MidWestOne Financial Group, Inc. ( MOFG) Stock. Should you Buy or Sell? $ 30.54
-0.01 (-0.03 %)
MidWestOne Financial Group, Inc. Analysis
Updated on 10-09-2022| Symbol | MOFG |
| Price | $30.54 |
| Beta | 0.885 |
| Volume Avg. | $20.64 thousand |
| Market Cap | $477.05 M |
| 52 Week Range | $27.44 - $34.65 |
MidWestOne Financial Group, Inc. opened the day at $30.54 which is -0.03 % on yesterday's close. MidWestOne Financial Group, Inc. has a 52 week high of $34.65 and 52 week low of $27.44, which is a difference of $7.21. We like to see positive, upward trending shares, preferably with momentum. Market capitalization is $477.05 M and total net profit is $198734000 which means the company is trading at 2.40 times profit to market capitalization. Theoretically, if you were to buy MidWestOne Financial Group, Inc. for $477.05 M, it would take 15 years to get your money back. MidWestOne Financial Group, Inc. are in the Banks—Regional space which will have a sweet spot and industry standard for net profit multiples.
Price Chart
Financials
MidWestOne Financial Group, Inc. Stock Forecast - Is MidWestOne Financial Group, Inc. a Buy or Sell?
| DCF Score | Strong Buy | |
| ROE Score | Neutral | |
| ROA Score | Neutral | |
| DE Score | Strong Buy | |
| PE Score | Strong Buy | |
| PB Score | Buy | |
| Overall Recommendation | Strong Buy |
Growth and Value
| PE Ratio | 8.413 |
| Dividend Yiel | 0.031 |
| Net Profit Margin | 0.285 |
Valuing MidWestOne Financial Group, Inc.
| Price Book Value Ratio | 0.979 | Price To Book Ratio | 0.979 |
| Price To Sales Ratio | 2.385 | Price Earnings Ratio | 8.382 |
How liquid is MidWestOne Financial Group, Inc.
| Current Ratio | 30.843 |
| Quick Ratio | 32.304 |
Debt
| Debt Ratio | 0.924 | Debt Equity Ratio | 12.179 |
| Long Term Debt To Capitalization | 0.246 | Total Debt To Capitalization | 0.292 |
Latest news about MidWestOne Financial Group, Inc.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Midwestone Financial Group, Inc. (NASDAQ:MOFG ) Q2 2022 Earnings Conference Call July 29, 2022 12:00 PM ET Company Participants Charles Funk - CEO & Director Barry Ray - CFO & Senior EVP Len Devaisher - President & COO Gary Sims - Senior VP & Chief Credit Officer James Cantrell - CIO, Senior EVP & Treasurer Conference Call Participants Brendan Nosal - Piper Sandler & Co. Terence McEvoy - Stephens Inc. Damon DelMonte - KBW Brian Martin - Janney Montgomery Scott Operator Good morning, and thank you for attending today's MidWestOne Financial Group Second Quarter 2022 Earnings Call. My name is Jason, and I will be the moderator for today's call.
MidWestOne (MOFG) delivered earnings and revenue surprises of -10.11% and 7.92%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
MidWestOne Financial Group, Inc. (NASDAQ:MOFG ) Q1 2022 Earnings Conference Call April 29, 2022 12:00 PM ET Company Participants Charles Funk - CEO Barry Ray - CFO Gary Sims - CCO Jim Cantrell - Treasurer & CIO Len Devaisher - President Conference Call Participants Brendan Nosal - Piper Sandler Terry McEvoy - Stephens Inc. Jeffrey Rulis - D. A. Davidson Damon DelMonte - KBW Brian Martin - Janney Charles Funk Good day everyone.
About MidWestOne Financial Group, Inc.
Description :
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 deposit products, such as noninterest bearing and interest-bearing demand deposit accounts, interest checking accounts, savings accounts, money market accounts, certificates of deposit, and time deposits. The company also provides commercial and industrial, commercial and residential real estate, agricultural, and credit card loans, as well as consumer loans, such as secured and unsecured personal, and automobile loans. In addition, it offers various trust and investment services, including administering estates, personal trusts, and conservatorships, as well as property management, farm management, investment advisory, retail securities brokerage, and financial planning and custodial services, as well as investment-related services, including securities trading, mutual funds sales, fixed and variable annuities, tax-exempted, and conventional unit trusts. Further, the company provides other products and services comprising treasury management, debit cards, automated teller machines, online and mobile banking, and safe deposit boxes. It offers its products and services primarily through a network of 56 banking offices located in central and eastern Iowa, the Minneapolis/St. Paul metropolitan area of Minnesota, southwestern Wisconsin, southwestern Florida, and Denver, Colorado. MidWestOne Financial Group, Inc. was incorporated in 1983 and is headquartered in Iowa City, Iowa.
