NASDAQ:MRBK Meridian - MRBK Stock Forecast, Price & News Adding Choose a watchlist: 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 Co. Please log in to your account or sign up in order to add this asset to your watchlist. $26.75 0.00 (0.00%) (As of 03/20/2023 12:00 AM ET) Add Compare Share Share Today's Range$26.54▼$27.9050-Day Range$15.18▼$27.6352-Week Range$25.80▼$34.75Volume18,109 shsAverage Volume10,747 shsMarket Capitalization$155.15 millionP/E Ratio7.49Dividend Yield3.74%Price Target$19.50 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Meridian MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside27.1% Downside$19.50 Price TargetShort InterestHealthy0.37% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth7.89%From $3.93 to $4.24 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.2.46 out of 5 starsFinance Sector527th out of 876 stocksNational Commercial Banks Industry65th out of 84 stocks 1.5 Analyst's Opinion Consensus RatingMeridian has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $19.50, Meridian has a forecasted downside of 27.1% from its current price of $26.75.Amount of Analyst CoverageMeridian has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted0.37% of the float of Meridian has been sold short.Short Interest Ratio / Days to CoverMeridian has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Meridian has recently decreased by 2.63%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend LeadershipMeridian is a leading dividend payer. It pays a dividend yield of 3.74%, 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 28.01%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Meridian will have a dividend payout ratio of 23.58% 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 2.4 News and Social Media Coverage News SentimentMeridian has a news sentiment score of 0.31. 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 is a lower news sentiment than the 0.46 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Meridian this week, compared to 0 articles on an average week.Search InterestOnly 1 people have searched for MRBK on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.MarketBeat Follows1 people have added Meridian to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Meridian insiders have not sold or bought any company stock.Percentage Held by Insiders13.40% 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 Institutions49.12% 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 3.1 Earnings and Valuation Earnings GrowthEarnings for Meridian are expected to grow by 7.89% in the coming year, from $3.93 to $4.24 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Meridian is 7.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.76.Price to Earnings Ratio vs. SectorThe P/E ratio of Meridian is 7.49, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 139.54.Price to Book Value per Share RatioMeridian has a P/B Ratio of 1.00. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Meridian (NASDAQ:MRBK) StockMeridian Corp. is a bank holding company, which engages in the provision of commercial and consumer banking services. It operates through the following segments: Banking, Meridian Wealth, and Mortgage Banking. The Banking segment consists of commercial and retail banking. The Meridian Wealth segment offers wealth management services and products. The Mortgage Banking segment consists of the central loan production facility and retail and profit sharing loan production offices. The company was founded by Christopher J. Annas on June 8, 2009 and is headquartered in Malvern, PA.Read More 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 MRBK Stock News HeadlinesMarch 20, 2023 | finance.yahoo.comMeridian Corporation Reminds Shareholders of the Two-for-One Stock Split Announced on February 28, 2023March 7, 2023 | finance.yahoo.comGreat news for Meridian Corporation (NASDAQ:MRBK): Insiders acquired stock in large numbers last yearMarch 20, 2023 | Weiss Ratings (Ad)Bank Accounts: Frozen!In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!February 28, 2023 | finance.yahoo.comMeridian Corporation Declares Two-for-One Stock SplitFebruary 8, 2023 | finance.yahoo.comMeridian Corporation (NASDAQ:MRBK) Passed Our Checks, And It's About To Pay A US$0.25 DividendFebruary 7, 2023 | nasdaq.comBanc Funds Co Cuts Stake in Meridian Bank (MRBK)February 1, 2023 | finance.yahoo.comMeridian Full Year 2022 Earnings: Misses ExpectationsJanuary 30, 2023 | finance.yahoo.comMeridian Bank (MRBK) Misses Q4 Earnings and Revenue EstimatesMarch 20, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!January 30, 2023 | msn.comMeridian Bank Non-GAAP EPS of $0.77 misses by $0.13, revenue of $26.52M misses by $1.73MJanuary 30, 2023 | finance.yahoo.comMeridian Corporation Reports Fourth Quarter and Year End 2022 Results and Announces an Increase in the Quarterly Dividend to $0.25 per Common ShareDecember 19, 2022 | finance.yahoo.comInstitutional owners may consider drastic measures as Meridian Corporation's (NASDAQ:MRBK) recent US$19m drop adds to long-term lossesNovember 29, 2022 | msn.comAfter Golden Cross, Meridian Bank (MRBK)'s Technical Outlook is BrightNovember 6, 2022 | finance.yahoo.comMeridian (NASDAQ:MRBK) Could Be A Buy For Its Upcoming DividendNovember 4, 2022 | finance.yahoo.comMeridian (NASDAQ:MRBK) Has Affirmed Its Dividend Of $0.20November 2, 2022 | bizjournals.comMeridian Bank cuts a third of its mortgage employees and closes 3 offices as demand slowsNovember 1, 2022 | finance.yahoo.comWill Meridian Bank (MRBK) Beat Estimates Again in Its Next Earnings Report?October 31, 2022 | msn.comRecap: Meridian Q3 EarningsOctober 31, 2022 | finance.yahoo.comMeridian Corporation Reports Third Quarter 2022 ResultsOctober 31, 2022 | finance.yahoo.comMeridian Bank (MRBK) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 ReleaseOctober 31, 2022 | finance.yahoo.comMeridian Bank (MRBK) Tops Q3 Earnings EstimatesOctober 27, 2022 | finance.yahoo.comMeridian Corporation Announces Appointment of Christine M. Helmig, CPA, to Board of DirectorsOctober 12, 2022 | finance.yahoo.comInvestors in Meridian (NASDAQ:MRBK) have made a decent return of 97% over the past three yearsAugust 11, 2022 | bizjournals.comMeridian Bank enters Florida market with help of former local bank CEOAugust 8, 2022 | seekingalpha.comMeridian Corporation 2022 Q2 - Results - Earnings Call PresentationAugust 8, 2022 | finance.yahoo.comMeridian Corporation (NASDAQ:MRBK) Looks Interesting, And It's About To Pay A DividendAugust 1, 2022 | finance.yahoo.comMeridian Bank (MRBK) Q2 Earnings Top EstimatesSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 MRBK Company Calendar Last Earnings10/31/2021Ex-Dividend for 2/21 Dividend2/13/2023Dividend Payable2/21/2023Today3/20/2023Next Earnings (Estimated)5/01/2023Fiscal Year End12/31/2023Get 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/AEmployees413Year FoundedN/APrice Target and Rating Average Stock Price Forecast$19.50 High Stock Price Forecast$19.50 Low Stock Price Forecast$19.50 Forecasted Upside/Downside-27.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$3.57 Trailing P/E Ratio7.49 Forward P/E Ratio6.81 P/E GrowthN/ANet Income$21.83 million Net Margins16.73% Pretax Margin24.68% Return on Equity14.09% Return on Assets1.17% Debt Debt-to-Equity Ratio0.27 Current Ratio0.98 Quick Ratio0.96 Sales & Book Value Annual Sales$130.45 million Price / Sales1.19 Cash Flow$5.22 per share Price / Cash Flow5.12 Book Value$26.81 per share Price / Book1.00Miscellaneous Outstanding Shares5,800,000Free Float5,023,000Market Cap$155.15 million OptionableNot Optionable Beta0.51 Key ExecutivesChristopher J. AnnasChairman, President & Chief Executive OfficerDenise LindsayChief Financial Officer, Director & Executive VPCharles D. KochkaChief Lending Officer & Executive Vice PresidentJoseph L. CafarchioChief Credit Officer & Executive Vice PresidentLisa ViscardoInvestor Relations ContactKey CompetitorsLimestone BancorpNASDAQ:LMSTHawthorn BancsharesNASDAQ:HWBKFNCB BancorpNASDAQ:FNCBLCNBNASDAQ:LCNBAmes NationalNASDAQ:ATLOView All CompetitorsInstitutional OwnershipMillennium Management LLCSold 16,382 shares on 2/15/2023Ownership: 0.600%Susquehanna Fundamental Investments LLCSold 920 shares on 2/15/2023Ownership: 0.313%Morgan StanleyBought 4,977 shares on 2/15/2023Ownership: 0.238%Man Group plcBought 7,106 shares on 2/15/2023Ownership: 0.123%Susquehanna International Group LLPBought 15,086 shares on 2/14/2023Ownership: 0.260%View All Institutional Transactions MRBK Stock - 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 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MRBK shares. View MRBK analyst ratings or view top-rated stocks. What is Meridian's stock price forecast for 2023? 1 brokerages have issued 1 year price objectives for Meridian's shares. Their MRBK share price forecasts range from $19.50 to $19.50. On average, they anticipate the company's share price to reach $19.50 in the next twelve months. This suggests that the stock has a possible downside of 27.1%. 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 on January 1st, 2023. Since then, MRBK shares have increased by 76.6% and is now trading at $26.75. View the best growth stocks for 2023 here. When is Meridian's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 1st 2023. View our MRBK earnings forecast. How were Meridian's earnings last quarter? Meridian Co. (NASDAQ:MRBK) posted its quarterly earnings data on Sunday, October, 31st. The company reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.19. The firm earned $38.38 million during the quarter, compared to the consensus estimate of $36.45 million. Meridian had a trailing twelve-month return on equity of 14.09% and a net margin of 16.73%. How often does Meridian pay dividends? What is the dividend yield for Meridian? Meridian announced a quarterly dividend on Monday, January 30th. Investors of record on Tuesday, February 14th will be given a dividend of $0.125 per share on Tuesday, February 21st. This represents a $0.50 dividend on an annualized basis and a yield of 1.87%. The ex-dividend date is Monday, February 13th. Read our dividend analysis for MRBK. Is Meridian a good dividend stock? Meridian (NASDAQ:MRBK) pays an annual dividend of $1.00 per share and currently has a dividend yield of 3.74%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 28.01%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MRBK will have a dividend payout ratio of 23.58% 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? Meridian's stock split before market open on Monday, March 13th 2023. The 2-1 split was announced on Monday, March 13th 2023. The newly created shares were issued 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), Primo Water (PRMW), 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). What is Meridian's stock symbol? Meridian trades on the NASDAQ under the ticker symbol "MRBK." Who are Meridian's major shareholders? Meridian's stock is owned by a variety of retail and institutional investors. Top institutional investors include Banc Funds Co. LLC (6.28%), Petiole USA ltd (2.21%), Dimensional Fund Advisors LP (1.05%), Gator Capital Management LLC (1.01%), Millennium Management LLC (0.60%) and Renaissance Technologies LLC (0.43%). Insiders that own company stock include Christopher J Annas and Robert T Holland. 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. What is Meridian's stock price today? One share of MRBK stock can currently be purchased for approximately $26.75. How much money does Meridian make? Meridian (NASDAQ:MRBK) has a market capitalization of $155.15 million and generates $130.45 million in revenue each year. The company earns $21.83 million in net income (profit) each year or $3.57 on an earnings per share basis. How many employees does Meridian have? The company employs 413 workers across the globe. How can I contact Meridian? The official website for the company is www.meridianbanker.com. The company can be reached via phone at (484) 568-5000 or via email at investor@meridianbanker.com. This page (NASDAQ:MRBK) was last updated on 3/20/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free 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 from 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. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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