Wall Street analysts predict that MutualFirst Financial, Inc. (NASDAQ:MFSF) will announce earnings of $0.52 per share for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for MutualFirst Financial’s earnings. The lowest EPS estimate is $0.45 and the highest is $0.58. MutualFirst Financial posted earnings of $0.43 per share during the same quarter last year, which would suggest a positive year-over-year growth rate of 20.9%. The firm is expected to announce its next earnings results on Tuesday, April 24th.

According to Zacks, analysts expect that MutualFirst Financial will report full-year earnings of $2.37 per share for the current year, with EPS estimates ranging from $2.28 to $2.45. For the next fiscal year, analysts anticipate that the business will post earnings of $2.64 per share, with EPS estimates ranging from $2.50 to $2.77. Zacks’ EPS averages are a mean average based on a survey of research analysts that that provide coverage for MutualFirst Financial.

MutualFirst Financial (NASDAQ:MFSF) last announced its quarterly earnings results on Friday, February 2nd. The bank reported $0.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.03). The firm had revenue of $17.04 million during the quarter, compared to the consensus estimate of $17.20 million. MutualFirst Financial had a return on equity of 9.78% and a net margin of 16.00%.

A number of brokerages have issued reports on MFSF. BidaskClub lowered shares of MutualFirst Financial from a “buy” rating to a “hold” rating in a report on Wednesday, January 10th. Zacks Investment Research raised shares of MutualFirst Financial from a “hold” rating to a “buy” rating and set a $43.00 price target on the stock in a report on Wednesday, December 27th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $39.00 price target on shares of MutualFirst Financial in a report on Friday, December 22nd. Finally, ValuEngine lowered shares of MutualFirst Financial from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company. MutualFirst Financial presently has an average rating of “Hold” and an average target price of $38.67.

Shares of MutualFirst Financial (NASDAQ:MFSF) traded down $0.25 during trading on Friday, reaching $35.00. 8,500 shares of the company’s stock were exchanged, compared to its average volume of 5,893. The company has a market cap of $260.48, a price-to-earnings ratio of 21.34, a PEG ratio of 2.97 and a beta of 0.18. MutualFirst Financial has a 1-year low of $29.50 and a 1-year high of $40.50. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.01 and a current ratio of 1.01.

In other news, insider Charles J. Viater sold 1,039 shares of MutualFirst Financial stock in a transaction dated Friday, November 17th. The shares were sold at an average price of $38.57, for a total transaction of $40,074.23. Following the sale, the insider now owns 186,438 shares of the company’s stock, valued at approximately $7,190,913.66. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jerry Dean Mcvicker sold 3,870 shares of MutualFirst Financial stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $39.25, for a total transaction of $151,897.50. Following the sale, the director now directly owns 36,550 shares in the company, valued at approximately $1,434,587.50. The disclosure for this sale can be found here. Insiders have sold a total of 9,030 shares of company stock worth $353,211 in the last ninety days. Insiders own 11.30% of the company’s stock.

Institutional investors and hedge funds have recently made changes to their positions in the company. Russell Investments Group Ltd. bought a new stake in shares of MutualFirst Financial during the 3rd quarter valued at about $101,000. First Quadrant L P CA purchased a new stake in MutualFirst Financial in the 3rd quarter valued at about $112,000. Nationwide Fund Advisors raised its holdings in MutualFirst Financial by 9.7% in the 2nd quarter. Nationwide Fund Advisors now owns 3,371 shares of the bank’s stock valued at $120,000 after buying an additional 298 shares during the period. Advisor Group Inc. purchased a new stake in MutualFirst Financial during the second quarter worth about $141,000. Finally, Creative Planning purchased a new stake in MutualFirst Financial during the fourth quarter worth about $231,000. 47.58% of the stock is currently owned by hedge funds and other institutional investors.

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About MutualFirst Financial

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.

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

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