Mid Penn Bancorp Stock Today

MPB Stock  USD 20.16  0.66  3.38%   

Performance

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Odds Of Distress

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Mid Penn is trading at 20.16 as of the 28th of March 2024, a 3.38% increase since the beginning of the trading day. The stock's open price was 19.5. Mid Penn has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. Equity ratings for Mid Penn Bancorp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of July 2022 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Banks
IPO Date
4th of December 1997
Category
Financial Services
Classification
Financials
Mid Penn Bancorp, Inc. operates as the bank holding company for Mid Penn Bank that provides commercial banking services to individuals, partnerships, non-profit organizations, and corporations. The company was founded in 1868 and is headquartered in Harrisburg, Pennsylvania. The company has 16.57 M outstanding shares of which 66.41 K shares are now shorted by investors with about 2.66 days to cover. More on Mid Penn Bancorp

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Mid Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Mid Penn's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Mid Penn or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEORory Ritrievi
Business ConcentrationRegional Banks, Banks - Regional, Financial Services, NASDAQ Composite, NASDAQ Composite Total, Financials, Banks, Banks—Regional, Financial Services (View all Sectors)
Average Analyst Recommendation
Analysts covering Mid Penn report their recommendations after researching Mid Penn's financial statements, talking to executives and customers, or listening in on Mid Penn's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Mid Penn Bancorp. The Mid consensus assessment is calculated by taking the average forecast from all of the analysts covering Mid Penn.
Financial Strength
Based on the analysis of Mid Penn's profitability, liquidity, and operating efficiency, Mid Penn Bancorp may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Mid Penn Bancorp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.01020.0071
Way Up
Very volatile
Asset Turnover0.04050.0447
Moderately Down
Very volatile
Gross Profit Margin0.310.27
Fairly Up
Very volatile
Total Current Liabilities1.1 B1.1 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total3.9 B3.7 B
Sufficiently Up
Slightly volatile
Total Assets5.6 B5.3 B
Sufficiently Up
Slightly volatile
Total Current Assets114.6 M122.9 M
Significantly Down
Pretty Stable
Total Cash From Operating Activities3.4 M3.6 M
Notably Down
Slightly volatile
Mid Penn's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Mid Penn's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Mid Penn's financial leverage. It provides some insight into what part of Mid Penn's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Mid Penn's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Mid Penn deploys its capital and how much of that capital is borrowed.
Liquidity
Mid Penn cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 356.17 M in debt with debt to equity (D/E) ratio of 12.3, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Debt can assist Mid Penn until it has trouble settling it off, either with new capital or with free cash flow. So, Mid Penn's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Mid Penn Bancorp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Mid to invest in growth at high rates of return. When we think about Mid Penn's use of debt, we should always consider it together with cash and equity.

Change In Cash

2.42 Million
Mid Penn Bancorp (MPB) is traded on NASDAQ Exchange in USA. It is located in 2407 Park Drive, Harrisburg, PA, United States, 17110 and employs 36 people. Mid Penn is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 323.19 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Mid Penn's market, we take the total number of its shares issued and multiply it by Mid Penn's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Mid Penn Bancorp runs under Banks sector within Financials industry. The entity has 16.57 M outstanding shares of which 66.41 K shares are now shorted by investors with about 2.66 days to cover. Mid Penn Bancorp has about 243.76 M in cash with 3.56 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 15.35.
Check Mid Penn Probability Of Bankruptcy
Ownership Allocation
Mid Penn Bancorp holds a total of 16.57 Million outstanding shares. 30% of Mid Penn outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Mid Ownership Details

Mid Stock Price Odds Analysis

What are Mid Penn's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Mid Penn jumping above the current price in 90 days from now is about 85.53%. The Mid Penn Bancorp probability density function shows the probability of Mid Penn stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Mid Penn Bancorp has a beta of -0.3662. This indicates as returns on benchmark increase, returns on holding Mid Penn are expected to decrease at a much lower rate. During the bear market, however, Mid Penn Bancorp is likely to outperform the market. Additionally, mid Penn Bancorp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 20.16HorizonTargetOdds Above 20.16
14.36%90 days
 20.16 
85.53%
Based on a normal probability distribution, the odds of Mid Penn to move above the current price in 90 days from now is about 85.53 (This Mid Penn Bancorp probability density function shows the probability of Mid Stock to fall within a particular range of prices over 90 days) .

Mid Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Mid Penn that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Mid Penn's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Mid Penn's value.
InstituionRecorded OnShares
Petiole Usa Ltd2023-12-31
197.1 K
Emerald Mutual Fund Advisers Trust2023-12-31
162.3 K
Northern Trust Corp2023-12-31
134.5 K
Lsv Asset Management2023-12-31
116.1 K
American Century Companies Inc2023-12-31
99.6 K
Endeavour Capital Advisors Inc2023-12-31
98.5 K
Wharton Business Group, Llc2023-12-31
80.8 K
Bank Of New York Mellon Corp2023-12-31
75.4 K
Jpmorgan Chase & Co2023-12-31
70.3 K
Blackrock Inc2023-12-31
1.2 M
Wellington Management Company Llp2023-12-31
705 K
View Mid Penn Diagnostics

Mid Penn Historical Income Statement

Mid Penn Bancorp Income Statement is one of the three primary financial statements used for reporting Mid's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Mid Penn Bancorp revenue and expense. Mid Penn Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Mid Penn's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 248.2 M, whereas Depreciation And Amortization is forecasted to decline to about 1.1 M. View More Fundamentals

Mid Stock Against Markets

Picking the right benchmark for Mid Penn stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Mid Penn stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Mid Penn is critical whether you are bullish or bearish towards Mid Penn Bancorp at a given time. Please also check how Mid Penn's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Mid Penn without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Mid Penn Corporate Directors

Mid Penn corporate directors refer to members of a Mid Penn board of directors. The board of directors generally takes responsibility for the Mid Penn's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Mid Penn's board members must vote for the resolution. The Mid Penn board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

How to buy Mid Stock?

Before investing in Mid Penn, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Mid Penn. To buy Mid Penn stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Mid Penn. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Mid Penn stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Mid Penn Bancorp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Mid Penn Bancorp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Mid Penn Bancorp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Mid Stock please use our How to Invest in Mid Penn guide.

Already Invested in Mid Penn Bancorp?

The danger of trading Mid Penn Bancorp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Mid Penn is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Mid Penn. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Mid Penn Bancorp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Mid Penn Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mid Penn's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mid Penn Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mid Penn Bancorp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mid Penn Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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When running Mid Penn's price analysis, check to measure Mid Penn's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mid Penn is operating at the current time. Most of Mid Penn's value examination focuses on studying past and present price action to predict the probability of Mid Penn's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mid Penn's price. Additionally, you may evaluate how the addition of Mid Penn to your portfolios can decrease your overall portfolio volatility.
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Is Mid Penn's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mid Penn. If investors know Mid will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mid Penn listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.26)
Dividend Share
0.8
Earnings Share
2.29
Revenue Per Share
10.023
Quarterly Revenue Growth
(0.06)
The market value of Mid Penn Bancorp is measured differently than its book value, which is the value of Mid that is recorded on the company's balance sheet. Investors also form their own opinion of Mid Penn's value that differs from its market value or its book value, called intrinsic value, which is Mid Penn's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mid Penn's market value can be influenced by many factors that don't directly affect Mid Penn's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mid Penn's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mid Penn is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mid Penn's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.