LINKBANCORP, Inc. (NASDAQ:LNKB - Free Report) - Research analysts at DA Davidson dropped their FY2025 earnings estimates for LINKBANCORP in a research report issued on Thursday, December 19th. DA Davidson analyst M. Navas now expects that the company will post earnings per share of $0.85 for the year, down from their previous estimate of $0.87. The consensus estimate for LINKBANCORP's current full-year earnings is $0.71 per share.
LINKBANCORP (NASDAQ:LNKB - Get Free Report) last posted its quarterly earnings results on Monday, October 28th. The company reported $0.19 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.19. The company had revenue of $27.66 million for the quarter, compared to analyst estimates of $27.33 million. LINKBANCORP had a net margin of 3.65% and a return on equity of 7.86%.
LINKBANCORP Stock Performance
LNKB stock traded up $0.21 during trading on Friday, reaching $7.72. 250,901 shares of the stock were exchanged, compared to its average volume of 59,096. LINKBANCORP has a twelve month low of $5.86 and a twelve month high of $8.29. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $288.50 million, a P/E ratio of -110.29 and a beta of 0.45. The stock has a 50 day simple moving average of $7.22 and a 200-day simple moving average of $6.71.
LINKBANCORP Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Friday, November 29th were given a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a dividend yield of 3.89%. The ex-dividend date was Friday, November 29th. LINKBANCORP's dividend payout ratio is presently -428.57%.
Hedge Funds Weigh In On LINKBANCORP
A number of hedge funds have recently made changes to their positions in LNKB. Fourthstone LLC raised its position in LINKBANCORP by 234.1% in the third quarter. Fourthstone LLC now owns 444,223 shares of the company's stock worth $2,847,000 after purchasing an additional 311,271 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of LINKBANCORP by 13.7% during the 3rd quarter. Geode Capital Management LLC now owns 562,775 shares of the company's stock worth $3,608,000 after buying an additional 67,728 shares during the period. Bank of New York Mellon Corp acquired a new stake in LINKBANCORP in the 2nd quarter valued at $397,000. Renaissance Technologies LLC acquired a new stake in LINKBANCORP in the 2nd quarter valued at $151,000. Finally, Rhumbline Advisers bought a new stake in LINKBANCORP in the second quarter valued at $137,000. Institutional investors and hedge funds own 37.52% of the company's stock.
LINKBANCORP Company Profile
(
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LINKBANCORP, Inc operates as a bank holding company for The Gratz Bank, that provides various banking products and services to individuals, families, nonprofit, and business customers in Pennsylvania. Its deposit products include demand, saving, and money market accounts, as well as certificates of deposits.
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