How to Buy Mid Penn Bancorp Stock
Mid Penn Bancorp Inc
Mid Penn Bancorp, Inc. operates as the bank holding company for Mid Penn Bank that provides commercial banking services to individuals, partnerships, non-profit organizations, and corporations.
Mid Penn Bancorp stock last closed at $20.86, down 0.57% from the previous day, and has decreased 5.1% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.24 percentage points. Mid Penn Bancorp stock is currently +14.3% from its 52-week low of $18.25, and -19.52% from its 52-week high of $25.92.
At the moment, there are 16.57M shares of MPB outstanding. The market capitalization of MPB is $345.73M. In the past 24 hours, 29,855 MPB shares were traded.
How to Buy Mid Penn Bancorp Stock
Wondering how to invest in Mid Penn Bancorp stock? Here's how.
- Figure out where to buy Mid Penn Bancorp stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy Mid Penn Bancorp stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Pick your method of payment and add your information.
- Research Mid Penn Bancorp stock: The Mid Penn Bancorp ticker symbol is MPB. Is Mid Penn Bancorp stock a good investment? Should you buy shares of MPB? How do MPB's underlying business fundamentals look? Do top analysts think Mid Penn Bancorp is a good buy? Why has MPB's stock price moved recently? (Hint: Our stock market research tools can help you decide if MPB is a good stock to buy).
- Make your MPB purchase: Decide if you will purchase MPB shares at the current market price or use a limit order to buy MPB stock at a specific price.
- Keep an eye on your investment in MPB: Create a watchlist to get the latest news on your new investment in Mid Penn Bancorp shares.
Step 1: Figure out where to buy Mid Penn Bancorp stock
You need an online brokerage account in order to access the NASDAQ market and buy MPB stock.
Our favorite brokerage: eToro
Based on our analysis, eToro is the best brokerage. eToro gives you:
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the best brokerage, you'll need to fill out some personal information so you are able to buy MPB stock today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to start your new trading account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have created your account on the best stock trading app for beginners, you need to deposit funds:
Check out the tutorial below to see the process of depositing funds into your investment account.
Step 4: Research Mid Penn Bancorp stock
Once you have figured out the best place to buy Mid Penn Bancorp stock, it's important to analyze their stock before you invest, so you truly comprehend the risk and opportunity.
Mid Penn Bancorp shares quick numbers
MPB Due Diligence Checks
WallStreetZen was created to help average investors do more accurate fundamental analysis.
You can view all of the due diligence checks on MPB's stock page.
Is MPB stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge MPB's true value.
Using relative valuations measures:
- MPB could be undervalued based on its P/E ratio of 9.11x, relative to Banks - Regional industry P/E ratio of -9.61x
- MPB may be undervalued based on its P/B ratio of 0.64x, relative to Banks - Regional industry P/B ratio of 0.99x
- MPB may be overvalued based on its PEG ratio of 1.37x
You can access additional valuation research on MPB's stock here.
MPB Financial Summary
Passed Financial Due Diligence Checks:
- MPB earnings of $44.69M is not enough to cover its interest payments.
Failed Financial Due Diligence Checks:
- MPB has a relatively high debt to equity ratio of 8.76.
- MPB profit margin has gone down from 32.8% to 22.8% in the past year.
- Total MPB debt is higher than 5 years ago, relative to shareholder equity.
- MPB's operating cash flow of $51.94M allows it to safely service it's debt of $356.17M.
Is it a good time to buy Mid Penn Bancorp stock, according to Wall Street analysts?
Out of 2 Equities analysts who monitor MPB, the consensus analyst rating on Mid Penn Bancorp is a Strong Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Mid Penn Bancorp stock forecast page.
MPB Trading Indicators
Is MPB Making Money?
Last year, MPB earnings were $37.40M. Over the last five year, MPB's earnings have grown by 9.12% per year. This was slower than the Banks - Regional industry average of 17.16%.
Last year, MPB revenue was $163.69M. During the past 5 year, MPB's revenue has grown by 21.08% per year. This was faster than the Banks - Regional industry average of 7.44%.
Learn more about MPB's earnings and revenue performance here.
What are MPB insiders up to?
Over the past year, executives and large shareholders at MPB have bought more shares than they have sold.
Robert A. Abel, Director of MPB, was the latest MPB insider to buy. They bought $500.25 worth of MPB shares on Mar 28, 2024.
Research more about who owns MPB stock here.
Can I rely on MPB as an income stream?
Mid Penn Bancorp pays a dividend of 3.84%, compared to the Banks - Regional industry's average dividend yield of 3.82%. If you owned $1,000 worth of MPB stock, you would have received $38.35 last year.
Mid Penn Bancorp dividend payments have consistently grown over the past decade but have not remained stable.
Get more data about Mid Penn Bancorp dividend yield and history here.
MPB Social Trading Data
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your MPB purchase
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually fine for most investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount limit, place a limit order.
Press the Open Trade button and eToro will execute your order.
If you need more info about buying stocks on eToro, watch the helpful video below:
Step 6: Keep an eye on your investment in MPB
Now that you own some MPB stock, you'll want to keep up with your new investment.
Start a watchlist to track the latest developments regarding your MPB stock.
MPB Feed
How to Buy Stock in Mid Penn Bancorp
To reiterate, here are the 6 steps for buying Mid Penn Bancorp stock:
- Figure out where to buy Mid Penn Bancorp stock
- Sign up for a brokerage account
- Deposit money your investment account
- Research Mid Penn Bancorp stock
- Make your MPB purchase
- Keep an eye on your investment in MPB
If you are looking for a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep an eye on your new investment in Mid Penn Bancorp, add MPB to your watchlist below.
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