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

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$20.45 +0.10 (+0.49 %)
(As of 06/18/2018 04:00 PM ET)
Previous Close$20.35
Today's Range$20.20 - $20.55
52-Week Range$15.06 - $21.90
Volume438,300 shs
Average Volume118,997 shs
Market Capitalization$966.13 million
P/E Ratio18.31
Dividend Yield2.26%
Beta0.85

About Lakeland Bancorp (NASDAQ:LBAI)

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

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 Ratio18.31
Forward P/E Ratio14.93
P/E GrowthN/A

Sales & Book Value

Annual Sales$215.64 million
Price / Sales4.50
Cash Flow$1.3481 per share
Price / Cash15.17
Book Value$12.31 per share
Price / Book1.66

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

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. Stockholders of record on Monday, May 7th will be paid a dividend of $0.115 per share on Tuesday, May 15th. This represents a $0.46 annualized dividend and a dividend yield of 2.25%. 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 (EPS) for the quarter, missing the consensus estimate of $0.33 by $0.01. The financial services provider earned $47.57 million during the quarter, compared to analyst estimates 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.

When is Lakeland Bancorp's next earnings date?

Lakeland Bancorp is scheduled to release their next quarterly earnings announcement on Wednesday, July, 18th 2018. View Earnings Estimates for Lakeland Bancorp.

What price target have analysts set for LBAI?

2 equities research analysts have issued 1 year target prices for Lakeland Bancorp's stock. Their forecasts range from $18.00 to $24.50. On average, they expect Lakeland Bancorp's share price to reach $21.25 in the next twelve months. View Analyst Ratings for Lakeland Bancorp.

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, Pres (Age 81)

Has Lakeland Bancorp been receiving favorable news coverage?

Headlines about LBAI stock have trended somewhat positive on Monday, Accern Sentiment Analysis reports. Accern ranks the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Lakeland Bancorp earned a coverage optimism score of 0.14 on Accern's scale. They also assigned news articles about the financial services provider an impact score of 47.14 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Who are Lakeland Bancorp's major shareholders?

Lakeland Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.29%), Dimensional Fund Advisors LP (5.35%), Cardinal Capital Management LLC CT (4.29%), Banc Funds Co. LLC (3.08%), Northern Trust Corp (2.66%) and Systematic Financial Management LP (2.00%). 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 selling Lakeland Bancorp stock?

LBAI stock was sold by a variety of institutional investors in the last quarter, including Systematic Financial Management LP, Banc Funds Co. LLC, Pinnacle Associates Ltd., Mcrae Capital Management Inc., JPMorgan Chase & Co., BNP Paribas Arbitrage SA, NEXT Financial Group Inc and Vantage Investment Advisors LLC. Company insiders that have sold Lakeland Bancorp company stock in the last year include Edward B Deutsch, Mark J Fredericks, Robert A Vandenbergh, Robert K Nicholson III and Stephen R Sr Tilton Sr. 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 Principal Financial Group Inc., Principal Financial Group Inc., Millennium Management LLC, Highlander Capital Management LLC, Dimensional Fund Advisors LP, Guggenheim Capital LLC, Cardinal Capital Management LLC CT and Thrivent Financial for Lutherans. 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 $20.45.

How big of a company is Lakeland Bancorp?

Lakeland Bancorp has a market capitalization of $966.13 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 (LBAI)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  122 (Vote Outperform)
Underperform Votes:  174 (Vote Underperform)
Total Votes:  296
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 6/18/2018 by MarketBeat.com Staff

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