Several analysts have recently updated their ratings and price targets for Meridian (NASDAQ: MRBK):
- 11/9/2026 – Meridian was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
- 11/7/2026 – Meridian was downgraded by Wall Street Zen from “hold” to “sell”.
- 11/5/2026 – Meridian had its “overweight” rating reaffirmed by Piper Sandler. They now have a $20.00 price target on the stock, down from $24.00.
- 11/3/2026 – Meridian was downgraded by DA Davidson from “buy” to “neutral”. They now have a $20.00 price target on the stock, down from $22.00.
Meridian Stock Up 0.0%
Shares of MRBK stock traded up $0.01 during mid-day trading on Thursday, hitting $16.71. The company’s stock had a trading volume of 21,148 shares, compared to its average volume of 102,585. The stock has a market cap of $199.58 million, a price-to-earnings ratio of 8.75 and a beta of 0.65. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.95 and a current ratio of 0.97. Meridian Corp has a 52-week low of $13.92 and a 52-week high of $21.67. The business has a 50-day moving average price of $18.70 and a 200 day moving average price of $19.18.
Meridian (NASDAQ:MRBK – Get Free Report) last released its quarterly earnings data on Friday, October 30th. The company reported $0.43 EPS for the quarter, missing the consensus estimate of $0.46 by ($0.03). The business had revenue of $30.14 million during the quarter, compared to the consensus estimate of $33.05 million. Meridian had a return on equity of 11.34% and a net margin of 11.46%. Research analysts predict that Meridian Corp will post 1.47 EPS for the current fiscal year.
Meridian Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, November 16th. Stockholders of record on Monday, November 9th will be issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend is Monday, November 9th. Meridian’s dividend payout ratio is presently 29.32%.
Meridian Corporation is a bank holding company headquartered in Malvern, Pennsylvania. Through its principal subsidiary, Meridian Bank, the company provides commercial and community banking services to businesses, professionals and individuals in the Mid-Atlantic region. Meridian Bank offers business lending, commercial real estate financing, construction loans, equipment financing, residential and consumer lending, deposit accounts, cash-management services and online banking. The company also provides mortgage banking and wealth management services, including investment and financial planning solutions.
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