Meridian Holdings Inc.
MRDN
NASDAQ·Consumer Cyclical·Gambling, Resorts & Casinos·Mkt cap $171.3M
$13.55
▲ +0.67%
P/E
-2.10
Mkt Cap
$171.3M
52-Wk Range
$5.80–$16.09
52-Week Range
$5.80 - $16.09
P/E
Fwd P/E
Beta
Div Yield
Avg Vol
Shares Out
Mkt Cap
Price action
Price chart
Up 6.5% over the trailing year
Total returns
Price performance
Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.
Why we rate it this way
The thesis at a glance
Bull and bear case · plain-English context across the five lenses we evaluate.
Bull Case
4 reasons
- Diversified B2B and B2C revenue model reducing single-channel dependency
- Multi-brand portfolio (R Kings, MexPlay, GM-AG) serving different market segments
- Established relationships with gaming operators and content providers
- Technology-driven platform enabling rapid market adaptation and scalability
Bear Case
2 risks
- Above-average volatility (beta 1.5).
- Premium valuation to sector peers
Growth
Turning profitable
Expansion of online gaming and sportsbook legalization across international markets
Value
Premium valuation to sector peers
Momentum
Strong
+10.6% over 3m
Quality
Strong
Solid business
Dividend
None
No dividend
Smart-money signal
Who's buying MRDN right now
Insider Form 4s, 13F institutional filings, and Congressional disclosures - at a glance.
Earnings track record
Recent earnings results
AI-summarized recap of last quarter, plus the surprise on every print.
Next: Oct 29, 2026
JUL 29, 2026
Reported EPS of $0.17 vs $0.17 consensus (+1.5% surprise). Revenue of $50.2M vs $51.7M expected (-3.0%).
EPS surprise · last 4Q
1 of 1 beats
Estimate
Actual
Q3 26
+1.5%
Revenue trend · last 8Q
—
—
—
+10%
+15%
+8%
+17%
+16%
Q3 24
Q4 24
Q1 25
Q2 25
Q3 25
Q4 25
Q1 26
Q2 26
$41.0M
$45.9M
$42.7M
$43.2M
$47.3M
$49.6M
$50.1M
$50.2M
Margins · last 8Q
Gross
53.5%
Operating
4.9%
Profit
3.9%
Wall Street consensus
Analyst coverage
Live ratings and price targets aggregated across covering analysts.
vs Industry
How MRDN stacks vs Gambling, Resorts & Casinos
Stock metrics vs industry averages. Green = better than industry.
Industry comparison data unavailable for this stock.