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Macatawa Bank Corp. (MCBC)
NASDAQ:MCBC
Macatawa Bank (MCBC) Stock Price & Analysis
144 Followers
MCBC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$8.04 - $11.80
Previous Close$9.93
Volume901.41K
Average Volume (3M)70.89K
Market Cap
$478.66M
Enterprise Value$371.21M
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$30.00M
Price to Earnings (P/E)7.9
Beta0.51
Next Earnings
Apr 25, 2024EPS Estimate
$0.3Last Dividend Ex-Date
Feb 12, 2024Dividend Yield3.55%
Share Statistics
EPS (TTM)1.26
Shares Outstanding34,361,562
10 Day Avg. Volume63,402
30 Day Avg. Volume70,889
Standard Deviation0.07
R-Squared0.26
Alpha-0.00276
Financial Highlights & Ratios
Price to Book (P/B)1.15
Price to Sales (P/S)3.11
Price to Cash Flow (P/CF)6.40
P/FCF Ratio4.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.51
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$12.00Price Target Upside-13.85% Downside
Rating ConsensusHold
Number of Analyst Covering1
Macatawa Bank News
Ownership Overview
29.49% Insiders
11.77% Mutual Funds
10.62% Other Institutional Investors
48.13% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
MCBC FAQ
What was Macatawa Bank Corp.’s price range in the past 12 months?
Macatawa Bank Corp. lowest stock price was $8.04 and its highest was $11.80 in the past 12 months.
What is Macatawa Bank Corp.’s market cap?
Currently, no data Available
When is Macatawa Bank Corp.’s upcoming earnings report date?
Macatawa Bank Corp.’s upcoming earnings report date is Apr 25, 2024 which is in 5 days.
How were Macatawa Bank Corp.’s earnings last quarter?
Macatawa Bank Corp. released its earnings results on Jan 25, 2024. The company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.313 by -$0.033.
Is Macatawa Bank Corp. overvalued?
According to Wall Street analysts Macatawa Bank Corp.’s price is currently Overvalued.
Does Macatawa Bank Corp. pay dividends?
Macatawa Bank Corp. pays a Quarterly dividend of $0.09 which represents an annual dividend yield of 3.55%. See more information on Macatawa Bank Corp. dividends here
What is Macatawa Bank Corp.’s EPS estimate?
Macatawa Bank Corp.’s EPS estimate is $0.3.
How many shares outstanding does Macatawa Bank Corp. have?
Macatawa Bank Corp. has 34,361,560 shares outstanding.
What happened to Macatawa Bank Corp.’s price movement after its last earnings report?
Macatawa Bank Corp. reported an EPS of $0.28 in its last earnings report, missing expectations of $0.313. Following the earnings report the stock price went down -1.784%.
Which hedge fund is a major shareholder of Macatawa Bank Corp.?
Among the largest hedge funds holding Macatawa Bank Corp.’s share is EntryPoint Capital, LLC. It holds Macatawa Bank Corp.’s shares valued at 52K.
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Macatawa Bank Stock Smart Score
Underperform
1
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8
9
10
Analyst Consensus
Hold
Average Price Target:
$12.00 (-13.85% Downside)
$12.00 (-13.85% Downside)
Blogger Sentiment
Bullish
MCBC Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 74.1K Shares
Last Quarter.
Last Quarter.
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
5.09%
12-Months-Change
Fundamentals
Return on Equity
16.18%
Trailing 12-Months
Asset Growth
-5.42%
Trailing 12-Months
Company Description
Macatawa Bank Corp.
Macatawa Bank Corp. operates as a holding company, which engages in the provision of financial services. The company offers a range of commercial and personal banking services. It also includes checking, savings and certificates of deposit accounts, cash management, safe deposit boxes, trust services and commercial, mortgage and consumer loans, internet and telephone banking, and debit cards. The company was founded in 1997 and is headquartered in Holland, MI.
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MCBC Stock 12 Months Forecast
Average Price Target
$12.00
▼(-13.85% Downside)
Technical Analysis
Home Bancshares
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First Commonwealth
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Seacoast Banking Of Florida
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Enterprise Bancorp
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Best Analysts Covering MCBC
1 Year
1 Year Success Rate
1/1 ratings generated profit
1 Year Average Return
+7.30%
initiated a buy rating 8 months ago
Copying Daniel Cardenas's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +7.30% per trade.
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