Momentum Is Strong For First Merchants Corp (NASDAQ: FRME)

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

This NASDAQ-listed company operates within the Banks – Regional industry segment, falling under the Financial sector. The current market capitalization of First Merchants Corp is $2.51B. A total of 0.63 million shares were traded on the day, compared to an average of 250.87K shares.

In the most recent transaction, Patrick J. Fehring bought 26,437 shares of FRME for 43.02 per share on Nov 07 ’24. In a previous transaction on Aug 09 ’24, HARDWICK MARK K sold 11,833 shares at 40.22 per share. FRME shares that Chief Executive Officer owns now total 17,749.

Among the insiders who bought shares, Mark K Hardwick acquired of 11,833 shares on Aug 09 ’24 at a per-share price of $35.56. In another insider transaction, Fehring Patrick J. sold 23,936 shares at $32.51 per share on May 30 ’24. Company shares held by the Director now total 122,706.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. First Merchants Corp pays an annual dividend of $1.38, resulting in a dividend yield of 3.23%, and it has a price to earnings (P/E) ratio of 14.15. FRME’s most recent ex-dividend date was 9/6/2024 when it declared a $0.35 quarterly dividend that was paid in cash on 9/20/2024. Previously, the company paid the dividend on 6/21/2024 with an ex-dividend date of 6/7/2024. The FRME stock dividend was $0.35 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, FRME has a high of $43.51 and a low of $28.08.

As of this writing, FRME has an earnings estimate of $0.9 per share for the current quarter. EPS was calculated based on a consensus of 6.0 estimates, with a high estimate of $0.92 per share and a lower estimate of $0.86. The company reported an EPS of $0.87 in the last quarter

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. Its Book Value Per Share was $39.18, while its Total Shareholder’s Equity was $1.91B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FRME is Buy with a score of 4.00.

Most Popular

Related Posts