NASDAQ:MRBK Meridian Bank Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Meridian Bank Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $15.58 +0.77 (+5.20 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$14.90Now: $15.58▼$15.6450-Day Range$14.36MA: $15.26▼$16.5152-Week Range$10.68Now: $15.58▼$20.89Volume55,837 shsAverage Volume17,479 shsMarket Capitalization$94.96 millionP/E Ratio6.66Dividend Yield3.38%Beta0.56 ProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesInstitutional OwnershipHeadlinesShort InterestSocial Media Meridian Corporation operates as the bank holding for Meridian Bank that provides commercial banking products and services for small and middle market businesses primarily in southeast Pennsylvania, Delaware, and southern New Jersey. The company offers non-interest and interest checking deposits and time deposits, as well as money market, and savings accounts; and commercial and industrial loans, commercial real estate loans, and consumer and home equity loans, as well as business lines of credit, term loans, small business lending, lease financing, and shared national credits. It also provides cash management, merchant, title and land settlement, mortgage banking, wealth management, investment advisory, and title insurance services, as well as real estate holding services. The company has 6 full-service banking offices in Pennsylvania; and 13 mortgage loan production offices throughout the Delaware Valley. The company was founded in 2004 and is headquartered in Malvern, Pennsylvania.Read More Beat the Market (BTM) Rank™ 3.5 Analyst's Opinion Consensus RatingMeridian Bank has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $20.50, Meridian Bank has a forecasted upside of 31.6% from its current price of $15.58.Amount of Analyst CoverageMeridian Bank has only been the subject of 1 research reports in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesMeridian Bank has received 127 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMeridian Bank has received 171 “underperform” votes. (Add your “underperform” vote.)Community SentimentMeridian Bank has received 57.38% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Meridian Bank and other stocks. Vote “Outperform” if you believe MRBK will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MRBK will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 2.5 Dividend Strength Dividend YieldMeridian Bank pays a meaningful dividend of 3.38%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMeridian Bank does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Meridian Bank is 28.90%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Meridian Bank will have a dividend payout ratio of 24.51% next year. This indicates that Meridian Bank will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Meridian Bank insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 12.69% of the stock of Meridian Bank is held by insiders.Percentage Held by Institutions42.91% of the stock of Meridian Bank is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Meridian Bank are expected to decrease by -21.54% in the coming year, from $2.60 to $2.04 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Meridian Bank is 6.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.71.Price to Earnings Ratio vs. SectorThe P/E ratio of Meridian Bank is 6.66, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 17.18. Previous Next Analyst Opinion: 3.5Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.07 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry N/A Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:MRBK Previous Symbol CUSIPN/A CIKN/A WebN/A PhoneN/ADebt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/APrice-To-Earnings Trailing P/E Ratio6.66 Forward P/E Ratio5.99 P/E GrowthN/A Sales & Book Value Annual Sales$85.96 million Price / Sales1.10 Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AProfitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous EmployeesN/A Outstanding Shares6,095,000Market Cap$94.96 million Next Earnings Date10/22/2020 (Estimated) OptionableNot Optionable $15.58 +0.77 (+5.20 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive MRBK News and Ratings via Email Sign-up to receive the latest news and ratings for MRBK and its competitors with MarketBeat's FREE daily newsletter. Meridian Bank (NASDAQ:MRBK) Frequently Asked Questions How has Meridian Bank's stock price been impacted by Coronavirus (COVID-19)? Meridian Bank's stock was trading at $17.10 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MRBK stock has decreased by 8.9% and is now trading at $15.58. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Meridian Bank? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meridian Bank 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 Bank. When is Meridian Bank's next earnings date? Meridian Bank is scheduled to release its next quarterly earnings announcement on Thursday, October 22nd 2020. View our earnings forecast for Meridian Bank. How were Meridian Bank's earnings last quarter? Meridian Bank (NASDAQ:MRBK) announced its quarterly earnings results on Monday, July, 27th. The company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.23 by $0.71. The company had revenue of $32.28 million for the quarter, compared to analyst estimates of $19.98 million. View Meridian Bank's earnings history. How often does Meridian Bank pay dividends? What is the dividend yield for Meridian Bank? Meridian Bank announced a quarterly dividend on Monday, July 27th. Stockholders of record on Monday, August 10th will be paid a dividend of $0.125 per share on Monday, August 24th. This represents a $0.50 annualized dividend and a yield of 3.21%. The ex-dividend date is Friday, August 7th. View Meridian Bank's dividend history. What price target have analysts set for MRBK? 2 equities research analysts have issued twelve-month price objectives for Meridian Bank's shares. Their forecasts range from $18.00 to $23.00. On average, they expect Meridian Bank's stock price to reach $20.50 in the next twelve months. This suggests a possible upside of 31.6% from the stock's current price. View analysts' price targets for Meridian Bank. Who are some of Meridian Bank's key competitors? Some companies that are related to Meridian Bank include Alerus Financial (ALRS), ALERUS FINL COR/SH (ALRS), Granite Point Mortgage Trust (GPMT), Donegal Group (DGICB), Dynex Capital (DX), Amalgamated Bank (AMAL), CTT - Correios De Portugal (CTTPY), Century Bancorp (CNBKA), Pzena Investment Management (PZN), Bridge Bancorp (BDGE), New Senior Investment Group (SNR), Chatham Lodging Trust (CLDT), BH GLOB/NPV VTG FPD (BHGG), Urstadt Biddle Properties (UBA) and First of Long Island (FLIC). View all competitors. What other stocks do shareholders of Meridian Bank own? Based on aggregate information from My MarketBeat watchlists, some companies that other Meridian Bank investors own include AT&T (T), Primo Water (PRMW), AbbVie (ABBV), Algonquin Power & Utilities (AQN), BCE (BCE), Franklin Resources (BEN), Bank of Nova Scotia (BNS), British American Tobacco (BTI), Carnival (CCL) and Canadian Imperial Bank of Commerce (CM). Who are Meridian Bank's key executives? Meridian Bank's management team includes the following people: Mr. Christopher J. Annas, Founder, Chairman, Pres & CEO (Age 64, Pay $864.15k)Ms. Denise Lindsay, Exec. VP, CFO & Director (Age 53, Pay $386.98k)Mr. Randy J. McGarry, Sr. VP & Chief Information Officer (Age 52, Pay $252.73k)Mr. Joseph L. Cafarchio, Exec. VP & Chief Credit Officer (Age 63, Pay $315.83k)Mr. Charles D. Kochka, Exec. VP & Chief Lending Officer (Age 63, Pay $298.81k) What is Meridian Bank's stock symbol? Meridian Bank trades on the NASDAQ under the ticker symbol "MRBK." Who are Meridian Bank's major shareholders? Meridian Bank's stock is owned by many different institutional and retail investors. Top institutional investors include Banc Funds Co. LLC (8.92%), Bridgeway Capital Management Inc. (1.31%), BHZ Capital Management LP (0.91%), Ancora Advisors LLC (0.43%), Charles Schwab Investment Management Inc. (0.23%) and Bank of New York Mellon Corp (0.21%). Company insiders that own Meridian Bank stock include Charles D Kochka, Christopher J Annas, Randall J Mcgarry and Robert T Holland. View institutional ownership trends for Meridian Bank. Which institutional investors are selling Meridian Bank stock? MRBK stock was sold by a variety of institutional investors in the last quarter, including Banc Funds Co. LLC, and Ancora Advisors LLC. View insider buying and selling activity for Meridian Bank. Which institutional investors are buying Meridian Bank stock? MRBK stock was purchased by a variety of institutional investors in the last quarter, including Bridgeway Capital Management Inc., Charles Schwab Investment Management Inc., Bank of New York Mellon Corp, Bank of America Corp DE, New York State Common Retirement Fund, American International Group Inc., Global Retirement Partners LLC, and BHZ Capital Management LP. Company insiders that have bought Meridian Bank stock in the last two years include Charles D Kochka, Christopher J Annas, Randall J Mcgarry, and Robert T Holland. View insider buying and selling activity for Meridian Bank. How do I buy shares of Meridian Bank? Shares of MRBK 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 Bank's stock price today? One share of MRBK stock can currently be purchased for approximately $15.58. How big of a company is Meridian Bank? Meridian Bank has a market capitalization of $94.96 million and generates $85.96 million in revenue each year. This page was last updated on 9/20/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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