Meridian Holdings Inc. (MRDN) Stock Analysis

Company Overview

The market values Meridian Holdings Inc. (MRDN) at $137.34M. The company sits in the Consumer Cyclical sector, in the Gambling industry. Headcount on file is 1,200.

MRDN last closed at $10.83 on October 21, 2026. The close was unchanged from the previous session. Over the past 52 weeks the price has ranged from $5.80 to $16.09. The latest close sits 86.85% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to $182.86M. That is +21.01% against the prior fiscal year, when revenue was $151.12M. The same year closed with a net loss of $89.90M. The reported profit margin is −41.41%. That is 44.6 percentage points below the Gambling median of 3.2%. Earnings per share on a trailing basis come to −7.17.

Across the 4 fiscal years on file, revenue moves from $44.17M in 2023 to $182.86M in 2025. Of those 4 years, 1 report positive net income.

Valuation Assessment

No trailing P/E applies: the last reported earnings figure is negative. The price-to-sales ratio is 0.7. On price-to-sales that is 11.99% below the Gambling median of 0.79. 15 Gambling companies report these metrics, and the medians quoted come from that group.

Beta against the wider market is reported at 1.57. Daily returns over the trailing 10 years annualize to a volatility of 181.58%. The trailing one-year total return is −7.72%. Measured over 10 years, that is −27.50% a year compounded.

Growth & Income

The record shows no dividend for MRDN.

So far in 2026 the total return is +12.67%. Across the complete calendar years on file, 2020 returned +818.67% and 2017 returned −99.33%. Of the 9 complete calendar years on file, 2 finished higher.