Q1 Earnings Forecast for LINKBANCORP Issued By DA Davidson

LINKBANCORP, Inc. (NASDAQ:LNKB - Free Report) - Investment analysts at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for shares of LINKBANCORP in a report issued on Friday, January 31st. DA Davidson analyst M. Navas expects that the company will post earnings per share of $0.20 for the quarter. DA Davidson has a "Buy" rating and a $9.00 price objective on the stock. The consensus estimate for LINKBANCORP's current full-year earnings is $0.82 per share.

LINKBANCORP Price Performance

Shares of LNKB stock traded down $0.01 during trading on Monday, hitting $7.34. The company had a trading volume of 36,306 shares, compared to its average volume of 36,504. The firm has a market capitalization of $274.30 million, a P/E ratio of 10.49 and a beta of 0.44. LINKBANCORP has a one year low of $5.86 and a one year high of $7.98. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.00 and a current ratio of 1.00. The stock's 50-day moving average price is $7.43 and its 200 day moving average price is $6.93.

LINKBANCORP (NASDAQ:LNKB - Get Free Report) last issued its quarterly earnings data on Monday, January 27th. The company reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.01. LINKBANCORP had a net margin of 15.64% and a return on equity of 9.89%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of LNKB. Fourthstone LLC grew its stake in LINKBANCORP by 234.1% during the third quarter. Fourthstone LLC now owns 444,223 shares of the company's stock worth $2,847,000 after buying an additional 311,271 shares in the last quarter. Geode Capital Management LLC boosted 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 acquiring an additional 67,728 shares in the last quarter. Renaissance Technologies LLC bought a new position in LINKBANCORP in the second quarter valued at approximately $151,000. Stonebridge Financial Group LLC acquired a new position in LINKBANCORP during the fourth quarter valued at approximately $150,000. Finally, JPMorgan Chase & Co. lifted its stake in LINKBANCORP by 133.1% during the third quarter. JPMorgan Chase & Co. now owns 29,788 shares of the company's stock worth $191,000 after purchasing an additional 17,011 shares during the last quarter. Institutional investors and hedge funds own 37.52% of the company's stock.

LINKBANCORP Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be issued a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a dividend yield of 4.09%. The ex-dividend date is Friday, February 28th. LINKBANCORP's dividend payout ratio (DPR) is currently 42.86%.

About LINKBANCORP

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.