Analyst Activity – Piper Jaffray Companies Reiterates Hold on First Merchants Corporation (NASDAQ:FRME)

ME Staff
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Analyst Ratings For First Merchants Corporation (NASDAQ:FRME)

Today, Piper Jaffray Companies reiterated its Hold rating on First Merchants Corporation (NASDAQ:FRME).

There are 1 hold rating, 2 buy ratings on the stock.

The current consensus rating on First Merchants Corporation (NASDAQ:FRME) is Buy (Score: 2.67) with a consensus target price of $37.00 per share, a potential 8.53% downside.

Some recent analyst ratings include

  • 8/3/2017-Piper Jaffray Companies Reiterated Rating of Hold.
  • 4/5/2017-Keefe, Bruyette & Woods Reiterated Rating of Buy.
  • 1/29/2016-Stephens Upgrade from a “Equal Weight ” rating to a ” Overweight” rating.
  • 12/16/2015-SunTrust Banks, Inc. initiated coverage with a Neutral rating.

Dividend information for First Merchants Corporation (NASDAQ:FRME)

First Merchants Corporation (NASDAQ:FRME) pays an annual dividend of Community Ranking: with a yield of 1.78%.

Dividend History for First Merchants Corporation (NASDAQ:FRME)

  • On 5/2/2017 First Merchants Corporation announced a quarterly dividend of $0.18 1.73% with an ex dividend date of 5/31/2017 which will be payable on 6/16/2017.
  • On 2/13/2017 First Merchants Corporation announced a quarterly dividend of $0.15 1.47% with an ex dividend date of 3/1/2017 which will be payable on 3/17/2017.
  • On 11/16/2016 First Merchants Corporation announced a Quarterly dividend of $0.15 1.81% with an ex dividend date of 11/30/2016 which will be payable on 12/16/2016.
  • On 8/15/2016 First Merchants Corporation announced a quarterly dividend of $0.14 2.07% with an ex dividend date of 8/31/2016 which will be payable on 9/16/2016.
  • On 5/3/2016 First Merchants Corporation announced a quarterly dividend of $0.14 2.22% with an ex dividend date of 6/1/2016 which will be payable on 6/17/2016.
  • On 2/11/2016 First Merchants Corporation announced a quarterly dividend of $0.11 2% with an ex dividend date of 3/2/2016 which will be payable on 3/18/2016.
  • On 11/19/2015 First Merchants Corporation announced a quarterly dividend of $0.11 1.63% with an ex dividend date of 12/2/2015 which will be payable on 12/18/2015.

Recent Insider Trading Activity For First Merchants Corporation (NASDAQ:FRME)
First Merchants Corporation (NASDAQ:FRME) has insider ownership of 1.41% and institutional ownership of 67.56%.

  • On 8/1/2017 Patrick A. Sherman, Director, bought 12 with an average share price of $40.14 per share and the total transaction amounting to $481.68. View SEC Filing
  • On 7/3/2017 Patrick A Sherman, Director, bought 12 with an average share price of $40.44 per share and the total transaction amounting to $485.28. View SEC Filing
  • On 6/14/2017 Terry L. Walker, Director, sold 1,221 with an average share price of $42.30 per share and the total transaction amounting to $51,648.30. View SEC Filing
  • On 6/1/2017 Gary Lehman, Director, bought 41 with an average share price of $40.23 per share and the total transaction amounting to $1,649.43. View SEC Filing
  • On 5/1/2017 Gary Lehman, Director, bought 40 with an average share price of $41.89 per share and the total transaction amounting to $1,675.60. View SEC Filing
  • On 4/3/2017 Patrick A Sherman, Director, bought 13 with an average share price of $38.96 per share and the total transaction amounting to $506.48. View SEC Filing
  • On 3/21/2017 Stephan Fluhler, Insider, sold 1,800 with an average share price of $38.60 per share and the total transaction amounting to $69,480.00. View SEC Filing

Recent Trading Activity for First Merchants Corporation (NASDAQ:FRME)
Shares of First Merchants Corporation closed the previous trading session at 40.25 down -0.20 -0.49% with 133,830 shares trading hands.