Meridian Corporation (MRBK)
NASDAQ: MRBK · Real-Time Price · USD
14.50
+0.20 (1.40%)
Nov 21, 2024, 4:00 PM EST - Market closed
Meridian Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Meridian stock have an average target of 16, with a low estimate of 15 and a high estimate of 17. The average target predicts an increase of 10.34% from the current stock price of 14.50.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Meridian stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 4 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 1 | 1 | 1 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| DA Davidson | DA Davidson | Strong Buy Maintains $15 → $17 | Strong Buy | Maintains | $15 → $17 | +17.24% | Oct 29, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $14 → $15 | Hold | Maintains | $14 → $15 | +3.45% | Oct 29, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $11 → $13 | Hold | Maintains | $11 → $13 | -10.34% | Jul 30, 2024 |
| Piper Sandler | Piper Sandler | Buy → Hold Downgrades $14 → $13 | Buy → Hold | Downgrades | $14 → $13 | -10.34% | Jan 29, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $15 → $13 | Hold | Maintains | $15 → $13 | -10.34% | May 4, 2023 |
Financial Forecast
Revenue This Year
109.32M
Revenue Next Year
121.49M
from 109.32M
Increased by 11.13%
EPS This Year
1.34
from 1.16
Increased by 15.19%
EPS Next Year
1.86
from 1.34
Increased by 39.31%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 113.2M | 129.2M | 133.1M |
| Avg | 109.3M | 121.5M | 129.3M |
| Low | 104.4M | 112.9M | 124.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 18.2% | 9.5% |
| Avg | - | 11.1% | 6.4% |
| Low | - | 3.3% | 2.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.39 | 1.99 | 2.05 |
| Avg | 1.34 | 1.86 | 1.99 |
| Low | 1.27 | 1.71 | 1.91 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 19.5% | 49.3% | 10.0% |
| Avg | 15.2% | 39.3% | 6.8% |
| Low | 9.8% | 28.3% | 2.7% |
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.