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 quarterly dividend on Thursday, December 19th. Investors of record on Tuesday, December 31st will be given a dividend of $0.04 per share on Wednesday, January 15th. This represents a $0.16 dividend on an annualized basis and a yield of 0.65%. The ex-dividend date is Monday, December 30th. View Level One Bancorp's Dividend History.

Level One Bancorp (NASDAQ:LEVL) posted its quarterly earnings data on Thursday, January, 30th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.43 by $0.17. The company earned $17.50 million during the quarter, compared to analyst estimates of $15.60 million. Level One Bancorp had a net margin of 19.03% and a return on equity of 10.20%. View Level One Bancorp's Earnings History.

Level One Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Level One Bancorp.

3 Wall Street analysts have issued 12-month price targets for Level One Bancorp's stock. Their forecasts range from $25.00 to $28.00. On average, they expect Level One Bancorp's share price to reach $26.50 in the next year. This suggests a possible upside of 7.0% 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 articles about LEVL stock have been trending very negative this week, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Level One Bancorp earned a coverage optimism score of -3.0 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company'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 January. As of January 15th, there was short interest totalling 31,300 shares, a decline of 22.9% from the December 31st total of 40,600 shares. Based on an average daily trading volume, of 6,500 shares, the short-interest ratio is currently 4.8 days. Approximately 0.6% of the shares of the company are sold short. View Level One Bancorp's Current Options Chain.

Some companies that are related to Level One Bancorp include Univest Financial (UVSP), Byline Bancorp (BY), Live Oak Bancshares (LOB), Customers Bancorp (CUBI), Heritage Commerce (HTBK), Peoples Bancorp (PEBO), Tristate Capital (TSC), QCR (QCRH), Midland States Bancorp (MSBI), HarborOne Bancorp (HONE), Luther Burbank (LBC), Merchants Bancorp (MBIN), First Financial (THFF), Bank of Marin Bancorp (BMRC) and Flushing Financial (FFIC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Level One Bancorp investors own include Altria Group (MO), Old National Bancorp (ONB), Adobe (ADBE), Digimarc (DMRC), FOX (FOXA), Intuitive Surgical (ISRG), PepsiCo (PEP), Prothena (PRTA), QUALCOMM (QCOM) and FreightCar America (RAIL).

(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) acted as the underwriters for the IPO and Piper Jaffray was co-manager.

Level One Bancorp's stock is owned by many different of retail and institutional investors. Top institutional investors include Banc Funds Co. LLC (8.28%), Arbor Trust Wealth Advisors LLC (0.66%), Renaissance Technologies LLC (0.54%), Clarkston Capital Partners LLC (0.43%), Bank of New York Mellon Corp (0.31%) and Charles Schwab Investment Management Inc. (0.18%). 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 Clarkston Capital Partners LLC. View Insider Buying and Selling for Level One Bancorp.

LEVL stock was bought by a variety of institutional investors in the last quarter, including Arbor Trust Wealth Advisors LLC, Banc Funds Co. LLC, Rhumbline Advisers, Ancora Advisors LLC, Charles Schwab Investment Management Inc., Strs Ohio, Barclays PLC and UBS Group AG. 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 $24.77.

Level One Bancorp has a market capitalization of $191.22 million and generates $84.66 million in revenue each year. The company earns $16.11 million in net income (profit) each year or $2.11 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.