NASDAQ:LEVL - Level One Bancorp Stock Price, Forecast & News

Level One Bancorp trades on the NASDAQ under the ticker symbol "LEVL."

Level One Bancorp declared a -- dividend on Friday, September 20th. Shareholders of record on Monday, September 30th will be given a dividend of $0.04 per share on Tuesday, October 15th. This represents a yield of 0.6%. The ex-dividend date of this dividend is Friday, September 27th. View Level One Bancorp's Dividend History.

Level One Bancorp (NASDAQ:LEVL) issued its earnings results on Wednesday, October, 30th. The company reported $0.60 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.59 by $0.01. The business had revenue of $16.85 million for the quarter, compared to the consensus estimate of $16.69 million. Level One Bancorp had a net margin of 18.75% and a return on equity of 9.79%. View Level One Bancorp's Earnings History.

Level One Bancorp is scheduled to release their next quarterly earnings announcement on Wednesday, January 29th 2020. View Earnings Estimates for Level One Bancorp.

3 Wall Street analysts have issued 1 year price objectives for Level One Bancorp's shares. Their forecasts range from $25.00 to $28.00. On average, they expect Level One Bancorp's stock price to reach $26.50 in the next year. This suggests a possible upside of 8.1% from the stock's current price. View Analyst Price Targets for Level One Bancorp.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Level One Bancorp in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Level One Bancorp.

News stories about LEVL stock have trended extremely negative recently, according to InfoTrie Sentiment. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Level One Bancorp earned a media sentiment score of -4.0 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an effect on the stock's share price in the near future. View News Stories for Level One Bancorp.

Level One Bancorp saw a decline in short interest during the month of October. As of October 31st, there was short interest totalling 42,600 shares, a decline of 13.1% from the September 30th total of 49,000 shares. Based on an average trading volume of 14,400 shares, the days-to-cover ratio is currently 3.0 days. Currently, 0.8% of the company's shares are short sold. View Level One Bancorp's Current Options Chain.

Some companies that are related to Level One Bancorp include First Foundation (FFWM), Customers Bancorp (CUBI), Tristate Capital (TSC), Heritage Commerce (HTBK), Byline Bancorp (BY), Peoples Bancorp (PEBO), Midland States Bancorp (MSBI), QCR (QCRH), Luther Burbank (LBC), First Financial (THFF), HarborOne Bancorp (HONE), Bank of Marin Bancorp (BMRC), First Mid-Illinois Bancshares (FMBH), Flushing Financial (FFIC) and Mercantile Bank (MBWM).

Based on aggregate information from My MarketBeat watchlists, some companies that other Level One Bancorp investors own include Old National Bancorp (ONB), Anadarko Petroleum (APC), Primary Health Properties (PHP), Adobe (ADBE), Digimarc (DMRC), Express Scripts (ESRX), FOX (FOXA), Intuitive Surgical (ISRG), PepsiCo (PEP) and Prothena (PRTA).

(LEVL) raised $28 million in an initial public offering (IPO) on Friday, April 20th 2018. The company issued 1,000,000 shares at $27.00-$29.00 per share. Raymond James and Keefe, Bruyette & Woods (A Stifel Company) served as the underwriters for the IPO and Piper Jaffray was co-manager.

Level One Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include First Trust Advisors LP (0.13%), Russell Investments Group Ltd. (0.09%), Tower Research Capital LLC TRC (0.04%) and Barclays PLC (0.03%). Company insiders that own Level One Bancorp stock include Barbara E Allushuski, Gregory A Wernette, James L Bellinson, Stefan Wanczyk and Victor L Ansara. View Institutional Ownership Trends for Level One Bancorp.

LEVL stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd. and Barclays PLC. View Insider Buying and Selling for Level One Bancorp.

LEVL stock was bought by a variety of institutional investors in the last quarter, including First Trust Advisors LP and Tower Research Capital LLC TRC. Company insiders that have bought Level One Bancorp stock in the last two years include Barbara E Allushuski, James L Bellinson and Stefan Wanczyk. View Insider Buying and Selling for Level One Bancorp.

Shares of LEVL 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.

One share of LEVL stock can currently be purchased for approximately $24.51.

Level One Bancorp has a market capitalization of $189.17 million and generates $70.88 million in revenue each year. The company earns $14.39 million in net income (profit) each year or $1.91 on an earnings per share basis. View Additional Information About Level One Bancorp.

The official website for Level One Bancorp is http://www.levelonebank.com/.

Level One Bancorp's mailing address is 32991 HAMILTON COURT, Farmington Hills MI, 48334. The company can be reached via phone at 248-737-0300.