Lakeland Bancorp, Inc. (LBAI)
NASDAQ: LBAI · IEX Real-Time Price · USD
12.10
+0.30 (2.54%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Lakeland Bancorp Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Lakeland Bancorp stock has a target of 16.65, which predicts an increase of 37.60% from the current stock price of 12.10.

Analyst Consensus: Hold
Target Low Average Median High
Price $16.65 $16.65 $16.65 $16.65
Change +37.60% +37.60% +37.60% +37.60%
* Price targets were last updated on Jan 30, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for LBAI is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 000000
Buy 111000
Hold 333111
Sell 000000
Strong Sell 000000
Total 444111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Maintains
$18$17
Hold Maintains $18$17 +37.60% Jan 30, 2024
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Maintains
$23$21
Hold Maintains $23$21 +71.90% Apr 6, 2023
DA Davidson
DA Davidson
Hold
Downgrades
$22$18
Hold Downgrades $22$18 +48.76% Sep 28, 2022
Janney Montgomery Scott
Janney Montgomery Scott
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Sep 28, 2022
Raymond James
Raymond James
Buy
Downgrades
$20$17
Buy Downgrades $20$17 +40.50% Jul 7, 2022
More Analyst Ratings

Financial Forecast

Revenue This Year
292.34M
from 293.77M
Decreased by -0.49%
Revenue Next Year
330.72M
from 292.34M
Increased by 13.13%
EPS This Year
1.17
from 1.29
Decreased by -9.54%
EPS Next Year
1.43
from 1.17
Increased by 22.47%
Year 2019202020212022202320242025
Revenue
220.70M207.58M268.09M332.20M293.77M292.34M330.72M
Revenue Growth
15.27%-5.95%29.15%23.91%-11.57%-0.49%13.13%
EPS
1.381.131.851.631.291.171.43
EPS Growth
4.55%-18.12%63.72%-11.89%-20.86%-9.54%22.47%
No. Analysts -----44
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 305.1M 355.3M
Avg 292.3M 330.7M
Low 277.0M 303.9M

Revenue Growth

Revenue Growth 20242025
High
3.8%
21.5%
Avg
-0.5%
13.1%
Low
-5.7%
4.0%

EPS Forecast

EPS 20242025
High 1.28 1.74
Avg 1.17 1.43
Low 1.05 1.12

EPS Growth

EPS Growth 20242025
High
-0.6%
49.0%
Avg
-9.5%
22.5%
Low
-18.9%
-3.8%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.