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MetroCity Bankshares

MCBSNASDAQ
$30.78
0.290.95%
At Close: -
$30.78
00.00%
After Hours: 4:08 PM EDT
15 minutes delayed
The dividend Ex-Date is in 6 days
Q2 2024 Earnings were released on Fri Jul 19th, during market hours
Consensus Rating1
Market Perform
Highest Price Target1
$32.00
Lowest Price Target1
$32.00
Consensus Price Target1
$32.00

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MetroCity Bankshares (NASDAQ:MCBS) Stock, Analyst Ratings, Price Targets, Forecasts

MetroCity Bankshares Inc has a consensus price target of $32 based on the ratings of 1 analysts. The high is $32 issued by Keefe, Bruyette & Woods on July 23, 2024. The low is $32 issued by Keefe, Bruyette & Woods on July 23, 2024. The 3 most-recent analyst ratings were released by Keefe, Bruyette & Woods on July 23, 2024, April 23, 2024, and July 26, 2023, respectively. With an average price target of $27.67 between Keefe, Bruyette & Woods, there's an implied -10.11% downside for MetroCity Bankshares Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Apr
1
Jul
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Keefe, Bruyette & Woods

1calculated from analyst ratings

Analyst Ratings for MetroCity Bankshares

Buy NowGet Alert
07/23/2024Buy Now3.96%Keefe, Bruyette & Woods
Kelly Motta
$28 → $32ReiteratesMarket Perform → Market PerformGet Alert
04/23/2024Buy Now-9.03%Keefe, Bruyette & Woods
Kelly Motta
$27 → $28MaintainsMarket PerformGet Alert
07/26/2023Buy Now-25.28%Keefe, Bruyette & Woods
Kelly Motta
$19 → $23MaintainsMarket PerformGet Alert
04/06/2023Buy Now-38.27%Keefe, Bruyette & Woods
Kelly Motta
$22 → $19MaintainsMarket PerformGet Alert

FAQ

Q

What is the target price for MetroCity Bankshares (MCBS) stock?

A

The latest price target for MetroCity Bankshares (NASDAQ:MCBS) was reported by Keefe, Bruyette & Woods on July 23, 2024. The analyst firm set a price target for $32.00 expecting MCBS to rise to within 12 months (a possible 3.96% upside). 2 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for MetroCity Bankshares (MCBS)?

A

The latest analyst rating for MetroCity Bankshares (NASDAQ:MCBS) was provided by Keefe, Bruyette & Woods, and MetroCity Bankshares reiterated their market perform rating.

Q

When was the last upgrade for MetroCity Bankshares (MCBS)?

A

There is no last upgrade for MetroCity Bankshares

Q

When was the last downgrade for MetroCity Bankshares (MCBS)?

A

There is no last downgrade for MetroCity Bankshares.

Q

When is the next analyst rating going to be posted or updated for MetroCity Bankshares (MCBS)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of MetroCity Bankshares, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for MetroCity Bankshares was filed on July 23, 2024 so you should expect the next rating to be made available sometime around July 23, 2025.

Q

Is the Analyst Rating MetroCity Bankshares (MCBS) correct?

A

While ratings are subjective and will change, the latest MetroCity Bankshares (MCBS) rating was a reiterated with a price target of $28.00 to $32.00. The current price MetroCity Bankshares (MCBS) is trading at is $30.78, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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