Log in

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

$18.07
-0.23 (-1.26 %)
(As of 02/16/2020 04:00 PM ET)
Add
Today's Range
$18.06
Now: $18.07
$18.32
50-Day Range
$17.85
MA: $19.07
$20.24
52-Week Range
$14.62
Now: $18.07
$20.86
Volume121,963 shs
Average VolumeN/A
Market CapitalizationN/A
P/E Ratio14.01
Dividend YieldN/A
BetaN/A
Meridian Bancorp, Inc operates as the holding company for East Boston Savings Bank that provides various financial products and services for individuals and businesses primarily in Suffolk, Norfolk, Middlesex and Essex Counties, Massachusetts. The company accepts various deposit products, including non-interest-bearing demand deposits, such as checking accounts; interest-bearing demand accounts comprising NOW and money market accounts; savings accounts; and certificates of deposits, as well as commercial checking accounts. Read More…

Industry, Sector and Symbol

Industry N/A
Sub-IndustryThrifts & Mortgage Finance
SectorN/A
Current SymbolNASDAQ:EBSB
CUSIP58964Q10
WebN/A
PhoneN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Employees462
Next Earnings Date4/28/2020 (Estimated)
OptionableOptionable

Receive EBSB News and Ratings via Email

Sign-up to receive the latest news and ratings for EBSB and its competitors with MarketBeat's FREE daily newsletter.


Meridian Bancorp (NASDAQ:EBSB) Frequently Asked Questions

What is Meridian Bancorp's stock symbol?

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

How often does Meridian Bancorp pay dividends? What is the dividend yield for Meridian Bancorp?

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.

How were Meridian Bancorp's earnings last quarter?

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.

When is Meridian Bancorp's next earnings date?

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

What price target have analysts set for EBSB?

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.

What is the consensus analysts' recommendation 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.

Has Meridian Bancorp been receiving favorable news coverage?

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.

Are investors shorting 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.

Who are some of Meridian Bancorp's key competitors?

What other stocks do shareholders of Meridian Bancorp own?

Who are Meridian Bancorp's key executives?

Meridian Bancorp's management team includes the folowing people:
  • Mr. Richard J. Gavegnano, Chairman, Pres & CEO (Age 71)
  • Mark L. Abbate, Exec. VP, Treasurer & CFO (Age 63)
  • Mr. Frank P. Romano, Exec. VP of Corp. Banking - East Boston Savings Bank (Age 64)
  • Mr. Edward J. Merritt, Sec. & Director (Age 59)
  • Mr. John Migliozzi, Exec. VP of Lending - East Boston Savings Bank (Age 61)

Who are Meridian Bancorp's major shareholders?

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.

Which institutional investors are selling Meridian Bancorp stock?

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.

Which institutional investors are buying Meridian Bancorp stock?

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.

How do I buy shares of 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.

What is Meridian Bancorp's stock price today?

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


MarketBeat Community Rating for Meridian Bancorp (NASDAQ EBSB)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  229 (Vote Outperform)
Underperform Votes:  272 (Vote Underperform)
Total Votes:  501
MarketBeat's community ratings are surveys of what our community members think about Meridian Bancorp and other stocks. Vote "Outperform" if you believe EBSB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EBSB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/16/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel