Log in

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

$15.54
+0.04 (+0.26 %)
(As of 10/18/2019 04:00 PM ET)
Today's Range
$15.41
Now: $15.54
$15.59
50-Day Range
$14.50
MA: $15.34
$16.21
52-Week Range
$13.77
Now: $15.54
$17.50
Volume100,000 shs
Average Volume142,749 shs
Market Capitalization$784.60 million
P/E Ratio11.60
Dividend Yield3.23%
Beta0.89
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$1.59 per share
Book Value$13.14 per share

Profitability

Net Income$63.40 million

Miscellaneous

Employees652
Market Cap$784.60 million
Next Earnings Date10/24/2019 (Estimated)
OptionableOptionable

Receive LBAI News and Ratings via Email

Sign-up to receive the latest news and ratings for LBAI and its competitors with MarketBeat's FREE daily newsletter.


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 Friday, July 26th. Shareholders 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 annualized dividend and a yield of 3.22%. 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) issued its quarterly earnings data on Friday, July, 26th. The financial services provider reported $0.35 earnings per share (EPS) for the quarter, hitting the Thomson Reuters' consensus estimate of $0.35. The financial services provider earned $55.59 million during the quarter, compared to analyst estimates 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 Wall Street analysts have issued 12-month target prices for Lakeland Bancorp's stock. Their forecasts range from $17.00 to $20.00. On average, they expect Lakeland Bancorp's share price to reach $18.67 in the next year. This suggests a possible upside of 20.1% 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?

Media coverage about LBAI stock has been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Lakeland Bancorp earned a news sentiment score of -1.5 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Lakeland Bancorp.

Are investors shorting Lakeland Bancorp?

Lakeland Bancorp saw a decline in short interest in September. As of September 30th, there was short interest totalling 884,900 shares, a decline of 6.7% from the August 30th total of 948,900 shares. Based on an average daily volume of 169,000 shares, the short-interest ratio is currently 5.2 days. Currently, 1.8% 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 number of of institutional and retail investors. Top institutional investors include Hennessy Advisors Inc. (0.55%), Assenagon Asset Management S.A. (0.35%) and Denali Advisors LLC (0.00%). 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 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 bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A.. 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 $15.54.

How big of a company is Lakeland Bancorp?

Lakeland Bancorp has a market capitalization of $784.60 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:  256 (Vote Outperform)
Underperform Votes:  272 (Vote Underperform)
Total Votes:  528
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 10/19/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel