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 $31.00 (represents a 3.85% upside from MPB’s last price of $29.85) 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 $31.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $31.00 to $31.00. This represents a potential 3.85% upside from MPB's last price of $29.85.
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 |
|---|---|---|---|---|---|---|
| Jul 29, 2024 | Frank Schiraldi | Piper Sandler | $31.00 | $28.30 | 9.54% | 3.85% |
| May 20, 2024 | Frank Schiraldi | Piper Sandler | $25.00 | $22.08 | 13.22% | -16.25% |
The latest Mid Penn Bancorp stock forecast, released on Jul 29, 2024 by Frank Schiraldi from Piper Sandler, set a price target of $31.00, which represents a 9.54% increase from the stock price at the time of the forecast ($28.30), and a 3.85% increase from MPB last price ($29.85).
Mid Penn Bancorp Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $31.00 | $28.00 |
| Last Closing Price | $29.85 | $29.85 | $29.85 |
| Upside/Downside | -100.00% | 3.85% | -6.20% |
In the current month, the average price target of Mid Penn Bancorp stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Mid Penn Bancorp's last price of $29.85. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 Jul 29, 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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 10 | Jun 10 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $66.12M | $63.42M | $41.26M | $39.88M | $44.80M | $44.91M | - | $40.03M | $34.47M | $31.37M | $31.80M | $29.92M | $31.49M | $26.72M | $24.97M | $20.60M | $21.99M | $20.81M | $20.63M | $19.36M | $5.81M | $5.93M |
| Avg Forecast | $49.53M | $48.75M | $47.24M | $45.71M | $45.36M | $44.68M | $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 | $20.40M | $19.90M | $10.04M | $5.93M |
| High Forecast | $50.55M | $49.76M | $48.22M | $46.65M | $46.30M | $45.60M | $42.77M | $42.07M | $43.38M | $42.60M | $42.02M | $44.70M | $46.76M | $42.29M | $38.73M | $39.91M | $31.58M | $29.23M | $29.65M | $29.45M | $28.03M | $27.01M | $21.28M | $20.35M | $21.27M | $21.59M | $20.49M | $19.99M | $12.04M | $7.11M |
| Low Forecast | $49.00M | $48.23M | $46.74M | $45.22M | $44.87M | $44.20M | $41.46M | $40.78M | $42.05M | $41.61M | $40.73M | $43.33M | $45.32M | $40.99M | $38.73M | $39.47M | $31.24M | $28.91M | $29.32M | $29.13M | $27.73M | $26.71M | $21.05M | $20.12M | $21.03M | $21.36M | $20.26M | $19.76M | $8.03M | $4.74M |
| # Analysts | - | - | - | - | 1 | 2 | 1 | - | 1 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 13 | 12 |
| Surprise % | - | - | - | - | - | - | - | - | 1.56% | 1.51% | 1.00% | 0.91% | 0.98% | 1.08% | - | 1.01% | 1.10% | 1.08% | 1.08% | 1.02% | 1.13% | 0.99% | 1.18% | 1.02% | 1.04% | 0.97% | 1.01% | 0.97% | 0.58% | 1.00% |
Mid Penn Bancorp's average Quarter revenue forecast for Mar 24 based on 0 analysts is $41.22M, with a low forecast of $40.78M, and a high forecast of $42.07M. 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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 10 | Jun 10 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | - | 1 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 13 | 12 |
| EBITDA | - | - | - | - | - | - | - | - | $14.39M | $11.51M | $4.98M | $28.34M | $30.99M | $23.48M | - | $19.05M | $5.58M | $17.36M | $17.33M | $16.91M | $16.75M | $13.74M | $14.94M | $12.09M | $13.77M | $13.79M | $13.13M | $11.98M | $3.26M | $4.02M |
| Avg Forecast | $16.49M | $16.23M | $15.73M | $15.22M | $15.10M | $14.87M | $13.95M | $21.11M | $14.15M | $14.02M | $13.71M | $19.19M | $15.25M | $13.31M | $12.89M | $15.17M | $3.90M | $12.10M | $18.05M | $13.38M | $13.09M | $8.34M | $9.16M | $10.23M | $14.98M | $13.79M | $13.38M | $11.72M | $4.16M | $4.02M |
| High Forecast | $16.83M | $16.57M | $16.05M | $15.53M | $15.41M | $15.18M | $14.24M | $25.34M | $14.44M | $14.18M | $13.99M | $23.03M | $15.57M | $15.97M | $12.89M | $18.21M | $4.68M | $14.52M | $21.66M | $16.05M | $15.71M | $10.01M | $10.99M | $12.27M | $17.97M | $16.55M | $16.05M | $14.07M | $5.00M | $4.82M |
| Low Forecast | $16.31M | $16.06M | $15.56M | $15.06M | $14.94M | $14.71M | $13.80M | $16.89M | $14.00M | $13.85M | $13.56M | $15.36M | $15.09M | $10.65M | $12.89M | $12.14M | $3.12M | $9.68M | $14.44M | $10.70M | $10.47M | $6.68M | $7.33M | $8.18M | $11.98M | $11.03M | $10.70M | $9.38M | $3.33M | $3.21M |
| Surprise % | - | - | - | - | - | - | - | - | 1.02% | 0.82% | 0.36% | 1.48% | 2.03% | 1.76% | - | 1.26% | 1.43% | 1.43% | 0.96% | 1.26% | 1.28% | 1.65% | 1.63% | 1.18% | 0.92% | 1.00% | 0.98% | 1.02% | 0.78% | 1.00% |
0 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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 10 | Jun 10 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | - | 1 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 13 | 12 |
| Net Income | - | - | - | - | - | - | - | - | $12.10M | $9.24M | $4.84M | $11.23M | $15.72M | $15.48M | - | $11.35M | $607.00K | $9.79M | $9.61M | $9.31M | $9.01M | $6.55M | $6.83M | $3.82M | $4.41M | $4.81M | $4.40M | $4.08M | $480.00K | $791.00K |
| Avg Forecast | $13.73M | $13.45M | $12.68M | $11.73M | $12.01M | $11.96M | $10.02M | $12.59M | $9.74M | $10.38M | $11.21M | $11.44M | $16.19M | $7.50M | $11.21M | $9.04M | $607.00K | $6.82M | $10.01M | $7.37M | $7.04M | $3.97M | $4.19M | $3.23M | $4.79M | $4.81M | $4.49M | $3.99M | $613.89K | $791.00K |
| High Forecast | $14.09M | $13.81M | $13.01M | $12.05M | $12.33M | $12.28M | $10.29M | $15.10M | $10.00M | $11.22M | $11.51M | $13.73M | $16.62M | $9.00M | $11.21M | $10.85M | $728.40K | $8.19M | $12.01M | $8.84M | $8.45M | $4.77M | $5.03M | $3.88M | $5.75M | $5.78M | $5.38M | $4.79M | $736.67K | $949.20K |
| Low Forecast | $13.54M | $13.26M | $12.50M | $11.57M | $11.84M | $11.79M | $9.88M | $10.07M | $9.61M | $9.71M | $11.05M | $9.15M | $15.96M | $6.00M | $11.21M | $7.24M | $485.60K | $5.46M | $8.01M | $5.89M | $5.63M | $3.18M | $3.35M | $2.58M | $3.84M | $3.85M | $3.59M | $3.19M | $491.12K | $632.80K |
| Surprise % | - | - | - | - | - | - | - | - | 1.24% | 0.89% | 0.43% | 0.98% | 0.97% | 2.06% | - | 1.26% | 1.00% | 1.43% | 0.96% | 1.26% | 1.28% | 1.65% | 1.63% | 1.18% | 0.92% | 1.00% | 0.98% | 1.02% | 0.78% | 1.00% |
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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 10 | Jun 10 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | - | 1 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 13 | 12 |
| SG&A | - | - | - | - | - | - | - | - | $653.00K | $890.00K | $15.71M | $14.18M | $13.68M | $15.64M | - | $15.94M | $13.33M | $12.66M | $12.16M | $11.78M | $13.35M | $12.43M | $9.88M | $10.15M | $10.21M | $9.83M | $9.60M | $9.30M | $2.83M | $2.73M |
| Avg Forecast | $16.22M | $15.97M | $15.48M | $14.97M | $14.86M | $14.63M | $13.73M | $17.67M | $13.92M | $13.79M | $13.48M | $16.06M | $15.01M | $9.71M | $12.69M | $12.70M | $-34.63M | $8.83M | $12.66M | $9.32M | $10.44M | $7.54M | $6.05M | $8.59M | $11.10M | $9.83M | $9.78M | $9.10M | $3.61M | $2.73M |
| High Forecast | $16.56M | $16.30M | $15.79M | $15.28M | $15.16M | $14.94M | $14.01M | $21.20M | $14.21M | $13.95M | $13.76M | $19.28M | $15.32M | $11.65M | $12.69M | $15.24M | $-27.70M | $10.59M | $15.19M | $11.19M | $12.52M | $9.05M | $7.26M | $10.31M | $13.32M | $11.80M | $11.73M | $10.92M | $4.34M | $3.27M |
| Low Forecast | $16.05M | $15.80M | $15.31M | $14.81M | $14.70M | $14.48M | $13.58M | $14.14M | $13.77M | $13.63M | $13.34M | $12.85M | $14.85M | $7.77M | $12.69M | $10.16M | $-41.55M | $7.06M | $10.13M | $7.46M | $8.35M | $6.04M | $4.84M | $6.87M | $8.88M | $7.87M | $7.82M | $7.28M | $2.89M | $2.18M |
| Surprise % | - | - | - | - | - | - | - | - | 0.05% | 0.06% | 1.17% | 0.88% | 0.91% | 1.61% | - | 1.26% | -0.38% | 1.43% | 0.96% | 1.26% | 1.28% | 1.65% | 1.63% | 1.18% | 0.92% | 1.00% | 0.98% | 1.02% | 0.78% | 1.00% |
Mid Penn Bancorp's average Quarter SG&A projection for Mar 24 is $17.67M, based on 0 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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 10 | Jun 10 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | - | 1 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 13 | 12 |
| EPS | - | - | - | - | - | - | - | - | $0.73 | $0.56 | $0.29 | $0.71 | $0.99 | $0.97 | - | $0.71 | $0.05 | $0.86 | $0.93 | $1.10 | $1.07 | $0.78 | $0.81 | $0.45 | $0.52 | $0.57 | $0.52 | $0.48 | $0.11 | $0.19 |
| Avg Forecast | $0.83 | $0.81 | $0.76 | $0.71 | $0.72 | $0.72 | $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 | $0.53 | $0.47 | $0.24 | $0.19 |
| High Forecast | $0.85 | $0.83 | $0.78 | $0.73 | $0.74 | $0.74 | $0.62 | $0.62 | $0.60 | $0.68 | $0.69 | $0.90 | $1.00 | $0.84 | $0.68 | $0.59 | $0.51 | $0.47 | $0.62 | $0.91 | $0.87 | $0.56 | $0.31 | $0.39 | $0.57 | $0.58 | $0.53 | $0.47 | $0.29 | $0.23 |
| Low Forecast | $0.82 | $0.80 | $0.75 | $0.70 | $0.71 | $0.71 | $0.59 | $0.60 | $0.58 | $0.58 | $0.67 | $0.87 | $0.96 | $0.81 | $0.68 | $0.58 | $0.51 | $0.47 | $0.61 | $0.90 | $0.86 | $0.56 | $0.31 | $0.39 | $0.57 | $0.57 | $0.53 | $0.47 | $0.19 | $0.15 |
| Surprise % | - | - | - | - | - | - | - | - | 1.24% | 0.90% | 0.43% | 0.81% | 1.02% | 1.18% | - | 1.21% | 0.10% | 1.83% | 1.50% | 1.22% | 1.23% | 1.39% | 2.61% | 1.15% | 0.91% | 0.98% | 0.98% | 1.02% | 0.46% | 1.00% |
According to 0 Wall Street analysts, Mid Penn Bancorp's projected average Quarter EPS for Mar 24 is $0.61, with a low estimate of $0.60 and a high estimate of $0.62. This represents a -16.89% decrease compared to MPB previous annual EPS of $0.73 (Dec 23).
Mid Penn Bancorp Peer Comparison by Price Target
MPB Forecast FAQ
Is Mid Penn Bancorp a good buy?
Yes, according to 1 Wall Street analysts, Mid Penn Bancorp (MPB) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of MPB's total ratings.
What is MPB's price target?
Mid Penn Bancorp (MPB) average price target is $31 with a range of $31 to $31, implying a 3.85% from its last price of $29.85. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Mid Penn Bancorp stock go up soon?
According to Wall Street analysts' prediction for MPB stock, the company can go up by 3.85% (from the last price of $29.85 to the average price target of $31), up by 3.85% based on the highest stock price target, and up by 3.85% based on the lowest stock price target.
Can Mid Penn Bancorp stock reach $40?
MPB's average twelve months analyst stock price target of $31 does not support the claim that Mid Penn Bancorp can reach $40 in the near future.
What are Mid Penn Bancorp's analysts' financial forecasts?
Mid Penn Bancorp's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $173.18M (high $176.74M, low $171.31M), average EBITDA is $65.04M (high $70.17M, low $60.35M), average net income is $46.57M (high $50M, low $43.58M), average SG&A $60.89M (high $65.32M, low $56.89M), and average EPS is $2.65 (high $2.72, low $2.62). MPB's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $191.24M (high $195.18M, low $189.19M), average EBITDA is $63.67M (high $64.98M, low $62.98M), average net income is $51.59M (high $52.97M, low $50.87M), average SG&A $62.64M (high $63.93M, low $61.97M), and average EPS is $3.11 (high $3.19, low $3.06).
Did the MPB's actual financial results beat the analysts' financial forecasts?
Based on Mid Penn Bancorp's last annual report (Dec 2023), the company's revenue was $236.34M, beating the average analysts forecast of $169.58M by 39.36%. Apple's EBITDA was $44.69M, missing the average prediction of $61.07M by -26.82%. The company's net income was $37.4M, missing the average estimation of $42.77M by -12.56%. Apple's SG&A was $2.94M, missing the average forecast of $57.27M by -94.86%. Lastly, the company's EPS was $2.26, missing the average prediction of $2.77 by -18.31%. In terms of the last quarterly report (Dec 2023), Mid Penn Bancorp's revenue was $66.12M, beating the average analysts' forecast of $42.51M by 55.54%. The company's EBITDA was $14.39M, beating the average prediction of $14.15M by 1.70%. Mid Penn Bancorp's net income was $12.1M, beating the average estimation of $9.74M by 24.19%. The company's SG&A was $653K, missing the average forecast of $13.92M by -95.31%. Lastly, the company's EPS was $0.73, beating the average prediction of $0.587 by 24.43%