First Merchants Corporation Statistics
Share Statistics
First Merchants Corporation has 58.67M shares outstanding. The number of shares has increased by -2.24% in one year.
Shares Outstanding | 58.67M |
Shares Change (YoY) | n/a |
Shares Change (QoQ) | -0.13% |
Owned by Institutions (%) | n/a |
Shares Floating | 57.92M |
Failed to Deliver (FTD) Shares | 400 |
FTD / Avg. Volume | 0.14% |
Short Selling Information
The latest short interest is 469.91K, so 0.8% of the outstanding shares have been sold short.
Short Interest | 469.91K |
Short % of Shares Out | 0.8% |
Short % of Float | 0.81% |
Short Ratio (days to cover) | 1.74 |
Valuation Ratios
The PE ratio is 9.83 and the forward PE ratio is 12.58.
PE Ratio | 9.83 |
Forward PE | 12.58 |
PS Ratio | 3.36 |
Forward PS | 3.8 |
PB Ratio | 0.98 |
P/FCF Ratio | 8.5 |
PEG Ratio | n/a |
Enterprise Valuation
First Merchants Corporation has an Enterprise Value (EV) of 2.70B.
EV / Earnings | 12.07 |
EV / Sales | 4.13 |
EV / EBITDA | 9.97 |
EV / EBIT | 10.42 |
EV / FCF | 10.44 |
Financial Position
The company has a current ratio of 0, with a Debt / Equity ratio of 0.39.
Current Ratio | 0 |
Quick Ratio | 0 |
Debt / Equity | 0.39 |
Total Debt / Capitalization | 27.94 |
Cash Flow / Debt | 0.3 |
Interest Coverage | 0.74 |
Financial Efficiency
Return on equity (ROE) is 0.1% and return on capital (ROIC) is 7.17%.
Return on Equity (ROE) | 0.1% |
Return on Assets (ROA) | 0.01% |
Return on Capital (ROIC) | 7.17% |
Revenue Per Employee | 302.64K |
Profits Per Employee | 103.51K |
Employee Count | 2.16K |
Asset Turnover | 0.04 |
Inventory Turnover | 0 |
Taxes
Income Tax | 35.45M |
Effective Tax Rate | 0.14 |
Stock Price Statistics
The stock price has increased by 17.69% in the last 52 weeks. The beta is 1.02, so First Merchants Corporation's price volatility has been higher than the market average.
Beta | 1.02 |
52-Week Price Change | 17.69% |
50-Day Moving Average | 40.47 |
200-Day Moving Average | 36.4 |
Relative Strength Index (RSI) | 55.76 |
Average Volume (20 Days) | 276.20K |
Income Statement
In the last 12 months, First Merchants Corporation had revenue of $654.31M and earned $223.79M in profits. Earnings per share was $3.74.
Revenue | 654.31M |
Gross Profit | 654.31M |
Operating Income | 259.23M |
Net Income | 223.79M |
EBITDA | 270.94M |
EBIT | 259.23M |
Earnings Per Share (EPS) | 3.74 |
Balance Sheet
The company has $112.65M in cash and $871.50M in debt, giving a net cash position of -$758.85M.
Cash & Cash Equivalents | 112.65M |
Total Debt | 871.50M |
Net Cash | -758.85M |
Retained Earnings | 1.15B |
Total Assets | 18.35B |
Working Capital | -12.54B |
Cash Flow
In the last 12 months, operating cash flow was $258.83M and capital expenditures $0, giving a free cash flow of $258.83M.
Operating Cash Flow | 258.83M |
Capital Expenditures | 0 |
Free Cash Flow | 258.83M |
FCF Per Share | 4.36 |
Margins
Gross margin is 100%, with operating and profit margins of 39.62% and 34.2%.
Gross Margin | 100% |
Operating Margin | 39.62% |
Pretax Margin | 39.62% |
Profit Margin | 34.2% |
EBITDA Margin | 41.41% |
EBIT Margin | 39.62% |
FCF Margin | 39.56% |
Dividends & Yields
FRME pays an annual dividend of $1.4, which amounts to a dividend yield of 3.23%.
Dividend Per Share | $1.40 |
Dividend Yield | 3.23% |
Dividend Growth (YoY) | 2.94% |
Payout Ratio | 46.51% |
Earnings Yield | 8.67% |
FCF Yield | 10.23% |
Analyst Forecast
The average price target for FRME is $46, which is 6.7% higher than the current price. The consensus rating is "Buy".
Price Target | $46 |
Price Target Difference | 6.7% |
Analyst Consensus | Buy |
Analyst Count | 4 |
Stock Splits
The last stock split was on Aug 27, 2003. It was a forward split with a ratio of 21:20.
Last Split Date | Aug 27, 2003 |
Split Type | forward |
Split Ratio | 21:20 |
Scores
Altman Z-Score | -0.54 |
Piotroski F-Score | 7 |