Merchants Bancorp's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 81 out of 394 in the Banking Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 51.67.In the medium term, the stock price is expected to remain stable.Despite a weak stock market performance over the past month, the company shows strong technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Merchants Bancorp is 5.46, ranking 304 out of 394 in the Banking Services industry. Its financial status is stable, and its operating efficiency is low. Its latest quarterly revenue reached 150.47M, representing a year-over-year increase of 13.89%, while its net profit experienced a year-over-year increase of 34.89%.
Key Metrics
The current valuation score of Merchants Bancorp is 8.27, ranking 115 out of 394 in the Banking Services industry. Its current P/E ratio is 10.81, which is 22.00% below the recent high of 13.19 and 54.54% above the recent low of 4.91.
The current earnings forecast score of Merchants Bancorp is 7.33, ranking 153 out of 394 in the Banking Services industry. The average price target is 40.00, with a high of 42.00 and a low of 38.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Merchants Bancorp is 6.63, ranking 265 out of 394 in the Banking Services industry. Currently, the stock price is trading between the resistance level at 48.35 and the support level at 42.29, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of Merchants Bancorp is 10.00, ranking 1 out of 394 in the Banking Services industry. The latest institutional shareholding proportion is 99.04%, representing a quarter-over-quarter increase of 179.89%. The largest institutional shareholder is Chuck Royce, holding a total of 567.27K shares, representing 1.23% of shares outstanding, with 17.47% decrease in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Banking Services domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Merchants Bancorp is 8.14, ranking 118 out of 394 in the Banking Services industry. The company's beta value is 1.15. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. with an industry-leading ESG disclosure.
