News articles about Midland States Bancorp (NASDAQ:MSBI) have trended somewhat positive this week, Accern Sentiment reports. The research group identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Midland States Bancorp earned a news impact score of 0.21 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 45.2357038811291 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

These are some of the news articles that may have impacted Accern Sentiment’s scoring:

MSBI has been the subject of several recent research reports. Zacks Investment Research upgraded shares of Midland States Bancorp from a “sell” rating to a “hold” rating in a research report on Tuesday, October 3rd. Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $37.00 target price on shares of Midland States Bancorp in a research report on Tuesday, August 29th.

Shares of Midland States Bancorp (NASDAQ MSBI) traded up 4.67% during trading on Wednesday, reaching $35.43. 86,440 shares of the company were exchanged. Midland States Bancorp has a 52-week low of $24.70 and a 52-week high of $37.58. The stock has a 50-day moving average of $31.48 and a 200 day moving average of $32.88. The stock has a market capitalization of $676.54 million, a P/E ratio of 18.43 and a beta of 2.37.

Midland States Bancorp (NASDAQ:MSBI) last announced its earnings results on Thursday, July 27th. The financial services provider reported $0.51 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.58 by ($0.07). Midland States Bancorp had a net margin of 8.23% and a return on equity of 3.59%. The business had revenue of $43.02 million during the quarter, compared to analyst estimates of $45.60 million. On average, equities analysts anticipate that Midland States Bancorp will post $1.90 earnings per share for the current fiscal year.

In other news, Director John M. Schultz sold 2,000 shares of the firm’s stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $31.76, for a total value of $63,520.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last 90 days, insiders bought 1,455 shares of company stock valued at $44,107 and sold 6,000 shares valued at $188,400. Company insiders own 14.90% of the company’s stock.

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About Midland States Bancorp

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