MutualFirst Financial (NASDAQ:MFSF) posted its earnings results on Friday. The bank reported $0.46 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.49 by ($0.03), Bloomberg Earnings reports. The company had revenue of $17.04 million for the quarter, compared to the consensus estimate of $17.20 million. MutualFirst Financial had a net margin of 18.68% and a return on equity of 9.73%.

Shares of MutualFirst Financial (NASDAQ MFSF) traded up $0.35 during midday trading on Friday, hitting $38.65. The stock had a trading volume of 6,575 shares, compared to its average volume of 5,814. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.01 and a current ratio of 1.01. The firm has a market capitalization of $288.21, a P/E ratio of 20.56, a PEG ratio of 3.41 and a beta of 0.18. MutualFirst Financial has a fifty-two week low of $29.50 and a fifty-two week high of $40.50.

In other news, insider Charles J. Viater sold 1,300 shares of the business’s stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $39.05, for a total transaction of $50,765.00. Following the completion of the transaction, the insider now directly owns 184,437 shares in the company, valued at $7,202,264.85. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Jerry Dean Mcvicker sold 3,870 shares of the business’s stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $39.25, for a total value of $151,897.50. Following the transaction, the director now owns 36,550 shares of the company’s stock, valued at $1,434,587.50. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 9,030 shares of company stock valued at $353,211. Insiders own 11.30% of the company’s stock.

Several brokerages have recently issued reports on MFSF. ValuEngine downgraded MutualFirst Financial from a “buy” rating to a “hold” rating in a research report on Tuesday, October 10th. BidaskClub downgraded MutualFirst Financial from a “buy” rating to a “hold” rating in a research report on Tuesday, December 12th. Zacks Investment Research downgraded MutualFirst Financial from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 13th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and set a $36.00 price objective on shares of MutualFirst Financial in a research report on Sunday, October 8th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $38.67.

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MutualFirst Financial Company Profile

MutualFirst Financial, Inc (MutualFirst) is the bank holding company of MutualBank (MutualBank or the Bank). The Bank offers financial services through approximately 30 full service retail financial center offices in Allen, Delaware, Elkhart, Grant, Kosciusko, Randolph, Saint Joseph and Wabash counties in Indiana.

Earnings History for MutualFirst Financial (NASDAQ:MFSF)

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