Meridian (MRBK) Stock Forecast, Price Target & Predictions


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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.

$9 $10 $11 $12 $13 $14 $15 $16 $17 High: $17 Avg: $16 Low: $15 Last Closed Price: $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
Total 1 0 1 Strong Sell Sell Hold Buy Strong Buy

MRBK Forecast vs Benchmarks


TypeNameUpside
StockMeridian-3.09%
SectorFinancial Services Stocks 2.38%
IndustryRegional Banks Stocks7.84%

Price Target Trends


1M3M12M
# Anlaysts--3
Avg Price Target--$15.00
Last Closing Price$16.51$16.51$16.51
Upside/Downside---9.15%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25-11--2
Dec, 24-11--2
Nov, 24111--3
Oct, 24111--3
Sep, 24112--4
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 29, 2024Manuel NavasD.A. Davidson$17.00$13.6424.63%2.97%
Oct 29, 2024Frank SchiraldiPiper Sandler$15.00$13.649.97%-9.15%
Jul 30, 2024Frank SchiraldiPiper Sandler$13.00$11.5812.26%-21.26%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
Oct 29, 2024Piper SandlerNeutralNeutralhold
Jul 30, 2024Piper SandlerNeutralNeutralhold

Financial Forecast


EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 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

$100M $114M $128M $142M $156M $170M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 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

$10M $16M $22M $28M $34M $40M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 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%----

MRBK Forecast FAQ


Is Meridian stock a buy?

Meridian stock has a consensus rating of Hold, based on 1 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 0 Buy, 1 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Meridian is a neutral investment for most analysts.

What is Meridian's price target?

Meridian's price target, set by 1 Wall Street analysts, averages $16 over the next 12 months. The price target range spans from $15 at the low end to $17 at the high end, suggesting a potential -3.09% change from the previous close price of $16.51.

How does Meridian stock forecast compare to the average forecast of its sector, industry, and investment themes?

Meridian stock forecast shows a -3.09% downside, underperforming the average forecast for the financial services stocks sector (2.38%) and underperforming the regional banks stocks industry (7.84%).

What is the breakdown of analyst ratings for Meridian over the past three months?

  • January 2025: 0% Strong Buy, 50.00% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 0% Strong Buy, 50.00% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 33.33% Strong Buy, 33.33% Buy, 33.33% Hold, 0% Sell, 0% Strong Sell.

What is Meridian’s EPS forecast?

Meridian's average annual EPS forecast for its fiscal year ending in December is 1.27 for 2024, a 9.48% increase from the reported $1.16 in 2023. The prediction for 2025 is $1.73, and $2.18 for 2026.

What is Meridian’s revenue forecast?

Meridian's average annual revenue forecast for its fiscal year ending in December is $106.53M for 2024, a -36.69% decrease from the reported $168.27M in 2023. The forecast for 2025 is $117.76M, and $129.77M for 2026.

What is Meridian’s net income forecast?

For its fiscal year ending in December, Meridian's average annual net income forecast is $14.35M for 2024, reflecting an 8.34% increase from the reported $13.24M in 2023. The projection for 2025 is $19.64M, and $24.77M for 2026.