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First Internet Bancorp - INBK Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $29.00
  • Forecasted Upside: -6.54%
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$31.03 As of 04/18/2024 01:00 AM ET
▲ +0.03 (0.10%)

This chart shows the closing price for INBK by one month, three months, or twelve months.

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Analyst Price Target for INBK

Analyst Price Target is $29.00
▼ -6.54% Downside Potential
This price target is based on 3 analysts offering 12 month price targets for First Internet Bancorp in the last 3 months. The average price target is $29.00, with a high forecast of $35.00 and a low forecast of $18.00. The average price target represents a -6.54% upside from the last price of $31.03.

This chart shows the closing price for INBK for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 3 polled investment analysts is to hold stock in First Internet Bancorp. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
10/27/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
1/25/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
4/25/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
7/24/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
10/22/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
1/20/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/20/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
4/19/2024

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/26/2024Keefe, Bruyette & WoodsBoost TargetMarket Perform ➝ Market Perform$29.00 ➝ $34.00Low
12/18/2023Craig HallumUpgradeHold ➝ Buy$19.00 ➝ $35.00Low
10/30/2023Piper SandlerLower TargetNeutral ➝ Neutral$19.00 ➝ $18.00Low
10/27/2023Craig HallumLower TargetHold ➝ Hold$22.00 ➝ $19.00Low
7/31/2023Piper SandlerBoost TargetNeutral ➝ Neutral$17.00 ➝ $25.00Low
7/28/2023Craig HallumBoost TargetHold$18.00 ➝ $22.00Low
5/1/2023Piper SandlerLower Target$20.00 ➝ $16.50Low
4/28/2023Craig HallumLower Target$27.00 ➝ $18.00Low
4/6/2023Keefe, Bruyette & WoodsLower TargetMarket Perform$30.00 ➝ $27.00N/A
10/21/2022Craig HallumDowngradeBuy ➝ Hold$42.00 ➝ $30.00Low
10/21/2022Keefe, Bruyette & WoodsDowngradeOutperform ➝ Market Perform$42.00 ➝ $30.00Low
10/20/2022Janney Montgomery ScottDowngradeBuy ➝ Neutral$37.00 ➝ $32.00Low
10/7/2022Piper SandlerDowngradeOverweight ➝ Neutral$43.00 ➝ $38.00Low
7/22/2022Piper SandlerLower Target$43.00Low
5/3/2022Craig HallumLower Target$70.00 ➝ $60.00High
4/22/2022Piper SandlerLower TargetOverweight$68.00 ➝ $54.00High
4/21/2022Keefe, Bruyette & WoodsLower TargetOutperform$66.00 ➝ $62.00High
12/9/2021Piper SandlerBoost TargetOverweight ➝ Overweight$50.00 ➝ $61.00Medium
11/3/2021Craig HallumBoost TargetBuy$48.00 ➝ $55.00Medium
2/1/2021Janney Montgomery ScottUpgradeNeutral ➝ Buy$36.00Low
11/10/2020Janney Montgomery ScottDowngradeBuy ➝ NeutralHigh
10/26/2020Piper SandlerBoost TargetOverweight$19.00 ➝ $30.00Low
9/29/2020Piper SandlerLower TargetOverweight$20.00 ➝ $19.00Low
7/24/2020Piper SandlerLower TargetOverweight$21.00 ➝ $20.00Low
7/24/2020Janney Montgomery ScottUpgradeNeutral ➝ BuyMedium
4/24/2020Piper SandlerLower TargetOverweight$23.00 ➝ $18.00High
4/24/2020Craig HallumLower TargetBuy$33.00 ➝ $30.00High
1/27/2020Piper SandlerBoost TargetOverweight$30.00 ➝ $33.00Low
1/14/2020Hovde GroupUpgradeMarket Perform ➝ Outperform$29.00Low
12/23/2019Craig HallumInitiated CoverageBuy$33.00Medium
4/29/2019Maxim GroupReiterated RatingHoldLow
(Data available from 4/19/2019 forward)

News Sentiment Rating

0.56 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/21/2023
  • 4 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
10/21/2023
  • 2 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/20/2023
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/20/2023
  • 1 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/19/2024
  • 6 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
2/18/2024
  • 3 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/19/2024
  • 2 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/18/2024

Current Sentiment

  • 2 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

First Internet Bancorp logo
First Internet Bancorp operates as the bank holding company for First Internet Bank of Indiana that provides commercial, small business, consumer, and municipal banking products and services to individuals and commercial customers in the United States. The company accepts non-interest bearing and interest-bearing demand deposit, commercial deposit, savings, money market, Banking-as-a-Service brokered deposit accounts, as well as certificates of deposit. It also offers commercial and industrial, owner-occupied and investor commercial real estate, construction, residential mortgage, home equity, line of credit and home improvement, small installment, term, and other consumer loans, as well as single tenant lease financing, and public and healthcare finance; franchise finance; and small business lending. In addition, the company is involved in the purchase, manage, service, and safekeeping of municipal securities; and provision of public and municipal lending and leasing products to government entities. Further, the company offers corporate credit card and treasury management services. First Internet Bancorp was founded in 1999 and is headquartered in Fishers, Indiana.
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Today's Range

Now: $31.03
Low: $31.00
High: $31.61

50 Day Range

MA: $32.27
Low: $31.00
High: $34.93

52 Week Range

Now: $31.03
Low: $9.68
High: $35.72

Volume

40,222 shs

Average Volume

52,788 shs

Market Capitalization

$268.72 million

P/E Ratio

26.52

Dividend Yield

0.77%

Beta

0.72

Frequently Asked Questions

What sell-side analysts currently cover shares of First Internet Bancorp?

The following Wall Street sell-side analysts have issued reports on First Internet Bancorp in the last year: Craig Hallum, Keefe, Bruyette & Woods, Piper Sandler, StockNews.com, and TheStreet.
View the latest analyst ratings for INBK.

What is the current price target for First Internet Bancorp?

3 Wall Street analysts have set twelve-month price targets for First Internet Bancorp in the last year. Their average twelve-month price target is $29.00, suggesting a possible downside of 7.3%. Craig Hallum has the highest price target set, predicting INBK will reach $35.00 in the next twelve months. Piper Sandler has the lowest price target set, forecasting a price of $18.00 for First Internet Bancorp in the next year.
View the latest price targets for INBK.

What is the current consensus analyst rating for First Internet Bancorp?

First Internet Bancorp currently has 2 hold ratings and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in INBK, but not buy more shares or sell existing shares.
View the latest ratings for INBK.

What other companies compete with First Internet Bancorp?

Other companies that are similar to First Internet Bancorp include Orrstown Financial Services, Unity Bancorp, West Bancorporation, ACNB and First Business Financial Services. Learn More about companies similar to First Internet Bancorp.

How do I contact First Internet Bancorp's investor relations team?

First Internet Bancorp's physical mailing address is 11201 USA PARKWAY, FISHERS IN, 46037. The bank's listed phone number is (317) 532-7900 and its investor relations email address is [email protected]. The official website for First Internet Bancorp is www.firstinternetbancorp.com. Learn More about contacing First Internet Bancorp investor relations.