Mackinac Financial (MFNC) Stock Price & Overview

NASDAQ:MFNC

Current stock price

21.5
+0.12 (+0.56%)
Last:

The current stock price of MFNC is 21.5 null. Today MFNC is up by 0.56%. In the past month the price increased by 3.32%. In the past year, price increased by 109.55%.

MFNC Key Statistics

52-Week Range9.03 - 22.19
Current MFNC stock price positioned within its 52-week range.
1-Month Range20.5 - 21.78
Current MFNC stock price positioned within its 1-month range.
Market Cap
226.825M
P/E
15.81
Fwd P/E
30.29
EPS (TTM)
1.36
Dividend Yield
2.60%

MFNC Stock Performance

Today
+0.56%
1 Week
+0.33%
1 Month
+3.32%
3 Months
+0.33%
Longer-term
6 Months +47.36%
1 Year +109.55%
2 Years N/A
3 Years N/A
5 Years N/A
10 Years N/A

MFNC Stock Chart

Mackinac Financial / MFNC Daily stock chart

MFNC Technical Analysis

ChartMill assigns a technical rating of 10 / 10 to MFNC. When comparing the yearly performance of all stocks, MFNC is one of the better performing stocks in the market, outperforming 88.99% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

MFNC Fundamental Analysis

ChartMill assigns a fundamental rating of 2 / 10 to MFNC. MFNC has a bad profitability rating. Also its financial health evaluation is rather negative.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

MFNC Earnings

Next Earnings DateN/A
Last Earnings DateN/A
PeriodQ2 / 2021
EPS Reported$0.32
Revenue Reported
EPS Surprise 49.39%
Revenue Surprise %

MFNC Forecast & Estimates

0 analysts have analysed MFNC and the average price target is 16.32 null. This implies a price decrease of -24.09% is expected in the next year compared to the current price of 21.5.

For the next year, analysts expect an EPS growth of -30.67% and a revenue growth -7.02% for MFNC


Analysts
Analysts0
Price Target16.32 (-24.09%)
EPS Next Y-30.67%
Revenue Next Year-7.02%

MFNC Groups

Sector & Classification

Sub-Industry
Regional Banks
Index Membership

MFNC Financial Highlights

Over the last trailing twelve months MFNC reported a non-GAAP Earnings per Share(EPS) of 1.36. The EPS increased by 7.09% compared to the year before.


Income Statements
Revenue(TTM)64.71M
Net Income(TTM)13.79M
Industry RankSector Rank
PM (TTM) 21.31%
ROA 0.91%
ROE 8.02%
Debt/Equity 0.17
Chartmill High Growth Momentum
EPS Q2Q%-3.03%
Sales Q2Q%-6.75%
EPS 1Y (TTM)7.09%
Revenue 1Y (TTM)3.44%

MFNC Ownership

Ownership
Inst Owners0.02%
Shares10.55M
Float8.22M
Ins Owners0.85%
Short Float %N/A
Short RatioN/A

About MFNC

Company Profile

Mackinac Financial Corp. is a bank holding company, which engages in the provision of commercial banking services through its subsidiary, mBank. The company is headquartered in Manistique, Michigan and currently employs 315 full-time employees. The company went IPO on 2000-02-29. The Company, through the Bank, is engaged in the general commercial banking business. The Bank provides a range of loan and deposit products. These banking services include customary retail and commercial banking services, including checking and savings accounts, time deposits, interest bearing transaction accounts, safe deposit facilities, real estate mortgage lending, commercial lending, commercial and governmental lease financing, and direct and indirect consumer financing. The funds for the Bank's operation are also provided by brokered deposits and through borrowings from the Federal Home Loan Bank (FHLB) system, proceeds from the sale of loans and mortgage-backed and other securities, funds from repayment of outstanding loans and earnings from operations. The Bank has over 13 branch offices located in the Upper Peninsula of Michigan and four branch offices located in Michigan's Lower Peninsula.

Company Info

IPO: 2000-02-29

Mackinac Financial

130 S Cedar St, PO Box 369

Manistique MICHIGAN 49854 US

CEO: Paul D. Tobias

Employees: 315

MFNC Company Website

Phone: 19063418401.0

Mackinac Financial / MFNC FAQ

Can you describe the business of Mackinac Financial?

Mackinac Financial Corp. is a bank holding company, which engages in the provision of commercial banking services through its subsidiary, mBank. The company is headquartered in Manistique, Michigan and currently employs 315 full-time employees. The company went IPO on 2000-02-29. The Company, through the Bank, is engaged in the general commercial banking business. The Bank provides a range of loan and deposit products. These banking services include customary retail and commercial banking services, including checking and savings accounts, time deposits, interest bearing transaction accounts, safe deposit facilities, real estate mortgage lending, commercial lending, commercial and governmental lease financing, and direct and indirect consumer financing. The funds for the Bank's operation are also provided by brokered deposits and through borrowings from the Federal Home Loan Bank (FHLB) system, proceeds from the sale of loans and mortgage-backed and other securities, funds from repayment of outstanding loans and earnings from operations. The Bank has over 13 branch offices located in the Upper Peninsula of Michigan and four branch offices located in Michigan's Lower Peninsula.


What is the current price of MFNC stock?

The current stock price of MFNC is 21.5 null. The price increased by 0.56% in the last trading session.


Does MFNC stock pay dividends?

Mackinac Financial (MFNC) has a dividend yield of 2.6%. The yearly dividend amount is currently 0.56.


What is the ChartMill technical and fundamental rating of MFNC stock?

MFNC has a ChartMill Technical rating of 10 out of 10 and a ChartMill Fundamental rating of 2 out of 10.


On which exchange is MFNC stock listed?

MFNC stock is listed on the Nasdaq exchange.


What is the analyst forecast for MFNC stock?

0 analysts have analysed MFNC and the average price target is 16.32 null. This implies a price decrease of -24.09% is expected in the next year compared to the current price of 21.5.


Can you provide the market cap for Mackinac Financial?

Mackinac Financial (MFNC) has a market capitalization of 226.82M null. This makes MFNC a Micro Cap stock.