LCNB (NASDAQ:LCNB) Releases Earnings Results, Misses Expectations By $0.06 EPS

LCNB (NASDAQ:LCNB - Get Free Report) issued its quarterly earnings data on Tuesday. The bank reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.06), Zacks reports. LCNB had a return on equity of 7.12% and a net margin of 10.76%.LCNB Price PerformanceLCNB traded up $0.53 on Tuesday, reaching $14.50. The stock had a trading volume of 14,478 shares, compared to its average volume of 22,826. The company has a market capitalization of $205.42 million, a price-to-earnings ratio of 14.95 and a beta of 0.68. The firm has a 50-day moving average of $14.65 and a 200-day moving average of $15.40. The company has a current ratio of 0.93, a quick ratio of 0.91 and a debt-to-equity ratio of 0.61. LCNB has a fifty-two week low of $12.42 and a fifty-two week high of $17.92. LCNB Dividend AnnouncementThe business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.22 per share. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $0.88 annualized dividend and a dividend yield of 6.07%. LCNB's dividend payout ratio (DPR) is presently 90.72%. Analysts Set New Price TargetsSeparately, StockNews.com cut LCNB from a "buy" rating to a "hold" rating in a report on Wednesday, April 9th.Read Our Latest Analysis on LCNBLCNB Company Profile (Get Free Report)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.Read MoreFive stocks we like better than LCNBHow to Short Nasdaq: An Easy-to-Follow GuideHow to Invest in Micro-Cap Stocks Like a ProWhy is the Ex-Dividend Date Significant to Investors?Investors Sell Microsoft Stock on OpenAI News—Time to Buy? How to Read Stock Charts for BeginnersTake-Two Interactive: A Defensive Play Set to ExplodeThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in LCNB Right Now?Before you consider LCNB, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and LCNB wasn't on the list.While LCNB currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here