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Meridian - MRBK Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $13.00
  • Forecasted Upside: 44.12%
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$9.02 As of 04/25/2024 01:00 AM ET
▲ +0.07 (0.78%)

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 $13.00
▲ +44.12% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Meridian in the last 3 months. The average price target is $13.00, with a high forecast of $13.00 and a low forecast of $13.00. The average price target represents a 44.12% upside from the last price of $9.02.

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 Hold

The current consensus among 1 contributing investment analysts is to hold stock in Meridian. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
11/2/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
1/31/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
5/1/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
7/30/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
10/28/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
1/26/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
3/26/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
4/25/2024

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/29/2024Piper SandlerDowngradeOverweight ➝ Neutral$14.00 ➝ $13.00Low
4/6/2023Keefe, Bruyette & WoodsLower TargetMarket Perform$17.00 ➝ $15.00N/A
3/22/2023Keefe, Bruyette & WoodsLower TargetMarket Perform$35.00 ➝ $17.00Low
11/4/2022Piper SandlerLower Target$19.50Low
7/27/2022DA DavidsonReiterated RatingBuyLow
11/18/2021Piper SandlerBoost TargetOverweight$20.00 ➝ $22.50High
7/31/2020Keefe, Bruyette & WoodsBoost TargetOutperform$11.00 ➝ $11.50Medium
4/30/2020DA DavidsonLower TargetBuy$9.50 ➝ $9.00Low
8/6/2019Keefe, Bruyette & WoodsUpgradeMarket Perform ➝ OutperformLow
(Data available from 4/25/2019 forward)

News Sentiment Rating

0.04 (Hold)

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
  • 3 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/28/2023
  • 2 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
10/28/2023
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/27/2023
  • 3 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/27/2023
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/26/2024
  • 3 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
2/25/2024
  • 2 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/26/2024
  • 1 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
4/25/2024

Current Sentiment

  • 1 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Meridian logo
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: $9.02
Low: $8.70
High: $9.10

50 Day Range

MA: $9.48
Low: $8.36
High: $10.15

52 Week Range

Now: $9.02
Low: $7.80
High: $14.24

Volume

6,590 shs

Average Volume

13,016 shs

Market Capitalization

$100.93 million

P/E Ratio

7.84

Dividend Yield

5.95%

Beta

0.68

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: Piper Sandler, and TheStreet.
View the latest analyst ratings for MRBK.

What is the current price target for Meridian?

1 Wall Street analysts have set twelve-month price targets for Meridian in the last year. Their average twelve-month price target is $13.00, suggesting a possible upside of 45.7%. Piper Sandler has the highest price target set, predicting MRBK will reach $13.00 in the next twelve months. Piper Sandler has the lowest price target set, forecasting a price of $13.00 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 from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in MRBK, but not buy more shares or sell existing shares.
View the latest ratings for MRBK.

What other companies compete with Meridian?

Other companies that are similar to Meridian include CF Bankshares, Landmark Bancorp, FNCB Bancorp, Old Point Financial and Hawthorn Bancshares. 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.