Previous close | 13.67 |
Open | 13.70 |
Bid | 9.82 x 200 |
Ask | 17.66 x 200 |
Day's range | 13.62 - 13.88 |
52-week range | 8.31 - 14.00 |
Volume | |
Avg. volume | 111,416 |
Market cap | 470.41M |
Beta (5Y monthly) | 0.66 |
PE ratio (TTM) | 41.48 |
EPS (TTM) | 0.33 |
Earnings date | 25 Apr 2024 - 29 Apr 2024 |
Forward dividend & yield | 0.36 (2.63%) |
Ex-dividend date | 12 Feb 2024 |
1y target est | 12.33 |
Macatawa (MCBC) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Dividend-paying stocks are often sought after for their potential to provide investors with a consistent stream of income. However, the stability of these dividends is paramount; companies like Sturm Ruger, which have experienced significant cuts in their dividends, raise concerns about the reliability of their payouts. Such fluctuations can signal underlying financial difficulties or a lack of commitment to returning value to shareholders, making it crucial for investors to tread carefully...
ROSEMONT, Ill. and HOLLAND, Mich., April 15, 2024 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (“Wintrust”) (Nasdaq: WTFC) and Macatawa Bank Corporation (“Macatawa”) (Nasdaq: MCBC) today jointly announced that they have entered into a definitive merger agreement for Wintrust to acquire Macatawa in an all-stock transaction. Macatawa is the parent company of Macatawa Bank, a Michigan state-chartered bank, which is headquartered in Holland, Michigan and operates a network of 26 full-service b