Firstmerit Corp (FMER)

FMER (NASDAQ:Banking)
$19.14
pos +0.37
+1.97%
Today's Range: 18.96 - 19.28 | FMER Avg Daily Volume: 1,436,000
Last Update: 06/17/13 - 4:00 PM EDT
Volume: 1,051,806
YTD Performance: 32.28%
Open: $19.11
Previous Close: $18.77
52 Week Range: $12.95 - $19.17
Oustanding Shares: 165,738,117
Market Cap: 3,110,904,456
6-Month Chart
TheStreet Ratings Grade for FMER
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 5 4 4 4
Moderate Buy 0 0 0 1
Hold 8 7 7 7
Moderate Sell 0 0 0 0
Strong Sell 1 1 1 1
Mean Rec. 2.43 2.50 2.50 2.46
Latest Dividend: 0.16
Latest Dividend Yield: 3.41%
Dividend Ex-Date: 05/23/13
Price Earnings Ratio: 14.78
Price Earnings Comparisons:
FMER Sector Avg. S&P 500
14.78 14.80 17.70
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
17.68% 25.76% 5.57%
GROWTH 12 Mo 3 Yr CAGR
Revenue -3.80 0.10 0.03
Net Income 12.20 0.63 0.18
EPS 10.90 0.36 0.11
Earnings for FMER:
EBITDA 0.23B
Revenue 0.73B
Average Earnings Estimates
Qtr (06/13) Qtr (09/13) FY (12/13) FY (12/14)
Average Estimate $0.30 $0.34 $1.31 $1.44
Number of Analysts 12 12 12 12
High Estimate $0.36 $0.38 $1.41 $1.63
Low Estimate $0.22 $0.30 $1.14 $1.31
Prior Year $0.28 $0.32 $1.22 $1.31
Growth Rate (Year over Year) 6.85% 5.21% 7.04% 10.34%
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updateFirstMerit rated new Neutral at DA Davidson

Jun 14, 2013 | 8:40 AM EDT

FMER was initiated with a Neutral rating, DA Davidson said. $21 price target. Potential to improve profitability. 

bullishFirstMerit Corp upgraded at Oppenheimer

Jan 9, 2013 | 8:11 AM EST

Shares of FMER upgraded to Outperform from Perform, Oppenheimer said. $18 price target. Low valuation and solid growth outlook.

bullishFirstMerit upgraded at Baird

Nov 8, 2012 | 6:57 AM EST

FMER was upgraded from Underperform to Neutral, Robert Baird said. Valuation call, based on a $13 price target. 

 

Signing Off

By

Timothy Collins

 | Sep 26, 2012 | 4:33 PM EDT
And I must remove a name from the list of highfliers.

bearishFirst Merit downgraded at Baird

Jun 6, 2012 | 7:08 AM EDT

FMER was downgraded from Neutral to Underperform, Robert Baird said. $13 price target. Company is leveraged to lower interest rates and a potential U.S. recession.

 

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