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. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.04 per share on Wednesday, January 15th. This represents a $0.16 annualized dividend and a dividend yield of 0.64%. The ex-dividend date of this dividend is Monday, December 30th. View Level One Bancorp's Dividend History.

Level One Bancorp (NASDAQ:LEVL) released its quarterly earnings data on Thursday, January, 30th. The company reported $0.60 EPS for the quarter, topping analysts' consensus estimates of $0.43 by $0.17. The firm had revenue of $17.50 million for the quarter, compared to the consensus estimate 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 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 share price to reach $26.50 in the next twelve months. This suggests a possible upside of 5.9% 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 coverage about LEVL stock has trended negative on Monday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media 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 five, with scores nearest to five being the most favorable. Level One Bancorp earned a daily sentiment score of -2.1 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 2.0 out of 10, meaning that recent media coverage is very 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 decrease in short interest during the month of January. As of January 15th, there was short interest totalling 31,300 shares, a decrease 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 Community Trust Bancorp (CTBI), Horizon Bancorp (HBNC), HomeStreet (HMST), TrustCo Bank Corp NY (TRST), Univest Financial (UVSP), Byline Bancorp (BY), First Foundation (FFWM), Live Oak Bancshares (LOB), Customers Bancorp (CUBI), Heritage Commerce (HTBK), QCR (QCRH), Peoples Bancorp (PEBO), Tristate Capital (TSC), Midland States Bancorp (MSBI) and HarborOne Bancorp (HONE).

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 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 number of of institutional and retail investors. Top institutional shareholders include Banc Funds Co. LLC (8.28%), Geode Capital Management LLC (0.79%), Arbor Trust Wealth Advisors LLC (0.66%), Renaissance Technologies LLC (0.54%), Clarkston Capital Partners LLC (0.43%) and Bank of New York Mellon Corp (0.31%). Company insiders that own Level One Bancorp stock include Barbara E Allushuski, Gregory A Wernette, Jacob W Haas, 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, Jacob W Haas, 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 $25.03.

Level One Bancorp has a market capitalization of $193.23 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.