Macatawa Bank Corporation Stock Price and Value Analysis

Should you buy Macatawa Bank Corporation stock? (NasdaqGS:MCBC). Let's see how it does in our automated value investing analysis system.

MCBC Free Cash Flow Trend

Free Cash Flow trendline for MCBC
Free Cash Flow trendline for Macatawa Bank Corporation

Based on historical returns, we believe that Macatawa Bank Corporation can grow its free cash at a rate of about 0%. That's positive!

AdvantagesDisadvantages
  • This company has a large dividend yield!
  • This stock is on sale.
  • This company is less known than others.
  • This company is making money at a modest rate.
  • This company has wild ups and downs.

Inside the MCBC Numbers

MCBC Price
(Macatawa Bank Corporation stock price per share)
$8.89
[?] MCBC Fair Price
(based on intrinsic value)
$9.38
[?] MCBC Safety Price (based on a variable margin of safety) $5.63
[?] PE Ratio versus Sector 23% lower than other Financial stocks
[?] PE Ratio versus Industry 16% higher than other Banks - Regional - US stocks
[?] Cash Yield 4.61%
[?] Free Cash Flow Jitter 87%
[?] Dividend Yield 4%
Shares Shorted 250,996

This stock has short interest! This means that people have shorted it.

Why does that matter? They've made a bet that price will decrease from where they bought it. Maybe there are financial problems, or maybe there's a value play.

As of the latest analysis, there are 250,996 shares shorted. With 26,412,454 shares available for purchase and an average trading volume over the past 10 trading days of 68,314, it would take at least 3.674 days for all of the short holders to cover their shorts.

Is Macatawa Bank Corporation Stock on Sale?

We believe that Macatawa Bank Corporation may be worth examining further. It's making money, which is a very positive sign. Is it on sale?

Macatawa Bank Corporation looks like a price in the fair value range. Based on our analysis—if the company keeps making money the way it has been—you could be looking at a good stock. See Before You Buy for your next steps.

Should You Buy MCBC Stock?

Does Macatawa Bank Corporation have a coherent story? Does it have a plan to continue to make money? Is it worth your time? Only you can decide where to go from here. Our investment guide helps you ask the right questions, including how to buy stocks. Use these research links for more information.