Financhill
Sell
33

FRME Quote, Financials, Valuation and Earnings

Last price:
$41.08
Seasonality move :
2.14%
Day range:
$40.34 - $41.15
52-week range:
$30.55 - $46.13
Dividend yield:
3.39%
P/E ratio:
13.54x
P/S ratio:
3.86x
P/B ratio:
1.06x
Volume:
106K
Avg. volume:
243.9K
1-year change:
8.6%
Market cap:
$2.4B
Revenue:
$651M
EPS (TTM):
$3.03

Analysts' Opinion

  • Consensus Rating
    First Merchants has received a consensus rating of --. The company's average rating is a -- based on 0 Buy ratings, 0 Hold ratings, and 0 Sell ratings.
  • Price Target Upside
    According to analysts' consensus price target of --, First Merchants has an estimated upside of 10.08% from its current price of $41.03.
  • Price Target Downside
    According to analysts, the lowest downside price target is -- representing 100% downside risk from its current price of $41.03.

Fair Value

  • According to the consensus of 0 analysts, First Merchants has 10.08% upside to fair value with a price target of -- per share.

FRME vs. S&P 500

  • Over the past 5 trading days, First Merchants has overperformed the S&P 500 by 0.19% suggesting its relative strength compared to the major market average is strong at this time.

Share Buyback

  • First Merchants does have a share repurchase program in place at this time. The scale of a buyback program can materially affect share price and usually results in a higher earnings per share, all else being equal, when the share count drops.

Revenue Growth

  • First Merchants revenues have been falling on a year-over-year basis for 5 quarters in a row. In the most recent quarter First Merchants reported revenues of $156M.

Earnings Growth

  • First Merchants earnings have been falling on a year-over-year basis for 5 quarters in a row. In the most recent quarter First Merchants reported earnings per share of $0.84.
Enterprise value:
1.4B
EV / Invested capital:
0.42x
Price / LTM sales:
3.86x
EV / EBIT:
2.14x
EV / Revenue:
2.17x
PEG ratio (5yr expected):
--
EV / Free cash flow:
5.15x
Price / Operating cash flow:
9.14x
Enterprise value / EBITDA:
--
Gross Profit (TTM):
--
Return On Assets:
0.98%
Net Income Margin (TTM):
28.68%
Return On Equity:
8.1%
Return On Invested Capital:
5.83%
Operating Margin:
--
Trailing 12 Months Fiscal Quarters
Period Ending 2022-09-30 2023-09-30 2024-09-30 2023-09-30 2024-09-30
Income Statement
Revenue $582.2M $667.6M $626.1M $161.2M $156M
Gross Profit -- -- -- -- --
Operating Income -- -- -- -- --
EBITDA -- -- -- -- --
Diluted EPS $3.51 $4.22 $3.03 $0.94 $0.84
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Balance Sheet
Current Assets $2.3B $3B $2.4B $2.1B $2.1B
Total Assets $13.7B $15.1B $17.7B $18B $18.3B
Current Liabilities $272.8M $187.3M $384.5M $169M $173M
Total Liabilities $11.9B $13.2B $15.8B $15.9B $16B
Total Equity $1.8B $1.9B $1.9B $2.1B $2.3B
Total Debt $517.8M $452.7M $795.1M $872M $926.2M
Trailing 12 Months Fiscal Quarters
Period Ending 2022-09-30 2023-09-30 2024-09-30 2023-09-30 2024-09-30
Cash Flow Statement
Cash Flow Operations $198.5M $332.8M $264.3M $80.2M $76.8M
Cash From Investing -$675.8M -$312.4M -$238M -$106.7M -$68.2M
Cash From Financing $427.5M -$14.8M -$66.8M $42.7M -$29.3M
Free Cash Flow $198.5M $332.8M $264.3M $80.2M $76.8M
FRME
Sector
Market Cap
$2.4B
$700.3M
Price % of 52-Week High
88.94%
88.31%
Dividend Yield
3.39%
2.2%
Shareholder Yield
5.44%
3.87%
1-Year Price Total Return
8.6%
7.75%
Beta (5-Year)
1.054
0.737
Dividend yield:
3.39%
Annualized payout:
$1.34
Payout ratio:
46.44%
Growth streak:
12 years

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Technicals

8-day SMA
Sell
Level $41.31
200-day SMA
Buy
Level $36.71
Bollinger Bands (100)
Buy
Level 35.96 - 42.16
Chaikin Money Flow
Buy
Level 25.2M
20-day SMA
Sell
Level $42.56
Relative Strength Index (RSI14)
Sell
Level 43.65
ADX Line
Sell
Level 9.31
Williams %R
Neutral
Level -69.4158
50-day SMA
Sell
Level $41.33
MACD (12, 26)
Sell
Level -0.32
25-day Aroon Oscillator
Sell
Level -76
On Balance Volume
Neutral
Level 22.3M

Financial Scores

Sell
Altman Z-Score (Annual)
Level (0.4516)
Sell
CA Score (Annual)
Level (-2.057)
--
Beneish M-Score (Annual)
Level (--)
Buy
Momentum Score
Level (8)
Sell
Ohlson Score
Level (1.5454)
--
Piotroski F Score (Annual)
Level (--)
--
Quality Ratio Score
Level (--)
Buy
Fundamental Score
Level (9)

Revenue Forecast

Earnings per Share Forecast

Company Profile

First Merchants Corp, through its subsidiaries, provides its customers with financial services delivered locally by bankers. It offers personal banking, business banking, real estate mortgage lending, cash management services, brokerage, wealth management, and insurance. The company reports in only one segment which is community banking.

Stock Forecast FAQ

In the current month, FRME has received 0 Buy ratings 0 Hold ratings, and 0 Sell ratings. The FRME average analyst price target in the past 3 months is --.

  • Where Will First Merchants Stock Be In 1 Year?

    According to analysts, the consensus estimate is that First Merchants share price will rise to -- per share over the next 12 months.

  • What Do Analysts Say About First Merchants?

    Analysts are divided on their view about First Merchants share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that First Merchants is a Sell and believe this share price will drop from its current level to --.

  • What Is First Merchants's Price Target?

    The price target for First Merchants over the next 1-year time period is forecast to be -- according to 0 Wall Street analysts, 0 of them rate the stock a Buy, 0 rate the stock a Sell, and 0 analysts rate the stock a Hold.

  • Is FRME A Buy, Sell Or Hold?

    According to Wall Street analysts, the consensus rating for First Merchants is a --. 0 of 0 analysts rate the stock a -- at this time.

  • How Can I Buy Shares Of FRME?

    You can purchase shares of First Merchants via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, TastyTrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase First Merchants shares.

  • What Is The First Merchants Share Price Today?

    First Merchants was last trading at $41.08 per share. This represents the most recent stock quote for First Merchants. Yesterday, First Merchants closed at $41.03 per share.

  • How To Buy First Merchants Stock Online?

    In order to purchase First Merchants stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.

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