MidWestOne Financial Group (MOFG) Projected to Post Earnings on Thursday

MidWestOne Financial Group (NASDAQ:MOFGGet Free Report) is projected to post its quarterly earnings results after the market closes on Thursday, January 23rd. Analysts expect MidWestOne Financial Group to post earnings of $0.72 per share and revenue of $57,000.00 billion for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

MidWestOne Financial Group Stock Performance

Shares of MOFG stock opened at $30.23 on Tuesday. MidWestOne Financial Group has a 12-month low of $19.43 and a 12-month high of $34.56. The business’s fifty day simple moving average is $31.08 and its 200-day simple moving average is $29.04. The company has a current ratio of 0.78, a quick ratio of 0.77 and a debt-to-equity ratio of 0.20. The company has a market cap of $627.88 million, a PE ratio of -6.47 and a beta of 1.05.

MidWestOne Financial Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 2nd were given a dividend of $0.243 per share. This represents a $0.97 annualized dividend and a yield of 3.22%. The ex-dividend date of this dividend was Monday, December 2nd. MidWestOne Financial Group’s dividend payout ratio is currently -20.77%.

Analysts Set New Price Targets

MOFG has been the subject of several recent analyst reports. Piper Sandler lowered their price target on MidWestOne Financial Group from $33.00 to $31.50 and set a “neutral” rating for the company in a report on Monday, October 28th. Keefe, Bruyette & Woods raised shares of MidWestOne Financial Group from a “market perform” rating to an “outperform” rating and boosted their target price for the stock from $34.00 to $39.00 in a research report on Tuesday, December 17th. Finally, StockNews.com lowered shares of MidWestOne Financial Group from a “hold” rating to a “sell” rating in a research note on Monday, October 28th.

View Our Latest Report on MOFG

MidWestOne Financial Group Company Profile

(Get Free Report)

MidWestOne Financial Group, Inc operates as the bank holding company for MidWestOne Bank that provides commercial and retail banking products and services to individuals, businesses, governmental units, and institutional customers. It offers range of deposit products, including noninterest bearing and interest bearing demand deposits, savings, money market, and time deposits accounts.

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Earnings History for MidWestOne Financial Group (NASDAQ:MOFG)

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