Shares of LCNB Corp. (NASDAQ:LCNB) have earned an average broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold recommendation.

Zacks has also given LCNB an industry rank of 171 out of 256 based on the ratings given to its competitors.

Several equities research analysts have recently commented on the stock. ValuEngine cut shares of LCNB from a “hold” rating to a “sell” rating in a research report on Friday, October 26th. Boenning Scattergood reiterated a “hold” rating on shares of LCNB in a research note on Tuesday, October 23rd. Zacks Investment Research lowered shares of LCNB from a “hold” rating to a “sell” rating in a research note on Tuesday, September 25th. Finally, BidaskClub upgraded shares of LCNB from a “sell” rating to a “hold” rating in a research note on Saturday, September 22nd.

Shares of NASDAQ:LCNB traded up $0.04 on Tuesday, hitting $15.79. The company had a trading volume of 3,308 shares, compared to its average volume of 23,373. LCNB has a 1 year low of $14.56 and a 1 year high of $21.60. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.11. The stock has a market cap of $209.43 million, a price-to-earnings ratio of 12.43 and a beta of 0.45.

LCNB (NASDAQ:LCNB) last posted its earnings results on Friday, October 19th. The bank reported $0.34 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.39 by ($0.05). LCNB had a return on equity of 8.09% and a net margin of 20.37%. The company had revenue of $16.02 million during the quarter, compared to analysts’ expectations of $16.92 million. Equities analysts forecast that LCNB will post 1.4 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Monday, December 17th. Investors of record on Monday, December 3rd were paid a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 4.31%. This is a positive change from LCNB’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend was Friday, November 30th. LCNB’s dividend payout ratio (DPR) is presently 53.54%.

Institutional investors have recently modified their holdings of the stock. American Century Companies Inc. bought a new position in shares of LCNB in the 2nd quarter worth about $269,000. Pacific Ridge Capital Partners LLC increased its stake in shares of LCNB by 41.8% in the 3rd quarter. Pacific Ridge Capital Partners LLC now owns 139,310 shares of the bank’s stock worth $2,598,000 after acquiring an additional 41,044 shares in the last quarter. Bank of America Corp DE increased its stake in shares of LCNB by 928.7% in the 2nd quarter. Bank of America Corp DE now owns 29,914 shares of the bank’s stock worth $589,000 after acquiring an additional 27,006 shares in the last quarter. Strs Ohio increased its stake in shares of LCNB by 23.4% in the 2nd quarter. Strs Ohio now owns 19,500 shares of the bank’s stock worth $384,000 after acquiring an additional 3,700 shares in the last quarter. Finally, Millennium Management LLC increased its stake in shares of LCNB by 79.2% in the 2nd quarter. Millennium Management LLC now owns 51,630 shares of the bank’s stock worth $1,017,000 after acquiring an additional 22,815 shares in the last quarter. Institutional investors own 30.86% of the company’s stock.

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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