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Macatawa Bank - MCBC Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $13.75
  • Forecasted Upside: -7.22%
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$14.82 As of 08/1/2024 01:00 AM ET
+0 (0.00%)
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Analyst Price Target for MCBC

Analyst Price Target is $13.75
▼ -7.22% Downside Potential
This price target is based on 2 analysts offering 12 month price targets for Macatawa Bank in the last 3 months. The average price target is $13.75, with a high forecast of $15.00 and a low forecast of $12.50. The average price target represents a -7.22% upside from the last price of $14.82.

This chart shows the closing price for MCBC for the last year in relation to the current analyst high, average, and low pricetarget.

Read Analyst Price Chart DescriptionSkip Analyst Price Chart




Current Consensus is Buy

The current consensus among 2 polled investment analysts is to buy stock in Macatawa Bank. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/9/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
8/7/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/5/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
2/3/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/3/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
8/1/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/30/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/30/2024

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
4/29/2024Keefe, Bruyette & WoodsUpgradeMarket Perform ➝ Outperform$12.00 ➝ $15.00
12/20/2023Hovde GroupUpgradeMarket Perform ➝ Outperform$11.00 ➝ $12.50
8/30/2023Janney Montgomery ScottInitiated CoverageBuy$11.00
(Data available from 10/30/2019 forward)

News Sentiment Rating

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/3/2024
  • 2 very positive mentions
  • 15 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
Mentions as of
5/3/2024
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/2/2024
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/2/2024
  • 2 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/1/2024
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/31/2024
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/30/2024
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/30/2024

Current Sentiment

  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

  • No positive mentions tracked during this time.

Very Positive

  • No very positive mentions tracked during this time.
Macatawa Bank logo
Macatawa Bank Corporation operates as the bank holding company for Macatawa Bank that engages in the provision of commercial and consumer banking and trust services. The company accepts various deposits, such as checking accounts, savings accounts, time deposits, regular and money market savings accounts, certificates of deposit, and demand deposits. Its loan products include commercial and industrial loans comprising loans to finance operations and equipment; commercial real estate loans, which consist of construction and development, multi-family, and other non-residential real estate loans; and residential mortgage loans, as well as consumer loans, including automobile loans, home equity lines of credit and installment loans, home improvement loans, deposit account loans, and other loans for household and personal purposes. The company also offers ATM and debit card processing, cash management, and brokerage services. In addition, it provides asset management, personal trust, and retirement plan services. It serves individuals, businesses, associations, churches, nonprofit organizations, financial institutions, and government authorities. The company was incorporated in 1997 and is based in Holland, Michigan.
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Today's Range

Now: $14.82
Low: $14.82
High: $14.82

50 Day Range

MA: $14.77
Low: $14.58
High: $14.95

52 Week Range

Now: $14.82
Low: $8.31
High: $15.16

Volume

N/A

Average Volume

157,462 shs

Market Capitalization

$509.22 million

P/E Ratio

12.35

Dividend Yield

2.43%

Beta

0.54

Frequently Asked Questions

What sell-side analysts currently cover shares of Macatawa Bank?

The following equities research analysts have issued research reports on Macatawa Bank in the last twelve months: Hovde Group, Keefe, Bruyette & Woods, and StockNews.com.
View the latest analyst ratings for MCBC.

What is the current price target for Macatawa Bank?

2 Wall Street analysts have set twelve-month price targets for Macatawa Bank in the last year. Their average twelve-month price target is $13.75, suggesting a possible downside of 7.2%. Keefe, Bruyette & Woods has the highest price target set, predicting MCBC will reach $15.00 in the next twelve months. Hovde Group has the lowest price target set, forecasting a price of $12.50 for Macatawa Bank in the next year.
View the latest price targets for MCBC.

What is the current consensus analyst rating for Macatawa Bank?

Macatawa Bank currently has 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe MCBC will outperform the market and that investors should add to their positions of Macatawa Bank.
View the latest ratings for MCBC.

What other companies compete with Macatawa Bank?

Other companies that are similar to Macatawa Bank include Spirit of Texas Bancshares, CapStar Financial, Metropolitan Bank, Summit Financial Group and First Internet Bancorp. Learn More about companies similar to Macatawa Bank.

How do I contact Macatawa Bank's investor relations team?

Macatawa Bank's physical mailing address is 10753 MACATAWA DRIVE, HOLLAND MI, 49424. The financial services provider's listed phone number is (616) 820-1444 and its investor relations email address is [email protected]. The official website for Macatawa Bank is www.macatawabank.com. Learn More about contacing Macatawa Bank investor relations.