First Merchants Statistics
Share Statistics
First Merchants has 58.31M
shares outstanding. The number of shares has increased by -0.09%
in one year.
Shares Outstanding | 58.31M |
Shares Change (YoY) | -0.09% |
Shares Change (QoQ) | -0.23% |
Owned by Institutions (%) | 74.88% |
Shares Floating | n/a |
Failed to Deliver (FTD) Shares | 40 |
FTD / Avg. Volume | 0.01% |
Short Selling Information
The latest short interest is 704.9K, so 1.22% of the outstanding
shares have been sold short.
Short Interest | 704.9K |
Short % of Shares Out | 1.22% |
Short % of Float | 1.4% |
Short Ratio (days to cover) | 3.3 |
Valuation Ratios
The PE ratio is 11.55 and the forward
PE ratio is 9.42.
First Merchants's PEG ratio is
-1.35.
PE Ratio | 11.55 |
Forward PE | 9.42 |
PS Ratio | 2.45 |
Forward PS | 3 |
PB Ratio | 1.01 |
P/FCF Ratio | 8.74 |
PEG Ratio | -1.35 |
Financial Ratio History Enterprise Valuation
First Merchants has an Enterprise Value (EV) of 2.86B.
EV / Sales | 3.01 |
EV / EBITDA | 0 |
EV / EBIT | 10.73 |
EV / FCF | 10.73 |
Financial Position
The company has a current ratio of 0.16,
with a Debt / Equity ratio of 0.4.
Current Ratio | 0.16 |
Quick Ratio | 0.16 |
Debt / Equity | 0.4 |
Debt / EBITDA | n/a |
Debt / FCF | 3.44 |
Interest Coverage | 2.2 |
Financial Efficiency
Return on Equity is 8.74% and Return on Invested Capital is -10.81%.
Return on Equity | 8.74% |
Return on Assets | 1.1% |
Return on Invested Capital | -10.81% |
Revenue Per Employee | $447,172.64 |
Profits Per Employee | $95,000.94 |
Employee Count | 2,120 |
Asset Turnover | 0.05 |
Inventory Turnover | n/a |
Taxes
Income Tax | 30.33M |
Effective Tax Rate | 13.09% |
Stock Price Statistics
The stock price has increased by 13.98% in the
last 52 weeks. The beta is 1.03, so First Merchants's
price volatility has been higher than the market average.
Beta | 1.03 |
52-Week Price Change | 13.98% |
50-Day Moving Average | 37.63 |
200-Day Moving Average | 39.53 |
Relative Strength Index (RSI) | 48.73 |
Average Volume (20 Days) | 298,672 |
Income Statement
In the last 12 months, First Merchants had revenue of 948.01M
and earned 201.4M
in profits. Earnings per share was 3.42.
Revenue | 948.01M |
Gross Profit | 948.01M |
Operating Income | 940.62M |
Net Income | 201.4M |
EBITDA | n/a |
EBIT | -26.85M |
Earnings Per Share (EPS) | 3.42 |
Full Income Statement Balance Sheet
The company has 386.51M in cash and 916.08M in
debt, giving a net cash position of -529.58M.
Cash & Cash Equivalents | 386.51M |
Total Debt | 916.08M |
Net Cash | -529.58M |
Retained Earnings | 1.27B |
Total Assets | 18.44B |
Working Capital | 1.55B |
Full Balance Sheet Cash Flow
In the last 12 months, operating cash flow was 266.21M
and capital expenditures 0, giving a free cash flow of 266.21M.
Operating Cash Flow | 266.21M |
Capital Expenditures | n/a |
Free Cash Flow | 266.21M |
FCF Per Share | 4.57 |
Full Cash Flow Statement Margins
Gross margin is 100%, with operating and profit margins of 99.22% and 21.24%.
Gross Margin | 100% |
Operating Margin | 99.22% |
Pretax Margin | 24.44% |
Profit Margin | 21.24% |
EBITDA Margin | n/a |
EBIT Margin | 99.22% |
FCF Margin | 28.08% |
Dividends & Yields
FRME pays an annual dividend of $1.76,
which amounts to a dividend yield of 3.72%.
Dividend Per Share | $1.76 |
Dividend Yield | 3.72% |
Dividend Growth (YoY) | 2.94% |
Payout Ratio | 50.57% |
Earnings Yield | 8.66% |
FCF Yield | 11.44% |
Dividend Details Analyst Forecast
The average price target for FRME is $47.5,
which is 26.1% higher than the current price. The consensus rating is "Buy".
Price Target | $47.5 |
Price Target Difference | 26.1% |
Analyst Consensus | Buy |
Analyst Count | 4 |
Stock Forecasts 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 | 0.35 |
Piotroski F-Score | 7 |