MutualFirst Financial, Inc. Announces Quarterly Dividend of $0.08 (MFSF)
MutualFirst Financial (NASDAQ:MFSF) announced a quarterly dividend on Thursday, August 21st, AnalystRatings.Net reports. Stockholders of record on Friday, September 12th will be paid a dividend of 0.08 per share on Friday, September 26th. This represents a $0.32 annualized dividend and a dividend yield of 1.60%.
Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of MutualFirst Financial from a “neutral” rating to an “outperform” rating in a research note on Wednesday, July 23rd. They now have a $21.20 price target on the stock. Analysts at Keefe, Bruyette & Woods raised their price target on shares of MutualFirst Financial from $17.00 to $18.00 in a research note on Tuesday, July 22nd. They now have a “market perform” rating on the stock.
MutualFirst Financial (NASDAQ:MFSF) traded up 0.10% on Thursday, hitting $20.02. The stock had a trading volume of 3,120 shares. MutualFirst Financial has a 52-week low of $14.76 and a 52-week high of $20.99. The stock’s 50-day moving average is $19.31 and its 200-day moving average is $19.02. The company has a market cap of $143.5 million and a P/E ratio of 16.41.
MutualFirst Financial (NASDAQ:MFSF) last announced its earnings results on Monday, July 21st. The company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.06. On average, analysts predict that MutualFirst Financial will post $1.30 earnings per share for the current fiscal year.
In other MutualFirst Financial news, SVP Charles J. Viater sold 2,500 shares of the stock on the open market in a transaction dated Monday, August 11th. The shares were sold at an average price of $19.50, for a total transaction of $48,750.00. The sale was disclosed in a document filed with the SEC, which is available at this link.
MutualFirst Financial, Inc (NASDAQ:MFSF) is the holding company of its wholly owned subsidiary, MutualBank (the Bank).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.