FIRST MERCHANTS CORP - FRME 7 1/2 PERP (FRMEP) Forecast, Price Target & Analyst Ratings

NASDAQ:FRMEP • US3208172086

Current stock price

25.25 USD
+0.16 (+0.64%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for FIRST MERCHANTS CORP - FRME 7 1/2 PERP (FRMEP).

Forecast Snapshot

Consensus Price Target

Price Target
$31.90
+ 26.32% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Apr 22, 2026
Period
Q1 / 2026
EPS Estimate
$0.90
Revenue Estimate
192.63M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
78.33%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$31.90
Upside
+ 26.32%
From current price of $25.25 to mean target of $31.90, Based on 12 analyst forecasts
Low
$29.78
Median
$31.48
High
$36.00

Price Target Revisions

1 Month
0.00%
3 Months
-0.06%

Price Target Summary

12 Wall Street analysts provided a forecast for the next 12 months for FRMEP. The average price target is 31.9 USD. This implies a price increase of 26.32% is expected in the next year compared to the current price of 25.25.
The average price target has been revised downward by 0.06% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

FRMEP Current Analyst RatingFRMEP Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6

Analyst Ratings History

FRMEP Historical Analyst RatingsFRMEP Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
78.33%
FRMEP was analyzed by 12 analysts. The buy percentage consensus is at 78. So analysts seem to be have mildly positive about FRMEP.
In the previous month the buy percentage consensus was at a similar level.
FRMEP was analyzed by 12 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

Next Earnings Forecast Details

Next Earnings Details

Release Date
Apr 22, 2026
Period
Q1 / 2026
EPS Estimate
$0.90
Revenue Estimate
192.63M
Revenue Q2Q
20.15%
EPS Q2Q
-4.47%
Number of Analysts
8

Next Earnings Revisions

Revenue (1 Month)
-0.43%
Revenue (3 Months)
4.83%
EPS (1 Month)
5.11%
EPS (3 Months)
-1.58%

Next Earnings Summary

FRMEP is expected to report earnings on 4/22/2026. The consensus EPS estimate for the next earnings is 0.9 USD and the consensus revenue estimate is 192.63M USD.
The next earnings revenue estimate has been revised upward by 4.83% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027
Revenue
YoY % growth
FRMEP revenue by date.FRMEP revenue by date.
651.002M
3.65%		646.694M
-0.66%		662.947M
2.51%		819.92M
23.68%		868.09M
5.87%
EBITDA
YoY % growth
FRMEP ebitda by date.FRMEP ebitda by date.
N/AN/AN/AN/AN/A
EBIT
YoY % growth
FRMEP ebit by date.FRMEP ebit by date.
N/A
-2.10%		N/A
-6.96%		N/A
6.91%		368.95M
19.12%		398.52M
8.01%
Operating Margin
FRMEP operating margin by date.FRMEP operating margin by date.
N/AN/AN/A45.00%45.91%
EPS
YoY % growth
FRMEP eps by date.FRMEP eps by date.
3.91
-2.98%		3.24
-17.14%		3.88
19.75%		4.19
7.93%		4.63
10.64%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27
EPS
Q2Q % growth		0.90
-4.47%		1.06
8.11%		1.09
11.63%		1.10
12.27%		1.10
22.76%		1.15
8.22%		1.17
7.32%		1.20
8.99%
Revenue
Q2Q % growth		192.63M
20.15%		205.95M
25.34%		204.8M
23.27%		206.5M
19.94%		209.23M
8.62%		212.52M
3.19%		217.05M
5.98%		219.1M
6.10%
EBITDA
Q2Q % growth		N/AN/AN/AN/AN/AN/AN/AN/A
EBIT
Q2Q % growth		84.12M
9.44%		92.343M
16.87%		94.53M
19.00%		95.609M
21.90%		94.512M
12.35%		97.165M
5.22%		100.7M
6.53%		101.75M
6.42%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

FRMEP Yearly Revenue VS EstimatesFRMEP Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M 800M
FRMEP Yearly EPS VS EstimatesFRMEP Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1 2 3 4

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
N/A
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
N/A
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

FIRST MERCHANTS CORP - FRME 7 1/2 PERP / FRMEP Forecast FAQ

What is the average price target for FIRST MERCHANTS CORP - FRME 7 1/2 PERP (FRMEP) stock?

12 analysts have analysed FRMEP and the average price target is 31.9 USD. This implies a price increase of 26.32% is expected in the next year compared to the current price of 25.25.

When does FIRST MERCHANTS CORP - FRME 7 1/2 PERP (FRMEP) report earnings?

FIRST MERCHANTS CORP - FRME 7 1/2 PERP (FRMEP) will report earnings on 2026-04-22.

What are the consensus estimates for FIRST MERCHANTS CORP - FRME 7 1/2 PERP (FRMEP) next earnings?

The consensus EPS estimate for the next earnings of FIRST MERCHANTS CORP - FRME 7 1/2 PERP (FRMEP) is 0.9 USD and the consensus revenue estimate is 192.63M USD.