Mercantile Bank Corporation is a bank holding company. The company has market cap of $576.25 million. The Firm owns the Mercantile Bank of Michigan . It has a 18.12 P/E ratio. The Bank is a state banking company.
Analysts expect Liberty Tripadvisor Holdings Inc (NASDAQ:LTRPB) to report $0.00 EPS on May, 8. The stock increased 6.72% or $0.9 on April 27, reaching $14.3. About shares traded. Liberty Tripadvisor Holdings Inc (NASDAQ:LTRPB) has declined 34.40% since September 20, 2016 and is downtrending. It has underperformed by 45.98% the S&P500.
Liberty TripAdvisor Holdings, Inc. is a holding company. The company has market cap of $1.09 billion. Through its interests in subsidiaries and other companies, the Company is primarily engaged in the online travel research and online commerce industries. It has a 53.62 P/E ratio. The Company’s subsidiaries include TripAdvisor, Inc. , which owns and operates a portfolio of online travel brands, and BuySeasons, Inc., which owns and operates BuyCostumes.com and the Celebrate Express (BuySeasons) family of Websites.
The stock decreased 3.38% or $1.2 during the last trading session, reaching $34.34. About 26,792 shares traded. Mercantile Bank Corp. (NASDAQ:MBWM) has risen 29.71% since September 20, 2016 and is uptrending. It has outperformed by 18.13% the S&P500.
Analysts await Mercantile Bank Corp. (NASDAQ:MBWM) to report earnings on July, 18. They expect $0.44 EPS, down 4.35% or $0.02 from last year’s $0.46 per share. MBWM’s profit will be $7.38 million for 19.51 P/E if the $0.44 EPS becomes a reality. After $0.46 actual EPS reported by Mercantile Bank Corp. for the previous quarter, Wall Street now forecasts -4.35% negative EPS growth.
Banc Funds Co Llc holds 2.31% of its portfolio in Mercantile Bank Corp. for 1.44 million shares. North Star Asset Management Inc owns 334,023 shares or 1.39% of their US portfolio. Moreover, Castine Capital Management Llc has 1.34% invested in the company for 84,865 shares. The Connecticut-based Thomson Horstmann & Bryant Inc has invested 0.5% in the stock. Clenar Muke Llc, a Michigan-based fund reported 15,143 shares.
Since January 1, 0001, it had 0 buys, and 4 insider sales for $800,704 activity.
Ratings analysis reveals 0 of Mercantile Bank’s analysts are positive. Out of 4 Wall Street analysts rating Mercantile Bank, 0 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $25 while the high is $32. The stock’s average target of $29 is -15.55% below today’s ($34.34) share price. MBWM was included in 7 notes of analysts from July 22, 2015. As per Monday, November 21, the company rating was initiated by Hovde Group. On Wednesday, January 18 the stock rating was downgraded by Raymond James to “Mkt Perform”. The firm has “Mkt Perform” rating by Keefe Bruyette & Woods given on Tuesday, November 29. The company was downgraded on Wednesday, July 22 by Sandler O’Neill. On Tuesday, August 25 the stock rating was upgraded by Raymond James to “Mkt Perform”.
