MB Financial, Inc. Declares Quarterly Dividend of $0.14 (MBFI)
MB Financial (NASDAQ:MBFI) announced a quarterly dividend on Monday, August 25th, Analyst Ratings News reports. Stockholders of record on Monday, September 15th will be paid a dividend of 0.14 per share on Tuesday, September 30th. This represents a $0.56 annualized dividend and a dividend yield of 2.01%.
On the ratings front, analysts at Sterne Agee upgraded shares of MB Financial from a “neutral” rating to a “buy” rating in a research note on Wednesday, July 9th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. MB Financial has a consensus rating of “Hold” and a consensus price target of $31.60.
MB Financial (NASDAQ:MBFI) traded up 0.32% during mid-day trading on Monday, hitting $27.89. 245,861 shares of the company’s stock traded hands. MB Financial has a 52-week low of $24.44 and a 52-week high of $32.85. The stock has a 50-day moving average of $27.3 and a 200-day moving average of $28.46. The company has a market cap of $1.525 billion and a P/E ratio of 16.85.
MB Financial (NASDAQ:MBFI) last released its earnings data on Wednesday, July 23rd. The company reported $0.42 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.39 by $0.03. On average, analysts predict that MB Financial will post $1.65 earnings per share for the current fiscal year.
MB Financial, Inc (NASDAQ:MBFI) is a financial holding company.
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