Analyst Price Target is $52.33
▲ +37.03% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Merchants Bancorp in the last 3 months. The average price target is $52.33, with a high forecast of $55.00 and a low forecast of $48.00. The average price target represents a 37.03% upside from the last price of $38.19.
Current Consensus is
Moderate Buy
The current consensus among 3 investment analysts is to moderate buy stock in Merchants Bancorp. This rating has held steady since August 2024, when it changed from a Buy consensus rating.
Merchants Bancorp operates as the diversified bank holding company in the United States. It operates through three segments: Multi-family Mortgage Banking, Mortgage Warehousing, and Banking. The Multi-family Mortgage Banking segment engages in the mortgage banking, which originates and services government sponsored mortgages, including bridge financing products to refinance, acquire, or reposition multi-family housing projects, and construction lending for multi-family and healthcare facilities. This segment also offers customized loan products for need-based skilled nursing facilities, such as independent living, assisted living, and memory care; and tax credit equity syndicator service. The Mortgage Warehousing segment funds agency eligible residential loans, as well as commercial loans to non-depository financial institutions. The Banking segment offers a range of financial products and services to consumers and businesses, which includes retail banking, commercial lending, agricultural lending, retail and correspondent residential mortgage banking, and small business administration lending. Merchants Bancorp was founded in 1990 and is headquartered in Carmel, Indiana.
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