Meridian Corporation (MRBK)

Meridian Statistics

Total Valuation

Meridian has a market cap or net worth of $145.87 million. The enterprise value is $302.67 million.

Market Cap	145.87M
Enterprise Value	302.67M

Important Dates

The next estimated earnings date is Friday, April 25, 2025.

Earnings Date	Apr 25, 2025
Ex-Dividend Date	Feb 10, 2025

Share Statistics

Meridian has 11.15 million shares outstanding. The number of shares has decreased by -1.27% in one year.

Current Share Class	11.15M
Shares Outstanding	11.15M
Shares Change (YoY)	-1.27%
Shares Change (QoQ)	+1.26%
Owned by Insiders (%)	12.18%
Owned by Institutions (%)	28.16%
Float	6.09M

Valuation Ratios

The trailing PE ratio is 9.21 and the forward PE ratio is 7.77.

PE Ratio	9.21
Forward PE	7.77
PS Ratio	1.57
Forward PS	1.21
PB Ratio	0.93
P/TBV Ratio	0.89
P/FCF Ratio	16.50
P/OCF Ratio	15.52
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	18.52
EV / Sales	3.00
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	33.52

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	20.40
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 9.92%.

Return on Equity (ROE)	9.92%
Return on Assets (ROA)	0.71%
Return on Invested Capital (ROIC)	n/a
Return on Capital Employed (ROCE)	n/a
Revenue Per Employee	$313,463
Profits Per Employee	$50,764
Employee Count	322
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, Meridian has paid $5.44 million in taxes.

Income Tax	5.44M
Effective Tax Rate	24.97%

Stock Price Statistics

The stock price has increased by +39.55% in the last 52 weeks. The beta is 0.86, so Meridian's price volatility has been lower than the market average.

Beta (5Y)	0.86
52-Week Price Change	+39.55%
50-Day Moving Average	15.35
200-Day Moving Average	13.47
Relative Strength Index (RSI)	27.69
Average Volume (20 Days)	57,433

Short Selling Information

The latest short interest is 42,473, so 0.38% of the outstanding shares have been sold short.

Short Interest	42,473
Short Previous Month	51,423
Short % of Shares Out	0.38%
Short % of Float	0.70%
Short Ratio (days to cover)	0.58

Income Statement

In the last 12 months, Meridian had revenue of $100.94 million and earned $16.35 million in profits. Earnings per share was $1.45.

Revenue	100.94M
Gross Profit	100.94M
Operating Income	21.79M
Pretax Income	13.88M
Net Income	16.35M
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	$1.45

Balance Sheet

The company has $30.43 million in cash and $184.17 million in debt, giving a net cash position of -$153.74 million or -$13.79 per share.

Cash & Cash Equivalents	30.43M
Total Debt	184.17M
Net Cash	-153.74M
Net Cash Per Share	-$13.79
Equity (Book Value)	171.52M
Book Value Per Share	15.44
Working Capital	-2.04B

Cash Flow

In the last 12 months, operating cash flow was $9.60 million and capital expenditures -$568,000, giving a free cash flow of $9.03 million.

Operating Cash Flow	9.60M
Capital Expenditures	-568,000
Free Cash Flow	9.03M
FCF Per Share	$0.81

Margins

Gross Margin	n/a
Operating Margin	21.58%
Pretax Margin	21.58%
Profit Margin	16.19%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	8.95%

Dividends & Yields

This stock pays an annual dividend of $0.50, which amounts to a dividend yield of 3.74%.

Dividend Per Share	$0.50
Dividend Yield	3.74%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	34.48%
Buyback Yield	1.27%
Shareholder Yield	5.00%
Earnings Yield	10.98%
FCF Yield	6.06%

Analyst Forecast

The average price target for Meridian is $16.00, which is 22.32% higher than the current price. The consensus rating is "Buy".

Price Target	$16.00
Price Target Difference	22.32%
Analyst Consensus	Buy
Analyst Count	2
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

The last stock split was on March 21, 2023. It was a forward split with a ratio of 2:1.

Last Split Date	Mar 21, 2023
Split Type	Forward
Split Ratio	2:1

Scores

Altman Z-Score	n/a
Piotroski F-Score	3