Free Trial
NASDAQ:LGVN

Longeveron (LGVN) Stock Price, News & Analysis

$2.69
+0.13 (+5.08%)
(As of 10:30 AM ET)
Today's Range
$2.52
$2.86
50-Day Range
$1.57
$4.55
52-Week Range
$0.77
$35.60
Volume
712,073 shs
Average Volume
5.03 million shs
Market Capitalization
$17.08 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$10.00

Longeveron MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
290.6% Upside
$10.00 Price Target
Short Interest
Healthy
31.36% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.13mentions of Longeveron in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($3.67) to ($2.71) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.73 out of 5 stars

Medical Sector

412th out of 924 stocks

Pharmaceutical Preparations Industry

185th out of 426 stocks

LGVN stock logo

About Longeveron Stock (NASDAQ:LGVN)

Longeveron Inc., a clinical stage biotechnology company, develops cellular therapies for aging-related and life-threatening conditions in the United States and Japan. The company's lead investigational product is the LOMECEL-B, an allogeneic mesenchymal stem cell formulation sourced from the bone marrow of young and healthy adult donors. It is conducting Phase 1, Phase 1/2, Phase 2a, and Phase 2b clinical trials in various indications, such as aging-related frailty, alzheimer's disease, and hypoplastic left heart syndrome. The company was incorporated in 2014 and is headquartered in Miami, Florida.

LGVN Stock Price History

LGVN Stock News Headlines

Longeveron (NASDAQ:LGVN) Earns Buy Rating from HC Wainwright
5 stocks that can double in 2024
You still have time to access the 5 Stocks that Can Double in 2024 report for free.
The Top 3 Small-Cap Stocks to Buy Now: Summer 2024
5 stocks that can double in 2024
You still have time to access the 5 Stocks that Can Double in 2024 report for free.
Why Is Longeveron (LGVN) Stock Up 53% Today?
See More Headlines
Receive LGVN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Longeveron and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
5/14/2024
Today
8/22/2024
Next Earnings (Estimated)
11/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
Pharmaceutical Products
Current Symbol
NASDAQ:LGVN
Fax
N/A
Employees
20
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$10.00
High Stock Price Target
$10.00
Low Stock Price Target
$10.00
Potential Upside/Downside
+290.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-21,410,000.00
Net Margins
-2,129.24%
Pretax Margin
-2,129.24%

Debt

Sales & Book Value

Annual Sales
$1.23 million
Book Value
$2.68 per share

Miscellaneous

Free Float
5,135,000
Market Cap
$16.25 million
Optionable
Not Optionable
Beta
0.43
The 10 Best AI Stocks to Own in 2024 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report

Key Executives

  • Dr. Joshua Michael Hare FACC (Age 61)
    M.D., Co-Founder, Chief Science Officer & Chairman
    Comp: $74k
  • Mr. Mohamed Wa'el Ahmed Hashad (Age 62)
    CEO & Director
    Comp: $781.56k
  • Ms. Lisa A. Locklear M.B.A. (Age 62)
    Executive VP & CFO
    Comp: $248.38k
  • Mr. Paul T. Lehr J.D.Mr. Paul T. Lehr J.D. (Age 56)
    International Executive Director, General Counsel & Secretary
    Comp: $554.05k
  • Dr. Dan Gincel Ph.D. (Age 53)
    Senior Vice President of Strategic Collaborations & Scientific Affairs
  • Dr. Nataliya Agafanova M.D. (Age 54)
    Chief Medical Officer
  • Ms. Elly Ryu (Age 42)
    VP & Corporate Controller

LGVN Stock Analysis - Frequently Asked Questions

How have LGVN shares performed this year?

Longeveron's stock was trading at $13.60 at the start of the year. Since then, LGVN stock has decreased by 81.2% and is now trading at $2.56.
View the best growth stocks for 2024 here
.

How were Longeveron's earnings last quarter?

Longeveron Inc. (NASDAQ:LGVN) issued its quarterly earnings results on Tuesday, May, 14th. The company reported ($1.61) earnings per share for the quarter, topping analysts' consensus estimates of ($2.01) by $0.40. The business earned $0.55 million during the quarter, compared to the consensus estimate of $0.12 million. Longeveron had a negative net margin of 2,129.24% and a negative trailing twelve-month return on equity of 300.96%.

When did Longeveron's stock split?

Longeveron shares reverse split before market open on Wednesday, March 27th 2024. The 1-10 reverse split was announced on Wednesday, March 27th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, March 27th 2024. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

When did Longeveron IPO?

Longeveron (LGVN) raised $30 million in an initial public offering (IPO) on Friday, February 12th 2021. The company issued 2,700,000 shares at $10.00-$12.00 per share. Kingswood Capital Markets and Alexander Capital L.P. served as the underwriters for the IPO.

Who are Longeveron's major shareholders?

Top institutional shareholders of Longeveron include Renaissance Technologies LLC (2.31%). Insiders that own company stock include Joshua Hare, Rock Soffer, Mohamed Wa'el Ahmed Hashad, James Clavijo, Jeffrey Pfeffer, Cathy Ross, Paul T Lehr and Geoff Green.
View institutional ownership trends
.

How do I buy shares of Longeveron?

Shares of LGVN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:LGVN) was last updated on 8/22/2024 by MarketBeat.com Staff

From Our Partners