Lakeland Bancorp (LBAI) Stock Forecast, Price Target & Predictions
LBAI Stock Forecast
Lakeland Bancorp stock forecast is as follows: an average price target of $20.00 (represents a 48.92% upside from LBAI’s last price of $13.43) and a rating consensus of 'Strong Buy', based on 2 wall street analysts offering a 1-year stock forecast.
LBAI Price Target
The average price target for Lakeland Bancorp (LBAI) is $20.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $20.00 to $20.00. This represents a potential 48.92% upside from LBAI's last price of $13.43.
LBAI Analyst Ratings
According to 2 Wall Street analysts, Lakeland Bancorp's rating consensus is 'Strong Buy'. The analyst rating breakdown for LBAI stock is 1 'Strong Buy' (50.00%), 0 'Buy' (0.00%), 1 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Lakeland Bancorp Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Apr 29, 2022 | Raymond James | $20.00 | $15.27 | 30.98% | 48.92% |
The latest Lakeland Bancorp stock forecast, released on Apr 29, 2022 by Raymond James company, set a price target of $20.00, which represents a 30.98% increase from the stock price at the time of the forecast ($15.27), and a 48.92% increase from LBAI last price ($13.43).
Lakeland Bancorp Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $13.43 | $13.43 | $13.43 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Lakeland Bancorp stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Lakeland Bancorp's last price of $13.43. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Apr 23, 2024 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Hold |
| Apr 29, 2022 | Raymond James | Strong Buy | Strong Buy | Hold |
Lakeland Bancorp's last stock rating was published by Keefe, Bruyette & Woods on Apr 23, 2024. The company gave LBAI a "Market Perform" rating, the same as its previous rate.
Lakeland Bancorp Financial Forecast
Lakeland Bancorp Revenue Forecast
| Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Oct 21 | Jul 21 | Mar 21 | Dec 20 | Oct 20 | Jul 20 | Mar 20 | Dec 19 | Oct 19 | Jul 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | $82.19M | $729.00K | - | - | $657.00K | $64.89M | - | - | $61.88M | $61.39M | - | - | $57.32M | $56.93M | - | - | $53.73M | $47.06M | $46.98M |
| Avg Forecast | $85.10M | $82.46M | $78.38M | $75.16M | $73.92M | $71.60M | $69.09M | $69.58M | $73.77M | $76.58M | $81.38M | $87.50M | $90.09M | $89.60M | $82.15M | $81.78M | $64.89M | $64.86M | $64.58M | $63.43M | $59.11M | $58.49M | $58.06M | $55.98M | $54.90M | $56.06M | $55.49M | $53.33M | $49.06M | $45.59M |
| High Forecast | $85.10M | $82.46M | $78.38M | $75.16M | $73.92M | $71.60M | $69.09M | $69.58M | $73.77M | $77.26M | $81.38M | $87.50M | $90.09M | $89.60M | $82.15M | $81.78M | $64.89M | $64.86M | $64.58M | $63.43M | $59.11M | $58.49M | $58.06M | $55.98M | $54.90M | $56.06M | $55.49M | $53.33M | $58.87M | $54.70M |
| Low Forecast | $85.10M | $82.46M | $78.38M | $75.16M | $73.92M | $71.60M | $69.09M | $69.58M | $73.77M | $75.90M | $81.38M | $87.50M | $90.09M | $89.60M | $82.15M | $81.78M | $64.89M | $64.86M | $64.58M | $63.43M | $59.11M | $58.49M | $58.06M | $55.98M | $54.90M | $56.06M | $55.49M | $53.33M | $39.25M | $36.47M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 | 18 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 0.01% | - | - | 0.01% | 1.00% | - | - | 0.98% | 1.04% | - | - | 1.02% | 1.04% | - | - | 1.01% | 0.96% | 1.03% |
Lakeland Bancorp's average Quarter revenue forecast for Jul 23 based on 1 analysts is $81.38M, with a low forecast of $81.38M, and a high forecast of $81.38M. LBAI's average Quarter revenue forecast represents a -0.98% decrease compared to the company's last Quarter revenue of $82.19M (Mar 23).
Lakeland Bancorp EBITDA Forecast
| Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Oct 21 | Jul 21 | Mar 21 | Dec 20 | Oct 20 | Jul 20 | Mar 20 | Dec 19 | Oct 19 | Jul 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 | 18 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | $64.17M | $80.46M | - | - | $29.83M | $35.20M | - | - | $39.85M | $34.16M | - | - | $31.64M | $40.64M | - | - | $37.50M | $28.54M | $24.41M |
| Avg Forecast | $33.00M | $31.98M | $30.40M | $29.15M | $28.67M | $27.77M | $26.80M | $38.00M | $28.61M | $29.70M | $31.56M | $34.54M | $35.95M | $34.75M | $31.86M | $31.40M | $25.17M | $25.15M | $25.05M | $33.72M | $22.92M | $22.69M | $22.52M | $37.10M | $21.29M | $21.74M | $21.52M | $31.25M | $29.40M | $23.43M |
| High Forecast | $33.00M | $31.98M | $30.40M | $29.15M | $28.67M | $27.77M | $26.80M | $45.60M | $28.61M | $29.96M | $31.56M | $41.45M | $43.14M | $34.75M | $31.86M | $37.68M | $25.17M | $25.15M | $25.05M | $40.47M | $22.92M | $22.69M | $22.52M | $44.52M | $21.29M | $21.74M | $21.52M | $37.50M | $35.28M | $28.12M |
| Low Forecast | $33.00M | $31.98M | $30.40M | $29.15M | $28.67M | $27.77M | $26.80M | $30.40M | $28.61M | $29.44M | $31.56M | $27.63M | $28.76M | $34.75M | $31.86M | $25.12M | $25.17M | $25.15M | $25.05M | $26.98M | $22.92M | $22.69M | $22.52M | $29.68M | $21.29M | $21.74M | $21.52M | $25.00M | $23.52M | $18.75M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.86% | 2.24% | - | - | 0.95% | 1.40% | - | - | 1.18% | 1.49% | - | - | 0.85% | 1.91% | - | - | 1.20% | 0.97% | 1.04% |
1 analysts predict LBAI's average Quarter EBITDA for Jul 23 to be $31.56M, with a high of $31.56M and a low of $31.56M. This is -50.82% lower than Lakeland Bancorp's previous annual EBITDA (Mar 23) of $64.17M.
Lakeland Bancorp Net Income Forecast
| Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Oct 21 | Jul 21 | Mar 21 | Dec 20 | Oct 20 | Jul 20 | Mar 20 | Dec 19 | Oct 19 | Jul 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 | 18 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | $19.80M | $33.58M | - | - | $15.93M | $22.17M | - | - | $23.18M | $18.85M | - | - | $12.39M | $18.71M | - | - | $15.63M | $15.26M | $12.31M |
| Avg Forecast | $26.46M | $23.52M | $20.58M | $18.94M | $20.25M | $18.62M | $16.33M | $20.29M | $20.58M | $22.54M | $25.48M | $18.44M | $22.65M | $32.01M | $28.22M | $16.77M | $25.01M | $28.00M | $28.18M | $19.61M | $19.22M | $16.80M | $17.08M | $14.53M | $22.58M | $22.58M | $22.65M | $13.02M | $15.72M | $11.82M |
| High Forecast | $26.46M | $23.52M | $20.58M | $18.94M | $20.25M | $18.62M | $16.33M | $24.35M | $20.58M | $23.86M | $25.48M | $22.13M | $27.17M | $32.01M | $28.22M | $20.12M | $25.01M | $28.00M | $28.18M | $23.53M | $19.22M | $16.80M | $17.08M | $17.43M | $22.58M | $22.58M | $22.65M | $15.63M | $18.86M | $14.18M |
| Low Forecast | $26.46M | $23.52M | $20.58M | $18.94M | $20.25M | $18.62M | $16.33M | $16.23M | $20.58M | $21.87M | $25.48M | $14.76M | $18.12M | $32.01M | $28.22M | $13.41M | $25.01M | $28.00M | $28.18M | $15.69M | $19.22M | $16.80M | $17.08M | $11.62M | $22.58M | $22.58M | $22.65M | $10.42M | $12.57M | $9.46M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.07% | 1.48% | - | - | 0.95% | 0.89% | - | - | 1.18% | 0.98% | - | - | 0.85% | 0.83% | - | - | 1.20% | 0.97% | 1.04% |
Lakeland Bancorp's average Quarter net income forecast for Jul 23 is $25.48M, with a range of $25.48M to $25.48M. LBAI's average Quarter net income forecast represents a 28.64% increase compared to the company's last Quarter net income of $19.80M (Mar 23).
Lakeland Bancorp SG&A Forecast
| Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Oct 21 | Jul 21 | Mar 21 | Dec 20 | Oct 20 | Jul 20 | Mar 20 | Dec 19 | Oct 19 | Jul 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 | 18 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | $30.96M | $27.60M | - | - | $28.35M | $22.14M | - | - | $23.70M | $23.31M | - | - | $22.86M | $22.12M | - | - | $22.42M | $18.95M | $17.54M |
| Avg Forecast | $27.83M | $26.96M | $25.63M | $24.58M | $24.17M | $23.41M | $22.59M | $39.48M | $24.12M | $25.04M | $26.61M | $35.89M | $22.61M | $29.30M | $26.86M | $32.63M | $21.22M | $21.21M | $21.12M | $20.06M | $19.33M | $19.13M | $18.99M | $26.80M | $17.95M | $18.33M | $18.15M | $18.68M | $19.52M | $16.83M |
| High Forecast | $27.83M | $26.96M | $25.63M | $24.58M | $24.17M | $23.41M | $22.59M | $47.38M | $24.12M | $25.26M | $26.61M | $43.07M | $27.14M | $29.30M | $26.86M | $39.16M | $21.22M | $21.21M | $21.12M | $24.07M | $19.33M | $19.13M | $18.99M | $32.16M | $17.95M | $18.33M | $18.15M | $22.42M | $23.43M | $20.20M |
| Low Forecast | $27.83M | $26.96M | $25.63M | $24.58M | $24.17M | $23.41M | $22.59M | $31.59M | $24.12M | $24.82M | $26.61M | $28.72M | $18.09M | $29.30M | $26.86M | $26.11M | $21.22M | $21.21M | $21.12M | $16.04M | $19.33M | $19.13M | $18.99M | $21.44M | $17.95M | $18.33M | $18.15M | $14.94M | $15.62M | $13.47M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.86% | 1.22% | - | - | 0.87% | 1.04% | - | - | 1.18% | 1.21% | - | - | 0.85% | 1.23% | - | - | 1.20% | 0.97% | 1.04% |
Lakeland Bancorp's average Quarter SG&A projection for Jul 23 is $26.61M, based on 1 Wall Street analysts, with a range of $26.61M to $26.61M. The forecast indicates a -14.04% fall compared to LBAI last annual SG&A of $30.96M (Mar 23).
Lakeland Bancorp EPS Forecast
| Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Oct 21 | Jul 21 | Mar 21 | Dec 20 | Oct 20 | Jul 20 | Mar 20 | Dec 19 | Oct 19 | Jul 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 | 18 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | $0.30 | $0.51 | - | - | $0.25 | $0.44 | - | - | $0.45 | $0.37 | - | - | $0.24 | $0.37 | - | - | $0.31 | $0.32 | $0.26 |
| Avg Forecast | $0.41 | $0.36 | $0.32 | $0.29 | $0.31 | $0.28 | $0.25 | $0.27 | $0.32 | $0.34 | $0.39 | $0.46 | $0.48 | $0.49 | $0.43 | $0.21 | $0.38 | $0.43 | $0.43 | $0.39 | $0.29 | $0.26 | $0.26 | $0.29 | $0.35 | $0.35 | $0.35 | $0.28 | $0.34 | $0.24 |
| High Forecast | $0.41 | $0.36 | $0.32 | $0.29 | $0.31 | $0.28 | $0.25 | $0.27 | $0.32 | $0.37 | $0.39 | $0.46 | $0.48 | $0.49 | $0.43 | $0.21 | $0.38 | $0.43 | $0.43 | $0.39 | $0.29 | $0.26 | $0.26 | $0.29 | $0.35 | $0.35 | $0.35 | $0.28 | $0.41 | $0.29 |
| Low Forecast | $0.41 | $0.36 | $0.32 | $0.29 | $0.31 | $0.28 | $0.25 | $0.27 | $0.32 | $0.33 | $0.39 | $0.46 | $0.48 | $0.49 | $0.43 | $0.21 | $0.38 | $0.43 | $0.43 | $0.39 | $0.29 | $0.26 | $0.26 | $0.29 | $0.35 | $0.35 | $0.35 | $0.28 | $0.27 | $0.19 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.66% | 1.06% | - | - | 1.21% | 1.15% | - | - | 1.17% | 1.26% | - | - | 0.82% | 1.07% | - | - | 1.09% | 0.94% | 1.08% |
According to 1 Wall Street analysts, Lakeland Bancorp's projected average Quarter EPS for Jul 23 is $0.39, with a low estimate of $0.39 and a high estimate of $0.39. This represents a 30.00% increase compared to LBAI previous annual EPS of $0.30 (Mar 23).
Lakeland Bancorp Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CFB | CrossFirst Bankshares | $16.63 | $20.00 | 20.26% | Buy |
| FRST | Primis Financial | $12.24 | $14.00 | 14.38% | Buy |
| FFNW | First Financial Northwest | $21.85 | $23.50 | 7.55% | Hold |
| FNWB | First Northwest Bancorp | $10.36 | $11.00 | 6.18% | Hold |
| PEBO | Peoples Bancorp | $34.02 | $36.00 | 5.82% | Hold |
| EFSC | Enterprise Financial Services | $58.37 | $61.50 | 5.36% | Buy |
| HBCP | Home Bancorp | $48.80 | $50.00 | 2.46% | Buy |
| HFWA | Heritage Financial | $25.67 | $26.00 | 1.29% | Hold |
| PGC | Peapack-Gladstone Financial | $34.75 | $35.00 | 0.72% | Buy |
| CNOB | ConnectOne Bancorp | $25.58 | $25.00 | -2.27% | Buy |
| GSBC | Great Southern Bancorp | $64.79 | $62.00 | -4.31% | Hold |
| FMBH | First Mid Bancshares | $40.10 | $38.00 | -5.24% | Buy |
| FINW | FinWise Bancorp | $19.00 | $18.00 | -5.26% | Buy |
| BY | Byline Bancorp | $30.75 | $29.00 | -5.69% | Buy |
| FCCO | First Community | $25.95 | $21.00 | -19.08% | Buy |