First Merchants Corp. (FRME)

First Merchants (FRME) Stock Price & Analysis


FRME Stock Chart & Stats

Day’s Range$0 - $0
52-Week Range$23.67 - $42.11
Previous Close$32.6
Average Volume (3M)181.16K
Market Cap
Enterprise Value$2.82B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$872.05M
Price to Earnings (P/E)7.7
Jan 25, 2024
1.34 (4.09%)
Share Statistics
EPS (TTM)4.21
Shares Outstanding59,846,922
10 Day Avg. Volume171,489
30 Day Avg. Volume181,164
Standard Deviation0.10
Financial Highlights & Ratios
Price to Book (P/B)1.44
Price to Sales (P/S)3.11
Price to Cash Flow (P/CF)8.30
P/FCF Ratio3.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.71
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Price Target Upside9.86% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2



Ownership Overview

27.94% Mutual Funds
37.21% Other Institutional Investors
33.49% Public Companies and
Individual Investors


What was First Merchants Corp.’s price range in the past 12 months?
First Merchants Corp. lowest stock price was $23.67 and its highest was $42.11 in the past 12 months.
    What is First Merchants Corp.’s market cap?
    Currently, no data Available
    When is First Merchants Corp.’s upcoming earnings report date?
    First Merchants Corp.’s upcoming earnings report date is Jan 25, 2024 which is in 51 days.
      How were First Merchants Corp.’s earnings last quarter?
      First Merchants Corp. released its earnings results on Oct 26, 2023. The company reported $0.94 earnings per share for the quarter, missing the consensus estimate of $0.945 by -$0.005.
        Is First Merchants Corp. overvalued?
        According to Wall Street analysts First Merchants Corp.’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          Does First Merchants Corp. pay dividends?
          First Merchants Corp. pays a Quarterly dividend of $0.34 which represents an annual dividend yield of 4.11%. See more information on First Merchants Corp. dividends here
            What is First Merchants Corp.’s EPS estimate?
            First Merchants Corp.’s EPS estimate is $0.87.
              How many shares outstanding does First Merchants Corp. have?
              First Merchants Corp. has 59,846,924 shares outstanding.
                What happened to First Merchants Corp.’s price movement after its last earnings report?
                First Merchants Corp. reported an EPS of $0.94 in its last earnings report, missing expectations of $0.945. Following the earnings report the stock price went up 3.221%.
                  Which hedge fund is a major shareholder of First Merchants Corp.?
                  Among the largest hedge funds holding First Merchants Corp.’s share is Fisher Asset Management LLC. It holds First Merchants Corp.’s shares valued at 14M.


                    Company Description

                    First Merchants Corp.

                    First Merchants Corp. (Indiana) is a holding company, which engages in the provision of financial services. It operates through the following segments: Commercial, Commercial Real Estate, Consumer, Residential, and Finance Leases. The Commercial lending segment is primarily based on the identified cash flows of the borrower and secondarily on the underlying collateral provided by the borrower. The Commercial Real Estate lending involves higher loan principal amounts and the repayment of these loans is generally dependent on the successful operation of the property securing the loan or the business conducted on the property securing the loan. The Consumer and Residential segments establishes a maximum loan-to-value ratio and requires private mortgage insurance if that ratio is exceeded. The company was founded in September 1982 and is headquartered in Muncie, IN.


                    Top 5 ETFs holding FRME

                    Market Value
                    Smart Score
                    Vanguard Total Stock Market ETF
                    Vanguard Dividend Appreciation ETF
                    Vanguard High Dividend Yield Index ETF
                    Vanguard Russell 3000 ETF
                    V-Shares US Leadership Diversity ETF
                    Up to five ETFs with an Outperform Smart Score that hold FRME. The ETFs are listed according to market value of FRME within the ETF

                    Forecast EPS vs Actual EPS

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