How to Buy Meridian Stock
Meridian Corp
Meridian Corporation operates as the holding company for Meridian Bank that provides commercial banking products and services in Pennsylvania, New Jersey, Delaware, and Maryland.
Meridian stock last closed at $9.02, up 0.78% from the previous day, and has decreased 4.75% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.24 percentage points. Meridian stock is currently +15.72% from its 52-week low of $7.80, and -36.66% from its 52-week high of $14.24.
At the moment, there are 11.19M MRBK shares outstanding. The market capitalization of MRBK is $100.89M. In the past 24 hours, 6590 MRBK shares were traded.
How to Buy Meridian Stock
Not sure how to invest in Meridian stock? Here's how.
- Choose where to buy Meridian stock: You need to choose an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you choose where to buy Meridian stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Pick your payment method and add your information.
- Analyze Meridian stock: The Meridian ticker symbol is MRBK. Is Meridian stock a good investment? Should you buy shares of MRBK? How do MRBK's underlying business fundamentals look? Do top analysts think Meridian is a good buy? Why has MRBK's stock price moved recently? (Hint: Our stock market research tools can help you understand if MRBK is a good stock to buy).
- Execute your MRBK buy order: Decide if you will purchase MRBK shares at the current market price or use a limit order to purchase MRBK shares at a given price.
- Track your MRBK position: Create a watchlist to watch your new investment in Meridian stock.
Step 1: Choose where to buy Meridian stock
You will need an online brokerage account to access the NASDAQ market and buy MRBK shares.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the best brokerage, you'll need to fill out some personal information so you are able to buy MRBK stock today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to open your new trading account.
- Send your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have filled out your info on the best stock trading app, you need to deposit funds:
Watch the tutorial below for more details depositing funds into your brokerage account.
Step 4: Analyze Meridian stock
Once you have identified the best place to buy Meridian stock, it's very important to analyze their stock prior to buying, so you truly wrap your head around the risk as well as the opportunity.
Meridian stock at a glance
MRBK Due Diligence Checks
WallStreetZen was built to help part-time investors perform better fundamental analysis quickly.
You can see all of the due diligence checks on MRBK's stock page.
Is MRBK stock undervalued?
Investors use many financial metrics, analyses, models, and charts to gauge MRBK's fair value.
Using relative valuations methods:
- MRBK could be undervalued based on its P/E ratio of 7.58x, relative to Banks - Regional industry P/E ratio of -10.31x
- MRBK could be undervalued based on its P/B ratio of 0.64x, relative to Banks - Regional industry P/B ratio of 0.99x
- MRBK could be undervalued based on its PEG ratio of 0.79x
You can do more valuation analysis on MRBK's stock here.
MRBK Financial Health Summary
Signs that MRBK is financially healthy:
- MRBK earnings of $16.97M is not sufficient to cover its interest payments.
Signs that MRBK is not financially healthy:
- Total MRBK debt is higher than 5 years ago, relative to shareholder equity.
- MRBK's operating cash flow of $18.85M allows it to safely service it's debt of $224.73M.
- MRBK has a relatively high debt to equity ratio of 13.21.
- MRBK profit margin has gone down from 20% to 14.1% in the past year.
Is it a good time to buy Meridian stock, according to analysts?
Out of 1 Wall Street analysts who give recommendations on MRBK, the consensus analyst rating on MRBK is a Hold
Please note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Meridian stock forecast page.
Metrics for Advanced MRBK Traders
Is MRBK Growing Revenue?
Last year, MRBK earnings were $13.24M. During the last five year, MRBK's earnings have gone up by 13.21% per year. This was slower than the Banks - Regional industry average of 17.48%.
Last year, MRBK revenue was $94.09M. Over the past five year, MRBK's revenue has gone up by 8.2% per year. This was faster than the Banks - Regional industry average of 7.5%.
You can analyze MRBK's earnings and revenue performance here.
Latest Insiders Trades at MRBK
Over the last 12 months, insiders at MRBK have bought more shares than they have sold.
Robert T. Holland, Director of MRBK, was the latest MRBK insider to buy. They bought $4,900.00 worth of MRBK shares on Mar 13, 2024.
Dig into more about who owns MRBK shares here.
Does MRBK stock generate passive income?
Meridian pays a dividend of 5.54%, compared to the Banks - Regional industry's average dividend yield of 3.86%. If you owned $1,000 of MRBK stock, you would have been paid $55.43 in the past year.
Find more data about Meridian dividend yield and history here.
Get analysis from other traders
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your MRBK buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally sufficient. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular dollar amount limit, place a limit order.
Click the Open Trade button and eToro will place your order.
If you need additional assistance buying stocks on eToro, watch the helpful video below:
Step 6: Track your MRBK position
Now that you own some MRBK shares, you'll want to stay up-to-date on your new stock purchase.
Start a watchlist to get alerted to the latest events about your MRBK stock.
MRBK Feed
How to Buy Stock in Meridian
To summarize, here are the 6 steps you need to take to buy Meridian stock right now:
- Choose where to buy Meridian stock
- Open a brokerage account
- Deposit money your investment account
- Analyze Meridian stock
- Execute your MRBK buy order
- Track your MRBK position
If you require a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get notifications regarding your investment in Meridian, create a watchlist today.
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