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

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$15.66 -0.45 (-2.79 %)
(As of 03/20/2019 07:25 AM ET)
Previous Close$16.11
Today's Range$15.65 - $16.19
52-Week Range$13.77 - $21.15
Volume58,381 shs
Average Volume93,467 shs
Market Capitalization$788.32 million
P/E Ratio11.69
Dividend Yield2.86%
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. The company also provides consumer banking services, including checking accounts, savings 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 28, 2019, the company operated 54 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
Current SymbolNASDAQ:LBAI
CUSIP51163710
Phone973-697-2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$235.43 million
Cash Flow$1.5308 per share
Book Value$13.14 per share

Profitability

Net Income$63.40 million

Miscellaneous

Employees652
Market Cap$788.32 million
Next Earnings Date4/24/2019 (Estimated)
OptionableOptionable

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, January 29th. Investors of record on Friday, February 8th will be given a dividend of $0.115 per share on Friday, February 15th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 2.94%. The ex-dividend date of this dividend is Thursday, February 7th. 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 Monday, January, 28th. The financial services provider reported $0.35 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.34 by $0.01. The financial services provider earned $49.83 million during the quarter, compared to analysts' expectations of $49.63 million. Lakeland Bancorp had a net margin of 26.93% and a return on equity of 10.67%. 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, April 24th 2019. View Earnings Estimates for Lakeland Bancorp.

What price target have analysts set for LBAI?

4 brokerages have issued 12 month price objectives for Lakeland Bancorp's stock. Their predictions range from $18.00 to $23.50. On average, they anticipate Lakeland Bancorp's share price to reach $20.50 in the next twelve months. This suggests a possible upside of 30.9% from the stock's current price. View Analyst Price Targets for Lakeland Bancorp.

What is the consensus analysts' recommendation for Lakeland Bancorp?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lakeland Bancorp in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Lakeland Bancorp.

Has Lakeland Bancorp been receiving favorable news coverage?

Media stories about LBAI stock have been trending positive this week, according to InfoTrie. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Lakeland Bancorp earned a coverage optimism score of 2.7 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the stock's share price in the immediate future.

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 CA (CA), Endologix (ELGX), BlackRock (BLK), NIC (EGOV), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), Wendys (WEN), Aegean Marine Petroleum Network (ANW), Continental Resources (CLR) and Transocean (RIG).

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. David S. Yanagisawa, Exec. VP & Sr. Loan Officer (Age 67)
  • Mr. John W. Fredericks, Chairman Emeritus (Age 82)

Who are Lakeland Bancorp's major shareholders?

Lakeland Bancorp's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.92%), Dimensional Fund Advisors LP (6.11%), Banc Funds Co. LLC (2.39%), Geode Capital Management LLC (1.12%), Geode Capital Management LLC (1.12%) and LSV Asset Management (0.82%). Company insiders that own Lakeland Bancorp stock include David S Yanagisawa, Edward B Deutsch, James E Hanson II, Joseph Hurley, Mark J Fredericks, Mary Ann Deacon, Robert A Vandenbergh, Robert K Nicholson III, Stephen R Sr Tilton Sr, Thomas Shara and Timothy J Matteson. View Institutional Ownership Trends for Lakeland Bancorp.

Which institutional investors are selling Lakeland Bancorp stock?

LBAI stock was sold by a variety of institutional investors in the last quarter, including Mendon Capital Advisors Corp, First Trust Advisors LP, Banc Funds Co. LLC, Barclays PLC, MetLife Investment Advisors LLC, Paloma Partners Management Co, New York State Common Retirement Fund and Two Sigma Advisers LP. View Insider Buying and Selling for Lakeland Bancorp.

Which institutional investors are buying Lakeland Bancorp stock?

LBAI stock was bought by a variety of institutional investors in the last quarter, including Hennessy Advisors Inc., Dimensional Fund Advisors LP, BlackRock Inc., LSV Asset Management, American Century Companies Inc., Geode Capital Management LLC, Geode Capital Management LLC and GSA Capital Partners LLP. 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, Scottrade, Fidelity and Charles Schwab.

What is Lakeland Bancorp's stock price today?

One share of LBAI stock can currently be purchased for approximately $15.66.

How big of a company is Lakeland Bancorp?

Lakeland Bancorp has a market capitalization of $788.32 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.

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:  2.2 out of 5 (star star)
Outperform Votes:  186 (Vote Outperform)
Underperform Votes:  236 (Vote Underperform)
Total Votes:  422
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 3/20/2019 by MarketBeat.com Staff

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