Firstmerit Corp (FMER)

FMER (NASDAQ:Banking)
$18.37
pos +0.45
+2.48%
Today's Range: 18.00 - 18.43 | FMER Avg Daily Volume: 1,267,400
Last Update: 10/31/14 - 3:51 PM EDT
Volume: 864,348
YTD Performance: -19.37%
Open: $18.17
Previous Close: $17.93
52 Week Range: $16.34 - $23.51
Oustanding Shares: 165,394,486
Market Cap: 2,970,484,969
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 3 4 4 2
Moderate Buy 0 0 0 0
Hold 7 5 5 7
Moderate Sell 0 0 0 0
Strong Sell 0 0 0 0
Mean Rec. 2.40 2.11 2.11 2.56
Latest Dividend: 0.16
Latest Dividend Yield: 3.56%
Dividend Ex-Date: 08/28/14
Price Earnings Ratio: 12.92
Price Earnings Comparisons:
FMER Sector Avg. S&P 500
12.92 13.00 26.77
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
-0.31% -21.38% 24.74%
GROWTH 12 Mo 3 Yr CAGR
Revenue 41.10 0.37 0.11
Net Income 37.00 0.78 0.21
EPS -4.00 0.16 0.05
Earnings for FMER:
EBITDA 0.32B
Revenue 1.04B
Average Earnings Estimates
Qtr (12/14) Qtr (03/15) FY (12/14) FY (12/15)
Average Estimate $0.36 $0.34 $1.40 $1.48
Number of Analysts 9 7 9 9
High Estimate $0.38 $0.35 $1.44 $1.55
Low Estimate $0.34 $0.33 $1.37 $1.40
Prior Year $0.36 $0.31 $1.47 $1.40
Growth Rate (Year over Year) 0.62% 10.14% -4.91% 5.64%
Chart Benchmark Timeframe
Average Frequency Indicator Chart
Scale Symbol Comparison Bollinger Bands

bearishFirstMerit downgraded at JP Morgan

Jul 23, 2014 | 8:12 AM EDT

FMER was downgraded to Neutral, JP Morgan said. Accretion headwinds are too strong to outweigh solid loan growth. 

bullishFirstMerit upgraded at FIG

Jan 30, 2014 | 8:16 AM EST

FMER was upgraded to Outperform, FIG Partners said. $24 price target. Company had a solid quarter and is consolidating branches. 

By

Tim Melvin

 | Dec 5, 2013 | 5:00 PM EST

The commercial arena is recovering, and these have heavy exposure

bullishFirstMerit upgraded at DA Davidson

Jul 24, 2013 | 7:58 AM EDT

FMER was upgraded from Neutral to Buy, DA Davidson said. $28 price target. Core results have been solid, given better core loan growth. 

bullishFirstMerit numbers raised at UBS

Jun 21, 2013 | 7:45 AM EDT

FMER earnings estimates were increased to reflect the earlier than expected closing of the CRBC acquisition, said UBS. Price target goes to $22.

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. 

 

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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TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

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