NASDAQ:MSBI - Midland States Bancorp Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $22.00
  • Forecasted Upside: -15.42 %
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$26.01
▼ -0.87 (-3.24%)
1 month | 3 months | 12 months
Get New Midland States Bancorp Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for MSBI and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for MSBI

Average Price Target: $22.00
▼ -15.42% Downside Potential
This price target is based on 2 analysts offering 12 month price targets for Midland States Bancorp in the last 3 months. The average price target is $22.00, with a high forecast of $28.00 and a low forecast of $16.00. The average price target represents a -15.42% upside from the last price of $26.01.

Buy

The current consensus among 2 contributing investment analysts is to buy stock in Midland States Bancorp. This rating has held steady since March 2021, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/28/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/27/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/25/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
9/23/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
12/22/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/22/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/21/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/20/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/10/2021StephensUpgradeEqual Weight ➝ Overweight$28.00Low
7/27/2020Piper SandlerBoost Price TargetNeutral$15.50 ➝ $16.00High
7/13/2020Piper SandlerDowngradeOverweight ➝ Neutral$16.50 ➝ $15.50Medium
4/9/2020StephensDowngradeOverweight ➝ Equal WeightLow
4/1/2020Keefe, Bruyette & WoodsDowngradeOutperform ➝ Market Perform$22.00Low
1/27/2020DA DavidsonDowngradeBuy ➝ NeutralLow
11/18/2019DA DavidsonReiterated RatingBuyLow
12/19/2018StephensReiterated RatingBuy$27.00High
10/19/2017Keefe, Bruyette & WoodsReiterated RatingBuy$42.00N/A
8/29/2017Keefe, Bruyette & WoodsReiterated RatingBuy$37.00Low
5/12/2017Keefe, Bruyette & WoodsReiterated RatingBuy$37.00Low
4/10/2017Keefe, Bruyette & WoodsSet Price TargetBuy$37.00Low
6/21/2016DA DavidsonInitiated CoverageBuy$28.00N/A
(Data available from 6/21/2016 forward)
Midland States Bancorp logo
Midland States Bancorp, Inc. operates as a financial holding company for Midland States Bank that provides various banking products and services to individuals, businesses, municipalities, and other entities. It operates through Banking, Wealth Management, and Other segments. The company accepts various deposits, such as checking, savings, money market, and sweep accounts, as well as certificates of deposits. It also offers term loans to purchase capital equipment; lines of credit for working capital and operational purposes; commercial real estate loans for owner occupied and non-owner occupied commercial property, as well as farmland loans; construction and land development loans developers of commercial real estate investment properties, residential developments, individual clients for construction of single family homes, as well as to construct owner-user properties; and residential real estate loans and home equity lines of credit.. In addition, the company provides consumer installment loans for the purchase of cars, boats, and other recreational vehicles, as well as for the purchase of major appliances and other home improvement projects; commercial equipment leasing; and trust and wealth management products and services, including financial and estate planning, trustee and custodial services, investment management, tax and insurance planning, business planning, corporate retirement plan consulting and administration, and retail brokerage services. As of December 31, 2020, it operated 52 full-service banking offices. The company was founded in 1881 and is headquartered in Effingham, Illinois.
Read More

Today's Range

Now: $26.01
Low: $25.71
High: $26.75

50 Day Range

MA: $27.93
Low: $26.01
High: $28.75

52 Week Range

Now: $26.01
Low: $12.48
High: $30.32

Volume

244,000 shs

Average Volume

88,817 shs

Market Capitalization

$581.71 million

P/E Ratio

15.30

Dividend Yield

4.31%

Beta

1.11

Frequently Asked Questions

What sell-side analysts currently cover shares of Midland States Bancorp?

The following Wall Street sell-side analysts have issued reports on Midland States Bancorp in the last year: Piper Sandler, Stephens, and Zacks Investment Research.
View the latest analyst ratings for MSBI.

What is the current price target for Midland States Bancorp?

2 Wall Street analysts have set twelve-month price targets for Midland States Bancorp in the last year. Their average twelve-month price target is $22.00, suggesting a possible downside of 15.4%. Stephens has the highest price target set, predicting MSBI will reach $28.00 in the next twelve months. Piper Sandler has the lowest price target set, forecasting a price of $16.00 for Midland States Bancorp in the next year.
View the latest price targets for MSBI.

What is the current consensus analyst rating for Midland States Bancorp?

Midland States Bancorp currently has 1 hold rating and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe MSBI will outperform the market and that investors should add to their positions of Midland States Bancorp.
View the latest ratings for MSBI.

What other companies compete with Midland States Bancorp?

How do I contact Midland States Bancorp's investor relations team?

Midland States Bancorp's physical mailing address is 1201 NETWORK CENTRE DRIVE, EFFINGHAM IL, 62401. The financial services provider's listed phone number is 217-342-7321 and its investor relations email address is [email protected] The official website for Midland States Bancorp is www.midlandsb.com.