LCNB (NASDAQ:LCNB) Shares Pass Below 200 Day Moving Average – Time to Sell?

LCNB Corporation (NASDAQ:LCNB)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $16.46 and traded as low as $15.70. LCNB shares last traded at $15.98, with a volume of 12,292 shares traded.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “buy (b-)” rating on shares of LCNB in a report on Friday, April 17th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, LCNB presently has an average rating of “Buy”.

LCNB Stock Performance

The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.38. The stock has a 50 day simple moving average of $16.21 and a two-hundred day simple moving average of $16.48. The stock has a market capitalization of $233.27 million, a P/E ratio of 10.17 and a beta of 0.57.

LCNB (NASDAQ:LCNB) last posted its quarterly earnings results on Wednesday, April 22nd. The bank reported $0.31 earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.04). LCNB had a net margin of 18.50% and a return on equity of 8.48%. The company had revenue of $23.54 million during the quarter, compared to the consensus estimate of $23.30 million. On average, equities analysts forecast that LCNB Corporation will post 1.67 EPS for the current fiscal year.

LCNB Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 5.4%. The ex-dividend date is Monday, June 1st. LCNB’s payout ratio is currently 54.66%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. CANADA LIFE ASSURANCE Co boosted its stake in LCNB by 57.7% in the 4th quarter. CANADA LIFE ASSURANCE Co now owns 1,648 shares of the bank’s stock valued at $27,000 after purchasing an additional 603 shares during the period. CWM LLC boosted its stake in LCNB by 191.7% in the 3rd quarter. CWM LLC now owns 2,491 shares of the bank’s stock valued at $37,000 after purchasing an additional 1,637 shares during the period. BNP Paribas Financial Markets boosted its stake in LCNB by 182.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 3,602 shares of the bank’s stock valued at $54,000 after purchasing an additional 2,328 shares during the period. Tower Research Capital LLC TRC boosted its stake in LCNB by 202.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,803 shares of the bank’s stock valued at $55,000 after purchasing an additional 2,546 shares during the period. Finally, Los Angeles Capital Management LLC bought a new stake in LCNB in the 4th quarter valued at $146,000. 34.73% of the stock is owned by institutional investors and hedge funds.

LCNB Company Profile

LCNB Financial Corp (NASDAQ: LCNB) is the bank holding company for LCNB National Bank, a community-focused regional bank headquartered in Cincinnati, Ohio. Through its banking subsidiary, LCNB provides a full suite of deposit and lending solutions designed to meet the needs of individual consumers, small businesses, and middle-market commercial clients. The company emphasizes personalized service, offering checking, savings, money market, and certificate of deposit accounts alongside digital and mobile banking platforms.

On the lending side, LCNB National Bank extends a range of credit products, including commercial and industrial loans, real estate and construction financing, agricultural loans, residential mortgages, and consumer lending.