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Ranked #2646 by analyst upside · 2026-09-26
MBIN
Merchants Bancorp
Financial Services · Market Cap $2B · P/E 10.5x
ANALYST PRICE TARGET
+23.8%
implied upside to consensus target
Current Price $52.1
Consensus Target $64.5
Bull Target $65.0
Bear Target $64.0
Analysts Covering 2
ANALYST CONSENSUS - BUY
Strong Buy
1
Buy
0
Hold
1
Sell
0
52-Week Low $30.37
52-Week High $56.87
YTD Return +58.1%
FUNDAMENTALS
Market Cap $2B
P/E Ratio (TTM) 10.5x
Forward P/E 8.7x
EPS (TTM) $4.98
PEG Ratio N/A
Dividend Yield 0.84%
Revenue (TTM) $632M
Profit Margin 42.5%
52-WEEK RANGE
52-Week Low $30.37
52-Week High $56.87
Current Price $52.1
Bear Target $64.0
Bull Target $65.0
● Now $52.1 ● Target $64.5
TRADING DATA
Avg Volume 187K
YTD Return +58.1%
Analyst Count 2
Consensus Buy
Upside to Target +23.8%
Last Updated 2026-09-26

ANALYST SUMMARY

Merchants Bancorp (MBIN) is currently trading at $52.1 with a Wall Street consensus price target of $64.5, implying potential upside of 23.8% over the next 12 months. 2 analysts currently cover MBIN, with a consensus rating of Buy - 50% of analysts rate the stock a Buy or Strong Buy. The most bullish analyst has a price target of $65.0, while the most cautious has a target of $64.0.

MBIN operates in the Financial Services sector with a market capitalisation of $2B. The stock is up 58.1% year-to-date and is currently trading near the upper end of its 52-week range of $30.37 – $56.87.

SIMILAR STOCKS

Other Financial Services stocks with comparable size and valuation.

RECENT ANALYST CALLS

Upgrade/downgrade history for MBIN, with each firm's 90-day track record across all stocks we track. See full firm rankings →

Morgan Stanley - Reiterated
Equal-Weight → Equal-Weight 2026-09-08 Building track record
Piper Sandler - Reiterated
Overweight → Overweight 2026-07-29 14% win rate (7 calls)
Raymond James ↓ Downgrade
Outperform → Market Perform 2026-07-01 Building track record
Morgan Stanley - Reiterated
Equal-Weight → Equal-Weight 2026-06-29 Building track record
Morgan Stanley - Reiterated
Equal-Weight → Equal-Weight 2026-03-02 Building track record
Morgan Stanley - Reiterated
Equal-Weight → Equal-Weight 2026-01-30 Building track record
Piper Sandler - Reiterated
Overweight → Overweight 2025-10-30 14% win rate (7 calls)
Raymond James reit
Outperform → Outperform 2025-10-29 Building track record
HISTORICAL SNAPSHOT

Point-in-time data from StockUpside's daily snapshots. Tracks price, analyst target, upside %, consensus, and analyst count.

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ANALYST CONVICTION SCORE
45
out of 100
Coverage depth
8/30
Consensus clarity
30/30
Vote unanimity
5/25
Rating stability
2/15

Measures analyst agreement, not fundamental quality. A high score means analysts broadly agree on this call - not that the stock will go up.

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