EPS for Mackinac Financial Corporation (MFNC) Expected At $0.30 as of February, 14

During 2018 Q3 the big money sentiment decreased to 1.6. That’s change of 5.40, from 2018Q2’s 7. 3 investors sold all, 7 reduced holdings as Mackinac Financial Corporation ratio fall. 13 grew positions while 3 funds acquired positions. Funds hold 4.48 million shares thus 49.35% less from 2018Q2’s 8.84 million shares.
The New York-based Mendon Advsrs Corp has invested 0.03% in Mackinac Financial Corporation (NASDAQ:MFNC). Vanguard Gp holds 385,028 shs. Moreover, Gendell Jeffrey L has 0.36% invested in Mackinac Financial Corporation (NASDAQ:MFNC). Tower Research Cap Ltd Liability Com (Trc) holds 3,815 shs. Renaissance Technologies Lc holds 48,700 shs. Bridgeway Mgmt has 29,200 shs. Clover Prtnrs L P, a Texas-based fund reported 129,014 shs. Acadian Asset Mgmt Lc, a Massachusetts-based fund reported 778 shs. Blackrock Incorporated holds 20,525 shs or 0% of its capital. Geode Capital Lc owns 19,994 shs. Ejf Ltd has invested 0.59% in Mackinac Financial Corporation (NASDAQ:MFNC). Manufacturers Life Company The invested in 436,956 shs or 0.01% of the stock. Clarkston Ptnrs Ltd Liability Corp owns 202,817 shs or 0.12% of their US capital. Minerva Advsr Lc reported 30,394 shs or 0.26% of all its holdings. Fj Management Ltd Liability Corp holds 0.87% of its capital in Mackinac Financial Corporation (NASDAQ:MFNC) for 485,900 shs.

Mackinac Financial Corporation registered $35,421 net activity with 0 insider purchases and 2 sales since September 7, 2018.

Mackinac Financial Corporation (NASDAQ:MFNC) is anticipated to report earnings on February, 14., Zacks reports. Analysts have expectation on stock’s earnings per share of $0.30. That’s down 9.09 % from last year’s $0.33 earnings per share. If the current earnings per share of $0.30 is accurate, MFNC’s profit could hit $3.21 million. -3.23 % negative EPS growth is what Wall Street’s sees after $0.31 reported EPS last quarter. Ticker’s shares touched $14.11 during the last trading session after 0.07% change.Mackinac Financial Corporation has 13,232 shares volume, 68.60% up from normal. MFNC is downtrending and has moved 16.56% since January 11, 2018. MFNC underperformed the S&P 500 by 16.56%.

Mackinac Financial Corporation operates as the holding firm for mBank that provides commercial and retail banking services and products in the United States.The company has $151.16 million market cap. It offers interest bearing and non-interest bearing deposit products, including commercial and retail checking accounts, negotiable order of withdrawal accounts, money market accounts, individual retirement accounts, regular interest-bearing statement savings accounts, time deposits, and certificates of deposit.The P/E ratio is 22.08. The firm also provides consumer loan products, such as installment, mortgages, and home equity loans, as well as residential mortgage loans, commercial and governmental lease financing, and direct and indirect consumer financing.

For more Mackinac Financial Corporation (NASDAQ:MFNC) news released briefly go to: Globenewswire.com, Globenewswire.com, Globenewswire.com, Streetinsider.com or Nasdaq.com. The titles are as follows: “First Federal of Northern Michigan Bancorp, Inc. to merge with Mackinac Financial Corporation – GlobeNewswire” released on January 16, 2018, “Mackinac Financial Corporation Announces Pricing of Common Stock Offering – GlobeNewswire” on June 13, 2018, “Mackinac Financial Corporation Completes the Acquisition of First Federal of Northern Michigan – GlobeNewswire” with a publish date: May 18, 2018, “Form 8-K MACKINAC FINANCIAL CORP For: Dec 18 – StreetInsider.com” and the last “Mackinac Financial Corporation (MFNC) Ex-Dividend Date Scheduled for December 27, 2018 – Nasdaq” with publication date: December 26, 2018.

Mackinac Financial Corporation (NASDAQ:MFNC) Institutional Investors Chart

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