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MBIN Buy
Merchants Bancorp
Current Price —
Implied Upside —
Analysts 9
30-Day Momentum
▲ 0 upgrades / ▼ 0 downgrades / 1 reiterations from 1 firms
Rating Timeline
| Date ▼ | Firm | Action | From → To Rating | Price Target | Firm Rating |
|---|---|---|---|---|---|
| Oct 5, 2026 | Piper Sandler | maintain | Overweight → Overweight | — | 54% |
| Sep 8, 2026 | Morgan Stanley | maintain | Equal-Weight → Equal-Weight | — | 54% |
| Jul 29, 2026 | Piper Sandler | maintain | Overweight → Overweight | — | 54% |
| Jul 1, 2026 | Raymond James | downgrade | Outperform → Market Perform | — | 54% |
| Jun 29, 2026 | Morgan Stanley | maintain | Equal-Weight → Equal-Weight | — | 54% |
| Mar 2, 2026 | Morgan Stanley | maintain | Equal-Weight → Equal-Weight | — | 54% |
| Jan 30, 2026 | Morgan Stanley | maintain | Equal-Weight → Equal-Weight | $42 | 54% |
| Oct 30, 2025 | Piper Sandler | maintain | Overweight → Overweight | $42 | 54% |
| Oct 29, 2025 | Raymond James | reiterate | Outperform → Outperform | $38 | 54% |
| Sep 29, 2025 | Morgan Stanley | maintain | Equal-Weight → Equal-Weight | $39 | 54% |
| Jul 30, 2025 | Piper Sandler | maintain | Overweight → Overweight | $41 | 54% |
| Jul 29, 2025 | Morgan Stanley | maintain | Equal-Weight → Equal-Weight | $34 | 54% |
| Jul 29, 2025 | Raymond James | reiterate | Outperform → Outperform | $40 | 54% |
| Apr 29, 2025 | Raymond James | reiterate | Outperform → Outperform | $41 | 54% |
| Apr 2, 2025 | Raymond James | maintain | Outperform → Outperform | $45 | 54% |
| Mar 13, 2025 | Morgan Stanley | maintain | Equal-Weight → Equal-Weight | $45 | 54% |
| Jan 30, 2025 | Raymond James | reiterate | Outperform → Outperform | $53 | 54% |
| Jan 30, 2025 | Piper Sandler | maintain | Overweight → Overweight | $56.5 | 54% |
| Nov 26, 2024 | Piper Sandler | maintain | Overweight → Overweight | $52.5 | 54% |
| Oct 30, 2024 | Piper Sandler | reiterate | Overweight → Overweight | $48 | 54% |
| Oct 29, 2024 | Raymond James | maintain | Outperform → Outperform | $55 | 54% |
| Sep 9, 2024 | Morgan Stanley | initiate | — → Equal-Weight | $54 | 54% |
| Jul 30, 2024 | Raymond James | downgrade | Strong Buy → Outperform | $58 | 54% |
| May 17, 2024 | Piper Sandler | reiterate | Overweight → Overweight | $56 | 54% |
| May 15, 2024 | Raymond James | reiterate | Strong Buy → Strong Buy | $55 | 54% |
| May 3, 2024 | Piper Sandler | reiterate | Overweight → Overweight | $58.5 | 54% |
| Jan 30, 2024 | Raymond James | maintain | Strong Buy → Strong Buy | $55 | 54% |
| Oct 30, 2023 | Raymond James | maintain | Strong Buy → Strong Buy | $44 | 54% |
| Jul 31, 2023 | Piper Sandler | maintain | Overweight → Overweight | $38 | 54% |
| Jul 31, 2023 | Raymond James | maintain | Strong Buy → Strong Buy | $41 | 54% |
| May 1, 2023 | Piper Sandler | maintain | — → Overweight | $31 | 54% |
| Feb 28, 2023 | Raymond James | maintain | — → Strong Buy | $38 | 54% |
| Jan 31, 2023 | Raymond James | maintain | — → Strong Buy | $35 | 54% |
| Oct 6, 2022 | Raymond James | maintain | — → Strong Buy | $32 | 54% |
| Sep 28, 2022 | Piper Sandler | maintain | — → Overweight | $30 | 54% |
| Aug 1, 2022 | Raymond James | maintain | — → Strong Buy | $37 | 54% |
| May 2, 2022 | Raymond James | maintain | — → Strong Buy | $33 | 54% |
| Nov 2, 2021 | Raymond James | maintain | — → Strong Buy | $55 | 54% |
| Aug 26, 2021 | Raymond James | maintain | — → Strong Buy | $49 | 54% |
| Feb 1, 2021 | Raymond James | maintain | — → Strong Buy | $44 | 54% |
| Dec 7, 2020 | Raymond James | maintain | — → Strong Buy | $39 | 54% |
| Sep 29, 2020 | Piper Sandler | maintain | — → Overweight | $23 | 54% |
| Aug 25, 2020 | Truist Securities | maintain | — → Buy | $23 | 54% |
| Jul 29, 2020 | Piper Sandler | maintain | — → Overweight | $21 | 54% |
| May 19, 2020 | SunTrust Robinson Humphrey | maintain | — → Buy | $18 | — |
| Feb 3, 2020 | Raymond James | maintain | — → Outperform | $22 | 54% |
| Aug 29, 2019 | Raymond James | maintain | — → Outperform | $20 | 54% |
| Jul 11, 2018 | Stephens & Co. | downgrade | Overweight → Equal-Weight | $0 | 54% |
| Nov 21, 2017 | Piper Sandler | initiate | — → Buy | $21 | 54% |
| Nov 21, 2017 | Stephens & Co. | initiate | — → Overweight | $21 | 54% |
Price Target Trend
Apr 22, 2026 Latest: $64 Oct 23, 2026
EPS Estimates
0q $1.39
Lo: $1.38 Hi: $1.40
3 analysts +1y $6.01
Lo: $5.90 Hi: $6.10
3 analysts ▲1
0y $5.44
Lo: $5.23 Hi: $5.55
3 analysts +1q $1.45
Lo: $1.42 Hi: $1.50
3 analysts ▲1
Cross-Platform Signals
No cross-platform signals in the last 90 days