Meridian Corporation (MRBK)
NASDAQ: MRBK · IEX Real-Time Price · USD
9.97
+0.02 (0.20%)
Mar 28, 2024, 3:58 PM EDT - Market closed
Meridian Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Meridian stock have an average target of 13.67, with a low estimate of 13 and a high estimate of 15. The average target predicts an increase of 37.11% from the current stock price of 9.97.
Analyst Consensus: Hold
* Price targets were last updated on Jan 29, 2024.
Analyst Ratings
The average analyst rating for Meridian stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
Rating | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 3 | 3 | 3 | 4 | 4 | 3 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 3 | 3 | 3 | 4 | 4 | 3 |
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 | +30.39% | Jan 29, 2024 |
Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $15 → $13 | Hold | Maintains | $15 → $13 | +30.39% | May 4, 2023 |
Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $17 → $15 | Hold | Maintains | $17 → $15 | +50.45% | Apr 6, 2023 |
Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $35 → $17 | Hold | Maintains | $35 → $17 | +70.51% | 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 18.06%
EPS Next Year
1.71
from 1.37
Increased by 24.70%
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 | 1.36 |
EPS Growth
EPS Growth | 2024 | 2025 |
---|---|---|
High | 31.4% | 45.7% |
Avg | 18.1% | 24.7% |
Low | 1.0% | -1.0% |
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.