(VIANEWS) - Lakeland Bancorp (LBAI), Everest Re Group, Ltd. (RE), Martin Marietta Materials (MLM) are the highest sales growth and return on equity stocks on this list.
Here is a list of stocks with an above 5% expected next quarter sales growth, and a 3% or higher return on equity. May these stocks be a good medium-term investment option?
1. Lakeland Bancorp (LBAI)
35% sales growth and 9.49% return on equity
Lakeland Bancorp, Inc. is the bank holding firm for Lakeland Bank. It offers a variety of banking services and products for small and medium-sized businesses as well as individual customers. It offers commercial banking services including time, savings and money market accounts as well demand deposits. The bank also provides lending solutions such as inventory financing, short term and long-term loans, line of credit and letters of credit. The company also offers consumer banking services, including checking, savings, money market, certificates, certificates of deposits, secured and unsecure loans, mortgage loans and consumer installment loans. The company also offers non-deposit services such as investment advisory services. These include mutual funds, variable annuities and securities brokerage. There are 48 branches in Bergen, Essex and Morris counties, as well as six regional New Jersey commercial lending centers located in Bernardsville and Iselin. Montville, Teaneck and Teaneck. One commercial lending center is also available in New York for the Hudson Valley. Oak Ridge is the company's headquarters.
Earnings Per Share
As for profitability, Lakeland Bancorp has a trailing twelve months EPS of $1.34.
PE Ratio
Lakeland Bancorp has a trailing twelve months price to earnings ratio of 12.28. Meaning, the purchaser of the share is investing $12.28 for every dollar of annual earnings.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 9.49%.Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Aug 4, 2022, the estimated forward annual dividend rate is 0.58 and the estimated forward annual dividend yield is 3.64%.
2. Everest Re Group, Ltd. (RE)
21.7% sales growth and 8.07% return on equity
Through its subsidiaries, Everest Re Group, Ltd. provides insurance products and reinsurance in the United States, Bermuda, as well as internationally. It operates in four areas: U.S. Insurance, International, Bermuda and Reinsurance are the four segments of the company. U.S. The U.S. Reinsurance Segment writes property and casualty insurance; as well as specialty lines, such as marine, aviation and surety as well as accident and health insurance directly through ceding businesses in the United States. International writes casualty and property reinsurance in Canada and other countries such as Brazil, New Jersey, Singapore, Brazil and Miami. Reinsurance, insurance and other services to Bermuda's property and casualty market markets are provided by the Bermuda segment. This includes direct contact with Bermuda ceding firms and brokers as well as reinsurance for European and UK markets. The Insurance segment offers property and casualty insurance products through direct sales, general agents, wholesalers, retailers, surplus lines brokers and directly to customers in the United States. It also offers property and casualty insurance coverages such as directors' liability, errors and omissions liability and medical malpractice. Everest Re Group, Ltd., was established in 1973. It is located in Hamilton, Bermuda.
Earnings Per Share
As for profitability, Everest Re Group, Ltd. has a trailing twelve months EPS of $19.82.
PE Ratio
Everest Re Group, Ltd. has a trailing twelve months price to earnings ratio of 13.24. Meaning, the purchaser of the share is investing $13.24 for every dollar of annual earnings.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 8.07%.Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Aug 22, 2022, the estimated forward annual dividend rate is 6.6 and the estimated forward annual dividend yield is 2.51%.
3. Martin Marietta Materials (MLM)
9.2% sales growth and 12.23% return on equity
Martin Marietta Materials, Inc., an American-based company that produces building materials from natural resources, provides aggregates as well as heavy-side materials for the US and international construction industries. The company offers ready-mix concrete and asphalt, crushed stone and sand products, and paving products. It also provides Portland and specialty cement, which can be used in infrastructure and residential projects. It also makes magnesia-based chemical products for industrial, agricultural and environmental purposes. Dolomitic lime is primarily sold to steel producers and soil stabilization customers. The company's chemicals are used for flame retardants and wastewater treatment as well as other environmental purposes. It was established in Raleigh, North Carolina in 1939.
Earnings Per Share
As for profitability, Martin Marietta Materials has a trailing twelve months EPS of $11.54.
PE Ratio
Martin Marietta Materials has a trailing twelve months price to earnings ratio of 28.61. Meaning, the purchaser of the share is investing $28.61 for every dollar of annual earnings.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 12.23%.Growth Estimates Quarters
The company's growth estimates for the present quarter and the next is 17.2% and 17.8%, respectively.Revenue Growth
Year-on-year quarterly revenue growth grew by 17.6%, now sitting on 5.54B for the twelve trailing months.
4. iHeartMedia (IHRT)
7.5% sales growth and 9.76% return on equity
iHeartMedia, Inc. is a global media and entertainment company. The company operates in two distinct segments: Audio and Audio & Media Services. It offers digital, broadcast, radio and podcasts as well as traffic, weather and news data distribution. The audio segment also operates Premiere Networks which is a national radio network. Premiere Networks produces, distributes and represents about 120 syndicated radio shows and provides services to over 6,500 affiliate radio stations. The segment also provides real-time traffic, incident and information as well as weather updates and sports news via approximately 2100 radio stations, 170 television affiliates and Internet/mobile partnerships. This segment had 858 radio stations as of December 31, 2020. These included 614 FM and 244 AM radio stations. Audio and Media Services is involved in media representation. The segment provides webcast and broadcast software such as music scheduling, radio station automation and HD2 solutions. It also offers newsroom software and audio logging, archiving and single station automation. They also offer contest tracking software and real-time sound recognition technology for approximately 9,000 radio stations. The former name of the company was CC Media Holdings, Inc., but it changed its name in September 2014 to iHeartMedia, Inc.
Earnings Per Share
As for profitability, iHeartMedia has a trailing twelve months EPS of $0.45.
PE Ratio
iHeartMedia has a trailing twelve months price to earnings ratio of 17.76. Meaning, the purchaser of the share is investing $17.76 for every dollar of annual earnings.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 9.76%.Yearly Top and Bottom Value
iHeartMedia's stock is valued at $7.99 at 01:24 EST, way below its 52-week high of $27.02 and way above its 52-week low of $6.43.