LCNB (NASDAQ:LCNB – Get Free Report) was upgraded by investment analysts at StockNews.com from a “sell” rating to a “hold” rating in a note issued to investors on Wednesday.
LCNB Stock Performance
Shares of LCNB opened at $15.81 on Wednesday. The firm’s fifty day simple moving average is $14.86 and its two-hundred day simple moving average is $14.56. LCNB has a 12 month low of $12.42 and a 12 month high of $17.09. The company has a current ratio of 0.93, a quick ratio of 0.90 and a debt-to-equity ratio of 0.66. The stock has a market capitalization of $223.60 million, a P/E ratio of 17.18 and a beta of 0.76.
LCNB (NASDAQ:LCNB – Get Free Report) last issued its earnings results on Tuesday, July 23rd. The bank reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.11. The business had revenue of $19.30 million during the quarter, compared to the consensus estimate of $18.50 million. LCNB had a return on equity of 6.55% and a net margin of 5.97%. As a group, analysts predict that LCNB will post 1 EPS for the current year.
Institutional Inflows and Outflows
About LCNB
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.
See Also
- Five stocks we like better than LCNB
- Most active stocks: Dollar volume vs share volume
- Galmed Pharmaceuticals Surges 400%: What’s Behind the Explosion?
- 3 Home Improvement Stocks that Can Upgrade Your Portfolio
- Gold Hits New All-Time Highs: 3 Stocks to Ride the Surge
- Insider Trading – What You Need to Know
- Intel: Why It’s Time to Reconsider This Beaten-Down Chipmaker
Receive News & Ratings for LCNB Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LCNB and related companies with MarketBeat.com's FREE daily email newsletter.