Mid Penn Bancorp (MPB) Stock Forecast, Price Target & Predictions
MPB Stock Forecast
Mid Penn Bancorp stock forecast is as follows: an average price target of $35.00 (represents a 10.58% upside from MPB’s last price of $31.65) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
MPB Price Target
The average price target for Mid Penn Bancorp (MPB) is $35.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $35.00 to $35.00. This represents a potential 10.58% upside from MPB's last price of $31.65.
MPB Analyst Ratings
According to 1 Wall Street analysts, Mid Penn Bancorp's rating consensus is 'Buy'. The analyst rating breakdown for MPB stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Mid Penn Bancorp 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 | Frank Schiraldi | Piper Sandler | - | - | 8.53% | 10.58% |
| Jul 29, 2024 | Frank Schiraldi | Piper Sandler | - | - | 9.54% | -2.05% |
| May 20, 2024 | Frank Schiraldi | Piper Sandler | - | - | 13.22% | -21.01% |
The latest Mid Penn Bancorp stock forecast, released on Oct 28, 2024 by Frank Schiraldi from Piper Sandler, set a price target of $35.00, which represents a 8.53% increase from the stock price at the time of the forecast ($32.25), and a 10.58% increase from MPB last price ($31.65).
Mid Penn Bancorp Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 3 |
| Avg Price Target | $35.00 | $35.00 | $30.33 |
| Last Closing Price | $31.65 | $31.65 | $31.65 |
| Upside/Downside | 10.58% | 10.58% | -4.17% |
In the current month, the average price target of Mid Penn Bancorp stock is $35.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 10.58% increase as opposed to Mid Penn Bancorp's last price of $31.65. This month's average price target is down 0.00% compared to last quarter, and up 15.40% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 28, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Jul 29, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| May 20, 2024 | Piper Sandler | Overweight | Overweight | Hold |
Mid Penn Bancorp's last stock rating was published by Piper Sandler on Oct 28, 2024. The company gave MPB a "Overweight" rating, the same as its previous rate.
Mid Penn Bancorp Financial Forecast
Mid Penn Bancorp 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 | - | - | - | - | - | - | - | - | - | - | - | - | $66.12M | $63.42M | $41.26M | $39.88M | $44.80M | $44.91M | $40.65M | $40.03M | $34.47M | $31.37M | $31.80M | $29.92M | $31.49M | $26.72M | $24.97M | $20.60M | $21.99M | $20.81M |
| Avg Forecast | $61.41M | $60.36M | $58.66M | $57.10M | $56.72M | $55.66M | $52.58M | $46.87M | $46.12M | $44.51M | $41.91M | $41.22M | $42.51M | $42.11M | $41.17M | $43.80M | $45.82M | $41.43M | $38.73M | $39.74M | $31.45M | $29.10M | $29.52M | $29.32M | $27.91M | $26.89M | $21.19M | $20.26M | $21.17M | $21.50M |
| High Forecast | $62.12M | $61.05M | $59.33M | $57.76M | $57.37M | $56.30M | $53.18M | $47.41M | $46.65M | $44.60M | $41.91M | $41.22M | $43.00M | $42.60M | $41.64M | $44.30M | $46.34M | $41.43M | $38.73M | $39.74M | $31.45M | $29.10M | $29.52M | $29.32M | $27.91M | $26.89M | $21.19M | $20.26M | $21.17M | $21.50M |
| Low Forecast | $60.70M | $59.66M | $57.98M | $56.44M | $56.06M | $55.02M | $51.97M | $46.33M | $45.59M | $44.43M | $41.91M | $41.22M | $42.02M | $41.61M | $40.69M | $43.30M | $45.29M | $41.43M | $38.73M | $39.74M | $31.45M | $29.10M | $29.52M | $29.32M | $27.91M | $26.89M | $21.19M | $20.26M | $21.17M | $21.50M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.56% | 1.51% | 1.00% | 0.91% | 0.98% | 1.08% | 1.05% | 1.01% | 1.10% | 1.08% | 1.08% | 1.02% | 1.13% | 0.99% | 1.18% | 1.02% | 1.04% | 0.97% |
Mid Penn Bancorp's average Quarter revenue forecast for Mar 24 based on 1 analysts is $41.22M, with a low forecast of $41.22M, and a high forecast of $41.22M. MPB's average Quarter revenue forecast represents a -37.65% decrease compared to the company's last Quarter revenue of $66.12M (Dec 23).
Mid Penn Bancorp 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 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $14.39M | $11.51M | $4.98M | $28.34M | $30.99M | $23.48M | $19.83M | $19.05M | $5.58M | $17.36M | $17.33M | $16.91M | $16.75M | $13.74M | $14.94M | $12.09M | $13.77M | $13.79M |
| Avg Forecast | $21.71M | $21.33M | $20.73M | $20.18M | $20.05M | $19.67M | $18.58M | $16.57M | $16.30M | $15.73M | $14.81M | $21.11M | $15.02M | $14.88M | $14.55M | $19.19M | $4.29M | $13.79M | $12.89M | $15.17M | $10.47M | $9.69M | $9.83M | $13.38M | $9.29M | $8.95M | $7.05M | $10.23M | $7.05M | $7.16M |
| High Forecast | $21.95M | $21.58M | $20.97M | $20.41M | $20.28M | $19.90M | $18.80M | $16.76M | $16.49M | $15.76M | $14.81M | $25.34M | $15.20M | $15.06M | $14.72M | $23.03M | $5.15M | $13.79M | $12.89M | $18.21M | $10.47M | $9.69M | $9.83M | $16.05M | $9.29M | $8.95M | $7.05M | $12.27M | $7.05M | $7.16M |
| Low Forecast | $21.46M | $21.09M | $20.49M | $19.95M | $19.82M | $19.45M | $18.37M | $16.38M | $16.11M | $15.70M | $14.81M | $16.89M | $14.85M | $14.71M | $14.38M | $15.36M | $3.43M | $13.79M | $12.89M | $12.14M | $10.47M | $9.69M | $9.83M | $10.70M | $9.29M | $8.95M | $7.05M | $8.18M | $7.05M | $7.16M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | 0.77% | 0.34% | 1.48% | 7.22% | 1.70% | 1.54% | 1.26% | 0.53% | 1.79% | 1.76% | 1.26% | 1.80% | 1.54% | 2.12% | 1.18% | 1.95% | 1.93% |
1 analysts predict MPB's average Quarter EBITDA for Mar 24 to be $21.11M, with a high of $25.34M and a low of $16.89M. This is 46.71% upper than Mid Penn Bancorp's previous annual EBITDA (Dec 23) of $14.39M.
Mid Penn Bancorp 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 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $12.10M | $9.24M | $4.84M | $11.23M | $15.72M | $15.48M | $12.25M | $11.35M | $607.00K | $9.79M | $9.61M | $9.31M | $9.01M | $6.55M | $6.83M | $3.82M | $4.41M | $4.81M |
| Avg Forecast | $15.83M | $15.17M | $14.50M | $13.06M | $13.28M | $12.40M | $11.96M | $11.40M | $11.85M | $11.85M | $10.02M | $12.59M | $9.74M | $10.38M | $11.21M | $11.44M | $667.70K | $13.62M | $11.21M | $9.04M | $8.47M | $7.80M | $10.30M | $7.37M | $14.45M | $9.30M | $5.15M | $3.23M | $9.47M | $9.63M |
| High Forecast | $16.07M | $15.39M | $14.72M | $13.26M | $13.48M | $12.58M | $12.13M | $11.57M | $12.02M | $11.90M | $10.02M | $15.10M | $9.89M | $11.22M | $11.38M | $13.73M | $801.24K | $13.62M | $11.21M | $10.85M | $8.47M | $7.80M | $10.30M | $8.84M | $14.45M | $9.30M | $5.15M | $3.88M | $9.47M | $9.63M |
| Low Forecast | $15.59M | $14.94M | $14.28M | $12.87M | $13.09M | $12.21M | $11.78M | $11.23M | $11.67M | $11.79M | $10.02M | $10.07M | $9.60M | $9.71M | $11.04M | $9.15M | $534.16K | $13.62M | $11.21M | $7.24M | $8.47M | $7.80M | $10.30M | $5.89M | $14.45M | $9.30M | $5.15M | $2.58M | $9.47M | $9.63M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.24% | 0.89% | 0.43% | 0.98% | 23.54% | 1.14% | 1.09% | 1.26% | 0.07% | 1.25% | 0.93% | 1.26% | 0.62% | 0.70% | 1.33% | 1.18% | 0.47% | 0.50% |
Mid Penn Bancorp's average Quarter net income forecast for Mar 24 is $12.59M, with a range of $10.07M to $15.10M. MPB's average Quarter net income forecast represents a 4.03% increase compared to the company's last Quarter net income of $12.10M (Dec 23).
Mid Penn Bancorp 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 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $653.00K | $890.00K | $15.71M | $14.18M | $13.68M | $15.64M | $14.67M | $15.94M | $13.33M | $12.66M | $12.16M | $11.78M | $13.35M | $12.43M | $9.88M | $10.15M | $10.21M | $9.83M |
| Avg Forecast | $24.69M | $24.26M | $23.58M | $22.95M | $22.80M | $22.38M | $21.14M | $18.84M | $18.54M | $17.89M | $16.85M | $17.67M | $17.09M | $16.93M | $16.55M | $16.06M | $-38.09M | $13.57M | $12.69M | $12.70M | $10.30M | $9.53M | $9.67M | $9.32M | $9.14M | $8.81M | $6.94M | $8.59M | $6.94M | $7.04M |
| High Forecast | $24.97M | $24.54M | $23.85M | $23.22M | $23.06M | $22.63M | $21.38M | $19.06M | $18.75M | $17.93M | $16.85M | $21.20M | $17.28M | $17.12M | $16.74M | $19.28M | $-30.47M | $13.57M | $12.69M | $15.24M | $10.30M | $9.53M | $9.67M | $11.19M | $9.14M | $8.81M | $6.94M | $10.31M | $6.94M | $7.04M |
| Low Forecast | $24.40M | $23.98M | $23.31M | $22.69M | $22.54M | $22.12M | $20.89M | $18.63M | $18.33M | $17.86M | $16.85M | $14.14M | $16.89M | $16.73M | $16.36M | $12.85M | $-45.71M | $13.57M | $12.69M | $10.16M | $10.30M | $9.53M | $9.67M | $7.46M | $9.14M | $8.81M | $6.94M | $6.87M | $6.94M | $7.04M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.04% | 0.05% | 0.95% | 0.88% | -0.36% | 1.15% | 1.16% | 1.26% | 1.29% | 1.33% | 1.26% | 1.26% | 1.46% | 1.41% | 1.42% | 1.18% | 1.47% | 1.40% |
Mid Penn Bancorp's average Quarter SG&A projection for Mar 24 is $17.67M, based on 1 Wall Street analysts, with a range of $14.14M to $21.20M. The forecast indicates a 2606.02% rise compared to MPB last annual SG&A of $653.00K (Dec 23).
Mid Penn Bancorp 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 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.73 | $0.56 | $0.29 | $0.71 | $0.99 | $0.97 | $0.77 | $0.71 | $0.05 | $0.86 | $0.93 | $1.10 | $1.07 | $0.78 | $0.81 | $0.45 | $0.52 | $0.57 |
| Avg Forecast | $0.95 | $0.91 | $0.87 | $0.79 | $0.80 | $0.75 | $0.72 | $0.69 | $0.71 | $0.71 | $0.60 | $0.61 | $0.59 | $0.63 | $0.68 | $0.88 | $0.97 | $0.82 | $0.68 | $0.58 | $0.51 | $0.47 | $0.62 | $0.91 | $0.87 | $0.56 | $0.31 | $0.39 | $0.57 | $0.58 |
| High Forecast | $0.97 | $0.93 | $0.89 | $0.80 | $0.81 | $0.76 | $0.73 | $0.70 | $0.72 | $0.72 | $0.60 | $0.61 | $0.60 | $0.68 | $0.69 | $0.89 | $0.99 | $0.82 | $0.68 | $0.58 | $0.51 | $0.47 | $0.62 | $0.91 | $0.87 | $0.56 | $0.31 | $0.39 | $0.57 | $0.58 |
| Low Forecast | $0.94 | $0.90 | $0.86 | $0.77 | $0.79 | $0.74 | $0.71 | $0.68 | $0.70 | $0.71 | $0.60 | $0.61 | $0.58 | $0.58 | $0.66 | $0.87 | $0.96 | $0.82 | $0.68 | $0.58 | $0.51 | $0.47 | $0.62 | $0.91 | $0.87 | $0.56 | $0.31 | $0.39 | $0.57 | $0.58 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.24% | 0.90% | 0.43% | 0.81% | 1.02% | 1.18% | 1.14% | 1.21% | 0.10% | 1.83% | 1.50% | 1.22% | 1.23% | 1.39% | 2.61% | 1.15% | 0.91% | 0.98% |
According to 1 Wall Street analysts, Mid Penn Bancorp's projected average Quarter EPS for Mar 24 is $0.61, with a low estimate of $0.61 and a high estimate of $0.61. This represents a -16.89% decrease compared to MPB previous annual EPS of $0.73 (Dec 23).