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How to buy MidWestOne Financial Group stock (MOFG)

Buy MidWestOne Financial Group stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

MidWestOne Financial Group is a banks - regional business based in the US. MidWestOne Financial Group shares (MOFG) are listed on the NASDAQ and all prices are listed in US Dollars. MidWestOne Financial Group employs 732 staff and has a trailing 12-month revenue of around $174 million.

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MidWestOne Financial Group stock price (NASDAQ: MOFG)

Use our graph to track the performance of MOFG stocks over time.

MidWestOne Financial Group shares at a glance

Information last updated 2024-09-02.
Latest market close$29.00
52-week range$18.56 - $30.15
50-day moving average $25.87
200-day moving average $23.65
Wall St. target price$30.90
PE ratio 14.8325
Dividend yield $0.97 (3.32%)
Earnings per share (TTM) $1.97

Is it a good time to buy MidWestOne Financial Group stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

MidWestOne Financial Group price performance over time

Historical closes compared with the close of $29 from 2024-09-03

1 week (2024-08-29) 29
1 month (2024-08-05) 9.72%
3 months (2024-06-05) 39.29%
6 months (2024-03-05) 28.49%
1 year (2023-09-05) 37.05%
2 years (2022-09-02) -5.17%
3 years (2021-09-03) 29.59
5 years (2019-09-05) 6.48%

Is MidWestOne Financial Group stock undervalued or overvalued?

Valuing MidWestOne Financial Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of MidWestOne Financial Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

MidWestOne Financial Group's P/E ratio

MidWestOne Financial Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 15x. In other words, MidWestOne Financial Group shares trade at around 15x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

MidWestOne Financial Group's PEG ratio

MidWestOne Financial Group's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.52. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into MidWestOne Financial Group's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

MidWestOne Financial Group financials

Revenue TTM $174 million
Operating margin TTM 43.28%
Gross profit TTM $209.4 million
Return on assets TTM 0.47%
Return on equity TTM 5.93%
Profit margin 17.79%
Book value $34.44
Market Capitalization $460.9 million

TTM: trailing 12 months

MidWestOne Financial Group share dividends

41%

Dividend payout ratio: 40.59% of net profits

Recently MidWestOne Financial Group has paid out, on average, around 40.59% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.32% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), MidWestOne Financial Group shareholders could enjoy a 3.32% return on their shares, in the form of dividend payments. In MidWestOne Financial Group's case, that would currently equate to about $0.97 per share.

While MidWestOne Financial Group's payout ratio might seem fairly standard, it's worth remembering that MidWestOne Financial Group may be investing much of the rest of its net profits in future growth.

MidWestOne Financial Group's most recent dividend payout was on 16 September 2024. The latest dividend was paid out to all shareholders who bought their shares by 2 September 2024 (the "ex-dividend date").

Have MidWestOne Financial Group's shares ever split?

MidWestOne Financial Group's shares were split on a 3:1 basis on 20 August 2006. So if you had owned 1 share the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your MidWestOne Financial Group shares – just the quantity. However, indirectly, the new 66.7% lower share price could have impacted the market appetite for MidWestOne Financial Group shares which in turn could have impacted MidWestOne Financial Group's share price.

MidWestOne Financial Group share price volatility

Over the last 12 months, MidWestOne Financial Group's shares have ranged in value from as little as $18.56 up to $30.15. A popular way to gauge a stock's volatility is its "beta".

MOFG.US volatility(beta: 1.01)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while MidWestOne Financial Group's is 1.012. This would suggest that MidWestOne Financial Group's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

MidWestOne Financial Group overview

MidWestOne Financial Group, Inc. operates as the bank holding company for MidWestOne Bank that provides commercial and retail banking products and services to individuals, businesses, governmental units, and institutional customers. It offers range of deposit products, including noninterest bearing and interest bearing demand deposits, savings, money market, and time deposits accounts. The company also provides commercial, real estate, agricultural, credit card, and consumer loans; and financing arrangements, such as brokered deposits, term debt, subordinated debt, and equity. In addition, it offers trust and investment services comprising administering estates, trusts, and conservatorships; property and farm management, investment advisory, retail securities brokerage, financial planning, and custodial services; and licensed brokers services. Further, the company provides online and mobile banking, debit cards, automated teller machines, and safe deposit boxes. MidWestOne Financial Group, Inc.

Frequently asked questions

What percentage of MidWestOne Financial Group is owned by insiders or institutions?
Currently 8.718% of MidWestOne Financial Group shares are held by insiders and 69.944% by institutions.
How many people work for MidWestOne Financial Group?
Latest data suggests 732 work at MidWestOne Financial Group.
When does the fiscal year end for MidWestOne Financial Group?
MidWestOne Financial Group's fiscal year ends in December.
Where is MidWestOne Financial Group based?
MidWestOne Financial Group's address is: 102 South Clinton Street, Iowa City, IA, United States, 52240
What is MidWestOne Financial Group's ISIN number?
MidWestOne Financial Group's international securities identification number is: US5985111039
What is MidWestOne Financial Group's CUSIP number?
MidWestOne Financial Group's Committee on Uniform Securities Identification Procedures number is: 598511103

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