Macatawa Bank Corporation MCBC
Set alert
14.82 +14.82 —
Day range unavailable
52-week range unavailable
- Open
- —
- Prev close
- 0.00
- Mkt cap
- 509.24M
- Vol
- 0
- Avg vol
- 0
- EPS
- 0.00
- P/E
- 0.00
- Div yield
- 2.43%
More statistics
- Low
- —
- High
- —
- Forward P/E
- 11.86
- Beta
- 0.53
- Short ratio
- 0.87
- Inst. own
- 43.25%
- Dividend
- 0.36
- Ex-div date
- May 9, 2024
- Earnings
- Aug 8, 2024
- 50-d avg
- 14.35
- 200-d avg
- 11.79
- 1y target
- 15.00
Analyst view
Consensus: strong buy
Strong buy
Price target (mean) 15.00
Ratings (0m) 2 0 buy · 2 hold · 0 sell
- Strong buy0
- Buy0
- Hold2
- Sell0
- Strong sell0
Recommendation trend
- This month 2
- 1 month ago 2
- 2 months ago 2
- 3 months ago 2
Earnings and revenue estimates
Consensus for the coming quarters and fiscal years
| Period | EPS estimate | Low – high | Year ago | EPS growth | Revenue estimate | Revenue growth | Analysts |
|---|---|---|---|---|---|---|---|
| Current quarter | 0.29 | 0.29 – 0.29 | 0.30 | -3.3% | 26.10M | +1.3% | 1 |
| Next quarter | 0.30 | 0.30 – 0.30 | 0.33 | -9.1% | 26.70M | -0.6% | 1 |
| Current year | 1.19 | 1.19 – 1.19 | 1.29 | -7.8% | 104.99M | -0.8% | 1 |
| Next year | 1.25 | 1.25 – 1.25 | 1.19 | +5.0% | 108.25M | +3.1% | 1 |
Upgrades and downgrades
The latest rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Aug 29, 2023 | Janney Montgomery Scott | Initiated | — | Buy |
| Sep 6, 2018 | Raymond James | Maintained | Strong Buy | Strong Buy |
| Jun 28, 2018 | DA Davidson | Initiated | — | Neutral |
| Jul 31, 2016 | Keefe, Bruyette & Woods | Maintained | — | Market Perform |
| Feb 1, 2015 | Keefe, Bruyette & Woods | Maintained | — | Market Perform |
| Apr 27, 2014 | Keefe, Bruyette & Woods | Upgrade | Underperform | Market Perform |