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.

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

Inside the MCBC Numbers

MCBC Price
(Macatawa Bank Corporation stock price per share)
[?] MCBC Fair Price
(based on intrinsic value)
[?] MCBC Safety Price (based on a variable margin of safety) $5.63
[?] PE Ratio versus Sector 24% lower than other Financial stocks
[?] PE Ratio versus Industry 16% higher than other Banks - Regional - US stocks
[?] Cash Yield 4.42%
[?] Free Cash Flow Jitter 76%
[?] Dividend Yield 3%
Shares Shorted 402,231

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 402,231 shares shorted. With 26,418,767 shares available for purchase and an average trading volume over the past 10 trading days of 35,140, it would take at least 11.447 days for all of the short holders to cover their shorts.

What does this mean to you? At this volume, it'll take more than two trading weeks for shorts to cover. This may indicate a short squeeze play would work! If this stock has good fundamentals and it'll take a while for the short holders to cover, buying now could net you bigger short-term technical gains if and as the price rises.

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.