LCNB Corp. (LCNB) to Release Quarterly Earnings on Tuesday
LCNB Corp. (NASDAQ:LCNB) is scheduled to be announcing its earnings results on Tuesday, October 18th. Analysts expect the company to announce earnings of $0.32 per share for the quarter.
LCNB Corp. (NASDAQ:LCNB) last released its earnings results on Tuesday, July 19th. The company reported $0.29 earnings per share for the quarter. LCNB Corp. had a net margin of 21.51% and a return on equity of 8.04%. On average, analysts expect LCNB Corp. to post $1.25 EPS for the current fiscal year and $1.35 EPS for the next fiscal year.
LCNB Corp. (NASDAQ:LCNB) opened at 18.03 on Monday. The company has a market cap of $179.90 million, a P/E ratio of 15.80 and a beta of 0.08. The company has a 50-day moving average of $17.95 and a 200-day moving average of $17.18. LCNB Corp. has a 52-week low of $15.07 and a 52-week high of $19.13.
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In other news, EVP Eric J. Meilstrup sold 9,825 shares of the company’s stock in a transaction on Monday, August 29th. The shares were sold at an average price of $17.55, for a total value of $172,428.75. Following the sale, the executive vice president now directly owns 11,653 shares of the company’s stock, valued at approximately $204,510.15. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Chairman Stephen P. Wilson sold 27,560 shares of the company’s stock in a transaction on Monday, July 25th. The shares were sold at an average price of $17.11, for a total transaction of $471,551.60. Following the completion of the sale, the chairman now directly owns 92,653 shares in the company, valued at $1,585,292.83. The disclosure for this sale can be found here. 4.69% of the stock is currently owned by insiders.
A number of research firms have weighed in on LCNB. FBR & Co lowered shares of LCNB Corp. from an “outperform” rating to a “market perform” rating and set a $19.00 target price on the stock. in a report on Tuesday, October 11th. Zacks Investment Research lowered shares of LCNB Corp. from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 21st.
LCNB Corp. Company Profile
LCNB Corp. (LCNB) is a financial holding company. The Company’s subsidiary includes LCNB National Bank (the Bank). The Bank offers commercial and personal banking services. Its services include safe deposit boxes, night depositories, cashier’s checks, utility bill collections, notary public service, mobile banking and other services tailored for both individuals and businesses.
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