Meridian Corporation (MRBK)
NASDAQ: MRBK · IEX Real-Time Price · USD
9.88
+0.39 (4.10%)
May 20, 2024, 2:28 PM EDT - Market open
Meridian Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Meridian stock has a target of 13, which predicts an increase of 31.59% from the current stock price of 9.88.
Analyst Consensus: Hold
* Price targets were last updated on Jan 29, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for Meridian is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 4 | 4 | 4 | 4 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 4 | 4 | 4 | 4 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy → Hold Downgrades $14 → $13 | Buy → Hold | Downgrades | $14 → $13 | +31.59% | Jan 29, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $15 → $13 | Hold | Maintains | $15 → $13 | +31.59% | May 4, 2023 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $17 → $15 | Hold | Maintains | $17 → $15 | +51.84% | Apr 6, 2023 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $35 → $17 | Hold | Maintains | $35 → $17 | +72.08% | Mar 22, 2023 |
| DA Davidson | DA Davidson | Strong Buy Maintains n/a | Strong Buy | Maintains | n/a | n/a | May 3, 2018 |
Financial Forecast
Revenue This Year
107.06M
from 94.09M
Increased by 13.78%
Revenue Next Year
120.37M
from 107.06M
Increased by 12.43%
EPS This Year
1.37
from 1.16
Increased by 18.12%
EPS Next Year
1.71
from 1.37
Increased by 24.62%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 111.3M | 127.6M |
| Avg | 107.1M | 120.4M |
| Low | 101.4M | 110.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 18.3% | 19.1% |
| Avg | 13.8% | 12.4% |
| Low | 7.8% | 3.6% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 1.52 | 1.99 |
| Avg | 1.37 | 1.71 |
| Low | 1.17 | 1.35 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 31.4% | 45.6% |
| Avg | 18.1% | 24.6% |
| Low | 1.2% | -1.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.