Meridian Holdings Inc. (MRDN)Communication Services | Electronic Gaming & Multimedia | Las Vegas, United States | NasdaqCM
6.22 USD
+6.22
(-2.660%)
⇧
(April 20, 2026, 4 p.m.
EDT)
Short-term: ★★★☆☆ | Long-term: ★★☆☆☆ | Dividends: ☆☆☆☆☆ |
Hot Take | April 18, 2026, 10:28 p.m. EDT
Meridian Holdings remains a high-risk, low-liquidity speculative name despite 'strong buy' analyst ratings, driven by poor execution history and recent insider selling. Fundamentals deteriorate with negative earnings, high debt-to-equity (48.4%), and shrinking market cap. While operating cash flow is positive, the lack of dividends and the recent news of insider exits suggest the stock is currently value-neutral to bearish, trading far below analyst targets due to persistent concerns about the company's trajectory under its new ticker and industry struggles. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.115017 |
| MSTL | 0.115209 |
| AutoTheta | 0.193614 |
| AutoARIMA | 0.333744 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 80% |
| H-stat | 0.78 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.829 |
| Excess Kurtosis | -0.41 |
| Attribute | Value |
|---|---|
| Sector | Communication Services |
| Debt to Equity Ratio | 48.398 |
| Revenue per Share | 15.779 |
| Market Cap | 78,521,032 |
| Beta | 0.22 |
| Profit Margins | -49.16% |
| Previous Name | MeridianBet Group |
| Website | https://meridian-holdings.com |
As of April 18, 2026, 10:28 p.m. EDT: Options market shows high imactivity with negligible volume in calls for the immediate future. The closest expiration (April 17) has minimal positioning with low implied volatility (17.84%). For the further out September 18 date, implied volatility is extremely low (0.91%-1.38%), and positioning is split between deep ITM puts (at 5.0 strike) and ATM/OTM strikes, suggesting a neutral or low-liquidity environment rather than a strong directional bet. The lack of significant put-writing or call-buying pressure indicates a wait-and-see stance among speculators.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.7555032 |
| Address1 | 3,651 Lindell Road |
| Address2 | Suite D555 |
| All Time High | 1,644,299,940,000.0 |
| All Time Low | 1.8 |
| Ask | 8.82 |
| Ask Size | 1 |
| Audit Risk | 9 |
| Average Analyst Rating | 1.5 - Strong Buy |
| Average Daily Volume10 Day | 19,950 |
| Average Daily Volume3 Month | 23,334 |
| Average Volume | 23,334 |
| Average Volume10Days | 19,950 |
| Beta | 0.219 |
| Bid | 6.23 |
| Bid Size | 2 |
| Board Risk | 10 |
| Book Value | 3.687 |
| City | Las Vegas |
| Compensation As Of Epoch Date | 1,735,603,200 |
| Compensation Risk | 7 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 6.22 |
| Current Ratio | 0.595 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,774,915,200 |
| Day High | 6.575 |
| Day Low | 6.165 |
| Debt To Equity | 48.398 |
| Display Name | Meridian |
| Earnings Timestamp | 1,774,960,200 |
| Earnings Timestamp End | 1,778,761,800 |
| Earnings Timestamp Start | 1,778,761,800 |
| Ebitda | 10,800,596 |
| Ebitda Margins | 0.05906 |
| Enterprise To Ebitda | 7.896 |
| Enterprise To Revenue | 0.466 |
| Enterprise Value | 85,276,344 |
| Eps Trailing Twelve Months | -7.76 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 7.66238 |
| Fifty Day Average Change | -1.4423804 |
| Fifty Day Average Change Percent | -0.18824182 |
| Fifty Two Week Change Percent | -75.550316 |
| Fifty Two Week High | 26.52 |
| Fifty Two Week High Change | -20.300001 |
| Fifty Two Week High Change Percent | -0.7654601 |
| Fifty Two Week Low | 5.796 |
| Fifty Two Week Low Change | 0.4239998 |
| Fifty Two Week Low Change Percent | 0.07315386 |
| Fifty Two Week Range | 5.796 - 26.52 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,256,909,400,000 |
| Float Shares | 2,045,839 |
| Free Cashflow | 2,915,154 |
| Full Exchange Name | NasdaqCM |
| Full Time Employees | 1,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,775,001,600 |
| Gross Margins | 0.56576 |
| Gross Profits | 103,456,720 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.8323 |
| Held Percent Institutions | 0.04059 |
| Implied Shares Outstanding | 12,623,961 |
| Industry | Electronic Gaming & Multimedia |
| Industry Disp | Electronic Gaming & Multimedia |
| Industry Key | electronic-gaming-multimedia |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,772,496,000 |
| Last Split Factor | 1:12 |
| Long Business Summary | Meridian Holdings Inc., a business-to-business and business-to-consumer gaming technology company, provides casino, sportsbook, and competition products in Central and South America, Europe, and Africa. It develops and licenses gaming platforms; and provides online sports betting and gaming operations under various brands, including Meridianbet, Expanse Studios, MexPlay, R Kings Competitions, Classics For A Cause, and GMAG. Meridian Holdings Inc. is based in Las Vegas, Nevada. |
| Long Name | Meridian Holdings Inc. |
| Market | us_market |
| Market Cap | 78,521,032 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1821719827 |
| Most Recent Quarter | 1,767,139,200 |
| Name Change Date | 2,026-04-20 |
| Net Income To Common | -89,897,848 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 79,025,995 |
| Number Of Analyst Opinions | 3 |
| Open | 6.39 |
| Operating Cashflow | 25,358,108 |
| Operating Margins | -0.03129 |
| Overall Risk | 10 |
| Payout Ratio | 0.0 |
| Phone | 702 318 7548 |
| Prev Name | MeridianBet Group |
| Previous Close | 0.0 |
| Price Hint | 2 |
| Price To Book | 1.6870084 |
| Price To Sales Trailing12 Months | 0.42939726 |
| Profit Margins | -0.49161 |
| Quick Ratio | 0.491 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.5 |
| Region | US |
| Regular Market Change | 6.22 |
| Regular Market Change Percent | -2.66041 |
| Regular Market Day High | 6.575 |
| Regular Market Day Low | 6.165 |
| Regular Market Day Range | 6.165 - 6.575 |
| Regular Market Open | 6.39 |
| Regular Market Previous Close | 0.0 |
| Regular Market Price | 6.22 |
| Regular Market Time | 1,776,715,201 |
| Regular Market Volume | 18,878 |
| Return On Assets | -0.016390001 |
| Return On Equity | -1.16959 |
| Revenue Growth | 0.081 |
| Revenue Per Share | 15.779 |
| Sand P52 Week Change | 0.34445214 |
| Sector | Communication Services |
| Sector Disp | Communication Services |
| Sector Key | communication-services |
| Share Holder Rights Risk | 10 |
| Shares Outstanding | 12,623,961 |
| Shares Percent Shares Out | 0.010299999 |
| Shares Short | 129,876 |
| Shares Short Previous Month Date | 1,770,940,800 |
| Shares Short Prior Month | 104,266 |
| Short Name | Meridian Holdings Inc. |
| Short Percent Of Float | 0.048 |
| Short Ratio | 5.4 |
| Source Interval | 15 |
| State | NV |
| Symbol | MRDN |
| Target High Price | 26.0 |
| Target Low Price | 16.2 |
| Target Mean Price | 19.73333 |
| Target Median Price | 17.0 |
| Total Cash | 18,432,722 |
| Total Cash Per Share | 1.46 |
| Total Debt | 23,394,732 |
| Total Revenue | 182,863,376 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | NaN |
| Trailing Eps | -7.76 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 11.432495 |
| Two Hundred Day Average Change | -5.2124953 |
| Two Hundred Day Average Change Percent | -0.45593682 |
| Type Disp | Equity |
| Volume | 18,878 |
| Website | https://meridian-holdings.com |
| Zip | 89,103 |