Firstmerit Corp (FMER)

FMER (NASDAQ:Banking)
$17.26
neg -0.06
-0.35%
Today's Range: 17.23 - 17.44 | FMER Avg Daily Volume: 1,241,100
Last Update: 10/24/14 - 12:21 PM EDT
Volume: 233,358
YTD Performance: -22.11%
Open: $17.36
Previous Close: $17.32
52 Week Range: $16.34 - $23.51
Oustanding Shares: 165,394,486
Market Cap: 2,829,899,655
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 1
Hold 7 5 5 7
Moderate Sell 0 0 0 0
Strong Sell 0 0 0 1
Mean Rec. 2.40 2.11 2.11 2.73
Latest Dividend: 0.16
Latest Dividend Yield: 3.74%
Dividend Ex-Date: 08/28/14
Price Earnings Ratio: 13.91
Price Earnings Comparisons:
FMER Sector Avg. S&P 500
13.91 13.80 27.71
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
-4.55% -25.43% 32.18%
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 (09/14) Qtr (12/14) FY (12/14) FY (12/15)
Average Estimate $0.37 $0.37 $1.40 $1.49
Number of Analysts 9 9 9 9
High Estimate $0.38 $0.38 $1.46 $1.55
Low Estimate $0.36 $0.35 $1.37 $1.40
Prior Year $0.37 $0.36 $1.47 $1.40
Growth Rate (Year over Year) 0.30% 1.85% -4.69% 6.26%
Chart Benchmark Timeframe
Average Frequency Indicator Chart
Scale Symbol Comparison Bollinger Bands
Bearish
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. 
Bullish
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.  ...
The commercial arena is recovering, and these have heavy exposure
Bullish
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....
Bullish
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 goe...
Update
Jun 14, 2013 | 8:40 AM EDT
FMER was initiated with a Neutral rating, DA Davidson said. $21 price target. Potential to improve profitability. 
Bullish
Jan 09, 2013 | 8:11 AM EST
Shares of FMER upgraded to Outperform from Perform, Oppenheimer said. $18 price target. Low valuation and solid growth outlook.
Bullish
Nov 08, 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 Real Money Pro($)

And I must remove a name from the list of highfliers.
Bearish
Jun 06, 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...

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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.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.