LCNB (NASDAQ:LCNB - Get Free Report) issued its quarterly earnings data on Thursday. The bank reported $0.44 EPS for the quarter, topping analysts' consensus estimates of $0.30 by $0.14, Zacks reports. LCNB had a net margin of 10.76% and a return on equity of 7.12%.
LCNB Stock Performance
LCNB stock traded down $0.08 during trading hours on Monday, hitting $15.38. 26,698 shares of the stock traded hands, compared to its average volume of 19,828. The firm's 50 day moving average price is $15.78 and its 200-day moving average price is $15.47. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.93 and a quick ratio of 0.91. The stock has a market capitalization of $217.01 million, a price-to-earnings ratio of 15.86 and a beta of 0.78. LCNB has a 1 year low of $12.42 and a 1 year high of $17.92.
LCNB Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 2nd were paid a $0.22 dividend. The ex-dividend date was Monday, December 2nd. This represents a $0.88 dividend on an annualized basis and a yield of 5.72%. LCNB's dividend payout ratio (DPR) is 90.72%.
Analyst Upgrades and Downgrades
Separately, Hovde Group started coverage on LCNB in a research note on Friday, December 20th. They set a "market perform" rating and a $16.25 price target on the stock.
View Our Latest Analysis on LCNB
About LCNB
(
Get Free Report)
LCNB Corp. operates as the financial holding company for LCNB National Bank that provides banking services in Ohio. Its deposit products include checking accounts, demand deposits, savings accounts, NOW and money market deposits, as well as individual retirement accounts and time certificates. The company's loan products comprise commercial and industrial, commercial and residential real estate, agricultural, construction, and small business administration loans; and residential mortgage loans that consists of loans for purchasing or refinancing personal residences, home equity lines of credit, and loans for commercial or consumer purposes secured by residential mortgages.
Read More
Before you consider LCNB, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and LCNB wasn't on the list.
While LCNB currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
