NASDAQ:MRBKMeridian Bank Stock Price, Forecast & 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 $16.29 -0.22 (-1.33 %) (As of 08/11/2020 04:00 PM ET) Add Compare Share Today's Range$16.20Now: $16.29▼$16.8450-Day Range$12.75MA: $15.15▼$17.0052-Week Range$10.68Now: $16.29▼$20.89Volume13,674 shsAverage Volume17,882 shsMarket Capitalization$99.27 millionP/E Ratio6.96Dividend Yield3.03%Beta0.59 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsInsider 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 potential upside of 25.8% from its current price of $16.29.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 170 “underperform” votes. (Add your “underperform” vote.)Community SentimentMeridian Bank has received 57.24% “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 3.03%, 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 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Meridian Bank insiders have bought more of their company's stock than they have sold. Specifically, they have bought $15,500.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 12.69% of the stock of Meridian Bank is held by insiders.Percentage Held by Institutions41.14% 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 6.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 17.09.Price to Earnings Ratio vs. SectorThe P/E ratio of Meridian Bank is 6.96, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.11. Previous Next Analyst Opinion: 3.5Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.67 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 Ratio6.96 Forward P/E Ratio6.27 P/E GrowthN/A Sales & Book Value Annual Sales$85.96 million Price / Sales1.15 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 Shares6,094,000Market Cap$99.27 million Next Earnings Date10/22/2020 (Estimated) OptionableNot Optionable $16.29 -0.22 (-1.33 %) (As of 08/11/2020 04:00 PM 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 been impacted by COVID-19 (Coronavirus)? Meridian Bank's stock was trading at $17.10 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MRBK stock has decreased by 4.7% and is now trading at $16.29. View which stocks have been most impacted by Coronavirus. 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) posted its earnings results on Monday, July, 27th. The company reported $0.94 EPS for the quarter, topping the Zacks' consensus estimate of $0.23 by $0.71. The business earned $32.28 million during the quarter, compared to the consensus estimate 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. Shareholders 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 dividend yield of 3.07%. The ex-dividend date of this dividend is Friday, August 7th. View Meridian Bank's dividend history. What price target have analysts set for MRBK? 2 brokerages have issued 12-month price objectives for Meridian Bank's stock. Their forecasts range from $18.00 to $23.00. On average, they anticipate Meridian Bank's stock price to reach $20.50 in the next twelve months. This suggests a possible upside of 25.8% from the stock's current price. View analysts' price targets for Meridian Bank. Has Meridian Bank been receiving favorable news coverage? Press coverage about MRBK stock has been trending negative on Tuesday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Meridian Bank earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future. View the latest news about Meridian Bank. Are investors shorting Meridian Bank? Meridian Bank saw a increase in short interest during the month of February. As of February 15th, there was short interest totaling 5,800 shares, an increase of 26.1% from the January 31st total of 4,600 shares. Based on an average daily volume of 9,200 shares, the short-interest ratio is currently 0.6 days. Currently, 0.1% of the company's shares are short sold. View Meridian Bank's Short Interest. Who are some of Meridian Bank's key competitors? Some companies that are related to Meridian Bank include Barings BDC (BBDC), The Zweig Total Return Fund (ZTR), Hammerson (HMSO), BlackRock Income Trust (BKT), New Senior Investment Group (SNR), Mercantile Bank (MBWM), MFS Multimarket Income Trust (MMT), MetroCity Bankshares (MCBS), Heritage Insurance (HRTG), Triplepoint Venture Growth BDC (TPVG), Gamco Investors (GBL), One Liberty Properties (OLP), First Community Bankshares (FCBC), Global Indemnity (GBLI) and Adams Natural Resources Fund (PEO). 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), Amplify Energy (AMPY), Amplify Energy (AMPY), Algonquin Power & Utilities (AQN), BCE (BCE), Franklin Resources (BEN), Bank of Nova Scotia (BNS) and British American Tobacco (BTI). 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 a number of retail and institutional investors. Top institutional investors include BHZ Capital Management LP (0.91%), New York State Common Retirement Fund (0.10%), UBS Group AG (0.08%) and Global Retirement Partners LLC (0.05%). Company insiders that own Meridian Bank stock include Charles D Kochka, Christopher J Annas, Randall J Mcgarry, Robert M Casciato and Robert T Holland. View institutional ownership trends for Meridian Bank. Which major investors are buying Meridian Bank stock? MRBK stock was acquired by a variety of institutional investors in the last quarter, including New York State Common Retirement Fund, Global Retirement Partners LLC, BHZ Capital Management LP, and UBS Group AG. Company insiders that have bought Meridian Bank stock in the last two years include Charles D Kochka, Christopher J Annas, Randall J Mcgarry, Robert M Casciato, 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 $16.29. How big of a company is Meridian Bank? Meridian Bank has a market capitalization of $99.27 million and generates $85.96 million in revenue each year. 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