Meridian Holdings Inc. (MRDN)Consumer Cyclical | Gambling | Las Vegas, United States | NasdaqCM
14.33 USD
+0.25
(1.776%)
⇧
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 4:21 a.m. EDT
This is a distressed turnaround story with severe fundamental headwinds. The company is currently unprofitable, posting a massive loss per share and negative return on equity, while carrying a debt load that exceeds its cash reserves. The balance sheet is fragile, evidenced by a current ratio well below 1.0, suggesting liquidity constraints. While revenue growth is positive, the multi-year price trajectory tells a different story: the stock has lost over 97% of its value since 2016, and the most recent annual performance was a decline. The recent drop off major indices adds to the uncertainty. With no dividend to provide income and a statistical forecast showing a weak bearish lean, there is no clear setup for a quick trade. The long-term outlook remains bleak until profitability is restored and the balance sheet is strengthened. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.476082 |
| AutoETS | 0.476086 |
| AutoTheta | 0.476460 |
| MSTL | 0.483108 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 31% |
| H-stat | 2.11 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.185 |
| Excess Kurtosis | 0.41 |
| Attribute | Value |
|---|---|
| Sector | Consumer Cyclical |
| Debt to Equity Ratio | 37.462 |
| Revenue per Share | 15.847 |
| Market Cap | 181,309,136 |
| Beta | 1.36 |
| Profit Margins | -45.94% |
| Previous Name | MeridianBet Group |
| Website | https://meridian-holdings.com |
As of July 11, 2026, 4:21 a.m. EDT: Options activity is negligible and fragmented. There is virtually no open interest or volume in standard expirations, with only isolated, low-volume contracts at deep out-of-the-money strikes for December. The implied volatility is effectively zero across most strikes, indicating a lack of speculative positioning or hedging activity. The market appears indifferent to near-term directional moves.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.31782943 |
| Address1 | 3,651 Lindell Road |
| Address2 | Suite D555 |
| All Time High | 1,644,299,940,000.0 |
| All Time Low | 1.8 |
| Ask | 14.47 |
| Ask Size | 1 |
| Audit Risk | 9 |
| Average Daily Volume10 Day | 80,070 |
| Average Daily Volume3 Month | 64,027 |
| Average Volume | 64,027 |
| Average Volume10Days | 80,070 |
| Beta | 1.362 |
| Bid | 13.45 |
| Bid Size | 1 |
| Board Risk | 10 |
| Book Value | 3.86 |
| City | Las Vegas |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 7 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 14.33 |
| Current Ratio | 0.572 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 14.84 |
| Day Low | 13.9 |
| Debt To Equity | 37.462 |
| Display Name | Meridian |
| Earnings Timestamp | 1,777,379,400 |
| Earnings Timestamp End | 1,785,241,800 |
| Earnings Timestamp Start | 1,785,241,800 |
| Ebitda | 12,935,980 |
| Ebitda Margins | 0.068 |
| Enterprise To Ebitda | 14.326 |
| Enterprise To Revenue | 0.974 |
| Enterprise Value | 185,320,960 |
| Eps Trailing Twelve Months | -7.56 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 12.3191 |
| Fifty Day Average Change | 2.0108995 |
| Fifty Day Average Change Percent | 0.16323428 |
| Fifty Two Week Change Percent | -31.782944 |
| Fifty Two Week High | 21.96 |
| Fifty Two Week High Change | -7.629999 |
| Fifty Two Week High Change Percent | -0.3474499 |
| Fifty Two Week Low | 5.796 |
| Fifty Two Week Low Change | 8.534 |
| Fifty Two Week Low Change Percent | 1.4723948 |
| Fifty Two Week Range | 5.796 - 21.96 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,256,909,400,000 |
| Float Shares | 2,205,190 |
| Free Cashflow | 4,781,619 |
| Full Exchange Name | NasdaqCM |
| Full Time Employees | 1,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,782,864,000 |
| Gross Margins | 0.56456 |
| Gross Profits | 107,405,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.82391 |
| Held Percent Institutions | 0.040960003 |
| Implied Shares Outstanding | 12,652,417 |
| Industry | Gambling |
| Industry Disp | Gambling |
| Industry Key | gambling |
| 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 | 181,309,136 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1821719827 |
| Most Recent Quarter | 1,774,915,200 |
| Name Change Date | 2,026-07-13 |
| Net Income To Common | -87,405,448 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 181,309,135 |
| Number Of Analyst Opinions | 3 |
| Open | 14.08 |
| Operating Cashflow | 22,773,908 |
| Operating Margins | 0.06301 |
| Overall Risk | 10 |
| Payout Ratio | 0.0 |
| Phone | 702 318 7548 |
| Prev Name | MeridianBet Group |
| Previous Close | 14.08 |
| Price Hint | 2 |
| Price To Book | 3.7124352 |
| Price To Sales Trailing12 Months | 0.95303375 |
| Profit Margins | -0.45944 |
| Quick Ratio | 0.469 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.25 |
| Regular Market Change Percent | 1.77557 |
| Regular Market Day High | 14.84 |
| Regular Market Day Low | 13.9 |
| Regular Market Day Range | 13.9 - 14.84 |
| Regular Market Open | 14.08 |
| Regular Market Previous Close | 14.08 |
| Regular Market Price | 14.33 |
| Regular Market Time | 1,783,972,801 |
| Regular Market Volume | 91,724 |
| Return On Assets | -0.00417 |
| Return On Equity | -1.10014 |
| Revenue Growth | 0.173 |
| Revenue Per Share | 15.847 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Consumer Cyclical |
| Sector Disp | Consumer Cyclical |
| Sector Key | consumer-cyclical |
| Share Holder Rights Risk | 10 |
| Shares Outstanding | 12,652,417 |
| Shares Percent Shares Out | 0.0047999998 |
| Shares Short | 60,144 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 119,739 |
| Short Name | Meridian Holdings Inc. |
| Short Percent Of Float | 0.028099999 |
| Short Ratio | 0.93 |
| 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 | 16,580,882 |
| Total Cash Per Share | 1.31 |
| Total Debt | 18,892,040 |
| Total Revenue | 190,244,192 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -7.56 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 10.07935 |
| Two Hundred Day Average Change | 4.2506495 |
| Two Hundred Day Average Change Percent | 0.4217186 |
| Type Disp | Equity |
| Volume | 91,724 |
| Website | https://meridian-holdings.com |
| Zip | 89,103 |