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Lakeland Bancorp Stock Price, Forecast & Analysis (NASDAQ:LBAI)

$16.74
-0.11 (-0.65 %)
(As of 11/19/2019 08:50 AM ET)
Today's Range
$16.63
Now: $16.74
$16.77
50-Day Range
$15.01
MA: $16.02
$17.03
52-Week Range
$13.77
Now: $16.74
$17.25
Volume170,800 shs
Average Volume110,509 shs
Market Capitalization$845.37 million
P/E Ratio12.49
Dividend Yield2.97%
Beta0.87
Lakeland Bancorp, Inc operates as the bank holding company for Lakeland Bank that provides various banking products and services for individuals and small to medium sized businesses. It offers commercial banking services, including savings, money market, and time accounts, as well as demand deposits; lending solutions, such as short and medium term loans, lines of credit, letters of credit, inventory and accounts receivable financing, real estate construction loans, mortgage loans, small business administration loans, commercial real estate loans, commercial and industrial loans, and equipment financing, as well as merchant credit card services; and Internet banking, mobile banking, wire transfer, night depository, and cash management services. Read More…

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:LBAI
CUSIP51163710
Phone973-697-2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$235.43 million
Cash Flow$1.56 per share
Book Value$13.14 per share

Profitability

Net Income$63.40 million

Miscellaneous

Employees652
Market Cap$845.37 million
Next Earnings Date1/27/2020 (Estimated)
OptionableOptionable

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Lakeland Bancorp (NASDAQ:LBAI) Frequently Asked Questions

What is Lakeland Bancorp's stock symbol?

Lakeland Bancorp trades on the NASDAQ under the ticker symbol "LBAI."

How often does Lakeland Bancorp pay dividends? What is the dividend yield for Lakeland Bancorp?

Lakeland Bancorp announced a quarterly dividend on Tuesday, October 22nd. Shareholders of record on Monday, November 4th will be given a dividend of $0.125 per share on Friday, November 15th. This represents a $0.50 annualized dividend and a yield of 2.99%. The ex-dividend date of this dividend is Friday, November 1st. View Lakeland Bancorp's Dividend History.

How were Lakeland Bancorp's earnings last quarter?

Lakeland Bancorp, Inc. (NASDAQ:LBAI) issued its quarterly earnings data on Thursday, October, 24th. The financial services provider reported $0.37 EPS for the quarter, topping analysts' consensus estimates of $0.35 by $0.02. The financial services provider had revenue of $55.38 million for the quarter, compared to analysts' expectations of $56.27 million. Lakeland Bancorp had a return on equity of 10.13% and a net margin of 24.68%. View Lakeland Bancorp's Earnings History.

When is Lakeland Bancorp's next earnings date?

Lakeland Bancorp is scheduled to release their next quarterly earnings announcement on Monday, January 27th 2020. View Earnings Estimates for Lakeland Bancorp.

What price target have analysts set for LBAI?

3 analysts have issued twelve-month target prices for Lakeland Bancorp's shares. Their forecasts range from $17.00 to $19.00. On average, they anticipate Lakeland Bancorp's share price to reach $18.00 in the next year. This suggests a possible upside of 7.5% from the stock's current price. View Analyst Price Targets for Lakeland Bancorp.

What is the consensus analysts' recommendation for Lakeland Bancorp?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lakeland Bancorp in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Lakeland Bancorp.

What are Wall Street analysts saying about Lakeland Bancorp stock?

Here are some recent quotes from research analysts about Lakeland Bancorp stock:
  • 1. According to Zacks Investment Research, "LAKELAND BANCORP INC. is a bank holding company engaged in general banking business. " (10/29/2019)
  • 2. Boenning Scattergood analysts commented, "We note the company also recently increased the common dividend by 9% (2.9% dividend yield). As such, we believe the risk/reward profile is attractive today with shares trading at a discount to peers on a P/E basis (11.0x 2019E vs. 12.0x). We are upgrading our rating to Outperform and establishing a $19.00 price target." (4/30/2019)

Has Lakeland Bancorp been receiving favorable news coverage?

News articles about LBAI stock have trended very negative recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Lakeland Bancorp earned a daily sentiment score of -3.9 on InfoTrie's scale. They also assigned news coverage about the financial services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for Lakeland Bancorp.

Are investors shorting Lakeland Bancorp?

Lakeland Bancorp saw a decrease in short interest during the month of October. As of October 31st, there was short interest totalling 813,700 shares, a decrease of 14.5% from the September 30th total of 952,200 shares. Based on an average trading volume of 149,100 shares, the days-to-cover ratio is currently 5.5 days. Approximately 1.7% of the shares of the company are sold short. View Lakeland Bancorp's Current Options Chain.

Who are some of Lakeland Bancorp's key competitors?

What other stocks do shareholders of Lakeland Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Lakeland Bancorp investors own include Wendys (WEN), CA (CA), Endologix (ELGX), BlackRock (BLK), NIC (EGOV), Kraft Heinz (KHC), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), General Electric (GE) and Pepco (POM).

Who are Lakeland Bancorp's key executives?

Lakeland Bancorp's management team includes the folowing people:
  • Mr. Thomas J. Shara Jr., Pres, CEO & Director (Age 61)
  • Mr. Thomas F. Splaine Jr., Exec. VP & CFO (Age 53)
  • Mr. Ronald E. Schwarz, Sr. EVP & COO (Age 64)
  • Mr. Timothy J. Matteson, Exec. VP, Chief Admin. Officer, Gen. Counsel & Corp. Sec. (Age 50)
  • Mr. John F. Rath III, Exec. VP & Chief Lending Officer (Age 60)

Who are Lakeland Bancorp's major shareholders?

Lakeland Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Systematic Financial Management LP (2.41%), Foundry Partners LLC (0.68%), Mcrae Capital Management Inc. (0.66%), Hennessy Advisors Inc. (0.55%), Assenagon Asset Management S.A. (0.35%) and California Public Employees Retirement System (0.24%). Company insiders that own Lakeland Bancorp stock include Edward B Deutsch, James E Hanson II, Mark J Fredericks, Mary Ann Deacon, Robert K Nicholson III, Stephen R Sr Tilton Sr and Thomas Shara. View Institutional Ownership Trends for Lakeland Bancorp.

Which major investors are selling Lakeland Bancorp stock?

LBAI stock was sold by a variety of institutional investors in the last quarter, including Mackay Shields LLC, Foundry Partners LLC, Mcrae Capital Management Inc., First Trust Advisors LP, Hennessy Advisors Inc. and Denali Advisors LLC. View Insider Buying and Selling for Lakeland Bancorp.

Which major investors are buying Lakeland Bancorp stock?

LBAI stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Lucas Capital Management, California Public Employees Retirement System, Systematic Financial Management LP, Russell Investments Group Ltd. and Rhumbline Advisers. Company insiders that have bought Lakeland Bancorp stock in the last two years include James E Hanson II, Mary Ann Deacon, Robert K Nicholson III and Thomas Shara. View Insider Buying and Selling for Lakeland Bancorp.

How do I buy shares of Lakeland Bancorp?

Shares of LBAI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Lakeland Bancorp's stock price today?

One share of LBAI stock can currently be purchased for approximately $16.74.

How big of a company is Lakeland Bancorp?

Lakeland Bancorp has a market capitalization of $845.37 million and generates $235.43 million in revenue each year. The financial services provider earns $63.40 million in net income (profit) each year or $1.34 on an earnings per share basis. Lakeland Bancorp employs 652 workers across the globe.View Additional Information About Lakeland Bancorp.

What is Lakeland Bancorp's official website?

The official website for Lakeland Bancorp is http://www.lakelandbank.com/.

How can I contact Lakeland Bancorp?

Lakeland Bancorp's mailing address is 250 OAK RIDGE RD, OAK RIDGE NJ, 07438. The financial services provider can be reached via phone at 973-697-2000.


MarketBeat Community Rating for Lakeland Bancorp (NASDAQ LBAI)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  257 (Vote Outperform)
Underperform Votes:  278 (Vote Underperform)
Total Votes:  535
MarketBeat's community ratings are surveys of what our community members think about Lakeland Bancorp and other stocks. Vote "Outperform" if you believe LBAI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LBAI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/19/2019 by MarketBeat.com Staff

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