MidWestOne Financial Group (MOFG) Stock Forecast, Price Target & Predictions
MOFG Stock Forecast
MidWestOne Financial Group stock forecast is as follows: an average price target of $31.25 (represents a -4.58% downside from MOFG’s last price of $32.75) and a rating consensus of 'Hold', based on 3 wall street analysts offering a 1-year stock forecast.
MOFG Price Target
The average price target for MidWestOne Financial Group (MOFG) is $31.25 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $31.50 to $31.00. This represents a potential -4.58% downside from MOFG's last price of $32.75.
MOFG Analyst Ratings
According to 3 Wall Street analysts, MidWestOne Financial Group's rating consensus is 'Hold'. The analyst rating breakdown for MOFG stock is 0 'Strong Buy' (0.00%), 1 'Buy' (33.33%), 2 'Hold' (66.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
MidWestOne Financial Group Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 28, 2024 | Nathan Race | Piper Sandler | - | - | 8.88% | -3.82% |
| Jul 29, 2024 | Nathan Race | Piper Sandler | - | - | 5.27% | -8.40% |
| Apr 29, 2024 | Nathan Race | Piper Sandler | - | - | 7.76% | -32.82% |
| Jan 29, 2024 | Stephens | - | - | 17.92% | -5.34% |
The latest MidWestOne Financial Group stock forecast, released on Oct 28, 2024 by Nathan Race from Piper Sandler, set a price target of $31.50, which represents a 8.88% increase from the stock price at the time of the forecast ($28.93), and a -3.82% decrease from MOFG last price ($32.75).
MidWestOne Financial Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 4 |
| Avg Price Target | $31.50 | $31.50 | $28.63 |
| Last Closing Price | $32.75 | $32.75 | $32.75 |
| Upside/Downside | -3.82% | -3.82% | -12.58% |
In the current month, the average price target of MidWestOne Financial Group stock is $31.50, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -3.82% decrease as opposed to MidWestOne Financial Group's last price of $32.75. This month's average price target is down 0.00% compared to last quarter, and up 10.02% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 28, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Sep 27, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Jul 29, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Apr 29, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Dec 13, 2022 | Keefe, Bruyette & Woods | Market Perform | Downgrade | |
| Apr 25, 2022 | Zacks Investment Research | Buy | Upgrade |
MidWestOne Financial Group's last stock rating was published by Piper Sandler on Oct 28, 2024. The company gave MOFG a "Neutral" rating, the same as its previous rate.
MidWestOne Financial Group Financial Forecast
MidWestOne Financial Group Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $69.20M | $44.44M | $45.71M | $36.03M | $54.50M | $58.32M | $52.07M | $48.98M | $50.05M | $49.52M | $48.72M | $50.44M | $49.66M | $47.38M | $46.98M | $47.56M | $48.62M | $51.26M |
| Avg Forecast | $67.11M | $66.27M | $64.54M | $63.16M | $63.65M | $62.35M | $60.28M | $58.06M | $57.32M | $48.81M | $47.85M | $44.72M | $45.10M | $47.39M | $49.01M | $51.62M | $57.48M | $55.05M | $51.16M | $47.98M | $49.05M | $47.87M | $49.73M | $49.95M | $48.25M | $47.45M | $48.85M | $46.94M | $48.45M | $47.50M |
| High Forecast | $69.37M | $68.51M | $66.72M | $65.29M | $65.80M | $64.45M | $62.31M | $61.98M | $61.23M | $49.05M | $47.85M | $44.72M | $46.63M | $48.29M | $50.66M | $53.37M | $59.42M | $55.05M | $51.16M | $47.98M | $49.05M | $47.87M | $49.73M | $49.95M | $48.25M | $47.45M | $48.85M | $46.94M | $48.45M | $47.50M |
| Low Forecast | $64.84M | $64.04M | $62.36M | $61.03M | $61.50M | $60.24M | $58.24M | $54.14M | $53.40M | $48.58M | $47.85M | $44.72M | $43.58M | $46.49M | $47.36M | $49.88M | $55.54M | $55.05M | $51.16M | $47.98M | $49.05M | $47.87M | $49.73M | $49.95M | $48.25M | $47.45M | $48.85M | $46.94M | $48.45M | $47.50M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 7 | 7 | 9 | 8 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.53% | 0.94% | 0.93% | 0.70% | 0.95% | 1.06% | 1.02% | 1.02% | 1.02% | 1.03% | 0.98% | 1.01% | 1.03% | 1.00% | 0.96% | 1.01% | 1.00% | 1.08% |
MidWestOne Financial Group's average Quarter revenue forecast for Mar 24 based on 1 analysts is $44.72M, with a low forecast of $44.72M, and a high forecast of $44.72M. MOFG's average Quarter revenue forecast represents a -35.38% decrease compared to the company's last Quarter revenue of $69.20M (Dec 23).
MidWestOne Financial Group EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 7 | 7 | 9 | 8 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $2.52M | $12.80M | $10.79M | $22.76M | $35.34M | $32.65M | $24.85M | $24.32M | $25.21M | $25.14M | $28.45M | $32.72M | $27.72M | $-8.49M | $23.19M | $7.28M | $16.51M | $30.55M |
| Avg Forecast | $20.00M | $19.75M | $19.23M | $18.82M | $18.97M | $18.58M | $17.96M | $17.30M | $17.08M | $14.55M | $14.26M | $26.08M | $13.44M | $14.12M | $14.60M | $23.71M | $29.18M | $17.00M | $15.80M | $21.55M | $15.15M | $14.79M | $15.36M | $23.14M | $14.90M | $14.66M | $15.09M | $14.34M | $14.97M | $14.67M |
| High Forecast | $20.67M | $20.41M | $19.88M | $19.46M | $19.61M | $19.21M | $18.57M | $18.47M | $18.25M | $14.62M | $14.26M | $31.29M | $13.89M | $14.39M | $15.10M | $28.45M | $35.02M | $17.00M | $15.80M | $25.86M | $15.15M | $14.79M | $15.36M | $27.76M | $14.90M | $14.66M | $15.09M | $17.20M | $14.97M | $14.67M |
| Low Forecast | $19.32M | $19.08M | $18.58M | $18.19M | $18.33M | $17.95M | $17.36M | $16.13M | $15.91M | $14.48M | $14.26M | $20.86M | $12.99M | $13.85M | $14.11M | $18.97M | $23.34M | $17.00M | $15.80M | $17.24M | $15.15M | $14.79M | $15.36M | $18.51M | $14.90M | $14.66M | $15.09M | $11.47M | $14.97M | $14.67M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.19% | 0.91% | 0.74% | 0.96% | 1.21% | 1.92% | 1.57% | 1.13% | 1.66% | 1.70% | 1.85% | 1.41% | 1.86% | -0.58% | 1.54% | 0.51% | 1.10% | 2.08% |
1 analysts predict MOFG's average Quarter EBITDA for Mar 24 to be $26.08M, with a high of $31.29M and a low of $20.86M. This is 933.98% upper than MidWestOne Financial Group's previous annual EBITDA (Dec 23) of $2.52M.
MidWestOne Financial Group Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 7 | 7 | 9 | 8 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $2.73M | $9.14M | $7.59M | $1.40M | $16.00M | $18.32M | $12.62M | $13.89M | $14.26M | $16.31M | $17.27M | $21.65M | $16.71M | $-19.82M | $11.71M | $-1.98M | $13.37M | $12.30M |
| Avg Forecast | $14.93M | $14.62M | $13.46M | $12.99M | $13.72M | $13.15M | $12.02M | $10.88M | $11.36M | $8.67M | $7.82M | $14.90M | $7.73M | $8.99M | $10.66M | $13.54M | $16.50M | $15.94M | $13.41M | $12.31M | $15.18M | $14.57M | $14.14M | $15.31M | $10.57M | $9.66M | $4.77M | $-3.89M | $13.06M | $11.71M |
| High Forecast | $15.59M | $15.26M | $14.05M | $13.56M | $14.32M | $13.73M | $12.55M | $11.04M | $11.85M | $8.91M | $8.17M | $17.88M | $8.07M | $9.15M | $11.13M | $16.25M | $19.80M | $15.94M | $13.41M | $14.77M | $15.18M | $14.57M | $14.14M | $18.37M | $10.57M | $9.66M | $4.77M | $-3.11M | $13.06M | $11.71M |
| Low Forecast | $14.28M | $13.97M | $12.87M | $12.42M | $13.12M | $12.58M | $11.49M | $10.57M | $11.20M | $8.44M | $7.48M | $11.92M | $7.39M | $8.83M | $10.19M | $10.83M | $13.20M | $15.94M | $13.41M | $9.85M | $15.18M | $14.57M | $14.14M | $12.25M | $10.57M | $9.66M | $4.77M | $-4.67M | $13.06M | $11.71M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.35% | 1.02% | 0.71% | 0.10% | 0.97% | 1.15% | 0.94% | 1.13% | 0.94% | 1.12% | 1.22% | 1.41% | 1.58% | -2.05% | 2.46% | 0.51% | 1.02% | 1.05% |
MidWestOne Financial Group's average Quarter net income forecast for Mar 24 is $14.90M, with a range of $11.92M to $17.88M. MOFG's average Quarter net income forecast represents a 445.70% increase compared to the company's last Quarter net income of $2.73M (Dec 23).
MidWestOne Financial Group SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 7 | 7 | 9 | 8 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $700.00K | $20.12M | $22.39M | $21.34M | $21.79M | $23.63M | $22.04M | $21.62M | $21.25M | $20.49M | $20.24M | $20.10M | $20.99M | $19.52M | $18.73M | $19.94M | $22.31M | $20.27M |
| Avg Forecast | $29.11M | $28.74M | $27.99M | $27.39M | $27.61M | $27.04M | $26.14M | $25.18M | $24.86M | $21.17M | $20.75M | $23.18M | $19.56M | $20.55M | $21.26M | $21.07M | $24.60M | $21.66M | $20.13M | $19.15M | $19.30M | $18.83M | $19.56M | $14.21M | $18.98M | $18.67M | $19.22M | $39.25M | $19.06M | $18.69M |
| High Forecast | $30.09M | $29.71M | $28.94M | $28.32M | $28.54M | $27.95M | $27.02M | $26.88M | $26.56M | $21.27M | $20.75M | $27.81M | $20.22M | $20.94M | $21.97M | $25.28M | $29.52M | $21.66M | $20.13M | $22.98M | $19.30M | $18.83M | $19.56M | $17.05M | $18.98M | $18.67M | $19.22M | $47.10M | $19.06M | $18.69M |
| Low Forecast | $28.12M | $27.77M | $27.05M | $26.47M | $26.67M | $26.13M | $25.26M | $23.48M | $23.16M | $21.07M | $20.75M | $18.54M | $18.90M | $20.16M | $20.54M | $16.86M | $19.68M | $21.66M | $20.13M | $15.32M | $19.30M | $18.83M | $19.56M | $11.37M | $18.98M | $18.67M | $19.22M | $31.40M | $19.06M | $18.69M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.04% | 0.98% | 1.05% | 1.01% | 0.89% | 1.09% | 1.09% | 1.13% | 1.10% | 1.09% | 1.03% | 1.41% | 1.11% | 1.05% | 0.97% | 0.51% | 1.17% | 1.09% |
MidWestOne Financial Group's average Quarter SG&A projection for Mar 24 is $23.18M, based on 1 Wall Street analysts, with a range of $18.54M to $27.81M. The forecast indicates a 3210.80% rise compared to MOFG last annual SG&A of $700.00K (Dec 23).
MidWestOne Financial Group EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 7 | 7 | 9 | 8 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.17 | $0.58 | $0.48 | $0.09 | $1.02 | $1.17 | $0.81 | $0.89 | $0.91 | $1.03 | $1.08 | $1.35 | $1.04 | $-1.23 | $0.73 | $-0.12 | $0.83 | $0.76 |
| Avg Forecast | $0.95 | $0.93 | $0.85 | $0.82 | $0.87 | $0.83 | $0.76 | $0.69 | $0.72 | $0.55 | $0.50 | $0.36 | $0.49 | $0.57 | $0.68 | $0.76 | $1.08 | $1.01 | $0.85 | $0.79 | $0.96 | $0.92 | $0.90 | $0.80 | $0.67 | $0.61 | $0.30 | $0.64 | $0.83 | $0.74 |
| High Forecast | $0.99 | $0.97 | $0.89 | $0.86 | $0.91 | $0.87 | $0.80 | $0.70 | $0.75 | $0.56 | $0.52 | $0.37 | $0.51 | $0.58 | $0.71 | $0.79 | $1.13 | $1.01 | $0.85 | $0.79 | $0.96 | $0.92 | $0.90 | $0.80 | $0.67 | $0.61 | $0.30 | $0.64 | $0.83 | $0.74 |
| Low Forecast | $0.91 | $0.89 | $0.82 | $0.79 | $0.83 | $0.80 | $0.73 | $0.67 | $0.71 | $0.54 | $0.47 | $0.34 | $0.47 | $0.56 | $0.65 | $0.72 | $1.04 | $1.01 | $0.85 | $0.79 | $0.96 | $0.92 | $0.90 | $0.80 | $0.67 | $0.61 | $0.30 | $0.64 | $0.83 | $0.74 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.35% | 1.02% | 0.71% | 0.12% | 0.94% | 1.16% | 0.95% | 1.13% | 0.95% | 1.12% | 1.21% | 1.69% | 1.55% | -2.01% | 2.42% | -0.19% | 1.00% | 1.02% |
According to 1 Wall Street analysts, MidWestOne Financial Group's projected average Quarter EPS for Mar 24 is $0.36, with a low estimate of $0.34 and a high estimate of $0.37. This represents a 110.59% increase compared to MOFG previous annual EPS of $0.17 (Dec 23).
MidWestOne Financial Group Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CIVB | Civista Bancshares | - | - | 6.48% | Buy |
| FFNW | First Financial Northwest | - | - | 4.58% | Hold |
| HBCP | Home Bancorp | - | - | 2.23% | Buy |
| HFWA | Heritage Financial | - | - | 0.81% | Hold |
| FNWB | First Northwest Bancorp | - | - | -0.63% | Hold |
| GSBC | Great Southern Bancorp | - | - | -0.99% | Hold |
| FSBW | FS Bancorp | - | - | -4.58% | |
| MOFG | MidWestOne Financial Group | - | - | -4.58% | Hold |
| FCCO | First Community | - | - | -15.80% | Buy |