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66,000% upside on tiny biotech? (Ad)
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66,000% upside on tiny biotech? (Ad)
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S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
66,000% upside on tiny biotech? (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
66,000% upside on tiny biotech? (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
66,000% upside on tiny biotech? (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
66,000% upside on tiny biotech? (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
66,000% upside on tiny biotech? (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
66,000% upside on tiny biotech? (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
66,000% upside on tiny biotech? (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
66,000% upside on tiny biotech? (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
66,000% upside on tiny biotech? (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
NASDAQ:MRBK

Meridian (MRBK) Stock Price, News & Analysis

$9.60
-0.24 (-2.44%)
(As of 02/22/2024 ET)
Today's Range
$9.60
$9.93
50-Day Range
$9.30
$13.93
52-Week Range
$7.80
$16.14
Volume
12,485 shs
Average Volume
15,711 shs
Market Capitalization
$107.33 million
P/E Ratio
8.35
Dividend Yield
5.21%
Price Target
$14.00

Meridian MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
45.8% Upside
$14.00 Price Target
Short Interest
Healthy
0.16% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
28.17%
From $1.42 to $1.82 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.71 out of 5 stars

Finance Sector

360th out of 812 stocks

National Commercial Banks Industry

45th out of 82 stocks


MRBK stock logo

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.

MRBK Stock Price History

MRBK Stock News Headlines

Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
KBW Sticks to Their Hold Rating for Meridian Bank (MRBK)
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Meridian Bank Ranked Top SBA Lender
Meridian Corp Ordinary Shares MRBK
Anderson Regional Medical Center
Several Insiders Invested In Meridian Flagging Positive News
Meridian Sub-Acute Rehabilitation
See More Headlines
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Company Calendar

Last Earnings
1/26/2024
Ex-Dividend for 2/20 Dividend
2/09/2024
Dividend Payable
2/20/2024
Today
2/22/2024
Next Earnings (Estimated)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
National commercial banks
Sub-Industry
N/A
Current Symbol
NASDAQ:MRBK
Fax
N/A
Employees
366
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$14.00
High Stock Price Target
$15.00
Low Stock Price Target
$13.00
Potential Upside/Downside
+45.8%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$13.24 million
Pretax Margin
13.74%

Debt

Sales & Book Value

Annual Sales
$168.55 million
Cash Flow
$1.03 per share
Book Value
$6.68 per share

Miscellaneous

Free Float
9,611,000
Market Cap
$107.33 million
Optionable
Not Optionable
Beta
0.73
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Key Executives

  • Mr. Christopher J. Annas (Age 68)
    Founder, Chairman, President & CEO
    Comp: $1.07M
  • Ms. Denise Lindsay (Age 57)
    Executive VP, CFO & Director
    Comp: $607.74k
  • Mr. Michael Joseph Curry
    Counsel & Corporate Secretary
  • Mr. James D. Nelsen
    Senior Credit Officer
  • Mr. Edward Joseph Carpoletti
    Senior Vice President of Wealth Management
  • Thomas J. Campbell
    Senior Vice President of Residential Lending
  • Mr. Clarence Martindell
    Executive Vice President of Commercial Real Estate Lending
  • Ms. Mary Ann Messmer (Age 69)
    Executive Vice President of Private Banking
  • Mr. David Fitzell
    Senior VP and Director of Residential Lending - MD, DC & VA
  • Mr. Rocco P. Perate Jr.
    Executive Vice President of SBA Lending














MRBK Stock Analysis - Frequently Asked Questions

Should I buy or sell Meridian stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meridian in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street 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?

2 Wall Street research analysts have issued 12 month price objectives for Meridian's stock. Their MRBK share price targets range from $13.00 to $15.00. On average, they predict the company's share price to reach $14.00 in the next year. This suggests a possible upside of 45.8% 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 2024?

Meridian's stock was trading at $13.90 on January 1st, 2024. Since then, MRBK shares have decreased by 30.9% and is now trading at $9.60.
View the best growth stocks for 2024 here
.

Are investors shorting Meridian?

Meridian saw a increase in short interest during the month of January. As of January 31st, there was short interest totaling 17,400 shares, an increase of 19.2% from the January 15th total of 14,600 shares. Based on an average trading volume of 21,900 shares, the days-to-cover ratio is presently 0.8 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 Tuesday, May 7th 2024.
View our MRBK earnings forecast
.

How were Meridian's earnings last quarter?

Meridian Co. (NASDAQ:MRBK) posted its earnings results on Friday, January, 26th. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.28 by $0.23. The company earned $44.46 million during the quarter, compared to the consensus estimate of $25 million. Meridian had a trailing twelve-month return on equity of 8.60% and a net margin of 7.86%.

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

Meridian announced a quarterly dividend on Thursday, January 25th. Shareholders of record on Monday, February 12th will be given a dividend of $0.125 per share on Tuesday, February 20th. This represents a $0.50 annualized dividend and a yield of 5.21%. The ex-dividend date of this dividend is Friday, February 9th.
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 5.08%. MRBK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 43.48%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MRBK will have a dividend payout ratio of 27.47% 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 on the morning of Monday, March 13th 2023. The 2-1 split was announced on Monday, March 13th 2023. The newly issued shares were issued to shareholders after the market closes 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 institutional and retail investors. Top institutional investors include Banc Funds Co. LLC (7.00%), Meridian Wealth Partners LLC (1.70%), Dimensional Fund Advisors LP (1.28%), LSV Asset Management (0.83%), Petiole USA ltd (0.72%) and Borer Denton & Associates Inc. (0.31%).
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:MRBK) was last updated on 2/23/2024 by MarketBeat.com Staff