How to Buy Midwestone Financial Group Stock
Midwestone Financial Group Inc
MidWestOne Financial Group, Inc. operates as the bank holding company for MidWestOne Bank that provides commercial and retail banking products and services to individuals, businesses, governmental units, and institutional customers.
Midwestone Financial Group stock last closed at $19.78, down 1.35% from the previous day, and has decreased 11.6% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.19 percentage points. Midwestone Financial Group stock is currently +11.12% from its 52-week low of $17.80, and -28.8% from its 52-week high of $27.78.
There are currently 15.75M MOFG shares outstanding. The market capitalization of MOFG is $311.54M. In the last 24 hours, 30,687 MOFG shares were traded.
How to Buy Midwestone Financial Group Stock
Not sure how to invest in Midwestone Financial Group stock? Here's how.
- Figure out where to buy Midwestone Financial Group stock: You need to choose an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you choose where to buy Midwestone Financial Group stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Choose your method of payment and add your details.
- Analyze Midwestone Financial Group stock: The Midwestone Financial Group ticker symbol is MOFG. Is Midwestone Financial Group stock a good investment? Should you buy shares of MOFG? How do MOFG's underlying business fundamentals look? Do top analysts think Midwestone Financial Group is a good buy? Why has MOFG's stock price moved recently? (Hint: Our stock research tools can help you evaluate if MOFG is a good stock to buy).
- Make your MOFG buy order: Decide if you will purchase MOFG shares at the current market price or use a limit order to purchase MOFG stock at a given price.
- Track your investment in MOFG: Create a watchlist to keep tabs on your investment in Midwestone Financial Group stock.
Step 1: Figure out where to buy Midwestone Financial Group stock
You need an online brokerage account in order to access the NASDAQ market and buy MOFG shares.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've selected your brokerage, the next step is to fill out some personal information so you can invest in MOFG stock today.
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- 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.
- Enter your personal data to create your new trading account.
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Step 3: Put funds into your investment account
Now that you have opened your account on app for stock market, you need to deposit funds:
Check out the video below for more details depositing money into your new investment account.
Step 4: Analyze Midwestone Financial Group stock
After you have chosen the best place to buy Midwestone Financial Group stock, it's crucial to research their stock before you invest, so you can comprehend the risk and opportunity.
Midwestone Financial Group stock quick numbers
MOFG Zen Score
WallStreetZen was created to help part-time investors do more accurate fundamental analysis quickly.
You can view all of the due diligence checks on MOFG's stock page.
Is MOFG stock undervalued?
Analysts use many financial metrics, analyses, models, and charts to gauge MOFG's intrinsic value.
Using relative valuations ratios:
- MOFG could be undervalued based on its P/E ratio of 14.87x, relative to Banks - Regional industry P/E ratio of -10.51x
- MOFG may be undervalued based on its P/B ratio of 0.59x, relative to Banks - Regional industry P/B ratio of 0.95x
You can do more valuation research on MOFG's stock here.
MOFG Financials at a glance
Passed Financial Due Diligence Checks:
- MOFG earnings of $24.83M is not enough to cover its interest payments.
Failed Financial Due Diligence Checks:
- MOFG's operating cash flow of $62.57M allows it to safely service it's debt of $423.56M.
- MOFG profit margin has gone down from 29.1% to 13.3% in the past year.
- MOFG has a relatively high debt to equity ratio of 11.26.
- Total MOFG debt is higher than 5 years ago, relative to shareholder equity.
Do analysts think it's a good time to buy Midwestone Financial Group stock
Out of 2 Equities analysts who give recommendations on MOFG, the consensus analyst rating on MOFG is a Hold
Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Midwestone Financial Group stock forecast page.
Metrics for Advanced MOFG Traders
How is MOFG performing as a company?
Last year, MOFG earnings were $20.86M. Over the last 5 year, MOFG's earnings have increased by -11.72% per year. This was slower than the Banks - Regional industry average of 16.36%.
Last year, MOFG revenue was $156.75M. In the last five year, MOFG's revenue has gone up by 5.28% per year. This was slower than the Banks - Regional industry average of 7.32%.
Learn more about MOFG's earnings and revenue performance here.
Who is buying/selling MOFG?
Over the last year, executives and large shareholders at MOFG have bought more shares than they have sold.
Charles N. Reeves, Chief Executive Officer of MOFG, was the latest MOFG insider to buy. They bought $99,999.69 worth of MOFG stock on Mar 11, 2024.
Research more about who owns MOFG shares here.
Can I get consistent income from MOFG stock?
Midwestone Financial Group pays a dividend of 4.9%, compared to the Banks - Regional industry's average dividend yield of 4.03%. If you owned $1,000 worth of MOFG stock, you would have been paid $49.04 in the past 12 months.
Midwestone Financial Group dividend payments have consistently grown over the past decade and have remained stable.
Dig into more info about Midwestone Financial Group dividend yield and history here.
MOFG Social Trading Data
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Step 5: Make your MOFG buy order
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly sufficient. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount limit, place a limit order.
Hit the Open button and eToro will place your order.
If you need more help with investing in stocks on eToro, click the how to video below:
Step 6: Track your investment in MOFG
Now that you own some MOFG shares, you'll want to stay up-to-date on your new company.
Create a watchlist to monitor your MOFG stock.
MOFG Feed
How to Buy Stock in Midwestone Financial Group
To summarize, here are the 6 steps to buy Midwestone Financial Group stock:
- Figure out where to buy Midwestone Financial Group stock
- Open a brokerage account
- Put funds into your investment account
- Analyze Midwestone Financial Group stock
- Make your MOFG buy order
- Track your investment in MOFG
If you are looking for a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to keep tabs on your new investment in Midwestone Financial Group, create a watchlist today.
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