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Meridian Bancorp, Inc is a banks-regional business based in the US. Meridian Bancorp shares (EBSB) are listed on the NASDAQ and all prices are listed in US Dollars. Meridian Bancorp employs 464 staff and has a trailing 12-month revenue of around USD$182.9 million.
|Latest market close||USD$15.86|
|52-week range||USD$8.7069 - USD$19.9071|
|50-day moving average||USD$14.2653|
|200-day moving average||USD$12.1268|
|Wall St. target price||USD$15|
|Dividend yield||USD$0.32 (2.17%)|
|Earnings per share (TTM)||USD$1.26|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-01-08)||1.02%|
|1 month (2020-12-15)||7.67%|
|3 months (2020-10-15)||36.49%|
|6 months (2020-07-15)||33.84%|
|1 year (2020-01-15)||-18.25%|
|2 years (2019-01-15)||5.87%|
|3 years (2018-01-12)||21.35|
|5 years (2016-01-15)||25.28%|
Valuing Meridian Bancorp stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Meridian Bancorp's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Meridian Bancorp's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 12x. In other words, Meridian Bancorp shares trade at around 12x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Meridian Bancorp's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.96. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Meridian Bancorp's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
|Revenue TTM||USD$182.9 million|
|Operating margin TTM||47.8%|
|Gross profit TTM||USD$188.8 million|
|Return on assets TTM||0.99%|
|Return on equity TTM||8.77%|
|Market capitalisation||USD$772 million|
TTM: trailing 12 months
There are currently 474,727 Meridian Bancorp shares held short by investors – that's known as Meridian Bancorp's "short interest". This figure is 4.2% up from 455,707 last month.
There are a few different ways that this level of interest in shorting Meridian Bancorp shares can be evaluated.
Meridian Bancorp's "short interest ratio" (SIR) is the quantity of Meridian Bancorp shares currently shorted divided by the average quantity of Meridian Bancorp shares traded daily (recently around 154132.14285714). Meridian Bancorp's SIR currently stands at 3.08. In other words for every 100,000 Meridian Bancorp shares traded daily on the market, roughly 3080 shares are currently held short.
However Meridian Bancorp's short interest can also be evaluated against the total number of Meridian Bancorp shares, or, against the total number of tradable Meridian Bancorp shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Meridian Bancorp's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Meridian Bancorp shares in existence, roughly 10 shares are currently held short) or 0.0094% of the tradable shares (for every 100,000 tradable Meridian Bancorp shares, roughly 9 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Meridian Bancorp.
Find out more about how you can short Meridian Bancorp stock.
Dividend payout ratio: 26.29% of net profits
Recently Meridian Bancorp has paid out, on average, around 26.29% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.17% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Meridian Bancorp shareholders could enjoy a 2.17% return on their shares, in the form of dividend payments. In Meridian Bancorp's case, that would currently equate to about $0.32 per share.
While Meridian Bancorp's payout ratio might seem fairly standard, it's worth remembering that Meridian Bancorp may be investing much of the rest of its net profits in future growth.
Meridian Bancorp's most recent dividend payout was on 5 January 2021. The latest dividend was paid out to all shareholders who bought their shares by 21 December 2020 (the "ex-dividend date").
Meridian Bancorp's shares were split on a 2448:1000 basis on 29 July 2014. So if you had owned 1000 shares the day before before the split, the next day you'd have owned 2448 shares. This wouldn't directly have changed the overall worth of your Meridian Bancorp shares – just the quantity. However, indirectly, the new 59.2% lower share price could have impacted the market appetite for Meridian Bancorp shares which in turn could have impacted Meridian Bancorp's share price.
Over the last 12 months, Meridian Bancorp's shares have ranged in value from as little as $8.7069 up to $19.9071. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Meridian Bancorp's is 0.9171. This would suggest that Meridian Bancorp's shares are less volatile than average (for this exchange).
Meridian Bancorp, Inc. operates as the holding company for East Boston Savings Bank that provides various financial products and services for individuals and businesses primarily in Suffolk, Norfolk, Middlesex, and Essex Counties, Massachusetts. The company accepts various deposit products, including non-interest-bearing demand deposits, such as checking accounts; interest-bearing demand accounts, such as NOW and money market accounts; savings accounts; and certificates of deposit, as well as commercial checking accounts. Its loan portfolio includes commercial real estate loans, which are secured by properties, such as office buildings, industrial facilities, and retail facilities; one- to four-family residential loans, such as mortgage loans that enable borrowers to purchase or refinance existing homes; multi-family real estate loans; construction loans; commercial and industrial loans; home equity lines of credit; and consumer loans, including automobile loans, loans secured by savings or certificate accounts, credit builders, and annuity and overdraft loans. In addition, the company offers non-deposit financial products, such as mutual funds, annuities, stocks, and bonds through third-party broker-dealer; and long-term care insurance products. It is also involved in the securities transactions business. The company operates 42 full-service locations, one mobile branch, and three loan centers. Meridian Bancorp, Inc. was founded in 1848 and is based in Peabody, Massachusetts.
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