Lakeland Bancorp, Inc. (LBAI) EPS Estimated At $0.34

June 15, 2018 - By Margarite Burden

Lakeland Bancorp, Inc. (NASDAQ:LBAI) LogoInvestors sentiment decreased to 0.93 in 2018 Q1. Its down 0.26, from 1.19 in 2017Q4. It turned negative, as 8 investors sold Lakeland Bancorp, Inc. shares while 36 reduced holdings. 9 funds opened positions while 32 raised stakes. 25.46 million shares or 0.97% more from 25.22 million shares in 2017Q4 were reported.
Us Bancshares De accumulated 90 shares or 0% of the stock. Price T Rowe Assoc Md invested 0% in Lakeland Bancorp, Inc. (NASDAQ:LBAI). Brown Brothers Harriman & Co owns 50,000 shares for 0.01% of their portfolio. 13 are held by Acadian Asset Mgmt Limited. Blackrock stated it has 0% of its portfolio in Lakeland Bancorp, Inc. (NASDAQ:LBAI). Foundry Prtn Llc holds 0.26% of its portfolio in Lakeland Bancorp, Inc. (NASDAQ:LBAI) for 311,290 shares. Great West Life Assurance Can invested 0% of its portfolio in Lakeland Bancorp, Inc. (NASDAQ:LBAI). Tower Research Cap (Trc) has 1,323 shares. Principal Financial holds 0% or 215,196 shares in its portfolio. Lucas Capital stated it has 19,252 shares or 0.37% of all its holdings. Services Automobile Association owns 10,362 shares. Geode Cap Mngmt Ltd Llc holds 0% or 423,078 shares in its portfolio. Wellington Management Grp Llp holds 0.02% or 4.17 million shares. Jpmorgan Chase & Com owns 13,446 shares or 0% of their US portfolio. Guggenheim Capital Limited Liability Corp owns 0.01% invested in Lakeland Bancorp, Inc. (NASDAQ:LBAI) for 155,213 shares.

Since December 19, 2017, it had 0 buys, and 4 insider sales for $1.33 million activity. 37,227 shares were sold by NICHOLSON ROBERT K III, worth $746,029 on Tuesday, December 19. FREDERICKS MARK J sold $102,700 worth of Lakeland Bancorp, Inc. (NASDAQ:LBAI) on Friday, February 9.

Analysts expect Lakeland Bancorp, Inc. (NASDAQ:LBAI) to report $0.34 EPS on July, 19.They anticipate $0.06 EPS change or 21.43 % from last quarter’s $0.28 EPS. LBAI’s profit would be $16.14M giving it 14.96 P/E if the $0.34 EPS is correct. After having $0.32 EPS previously, Lakeland Bancorp, Inc.’s analysts see 6.25 % EPS growth. It closed at $20.35 lastly. It is down 6.33% since June 15, 2017 and is uptrending. It has underperformed by 6.24% the S&P500.

Lakeland Bancorp, Inc. (NASDAQ:LBAI) Ratings Coverage

Among 2 analysts covering Lakeland Bancorp (NASDAQ:LBAI), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Lakeland Bancorp had 3 analyst reports since December 21, 2017 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, December 21 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained Lakeland Bancorp, Inc. (NASDAQ:LBAI) rating on Monday, February 5. Keefe Bruyette & Woods has “Buy” rating and $24.0 target.

Lakeland Bancorp, Inc. operates as the holding firm for Lakeland Bank that provides financial services and products for individuals and small to medium sized businesses. The company has market cap of $966.13 million. It offers commercial banking depository products, including savings, money market, and time accounts, as well as demand deposits; lending solutions, such as short and medium term loans, lines of credit, letters of credit, inventory and accounts receivable financing, real estate construction loans, mortgage loans, small business administration loans, commercial real estate loans, commercial and industrial loans, and equipment financing solutions, as well as merchant credit card services; and wire transfer, Internet banking, mobile banking, night depository, and cash management services. It has a 18.67 P/E ratio. The firm also provides consumer banking services, including checking accounts, savings accounts, NOW accounts, money market accounts, certificates of deposit, secured and unsecured loans, consumer installment loans, mortgage loans, and safe deposit services.

Another recent and important Lakeland Bancorp, Inc. (NASDAQ:LBAI) news was published by Globenewswire.com which published an article titled: “Market Trends Toward New Normal in WisdomTree Investments, ePlus inc, Mettler-Toledo International, Lakeland, EP …” on May 30, 2018.

Lakeland Bancorp, Inc. (NASDAQ:LBAI) Institutional Positions Chart

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