Limestone Bancorp - LMST Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Limestone Bancorp in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" LMST shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LMST, but not buy additional shares or sell existing shares.
View LMST analyst ratings or view top-rated stocks.

1 analysts have issued 1-year price objectives for Limestone Bancorp's shares. Their LMST share price forecasts range from $23.00 to $23.00. On average, they predict the company's stock price to reach $23.00 in the next year. This suggests a possible upside of 0.4% from the stock's current price.
View analysts price targets for LMST or view top-rated stocks among Wall Street analysts.

Limestone Bancorp's stock was trading at $24.42 at the beginning of 2023. Since then, LMST shares have decreased by 6.2% and is now trading at $22.90.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 19th 2023.
View our LMST earnings forecast.

Limestone Bancorp, Inc. (NASDAQ:LMST) issued its quarterly earnings data on Wednesday, January, 18th. The company reported $0.71 EPS for the quarter, topping analysts' consensus estimates of $0.63 by $0.08. The company earned $15.53 million during the quarter, compared to analysts' expectations of $15.75 million. Limestone Bancorp had a net margin of 27.50% and a trailing twelve-month return on equity of 14.61%.

Limestone Bancorp declared a quarterly dividend on Wednesday, January 18th. Stockholders of record on Monday, February 6th will be given a dividend of $0.05 per share on Tuesday, February 21st. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.87%. The ex-dividend date is Friday, February 3rd.
Read our dividend analysis for LMST.

AltShares Merger Arbitrage ETF holds 11,206 shares of LMST stock, representing 0.34% of its portfolio.

Limestone Bancorp (NASDAQ:LMST) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.88%. The dividend payout ratio is 8.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LMST will have a dividend payout ratio of 8.81% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LMST.

Based on aggregate information from My MarketBeat watchlists, some companies that other Limestone Bancorp investors own include Preferred Apartment Communities (APTS), BCE (BCE), Enbridge (ENB), Enterprise Products Partners (EPD), Energy Transfer (ET), General Mills (GIS), General Motors (GM), KeyCorp (KEY), MetLife (MET) and ONEOK (OKE).

Limestone Bancorp trades on the NASDAQ under the ticker symbol "LMST."

Limestone Bancorp's stock is owned by many different retail and institutional investors. Top institutional investors include Banc Funds Co. LLC (5.81%), FJ Capital Management LLC (5.79%), Gardner Lewis Asset Management L P (3.96%), Boothbay Fund Management LLC (3.01%), Elizabeth Park Capital Advisors Ltd. (0.68%) and BHZ Capital Management LP (0.55%). Insiders that own company stock include Joseph C Seiler, Kevin James Kooman, Sanjay Dhawan and W Glenn Hogan.
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Shares of LMST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of LMST stock can currently be purchased for approximately $22.90.

Limestone Bancorp (NASDAQ:LMST) has a market capitalization of $151.80 million and generates $55.54 million in revenue each year. The company earns $18.34 million in net income (profit) each year or $2.40 on an earnings per share basis.

The company employs 232 workers across the globe.

Limestone Bancorp's mailing address is 2500 EASTPOINT PARKWAY, LOUISVILLE KY, 40223. The official website for the company is www.limestonebank.com. The company can be reached via phone at (502) 499-4800, via email at investorrelations@limestonebank.com, or via fax at 502-499-4811.