MidWestOne Financial Group Inc (NASDAQ: MOFG) has benefited from exceptional positive changes in investment behavior: the stock rose on very heavy volume, and its shorter term price trend turned up.
Recent meaningful positive changes in fundamentals have benefitted MidWestOne Financial Group Inc (NASDAQ: MOFG): significant quarterly earnings acceleration occurred, and the consensus estimate for December, 2025 increased significantly.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, MOFG is expected to continue to be a modest Value Builder.
MidWestOne Financial Group has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. MidWestOne Financial Group has a good Appreciation Score of 79 and a very high Power Rating of 91, triggering the Highest Value Trend Rating.
Recent Price Action
MidWestOne Financial Group Inc (NASDAQ: MOFG) stock closed at $29.33 on 10/15/24 after a large increase of 2.6%. Moreover, trading volume in this advance was exceptionally high at 212% of normal. The stock has risen 8.5% during the last week and has been strong relative to the market over the last nine months.
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