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

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$16.60 +0.24 (+1.47 %)
(As of 11/13/2018 01:19 PM ET)
Previous Close$16.36
Today's Range$16.47 - $16.66
52-Week Range$15.57 - $21.90
Volume2,848 shs
Average Volume110,671 shs
Market Capitalization$780.66 million
P/E Ratio14.86
Dividend Yield2.80%
Beta0.89
Lakeland 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
Current SymbolNASDAQ:LBAI
Previous Symbol
CUSIP51163710
Phone973-697-2000

Debt

Debt-to-Equity Ratio0.48
Current Ratio0.96
Quick Ratio0.96

Price-To-Earnings

Trailing P/E Ratio14.86
Forward P/E Ratio12.30
P/E GrowthN/A

Sales & Book Value

Annual Sales$215.64 million
Price / Sales3.66
Cash Flow$1.3540 per share
Price / Cash12.26
Book Value$12.31 per share
Price / Book1.35

Profitability

EPS (Most Recent Fiscal Year)$1.11
Net Income$52.58 million
Net Margins26.69%
Return on Equity10.37%
Return on Assets1.12%

Miscellaneous

Employees621
Outstanding Shares47,490,000
Market Cap$780.66 million
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 declared a quarterly dividend on Tuesday, October 23rd. Investors of record on Monday, November 5th will be given a dividend of $0.115 per share on Thursday, November 15th. This represents a $0.46 annualized dividend and a yield of 2.77%. The ex-dividend date is Friday, November 2nd. View Lakeland Bancorp's Dividend History.

How were Lakeland Bancorp's earnings last quarter?

Lakeland Bancorp, Inc. (NASDAQ:LBAI) released its quarterly earnings results on Thursday, October, 25th. The financial services provider reported $0.35 earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of $0.35. The financial services provider had revenue of $49.26 million for the quarter, compared to analyst estimates of $50.39 million. Lakeland Bancorp had a return on equity of 10.37% and a net margin of 26.69%. 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 Friday, January 25th 2019. View Earnings Estimates for Lakeland Bancorp.

What price target have analysts set for LBAI?

4 analysts have issued 1 year price objectives for Lakeland Bancorp's shares. Their forecasts range from $18.00 to $23.50. On average, they anticipate Lakeland Bancorp's stock price to reach $20.50 in the next year. This suggests a possible upside of 23.5% 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?

Headlines about LBAI stock have trended positive recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Lakeland Bancorp earned a coverage optimism score of 2.2 on InfoTrie's scale. They also gave media coverage about the financial services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days.

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, Chairman Emeritus (Age 81)

Who are Lakeland Bancorp's major shareholders?

Lakeland Bancorp's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.68%), Dimensional Fund Advisors LP (5.79%), Systematic Financial Management LP (2.27%), LSV Asset Management (0.67%), Foundry Partners LLC (0.64%) and Assenagon Asset Management S.A. (0.35%). Company insiders that own Lakeland Bancorp stock include Bruce D Bohuny, 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, 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 River Oaks Capital LLC, First Trust Advisors LP, Russell Investments Group Ltd., Foundry Partners LLC and Prudential Financial Inc.. Company insiders that have sold Lakeland Bancorp company stock in the last year include Edward B Deutsch, James E Hanson II, Mark J Fredericks, 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 purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Dimensional Fund Advisors LP, LSV Asset Management, BlackRock Inc., Systematic Financial Management LP, Credit Suisse AG, Engineers Gate Manager LP and Legacy Advisors LLC. 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 $16.60.

How big of a company is Lakeland Bancorp?

Lakeland Bancorp has a market capitalization of $780.66 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.

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:  2.1 out of 5 (star star)
Outperform Votes:  162 (Vote Outperform)
Underperform Votes:  217 (Vote Underperform)
Total Votes:  379
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 11/13/2018 by MarketBeat.com Staff

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