Analyst Price Target is $37.00
▲ +54.04% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Merchants Bancorp in the last 3 months. The average price target is $37.00, with a high forecast of $37.00 and a low forecast of $37.00. The average price target represents a 54.04% upside from the last price of $24.02.
Current Consensus is
The current consensus among 1 investment analysts is to buy (strong buy) stock in Merchants Bancorp. This rating has held steady since May 2021, when it changed from a Buy consensus rating.
Merchants Bancorp operates as the diversified bank holding company in the United States. The company operates through Multi-family Mortgage Banking, Mortgage Warehousing, and Banking segments. The Multi-family Mortgage Banking segment originates and services government sponsored mortgages for multi-family and healthcare facilities. This segment also offers customized loan products for independent living, assisted living, memory care, and skilled nursing projects; and operates as a syndicator of low-income housing tax credit and debt funds. The Mortgage Warehousing segment funds agency eligible residential loans, including origination, purchase, and sale in the secondary market, as well as commercial loans to non-depository financial institutions. The Banking segment offers a range of financial products and services to consumers and businesses, such as various types of deposit products, as well as multi-family construction and bridge, commercial real estate, commercial and industrial, agricultural, residential mortgage, and consumer loan products. This segment also provides single-family mortgage lending; construction, bridge, and lot financing; first-lien home equity lines of credit; and small business administration lending products and services. Merchants Bancorp was founded in 1990 and is headquartered in Carmel, Indiana.