NASDAQ:LBAI - Lakeland Bancorp Stock Price, News & Analysis

$16.14
-0.07 (-0.43 %)
(As of 09/16/2019 10:20 AM ET)
Today's Range
$15.96
Now: $16.14
$16.15
50-Day Range
$14.4950
MA: $15.25
$16.57
52-Week Range
$13.77
Now: $16.14
$18.80
Volume6,443 shs
Average Volume143,682 shs
Market Capitalization$814.91 million
P/E Ratio12.04
Dividend Yield3.15%
Beta0.9
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$1.6044 per share
Book Value$13.14 per share

Profitability

Net Income$63.40 million

Miscellaneous

Employees652
Market Cap$814.91 million
Next Earnings Date10/24/2019 (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 Friday, July 26th. Investors of record on Monday, August 5th will be given a dividend of $0.125 per share on Thursday, August 15th. This represents a $0.50 dividend on an annualized basis and a yield of 3.10%. The ex-dividend date of this dividend is Friday, August 2nd. View Lakeland Bancorp's Dividend History.

How were Lakeland Bancorp's earnings last quarter?

Lakeland Bancorp, Inc. (NASDAQ:LBAI) announced its quarterly earnings data on Friday, July, 26th. The financial services provider reported $0.35 earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of $0.35. The financial services provider earned $55.59 million during the quarter, compared to analysts' expectations of $56.18 million. Lakeland Bancorp had a net margin of 24.95% and a return on equity of 10.22%. 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 Thursday, October 24th 2019. View Earnings Estimates for Lakeland Bancorp.

What price target have analysts set for LBAI?

3 brokers have issued 1 year price objectives for Lakeland Bancorp's shares. Their predictions range from $17.00 to $20.00. On average, they expect Lakeland Bancorp's share price to reach $18.6667 in the next year. This suggests a possible upside of 15.7% 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. " (8/1/2019)
  • 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?

Press coverage about LBAI stock has trended somewhat positive on Monday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Lakeland Bancorp earned a news sentiment score of 0.9 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Lakeland Bancorp.

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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.10%), Vanguard Group Inc. (4.54%), Cardinal Capital Management LLC CT (2.88%), Banc Funds Co. LLC (2.85%), Northern Trust Corp (2.51%) and Systematic Financial Management LP (2.38%). Company insiders that own Lakeland Bancorp stock include Edward B Deutsch, James E Hanson II, Mark J Fredericks, Mary Ann Deacon, Robert A Vandenbergh, 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 Cardinal Capital Management LLC CT, Vanguard Group Inc., Russell Investments Group Ltd., JCSD Capital LLC, Systematic Financial Management LP, Bank of Montreal Can, First Trust Advisors LP and BNP Paribas Arbitrage SA. View Insider Buying and Selling for Lakeland Bancorp.

Which major investors are buying Lakeland Bancorp stock?

LBAI stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, BlackRock Inc., Citadel Advisors LLC, Morgan Stanley, Acadian Asset Management LLC, Renaissance Technologies LLC, GSA Capital Partners LLP and Wells Fargo & Company MN. 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 $16.14.

How big of a company is Lakeland Bancorp?

Lakeland Bancorp has a market capitalization of $814.91 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:  251 (Vote Outperform)
Underperform Votes:  269 (Vote Underperform)
Total Votes:  520
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 9/16/2019 by MarketBeat.com Staff

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