Media headlines about Meridian Bancorp (NASDAQ:EBSB) have been trending positive this week, according to Accern. Accern rates the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Meridian Bancorp earned a news impact score of 0.26 on Accern’s scale. Accern also gave press coverage about the savings and loans company an impact score of 46.3296885965578 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Shares of Meridian Bancorp (NASDAQ EBSB) opened at $20.75 on Tuesday. The company has a market capitalization of $1,121.32, a P/E ratio of 25.31 and a beta of 0.22. Meridian Bancorp has a 1-year low of $15.85 and a 1-year high of $21.85. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.23 and a quick ratio of 1.23.

Meridian Bancorp (NASDAQ:EBSB) last released its earnings results on Tuesday, January 23rd. The savings and loans company reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.06. The business had revenue of $48.04 million for the quarter. Meridian Bancorp had a return on equity of 7.96% and a net margin of 20.63%. equities research analysts anticipate that Meridian Bancorp will post 1.12 EPS for the current year.

Several analysts have commented on the company. BidaskClub lowered Meridian Bancorp from a “buy” rating to a “hold” rating in a report on Thursday, December 7th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $24.00 price objective on shares of Meridian Bancorp in a report on Thursday, January 25th.

In other news, Director Marilyn A. Censullo sold 11,929 shares of the firm’s stock in a transaction that occurred on Monday, November 27th. The stock was sold at an average price of $19.95, for a total value of $237,983.55. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Gregory F. Natalucci sold 7,000 shares of the firm’s stock in a transaction that occurred on Monday, January 29th. The shares were sold at an average price of $20.70, for a total value of $144,900.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 49,661 shares of company stock worth $1,009,301. Company insiders own 5.10% of the company’s stock.

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Meridian Bancorp Company Profile

Meridian Bancorp Inc, formerly Meridian Interstate Bancorp, Inc, is a mid-tier stock holding company of East Boston Savings Bank (the Bank). The Bank is a state-chartered stock savings bank that operates from 24 full-service locations and two loan centers in the Boston metropolitan area. East Boston Savings Bank operates eight of its full-service locations and a loan center under the name Mt.

Insider Buying and Selling by Quarter for Meridian Bancorp (NASDAQ:EBSB)

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