Meridian Stock Price, News & Analysis (NASDAQ:MRBK) $13.10 0.00 (0.00%) (As of 01:54 PM ET) Add Compare Share Share Today's Range$12.97▼$13.1350-Day Range$9.11▼$13.4952-Week Range$7.80▼$16.99Volume5,169 shsAverage Volume20,981 shsMarket Capitalization$146.46 millionP/E Ratio8.82Dividend Yield3.82%Price Target$15.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Meridian MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside14.5% Upside$15.00 Price TargetShort InterestHealthy0.16% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.74Based on 3 Articles This WeekInsider TradingAcquiring Shares$16,599 Bought Last QuarterProj. Earnings Growth4.17%From $1.44 to $1.50 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.45 out of 5 starsFinance Sector242nd out of 830 stocksNational Commercial Banks Industry29th out of 81 stocks 2.0 Analyst's Opinion Consensus RatingMeridian has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $15.00, Meridian has a forecasted upside of 14.5% from its current price of $13.10.Amount of Analyst CoverageMeridian has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.16% of the outstanding shares of Meridian have been sold short.Short Interest Ratio / Days to CoverMeridian has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Meridian has recently increased by 45.60%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipMeridian is a leading dividend payer. It pays a dividend yield of 3.82%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthMeridian has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Meridian is 33.67%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Meridian will have a dividend payout ratio of 33.33% next year. This indicates that Meridian will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MRBK. Previous Next 2.6 News and Social Media Coverage News SentimentMeridian has a news sentiment score of 0.74. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Meridian this week, compared to 1 article on an average week.MarketBeat Follows1 people have added Meridian to their MarketBeat watchlist in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Meridian insiders have bought more of their company's stock than they have sold. Specifically, they have bought $16,599.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders14.02% of the stock of Meridian is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions45.86% of the stock of Meridian is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Meridian are expected to grow by 4.17% in the coming year, from $1.44 to $1.50 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Meridian is 8.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 109.02.Price to Earnings Ratio vs. SectorThe P/E ratio of Meridian is 8.82, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 44.74.Price to Book Value per Share RatioMeridian has a P/B Ratio of 1.96. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Meridian Stock (NASDAQ:MRBK)Meridian Corporation operates as the holding company for Meridian Bank that provides commercial banking products and services in Pennsylvania, New Jersey, Delaware, Florida, and Maryland. The company offers various deposit products, such as demand non-interest bearing, demand interest bearing, savings accounts, money market accounts, and time deposits. It also provides commercial and industrial loans comprising business lines of credit, term loans, small business lending, lease financing, shared national credits, and other financing; commercial real estate, and land development and construction loans for residential and commercial projects; and consumer and home equity lending, private banking, merchant, and title and land settlement services. In addition, the company operates and originates mortgage loans for 1 4 family dwellings; and offers real estate holding, investment advisory, and equipment leasing services, as well as financial planning and wealth management services. The company was incorporated in 2004 and is headquartered in Malvern, Pennsylvania.Read More MRBK Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MRBK Stock News HeadlinesDecember 2, 2023 | finance.yahoo.comMeridian Corporation (NASDAQ:MRBK) most popular amongst individual investors who own 30% of the shares, institutions hold 29%November 18, 2023 | morningstar.comMeridian Corp Ordinary Shares MRBKDecember 4, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.October 27, 2023 | finance.yahoo.comMeridian Bank (MRBK) Lags Q3 Earnings and Revenue EstimatesOctober 27, 2023 | finance.yahoo.comMeridian Corporation Reports Third Quarter 2023 Results and Announces a Quarterly Dividend of $0.125 per Common ShareOctober 25, 2023 | health.usnews.comAnderson Regional Medical CenterOctober 23, 2023 | finance.yahoo.comAnalysts Estimate Meridian Bank (MRBK) to Report a Decline in Earnings: What to Look Out forOctober 12, 2023 | finance.yahoo.comMeridian Bank Announces Retirement of Chief Credit Officer Joe CafarchioDecember 4, 2023 | Financial Alphas (Ad)Recent Reports Are A Wake-Up Call For InvestorsAs the demand for lithium, an essential element to the energy revolution, increases globally, researchers are projecting a supply deficit as early as 2025. This has sparked a worldwide "gold rush" to find and develop new sources of this critical metal. Savvy investors are paying attention as mining companies race to meet this critical deadline.October 10, 2023 | finance.yahoo.comShareholders in Meridian (NASDAQ:MRBK) are in the red if they invested a year agoSeptember 13, 2023 | finance.yahoo.comSeveral Insiders Invested In Meridian Flagging Positive NewsAugust 16, 2023 | msn.comMeridian Corporation: Mortgage Banking Business Will Drag The Bottom Line (Rating Downgrade)July 28, 2023 | finance.yahoo.comMeridian Corporation Reports Second Quarter 2023 Results and Announces a Quarterly Dividend of $0.125 per Common Share.July 28, 2023 | finance.yahoo.comMeridian Bank (MRBK) Surpasses Q2 Earnings and Revenue EstimatesJuly 25, 2023 | health.usnews.comMeridian Sub-Acute RehabilitationJuly 19, 2023 | health.usnews.comPalisades Medical Center at Hackensack Meridian HealthJuly 19, 2023 | health.usnews.comBayshore Medical Center at Hackensack Meridian HealthJuly 8, 2023 | health.usnews.comSouthern Ocean Medical Center at Hackensack Meridian HealthMay 30, 2023 | finance.yahoo.comOwning 37% shares,institutional owners seem interested in Meridian Corporation (NASDAQ:MRBK),May 25, 2023 | finance.yahoo.comMRBK - Meridian CorporationMay 5, 2023 | msn.comKeefe, Bruyette & Woods Maintains Meridian (MRBK) Market Perform RecommendationMay 4, 2023 | msn.comMeridian (MRBK) Declares $0.12 DividendMay 2, 2023 | finance.yahoo.comMeridian Bank (MRBK) Lags Q1 Earnings and Revenue EstimatesMay 2, 2023 | finance.yahoo.comMeridian Corporation Reports First Quarter 2023 Results and Announces a Quarterly Dividend of $0.125 per Common ShareApril 7, 2023 | msn.comKeefe, Bruyette & Woods Maintains Meridian Bank (MRBK) Market Perform RecommendationMarch 31, 2023 | health.usnews.comLegacy Meridian Park Medical CenterMarch 28, 2023 | bizjournals.comSmall Deposits: Main Line bank completes stock split; longtime Day & Zimmermann CFO retiresSee More Headlines Receive MRBK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Meridian and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings10/27/2023Ex-Dividend for 11/20 Dividend11/10/2023Dividend Payable11/20/2023Today12/04/2023Fiscal Year End12/31/2023Next Earnings (Estimated)1/29/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry National commercial banks Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:MRBK CUSIPN/A CIK1750735 Webwww.meridianbanker.com Phone(484) 568-5000FaxN/AEmployees366Year FoundedN/APrice Target and Rating Average Stock Price Target$15.00 High Stock Price Target$15.00 Low Stock Price Target$15.00 Potential Upside/Downside+14.2%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.4850 Trailing P/E Ratio8.84 Forward P/E Ratio9.12 P/E GrowthN/ANet Income$21.83 million Net Margins10.78% Pretax Margin13.74% Return on Equity11.20% Return on Assets0.79% Debt Debt-to-Equity Ratio0.32 Current Ratio0.98 Quick Ratio0.97 Sales & Book Value Annual Sales$130.45 million Price / Sales1.13 Cash Flow$1.06 per share Price / Cash Flow12.40 Book Value$6.68 per share Price / Book1.97Miscellaneous Outstanding Shares11,180,000Free Float9,611,000Market Cap$146.79 million OptionableNot Optionable Beta0.66 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Christopher J. Annas (Age 67)Founder, Chairman, President & CEO Comp: $1.07MMs. Denise Lindsay (Age 56)Executive VP, CFO & Director Comp: $607.74kMr. Charles D. Kochka (Age 66)Executive VP & Chief Lending Officer Comp: $316.69kMr. Michael Joseph CurryCounsel & Corporate SecretaryMr. James D. NelsenSenior Credit OfficerMr. Edward Joseph CarpolettiSenior Vice President of Wealth ManagementThomas J. CampbellSenior Vice President of Residential LendingMr. Clarence MartindellExecutive Vice President of Commercial Real Estate LendingMs. Mary Ann Messmer (Age 68)Executive Vice President of Private Banking Mr. David FitzellSenior VP and Director of Residential Lending - MD, DC & VAMore ExecutivesKey CompetitorsHawthorn BancsharesNASDAQ:HWBKUnited Security BancsharesNASDAQ:UBFOAmes NationalNASDAQ:ATLOLCNBNASDAQ:LCNBFirst UnitedNASDAQ:FUNCView All CompetitorsInsiders & InstitutionsTower Research Capital LLC TRC Bought 3,385 shares on 11/14/2023Ownership: 0.030%FMR LLCSold 69,977 shares on 11/13/2023Ownership: 1.621%Acadian Asset Management LLCSold 1,813 shares on 11/13/2023Ownership: 0.465%Meridian Wealth Partners LLCBought 20,138 shares on 11/3/2023Ownership: 1.712%Denise LindsayBought 1,650 shares on 11/1/2023Total: $16,599.00 ($10.06/share)View All Insider TransactionsView All Institutional Transactions MRBK Stock Analysis - Frequently Asked Questions Should I buy or sell Meridian stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Meridian in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" MRBK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MRBK, but not buy additional shares or sell existing shares. View MRBK analyst ratings or view top-rated stocks. What is Meridian's stock price target for 2024? 1 equities research analysts have issued 12 month price targets for Meridian's shares. Their MRBK share price targets range from $15.00 to $15.00. On average, they expect the company's share price to reach $15.00 in the next twelve months. This suggests a possible upside of 14.5% from the stock's current price. View analysts price targets for MRBK or view top-rated stocks among Wall Street analysts. How have MRBK shares performed in 2023? Meridian's stock was trading at $15.1450 at the beginning of 2023. Since then, MRBK stock has decreased by 13.5% and is now trading at $13.10. View the best growth stocks for 2023 here. Are investors shorting Meridian? Meridian saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 18,200 shares, an increase of 45.6% from the October 31st total of 12,500 shares. Based on an average trading volume of 14,000 shares, the days-to-cover ratio is currently 1.3 days. View Meridian's Short Interest. When is Meridian's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, January 29th 2024. View our MRBK earnings forecast. How were Meridian's earnings last quarter? Meridian Co. (NASDAQ:MRBK) issued its quarterly earnings data on Friday, October, 27th. The company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by $0.04. The business earned $25.31 million during the quarter, compared to analysts' expectations of $26.58 million. Meridian had a net margin of 10.78% and a trailing twelve-month return on equity of 11.20%. How often does Meridian pay dividends? What is the dividend yield for Meridian? Meridian announced a quarterly dividend on Thursday, October 26th. Shareholders of record on Monday, November 13th will be paid a dividend of $0.125 per share on Monday, November 20th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.82%. The ex-dividend date is Friday, November 10th. Read our dividend analysis for MRBK. Is Meridian a good dividend stock? Meridian (NASDAQ:MRBK) pays an annual dividend of $0.50 per share and currently has a dividend yield of 3.82%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 33.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MRBK will have a dividend payout ratio of 33.33% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MRBK. When did Meridian's stock split? Shares of Meridian split before market open on Monday, March 13th 2023. The 2-1 split was announced on Monday, March 13th 2023. The newly minted shares were distributed to shareholders after the closing bell on Monday, March 13th 2023. An investor that had 100 shares of stock prior to the split would have 200 shares after the split. What other stocks do shareholders of Meridian own? Based on aggregate information from My MarketBeat watchlists, some companies that other Meridian investors own include AT&T (T), AbbVie (ABBV), Algonquin Power & Utilities (AQN), BCE (BCE), Franklin Resources (BEN), Ballard Power Systems (BLDP), Bank of Nova Scotia (BNS), British American Tobacco (BTI) and Carnival Co. & (CCL). Who are Meridian's major shareholders? Meridian's stock is owned by many different retail and institutional investors. Top institutional investors include Meridian Wealth Partners LLC (1.71%), FMR LLC (1.62%), Acadian Asset Management LLC (0.47%) and Tower Research Capital LLC TRC (0.03%). View institutional ownership trends. How do I buy shares of Meridian? Shares of MRBK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NASDAQ:MRBK) was last updated on 12/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Meridian Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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