Earnings News

Is It Time To Review Stock News? MutualFirst Financial, Inc. (NASDAQ: MFSF)

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MutualFirst Financial, Inc. (NASDAQ: MFSF) stock observed trading -10.33% off 52-week high price. On the other end, the stock has been noted 6.57% away from low price over the last 52-weeks. The stock disclosed a move of -1.47% away from 50 day moving average and -3.28% away from 200 day moving average. Moving closer, we can see that shares have been trading 1.24% off 20-day moving average. It has market cap of $308.12M and dividend yield of 2.01%.

MutualFirst Financial, Inc. (NASDAQ: MFSF), the holding company of MutualBank, has announced the Company will pay a cash dividend of $.20 per share for the fourth quarter of 2018. This dividend represents a 11% increase. The dividend will be payable on December 28, 2018 to shareholders of record on December 14, 2018.

David W. Heeter, President and CEO. Mr. Heeter continued said “This increase in dividend reflects our efforts to continue to build value for our shareholders”, “We are pleased with our continued performance momentum.”

MutualFirst Financial, Inc. is the parent company of MutualBank, an Indiana-based financial institution since 1889. MutualBank has thirty-nine full-service retail financial centers throughout Indiana. MutualBank has two offices located in Fishers and Crawfordsville, Indiana specializing in wealth management and trust services and a loan origination office in New Buffalo, Michigan. MutualBank also operates a wholly owned subsidiary named Summit Mortgage which operates out of Fort Wayne, Indiana. MutualBank provides a full range of financial services including commercial and business banking, personal banking, wealth management, trust services, investments and internet banking services. The Company’s stock is traded on the NASDAQ National Market under the symbol “MFSF”.

The USA based company MutualFirst Financial moved with change of -0.25% to $35.87 with the total traded volume of 4599 shares in recent session versus to an average volume of 7.64K. The stock was observed in the 5 days activity at 2.43%. The one month performance of stock was -0.86%. MFSF’s shares are at -6.34% for the quarter and driving a -6.10% return over the course of the past year and is now at -6.95% since this point in 2018.  Right now the stock beta is 0.15. The average volatility for the week and month was at 1.18% and 2.50% respectively. There are 8.59M shares outstanding and 7.25M shares are floated in market.

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