NASDAQ:MRBK Meridian (MRBK) Stock Price, News & Analysis $11.51 -0.04 (-0.35%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$11.40▼$11.5150-Day Range$10.21▼$11.7552-Week Range$8.26▼$14.24Volume2,473 shsAverage Volume13,580 shsMarket Capitalization$128.75 millionP/E Ratio10.96Dividend Yield4.34%Price Target$13.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends Get Meridian alerts: Email Address Meridian MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside12.9% Upside$13.00 Price TargetShort InterestHealthy0.11% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares$48,160 Bought Last QuarterProj. Earnings Growth40.80%From $1.25 to $1.76 Per ShareSee Full Details Hide Full Details 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.4.11 out of 5 starsFinance Sector205th out of 871 stocksNational Commercial Banks Industry30th out of 86 stocks 2.0 Analyst's Opinion Consensus RatingMeridian has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageMeridian has only been the subject of 1 research reports in the past 90 days.Read more about Meridian's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.11% of the outstanding shares of Meridian have been sold short.Short Interest Ratio / Days to CoverMeridian has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Meridian has recently increased by 6.67%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipMeridian is a leading dividend payer. It pays a dividend yield of 4.31%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthMeridian does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Meridian is 47.62%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Meridian will have a dividend payout ratio of 28.41% next year. This indicates that Meridian will be able to sustain or increase its dividend.Read more about Meridian's 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 N/A News and Social Media Coverage Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Meridian insiders have bought more of their company's stock than they have sold. Specifically, they have bought $48,160.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders14.03% 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 Institutions58.56% of the stock of Meridian is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Meridian's insider trading history. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Meridian are expected to grow by 40.80% in the coming year, from $1.25 to $1.76 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Meridian is 10.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.87.Price to Earnings Ratio vs. SectorThe P/E ratio of Meridian is 10.96, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 32.21.Price to Book Value per Share RatioMeridian has a P/B Ratio of 0.79. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Meridian's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Timothy SykesTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…Click here to see a unique election-year trade 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. Meridian Corporation was incorporated in 2004 and is headquartered in Malvern, Pennsylvania.Read More MRBK Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MRBK Stock News HeadlinesAugust 21, 2024 | insidertrades.comAnthony Mark Imbesi Acquires 1,000 Shares of Meridian Co. (NASDAQ:MRBK) StockAugust 21, 2024 | insidertrades.comMeridian Co. (NASDAQ:MRBK) CEO Christopher J. Annas Purchases 2,000 SharesSeptember 7, 2024 | Behind the Markets (Ad)⭕ [URGENT] Buy Alert just triggeredMy absolute favorite stock just hit a critical "buy now" trigger price.August 13, 2024 | insidertrades.comDenise Lindsay Acquires 1,500 Shares of Meridian Co. (NASDAQ:MRBK) StockAugust 12, 2024 | finance.yahoo.comMeridian Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS LagsAugust 1, 2024 | investing.comPiper Sandler raises Meridian Bank target, keeps Neutral ratingAugust 1, 2024 | finance.yahoo.comMeridian (NASDAQ:MRBK) Is Due To Pay A Dividend Of $0.125July 31, 2024 | markets.businessinsider.comMeridian Bank Registered ShsSeptember 7, 2024 | Behind the Markets (Ad)⭕ [URGENT] Buy Alert just triggeredMy absolute favorite stock just hit a critical "buy now" trigger price.July 26, 2024 | globenewswire.comMeridian Corporation Reports Second Quarter 2024 Results and Announces a Quarterly Dividend of $0.125 per Common ShareMay 26, 2024 | morningstar.comMeridian Corp Ordinary SharesMay 8, 2024 | globenewswire.comChris McDermott Joins Meridian Bank as SVP, Commercial LendingMay 6, 2024 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Financial Stocks: Meridian Bank (MRBK), Cullen/Frost Bankers (CFR) and California BanCorp (CALB)May 2, 2024 | finance.yahoo.comMeridian (NASDAQ:MRBK) Has Affirmed Its Dividend Of $0.125April 29, 2024 | markets.businessinsider.comKBW Remains a Hold on Meridian Bank (MRBK)April 28, 2024 | msn.comMeridian Corporation Continues its Momentum, Reflects Progress with First Quarter 2024 EarningsApril 26, 2024 | investorplace.comMRBK Stock Earnings: Meridian Meets EPS, Beats Revenue for Q1 2024April 26, 2024 | msn.comMeridian Bank declares $0.125 dividendSee More Headlines 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 Company Calendar Last Earnings7/26/2024Ex-Dividend for 8/19 Dividend8/12/2024Dividend Payable8/19/2024Today9/07/2024Next Earnings (Estimated)10/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry National commercial banks Sub-IndustryBanking Current SymbolNASDAQ:MRBK CUSIPN/A CIK1750735 Webwww.meridianbanker.com Phone(484) 568-5000FaxN/AEmployees410Year FoundedN/APrice Target and Rating Average Stock Price Target$13.00 High Stock Price Target$13.00 Low Stock Price Target$13.00 Potential Upside/Downside+12.9%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.05 Trailing P/E Ratio10.96 Forward P/E Ratio9.21 P/E GrowthN/ANet Income$13.24 million Net Margins5.85% Pretax Margin7.67% Return on Equity6.66% Return on Assets0.46% Debt Debt-to-Equity Ratio0.31 Current Ratio0.97 Quick Ratio0.95 Sales & Book Value Annual Sales$101.05 million Price / Sales1.27 Cash Flow$1.61 per share Price / Cash Flow7.14 Book Value$14.51 per share Price / Book0.79Miscellaneous Outstanding Shares11,186,000Free Float9,617,000Market Cap$128.75 million OptionableNot Optionable Beta0.74 Reduce the RiskMarket downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.Get This Free Report Key ExecutivesMr. Christopher J. Annas (Age 68)Founder, Chairman, President & CEO Comp: $972.28kMs. Denise Lindsay (Age 57)Executive VP, CFO & Director Comp: $610.91kMr. Michael Joseph CurryCounsel & Corporate SecretaryMr. James D. NelsenSenior Credit OfficerMr. Edward Joseph CarpolettiSenior Vice President of Wealth ManagementThomas J. CampbellSenior Vice President of Residential LendingMr. Clarence MartindellExecutive Vice President of Commercial Real Estate LendingMs. Mary Ann Messmer (Age 69)Executive Vice President of Private Banking Mr. David FitzellSenior VP and Director of Residential Lending - MD, DC & VAMr. Rocco P. Perate Jr.Executive Vice President of SBA LendingMore ExecutivesKey CompetitorsMacatawa BankNASDAQ:MCBCEsquire FinancialNASDAQ:ESQSmartFinancialNASDAQ:SMBKMid Penn BancorpNASDAQ:MPBMidland States BancorpNASDAQ:MSBIView All CompetitorsInsiders & InstitutionsAnthony Mark ImbesiBought 1,000 shares on 8/19/2024Total: $10,740.00 ($10.74/share)Christopher J AnnasBought 2,000 shares on 8/19/2024Total: $21,400.00 ($10.70/share)Meridian Wealth Partners LLCSold 7,724 shares on 8/12/2024Ownership: 1.849%Dimensional Fund Advisors LPBought 10,514 shares on 8/9/2024Ownership: 1.531%Denise LindsayBought 1,500 shares on 8/9/2024Total: $16,020.00 ($10.68/share)View All Insider TransactionsView All Institutional Transactions MRBK Stock Analysis - Frequently Asked Questions How have MRBK shares performed this year? Meridian's stock was trading at $13.90 on January 1st, 2024. Since then, MRBK shares have decreased by 17.2% and is now trading at $11.51. View the best growth stocks for 2024 here. How were Meridian's earnings last quarter? Meridian Co. (NASDAQ:MRBK) announced its quarterly earnings data on Friday, July, 26th. The company reported $0.30 earnings per share for the quarter, missing analysts' consensus estimates of $0.32 by $0.02. The company earned $26.09 million during the quarter, compared to analyst estimates of $25.57 million. Meridian had a trailing twelve-month return on equity of 6.66% and a net margin of 5.85%. When did Meridian's stock split? Meridian shares split on the morning of Monday, March 13th 2023. The 2-1 split was announced on Monday, March 13th 2023. The newly minted 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. Who are Meridian's major shareholders? Meridian's top institutional shareholders include Meridian Wealth Partners LLC (1.85%), Dimensional Fund Advisors LP (1.53%), LSV Asset Management (0.82%) and Strid Group LLC (0.20%). Insiders that own company stock include Anthony Mark Imbesi, Christopher J Annas, Denise Lindsay, Robert T Holland and Edward J Hollin. 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. What other stocks do shareholders of Meridian own? Based on aggregate information from My MarketBeat watchlists, some other companies that Meridian investors own include AT&T (T), AbbVie (ABBV), Algonquin Power & Utilities (AQN), BCE (BCE), Franklin Resources (BEN) and Ballard Power Systems (BLDP). 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