Ready to Jump After Recent Trade: Lakeland Bancorp, Inc. (LBAI)

With 0.69 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.25 million shares. The 52-week range on LBAI shows that it touched its highest point at $16.14 and its lowest point at $10.65 during that stretch. It currently has a 1-year price target of $15.32. With its current market cap of 786.98 million, LBAI has annualized dividend of $0.58 while the current yield stands at 4.79%. Beta for the stock currently stands at 0.85.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LBAI was down-trending over the past week, with a drop of -3.12%, but this was up by 5.77% over a month. Three-month performance dropped to -20.76% while six-month performance fell -2.89%. The stock lost -23.90% in the past year, while it has lost -18.19% so far this year. A look at the trailing 12-month EPS for LBAI yields 1.29 with Next year EPS estimates of 1.41. For the next quarter, that number is 0.27. This implies an EPS growth rate of -11.24% for this year and 22.71% for next year. EPS is expected to grow by 9.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -0.44%.

Float and Shares Shorts:

At present, 65.03 million LBAI shares are outstanding with a float of 61.15 million shares on hand for trading. On Mar 15, 2024, short shares totaled 1.3 million, which was 1.99% higher than short shares on Feb 15, 2024. In addition to LQAI as the firm’s LQAI, BBAI serves as its BigBear.ai, Inc.

Institutional Ownership:

Through their ownership of 61.34% of LBAI’s outstanding shares, institutional investors have majority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LBAI since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.

Dividends & Yield:

In terms of dividends, LBAI has a current ratio of $0.58, which is $0.58 over the trailing 12-months, while a dividend of $– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and LBAI currently yields $4.79. In the past year, LBAI’s dividend yield has been $4.79, but when looking at the stock over the past five years, its yield has been $3.46. Accordingly, LBAI has a current buyback yield of $–. This was $– for the TTM, and it was $– for the past five years.