Meridian (MRBK) Stock Forecast, Price Target & Predictions
MRBK Stock Forecast
Meridian stock forecast is as follows: an average price target of $16.00 (represents a 10.34% upside from MRBK’s last price of $14.50) and a rating consensus of 'Hold', based on 1 wall street analysts offering a 1-year stock forecast.
MRBK Price Target
The average price target for Meridian (MRBK) is $16.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $17.00 to $15.00. This represents a potential 10.34% upside from MRBK's last price of $14.50.
MRBK Analyst Ratings
According to 1 Wall Street analysts, Meridian's rating consensus is 'Hold'. The analyst rating breakdown for MRBK stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 1 'Hold' (100.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Meridian Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 29, 2024 | Manuel Navas | D.A. Davidson | - | - | 24.63% | 17.24% |
| Oct 29, 2024 | Frank Schiraldi | Piper Sandler | - | - | 9.97% | 3.45% |
| Jul 30, 2024 | Frank Schiraldi | Piper Sandler | - | - | 12.26% | -10.34% |
The latest Meridian stock forecast, released on Oct 29, 2024 by Manuel Navas from D.A. Davidson, set a price target of $17.00, which represents a 24.63% increase from the stock price at the time of the forecast ($13.64), and a 17.24% increase from MRBK last price ($14.50).
Meridian Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 2 | 3 |
| Avg Price Target | $16.00 | $16.00 | $15.00 |
| Last Closing Price | $14.50 | $14.50 | $14.50 |
| Upside/Downside | 10.34% | 10.34% | 3.45% |
In the current month, the average price target of Meridian stock is $16.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 10.34% increase as opposed to Meridian's last price of $14.50. This month's average price target is down 0.00% compared to last quarter, and up 6.67% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 29, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Jul 30, 2024 | Piper Sandler | Neutral | Neutral | Hold |
Meridian's last stock rating was published by Piper Sandler on Oct 29, 2024. The company gave MRBK a "Neutral" rating, the same as its previous rate.
Meridian Financial Forecast
Meridian Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $43.72M | $25.31M | $26.22M | $24.32M | $26.51M | $28.25M | $27.95M | $29.14M | $33.41M | $38.38M | $37.14M | $42.17M | $46.06M | $41.28M | $29.96M | $18.95M | $17.87M | $18.33M |
| Avg Forecast | $32.54M | $32.92M | $31.44M | $29.82M | $30.77M | $31.31M | $29.92M | $27.11M | $27.27M | $26.54M | $25.66M | $23.99M | $24.47M | $26.76M | $26.52M | $25.78M | $27.86M | $28.53M | $30.63M | $29.36M | $32.59M | $35.94M | $34.31M | $31.05M | $31.34M | $33.02M | $20.75M | $17.41M | $17.40M | $17.27M |
| High Forecast | $32.86M | $33.25M | $31.75M | $30.11M | $31.08M | $31.62M | $30.22M | $27.37M | $27.54M | $26.63M | $25.66M | $23.99M | $24.71M | $27.31M | $26.78M | $26.04M | $28.14M | $28.53M | $30.63M | $29.36M | $32.59M | $35.94M | $34.31M | $31.05M | $31.34M | $33.02M | $20.75M | $17.41M | $17.40M | $17.27M |
| Low Forecast | $32.22M | $32.60M | $31.13M | $29.53M | $30.47M | $31.00M | $29.63M | $26.84M | $27.00M | $26.45M | $25.66M | $23.99M | $24.23M | $26.39M | $26.26M | $25.53M | $27.59M | $28.53M | $30.63M | $29.36M | $32.59M | $35.94M | $34.31M | $31.05M | $31.34M | $33.02M | $20.75M | $17.41M | $17.40M | $17.27M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 16 | 8 | 11 | 7 | 11 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.79% | 0.95% | 0.99% | 0.94% | 0.95% | 0.99% | 0.91% | 0.99% | 1.03% | 1.07% | 1.08% | 1.36% | 1.47% | 1.25% | 1.44% | 1.09% | 1.03% | 1.06% |
Meridian's average Quarter revenue forecast for Mar 24 based on 1 analysts is $23.99M, with a low forecast of $23.99M, and a high forecast of $23.99M. MRBK's average Quarter revenue forecast represents a -45.11% decrease compared to the company's last Quarter revenue of $43.72M (Dec 23).
Meridian EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 16 | 8 | 11 | 7 | 11 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $5.21M | $5.90M | $18.40M | $14.97M | $11.72M | $11.66M | $9.56M | $15.94M | $12.84M | $12.20M | $13.88M | $13.70M | $14.44M | $10.42M | $7.56M | $8.44M | $9.63M |
| Avg Forecast | $1.40M | $1.42M | $1.35M | $1.28M | $1.32M | $1.35M | $1.29M | $1.17M | $1.17M | $1.14M | $1.10M | $11.40M | $1.05M | $1.15M | $1.14M | $10.37M | $12.65M | $6.63M | $7.12M | $8.20M | $7.58M | $8.36M | $7.98M | $8.04M | $7.29M | $7.68M | $4.82M | $5.08M | $4.04M | $4.01M |
| High Forecast | $1.41M | $1.43M | $1.37M | $1.30M | $1.34M | $1.36M | $1.30M | $1.18M | $1.18M | $1.15M | $1.10M | $13.69M | $1.06M | $1.17M | $1.15M | $12.44M | $15.19M | $6.63M | $7.12M | $9.84M | $7.58M | $8.36M | $7.98M | $9.65M | $7.29M | $7.68M | $4.82M | $6.10M | $4.04M | $4.01M |
| Low Forecast | $1.39M | $1.40M | $1.34M | $1.27M | $1.31M | $1.33M | $1.27M | $1.15M | $1.16M | $1.14M | $1.10M | $9.12M | $1.04M | $1.14M | $1.13M | $8.29M | $10.12M | $6.63M | $7.12M | $6.56M | $7.58M | $8.36M | $7.98M | $6.44M | $7.29M | $7.68M | $4.82M | $4.07M | $4.04M | $4.01M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.53% | 5.17% | 1.77% | 1.18% | 1.77% | 1.64% | 1.17% | 2.10% | 1.54% | 1.53% | 1.73% | 1.88% | 1.88% | 2.16% | 1.49% | 2.09% | 2.40% |
1 analysts predict MRBK's average Quarter EBITDA for Dec 23 to be $1.05M, with a high of $1.06M and a low of $1.04M. This is -79.80% lower than Meridian's previous annual EBITDA (Sep 23) of $5.21M.
Meridian Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 16 | 8 | 11 | 7 | 11 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $571.00K | $4.00M | $4.64M | $4.02M | $4.56M | $5.80M | $5.94M | $5.54M | $7.72M | $9.44M | $8.26M | $10.17M | $9.00M | $9.21M | $5.71M | $2.52M | $3.14M | $3.32M |
| Avg Forecast | $5.28M | $5.95M | $5.50M | $5.17M | $5.73M | $5.79M | $5.11M | $3.82M | $3.93M | $3.93M | $3.52M | $6.60M | $3.18M | $4.23M | $4.31M | $6.00M | $6.13M | $4.52M | $5.17M | $4.74M | $5.41M | $6.34M | $6.45M | $5.89M | $4.66M | $3.94M | $1.30M | $1.69M | $2.14M | $2.29M |
| High Forecast | $5.35M | $6.03M | $5.58M | $5.23M | $5.80M | $5.86M | $5.18M | $3.87M | $4.04M | $3.95M | $3.52M | $7.92M | $3.22M | $4.45M | $4.36M | $7.20M | $7.35M | $4.52M | $5.17M | $5.69M | $5.41M | $6.34M | $6.45M | $7.07M | $4.66M | $3.94M | $1.30M | $2.03M | $2.14M | $2.29M |
| Low Forecast | $5.21M | $5.88M | $5.43M | $5.10M | $5.66M | $5.71M | $5.05M | $3.77M | $3.82M | $3.92M | $3.52M | $5.28M | $3.14M | $3.90M | $4.25M | $4.80M | $4.90M | $4.52M | $5.17M | $3.80M | $5.41M | $6.34M | $6.45M | $4.71M | $4.66M | $3.94M | $1.30M | $1.35M | $2.14M | $2.29M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.18% | 0.95% | 1.08% | 0.67% | 0.74% | 1.28% | 1.15% | 1.17% | 1.43% | 1.49% | 1.28% | 1.73% | 1.93% | 2.34% | 4.39% | 1.49% | 1.47% | 1.45% |
Meridian's average Quarter net income forecast for Mar 24 is $6.60M, with a range of $5.28M to $7.92M. MRBK's average Quarter net income forecast represents a 1056.16% increase compared to the company's last Quarter net income of $571.00K (Dec 23).
Meridian SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 16 | 8 | 11 | 7 | 11 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $13.27M | $13.24M | $11.92M | $13.79M | $14.53M | $14.12M | $16.28M | $19.31M | $21.57M | $22.12M | $23.96M | $27.57M | $22.08M | $17.83M | $11.29M | $10.91M | $10.72M |
| Avg Forecast | $18.95M | $19.18M | $18.31M | $17.37M | $17.93M | $18.24M | $17.43M | $15.79M | $15.89M | $15.46M | $14.94M | $20.84M | $14.25M | $15.59M | $15.45M | $18.95M | $15.33M | $14.41M | $15.47M | $14.98M | $16.45M | $18.15M | $17.32M | $13.89M | $15.82M | $16.68M | $10.48M | $7.59M | $8.78M | $8.72M |
| High Forecast | $19.14M | $19.37M | $18.49M | $17.54M | $18.10M | $18.42M | $17.60M | $15.94M | $16.04M | $15.51M | $14.94M | $25.01M | $14.39M | $15.91M | $15.60M | $22.73M | $18.40M | $14.41M | $15.47M | $17.97M | $16.45M | $18.15M | $17.32M | $16.66M | $15.82M | $16.68M | $10.48M | $9.11M | $8.78M | $8.72M |
| Low Forecast | $18.77M | $18.99M | $18.13M | $17.20M | $17.75M | $18.06M | $17.26M | $15.63M | $15.73M | $15.41M | $14.94M | $16.67M | $14.11M | $15.37M | $15.30M | $15.16M | $12.26M | $14.41M | $15.47M | $11.98M | $16.45M | $18.15M | $17.32M | $11.11M | $15.82M | $16.68M | $10.48M | $6.07M | $8.78M | $8.72M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.85% | 0.86% | 0.63% | 0.90% | 1.01% | 0.91% | 1.09% | 1.17% | 1.19% | 1.28% | 1.73% | 1.74% | 1.32% | 1.70% | 1.49% | 1.24% | 1.23% |
Meridian's average Quarter SG&A projection for Dec 23 is $14.25M, based on 1 Wall Street analysts, with a range of $14.11M to $14.39M. The forecast indicates a 7.42% rise compared to MRBK last annual SG&A of $13.27M (Sep 23).
Meridian EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 16 | 8 | 11 | 7 | 11 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.05 | $0.36 | $0.42 | $0.36 | $0.40 | $0.50 | $0.50 | $0.46 | $1.29 | $1.56 | $1.37 | $1.70 | $1.50 | $1.51 | $0.94 | $0.39 | $0.49 | $0.52 |
| Avg Forecast | $0.47 | $0.53 | $0.49 | $0.46 | $0.51 | $0.52 | $0.46 | $0.34 | $0.35 | $0.35 | $0.31 | $0.24 | $0.28 | $0.38 | $0.38 | $0.32 | $0.45 | $0.41 | $0.46 | $0.39 | $0.48 | $0.57 | $0.58 | $0.56 | $0.42 | $0.35 | $0.12 | $0.12 | $0.19 | $0.20 |
| High Forecast | $0.48 | $0.54 | $0.50 | $0.47 | $0.52 | $0.52 | $0.46 | $0.34 | $0.36 | $0.35 | $0.31 | $0.24 | $0.29 | $0.40 | $0.39 | $0.33 | $0.46 | $0.41 | $0.46 | $0.39 | $0.48 | $0.57 | $0.58 | $0.56 | $0.42 | $0.35 | $0.12 | $0.12 | $0.19 | $0.20 |
| Low Forecast | $0.46 | $0.52 | $0.48 | $0.45 | $0.50 | $0.51 | $0.45 | $0.34 | $0.34 | $0.35 | $0.31 | $0.24 | $0.28 | $0.35 | $0.38 | $0.32 | $0.45 | $0.41 | $0.46 | $0.39 | $0.48 | $0.57 | $0.58 | $0.56 | $0.42 | $0.35 | $0.12 | $0.12 | $0.19 | $0.20 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.18% | 0.96% | 1.10% | 1.11% | 0.89% | 1.23% | 1.08% | 1.19% | 2.66% | 2.74% | 2.37% | 3.04% | 3.59% | 4.27% | 8.06% | 3.39% | 2.56% | 2.54% |
According to 1 Wall Street analysts, Meridian's projected average Quarter EPS for Mar 24 is $0.24, with a low estimate of $0.24 and a high estimate of $0.24. This represents a 377.12% increase compared to MRBK previous annual EPS of $0.05 (Dec 23).