NASDAQ:LEVLLevel One Bancorp Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Level One Bancorp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $17.00 -0.25 (-1.45 %) (As of 05/25/2020 04:00 PM ET) Add Compare Share Today's Range$16.52Now: $17.00▼$17.0050-Day Range$15.22MA: $17.20▼$20.3952-Week Range$13.44Now: $17.00▼$26.69Volume2,500 shsAverage Volume9,639 shsMarket Capitalization$131.43 millionP/E Ratio7.94Dividend Yield1.18%Beta0.88 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial Media Level One Bancorp, Inc. operates as a bank holding company for Level One Bank that provides business and consumer financial services in Michigan. It offers a range of deposit services, including checking accounts, NOW accounts, savings, other time deposits, certificates of deposit, and specialty deposit accounts. The company also provides lending products and related services comprising commercial mortgages; commercial and industrial loans with lines of credit, term loans, and owner occupied mortgages to small businesses; loans under the SBA lending program; residential real estate loans; construction and land development loans; and consumer loans, including home equity loans and automobile loans, as well as credit card services. In addition, it offers cash management services, treasury management services, and mobile banking services. The company serves individuals, owner-managed businesses, professional firms, real estate professionals, and not-for-profit businesses. It operate through 14 offices, including 12 full-service banking centers located in southeastern Michigan; and a mortgage loan production office in Ann Arbor, Michigan. Level One Bancorp, Inc. was founded in 2007 and is headquartered in Farmington Hills, Michigan.Read More Beat the Market (BTM) Rank™ 3.1 Analyst's Opinion Consensus RatingLevel One Bancorp has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $24.00, Level One Bancorp has a potential upside of 41.2% from its current price of $17.00.Amount of Analyst CoverageLevel One Bancorp has only been the subject of 1 research reports in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesLevel One Bancorp has received 102 “outperform” votes. (Add your “outperform” vote.)Underperform VotesLevel One Bancorp has received 128 “underperform” votes. (Add your “underperform” vote.)Community SentimentLevel One Bancorp has received 55.65% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Level One Bancorp and other stocks. Vote “Outperform” if you believe LEVL will outperform the S&P 500 over the long term. Vote “Underperform” if you believe LEVL will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 3.3 Dividend Strength Dividend LeadershipLevel One Bancorp is a leading dividend payer. It pays a dividend yield of 1.18%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthLevel One Bancorp has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Level One Bancorp is 9.48 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Level One Bancorp will have a dividend payout ratio of 11.83 % next year. This indicates that Level One Bancorp will be able to sustain or increase its dividend. Previous Next 5.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Level One Bancorp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $53,255.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders38.20% of the stock of Level One Bancorp is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions45.42% of the stock of Level One Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Level One Bancorp are expected to decrease by -2.31% in the coming year, from $1.73 to $1.69 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Level One Bancorp is 7.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 13.80.Price to Earnings Ratio vs. SectorThe P/E ratio of Level One Bancorp is 7.94, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 15.63.Price to Book Value per Share RatioLevel One Bancorp has a P/B Ratio of 0.77. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.1Community Rank: 2.2Dividend Strength: 3.3Insider Behavior: 5.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™3.11 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry State commercial banks Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:LEVL Previous Symbol CUSIPN/A CIK1412707 Webwww.levelonebank.com Phone248-737-0300Debt Debt-to-Equity Ratio0.25 Current Ratio0.93 Quick Ratio0.93Price-To-Earnings Trailing P/E Ratio7.94 Forward P/E Ratio9.83 P/E GrowthN/A Sales & Book Value Annual Sales$84.66 million Price / Sales1.55 Cash Flow$2.58 per share Price / Cash Flow6.60 Book Value$22.12 per share Price / Book0.77Profitability EPS (Most Recent Fiscal Year)$2.11 Net Income$16.11 million Net Margins18.73% Return on Equity10.85% Return on Assets1.12%Miscellaneous EmployeesN/A Outstanding Shares7,731,000Market Cap$131.43 million Next Earnings Date8/4/2020 (Estimated) OptionableNot Optionable NASDAQ:LEVL Rates by TradingView Receive LEVL News and Ratings via Email Sign-up to receive the latest news and ratings for LEVL and its competitors with MarketBeat's FREE daily newsletter. Level One Bancorp (NASDAQ:LEVL) Frequently Asked Questions How has Level One Bancorp's stock been impacted by COVID-19 (Coronavirus)? Level One Bancorp's stock was trading at $20.13 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, LEVL stock has decreased by 15.5% and is now trading at $17.00. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Level One Bancorp? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Level One Bancorp in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Level One Bancorp. When is Level One Bancorp's next earnings date? Level One Bancorp is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Level One Bancorp. How were Level One Bancorp's earnings last quarter? Level One Bancorp (NASDAQ:LEVL) posted its quarterly earnings data on Thursday, April, 30th. The company reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.26. The company earned $19.51 million during the quarter, compared to analysts' expectations of $19.10 million. Level One Bancorp had a return on equity of 10.85% and a net margin of 18.73%. View Level One Bancorp's earnings history. How often does Level One Bancorp pay dividends? What is the dividend yield for Level One Bancorp? Level One Bancorp announced a quarterly dividend on Thursday, March 19th. Stockholders of record on Tuesday, March 31st will be paid a dividend of $0.05 per share on Wednesday, April 15th. This represents a $0.20 annualized dividend and a dividend yield of 1.18%. The ex-dividend date of this dividend is Monday, March 30th. This is a boost from Level One Bancorp's previous quarterly dividend of $0.04. View Level One Bancorp's dividend history. What price target have analysts set for LEVL? 4 Wall Street analysts have issued 1 year target prices for Level One Bancorp's shares. Their forecasts range from $19.00 to $28.00. On average, they expect Level One Bancorp's share price to reach $24.00 in the next year. This suggests a possible upside of 41.2% from the stock's current price. View analysts' price targets for Level One Bancorp. Has Level One Bancorp been receiving favorable news coverage? News stories about LEVL stock have been trending somewhat positive on Monday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Level One Bancorp earned a news impact score of 0.8 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutLevel One Bancorp. Are investors shorting Level One Bancorp? Level One Bancorp saw a decrease in short interest in April. As of April 30th, there was short interest totaling 22,400 shares, a decrease of 26.3% from the April 15th total of 30,400 shares. Based on an average daily volume of 11,400 shares, the days-to-cover ratio is presently 2.0 days. Approximately 0.4% of the company's stock are sold short. View Level One Bancorp's Current Options Chain. Who are some of Level One Bancorp's key competitors? Some companies that are related to Level One Bancorp include HomeStreet (HMST), Bryn Mawr Bank (BMTC), Washington Trust Bancorp (WASH), Allegiance Bancshares (ABTX), Old Line Bancshares, Inc. (MD) (OLBK), Merchants Bancorp (MBIN), HarborOne Bancorp (HONE), First Financial (THFF), Heritage Commerce (HTBK), Univest Financial (UVSP), QCR (QCRH), Origin Bancorp (OBNK), Central Pacific Financial (CPF), Peoples Bancorp (PEBO) and Byline Bancorp (BY). View all competitors. What other stocks do shareholders of Level One Bancorp own? 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), AMC Entertainment (AMC), Franklin Resources (BEN), Colgate-Palmolive (CL), Digimarc (DMRC), Duke Energy (DUK), Eastman Chemical (EMN) and Emerson Electric (EMR). Who are Level One Bancorp's key executives? Level One Bancorp's management team includes the following people: Mr. Patrick J. Fehring Jr., Chairman, Pres & CEO (Age 60)Mr. David C. Walker, Exec. VP & CFO (Age 57)Ms. Melanie C. Barrett, Exec. VP & Chief HR Officer (Age 59)Mr. Timothy R. Mackay, Assistant Corp. Sec. (Age 48)Ms. Eva Scurlock, Assistant Corp. Sec. (Age 40) When did Level One Bancorp IPO? (LEVL) raised $28 million in an initial public offering (IPO) on Friday, April 20th 2018. The company issued 1,000,000 shares at a price of $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. What is Level One Bancorp's stock symbol? Level One Bancorp trades on the NASDAQ under the ticker symbol "LEVL." Who are Level One Bancorp's major shareholders? Level One Bancorp's stock is owned by many different retail and institutional investors. Top institutional investors include Wellington Management Group LLP (13.14%), Banc Funds Co. LLC (7.12%), BlackRock Inc. (3.63%), State Street Corp (1.08%), John W. Rosenthal Capital Management Inc. (1.03%) and Geode Capital Management LLC (0.83%). Company insiders that own Level One Bancorp stock include Barbara E Allushuski, Gregory A Wernette, Jacob W Haas, James L Bellinson and Stefan Wanczyk. View institutional ownership trends for Level One Bancorp. Which institutional investors are selling Level One Bancorp stock? LEVL stock was sold by a variety of institutional investors in the last quarter, including Banc Funds Co. LLC, Wellington Management Group LLP, Morgan Stanley, UBS Group AG, and Russell Investments Group Ltd.. View insider buying and selling activity for Level One Bancorp. Which institutional investors are buying Level One Bancorp stock? LEVL stock was acquired by a variety of institutional investors in the last quarter, including John W. Rosenthal Capital Management Inc., Advisor Group Holdings Inc., Raymond James & Associates, State Street Corp, Geode Capital Management LLC, BlackRock Inc., Rhumbline Advisers, and JPMorgan Chase & Co.. 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 activity for Level One Bancorp. How do I buy shares of 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. What is Level One Bancorp's stock price today? One share of LEVL stock can currently be purchased for approximately $17.00. How big of a company is Level One Bancorp? Level One Bancorp has a market capitalization of $131.43 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. What is Level One Bancorp's official website? The official website for Level One Bancorp is www.levelonebank.com. How can I contact Level One Bancorp? 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. This page was last updated on 5/25/2020 by MarketBeat.com Staff
