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 |
|---|---|---|---|---|---|
| LBAI | Lakeland Bancorp | $13.43 | $20.00 | 48.92% | Strong Buy |
| FRST | Primis Financial | $11.12 | $14.00 | 25.90% | Buy |
| PEBO | Peoples Bancorp | $30.27 | $36.00 | 18.93% | Hold |
| CNOB | ConnectOne Bancorp | $24.14 | $27.67 | 14.62% | Buy |
| CFB | CrossFirst Bankshares | $15.47 | $17.60 | 13.77% | Buy |
| FNWB | First Northwest Bancorp | $9.75 | $11.00 | 12.82% | Hold |
| HFWA | Heritage Financial | $23.23 | $26.00 | 11.92% | Hold |
| EFSC | Enterprise Financial Services | $52.43 | $58.67 | 11.90% | Buy |
| GSBC | Great Southern Bancorp | $56.66 | $62.00 | 9.42% | Hold |
| FINW | FinWise Bancorp | $16.45 | $18.00 | 9.42% | Buy |
| PGC | Peapack-Gladstone Financial | $32.00 | $35.00 | 9.38% | Buy |
| BY | Byline Bancorp | $26.52 | $29.00 | 9.35% | Buy |
| HBCP | Home Bancorp | $46.16 | $50.00 | 8.32% | Buy |
| FFNW | First Financial Northwest | $22.11 | $23.50 | 6.29% | Hold |
| FMBH | First Mid Bancshares | $37.50 | $38.00 | 1.33% | Strong Buy |
| FCCO | First Community | $23.42 | $21.00 | -10.33% | Buy |
LBAI Forecast FAQ
Is Lakeland Bancorp a good buy?
Yes, according to 2 Wall Street analysts, Lakeland Bancorp (LBAI) is considered a 'Strong Buy'. The rating consensus is based on 1 'Strong Buy' and 0 'Buy' recommendations, accounting for 50.00% of LBAI's total ratings.
What is LBAI's price target?
Lakeland Bancorp (LBAI) average price target is $20 with a range of $20 to $20, implying a 48.92% from its last price of $13.43. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Lakeland Bancorp stock go up soon?
According to Wall Street analysts' prediction for LBAI stock, the company can go up by 48.92% (from the last price of $13.43 to the average price target of $20), up by 48.92% based on the highest stock price target, and up by 48.92% based on the lowest stock price target.
Can Lakeland Bancorp stock reach $20?
LBAI's average twelve months analyst stock price target of $20 does not support the claim that Lakeland Bancorp can reach $20 in the near future.
What are Lakeland Bancorp's analysts' financial forecasts?
Lakeland Bancorp's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $284.2M (high $284.2M, low $284.2M), average EBITDA is $121.23M (high $128.83M, low $113.63M), average net income is $75.49M (high $79.54M, low $71.43M), average SG&A $109.66M (high $117.56M, low $101.77M), and average EPS is $1.11 (high $1.11, low $1.11). LBAI's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $321.09M (high $321.09M, low $321.09M), average EBITDA is $124.53M (high $124.53M, low $124.53M), average net income is $89.49M (high $89.49M, low $89.49M), average SG&A $105M (high $105M, low $105M), and average EPS is $1.37 (high $1.37, low $1.37).
Did the LBAI's actual financial results beat the analysts' financial forecasts?
Based on Lakeland Bancorp's last annual report (Dec 2022), the company's revenue was $2.75M, which missed the average analysts forecast of $343.62M by -99.20%. Apple's EBITDA was $215.73M, beating the average prediction of $133.96M by 61.04%. The company's net income was $107.37M, beating the average estimation of $99.64M by 7.76%. Apple's SG&A was $110.89M, missing the average forecast of $111.41M by -0.46%. Lastly, the company's EPS was $2.13, beating the average prediction of $1.61 by 32.20%. In terms of the last quarterly report (Mar 2023), Lakeland Bancorp's revenue was $82.19M, missing the average analysts' forecast of $87.5M by -6.07%. The company's EBITDA was $64.17M, beating the average prediction of $34.54M by 85.77%. Lakeland Bancorp's net income was $19.8M, beating the average estimation of $18.44M by 7.38%. The company's SG&A was $30.96M, missing the average forecast of $35.89M by -13.75%. Lastly, the company's EPS was $0.3, missing the average prediction of $0.458 by -34.43%