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, May 31st. Investors of record on Tuesday, June 18th will be paid a dividend of $0.07 per share on Tuesday, July 2nd. This represents a $0.28 annualized dividend and a yield of 1.57%. The ex-dividend date of this dividend is Monday, June 17th. View Meridian Bancorp's Dividend History.

Meridian Bancorp Inc (NASDAQ:EBSB) issued its quarterly earnings results on Tuesday, April, 23rd. The savings and loans company reported $0.29 earnings per share for the quarter, topping analysts' consensus estimates of $0.28 by $0.01. The savings and loans company had revenue of $46.43 million for the quarter, compared to analysts' expectations 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 Wall Street analysts 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 share price to reach $15.00 in the next twelve months. This suggests that the stock has a possible downside of 15.8%. 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 recently, according to InfoTrie. InfoTrie identifies negative and positive media 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 closest to five being the most favorable. Meridian Bancorp earned a coverage optimism score of 1.2 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 media coverage is extremely likely to have an impact on the stock's share price in the next few days. View News Stories for Meridian Bancorp.

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

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 number of of institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (1.89%), Monarch Partners Asset Management LLC (1.74%), THB Asset Management (0.86%), Hennessy Advisors Inc. (0.74%), Castine Capital Management LLC (0.62%) and Martingale Asset Management L P (0.43%). 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, Monarch Partners Asset Management LLC, JPMorgan Chase & Co., Los Angeles Capital Management & Equity Research Inc., THB Asset Management, ClariVest Asset Management LLC, TD Asset Management Inc. and American International Group Inc.. 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 bought by a variety of institutional investors in the last quarter, including Castine Capital Management LLC, Martingale Asset Management L P, Acadian Asset Management LLC, Context BH Capital Management LP, White Pine Capital LLC, Hennessy Advisors Inc., Eukles Asset Management and SG Americas Securities LLC. 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 $17.82.

Meridian Bancorp has a market capitalization of $954.08 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.View Additional Information About Meridian Bancorp.

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]