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

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

Meridian Bancorp declared a quarterly dividend on Monday, December 9th. Investors of record on Thursday, December 19th will be paid a dividend of $0.08 per share on Thursday, January 2nd. This represents a $0.32 annualized dividend and a yield of 1.77%. The ex-dividend date of this dividend is Wednesday, December 18th. This is an increase from Meridian Bancorp's previous quarterly dividend of $0.07. View Meridian Bancorp's Dividend History.

Meridian Bancorp Inc (NASDAQ:EBSB) released its earnings results on Tuesday, January, 28th. The savings and loans company reported $0.33 EPS for the quarter, meeting the Zacks' consensus estimate of $0.33. The savings and loans company earned $47.34 million during the quarter, compared to analyst estimates of $47.65 million. View Meridian Bancorp's Earnings History.

Meridian Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, April 28th 2020. View Earnings Estimates for Meridian Bancorp.

2 Wall Street analysts have issued twelve-month price objectives for Meridian Bancorp's shares. Their forecasts range from $20.00 to $22.00. On average, they anticipate Meridian Bancorp's stock price to reach $21.00 in the next twelve months. This suggests a possible upside of 16.2% from the stock's current price. View Analyst Price Targets for Meridian Bancorp.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meridian Bancorp in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Meridian Bancorp.

Headlines about EBSB stock have trended somewhat positive on Sunday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Meridian Bancorp earned a daily sentiment score of 2.0 on InfoTrie's scale. They also gave media headlines about the savings and loans company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Meridian Bancorp.

Meridian Bancorp saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 1,520,000 shares, an increase of 7.0% from the January 15th total of 1,420,000 shares. Based on an average trading volume of 166,500 shares, the short-interest ratio is currently 9.1 days. Currently, 3.2% of the shares of the stock are short sold. View Meridian Bancorp's Current Options Chain.

Some companies that are related to Meridian Bancorp include EverBank Financial (EVER), Oritani Financial (ORIT), At Home Group (HOME), Banc of California (BANC), BankFinancial (BFIN), Berkshire Hills Bancorp (BHLB), Brookline Bancorp (BRKL), Capitol Federal Financial (CFFN), Dime Community Bancshares (DCOM), ESSA Bancorp (ESSA), Federal Agricultural Mortgage (AGM), First Defiance Financial (FDEF), First Financial Northwest (FFNW), Flushing Financial (FFIC) and Hingham Institution for Savings (HIFS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Meridian Bancorp investors own include Ford Motor (F), Bank of Hawaii (BOH), InterDigital Wireless (IDCC), Verizon Communications (VZ), Stag Industrial (STAG), Advanced Micro Devices (AMD), Chipotle Mexican Grill (CMG), General Electric (GE), Macquarie Infrastructure (MIC) and Zoetis (ZTS).

Meridian Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (4.18%), State Street Corp (2.18%), GW&K Investment Management LLC (1.55%), Goldman Sachs Group Inc. (1.26%), Acadian Asset Management LLC (0.81%) and Bank of America Corp DE (0.63%). Company insiders that own Meridian Bancorp stock include Edward J Merritt, Frank Romano, Gregory F Natalucci and James G Sartori. View Institutional Ownership Trends for Meridian Bancorp.

EBSB stock was sold by a variety of institutional investors in the last quarter, including Monarch Partners Asset Management LLC, Cannell Peter B & Co. Inc., Bain Capital Public Equity Management II LLC, Hotchkis & Wiley Capital Management LLC, Hennessy Advisors Inc., Thrivent Financial for Lutherans, GW&K Investment Management LLC and New York State Common Retirement Fund. View Insider Buying and Selling for Meridian Bancorp.

EBSB stock was bought by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Renaissance Technologies LLC, First Trust Advisors LP, Oxford Asset Management LLP, California Public Employees Retirement System, Bank of Montreal Can, Russell Investments Group Ltd. and Acadian Asset Management LLC. Company insiders that have bought Meridian Bancorp stock in the last two years include Edward J Merritt and Frank Romano. 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, Robinhood, Fidelity and Charles Schwab.

One share of EBSB stock can currently be purchased for approximately $18.07.