How to Buy Lakeland Bancorp Stock
Lakeland Bancorp Inc
Lakeland Bancorp, Inc. operates as the bank holding company for Lakeland Bank that offers various banking products and services for individuals and small to medium sized businesses.
Lakeland Bancorp stock last closed at $12.94, up 2.21% from the previous day, and has increased 0.31% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.27 percentage points. Lakeland Bancorp stock is currently +21.5% from its 52-week low of $10.65, and -19.13% from its 52-week high of $16.00.
As of May 3, 2024, there are 65.15M LBAI shares outstanding. The market cap of LBAI is $843.10M. In the past 24 hours, 232,706 LBAI shares were traded.
How to Buy Lakeland Bancorp Stock
Not sure how to invest in Lakeland Bancorp stock? Here's how.
- Decide where to buy Lakeland Bancorp stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you decide where to buy Lakeland Bancorp stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Pick your method of payment and add your info.
- Analyze Lakeland Bancorp stock: The Lakeland Bancorp ticker symbol is LBAI. Is Lakeland Bancorp stock a good investment? Should you buy shares of LBAI? How do LBAI's underlying business fundamentals look? Do top analysts think Lakeland Bancorp is a good buy? Why has LBAI's stock price moved recently? (Hint: Our stock market research tools can help you decide if LBAI is a good stock to buy).
- Execute your LBAI trade: Decide if you will purchase LBAI shares at the current market price or use a limit order to purchase LBAI shares at a specific price.
- Track your investment in LBAI: Create a watchlist to track your position in Lakeland Bancorp shares.
Step 1: Decide where to buy Lakeland Bancorp stock
You need a brokerage account in order to access the NASDAQ market and buy LBAI shares.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the best brokerage, you need to fill out some personal info so you are able to buy LBAI stock today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Fund your brokerage account
Now that you've opened your account on app for investing, you need to deposit funds:
Watch the tutorial below to see the process of depositing money into your investment account.
Step 4: Analyze Lakeland Bancorp stock
Once you have selected the best place to buy Lakeland Bancorp stock, it's important to analyze their stock before you buy, so you truly wrap your head around the risk as well as the upside.
Lakeland Bancorp shares data
Fundamentals of LBAI
WallStreetZen was created to help everyday investors perform more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on LBAI's stock page.
What is the fair value of LBAI stock?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge LBAI's true value.
Using relative valuations methods:
- LBAI may be undervalued based on its P/E ratio of 10.03x, relative to Banks - Regional industry P/E ratio of -10.04x
- LBAI may be undervalued based on its P/B ratio of 0.71x, relative to Banks - Regional industry P/B ratio of 1x
You can do additional valuation research on LBAI's stock here.
LBAI Financials at a glance
Passed Financial Due Diligence Checks:
- Total LBAI debt is lower than 5 years ago, relative to shareholder equity.
- LBAI earnings of $110.80M is not sufficient to cover its interest payments.
Failed Financial Due Diligence Checks:
- LBAI has a relatively high debt to equity ratio of 8.3.
- LBAI's operating cash flow of $103.46M allows it to safely service it's debt of $1.14B.
- LBAI profit margin has gone down from 33.1% to 29.2% in the past year.
Do Wall Street analysts think it's a good time to buy Lakeland Bancorp stock
Out of 1 Equities analysts who give ratings on LBAI, the consensus analyst rating on LBAI is a Hold
Please note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Lakeland Bancorp stock forecast page.
LBAI Momentum
LBAI Revenue
Last year, LBAI earnings were $84.73M. During the past five year, LBAI's earnings have grown by -0.31% per year. This was slower than the Banks - Regional industry average of 16.01%.
Last year, LBAI revenue was $289.81M. In the last 5 year, LBAI's revenue has increased by 7.81% per year. This was faster than the Banks - Regional industry average of 7.55%.
Find out more about LBAI's earnings and revenue performance here.
What are LBAI insiders up to?
In the past year, executives and large shareholders at LBAI have sold more shares than they have bought.
Paul Hosingloy, EVP Chief Information Officer of LBAI, was the latest LBAI insider to sell. They sold $21,826.56 worth of LBAI stock on Feb 27, 2024.
Learn more about who owns LBAI shares here.
Does LBAI stock generate passive income?
Lakeland Bancorp pays a dividend of 5.6%, compared to the Banks - Regional industry's average dividend yield of 3.76%. If you owned $1,000 of LBAI stock, you would have been paid $56.03 in the past year.
Lakeland Bancorp dividend payments have consistently grown over the past decade and have remained stable.
Find more analysis about Lakeland Bancorp dividend yield and history here.
What others are saying about LBAI
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Execute your LBAI trade
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given price, use a limit order.
Press the Open button and eToro will execute your order.
If you need more info about buying stocks on eToro, watch the how to video below:
Step 6: Track your investment in LBAI
Now that you own some LBAI shares, you'll want to stay up-to-date on your company.
Put LBAI on a watchlist to track the most important metrics related to your LBAI stock.
LBAI Feed
How to Buy Stock in Lakeland Bancorp
To reiterate, here are the 6 steps to buy stock in Lakeland Bancorp:
- Decide where to buy Lakeland Bancorp stock
- Open your brokerage account
- Fund your brokerage account
- Analyze Lakeland Bancorp stock
- Execute your LBAI trade
- Track your investment in LBAI
If you are looking for a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to track your new investment in Lakeland Bancorp, add LBAI to your watchlist below.
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