Meridian (MRBK) Stock Forecast, Price Target & Predictions
MRBK Stock Forecast
Meridian (MRBK) stock forecast, based on 1 Wall Street analysts, predicts a 12-month average price target of $16.00, with a high of $17.00 and a low of $15.00. This represents a -3.09% decline from the last price of $16.51.
MRBK Stock Rating
Meridian stock's rating consensus is Hold, based on 1 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 0 Buy (0.00%), 1 Hold (100.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).
Hold
MRBK Forecast vs Benchmarks
Type | Name | Upside |
---|---|---|
Stock | Meridian | -3.09% |
Sector | Financial Services Stocks | 2.38% |
Industry | Regional Banks Stocks | 7.84% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 3 |
Avg Price Target | - | - | $15.00 |
Last Closing Price | $16.51 | $16.51 | $16.51 |
Upside/Downside | - | - | -9.15% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Jan, 25 | - | 1 | 1 | - | - | 2 |
Dec, 24 | - | 1 | 1 | - | - | 2 |
Nov, 24 | 1 | 1 | 1 | - | - | 3 |
Oct, 24 | 1 | 1 | 1 | - | - | 3 |
Sep, 24 | 1 | 1 | 2 | - | - | 4 |
Latest Price Target by Analysts
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 | $17.00 | $13.64 | 24.63% | 2.97% |
Oct 29, 2024 | Frank Schiraldi | Piper Sandler | $15.00 | $13.64 | 9.97% | -9.15% |
Jul 30, 2024 | Frank Schiraldi | Piper Sandler | $13.00 | $11.58 | 12.26% | -21.26% |
Latest Upgrade/Downgrade by Analysts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Oct 29, 2024 | Piper Sandler | Neutral | Neutral | hold |
Jul 30, 2024 | Piper Sandler | Neutral | Neutral | hold |
Financial Forecast
EPS Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
---|---|---|---|---|---|---|---|
Reported | $2.16 | $2.96 | $0.93 | $1.16 | - | - | - |
Avg Forecast | $1.59 | $2.76 | $1.83 | $1.42 | $1.27 | $1.73 | $2.18 |
High Forecast | $1.58 | $2.74 | $1.80 | $1.40 | $1.21 | $1.71 | $2.16 |
Low Forecast | $1.61 | $2.79 | $1.85 | $1.43 | $1.31 | $1.74 | $2.19 |
Surprise % | 35.85% | 7.25% | -49.18% | -18.31% | - | - | - |
Revenue Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
---|---|---|---|---|---|---|---|
Reported | $134.09M | $151.10M | $111.85M | $168.27M | - | - | - |
Avg Forecast | $123.36M | $150.73M | $112.99M | $100.84M | $106.53M | $117.76M | $129.77M |
High Forecast | $122.47M | $149.63M | $111.92M | $100.21M | $105.87M | $117.03M | $128.96M |
Low Forecast | $124.26M | $151.82M | $114.06M | $101.46M | $107.18M | $118.49M | $130.57M |
Surprise % | 8.69% | 0.25% | -1.01% | 66.88% | - | - | - |
Net Income Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
---|---|---|---|---|---|---|---|
Reported | $26.44M | $35.59M | $21.83M | $13.24M | - | - | - |
Avg Forecast | $25.61M | $24.80M | $24.38M | $13.24M | $14.35M | $19.64M | $24.77M |
High Forecast | $20.49M | $19.84M | $19.51M | $10.59M | $13.72M | $19.48M | $24.57M |
Low Forecast | $30.73M | $29.76M | $29.26M | $15.89M | $14.97M | $19.80M | $24.97M |
Surprise % | 3.23% | 43.47% | -10.47% | - | - | - | - |