MB Financial Inc. (NASDAQ:MBFI) – Jefferies Group issued their Q1 2017 earnings per share (EPS) estimates for MB Financial in a research report issued to clients and investors on Tuesday. Jefferies Group analyst E. Harmon expects that the firm will post earnings per share of $0.61 for the quarter. Jefferies Group also issued estimates for MB Financial’s Q2 2017 earnings at $0.65 EPS, Q3 2017 earnings at $0.66 EPS, Q4 2017 earnings at $0.67 EPS, FY2017 earnings at $2.60 EPS and FY2018 earnings at $2.75 EPS.

Earnings History and Estimates for MB Financial (NASDAQ:MBFI)

A number of other equities research analysts have also weighed in on MBFI. JPMorgan Chase & Co. boosted their price target on MB Financial from $35.50 to $36.50 and gave the stock a “neutral” rating in a research note on Thursday, July 7th. Zacks Investment Research upgraded MB Financial from a “hold” rating to a “buy” rating and set a $41.00 price target on the stock in a research note on Saturday, July 9th. DA Davidson boosted their price target on MB Financial from $39.19 to $43.00 and gave the stock a “neutral” rating in a research note on Friday, August 26th. Sandler O’Neill lowered MB Financial from a “buy” rating to a “hold” rating in a research note on Friday, August 26th. Finally, JMP Securities assumed coverage on MB Financial in a research report on Friday, September 16th. They issued a “market perform” rating on the stock. Eight equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $36.28.

MB Financial (NASDAQ:MBFI) traded up 1.14% during midday trading on Thursday, reaching $37.38. 10,030 shares of the company’s stock were exchanged. The firm has a market capitalization of $2.75 billion, a price-to-earnings ratio of 17.46 and a beta of 1.06. MB Financial has a 52 week low of $27.98 and a 52 week high of $39.50. The firm’s 50 day moving average is $38.24 and its 200 day moving average is $36.36.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of MB Financial by 3.5% in the second quarter. Vanguard Group Inc. now owns 5,482,492 shares of the company’s stock valued at $198,904,000 after buying an additional 185,069 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of MB Financial by 2.4% in the second quarter. Dimensional Fund Advisors LP now owns 5,039,154 shares of the company’s stock valued at $182,817,000 after buying an additional 119,584 shares during the last quarter. Wellington Management Group LLP increased its position in shares of MB Financial by 33.3% in the first quarter. Wellington Management Group LLP now owns 2,888,141 shares of the company’s stock valued at $93,720,000 after buying an additional 721,226 shares during the last quarter. BlackRock Institutional Trust Company N.A. increased its position in shares of MB Financial by 0.7% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 1,795,095 shares of the company’s stock valued at $58,251,000 after buying an additional 12,360 shares during the last quarter. Finally, RidgeWorth Capital Management LLC increased its position in shares of MB Financial by 1.7% in the second quarter. RidgeWorth Capital Management LLC now owns 1,702,300 shares of the company’s stock valued at $61,470,000 after buying an additional 28,900 shares during the last quarter. 64.18% of the stock is owned by institutional investors and hedge funds.

In other MB Financial news, insider Rose Marie Bouman sold 4,000 shares of the business’s stock in a transaction that occurred on Tuesday, July 26th. The stock was sold at an average price of $38.98, for a total value of $155,920.00. Following the completion of the transaction, the insider now directly owns 68,607 shares of the company’s stock, valued at $2,674,300.86. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Mitchell Feiger sold 6,500 shares of the business’s stock in a transaction that occurred on Tuesday, September 6th. The shares were sold at an average price of $38.69, for a total value of $251,485.00. Following the completion of the transaction, the chief executive officer now directly owns 119,997 shares of the company’s stock, valued at $4,642,683.93. The disclosure for this sale can be found here. 7.05% of the stock is owned by company insiders.

The business also recently declared a quarterly dividend, which was paid on Friday, September 30th. Shareholders of record on Thursday, September 15th were issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 2.06%. The ex-dividend date of this dividend was Tuesday, September 13th. MB Financial’s payout ratio is presently 35.68%.

About MB Financial

MB Financial, Inc is a financial holding company. The Company, through its bank subsidiary, MB Financial Bank, N.A., offers a range of financial services to small and middle market businesses, and individuals. The Company’s segments include banking, leasing and mortgage banking. Its banking segment includes lending and deposit gathering activities.

5 Day Chart for NASDAQ:MBFI

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