FRME

First Merchants Corporation [FRME] Stock Forecast

Q: What is First Merchants Corporation stock symbol ?

First Merchants Corporation is a US stock, located in Muncie of In and trading under the symbol FRME

Buy or Sell ? Support and Resistance

What is MACD and how to read it?

How RSI can help?

FRME Stock Summary

Earnings have grown 20.8% per last year.

Earnings are expected to rise 4.87% next year

EPS has been increasing for the past 3 years (Yearly statements)

EPS has been increasing for the past 3 quarters (Quarter statements)

FRME's dividend payments are well covered by cash flows with cash payout ratio of 34.45%.

Has a high level of debt. Debt-to-Equity ratio of 7.82 is considered high.

FRME has less than 1 year of cash runway

Top FRME Correlated Resources

FRME

Top 10 Correlated ETFs

FRME

Top 10 Correlated Stocks

FRME

In the News

06:56 24 Mar 2023 FRME

First Merchants (FRME) Surges 6.0%: Is This an Indication of Further Gains?

First Merchants (FRME) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

03:47 24 Mar 2023 FRME

First Merchants Corporation (FRME) Q4 2022 Earnings Call Transcript

First Merchants Corporation (NASDAQ:FRME ) Q4 2022 Earnings Conference Call January 26, 2023 10:30 AM ET Company Participants Mark Hardwick – Chief Executive Officer Mike Stewart – President John Martin – Chief Credit Officer Michele Kawiecki – Chief Financial Officer Conference Call Participants Scott Siefers – Piper Daniel Tamayo – Raymond James Terry McEvoy – Stephens Damon DelMonte – KBW Brian Martin – Janney Operator Good day and thank you for standing by. Welcome to the First Merchants Corporation Fourth Quarter Earnings Conference Call.

10:00 24 Mar 2023 FRME

First Merchants Corporation to Report Fourth Quarter 2022 Financial Results, Host Conference Call and Webcast

MUNCIE, Ind., Jan. 05, 2023 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq:FRME) will report fourth quarter 2022 financial results on January 26, 2023. The Corporation will host a fourth quarter 2022 earnings conference call and webcast at 10:30 a.m. (ET) on Thursday, January 26, 2023.

10:32 24 Mar 2023 FRME

First Merchants (FRME) is on the Move, Here's Why the Trend Could be Sustainable

First Merchants (FRME) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

10:32 24 Mar 2023 FRME

First Merchants (FRME) is on the Move, Here's Why the Trend Could be Sustainable

01:54 24 Mar 2023 FRME

First Merchants Corporation (FRME) Q3 2022 Earnings Call Transcript

First Merchants Corporation (NASDAQ:FRME ) Q3 2022 Earnings Conference Call October 25, 2022 10:30 AM ET Company Participants Mark Hardwick - CEO Mike Stewart - President Michele Kawiecki - CFO John Martin - Chief Credit Officer Conference Call Participants Scott Siefers - Piper Sandler Daniel Tamayo - Raymond James Damon DelMonte - KBW Brian Martin - Janney Operator Good day and thank you for standing by. Welcome to the First Merchants Corporation Third Quarter Earnings Conference Call.

10:32 24 Mar 2023 FRME

What Makes First Merchants (FRME) a Good Fit for "Trend Investing"

First Merchants (FRME) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

12:47 24 Mar 2023 FRME

Why First Merchants (FRME) is a Great Dividend Stock Right Now

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Merchants (FRME) have what it takes?

09:47 24 Mar 2023 FRME

Best Dividend Stocks to Buy Now According to the Zacks Rank

Invest in stocks like Bank of Princeton (BPRN), Buckle (BKE), Conagra Brands (CAG), First Merchants (FRME) and Ameren (AEE) for a steady stream of income.

12:47 24 Mar 2023 FRME

First Merchants (FRME) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Merchants (FRME) have what it takes?

FRME Financial details

Company Rating

Strong Buy

Market Cap

2.07B

Income

221.62M

Revenue

602.92M

Book val./share

34.74

Cash/share

84.66

Dividend

1.28

Dividend %

3.88%

Employees

1.82K

Optionable

Shortable

Yes

Earnings

24 Apr 2023

P/E

8.71

Forward P/E

PEG

-928.43

P/S

3.2

P/B

0.95

P/C

0.39

P/FCF

8.35

Quick Ratio

Current Ratio

Debt / Equity

7.82

LT Debt / Equity

0.48

EPS (TTM)

3.8

EPS next Y

EPS next Q

1.05

EPS this Y

8.85%

EPS next Y

EPS next 5Y

14.47%

EPS last 5Y

5.09%

Revenue last 5Y

8.63%

Revenue Q/Q

5.98%

EPS Q/Q

14.29%

SMA20

-16.42%

SMA50

-15.98%

SMA100

-19.75%

Inst Own

72.88%

Inst Trans

1.11%

ROA

ROE

11%

ROC

Gross Margin

Oper. Margin

Profit Margin

37%

Payout

30%

Shs Outstand

59.64M

Shs Float

58.74M

Target Price

52W Range

33.07-45.04

52W High

-26.78%

52W Low

-0.15%

RSI

31.88

Rel Volume

1.34

Avg Volume

175.02K

Volume

234.03K

Perf Week

-7.75%

Perf Month

-22.94%

Perf Quarter

-15.47%

Perf Half Y

-22.32%

Beta

1.10452

Volatility

1.23%, 3.05%

Prev Close

-3.32%

Price

32.95

Change

-9%

FRME Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-12-31

Metric	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Revenue per share	8.43	8.63	9.11	9.7	11.71
Net income per share	3.23	3.2	2.75	3.83	4.14
Operating cash flow per share	3.66	3.47	3.79	3.87	5
Free cash flow per share	3.66	3.47	3.79	3.87	5
Cash per share	26.76	40.58	46.35	11.96	92.46
Book value per share	28.58	34.76	34.71	35.66	37.94
Tangible book value per share	19.05	23.5	24.11	35.66	24
Share holders equity per share	28.58	34.76	34.71	35.66	37.94
Interest debt per share	10.61	11.65	10.63	9.11	19.76
Market cap	1.69B	2.14B	2.02B	2.25B	2.2B
Enterprise value	1.97B	2.33B	1.94B	2.06B	2.93B
P/E ratio	10.61	13	13.6	10.93	9.93
Price to sales ratio	4.07	4.82	4.11	4.32	3.51
POCF ratio	9.37	11.98	9.87	10.83	8.23
PFCF ratio	9.37	11.98	9.87	10.83	8.23
P/B Ratio	1.2	1.2	1.08	1.17	1.08
PTB ratio	1.2	1.2	1.08	1.17	1.08
EV to sales	4.73	5.26	3.95	3.96	4.67
Enterprise value over EBITDA	7.39	7.48	7.86	7.16	8.4
EV to operating cash flow	10.91	13.07	9.49	9.92	10.94
EV to free cash flow	10.91	13.07	9.49	9.92	10.94
Earnings yield	0.09	0.08	0.07	0.09	0.1
Free cash flow yield	0.11	0.08	0.1	0.09	0.12
Debt to equity	6.02	5.97	6.5	7.08	7.82
Debt to assets	0.86	0.86	0.87	0.88	0.89
Net debt to EBITDA	1.04	0.62	-0.31	-0.66	2.08
Current ratio	0	0	0	0	0
Interest coverage	0	0	0	0	0
Income quality	1.13	1.08	1.38	1.01	1.21
Dividend Yield	0.02	0.02	0.03	0.03	0
Payout ratio	0.26	0.31	0.38	0.3	0.01
Sales general and administrative to revenue	0.36	0.37	0.36	0.37	0.35
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0.05	0.05	0.04	0	0.04
Capex to operating cash flow	0	0	0	0	0
Capex to revenue	0	0	0	0	0
Capex to depreciation	0	0	0	0	0
Stock based compensation to revenue	0.01	0.01	0.01	0.01	0.01
Graham number	45.58	50.03	46.34	55.45	59.45
ROIC	0	0	0	0	0
Return on tangible assets	0.02	0.01	0.01	0.01	0.01
Graham Net	-144.64	-166.34	-178.52	-239.71	-202.88
Working capital	7.69B	9.17B	10.24B	10.25B	4.83B
Tangible asset value	938.48M	1.21B	1.3B	1.91B	1.29B
Net current asset value	-787.53M	-1.5B	-1.96B	-3.29B	-11.07B
Invested capital	0.32	0.27	0.27	0.24	0.48
Average receivables	41.07M	45.69M	51.42M	55.57M	71.13M
Average payables	5M	6.18M	5.02M	3.02M	5.15M
Average inventory	0	0	0	0	0
Days sales outstanding	37.33	40.26	40.02	40.14	49.43
Days payables outstanding	0	0	0	0	0
Days of inventory on hand	0	0	0	0	0
Receivables turnover	9.78	9.07	9.12	9.09	7.38
Payables turnover	0	0	0	0	0
Inventory turnover	0	0	0	0	0
ROE	0.11	0.09	0.08	0.11	0.11
Capex per share	0	0	0	0	0

Quarterly Fundamentals Overview

Last date of statement is 2022-12-31 for Q4

Metric	2021-12-31	2022-03-31	2022-06-30	2022-09-30	2022-12-31
Revenue per share	2.37	2.04	2.61	2.71	2.96
Net income per share	0.89	0.91	0.65	1.05	1.21
Operating cash flow per share	0.85	0.94	0.75	1.57	1.34
Free cash flow per share	0.85	0.94	0.75	1.57	1.34
Cash per share	11.96	43.12	5.8	34.95	84.66
Book value per share	35.66	33.7	32.86	31.68	34.74
Tangible book value per share	35.66	23.09	32.86	19.2	21.97
Share holders equity per share	35.66	33.7	32.86	31.68	34.74
Interest debt per share	8.6	0.14	12.67	0.38	17.36
Market cap	2.25B	2.23B	2.14B	2.33B	2.41B
Enterprise value	2.06B	2.08B	2.54B	2.21B	3.13B
P/E ratio	11.77	11.48	13.75	9.2	8.51
Price to sales ratio	17.67	20.37	13.66	14.25	13.91
POCF ratio	49	44.43	47.81	24.65	30.67
PFCF ratio	49	44.43	47.81	24.65	30.67
P/B Ratio	1.17	1.23	1.08	1.22	1.18
PTB ratio	1.17	1.23	1.08	1.22	1.18
EV to sales	16.19	19.01	16.22	13.52	18.11
Enterprise value over EBITDA	31.17	31.66	44.14	21.6	24.54
EV to operating cash flow	44.88	41.47	56.75	23.38	39.92
EV to free cash flow	44.88	41.47	56.75	23.38	39.92
Earnings yield	0.02	0.02	0.02	0.03	0.03
Free cash flow yield	0.02	0.02	0.02	0.04	0.03
Debt to equity	7.08	7.56	7.99	8.29	7.82
Debt to assets	0.88	0.88	0.89	0.89	0.89
Net debt to EBITDA	-2.86	-2.25	6.95	-1.17	5.69
Current ratio	0	0	0	0	0
Interest coverage	0	0	0	0	0
Income quality	0.96	1.03	1.15	0.92	2.47
Dividend Yield	0.01	0.01	0.01	0.01	0.02
Payout ratio	0.33	0.32	0.5	0.23	0.68
Sales general and administrative to revenue	0.39	0	0.41	0	0.32
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0	0.04	0	0.04	0.04
Capex to operating cash flow	0	0	0	0	0
Capex to revenue	0	0	0	0	0
Capex to depreciation	0	0	0	0	0
Stock based compensation to revenue	0.01	0.01	0.01	0.01	0
Graham number	26.72	26.21	21.88	27.37	30.73
ROIC	0	0	0	0	0
Return on tangible assets	0	0	0	0	0
Graham Net	-239.71	-210.75	-255.89	-226.86	-185.75
Working capital	0	2.37B	0	2.18B	4.83B
Tangible asset value	1.91B	1.24B	1.98B	1.16B	1.29B
Net current asset value	-13.54B	-11.29B	-15.8B	-13.64B	-11.07B
Invested capital	0.24	0	0.38	0	0.48
Average receivables	55.13M	56.63M	62.4M	70.17M	78.34M
Average payables	3.25M	1.38M	1.49M	1.49M	3.77M
Average inventory	0	0	0	0	0
Days sales outstanding	40.49	46.08	39.41	39.45	44.23
Days payables outstanding	0	0	0	0	0
Days of inventory on hand	0	0	0	0	0
Receivables turnover	2.22	1.95	2.28	2.28	2.03
Payables turnover	0	0	0	0	0
Inventory turnover	0	0	0	0	0
ROE	0.02	0.03	0.02	0.03	0.03
Capex per share	0	0	0	0	0

FRME Dividend History

FRME Frequently Asked Questions

What is First Merchants Corporation stock symbol ?

First Merchants Corporation is a US stock , located in Muncie of In and trading under the symbol FRME

What is First Merchants Corporation stock quote today ?

First Merchants Corporation stock price is $32.95 today.

Is First Merchants Corporation stock public?

Yes, First Merchants Corporation is a publicly traded company.

Something similar

Top by Market Cap

Company Profile

Volume Average 175.02K
Market Capitalization 2.07B
Employee 1.82K
CEO Mr. Mark K. Hardwick
Headquarters Muncie,IN,US
IPO Date 1989-06-20
Website https://www.firstmerchants.com

First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans, as well as public finance. The company also offers personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. It operates 109 banking locations in Indiana, Illinois, Ohio, and Michigan counties. The company also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.