First Merchants Corporation (FRME)

NASDAQ

$38.98

+$0.16 (0.40%)

Today

No price data available for this timeframe.

Key Statistics

Day Range

$38.64$39.22

Open $39.22

52 Week Range

$33.13$45.62

Previous Close $38.82

Market Cap2.25B

Volume190.39K

Avg Volume324.53K

P/E (TTM)9.60

EPS (TTM)$4.06

Dividend / Yield$1.43 (3.67%)

Dividend Streak13 years

Analyst Ratings & Targets

Price Target

Consensus Target

$46.00

Based on 1 analyst (last year)

High Target

$46.00

Low Target

$46.00

Potential upside of 18.02%

Based on consensus price target

Price Target Timeframes

Last Month

$0.00

0 analysts

Last Quarter

$46.00

1 analysts

Last Year

$46.00

1 analysts

All Time

$46.10

5 analysts

Analyst Consensus

Current Consensus

Buy

Based on 11 analyst ratings

Strong BuyBuyHoldSellStrong Sell

Stock Valuation Score

Rating:

B+

(Score: 3)

DCFDiscounted Cash Flow - Evaluates fair stock value based on expected future cash flows4/5

ROEReturn On Equity - Measures profitability relative to shareholders' equity3/5

ROAReturn On Assets - Shows how efficiently a company uses its assets to generate profits4/5

D/EDebt to Equity - Ratio comparing company's debt to its shareholders' equity2/5

P/EPrice to Earnings - Ratio of share price to company's earnings per share3/5

P/BPrice to Book - Ratio comparing market price to company's book value per share3/5

Recent Price Target Updates

Date	Analyst	Firm	Target	Price	Upside
Oct 27, 2025	Unknown	Piper Sandler	$46.00	$37.27	+23.42%
Oct 28, 2024	Nathan Race	Piper Sandler	$47.00	$37.17	+26.43%
Jul 29, 2024	Nathan Race	Piper Sandler	$50.00	$40.78	+22.61%
Jul 26, 2024	Terry McEvoy	Stephens	$45.00	$41.69

Recent Analyst Actions


Oct 27, 2025	Maintained	Piper Sandler	Overweight	Overweight
Sep 29, 2025	Maintained	Stephens & Co.	Equal Weight	Equal Weight
Sep 26, 2025	Downgrade	Raymond James	Outperform	Market Perform
Sep 26, 2025	Maintained	Keefe, Bruyette & Woods	Outperform	Outperform
Jul 28, 2025	Maintained	Piper Sandler	Overweight	Overweight

Showing 1 to 5 of 94 entries

Analyst Ratings & Targets

Price Target

Consensus Target

$46.00

Based on 1 analyst (last year)

High Target

$46.00

Low Target

$46.00

Potential upside of 18.02%

Based on consensus price target

Price Target Timeframes

Last Month

$0.00

0 analysts

Last Quarter

$46.00

1 analysts

Last Year

$46.00

1 analysts

All Time

$46.10

5 analysts

Analyst Consensus

Current Consensus

Buy

Based on 11 analyst ratings

Strong BuyBuyHoldSellStrong Sell

Stock Valuation Score

Rating:

B+

(Score: 3)

DCFDiscounted Cash Flow - Evaluates fair stock value based on expected future cash flows4/5

ROEReturn On Equity - Measures profitability relative to shareholders' equity3/5

ROAReturn On Assets - Shows how efficiently a company uses its assets to generate profits4/5

D/EDebt to Equity - Ratio comparing company's debt to its shareholders' equity2/5

P/EPrice to Earnings - Ratio of share price to company's earnings per share3/5

P/BPrice to Book - Ratio comparing market price to company's book value per share3/5

Recent Price Target Updates

Date	Analyst	Firm	Target	Price	Upside
Oct 27, 2025	Unknown	Piper Sandler	$46.00	$37.27	+23.42%
Oct 28, 2024	Nathan Race	Piper Sandler	$47.00	$37.17	+26.43%
Jul 29, 2024	Nathan Race	Piper Sandler	$50.00	$40.78	+22.61%
Jul 26, 2024	Terry McEvoy	Stephens	$45.00	$41.69

Recent Analyst Actions


Oct 27, 2025	Maintained	Piper Sandler	Overweight	Overweight
Sep 29, 2025	Maintained	Stephens & Co.	Equal Weight	Equal Weight
Sep 26, 2025	Downgrade	Raymond James	Outperform	Market Perform
Sep 26, 2025	Maintained	Keefe, Bruyette & Woods	Outperform	Outperform
Jul 28, 2025	Maintained	Piper Sandler	Overweight	Overweight

Showing 1 to 5 of 94 entries