased its holdings in MutualFirst Financial by 1.3% in the 3rd quarter. BlackRock Inc. now owns 302,775 shares of the bank’s stock valued at $11,157,000 after acquiring an additional 3,935 shares during the last quarter. Institutional investors own 46.64% of the company’s stock.
About MutualFirst Financial
MutualFirst Financial, Inc operates as the bank holding company for MutualBank that provides various financial services in the United States. It accepts savings deposit, NOW, and demand accounts, as well as certificates of deposit. The company offers one-to four-family residential property, commercial real estate, construction and development, and commercial business loans; consumer loans, such as auto loans, boat and recreational vehicle loans, loans secured by savings deposits, and credit card and unsecured consumer loans; and adjustable rate loans.
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