First Merchants Corporation

27.38-0.2500-0.90%Vol 168.53K1Y Perf -32.58%
Sep 22nd, 2023 16:00 DELAYED
BID26.90 ASK27.88
Open27.69 Previous Close27.63
Pre-Market- After-Market27.38
 - -  - -%
Target Price
50.25 
Analyst Rating
Strong Buy 1.25
Potential %
83.53 
Finscreener Ranking
★★★★     52.65
Insiders Trans % 3/6/12 mo.
-50/14/38 
Value Ranking
★★★     51.12
Insiders Value % 3/6/12 mo.
-100/-99/-99 
Growth Ranking
★★★★     60.40
Insiders Shares Cnt. % 3/6/12 mo.
-100/-99/-99 
Income Ranking
★★★+     49.68
Price Range Ratio 52W %
13.94 
Earnings Rating
Sell
Market Cap1.64B 
Earnings Date
24th Oct 2023
Alpha-0.01 Standard Deviation0.10
Beta1.09 

Today's Price Range

27.2727.69

52W Range

24.5245.04

5 Year PE Ratio Range

6.6023.80

Summary:

Sell

Technical Indicators: Sell
Moving Averages: Strong Sell
Performance
1 Week
-5.49%
1 Month
-7.69%
3 Months
-0.87%
6 Months
-16.90%
1 Year
-32.58%
3 Years
26.38%
5 Years
-42.67%
10 Years
63.84%

TickerPriceChg.Chg.%
FRME27.38-0.2500-0.90
AAPL174.790.86000.49
GOOG131.25-0.1100-0.08
MSFT317.01-2.5200-0.79
XOM114.940.18000.16
WFC41.23-1.0900-2.58
JNJ160.50-1.1600-0.72
FB196.640.99000.51
GE111.25-1.7400-1.54
JPM145.73-1.4100-0.96
ProfitabilityValueIndustryS&P 500US Markets
-
-
-
42.20
30.40
RevenueValueIndustryS&P 500US Markets
497.82M
8.36
2.65
10.49
DividendsValueIndustryS&P 500US Markets
3.07
1.28
7.46
13.44
Payout ratio31.00
Earnings HistoryEstimateReportedSurprise %
Q02 20231.041.02-1.92
Q01 20231.161.07-7.76
Q04 20221.171.191.71
Q03 20221.101.121.82
Q02 20220.881.0114.77
Q01 20220.870.881.15
Q04 20210.940.89-5.32
Q03 20210.920.986.52
Earnings Per EndEstimateRevision %Trend
9/2023 QR0.96-8.57Negative
12/2023 QR0.90-12.62Negative
12/2023 FY3.95-5.28Negative
12/2024 FY3.42-11.63Negative
Next Report Date24th Oct 2023
Estimated EPS Next Report0.96
Estimates Count3
EPS Growth Next 5 Years %-
Volume Overview
Volume168.53K
Shares Outstanding59.73K
Shares Float58.94M
Trades Count4.44K
Dollar Volume4.62M
Avg. Volume188.47K
Avg. Weekly Volume205.01K
Avg. Monthly Volume163.51K
Avg. Quarterly Volume196.87K

First Merchants Corporation (NASDAQ: FRME) stock closed at 27.38 per share at the end of the most recent trading day (a -0.9% change compared to the prior day closing price) with a volume of 168.53K shares and market capitalization of 1.64B. Is a component of indices and it is traded on NASDAQ exchange. The company belongs in the Banks industry, Financial Services sector and employs 1891 people. First Merchants Corporation CEO is Mark K. Hardwick.

The one-year performance of First Merchants Corporation stock is -32.58%, while year-to-date (YTD) performance is -33.4%. FRME stock has a five-year performance of -42.67%. Its 52-week range is between 24.52 and 45.04, which gives FRME stock a 52-week price range ratio of 13.94%

First Merchants Corporation currently has a PE ratio of 12.20, a price-to-book (PB) ratio of 1.35, a price-to-sale (PS) ratio of 4.98, a price to cashflow ratio of 12.70, a PEG ratio of -, a ROA of 1.30%, a ROC of -% and a ROE of 11.44%. The company’s profit margin is 30.40%, its EBITDA margin is -%, and its revenue ttm is $497.82 Million , which makes it $8.36 revenue per share.

Of the last four earnings reports from First Merchants Corporation, there were 2 positive earnings surprise and 2 negative earnings surprise. The company has EPS estimate of $0.96 for the next earnings report. First Merchants Corporation’s next earnings report date is 24th Oct 2023.

The consensus rating of Wall Street analysts for First Merchants Corporation is Strong Buy (1.25), with a target price of $50.25, which is +83.53% compared to the current price. The earnings rating for First Merchants Corporation stock is Sell (calculated from actual period earnings estimates revision (80% weight) and previous period earnings surprise (20% weight)).

First Merchants Corporation has a dividend yield of 3.07% with a dividend per share of $1.28 and a payout ratio of 31.00%.

First Merchants Corporation has a Sell technical analysis rating based on Technical Indicators (ADX : 18.01, ATR14 : 0.76, CCI20 : -160.53, Chaikin Money Flow : -0.19, MACD : -0.70, Money Flow Index : 33.25, ROC : -5.65, RSI : 30.53, STOCH (14,3) : 3.37, STOCH RSI : 0.00, UO : 27.15, Williams %R : -96.63), Simple Moving Averages and Exponential Moving Averages.

Aggregated Insider Trades of First Merchants Corporation in the last 12-months were: Becher Michael (Option Excercise at a value of $25 935), Charles E. Schalliol (Option Excercise at a value of $25 935), Charles E. Schalliol (Sold 33 046 shares of value $1 466 300 ), Gary J. Lehman (Option Excercise at a value of $25 935), Gary J. Lehman (Sold 1 465 shares of value $58 732 ), Jean L. Wojtowicz (Option Excercise at a value of $25 935), Lehman Gary (Option Excercise at a value of $32 475), Lehman Gary (Sold 1 465 shares of value $58 732 ), Michael R. Becher (Option Excercise at a value of $25 935), Schalliol Charles (Option Excercise at a value of $25 935), Stephan H. Fluhler (Sold 3 174 shares of value $140 576 )

Analyst RatingsCurrent1 M ago3 M ago
Strong Buy
3 (75.00 %)
3 (75.00 %)
3 (75.00 %)
Moderate Buy
1 (25.00 %)
1 (25.00 %)
1 (25.00 %)
Hold
0 (0.00 %)
0 (0.00 %)
0 (0.00 %)
Moderate Sell
0 (0.00 %)
0 (0.00 %)
0 (0.00 %)
Strong Sell
0 (0.00 %)
0 (0.00 %)
0 (0.00 %)
Summary RatingStrong Buy
1.25
Strong Buy
1.25
Strong Buy
1.25

First Merchants Corporation

First Merchants Corp through its subsidiaries provides its customers with financial services delivered locally by bankers. It offers personal banking, business banking, real estate mortgage lending, cash management services, brokerage, wealth management, and insurance. The company reports in only one segment that is community banking.

CEO: Mark K. Hardwick

Telephone: +1 765 747-1500

Address: 200 East Jackson Street, Muncie 47305-2814, IN, US

Number of employees: 1 891

Bearish or Bullish?
WeekMonthThree MonthsSix Months

Bearish Bullish

50%50%

Bearish Bullish

55%45%

Bearish Bullish

55%45%

Bearish Bullish

57%43%

 

News

Stocktwits