MainSource Financial Group Inc. Sets New 1-Year High at $16.95 (MSFG)
Shares of MainSource Financial Group (NASDAQ:MSFG) hit a new 52-week high during trading hours on Friday, Analyst Ratings Network.com reports. The company traded as high as $16.95 and last traded at $16.84, with a volume of 19,771 shares trading hands. The stock had previously closed at $16.46.
Several analysts have recently commented on the stock. Analysts at DA Davidson reiterated a “buy” rating on shares of MainSource Financial Group in a research note to investors on Friday. They now have a $20.00 price target on the stock, up previously from $17.50. Separately, analysts at Keefe, Bruyette & Woods upgraded shares of MainSource Financial Group from a “market perform” rating to an “outperform” rating in a research note to investors on Thursday. They now have a $19.00 price target on the stock, up previously from $16.00.
MainSource Financial Group has a 1-year low of $11.13 and a 1-year high of $15.70. The stock’s 50-day moving average is $14.57 and its 200-day moving average is $14.05. The company has a market cap of $341.1 million and a price-to-earnings ratio of 13.83.
MainSource Financial Group (NASDAQ:MSFG) last announced its earnings results on Wednesday, October 23rd. The company reported $0.36 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.33 by $0.03. During the same quarter in the prior year, the company posted $0.32 earnings per share.
The company also recently declared a quarterly dividend, which is scheduled for Monday, December 16th. Stockholders of record on Friday, December 6th will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 1.91%. The ex-dividend date of this dividend is Wednesday, December 4th.
MainSource Financial Group, Inc (NASDAQ:MSFG) is a bank holding company.
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