Midland States Bancorp, Inc. (NASDAQ:MSBI) announced a quarterly dividend on Thursday, November 9th, Wall Street Journal reports. Shareholders of record on Friday, November 17th will be given a dividend of 0.20 per share by the financial services provider on Friday, November 24th. This represents a $0.80 dividend on an annualized basis and a yield of 2.60%. The ex-dividend date is Thursday, November 16th.

Midland States Bancorp (NASDAQ:MSBI) traded up $0.08 during trading on Thursday, reaching $30.74. The company’s stock had a trading volume of 61,165 shares, compared to its average volume of 86,948. Midland States Bancorp has a 12 month low of $24.74 and a 12 month high of $37.58. The company has a current ratio of 1.01, a quick ratio of 1.00 and a debt-to-equity ratio of 1.11. The firm has a market capitalization of $588.52, a P/E ratio of 13.46, a P/E/G ratio of 2.58 and a beta of 2.30.

Midland States Bancorp (NASDAQ:MSBI) last released its earnings results on Thursday, October 26th. The financial services provider reported $0.49 EPS for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.09). Midland States Bancorp had a net margin of 11.90% and a return on equity of 10.77%. The business had revenue of $52.17 million during the quarter, compared to analyst estimates of $55.20 million. equities analysts anticipate that Midland States Bancorp will post 1.71 EPS for the current fiscal year.

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In other Midland States Bancorp news, Director John M. Schultz sold 2,000 shares of the firm’s stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $32.22, for a total value of $64,440.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In the last three months, insiders acquired 790 shares of company stock valued at $24,130 and sold 6,000 shares valued at $189,320. 14.90% of the stock is currently owned by company insiders.

A number of equities research analysts have commented on MSBI shares. Zacks Investment Research raised Midland States Bancorp from a “sell” rating to a “hold” rating in a report on Tuesday, October 3rd. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $37.00 target price on shares of Midland States Bancorp in a report on Tuesday, August 29th.

About Midland States Bancorp

Dividend History for Midland States Bancorp (NASDAQ:MSBI)

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