NASDAQ:LBAI - Lakeland Bancorp Stock Price, Price Target & More

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$20.55 +0.15 (+0.74 %)
(As of 07/22/2018 10:57 AM ET)
Previous Close$20.55
Today's Range$20.30 - $20.6250
52-Week Range$15.06 - $21.90
Volume66,960 shs
Average Volume80,468 shs
Market Capitalization$975.63 million
P/E Ratio17.42
Dividend Yield2.24%
Beta0.89
Lakeland Bancorp logoLakeland Bancorp, Inc. operates as the bank holding company for Lakeland Bank that provides financial 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. The company also provides consumer banking services, including checking accounts, savings accounts, NOW accounts, money market accounts, certificates of deposit, secured and unsecured loans, consumer installment loans, mortgage loans, and safe deposit services, as well as Internet banking services. In addition, it offers investment and advisory services; and non-deposit products, which include securities brokerage services, including mutual funds and variable annuities. As of January 26, 2018, the company operated 53 branch offices throughout Bergen, Essex, Morris, Ocean, Passaic, Somerset, Sussex, and Union counties in New Jersey; 6 New Jersey regional commercial lending centers in Bernardsville, Jackson, Montville, Newton, Teaneck, and Waldwick; 1 commercial lending center in New York to serve the Hudson Valley region; and 1 commercial loan production office serving Middlesex and Monmouth counties in New Jersey. Lakeland Bancorp, Inc. was founded in 1989 and is headquartered in Oak Ridge, New Jersey.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.48
Current Ratio0.95
Quick Ratio0.95

Price-To-Earnings

Trailing P/E Ratio17.42
Forward P/E Ratio15.00
P/E GrowthN/A

Sales & Book Value

Annual Sales$215.64 million
Price / Sales4.52
Cash Flow$1.3414 per share
Price / Cash15.32
Book Value$12.31 per share
Price / Book1.67

Profitability

EPS (Most Recent Fiscal Year)$1.11
Net Income$52.58 million
Net Margins25.44%
Return on Equity9.69%
Return on Assets1.04%

Miscellaneous

Employees621
Outstanding Shares47,480,000
Market Cap$975.63

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 declared a quarterly dividend on Monday, April 23rd. Shareholders of record on Monday, May 7th will be given a dividend of $0.115 per share on Tuesday, May 15th. This represents a $0.46 annualized dividend and a yield of 2.24%. The ex-dividend date of this dividend is Friday, May 4th. This is a boost from Lakeland Bancorp's previous quarterly dividend of $0.10. View Lakeland Bancorp's Dividend History.

How were Lakeland Bancorp's earnings last quarter?

Lakeland Bancorp, Inc. (NASDAQ:LBAI) announced its earnings results on Wednesday, April, 25th. The financial services provider reported $0.32 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.33 by $0.01. The financial services provider earned $47.57 million during the quarter, compared to the consensus estimate of $47.79 million. Lakeland Bancorp had a return on equity of 9.69% and a net margin of 25.44%. View Lakeland Bancorp's Earnings History.

What price target have analysts set for LBAI?

2 analysts have issued twelve-month price targets for Lakeland Bancorp's shares. Their predictions range from $18.00 to $24.50. On average, they expect Lakeland Bancorp's stock price to reach $21.25 in the next twelve months. This suggests a possible upside of 3.4% from the stock's current price. View Analyst Ratings for Lakeland Bancorp.

What is the consensus analysts' recommendation for Lakeland Bancorp?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lakeland Bancorp in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Who are some of Lakeland Bancorp's key competitors?

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 60)
  • Mr. Thomas F. Splaine Jr., Exec. VP & CFO (Age 52)
  • Mr. Ronald E. Schwarz, Sr. EVP & COO (Age 63)
  • Mr. David S. Yanagisawa, Exec. VP & Sr. Loan Officer (Age 66)
  • Mr. John W. Fredericks, Chairmen Emeritus (Age 81)

Has Lakeland Bancorp been receiving favorable news coverage?

News stories about LBAI stock have trended somewhat positive this week, Accern reports. The research group identifies positive and negative press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Lakeland Bancorp earned a news impact score of 0.12 on Accern's scale. They also assigned media coverage about the financial services provider an impact score of 44.19 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Who are Lakeland Bancorp's major shareholders?

Lakeland Bancorp's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Legacy Advisors LLC (0.09%), Lucas Capital Management (0.06%), Eastern Bank (0.04%) and Xact Kapitalforvaltning AB (0.04%). Company insiders that own Lakeland Bancorp stock include Bruce D Bohuny, David S Yanagisawa, Edward B Deutsch, Joseph Hurley, Mark J Fredericks, Robert A Vandenbergh, Robert K Nicholson III, Stephen R Sr Tilton Sr, Stewart E Mcclure Jr, Stewart E Mcclure, Jr and Timothy J Matteson. View Institutional Ownership Trends 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 Legacy Advisors LLC, Eastern Bank, Lucas Capital Management and Xact Kapitalforvaltning AB. 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, Scottrade, Fidelity and Charles Schwab.

What is Lakeland Bancorp's stock price today?

One share of LBAI stock can currently be purchased for approximately $20.55.

How big of a company is Lakeland Bancorp?

Lakeland Bancorp has a market capitalization of $975.63 million and generates $215.64 million in revenue each year. The financial services provider earns $52.58 million in net income (profit) each year or $1.11 on an earnings per share basis. Lakeland Bancorp employs 621 workers across the globe.

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:  2.1 out of 5 (star star)
Outperform Votes:  130 (Vote Outperform)
Underperform Votes:  182 (Vote Underperform)
Total Votes:  312
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 7/22/2018 by MarketBeat.com Staff

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