Meridian (MRDN) Stock Price, News & Analysis

Company Overview

Meridian Holdings Inc is engaged in the online gaming and betting business, providing sports betting, online casino, and gaming operations across multiple jurisdictions in Europe, Africa, and Central and South America. The company has three reportable segments: MeridianBet Group, GMAG, and RKings & CFAC. The MeridianBet Group segment includes retail and online sports betting, casinos, and related gaming operations. The GMAG segment focuses on the resale of third-party gaming content, mainly serving customers in the Asia-Pacific region. The RKings & CFAC segment is involved in pay-to-enter prize competitions and trade promotions conducted in the United Kingdom and Australia. It generates the majority of its revenue from the MeridianBet Group segment.

Key Stats

• Today's Range: $11.53 to $12.34
• 50-Day Range: $11.01 to $14.42
• 52-Week Range: $5.80 to $16.09
• Volume: 48,931 shs
• Average Volume: 53,548 shs
• Market Capitalization: $151.41 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $21.60
• Consensus Rating: Sell

Meridian Stock Analysis - MarketRank™

Meridian scored higher than 33% of companies evaluated by MarketBeat, and ranked 379th out of 478 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.7 / 5
• Analyst Rating: Sell

Consensus Rating

Meridian has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no strong buy ratings, no buy ratings, no hold ratings, and 1 sell rating.

Upside Potential

Meridian has a consensus price target of $21.60, representing about 80.8% upside from its current price of $11.95.

Amount of Analyst Coverage

Meridian has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Meridian is -1.77, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Meridian is -1.77, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Meridian has a P/B Ratio of 2.91. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.05% of the float of Meridian has been sold short.

Short Interest Ratio / Days to Cover

Meridian has a short interest ratio ("days to cover") of 1.94, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Meridian has recently increased by 19.26%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Meridian does not currently pay a dividend.

Dividend Growth

Meridian does not have a long track record of dividend growth.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.15

News Sentiment

Meridian has a news sentiment score of 0.15. 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 0.43 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Meridian this week, compared to 3 articles on an average week.

Search Interest

1 people have searched for MRDN on MarketBeat in the last 30 days.

Company Ownership

• Score: 0.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Meridian insiders have not sold or bought any company stock.

Percentage Held by Insiders

24.00% 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 Institutions

2.74% of the stock of Meridian is held by institutions.

Company Calendar

• Last Earnings: 7/29/2026
• Today: 10/05/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Hotels, Restaurants & Leisure
• Sub-Industry: Casinos & Gaming
• Current Symbol: NASDAQ:MRDN
• Previous Symbol: NASDAQ:GMGI
• CIK: 1437925
• Web: www.meridian-holdings.com
• Phone: 702-318-7548
• Fax: N/A
• Employees: 1,200
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Meridian: $21.60
• High Price Target: $21.60
• Low Price Target: $21.60
• Potential Upside/Downside: +80.8%
• Consensus Rating: Sell
• Rating Score (0-4): 1.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): ($6.74)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 18.11
• P/E Growth: N/A
• Net Income: -$89.90 million
• Net Margins: -41.41%
• Pretax Margin: -44.58%
• Return on Equity: -117.87%
• Return on Assets: -58.87%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.59
• Quick Ratio: 0.51

Sales & Book Value

• Annual Sales: $182.86 million
• Price / Sales: 0.83
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $4.11 per share
• Price / Book: 2.91

Miscellaneous

• Outstanding Shares: 12,670,000
• Free Float: 9,628,000
• Market Cap: $151.41 million
• Optionable: N/A
• Beta: 0.70