Zacks: LCNB Corp. (LCNB) Receives Consensus Rating of “Hold” from Analysts
Shares of LCNB Corp. (NASDAQ:LCNB) have been assigned a consensus broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation.
Zacks has also assigned LCNB an industry rank of 103 out of 255 based on the ratings given to related companies.
Several equities research analysts have recently commented on the company. Zacks Investment Research upgraded LCNB from a “sell” rating to a “hold” rating in a research note on Wednesday, June 20th. ValuEngine lowered LCNB from a “hold” rating to a “sell” rating in a research note on Tuesday, August 14th. BidaskClub lowered LCNB from a “hold” rating to a “sell” rating in a research note on Saturday, August 25th. Finally, Boenning Scattergood restated a “hold” rating on shares of LCNB in a research note on Tuesday, July 31st.
Shares of NASDAQ:LCNB traded up $0.05 during midday trading on Friday, hitting $18.90. The company had a trading volume of 18,800 shares, compared to its average volume of 16,099. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.86 and a quick ratio of 0.86. The firm has a market capitalization of $244.05 million, a price-to-earnings ratio of 14.92 and a beta of 0.29. LCNB has a 12-month low of $17.93 and a 12-month high of $22.84.
LCNB (NASDAQ:LCNB) last posted its quarterly earnings data on Friday, July 20th. The bank reported $0.31 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.01). The company had revenue of $14.16 million during the quarter, compared to analysts’ expectations of $14.45 million. LCNB had a return on equity of 8.04% and a net margin of 19.98%. equities research analysts expect that LCNB will post 1.5 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 17th. Stockholders of record on Tuesday, September 4th will be paid a $0.16 dividend. The ex-dividend date of this dividend is Friday, August 31st. This represents a $0.64 annualized dividend and a dividend yield of 3.39%. LCNB’s dividend payout ratio (DPR) is 50.39%.
LCNB Company Profile
LCNB Corp., a financial holding company, provides commercial and personal banking services in Ohio. Its deposit products include checking, NOW, savings, Christmas and vacation club, money market deposit, lifetime checking, and individual retirement accounts, as well as certificates of deposit. The company's loan portfolio comprises commercial and industrial, commercial and residential real estate, agricultural, construction, small business administration, and residential mortgage loans.
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