Equities research analysts expect that MutualFirst Financial, Inc. (NASDAQ:MFSF) will post earnings per share of $0.65 for the current quarter, Zacks reports. Two analysts have issued estimates for MutualFirst Financial’s earnings. The highest EPS estimate is $0.67 and the lowest is $0.63. MutualFirst Financial posted earnings of $0.46 per share in the same quarter last year, which suggests a positive year over year growth rate of 41.3%. The firm is expected to announce its next quarterly earnings results on Friday, February 1st.

According to Zacks, analysts expect that MutualFirst Financial will report full year earnings of $2.26 per share for the current financial year, with EPS estimates ranging from $2.23 to $2.28. For the next financial year, analysts forecast that the firm will post earnings of $2.67 per share, with EPS estimates ranging from $2.62 to $2.73. Zacks’ EPS calculations are a mean average based on a survey of analysts that that provide coverage for MutualFirst Financial.

MutualFirst Financial (NASDAQ:MFSF) last announced its quarterly earnings data on Thursday, October 25th. The bank reported $0.64 EPS for the quarter, missing the Zacks’ consensus estimate of $0.66 by ($0.02). MutualFirst Financial had a return on equity of 10.57% and a net margin of 16.27%. The business had revenue of $21.46 million for the quarter, compared to analyst estimates of $21.65 million.

MFSF has been the subject of a number of recent research reports. Zacks Investment Research raised MutualFirst Financial from a “hold” rating to a “buy” rating and set a $40.00 price target for the company in a research note on Thursday, November 1st. TheStreet downgraded MutualFirst Financial from a “b” rating to a “c+” rating in a research note on Friday, July 27th. BidaskClub raised MutualFirst Financial from a “sell” rating to a “hold” rating in a research note on Friday, October 5th. DA Davidson reaffirmed a “neutral” rating on shares of MutualFirst Financial in a research note on Monday, July 30th. Finally, ValuEngine downgraded MutualFirst Financial from a “hold” rating to a “sell” rating in a research note on Tuesday. One analyst has rated the stock with a sell rating and four have given a hold rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $39.50.

In other news, Director Mark L. Barkley sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, November 7th. The stock was sold at an average price of $35.49, for a total transaction of $177,450.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 11.30% of the stock is owned by company insiders.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Dimensional Fund Advisors LP raised its stake in shares of MutualFirst Financial by 0.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 449,164 shares of the bank’s stock valued at $16,956,000 after acquiring an additional 2,555 shares in the last quarter. BlackRock Inc. raised its stake in shares of MutualFirst Financial by 1.3% in the 3rd quarter. BlackRock Inc. now owns 302,775 shares of the bank’s stock valued at $11,157,000 after acquiring an additional 3,935 shares in the last quarter. Renaissance Technologies LLC raised its stake in shares of MutualFirst Financial by 8.9% in the 2nd quarter. Renaissance Technologies LLC now owns 232,347 shares of the bank’s stock valued at $8,771,000 after acquiring an additional 18,947 shares in the last quarter. California Public Employees Retirement System raised its stake in shares of MutualFirst Financial by 5.8% in the 2nd quarter. California Public Employees Retirement System now owns 29,171 shares of the bank’s stock valued at $1,101,000 after acquiring an additional 1,597 shares in the last quarter. Finally, PNC Financial Services Group Inc. bought a new position in shares of MutualFirst Financial in the 2nd quarter valued at approximately $882,000. 46.64% of the stock is owned by institutional investors.

Shares of MFSF traded down $0.73 during midday trading on Friday, reaching $35.02. 3,745 shares of the stock were exchanged, compared to its average volume of 8,715. MutualFirst Financial has a 12-month low of $33.66 and a 12-month high of $40.00. The company has a debt-to-equity ratio of 1.46, a current ratio of 0.98 and a quick ratio of 0.98. The company has a market capitalization of $306.31 million, a PE ratio of 18.34, a price-to-earnings-growth ratio of 2.99 and a beta of 0.14.

MutualFirst Financial Company Profile

MutualFirst Financial, Inc operates as the bank holding company for MutualBank that provides various financial services in the United States. It accepts savings deposit, NOW, and demand accounts, as well as certificates of deposit. The company offers one-to four-family residential property, commercial real estate, construction and development, and commercial business loans; consumer loans, such as auto loans, boat and recreational vehicle loans, loans secured by savings deposits, and credit card and unsecured consumer loans; and adjustable rate loans.

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Earnings History and Estimates for MutualFirst Financial (NASDAQ:MFSF)

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