LAKELAND BANCORP INC (LBAI) Forecast, Price Target & Analyst Ratings

NASDAQ:LBAI • US5116371007

Current stock price

13.43 USD
+0.15 (+1.13%)
At close:
13.43 USD
0 (0%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for LAKELAND BANCORP INC (LBAI).

Forecast Snapshot

Consensus Price Target

Price Target
$14.36
+ 6.90% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Jul 25, 2024
Period
Q2 / 2024
EPS Estimate
$0.27
Revenue Estimate
69.757M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
45.71%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$14.36
Upside
+ 6.90%
From current price of $13.43 to mean target of $14.36, Based on 7 analyst forecasts
Low
$14.14
Median
$14.36
High
$14.86

Price Target Revisions

1 Month
-8.16%
3 Months
-8.16%

Price Target Summary

7 Wall Street analysts provided a forecast for the next 12 months for LBAI. The average price target is 14.36 USD. This implies a price increase of 6.9% is expected in the next year compared to the current price of 13.43.
The average price target has been revised downward by 8.16% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

LBAI Current Analyst RatingLBAI Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0 0 0 0 0

Analyst Ratings History

LBAI Historical Analyst RatingsLBAI Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
45.71%
LBAI was analyzed by 7 analysts. The buy percentage consensus is at 46. So analysts seem to be rather neutral about LBAI.
In the previous month the buy percentage consensus was at a similar level.
LBAI was analyzed by 7 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2024-04-23Keefe, Bruyette & WoodsMaintains Market Perform -> Market Perform
2024-01-30Keefe, Bruyette & WoodsMaintains Market Perform -> Market Perform
2023-04-06Keefe, Bruyette & WoodsMaintains Market Perform
2022-09-28Janney Montgomery ScottDowngrade Buy -> Neutral
2022-09-28DA DavidsonDowngrade Buy -> Neutral
2022-07-07Raymond JamesDowngrade Strong Buy -> Outperform
2022-04-29Raymond JamesMaintains Strong Buy
2021-04-28Raymond JamesUpgrade Outperform -> Strong Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Jul 25, 2024
Period
Q2 / 2024
EPS Estimate
$0.27
Revenue Estimate
69.757M
Revenue Q2Q
-10.81%
EPS Q2Q
-22.00%
Number of Analysts
4

Next Earnings Revisions

Revenue (1 Month)
-2.50%
Revenue (3 Months)
-2.50%
EPS (1 Month)
-1.89%
EPS (3 Months)
-1.89%

Next Earnings Summary

LBAI is expected to report earnings on 7/25/2024. The consensus EPS estimate for the next earnings is 0.27 USD and the consensus revenue estimate is 69.76M USD.
The next earnings revenue estimate has been revised downward by 2.5% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2024 - 2025

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2021 2022 2023 2024 2025
Revenue
YoY % growth
LBAI revenue by date.LBAI revenue by date.
257.2M
9.54%		340.7M
32.47%		306.819M
-9.94%		292.34M
-4.72%		330.72M
13.13%
EBITDA
YoY % growth
LBAI ebitda by date.LBAI ebitda by date.
N/AN/AN/AN/AN/A
EBIT
YoY % growth
LBAI ebit by date.LBAI ebit by date.
N/A
14.61%		N/AN/AN/AN/A
Operating Margin
LBAI operating margin by date.LBAI operating margin by date.
N/AN/AN/AN/AN/A
EPS
YoY % growth
LBAI eps by date.LBAI eps by date.
1.90
69.64%		1.69
-11.05%		1.28
-24.26%		1.17
-8.84%		1.43
22.47%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q2 / 24 Q3 / 24 Q4 / 24 Q1 / 25 Q2 / 25 Q3 / 25 Q4 / 25
EPS
Q2Q % growth		0.27
-22.00%		0.31
-9.70%		0.32
8.29%		0.31
1.83%		0.33
25.38%		0.37
21.76%		0.42
28.73%
Revenue
Q2Q % growth		69.757M
-10.81%		73.651M
-0.91%		76.118M
6.95%		77.404M
14.71%		80.82M
15.86%		84.906M
15.28%		87.593M
15.08%
EBITDA
Q2Q % growth		N/AN/AN/AN/AN/AN/AN/A
EBIT
Q2Q % growth		N/AN/AN/AN/AN/AN/AN/A

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

LBAI Yearly Revenue VS EstimatesLBAI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M
LBAI Yearly EPS VS EstimatesLBAI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
N/A
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
N/A
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

LAKELAND BANCORP INC / LBAI Forecast FAQ

What is the average price target for LAKELAND BANCORP INC (LBAI) stock?

7 analysts have analysed LBAI and the average price target is 14.36 USD. This implies a price increase of 6.9% is expected in the next year compared to the current price of 13.43.

Can you provide the upcoming earnings date for LAKELAND BANCORP INC?

LAKELAND BANCORP INC (LBAI) will report earnings on 2024-07-25, after the market close.

What are the consensus estimates for LAKELAND BANCORP INC (LBAI) next earnings?

The consensus EPS estimate for the next earnings of LAKELAND BANCORP INC (LBAI) is 0.27 USD and the consensus revenue estimate is 69.76M USD.

How many analysts have analysed LAKELAND BANCORP INC (LBAI)?

The number of analysts covering LAKELAND BANCORP INC (LBAI) is 7.