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NASDAQ: FRME
First Merchants Corp Stock Forecast, Predictions & Price Target

Analyst price target for FRME

Based on 2 analysts offering 12 month price targets for First Merchants Corp.
Min Forecast
$36.00+5.82%
Avg Forecast
$38.00+11.7%
Max Forecast
$40.00+17.58%

Should I buy or sell FRME stock?

Based on 2 analysts offering ratings for First Merchants Corp.
Strong Buy
Strong Buy
1 analysts 50%
Buy
1 analysts 50%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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FRME stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-01-29
lockedlocked$00.00+00.00%2023-10-30

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Forecast return on equity

Is FRME forecast to generate an efficient return?

Forecast return on assets

Is FRME forecast to generate an efficient return on assets?

FRME revenue forecast

What is FRME's revenue in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$629.3M-2.81%
Avg 2 year Forecast
$651.1M+0.55%
FRME's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

FRME revenue growth forecast

How is FRME forecast to perform vs Banks - Regional companies and vs the US market?
Company
-2.81%
Industry
2.61%
Market
36.63%
FRME's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
FRME's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

FRME vs Bank Stocks

TickerPricePrice TargetUp/downsideConsensus
FRME$34.02$38.00+11.70%Strong Buy
SBCF$23.66$25.88+9.36%Buy
FFBC$21.59$25.00+15.79%Buy
HTH$30.45N/AN/A
NYCB$2.73$7.39+170.51%Hold

First Merchants Stock Forecast FAQ

Is First Merchants Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NASDAQ: FRME) stock is to Strong Buy FRME stock.

Out of 2 analysts, 1 (50%) are recommending FRME as a Strong Buy, 1 (50%) are recommending FRME as a Buy, 0 (0%) are recommending FRME as a Hold, 0 (0%) are recommending FRME as a Sell, and 0 (0%) are recommending FRME as a Strong Sell.

If you're new to stock investing, here's how to buy First Merchants stock.

What is FRME's revenue growth forecast for 2024-2025?

(NASDAQ: FRME) First Merchants's forecast annual revenue growth rate of -2.81% is not forecast to beat the US Banks - Regional industry's average forecast revenue growth rate of 2.61%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 36.63%.

First Merchants's revenue in 2024 is $647,502,000.On average, 2 Wall Street analysts forecast FRME's revenue for 2024 to be $37,342,300,782, with the lowest FRME revenue forecast at $36,505,614,875, and the highest FRME revenue forecast at $38,178,986,688.

In 2025, FRME is forecast to generate $38,632,933,297 in revenue, with the lowest revenue forecast at $38,178,986,688 and the highest revenue forecast at $39,086,879,906.

What is FRME's forecast return on assets (ROA) for 2024-2025?

(NASDAQ: FRME) forecast ROA is N/A, which is lower than the forecast US Banks - Regional industry average of 1.29%.

What is FRME's Price Target?

According to 2 Wall Street analysts that have issued a 1 year FRME price target, the average FRME price target is $38.00, with the highest FRME stock price forecast at $40.00 and the lowest FRME stock price forecast at $36.00.

On average, Wall Street analysts predict that First Merchants's share price could reach $38.00 by Jan 29, 2025. The average First Merchants stock price prediction forecasts a potential upside of 11.7% from the current FRME share price of $34.02.

What is FRME's forecast return on equity (ROE) for 2024-2025?

(NASDAQ: FRME) forecast ROE is N/A, which is considered weak.
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