MidWestOne Financial Group (MOFG) to Release Quarterly Earnings on Wednesday

MidWestOne Financial Group (NASDAQ:MOFG) will be issuing its quarterly earnings data after the market closes on Wednesday, April 25th. Analysts expect the company to announce earnings of $0.64 per share for the quarter.

NASDAQ:MOFG opened at $33.56 on Monday. MidWestOne Financial Group has a 52-week low of $30.56 and a 52-week high of $37.94. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.86 and a current ratio of 0.86. The firm has a market cap of $410.61, a price-to-earnings ratio of 18.54, a PEG ratio of 1.53 and a beta of 1.00.

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MOFG has been the topic of several research reports. Zacks Investment Research downgraded MidWestOne Financial Group from a “buy” rating to a “hold” rating in a report on Wednesday, February 28th. BidaskClub raised MidWestOne Financial Group from a “sell” rating to a “hold” rating in a report on Saturday, January 13th. Sandler O’Neill reaffirmed a “buy” rating and set a $37.00 price objective on shares of MidWestOne Financial Group in a report on Tuesday, March 27th. Finally, ValuEngine downgraded MidWestOne Financial Group from a “buy” rating to a “hold” rating in a report on Monday, April 2nd. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. MidWestOne Financial Group currently has a consensus rating of “Hold” and an average target price of $38.00.

In other news, COO Kevin E. Kramer acquired 1,000 shares of MidWestOne Financial Group stock in a transaction on Wednesday, January 31st. The shares were purchased at an average price of $33.34 per share, with a total value of $33,340.00. Following the acquisition, the chief operating officer now owns 4,833 shares in the company, valued at $161,132.22. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Stephen L. West acquired 3,000 shares of MidWestOne Financial Group stock in a transaction on Monday, February 5th. The shares were purchased at an average cost of $33.02 per share, for a total transaction of $99,060.00. The disclosure for this purchase can be found here. In the last ninety days, insiders have acquired 5,200 shares of company stock worth $172,059. Company insiders own 7.20% of the company’s stock.

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MidWestOne Financial Group Company Profile

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, institutional customers, and government agencies in Iowa, Minnesota, Wisconsin, Florida, and Colorado. It offers deposit products, such as checking and other demand deposit accounts, NOW accounts, savings accounts, money market accounts, certificates of deposit, individual retirement accounts, and other time deposits.

Earnings History for MidWestOne Financial Group (NASDAQ:MOFG)

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