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

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

Meridian Bancorp declared a quarterly dividend on Friday, March 1st. Stockholders of record on Tuesday, March 19th will be given a dividend of $0.07 per share on Tuesday, April 2nd. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.65%. The ex-dividend date of this dividend is Monday, March 18th. View Meridian Bancorp's Dividend History.

Meridian Bancorp Inc (NASDAQ:EBSB) issued its quarterly earnings data on Tuesday, April, 23rd. The savings and loans company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.28 by $0.01. The savings and loans company earned $46.43 million during the quarter, compared to the consensus estimate of $46 million. Meridian Bancorp had a return on equity of 8.70% and a net margin of 23.48%. View Meridian Bancorp's Earnings History.

Meridian Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, July 23rd 2019. View Earnings Estimates for Meridian Bancorp.

1 brokers have issued 12 month target prices for Meridian Bancorp's stock. Their forecasts range from $15.00 to $15.00. On average, they anticipate Meridian Bancorp's stock price to reach $15.00 in the next year. This suggests that the stock has a possible downside of 11.7%. 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.

News headlines about EBSB stock have been trending somewhat positive on Saturday, according to InfoTrie. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Meridian Bancorp earned a coverage optimism score of 1.0 on InfoTrie's scale. They also gave media stories about the savings and loans company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Meridian Bancorp investors own include Ford Motor (F), Bank Of The Ozarks (OZRK), General Electric (GE), Hudson Technologies (HDSN), Aegean Marine Petroleum Network (ANW), Chipotle Mexican Grill (CMG), CARBO Ceramics (CRR), Express (EXPR), Charles Schwab (SCHW) and Applied Materials (AMAT).

Meridian Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.23%), Dimensional Fund Advisors LP (5.70%), Renaissance Technologies LLC (3.84%), JPMorgan Chase & Co. (1.89%), Monarch Partners Asset Management LLC (1.74%) and Northern Trust Corp (1.24%). 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 BlackRock Inc., FMR LLC, Monarch Partners Asset Management LLC, JPMorgan Chase & Co., Morgan Stanley, Los Angeles Capital Management & Equity Research Inc., Oxford Asset Management LLP and THB Asset Management. Company insiders that have sold Meridian Bancorp company stock in the last year include Edward J Merritt, Gregory F Natalucci and James G Sartori. View Insider Buying and Selling for Meridian Bancorp.

EBSB stock was purchased by a variety of institutional investors in the last quarter, including Castine Capital Management LLC, Martingale Asset Management L P, Hotchkis & Wiley Capital Management LLC, Hotchkis & Wiley Capital Management LLC, Acadian Asset Management LLC, Bain Capital Public Equity Management LLC, Dimensional Fund Advisors LP and Context BH Capital Management 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 $16.99.

Meridian Bancorp has a market capitalization of $909.68 million and generates $236.68 million in revenue each year. The savings and loans company earns $55.77 million in net income (profit) each year or $1.06 on an earnings per share basis. Meridian Bancorp employs 462 workers across the globe.

The official website for Meridian Bancorp is http://www.ebsb.com/.

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]