Midwestone Financial Group Stock News

MidWestOne Financial Group, Inc. (MOFG) CEO Charlie Funk on Q4 2021 Results - Earnings Call Transcript

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

MidWestOne (MOFG) delivered earnings and revenue surprises of -7.14% and 3.83%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

MidWestOne Financial Group Inc (MOFG) shares closed today at 1.9% below its 52 week high of $34.40, giving the company a market cap of $529M. The stock is currently up 4.2% year-to-date, up 34.8% over the past 12 months, and up 3.7% over the past five years. This week, the Dow Jones Industrial Average fell 0.3%, and the S&P 500 fell 1.9%. Trading Activity Trading volume this week was 54.2% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.0. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -5.1% The company's stock price performance over the past 12 months lags the peer average by -16.5% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is -24.4% lower than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

MidWestOne Financial Group Inc (MOFG) shares closed today at 1.9% below its 52 week high of $34.40, giving the company a market cap of $529M. The stock is currently up 4.2% year-to-date, up 32.0% over the past 12 months, and up 3.7% over the past five years. This week, the Dow Jones Industrial Average fell 0.3%, and the S&P 500 fell 1.9%. Trading Activity Trading volume this week was 54.2% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.0. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought.The stock closed at 1.9% higher than its 5-day moving average, 4.4% higher than its 20-day moving average, and 7.4% higher than its 90-day moving average. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -4.4% The company's stock price performance over the past 12 months lags the peer average by -21.7% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is -24.4% lower than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

CIO, HBNC, and MOFG made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 7, 2022

Invesco Ltd. lifted its position in shares of MidWestOne Financial Group, Inc. (NASDAQ:MOFG) by 15.6% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 20,738 shares of the financial services providers stock after acquiring an additional 2,796 shares during the quarter. Invesco Ltd.s holdings in MidWestOne Financial Group were worth $597,000 as of its most []

Wall Street brokerages expect MidWestOne Financial Group, Inc. (NASDAQ:MOFG) to post $48.75 million in sales for the current fiscal quarter, Zacks reports. Two analysts have made estimates for MidWestOne Financial Groups earnings, with the highest sales estimate coming in at $49.50 million and the lowest estimate coming in at $48.00 million. MidWestOne Financial Group reported []

Millennium Management LLC boosted its holdings in shares of MidWestOne Financial Group, Inc. (NASDAQ:MOFG) by 23.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 29,143 shares of the financial services providers stock after purchasing an additional 5,590 shares during the quarter. Millennium Management LLC []

Equities analysts expect that MidWestOne Financial Group, Inc. (NASDAQ:MOFG) will post earnings per share of $1.00 for the current quarter, according to Zacks. Two analysts have made estimates for MidWestOne Financial Groups earnings. The highest EPS estimate is $1.04 and the lowest is $0.94. MidWestOne Financial Group reported earnings per share of $1.04 during the []

Metropolitan Life Insurance Co NY lifted its position in shares of MidWestOne Financial Group, Inc. (NASDAQ:MOFG) by 105,150.0% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 4,210 shares of the financial services providers stock after purchasing an additional 4,206 shares during the quarter. Metropolitan Life Insurance Co NYs holdings in MidWestOne Financial []

Goldman Sachs Group Inc. lowered its position in MidWestOne Financial Group, Inc. (NASDAQ:MOFG) by 11.6% in the 2nd quarter, HoldingsChannel reports. The fund owned 52,546 shares of the financial services providers stock after selling 6,900 shares during the period. Goldman Sachs Group Inc.s holdings in MidWestOne Financial Group were worth $1,512,000 as of its most [] The post Goldman Sachs Group Inc. Decreases Stake in MidWestOne Financial Group, Inc. (NASDAQ:MOFG) appeared first on ETF Daily News .

MidWestOne Financial Group, Inc. (NASDAQ:MOFG) announced a quarterly dividend on Tuesday, October 26th, Wall Street Journal reports. Investors of record on Wednesday, December 1st will be paid a dividend of 0.225 per share by the financial services provider on Wednesday, December 15th. This represents a $0.90 dividend on an annualized basis and a yield of []

Equities research analysts expect that MidWestOne Financial Group, Inc. (NASDAQ:MOFG) will report sales of $48.75 million for the current quarter, Zacks reports. Two analysts have provided estimates for MidWestOne Financial Groups earnings, with estimates ranging from $48.00 million to $49.50 million. MidWestOne Financial Group reported sales of $49.66 million in the same quarter last year, []