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
Target Low Average Median High
Price $13 $13.67 $13 $15
Change +30.39% +37.11% +30.39% +50.45%
* 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 '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 000000
Buy 000000
Hold 333443
Sell 000000
Strong Sell 000000
Total 333443

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Piper Sandler
Piper Sandler
Hold
Downgrades
$14$13
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
More Analyst Ratings

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%
Year 2019202020212022202320242025
Revenue
68.33M127.61M150.03M109.36M94.09M107.06M120.37M
Revenue Growth
7.71%86.76%17.57%-27.10%-13.96%13.78%12.43%
EPS
0.822.142.871.791.161.371.71
EPS Growth
28.35%161.96%34.43%-37.63%-35.20%18.06%24.70%
No. Analysts -----55
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 111.3M 127.6M
Avg 107.1M 120.4M
Low 101.4M 110.9M

Revenue Growth

Revenue Growth 20242025
High
18.3%
19.1%
Avg
13.8%
12.4%
Low
7.8%
3.6%

EPS Forecast

EPS 20242025
High 1.52 1.99
Avg 1.37 1.71
Low 1.17 1.36

EPS Growth

EPS Growth 20242025
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.