Meridian Corporation

NASDAQ: MRBK · Real-Time Price · USD
14.16
-0.25 (-1.73%)
At close: May 16, 2025, 3:59 PM
14.15
-0.07%
After-hours: May 16, 2025, 04:05 PM EDT

Meridian Statistics

Share Statistics

Meridian has 11.29M shares outstanding. The number of shares has increased by 0.89% in one year.

Shares Outstanding 11.29M
Shares Change (YoY) 0.89%
Shares Change (QoQ) 0.4%
Owned by Institutions (%) 59.49%
Shares Floating n/a
Failed to Deliver (FTD) Shares 146
FTD / Avg. Volume 0.24%

Short Selling Information

The latest short interest is 43.88K, so 0.39% of the outstanding shares have been sold short.

Short Interest 43.88K
Short % of Shares Out 0.39%
Short % of Float 0.46%
Short Ratio (days to cover) 1

Valuation Ratios

The PE ratio is 9.32 and the forward PE ratio is 6.49. Meridian's PEG ratio is 0.4.

PE Ratio 9.32
Forward PE 6.49
PS Ratio 1.41
Forward PS 1.2
PB Ratio 0.89
P/FCF Ratio 16.87
PEG Ratio 0.4
Financial Ratio History

Enterprise Valuation

Meridian has an Enterprise Value (EV) of 179.64M.

EV / Sales 1.66
EV / EBITDA 0
EV / EBIT 18.72
EV / FCF 19.9

Financial Position

The company has a current ratio of 0.1, with a Debt / Equity ratio of 0.32.

Current Ratio 0.1
Quick Ratio 0.1
Debt / Equity 0.32
Debt / EBITDA n/a
Debt / FCF 6.06
Interest Coverage 0.26

Financial Efficiency

Return on Equity is 9.53% and Return on Invested Capital is -0.94%.

Return on Equity 9.53%
Return on Assets 0.69%
Return on Invested Capital -0.94%
Revenue Per Employee $336,468.94
Profits Per Employee $50,763.98
Employee Count 322
Asset Turnover 0.05
Inventory Turnover n/a

Taxes

Income Tax 5.44M
Effective Tax Rate 24.97%

Stock Price Statistics

The stock price has increased by 49.21% in the last 52 weeks. The beta is 0.7, so Meridian's price volatility has been higher than the market average.

Beta 0.7
52-Week Price Change 49.21%
50-Day Moving Average 13.76
200-Day Moving Average 13.85
Relative Strength Index (RSI) 55.67
Average Volume (20 Days) 60,003

Income Statement

In the last 12 months, Meridian had revenue of 108.34M and earned 16.35M in profits. Earnings per share was 1.47.

Revenue 108.34M
Gross Profit 108.34M
Operating Income 21.79M
Net Income 16.35M
EBITDA n/a
EBIT -2.3M
Earnings Per Share (EPS) 1.47
Full Income Statement

Balance Sheet

The company has 27.46M in cash and 54.74M in debt, giving a net cash position of -27.28M.

Cash & Cash Equivalents 27.46M
Total Debt 54.74M
Net Cash -27.28M
Retained Earnings 111.96M
Total Assets 2.53B
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 9.6M and capital expenditures -568K, giving a free cash flow of 9.03M.

Operating Cash Flow 9.6M
Capital Expenditures -568K
Free Cash Flow 9.03M
FCF Per Share 0.81
Full Cash Flow Statement

Margins

Gross margin is 100%, with operating and profit margins of 20.11% and 15.09%.

Gross Margin 100%
Operating Margin 20.11%
Pretax Margin 20.11%
Profit Margin 15.09%
EBITDA Margin n/a
EBIT Margin 20.11%
FCF Margin 8.33%

Dividends & Yields

MRBK pays an annual dividend of $0.62, which amounts to a dividend yield of 3.54%.

Dividend Per Share $0.62
Dividend Yield 3.54%
Dividend Growth (YoY) 0%
Payout Ratio 43.1%
Earnings Yield 10.73%
FCF Yield 5.93%
Dividend Details

Analyst Forecast

The average price target for MRBK is $17, which is 20.1% higher than the current price. The consensus rating is "Hold".

Price Target $17
Price Target Difference 20.1%
Analyst Consensus Hold
Analyst Count 2
Stock Forecasts

Stock Splits

The last stock split was on Mar 21, 2023. It was a forward split with a ratio of 2:1.

Last Split Date Mar 21, 2023
Split Type forward
Split Ratio 2:1

Scores

Altman Z-Score 0.18
Piotroski F-Score 4