NASDAQ:MPB Mid Penn Bancorp (MPB) Stock Price, News & Analysis → Write this ticker symbol down… (From StocksToTrade) (Ad) Free MPB Stock Alerts $20.97 -0.08 (-0.38%) (As of 06/7/2024 08:52 PM ET) Add Compare Share Share Today's Range$20.75▼$21.0050-Day Range$19.20▼$21.9352-Week Range$18.63▼$25.83Volume14,800 shsAverage Volume32,607 shsMarket Capitalization$349.99 millionP/E Ratio9.08Dividend Yield3.81%Price Target$26.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Mid Penn Bancorp alerts: Email Address Mid Penn Bancorp MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside24.0% Upside$26.00 Price TargetShort InterestHealthy0.94% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares$248,893 Bought Last QuarterProj. Earnings Growth13.11%From $2.67 to $3.02 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.87 out of 5 starsFinance Sector307th out of 816 stocksState Commercial Banks Industry79th out of 165 stocks 2.5 Analyst's Opinion Consensus RatingMid Penn Bancorp has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageMid Penn Bancorp has received no research coverage in the past 90 days.Read more about Mid Penn Bancorp's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted0.94% of the outstanding shares of Mid Penn Bancorp have been sold short.Short Interest Ratio / Days to CoverMid Penn Bancorp has a short interest ratio ("days to cover") of 5.2.Change versus previous monthShort interest in Mid Penn Bancorp has recently decreased by 11.42%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipMid Penn Bancorp is a leading dividend payer. It pays a dividend yield of 3.81%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthMid Penn Bancorp does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Mid Penn Bancorp is 34.63%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Mid Penn Bancorp will have a dividend payout ratio of 26.49% next year. This indicates that Mid Penn Bancorp will be able to sustain or increase its dividend.Read more about Mid Penn Bancorp's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MPB. Previous Next 0.6 News and Social Media Coverage MarketBeat Follows1 people have added Mid Penn Bancorp to their MarketBeat watchlist in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Mid Penn Bancorp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $248,893.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders10.70% of the stock of Mid Penn Bancorp is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions43.11% of the stock of Mid Penn Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Mid Penn Bancorp's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Mid Penn Bancorp are expected to grow by 13.11% in the coming year, from $2.67 to $3.02 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Mid Penn Bancorp is 9.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.61.Price to Earnings Ratio vs. SectorThe P/E ratio of Mid Penn Bancorp is 9.08, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.84.Price to Book Value per Share RatioMid Penn Bancorp has a P/B Ratio of 0.64. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Mid Penn Bancorp's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad StocksToTradeWrite this ticker symbol down…A megatrend now poised to mint a brand-new wave of millionaires right here in America. And today, self-made millionaire Tim Bohen is giving you an inside look at the megatrend that’s going to change everything.Discover the #1 company leading this revolution About Mid Penn Bancorp Stock (NASDAQ:MPB)Mid Penn Bancorp, Inc. operates as the bank holding company for Mid Penn Bank that provides commercial banking services to individuals, partnerships, non-profit organizations, and corporations. The company offers various time and demand deposit products, including checking accounts, savings accounts, clubs, money market deposit accounts, certificates of deposit, and individual retirement accounts. It also provides a range of loan products comprising mortgage and home equity loans, secured and unsecured commercial and consumer loans, lines of credit, construction financing, farm loans, community development loans, loans to non-profit entities, and local government loans. In addition, the company offers trust, retail investment, wealth management, and insurance services; and provides online banking, telephone banking, cash management, and automated teller services, as well as safe deposit boxes. The company was founded in 1868 and is headquartered in Harrisburg, Pennsylvania.Read More MPB Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MPB Stock News HeadlinesMay 24, 2024 | thestreet.comMid Penn BancorpMay 24, 2024 | finance.yahoo.comMid Penn Bancorp, Inc. (MPB)May 3, 2024 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: Mid Penn Bancorp (MPB), Ares Management (ARES) and Reinsurance Group (RGA)April 29, 2024 | finance.yahoo.com10 Undervalued Stocks with Latest Insider PurchasesApril 24, 2024 | finance.yahoo.comMid Penn Bancorp Inc Surpasses Analyst Expectations with Strong Q1 EarningsApril 24, 2024 | businesswire.comMid Penn Bancorp, Inc. Reports First Quarter Earnings Beat and Declares 54th Consecutive Quarterly DividendMarch 20, 2024 | investing.comMid Penn Bancorp director buys $40.8k in company stockMarch 14, 2024 | msn.comMid Penn Bank Launches Sports and Entertainment Division of Private BankFebruary 23, 2024 | benzinga.comMid Penn Bancorp Stock (NASDAQ:MPB) Earnings Dates and Earning CallsFebruary 22, 2024 | benzinga.comMid Penn Bancorp Stock (NASDAQ:MPB) Dividends: History, Yield and DatesFebruary 1, 2024 | markets.businessinsider.comKBW Reaffirms Their Buy Rating on Mid Penn Bancorp (MPB)January 29, 2024 | markets.businessinsider.comKBW Remains a Buy on Mid Penn Bancorp (MPB)January 27, 2024 | finance.yahoo.comMid Penn Bancorp Full Year 2023 Earnings: EPS Misses ExpectationsJanuary 26, 2024 | benzinga.comRecap: Mid Penn Bancorp Q4 EarningsJanuary 26, 2024 | finance.yahoo.comMid Penn Bancorp Inc Reports Robust Earnings Growth and Declares DividendJanuary 26, 2024 | finance.yahoo.comMid Penn Bancorp, Inc. Reports Fourth Quarter Earnings and Declares Quarterly DividendJanuary 26, 2024 | finance.yahoo.comMid Penn Bancorp (MPB) Q4 Earnings and Revenues Surpass EstimatesJanuary 19, 2024 | finance.yahoo.comMid Penn Bank Promotes Jordan Space to President of the Private Bank and Chief Operating Officer of the CompanyJanuary 18, 2024 | finance.yahoo.comMid Penn Bank Promotes Scott Micklewright to President of the Commercial and Consumer BankJanuary 12, 2024 | marketwatch.comMid Penn Bancorp Names Justin Webb Finance ChiefJanuary 12, 2024 | finance.yahoo.comMid Penn Bancorp, Inc. Appoints Justin T. Webb as Chief Financial OfficerJanuary 1, 2024 | finance.yahoo.comInstitutions own 41% of Mid Penn Bancorp, Inc. (NASDAQ:MPB) shares but retail investors control 53% of the companyDecember 14, 2023 | finance.yahoo.comFirst Mid Bancshares (FMBH) Stock Jumps 5.8%: Will It Continue to Soar?December 5, 2023 | finance.yahoo.comShareholders in Mid Penn Bancorp (NASDAQ:MPB) are in the red if they invested a year agoDecember 4, 2023 | realmoney.thestreet.comMid Penn Bancorp initiated with an Outperform at Keefe BruyetteSee More Headlines Receive MPB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Mid Penn Bancorp and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings4/24/2024Ex-Dividend for 5/27 Dividend5/09/2024Dividend Payable5/27/2024Today6/09/2024Next Earnings (Estimated)7/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry State commercial banks Sub-IndustryN/A Current SymbolNASDAQ:MPB CUSIPN/A CIK879635 Webwww.midpennbank.com Phone(866) 642-7736Fax717-692-4861Employees621Year FoundedN/APrice Target and Rating Average Stock Price Target$26.00 High Stock Price Target$26.00 Low Stock Price Target$26.00 Potential Upside/Downside+24.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$2.31 Trailing P/E Ratio9.08 Forward P/E Ratio7.85 P/E GrowthN/ANet Income$37.40 million Net Margins13.89% Pretax Margin16.53% Return on Equity8.08% Return on Assets0.83% Debt Debt-to-Equity Ratio0.13 Current Ratio0.94 Quick Ratio0.94 Sales & Book Value Annual Sales$256.35 million Price / Sales1.37 Cash Flow$3.07 per share Price / Cash Flow6.82 Book Value$32.54 per share Price / Book0.64Miscellaneous Outstanding Shares16,690,000Free Float14,903,000Market Cap$349.99 million OptionableOptionable Beta0.59 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Rory G. Ritrievi (Age 60)President, CEO & Chairman Comp: $1.05MMr. Justin T. Webb (Age 41)Chief Financial Officer Comp: $554.11kMr. Joseph Louis Paese CFP (Age 80)Executive VP and Director of Trust & Wealth Management of Mid Penn Bank Comp: $385.23kMr. Jordan D. SpaceChief Operating OfficerMargaret E. SteinourSenior VP & Chief Administrative OfficerZachary C. MillerFirst SVP & Chief Risk OfficerMs. Heather R. Hall (Age 50)Senior EVP, Central Pennsylvania Market President & Chief Lending Officer of Bank Elizabeth O. MartinCorporate SecretaryMore ExecutivesKey CompetitorsACNBNASDAQ:ACNBHoward BancorpNASDAQ:HBMDMVB FinancialNASDAQ:MVBFCentral Valley Community BancorpNASDAQ:CVCYMutualFirst FinancialNASDAQ:MFSFView All CompetitorsInsiders & InstitutionsKennedy Capital Management LLCBought 53,650 shares on 5/16/2024Ownership: 0.576%California State Teachers Retirement SystemSold 725 shares on 5/16/2024Ownership: 0.089%Vanguard Group Inc.Bought 12,314 shares on 5/10/2024Ownership: 4.153%Empowered Funds LLCBought 2,275 shares on 5/7/2024Ownership: 0.189%SG Americas Securities LLCSold 2,810 shares on 5/7/2024Ownership: 0.032%View All Insider TransactionsView All Institutional Transactions MPB Stock Analysis - Frequently Asked Questions Should I buy or sell Mid Penn Bancorp stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Mid Penn Bancorp in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MPB shares. View MPB analyst ratings or view top-rated stocks. What is Mid Penn Bancorp's stock price target for 2024? 2 equities research analysts have issued 12-month price objectives for Mid Penn Bancorp's shares. Their MPB share price targets range from $26.00 to $26.00. On average, they expect the company's stock price to reach $26.00 in the next twelve months. This suggests a possible upside of 24.0% from the stock's current price. View analysts price targets for MPB or view top-rated stocks among Wall Street analysts. How have MPB shares performed in 2024? Mid Penn Bancorp's stock was trading at $24.28 on January 1st, 2024. Since then, MPB stock has decreased by 13.6% and is now trading at $20.97. View the best growth stocks for 2024 here. When is Mid Penn Bancorp's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024. View our MPB earnings forecast. How were Mid Penn Bancorp's earnings last quarter? Mid Penn Bancorp, Inc. (NASDAQ:MPB) posted its quarterly earnings results on Wednesday, April, 24th. The financial services provider reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.02. The financial services provider had revenue of $42.29 million for the quarter, compared to analysts' expectations of $40.87 million. Mid Penn Bancorp had a net margin of 13.89% and a trailing twelve-month return on equity of 8.08%. How often does Mid Penn Bancorp pay dividends? What is the dividend yield for Mid Penn Bancorp? Mid Penn Bancorp declared a quarterly dividend on Wednesday, April 24th. Investors of record on Friday, May 10th will be paid a dividend of $0.20 per share on Monday, May 27th. This represents a $0.80 annualized dividend and a yield of 3.81%. The ex-dividend date of this dividend is Thursday, May 9th. Read our dividend analysis for MPB. Is Mid Penn Bancorp a good dividend stock? Mid Penn Bancorp (NASDAQ:MPB) pays an annual dividend of $0.80 per share and currently has a dividend yield of 3.81%. The dividend payout ratio is 34.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MPB will have a dividend payout ratio of 26.49% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MPB. What is Rory G. Ritrievi's approval rating as Mid Penn Bancorp's CEO? 24 employees have rated Mid Penn Bancorp Chief Executive Officer Rory G. Ritrievi on Glassdoor.com. Rory G. Ritrievi has an approval rating of 86% among the company's employees. What other stocks do shareholders of Mid Penn Bancorp own? Based on aggregate information from My MarketBeat watchlists, some companies that other Mid Penn Bancorp investors own include AT&T (T), Exxon Mobil (XOM), Walt Disney (DIS), Enterprise Products Partners (EPD), Wells Fargo & Company (WFC), Energy Transfer (ET), International Business Machines (IBM), Pfizer (PFE), Verizon Communications (VZ) and Consolidated Edison (ED). Who are Mid Penn Bancorp's major shareholders? Mid Penn Bancorp's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (4.15%), LSV Asset Management (0.78%), Kennedy Capital Management LLC (0.58%), Empowered Funds LLC (0.19%), BNP Paribas Financial Markets (0.14%) and California State Teachers Retirement System (0.09%). Insiders that own company stock include Brian Arden Sr Hudson, Bruce A Kiefer, David E Sparks, Frank Gumina Jr, Joel L Frank, John E Noone, Kimberly J Brumbaugh, Maureen M Gathagan, Noble C Quandel Jr, Robert A Abel, Rory G Ritrievi, Soto Matthew G De, Theodore W Mowery and Theodore W Mowery. View institutional ownership trends. How do I buy shares of Mid Penn Bancorp? Shares of MPB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:MPB) was last updated on 6/10/2024 by MarketBeat.com Staff From Our PartnersWrite this ticker symbol down…A megatrend now poised to mint a brand-new wave of millionaires right here in America. 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