How to buy Meridian Corporation stock | $21.24

Meridian Corporation is a banks-regional business based in the US. Meridian Corporation shares (MRBK) are listed on the NASDAQ and all prices are listed in US Dollars.

How to buy shares in Meridian Corporation

1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
3. Search for Meridian Corporation. Find the stock by name or ticker symbol: MRBK. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Meridian Corporation reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At last close price of USD$21.24, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Meridian Corporation, depending on your broker.
6. Check in on your investment. Congratulations, you own a part of Meridian Corporation. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Meridian Corporation share price

Use our graph to track the performance of MRBK stocks over time.

Meridian Corporation shares at a glance

• Key figures

Information last updated 2021-01-15.

Latest market close	USD$21.24
52-week range	USD$10.5201 - USD$24.368
50-day moving average	USD$20.8021
200-day moving average	USD$17.2421
Wall St. target price	USD$25.67
PE ratio	6.3319
Dividend yield	USD$0.5 (2.39%)
Earnings per share (TTM)	USD$3.296

Buy Meridian Corporation shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.

Is it a good time to buy Meridian Corporation stock?

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.

Technical Analysis of Meridian Corporation by TradingView

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.

Meridian Corporation price performance over time

Historical closes compared with the close of $21.24 from 2021-01-11

1 week (2021-01-13)	1.53%
1 month (2020-12-18)	-13.31%
3 months (2020-10-20)	17.41%
6 months (2020-07-20)	45.68%

1 year (2020-01-17)	4.27%
2 years (2019-01-18)	26.43%
3 years (2018-01-19)	6.20%
5 years (2016-01-17)	N/A

Is Meridian Corporation under- or over-valued?

Valuing Meridian Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Meridian Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Meridian Corporation's P/E ratio

Meridian Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 6x. In other words, Meridian Corporation shares trade at around 6x 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 Corporation financials

Revenue TTM	USD$104 million
Operating margin TTM	26.51%
Gross profit TTM	USD$68.5 million
Return on assets TTM	1.43%
Return on equity TTM	16.49%
Profit margin	19.79%
Book value	$21.505
Market capitalisation	USD$131.8 million

TTM: trailing 12 months

Shorting Meridian Corporation shares

There are currently 34,064 Meridian Corporation shares held short by investors – that's known as Meridian Corporation's "short interest". This figure is 10.4% up from 30,844 last month.

There are a few different ways that this level of interest in shorting Meridian Corporation shares can be evaluated.

Meridian Corporation's "short interest ratio" (SIR)

Meridian Corporation's "short interest ratio" (SIR) is the quantity of Meridian Corporation shares currently shorted divided by the average quantity of Meridian Corporation shares traded daily (recently around 24506.474820144). Meridian Corporation's SIR currently stands at 1.39. In other words for every 100,000 Meridian Corporation shares traded daily on the market, roughly 1390 shares are currently held short.

However Meridian Corporation's short interest can also be evaluated against the total number of Meridian Corporation shares, or, against the total number of tradable Meridian Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Meridian Corporation's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Meridian Corporation shares in existence, roughly 10 shares are currently held short) or 0.0064% of the tradable shares (for every 100,000 tradable Meridian Corporation shares, roughly 6 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 Corporation.

Find out more about how you can short Meridian Corporation stock.

Meridian Corporation share dividends

Dividend payout ratio: 7.51% of net profits

Recently Meridian Corporation has paid out, on average, around 7.51% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.39% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Meridian Corporation shareholders could enjoy a 2.39% return on their shares, in the form of dividend payments. In Meridian Corporation's case, that would currently equate to about $0.5 per share.

While Meridian Corporation's payout ratio might seem low, this can signify that Meridian Corporation is investing more in its future growth.

Meridian Corporation's most recent dividend payout was on 23 November 2020. The latest dividend was paid out to all shareholders who bought their shares by 6 November 2020 (the "ex-dividend date").

Meridian Corporation share price volatility

Over the last 12 months, Meridian Corporation's shares have ranged in value from as little as $10.5201 up to $24.368. 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 Corporation's is 0.4768. This would suggest that Meridian Corporation's shares are less volatile than average (for this exchange).

Meridian Corporation overview

Meridian Corporation operates as the bank holding for Meridian Bank that provides commercial banking products and services for small and middle market businesses primarily in southeast Pennsylvania, Delaware, and southern New Jersey. The company offers non-interest and interest checking deposits and time deposits, as well as money market, and savings accounts; and commercial and industrial loans, commercial real estate loans, and consumer and home equity loans, as well as business lines of credit, term loans, small business lending, lease financing, and shared national credits. It also provides cash management, merchant, title and land settlement, mortgage banking, wealth management, investment advisory, and title insurance services, as well as real estate holding services. The company has 6 full-service banking offices in Pennsylvania; and 13 mortgage loan production offices throughout the Delaware Valley. The company was founded in 2004 and is headquartered in Malvern, Pennsylvania.

Frequently asked questions

• What percentage of Meridian Corporation is owned by insiders or institutions?

  Currently 19.176% of Meridian Corporation shares are held by insiders and 42.578% by institutions.

• When does the fiscal year end for Meridian Corporation?

  Meridian Corporation's fiscal year ends in December.

• Where is Meridian Corporation based?

  Meridian Corporation's address is: 9 Old Lincoln Highway, Malvern, PA, United States, 19355

• What is Meridian Corporation's ISIN number?

  Meridian Corporation's international securities identification number is: US58958P1049

• What is Meridian Corporation's CUSIP number?

  Meridian Corporation's Committee on Uniform Securities Identification Procedures number is: 58958P104