With 0.5 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.29 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $40.56 whereas the lowest price it dropped to was $39.76. The 52-week range on FRME shows that it touched its highest point at $46.13 and its lowest point at $33.13 during that stretch. It currently has a 1-year price target of $46.00. With its current market cap of 2.36 billion, FRME has annualized dividend of $1.41 while the current yield stands at 3.49%. FRME paid its most recent dividend on 1749168000, while the ex-dividend date for that was 1749168000. Beta for the stock currently stands at 1.09.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of FRME was down-trending over the past week, with a drop of -1.80%, but this was up by 12.37% over a month. Three-month performance surged to 17.56% while six-month performance rose 4.77%. The stock gained 1.35% in the past year, while it has gained 14.24% so far this year. A look at the trailing 12-month EPS for FRME yields 3.55 with Next year EPS estimates of 4.03. For the next quarter, that number is 0.94. This implies an EPS growth rate of 11.93% for this year and 5.46% for next year.
Float and Shares Shorts:
At present, 57.81 million FRME shares are outstanding with a float of 57.40 million shares on hand for trading. On 2025-06-13, short shares totaled 0.77 million, which was 132.00001 higher than short shares on 1747267200. In addition to Mr. Mark K. Hardwick CPA as the firm’s CEO & Director, Mr. Michael C. Rechin serves as its Advisor & Vice Chair.
Institutional Ownership:
Through their ownership of 0.79499 of FRME’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FRME since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With FRME analysts setting a high price target of 49.0 and a low target of 42.0, the average target price over the next 12 months is 45.16667. Based on these targets, FRME could surge 21.2% to reach the target high and rise by 3.88% to reach the target low. Reaching the average price target will result in a growth of 11.72% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $3.25917 being high and $3.22083 being low. For FRME, this leads to a yearly average estimate of $3.24.
