NASDAQ:EBSB - Meridian Bancorp Stock Price, News, & Analysis

Meridian Bancorp trades on the NASDAQ under the ticker symbol "EBSB."

Meridian Bancorp announced a quarterly dividend on Friday, June 1st. Shareholders of record on Tuesday, June 19th will be paid a dividend of $0.05 per share on Tuesday, July 3rd. This represents a $0.20 annualized dividend and a yield of 1.10%. The ex-dividend date is Monday, June 18th. View Meridian Bancorp's Dividend History.

Meridian Bancorp Inc (NASDAQ:EBSB) announced its quarterly earnings results on Thursday, July, 26th. The savings and loans company reported $0.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.26 by $0.01. The savings and loans company had revenue of $43.91 million for the quarter, compared to the consensus estimate of $43.80 million. Meridian Bancorp had a return on equity of 8.56% and a net margin of 21.43%. View Meridian Bancorp's Earnings History.

Meridian Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, October, 23rd 2018. View Earnings Estimates for Meridian Bancorp.

1 Wall Street analysts have issued twelve-month target prices for Meridian Bancorp's shares. Their forecasts range from $24.00 to $24.00. On average, they expect Meridian Bancorp's share price to reach $24.00 in the next twelve months. This suggests a possible upside of 31.9% from the stock's current price. View Analyst Price Targets for Meridian Bancorp.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meridian Bancorp in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Meridian Bancorp.

Some companies that are related to Meridian Bancorp include Valley National Bancorp (VLY), UMB Financial (UMBF), Community Bank System (CBU), Fulton Financial (FULT), First Financial Bancorp (FFBC), Old National Bancorp (ONB), Washington Federal (WAFD), Simmons First National (SFNC), First Midwest Bancorp (FMBI), Centerstate Bank (CSFL), FCB Financial (FCB), Trustmark (TRMK), First Merchants (FRME), Cadence Bancorp (CADE) and WesBanco (WSBC).

News stories about EBSB stock have been trending somewhat positive on Monday, according to Accern Sentiment Analysis. Accern ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Meridian Bancorp earned a media and rumor sentiment score of 0.20 on Accern's scale. They also gave news articles about the savings and loans company an impact score of 48.11 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future. View Recent Headlines for Meridian Bancorp.

Meridian Bancorp's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.82%), FMR LLC (6.08%), Dimensional Fund Advisors LP (4.96%), Renaissance Technologies LLC (3.99%), Impax Asset Management LLC (1.82%) and Russell Investments Group Ltd. (1.64%). Company insiders that own Meridian Bancorp stock include Anna R Dimaria, Edward J Merritt, Frank Romano, Gregory F Natalucci, James G Sartori, Marilyn A Censullo, Richard F Fernandez and Thomas J Gunning. View Institutional Ownership Trends for Meridian Bancorp.

EBSB stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Russell Investments Group Ltd., Boston Partners, Cortina Asset Management LLC, Impax Asset Management LLC, GSA Capital Partners LLP, ClariVest Asset Management LLC and Bank of America Corp DE. Company insiders that have sold Meridian Bancorp company stock in the last year include Anna R Dimaria, Gregory F Natalucci, James G Sartori, Marilyn A Censullo and Richard F Fernandez. View Insider Buying and Selling for Meridian Bancorp.

EBSB stock was purchased by a variety of institutional investors in the last quarter, including Monarch Partners Asset Management LLC, BlackRock Inc., Dimensional Fund Advisors LP, Millennium Management LLC, Renaissance Technologies LLC, Citadel Advisors LLC, Segall Bryant & Hamill LLC and First Trust Advisors LP. Company insiders that have bought Meridian Bancorp stock in the last two years include Edward J Merritt, Frank Romano and Thomas J Gunning. View Insider Buying and Selling for Meridian Bancorp.

Shares of EBSB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of EBSB stock can currently be purchased for approximately $18.20.

Meridian Bancorp has a market capitalization of $992.30 million and generates $208.17 million in revenue each year. The savings and loans company earns $42.94 million in net income (profit) each year or $0.95 on an earnings per share basis. Meridian Bancorp employs 538 workers across the globe.

Meridian Bancorp's mailing address is 67 Prospect Street, Peabody MA, 01960. The savings and loans company can be reached via phone at 617-567-1500 or via email at [email protected]