← ANALYST RATINGS · TIPRANKS
Merchants Bancorp (MBIN): analyst forecast and price target
Analyst consensus
Moderate Buy1 Buy0 Hold0 Sell
Ratings of 1 analysts in the last 3 months · top analysts only12-month forecast
Based on 1 price targets given in the last 3 months, the average target is $63.00, the highest $63.00, the lowest $63.00. The average is +29.2% from the last price of $48.77.
Analyst ratings 4
| Analyst | Firm | Price target | Rating | Upside | Action | Date | Move vs SPY | |
|---|---|---|---|---|---|---|---|---|
| AI xAi Banks - RegionalxAI Grok-3 | TipRanks - xAI | $55.00 → $54.00−1.8% | Buy | +10.7% | Reiterated | 17.10.26on TipRanks 14:05 | — | |
| AI PerPlexity Banks - RegionalPerPlexity SonarPro | TipRanks - PerPlexity | $54.00 → $53.00−1.9% | Hold | +8.7% | Downgrade | 17.10.26on TipRanks 14:05 | — | |
| AI xAi Banks - RegionalxAI Grok-3 | TipRanks - xAI | $54.00 → $55.00+1.9% | Buy | +12.8% | Reiterated | 16.10.26on TipRanks 10:05 | — | |
| AI PerPlexity Banks - RegionalPerPlexity SonarPro | TipRanks - PerPlexity | $53.00 → $54.00+1.9% | Hold | +10.7% | Downgrade | 16.10.26on TipRanks 10:05 | — | |
| AI xAi Banks - RegionalxAI Grok-3 | TipRanks - xAI | $55.00 → $54.00−1.8% | Buy | +10.7% | Reiterated | 15.10.26on TipRanks 02:05 | — | |
| AI PerPlexity Banks - RegionalPerPlexity SonarPro | TipRanks - PerPlexity | $54.00 → $53.00−1.9% | Hold | +8.7% | Downgrade | 15.10.26on TipRanks 02:05 | — | |
| Nathan Race★★★★★★★★★★#325 · hits 68% · avg +14.5% | Piper Sandler | $64.00 → $63.00−1.6% | Buy | +29.2% | Reiterated | 05.10.26on TipRanks 07:00 | −1.1%next day −0.1% · 5 days −1.9% | ↗ |
| AI xAi Banks - RegionalxAI Grok-3 | TipRanks - xAI | $60.00 → $55.00−8.3% | Buy | +12.8% | Reiterated | 01.10.26on TipRanks 08:05 | — | |
| AI DeepSeek Banks - RegionalDeepSeek R1-0528 | TipRanks - DeepSeek | $56.00 → $51.00−8.9% | Hold | +4.6% | Reiterated | 01.10.26on TipRanks 08:05 | — | |
| AI OpenAI Banks - RegionalOpenAI 4o | TipRanks - OpenAI | $57.00 → $52.00−8.8% | Hold | +6.6% | Reiterated | 01.10.26on TipRanks 08:05 | — | |
| AI Anthropic Banks - RegionalAnthropic Opus-4.1 | TipRanks - Anthropic | $55.00 → $50.00−9.1% | Hold | +2.5% | Reiterated | 01.10.26on TipRanks 08:05 | — | |
| AI Google Banks - RegionalGemini 2.5Pro | TipRanks - Google | $59.00 → $54.00−8.5% | Buy | +10.7% | Reiterated | 01.10.26on TipRanks 08:05 | — | |
| AI PerPlexity Banks - RegionalPerPlexity SonarPro | TipRanks - PerPlexity | $59.00 → $54.00−8.5% | Hold | +10.7% | Downgrade | 01.10.26on TipRanks 08:05 | — | |
| Ryan Kenny★★★★★★★★★★#10275 · hits 43% · avg −2.0% | Morgan Stanley | $65.00 | Hold | +33.3% | Assigned | 28.09.26on TipRanks 08:20 | −0.3%next day −3.6% · 5 days −4.8% | ↗ |
| Nathan Race★★★★★★★★★★#325 · hits 68% · avg +14.5% | Piper Sandler | $64.00 | Buy | +31.2% | Reiterated | 02.09.26on TipRanks 07:55 | +1.1%next day −1.0% · 5 days +1.8% | ↗ |
| AI xAi Banks - RegionalxAI Grok-3 | TipRanks - xAI | $61.00 → $60.00−1.6% | Buy | +23.0% | Reiterated | 21.08.26on TipRanks Aug 20 22:05 | — | |
| AI DeepSeek Banks - RegionalDeepSeek R1-0528 | TipRanks - DeepSeek | $59.00 → $56.00−5.1% | Hold | +14.8% | Reiterated | 21.08.26on TipRanks Aug 20 22:05 | — | |
| AI OpenAI Banks - RegionalOpenAI 4o | TipRanks - OpenAI | $58.00 → $57.00−1.7% | Hold | +16.9% | Reiterated | 21.08.26on TipRanks Aug 20 22:05 | — | |
| AI Anthropic Banks - RegionalAnthropic Opus-4.1 | TipRanks - Anthropic | $55.00 | Hold | +12.8% | Reiterated | 21.08.26on TipRanks Aug 20 22:05 | — | |
| AI Google Banks - RegionalGemini 2.5Pro | TipRanks - Google | $61.00 → $59.00−3.3% | Buy | +21.0% | Reiterated | 21.08.26on TipRanks Aug 20 22:05 | — | |
| AI PerPlexity Banks - RegionalPerPlexity SonarPro | TipRanks - PerPlexity | $60.00 → $59.00−1.7% | Hold | +21.0% | Downgrade | 21.08.26on TipRanks Aug 20 22:05 | — | |
| Daniel Tamayo★★★★★★★★★★#576 · hits 67% · avg +16.4% | Raymond James | — | Hold | — | Downgrade | 01.07.26on TipRanks 05:55 | −0.3%next day −1.8% · 5 days −4.8% | ↗ |
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Every rating the collector has kept for the last 12 months, including the earlier ones of the same analyst. Latest of each analyst
Best analysts covering Merchants Bancorp
TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.
Most accurate
Most profitable
How the average price target moved
The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $64.50 at a price of $48.96 (+31.7%); now: $64.00 at $48.77 (+31.2%).
PriceAverage targetTop analysts’ target
Recommendation trend · top analysts
Strong BuyBuyHoldSell
| Rating | 05.26 | 06.26 | 07.26 | 08.26 | 09.26 | 10.26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 1 | 1 | 2 | 2 |
| Hold | 2 | 1 | 2 | 2 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Earnings and sales forecast
Next report: 22.10.26 (Q3 2026, date not confirmed)
Earnings per share
Next quarter’s EPS estimate — $1.39 (from $1.38 to $1.40). Last quarter: $1.48.
Sales
Next quarter’s sales estimate — $183M (from $181M to $185M). Last quarter: $334M.
Best top-analyst consensus in the sector · Financial
About Merchants Bancorp
- CEO: Michael F. Petrie
- Employees: 735
- 410 Monon Boulevard, Carmel, IN, 46032, US
- bankmerchants.com
Merchants Bancorp operates as a diversified financial services holding company across the United States. Its operations are organized into three primary divisions: Multi-family Mortgage Banking, Mortgage Warehousing, and Banking. The Multi-family Mortgage Banking division focuses on originating and servicing government-sponsored mortgages for multi-family dwellings and healthcare institutions. It also tailors loan products specifically for independent living, assisted living, memory care, and skilled nursing developments, and serves as a syndicator for low-income housing tax credits and related debt funds. The Mortgage Warehousing division provides funding for residential loans eligible for agency backing, covering their initiation, acquisition, and sale within the secondary market, in addition to extending commercial credit to non-depository financial firms. Finally, the Banking division offers a broad spectrum of financial products and services to both individual consumers and businesses. These offerings encompass various deposit accounts and a diverse portfolio of loan options, including multi-family construction and bridge loans, commercial real estate, commercial and industrial, agricultural, residential mortgage, and consumer credit. Furthermore, this segment facilitates single-family mortgage lending, construction, bridge, and lot financing, first-lien home equity lines of credit, and Small Business Administration (SBA) lending programs. Founded in 1990, Merchants Bancorp maintains its corporate headquarters in Carmel, Indiana.
Data from the stock’s TipRanks forecast page, read 19 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗