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 Wednesday, November 28th. Investors of record on Tuesday, December 18th will be given a dividend of $0.07 per share on Wednesday, January 2nd. This represents a $0.28 dividend on an annualized basis and a yield of 1.69%. The ex-dividend date of this dividend is Monday, December 17th. This is an increase from Meridian Bancorp's previous quarterly dividend of $0.05. View Meridian Bancorp's Dividend History.

Meridian Bancorp Inc (NASDAQ:EBSB) issued its earnings results on Tuesday, January, 22nd. The savings and loans company reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.29 by $0.05. The savings and loans company had revenue of $42.31 million for the quarter, compared to the consensus estimate of $45.20 million. Meridian Bancorp had a return on equity of 8.37% and a net margin of 23.56%. View Meridian Bancorp's Earnings History.

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

1 analysts have issued 1 year price objectives for Meridian Bancorp's shares. Their forecasts range from $15.00 to $15.00. On average, they expect Meridian Bancorp's stock price to reach $15.00 in the next year. This suggests that the stock has a possible downside of 9.3%. 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 stories about EBSB stock have been trending positive recently, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Meridian Bancorp earned a daily sentiment score of 2.3 on InfoTrie's scale. They also gave news stories about the savings and loans company a news buzz of 8.0 out of 10, meaning that recent media coverage is very likely to have an effect on the stock's share price in the next few days.

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

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

Meridian Bancorp's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.50%), Dimensional Fund Advisors LP (5.46%), Impax Asset Management Group plc (2.46%), Monarch Partners Asset Management LLC (1.93%), GW&K Investment Management LLC (1.44%) and Northern Trust Corp (1.25%). 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 Monarch Partners Asset Management LLC, Millennium Management LLC, Thrivent Financial for Lutherans, First Trust Advisors LP, GW&K Investment Management LLC, Hennessy Advisors Inc., GSA Capital Partners LLP and Two Sigma Investments LP. 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 acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Dimensional Fund Advisors LP, Thomson Horstmann & Bryant Inc., Banc Funds Co. LLC, Impax Asset Management Group plc, Bank of America Corp DE, Acadian Asset Management LLC and Geode Capital Management 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 $16.54.

Meridian Bancorp has a market capitalization of $895.76 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 538 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]