Lake Shore Bancorp Stock Today
| LSBK Stock | USD 10.49 0.19 1.84% |
Performance0 of 100
| Odds Of DistressLess than 6
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Lake Shore is selling for 10.49 as of the 22nd of April 2024. This is a 1.84 percent increase since the beginning of the trading day. The stock's last reported lowest price was 10.49. Lake Shore has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Lake Shore Bancorp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of March 2024 and ending today, the 22nd of April 2024. Click here to learn more.
Business Domain Banks | IPO Date 4th of April 2006 | Category Financial Services | Classification Financials |
Lake Shore Bancorp, Inc. operates as the savings and loan holding company for Lake Shore Savings Bank that provides banking products and services. The company was founded in 1891 and is headquartered in Dunkirk, New York. Lake Shore operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. The company has 5.68 M outstanding shares of which 3.1 K shares are now shorted by private and institutional investors with about 2.62 trading days to cover. More on Lake Shore Bancorp
Moving together with Lake Stock
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Moving against Lake Stock
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Lake Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Lake Shore's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Lake Shore or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Daniel Reininga | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Thrifts & Mortgage Finance, Banks - Regional, Financial Services, NASDAQ Composite, NASDAQ Composite Total, Financials, Thrifts & Mortgage Finance, Banks—Regional, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Lake Shore report their recommendations after researching Lake Shore's financial statements, talking to executives and customers, or listening in on Lake Shore's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Lake Shore Bancorp. The Lake consensus assessment is calculated by taking the average forecast from all of the analysts covering Lake Shore. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from Lake Shore's historical financial statements, Lake Shore Bancorp may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. Financial strength of Lake Shore Bancorp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Lake Shore's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Lake Shore's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Lake Shore's financial leverage. It provides some insight into what part of Lake Shore's total assets is financed by creditors.
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Lake Shore Bancorp (LSBK) is traded on NASDAQ Exchange in USA. It is located in 31 East Fourth Street, Dunkirk, NY, United States, 14048 and employs 115 people. Lake Shore is listed under Thrifts & Mortgage Finance category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 58.55 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Lake Shore's market, we take the total number of its shares issued and multiply it by Lake Shore's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Lake Shore Bancorp conducts business under Thrifts & Mortgage Finance sector and is part of Financials industry. The entity has 5.68 M outstanding shares of which 3.1 K shares are now shorted by private and institutional investors with about 2.62 trading days to cover.
Lake Shore Bancorp currently holds about 19.68 M in cash with 6.21 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.33.
Check Lake Shore Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Lake Shore Bancorp is $58.55 Million. Lake Shore Bancorp secures majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 67.8 % of Lake Shore Bancorp outstanding shares that are owned by insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note, that even with substantial debt, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point.
Check Lake Ownership Details
Lake Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Lake Shore jumping above the current price in 90 days from now is close to 99%. The Lake Shore Bancorp probability density function shows the probability of Lake Shore stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Lake Shore has a beta of 0.3619. This indicates as returns on the market go up, Lake Shore average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Lake Shore Bancorp will be expected to be much smaller as well. Additionally, lake Shore Bancorp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Lake Shore to move above the current price in 90 days from now is close to 99 (This Lake Shore Bancorp probability density function shows the probability of Lake Stock to fall within a particular range of prices over 90 days) .
Lake Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Lake Shore that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Lake Shore's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Lake Shore's value.| Instituion | Recorded On | Shares | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 9.1 K | |
| Blackrock Inc | 2023-12-31 | 4.8 K | |
| Bank Of America Corp | 2023-12-31 | 4.5 K | |
| Tower Research Capital Llc | 2023-12-31 | 261 | |
| Royal Bank Of Canada | 2023-12-31 | 127 | |
| Wells Fargo & Co | 2023-12-31 | 14.0 | |
| Capital Advisors, Ltd. Llc | 2023-12-31 | 6.0 | |
| Advisor Group Holdings, Inc. | 2023-12-31 | 0.0 | |
| M3f, Inc. | 2023-12-31 | 102.3 K | |
| Stilwell Value Llc | 2023-12-31 | 100 K | |
| Hbk Sorce Advisory Llc | 2023-12-31 | 62.5 K |
Lake Shore Historical Income Statement
Lake Shore Bancorp Income Statement is one of the three primary financial statements used for reporting Lake's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Lake Shore Bancorp revenue and expense. Lake Shore Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Lake Shore's Total Operating Expenses is quite stable compared to the past year. Total Other Income Expense Net is expected to rise to about 6.5 M this year, although the value of Income Before Tax will most likely fall to about 4.5 M. View More FundamentalsLake Stock Against Markets
Picking the right benchmark for Lake Shore stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Lake Shore stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Lake Shore is critical whether you are bullish or bearish towards Lake Shore Bancorp at a given time. Please also check how Lake Shore's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Lake Shore without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Lake Shore Corporate Directors
Lake Shore corporate directors refer to members of a Lake Shore board of directors. The board of directors generally takes responsibility for the Lake Shore's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Lake Shore's board members must vote for the resolution. The Lake Shore board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Jack Mehltretter | Independent Director | Profile | |
| John McGrath | Director | Profile | |
| Reginald Corsi | Independent Director | Profile | |
| Nancy Yocum | Independent Director | Profile |
How to buy Lake Stock?
Before investing in Lake Shore, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Lake Shore. To buy Lake Shore stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Lake Shore. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Lake Shore stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Lake Shore Bancorp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Lake Shore Bancorp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Lake Shore Bancorp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Lake Stock please use our How to Invest in Lake Shore guide.
Already Invested in Lake Shore Bancorp?
The danger of trading Lake Shore Bancorp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Lake Shore is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Lake Shore. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Lake Shore Bancorp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Lake Shore Bancorp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Lake Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Lake Shore Bancorp Stock. Highlighted below are key reports to facilitate an investment decision about Lake Shore Bancorp Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lake Shore Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Lake Shore Bancorp information on this page should be used as a complementary analysis to other Lake Shore's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Lake Stock analysis
When running Lake Shore's price analysis, check to measure Lake Shore's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lake Shore is operating at the current time. Most of Lake Shore's value examination focuses on studying past and present price action to predict the probability of Lake Shore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lake Shore's price. Additionally, you may evaluate how the addition of Lake Shore to your portfolios can decrease your overall portfolio volatility.
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Is Lake Shore's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lake Shore. If investors know Lake will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lake Shore listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.34) | Earnings Share 0.82 | Revenue Per Share 4.788 | Quarterly Revenue Growth (0.06) | Return On Assets 0.0068 |
The market value of Lake Shore Bancorp is measured differently than its book value, which is the value of Lake that is recorded on the company's balance sheet. Investors also form their own opinion of Lake Shore's value that differs from its market value or its book value, called intrinsic value, which is Lake Shore's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lake Shore's market value can be influenced by many factors that don't directly affect Lake Shore's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lake Shore's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lake Shore is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lake Shore's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.