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Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
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3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
NASDAQ:LBAI

Lakeland Bancorp (LBAI) Stock Price, News & Analysis

$11.95
+0.59 (+5.19%)
(As of 04/19/2024 ET)
Today's Range
$10.91
$12.07
50-Day Range
$11.13
$12.95
52-Week Range
$10.65
$16.00
Volume
452,551 shs
Average Volume
301,134 shs
Market Capitalization
$778.54 million
P/E Ratio
9.34
Dividend Yield
4.85%
Price Target
$16.65

Lakeland Bancorp MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
39.3% Upside
$16.65 Price Target
Short Interest
Healthy
1.81% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.42
Upright™ Environmental Score
News Sentiment
0.82mentions of Lakeland Bancorp in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.48%
From $1.07 to $1.15 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.89 out of 5 stars

Finance Sector

46th out of 845 stocks

State Commercial Banks Industry

12th out of 175 stocks

LBAI stock logo

About Lakeland Bancorp Stock (NASDAQ:LBAI)

Lakeland Bancorp, Inc. operates as the bank holding company for Lakeland Bank that provides financial products and services for businesses and consumers. It provides commercial banking services, including savings, money market, and time accounts, as well as demand deposits. The company also offers lending services, including commercial real estate loans, commercial and industrial loans, short and medium term loans, lines of credit, letters of credit, inventory and accounts receivable financing, real estate construction loans, residential mortgage loans, small business administration loans, and merchant credit card services; financing solutions to small and medium-sized companies; online banking, mobile banking, and wire transfer services to the business community and municipal relationships; and cash management services, such as remote capture of deposits and overnight sweep repurchase agreements. In addition, it provides consumer banking services comprising checking accounts, savings accounts, interest-bearing checking accounts, money market accounts, certificates of deposit, online banking, secured and unsecured loans, consumer installment loans, mortgage loans, and safe deposit services. Further, the company offers investment advisory services; life insurance products; and non-deposit products, such as securities brokerage services, including mutual funds, variable annuities, and insurance. The company was founded in 1969 and is headquartered in Oak Ridge, New Jersey.

LBAI Stock Price History

LBAI Stock News Headlines

Lakeland Gains on Q1 Results
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
Lakeland Bancorp Announces First Quarter Results
Lakeland Bancorp, Inc. (NASDAQ:LBAI) Short Interest Update
Lakeland Bancorp (NASDAQ:LBAI) Trading Up 3.8%
Lakeland Bancorp (LBAI) Scheduled to Post Earnings on Friday
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
Lakeland Bancorp Earnings Preview
Lakeland Bancorp (NASDAQ: LBAI)
Lakeland Bancorp Inc LBAI
See More Headlines
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Company Calendar

Last Earnings
1/25/2024
Ex-Dividend for 2/15 Dividend
2/02/2024
Dividend Payable
2/15/2024
Today
4/19/2024
Next Earnings (Confirmed)
4/19/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Regional Banks
Current Symbol
NASDAQ:LBAI
CUSIP
51163710
Employees
826
Year Founded
1969

Price Target and Rating

Average Stock Price Target
$16.65
High Stock Price Target
$16.65
Low Stock Price Target
$16.65
Potential Upside/Downside
+40.5%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$84.74 million
Pretax Margin
21.46%

Debt

Sales & Book Value

Annual Sales
$516.18 million
Cash Flow
$1.65 per share
Book Value
$17.98 per share

Miscellaneous

Free Float
61,844,000
Market Cap
$772.03 million
Optionable
Optionable
Beta
0.85

Social Links

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Key Executives

  • Mr. Thomas J. Shara Jr. (Age 66)
    President, CEO & Director
    Comp: $1.95M
  • Mr. Thomas F. Splaine Jr. (Age 58)
    Executive VP & CFO
    Comp: $798.78k
  • Mr. Ronald E. Schwarz (Age 69)
    Senior EVP & COO
    Comp: $858.38k
  • Mr. Timothy J. Matteson (Age 55)
    Executive VP, Chief Administrative Officer, General Counsel & Corporate Secretary
    Comp: $728.37k
  • Mr. James M. Nigro (Age 56)
    Executive VP & Chief Risk Officer
    Comp: $737.79k
  • Mr. Sing Loy Ho (Age 63)
    Executive VP & Chief Information Officer
  • Mr. David S. Yanagisawa (Age 72)
    Executive VP & Senior Loan Officer
    Comp: $398.35k
  • Ms. Ellen Lalwani (Age 59)
    Executive VP & Chief Banking Officer
  • Mr. Stephen C. Novak
    Executive VP, Sr. Commercial Real Estate Officer & Group Leader of Lakeland Bank
  • Ms. Karen Garrera
    Executive VP & Chief Retail Officer

LBAI Stock Analysis - Frequently Asked Questions

Should I buy or sell Lakeland Bancorp stock right now?

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

What is Lakeland Bancorp's stock price target for 2024?

1 Wall Street analysts have issued 12-month price objectives for Lakeland Bancorp's shares. Their LBAI share price targets range from $16.65 to $16.65. On average, they predict the company's stock price to reach $16.65 in the next twelve months. This suggests a possible upside of 39.3% from the stock's current price.
View analysts price targets for LBAI
or view top-rated stocks among Wall Street analysts.

How have LBAI shares performed in 2024?

Lakeland Bancorp's stock was trading at $14.79 at the beginning of the year. Since then, LBAI stock has decreased by 19.2% and is now trading at $11.95.
View the best growth stocks for 2024 here
.

Are investors shorting Lakeland Bancorp?

Lakeland Bancorp saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 1,180,000 shares, a decrease of 9.2% from the March 15th total of 1,300,000 shares. Based on an average trading volume of 293,500 shares, the short-interest ratio is presently 4.0 days.
View Lakeland Bancorp's Short Interest
.

When is Lakeland Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, April 19th 2024.
View our LBAI earnings forecast
.

How were Lakeland Bancorp's earnings last quarter?

Lakeland Bancorp, Inc. (NASDAQ:LBAI) announced its quarterly earnings data on Thursday, January, 25th. The financial services provider reported $0.30 EPS for the quarter, hitting analysts' consensus estimates of $0.30. The financial services provider had revenue of $72.09 million for the quarter. Lakeland Bancorp had a trailing twelve-month return on equity of 7.43% and a net margin of 16.42%.

How often does Lakeland Bancorp pay dividends? What is the dividend yield for Lakeland Bancorp?

Lakeland Bancorp declared a quarterly dividend on Tuesday, January 23rd. Stockholders of record on Monday, February 5th will be paid a dividend of $0.145 per share on Thursday, February 15th. This represents a $0.58 annualized dividend and a yield of 4.85%. The ex-dividend date is Friday, February 2nd.
Read our dividend analysis for LBAI
.

Is Lakeland Bancorp a good dividend stock?

Lakeland Bancorp (NASDAQ:LBAI) pays an annual dividend of $0.58 per share and currently has a dividend yield of 5.15%. LBAI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 45.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LBAI will have a dividend payout ratio of 50.43% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LBAI.

What ETFs hold Lakeland Bancorp's stock?

ETFs with the largest weight of Lakeland Bancorp (NASDAQ:LBAI) stock in their portfolio include First Trust Merger Arbitrage ETF (MARB).ProShares Russell 2000 Dividend Growers ETF (SMDV).

What is Thomas J. Shara Jr.'s approval rating as Lakeland Bancorp's CEO?

3 employees have rated Lakeland Bancorp Chief Executive Officer Thomas J. Shara Jr. on Glassdoor.com. Thomas J. Shara Jr. has an approval rating of 100% among the company's employees. This puts Thomas J. Shara Jr. in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Lakeland Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Lakeland Bancorp investors own include Wendy's (WEN), Xtrackers California Municipal Bond ETF (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Kraft Heinz (KHC), NIC (EGOV), General Electric (GE), ARMOUR Residential REIT (ARR) and Athabasca Oil (ATH).

Who are Lakeland Bancorp's major shareholders?

Lakeland Bancorp's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Hennessy Advisors Inc. (0.27%), Park Avenue Securities LLC (0.05%) and Rise Advisors LLC (0.00%). Insiders that own company stock include Brian Gragnolati, James E Hanson II, James E Hanson II, Mary Ann Deacon and Paul Ho-Sing-Loy.
View institutional ownership trends
.

How do I buy shares of Lakeland Bancorp?

Shares of LBAI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:LBAI) was last updated on 4/19/2024 by MarketBeat.com Staff

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