MainSource Financial Group Inc. (NASDAQ:MSFG) Director Vince Berta acquired 1,000 shares of the firm’s stock in a transaction on Monday, February 5th. The stock was purchased at an average price of $38.20 per share, for a total transaction of $38,200.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
MainSource Financial Group Inc. (MSFG) opened at $38.60 on Thursday. MainSource Financial Group Inc. has a 12-month low of $30.82 and a 12-month high of $40.84. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.93 and a quick ratio of 0.92. The stock has a market capitalization of $972.27, a price-to-earnings ratio of 19.90 and a beta of 0.92.
MainSource Financial Group (NASDAQ:MSFG) last issued its quarterly earnings data on Friday, January 26th. The financial services provider reported $0.55 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.57 by ($0.02). The business had revenue of $51.48 million for the quarter. MainSource Financial Group had a return on equity of 10.81% and a net margin of 23.33%. research analysts anticipate that MainSource Financial Group Inc. will post 2.62 earnings per share for the current fiscal year.
A number of research analysts have commented on MSFG shares. Zacks Investment Research upgraded MainSource Financial Group from a “hold” rating to a “strong-buy” rating and set a $43.00 price objective on the stock in a research report on Saturday, December 30th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $44.50 price target on shares of MainSource Financial Group in a research report on Friday, December 22nd. Finally, BidaskClub lowered MainSource Financial Group from a “buy” rating to a “hold” rating in a research report on Friday, December 22nd.
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MainSource Financial Group Company Profile
MainSource Financial Group, Inc is a bank holding company. The Company operates a banking subsidiary, MainSource Bank (the Bank), an Indiana state-chartered bank. Through the Bank, the Company offers a range of financial services, including accepting time and transaction deposits; making consumer, commercial, agribusiness and real estate mortgage loans; renting safe deposit facilities; providing personal and corporate trust services, and providing other corporate services, such as letters of credit and repurchase agreements.
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