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Meridian - MRBK Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $16.00
  • Forecasted Upside: 13.15%
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$14.14 As of 10/30/2024 03:38 PM ET
▲ +0.17 (1.22%)

This chart shows the closing price for MRBK by one month, three months, or twelve months.

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Analyst Price Target for MRBK

Analyst Price Target is $16.00
▲ +13.15% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Meridian in the last 3 months. The average price target is $16.00, with a high forecast of $17.00 and a low forecast of $15.00. The average price target represents a 13.15% upside from the last price of $14.14.

This chart shows the closing price for MRBK for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 2 investment analysts is to moderate buy stock in Meridian. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

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Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
5/9/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
8/7/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
11/5/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
2/3/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
5/3/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
8/1/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/30/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
10/30/2024

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
10/29/2024DA DavidsonBoost TargetBuy ➝ Buy$15.00 ➝ $17.00
10/29/2024Piper SandlerBoost TargetNeutral ➝ Neutral$14.00 ➝ $15.00
7/30/2024Piper SandlerBoost TargetNeutral ➝ Neutral$11.00 ➝ $13.00
1/29/2024Piper SandlerDowngradeOverweight ➝ Neutral$14.00 ➝ $13.00
4/6/2023Keefe, Bruyette & WoodsLower TargetMarket Perform$17.00 ➝ $15.00
3/22/2023Keefe, Bruyette & WoodsLower TargetMarket Perform$35.00 ➝ $17.00
11/4/2022Piper SandlerLower Target$19.50
7/27/2022DA DavidsonReiterated RatingBuy
11/18/2021Piper SandlerBoost TargetOverweight$20.00 ➝ $22.50
7/31/2020Keefe, Bruyette & WoodsBoost TargetOutperform$11.00 ➝ $11.50
4/30/2020DA DavidsonLower TargetBuy$9.50 ➝ $9.00
(Data available from 10/30/2019 forward)

News Sentiment Rating

0.59 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 2 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/3/2024
  • 2 very positive mentions
  • 6 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
5/3/2024
  • 3 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/2/2024
  • 2 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/2/2024
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/1/2024
  • 6 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
8/31/2024
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/30/2024
  • 3 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/30/2024

Current Sentiment

  • 3 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Meridian

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.
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Today's Range

Now: $14.14
Low: $13.96
High: $14.15

50 Day Range

MA: $12.31
Low: $10.95
High: $13.97

52 Week Range

Now: $14.14
Low: $8.26
High: $14.24

Volume

10,003 shs

Average Volume

13,471 shs

Market Capitalization

$158.23 million

P/E Ratio

14.00

Dividend Yield

3.79%

Beta

0.75

Frequently Asked Questions

What sell-side analysts currently cover shares of Meridian?

The following equities research analysts have issued stock ratings on Meridian in the last twelve months: DA Davidson, Piper Sandler, and TheStreet.
View the latest analyst ratings for MRBK.

What is the current price target for Meridian?

2 Wall Street analysts have set twelve-month price targets for Meridian in the last year. Their average twelve-month price target is $16.00, suggesting a possible upside of 13.2%. DA Davidson has the highest price target set, predicting MRBK will reach $17.00 in the next twelve months. Piper Sandler has the lowest price target set, forecasting a price of $15.00 for Meridian in the next year.
View the latest price targets for MRBK.

What is the current consensus analyst rating for Meridian?

Meridian currently has 1 hold rating and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for MRBK.

What other companies compete with Meridian?

Other companies that are similar to Meridian include UWM, Metropolitan Bank, SmartFinancial, South Plains Financial and Esquire Financial. Learn More about companies similar to Meridian.

How do I contact Meridian's investor relations team?

The company's listed phone number is (484) 568-5000 and its investor relations email address is [email protected]. The official website for Meridian is www.meridianbanker.com. Learn More about contacing Meridian investor relations.