S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Is AMC Entertainment Pulling a Fast One on the APEs?
The Incredible Dividend Map... Where Stocks Yield 26% a Year! (Ad)pixel
Boredom, loneliness plague Ukrainian youth near front line
Here is a Simple 4 Stock Portfolio that Can Outperform the Market
High oil prices help Saudi Aramco earn $88B in first half
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
Ship carrying grain for hungry Ethiopia leaves Ukraine
Here’s How the Inflation Reduction Act Energizes Power Stock
Average US gasoline price falls 45 cents to $4.10 per gallon
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Is AMC Entertainment Pulling a Fast One on the APEs?
The Incredible Dividend Map... Where Stocks Yield 26% a Year! (Ad)pixel
Boredom, loneliness plague Ukrainian youth near front line
Here is a Simple 4 Stock Portfolio that Can Outperform the Market
High oil prices help Saudi Aramco earn $88B in first half
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
Ship carrying grain for hungry Ethiopia leaves Ukraine
Here’s How the Inflation Reduction Act Energizes Power Stock
Average US gasoline price falls 45 cents to $4.10 per gallon
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Is AMC Entertainment Pulling a Fast One on the APEs?
The Incredible Dividend Map... Where Stocks Yield 26% a Year! (Ad)pixel
Boredom, loneliness plague Ukrainian youth near front line
Here is a Simple 4 Stock Portfolio that Can Outperform the Market
High oil prices help Saudi Aramco earn $88B in first half
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
Ship carrying grain for hungry Ethiopia leaves Ukraine
Here’s How the Inflation Reduction Act Energizes Power Stock
Average US gasoline price falls 45 cents to $4.10 per gallon
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Is AMC Entertainment Pulling a Fast One on the APEs?
The Incredible Dividend Map... Where Stocks Yield 26% a Year! (Ad)pixel
Boredom, loneliness plague Ukrainian youth near front line
Here is a Simple 4 Stock Portfolio that Can Outperform the Market
High oil prices help Saudi Aramco earn $88B in first half
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
Ship carrying grain for hungry Ethiopia leaves Ukraine
Here’s How the Inflation Reduction Act Energizes Power Stock
Average US gasoline price falls 45 cents to $4.10 per gallon
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
NASDAQ:LBAI

Lakeland Bancorp - LBAI Stock Forecast, Price & News

$16.63
+0.29 (+1.77%)
(As of 08/12/2022 09:14 PM ET)
Add
Compare
Today's Range
$16.33
$16.67
50-Day Range
$14.08
$16.63
52-Week Range
$13.91
$20.69
Volume
120,700 shs
Average Volume
203,852 shs
Market Capitalization
$1.08 billion
P/E Ratio
10.73
Dividend Yield
3.49%
Price Target
$17.00

Lakeland Bancorp MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
2.2% Upside
$17.00 Price Target
Short Interest
Healthy
2.44% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.42
Upright™ Environmental Score
News Sentiment
1.87mentions of Lakeland Bancorp in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
12.29%
From $1.79 to $2.01 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.54 out of 5 stars

Finance Sector

255th out of 926 stocks

State Commercial Banks Industry

55th out of 193 stocks

LBAI stock logo

About Lakeland Bancorp (NASDAQ:LBAI) Stock

Lakeland Bancorp, Inc. operates as the bank holding company for Lakeland Bank that offers various banking products and services for individuals and small to medium sized businesses. The company provides commercial banking services, including savings, money market, and time accounts, as well as demand deposits. It is also involved in lending services, including commercial real estate loans, commercial and industrial loans, short and medium term loans, lines of credit, letters of credit, inventory and accounts receivable financing, real estate construction loans, residential mortgage loans, Small Business Administration (SBA) loans, and merchant credit card services; financing solutions to small and medium-sized companies; online banking, mobile banking, and wire transfer services; and cash management services, such as remote capture of deposits and overnight sweep repurchase agreements. In addition, it provides consumer banking services, which include checking accounts, savings accounts, interest-bearing checking accounts, money market accounts, certificates of deposit, online banking, secured and unsecured loans, consumer installment loans, mortgage loans, and safe deposit services. Further, the company offers investment advisory services for individuals and businesses; and securities brokerage services, including mutual funds and variable annuities, as well as commercial title insurance services and life insurance products. As of December 31, 2021, it operated 48 branch offices located throughout Bergen, Essex, Morris, Ocean, Passaic, Somerset, Sussex, and Union counties in New Jersey and in Highland Mills, New York; operated six New Jersey regional commercial lending centers in Bernardsville, Iselin, Jackson, Montville, Teaneck and Waldwick; and one New York commercial lending center to serve the Hudson Valley region. The company was incorporated in 1969 and is headquartered in Oak Ridge, New Jersey.

Analyst Upgrades and Downgrades

Separately, Raymond James cut shares of Lakeland Bancorp from a "strong-buy" rating to an "outperform" rating and decreased their price objective for the company from $20.00 to $17.00 in a research report on Thursday, July 7th.

Lakeland Bancorp Trading Up 1.8 %

Shares of LBAI Stock traded up $0.29 during trading hours on Friday, reaching $16.63. The company's stock had a trading volume of 120,707 shares, compared to its average volume of 120,139. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.20. Lakeland Bancorp has a one year low of $13.91 and a one year high of $20.69. The stock has a market capitalization of $1.08 billion, a P/E ratio of 10.73 and a beta of 0.87. The firm's fifty day simple moving average is $15.14 and its 200 day simple moving average is $16.17.

Lakeland Bancorp (NASDAQ:LBAI - Get Rating) last announced its quarterly earnings results on Thursday, July 28th. The financial services provider reported $0.44 EPS for the quarter, hitting analysts' consensus estimates of $0.44. The company had revenue of $87.37 million during the quarter, compared to analyst estimates of $82.13 million. Lakeland Bancorp had a return on equity of 9.74% and a net margin of 28.25%. During the same quarter last year, the firm posted $0.53 earnings per share. Equities research analysts expect that Lakeland Bancorp will post 1.79 EPS for the current year.

Lakeland Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 17th. Investors of record on Monday, August 8th will be paid a $0.145 dividend. This represents a $0.58 dividend on an annualized basis and a yield of 3.49%. The ex-dividend date of this dividend is Friday, August 5th. Lakeland Bancorp's payout ratio is currently 37.42%.

Receive LBAI Stock News and Ratings via Email

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

LBAI Stock News Headlines

Best Income Stocks to Buy for August 1st
Lakeland Bancorp Announces Record Quarterly Results
Lakeland Bancorp (LBAI) Q2 Earnings Meet Estimates
Lakeland Bancorp Becomes Oversold
Lakeland Bancorp, Inc. (LBAI)
Lakeland Bancorp: Large NJ Bank With Optionality
Recap: Lakeland Bancorp Q4 Earnings
Lakeland Bancorp, Inc. Common Stock (LBAI)
See More Headlines
Receive LBAI Stock News and Ratings via Email

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

LBAI Company Calendar

Ex-Dividend for 5/18 Dividend
5/06/2022
Dividend Payable
5/18/2022
Last Earnings
7/28/2022
Ex-Dividend for 8/17 Dividend
8/05/2022
Today
8/14/2022
Dividend Payable
8/17/2022
Next Earnings (Estimated)
10/25/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:LBAI
CUSIP
51163710
Employees
681
Year Founded
1969

Price Target and Rating

Average Stock Price Forecast
$17.00
High Stock Price Forecast
$17.00
Low Stock Price Forecast
$17.00
Forecasted Upside/Downside
+2.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$95.04 million
Pretax Margin
37.51%

Debt

Sales & Book Value

Annual Sales
$279.68 million
Cash Flow
$1.96 per share
Book Value
$16.82 per share

Miscellaneous

Free Float
61,743,000
Market Cap
$1.08 billion
Optionable
Optionable
Beta
0.87

Social Links


Key Executives

  • Mr. Thomas J. Shara Jr. (Age 64)
    Pres, CEO & Director
    Comp: $1.74M
  • Mr. Thomas F. Splaine Jr. (Age 56)
    Exec. VP & CFO
    Comp: $735.39k
  • Mr. Ronald E. Schwarz (Age 67)
    Sr. EVP & COO
    Comp: $803.69k
  • Mr. Timothy J. Matteson (Age 53)
    Exec. VP, Chief Admin. Officer, Gen. Counsel & Corp. Sec.
    Comp: $648.2k
  • Mr. James M. Nigro (Age 54)
    Exec. VP & Chief Risk Officer
    Comp: $653.64k
  • Mr. John W. Fredericks (Age 85)
    Chairman Emeritus
  • Mr. Sing Loy Ho (Age 61)
    Exec. VP & Chief Information Officer
  • Ms. Jenifer Thoma
    Exec. VP & Chief HR Officer
  • Mr. David S. Yanagisawa (Age 70)
    Exec. VP & Sr. Loan Officer
  • Ms. Ellen Lalwani (Age 58)
    Exec. VP & Chief Banking Officer













LBAI Stock - Frequently Asked Questions

Should I buy or sell Lakeland Bancorp stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lakeland Bancorp in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" LBAI shares.
View LBAI analyst ratings
or view top-rated stocks.

What is Lakeland Bancorp's stock price forecast for 2022?

1 Wall Street analysts have issued 1-year price targets for Lakeland Bancorp's shares. Their LBAI share price forecasts range from $17.00 to $17.00. On average, they expect the company's share price to reach $17.00 in the next year. This suggests a possible upside of 2.2% from the stock's current price.
View analysts price targets for LBAI
or view top-rated stocks among Wall Street analysts.

How have LBAI shares performed in 2022?

Lakeland Bancorp's stock was trading at $18.99 at the start of the year. Since then, LBAI stock has decreased by 12.4% and is now trading at $16.63.
View the best growth stocks for 2022 here
.

When is Lakeland Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our LBAI earnings forecast
.

How were Lakeland Bancorp's earnings last quarter?

Lakeland Bancorp, Inc. (NASDAQ:LBAI) posted its quarterly earnings results on Thursday, July, 28th. The financial services provider reported $0.44 EPS for the quarter, hitting analysts' consensus estimates of $0.44. The financial services provider earned $87.37 million during the quarter, compared to the consensus estimate of $82.13 million. Lakeland Bancorp had a trailing twelve-month return on equity of 9.74% and a net margin of 28.25%. During the same period in the previous year, the firm earned $0.53 EPS.

How often does Lakeland Bancorp pay dividends? What is the dividend yield for Lakeland Bancorp?

Lakeland Bancorp announced a quarterly dividend on Tuesday, July 26th. Stockholders of record on Monday, August 8th will be given a dividend of $0.145 per share on Wednesday, August 17th. This represents a $0.58 dividend on an annualized basis and a yield of 3.49%. The ex-dividend date is Friday, August 5th.
Read our dividend analysis for LBAI
.

Is Lakeland Bancorp a good dividend stock?

Lakeland Bancorp (NASDAQ:LBAI) pays an annual dividend of $0.58 per share and currently has a dividend yield of 3.49%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 37.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LBAI will have a dividend payout ratio of 28.86% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LBAI.

What is Thomas J. Shara Jr.'s approval rating as Lakeland Bancorp's CEO?

3 employees have rated Lakeland Bancorp Chief Executive Officer Thomas J. Shara Jr. on Glassdoor.com. Thomas J. Shara Jr. has an approval rating of 100% among the company's employees. This puts Thomas J. Shara Jr. in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

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 Wendy's (WEN), CA (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Kraft Heinz (KHC), NIC (EGOV), General Electric (GE), ARMOUR Residential REIT (ARR) and Athabasca Oil (ATH).

What is Lakeland Bancorp's stock symbol?

Lakeland Bancorp trades on the NASDAQ under the ticker symbol "LBAI."

Who are Lakeland Bancorp's major shareholders?

Lakeland Bancorp's stock is owned by many different retail and institutional investors. Top institutional shareholders include Banc Funds Co. LLC (2.19%), Northern Trust Corp (1.40%), Renaissance Technologies LLC (0.91%), ProShare Advisors LLC (0.87%), JPMorgan Chase & Co. (0.85%) and Principal Financial Group Inc. (0.52%). Insiders that own company stock include Brian Gragnolati, James E Hanson II, James E Hanson II, Lawrence R Inserra, Jr, Paul Ho-Sing-Loy, Robert E Mccracken and Ronald E Schwarz.
View institutional ownership trends
.

How do I buy shares of Lakeland Bancorp?

Shares of LBAI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Lakeland Bancorp's stock price today?

One share of LBAI stock can currently be purchased for approximately $16.63.

How much money does Lakeland Bancorp make?

Lakeland Bancorp (NASDAQ:LBAI) has a market capitalization of $1.08 billion and generates $279.68 million in revenue each year. The financial services provider earns $95.04 million in net income (profit) each year or $1.55 on an earnings per share basis.

How many employees does Lakeland Bancorp have?

The company employs 681 workers across the globe.

When was Lakeland Bancorp founded?

Lakeland Bancorp was founded in 1969.

How can I contact Lakeland Bancorp?

Lakeland Bancorp's mailing address is 250 OAK RIDGE RD, OAK RIDGE NJ, 07438. The official website for the company is www.lakelandbank.com. The financial services provider can be reached via phone at (973) 697-2000 or via fax at 973-697-8385.

This page (NASDAQ:LBAI) was last updated on 8/15/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.