NASDAQ:LBC Luther Burbank - LBC Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Luther Burbank Co. Please log in to your account or sign up in order to add this asset to your watchlist. $9.20 -0.28 (-2.95%) (As of 03/23/2023 12:00 AM ET) Add Compare Share Share Today's Range$9.08▼$9.6050-Day Range$9.48▼$12.1752-Week Range$9.08▼$13.93Volume49,546 shsAverage Volume42,742 shsMarket Capitalization$469.40 millionP/E Ratio5.86Dividend YieldN/APrice Target$15.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability Luther Burbank MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside63.0% Upside$15.00 Price TargetShort InterestHealthy0.49% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-0.46Upright™ Environmental ScoreNews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.54 out of 5 starsFinance Sector429th out of 868 stocksState Commercial Banks Industry108th out of 179 stocks 3.5 Analyst's Opinion Consensus RatingLuther Burbank has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $15.00, Luther Burbank has a forecasted upside of 63.0% from its current price of $9.20.Amount of Analyst CoverageLuther Burbank has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted0.49% of the float of Luther Burbank has been sold short.Short Interest Ratio / Days to CoverLuther Burbank has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Luther Burbank has recently decreased by 4.27%, indicating that investor sentiment is improving. Previous Next 0.8 Dividend Strength Dividend YieldLuther Burbank does not currently pay a dividend.Dividend GrowthLuther Burbank does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Luther Burbank is 30.57%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next 3.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreLuther Burbank has received a 33.90% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Cash withdrawal services", "Wire transfer services", "Mortgages provided by brick and mortar banks", "Debit cards", "Consumer savings accounts provided by brick and mortar banks", and "Credit cards" products. See details.Environmental SustainabilityThe Environmental Impact score for Luther Burbank is -0.46. Previous Next 1.4 News and Social Media Coverage News SentimentLuther Burbank has a news sentiment score of 0.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.MarketBeat FollowsOnly 2 people have added Luther Burbank to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Luther Burbank insiders have not sold or bought any company stock.Percentage Held by Insiders23.18% of the stock of Luther Burbank is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 13.81% of the stock of Luther Burbank is held by institutions. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Luther Burbank is 5.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.18.Price to Earnings Ratio vs. SectorThe P/E ratio of Luther Burbank is 5.86, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 144.79.Price to Book Value per Share RatioLuther Burbank has a P/B Ratio of 0.69. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Luther Burbank (NASDAQ:LBC) StockLuther Burbank Corp. operates as a bank holding company. The firm operates through its subsidiary, Luther Burbank Savings that provides various banking products and services for real estate investors, professionals, entrepreneurs, high net worth individuals, depositors, and commercial businesses. It accepts deposits from general public and invests those funds in real estate loans, including permanent mortgage and construction loan. The company was founded on May 14, 1991 and is headquartered in Santa Rosa, CA.Read More Receive LBC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Luther Burbank and its competitors with MarketBeat's FREE daily newsletter. Email Address LBC Stock News HeadlinesMarch 7, 2023 | finance.yahoo.comInvestors in Luther Burbank (NASDAQ:LBC) have made a decent return of 37% over the past three yearsJanuary 25, 2023 | forbes.comLuther BurbankMarch 23, 2023 | Investing Daily (Ad)27 U.S. Cities Where Stocks Yield 26% a YearWhat’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate. January 24, 2023 | msn.comLuther Burbank GAAP EPS of $0.27, revenue of $40.24MJanuary 24, 2023 | finance.yahoo.comLuther Burbank Corporation Reports Earnings for the Quarter and Year Ended December 31, 2022December 6, 2022 | finance.yahoo.comShould Value Investors Buy Luther Burbank (LBC) Stock?November 18, 2022 | finance.yahoo.comAre Investors Undervaluing Luther Burbank (LBC) Right Now?November 15, 2022 | benzinga.comSTOCKHOLDER ALERT: The M&A Class Action Firm Announces the Investigation of Luther Burbank Corp. - LBCMarch 23, 2023 | Investor Place Media (Ad)The "King Of Quants" sees 10X potential...Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...November 14, 2022 | marketwatch.comWashington Federal, Luther Burbank Shares Slip on Tie-Up >WAFD LBCNovember 14, 2022 | finance.yahoo.comWashington Federal (WAFD) to Buy Luther (LBC), Enter CaliforniaOctober 29, 2022 | finance.yahoo.comLuther Burbank (NASDAQ:LBC) Has Announced A Dividend Of $0.12October 26, 2022 | seekingalpha.comLuther Burbank Corporation (LBC) Q3 2022 Earnings Call TranscriptOctober 25, 2022 | finance.yahoo.comLuther Burbank Corporation Reports Earnings for the Quarter and Nine Months Ended September 30, 2022 and Announces Quarterly DividendOctober 24, 2022 | msn.comLuther Burbank's Earnings: A PreviewOctober 7, 2022 | finance.yahoo.comLuther Burbank Corporation Announces Third Quarter 2022 Earnings Release and Conference Call DatesOctober 5, 2022 | finance.yahoo.comWe Ran A Stock Scan For Earnings Growth And Luther Burbank (NASDAQ:LBC) Passed With EaseSeptember 21, 2022 | seekingalpha.comLBC Luther Burbank CorporationSeptember 11, 2022 | nasdaq.comHere's Why We Think Luther Burbank (NASDAQ:LBC) Might Deserve Your Attention TodayAugust 1, 2022 | msn.comWednesday Is Your Last Chance To Buy Luther Burbank Before The Dividend PayoutJuly 30, 2022 | seekingalpha.comLuther Burbank Corporation (LBC) CEO Simone Lagomarsino on Q2 2022 Results - Earnings Call TranscriptJuly 30, 2022 | finance.yahoo.comLuther Burbank (NASDAQ:LBC) Will Pay A Dividend Of $0.12July 26, 2022 | finance.yahoo.comLuther Burbank Corporation Reports Earnings for the Quarter and Six Months Ended June 30, 2022 and Announces Quarterly DividendJuly 25, 2022 | msn.comLuther Burbank's Earnings OutlookJuly 8, 2022 | finance.yahoo.comLuther Burbank Corporation Announces Second Quarter 2022 Earnings Release and Conference Call DatesJuly 7, 2022 | finance.yahoo.comLuther Burbank (NASDAQ:LBC) shareholders have earned a 7.5% CAGR over the last three yearsMay 2, 2022 | finance.yahoo.comHere's What We Like About Luther Burbank's (NASDAQ:LBC) Upcoming DividendSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive LBC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Luther Burbank and its competitors with MarketBeat's FREE daily newsletter. Email Address LBC Company Calendar Last Earnings1/24/2023Today3/23/2023Next Earnings (Estimated)4/25/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry State commercial banks Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:LBC CUSIPN/A CIK1475348 Webwww.lutherburbanksavings.com Phone(844) 446-8201FaxN/AEmployees286Year FoundedN/APrice Target and Rating Average Stock Price Forecast$15.00 High Stock Price Forecast$15.00 Low Stock Price Forecast$15.00 Forecasted Upside/Downside+63.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.57 Trailing P/E Ratio5.86 Forward P/E RatioN/A P/E GrowthN/ANet Income$80.20 million Net Margins30.54% Pretax Margin43.31% Return on Equity11.89% Return on Assets1.05% Debt Debt-to-Equity Ratio2.00 Current Ratio1.23 Quick Ratio1.23 Sales & Book Value Annual Sales$262.61 million Price / Sales1.79 Cash Flow$1.80 per share Price / Cash Flow5.10 Book Value$13.36 per share Price / Book0.69Miscellaneous Outstanding Shares51,020,000Free Float39,195,000Market Cap$469.38 million OptionableNot Optionable Beta0.71 Key ExecutivesSimone F. LagomarsinoPresident, Chief Executive Officer & DirectorParham MedhatEVP, Chief Operations & Technology OfficerLaura TarantinoChief Financial Officer & Executive Vice PresidentAlexander StefaniChief Credit Officer & Executive Vice PresidentTammy MahoneyChief Risk Officer & Executive Vice PresidentKey CompetitorsMidland States BancorpNASDAQ:MSBIFarmers National BancNASDAQ:FMNBCoastal FinancialNASDAQ:CCBMercantile BankNASDAQ:MBWMFirst FinancialNASDAQ:THFFView All CompetitorsInsiders & InstitutionsMetLife Investment Management LLCBought 7,908 shares on 3/23/2023Ownership: 0.015%Rockefeller Capital Management L.P.Sold 2,190 shares on 3/6/2023Ownership: 0.007%Alliancebernstein L.P.Bought 900 shares on 2/16/2023Ownership: 0.053%Morgan StanleyBought 21,831 shares on 2/15/2023Ownership: 0.111%MetLife Investment Management LLCBought 7,908 shares on 2/15/2023Ownership: 0.015%View All Insider TransactionsView All Institutional Transactions LBC Stock - Frequently Asked Questions Should I buy or sell Luther Burbank stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Luther Burbank in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" LBC shares. View LBC analyst ratings or view top-rated stocks. What is Luther Burbank's stock price forecast for 2023? 1 Wall Street research analysts have issued twelve-month price objectives for Luther Burbank's stock. Their LBC share price forecasts range from $15.00 to $15.00. On average, they anticipate the company's stock price to reach $15.00 in the next year. This suggests a possible upside of 63.0% from the stock's current price. View analysts price targets for LBC or view top-rated stocks among Wall Street analysts. How have LBC shares performed in 2023? Luther Burbank's stock was trading at $11.11 at the beginning of the year. Since then, LBC stock has decreased by 17.2% and is now trading at $9.20. View the best growth stocks for 2023 here. When is Luther Burbank's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023. View our LBC earnings forecast. How were Luther Burbank's earnings last quarter? Luther Burbank Co. (NASDAQ:LBC) issued its quarterly earnings results on Tuesday, January, 24th. The company reported $0.27 earnings per share for the quarter, missing analysts' consensus estimates of $0.36 by $0.09. The company had revenue of $40.25 million for the quarter. Luther Burbank had a net margin of 30.54% and a trailing twelve-month return on equity of 11.89%. How often does Luther Burbank pay dividends? What is the dividend yield for Luther Burbank? Luther Burbank declared a quarterly dividend on Tuesday, October 25th. Investors of record on Friday, November 4th will be given a dividend of $0.12 per share on Monday, November 14th. This represents a $0.48 annualized dividend and a dividend yield of 5.22%. The ex-dividend date of this dividend is Thursday, November 3rd. Read our dividend analysis for LBC. What ETFs hold Luther Burbank's stock? ETFs with the largest weight of Luther Burbank (NASDAQ:LBC) stock in their portfolio include Royce Quant Small-Cap Quality Value ETF (SQLV). What is Simone Lagomarsino's approval rating as Luther Burbank's CEO? 5 employees have rated Luther Burbank Chief Executive Officer Simone Lagomarsino on Glassdoor.com. Simone Lagomarsino has an approval rating of 100% among the company's employees. This puts Simone Lagomarsino in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Luther Burbank own? Based on aggregate information from My MarketBeat watchlists, some companies that other Luther Burbank investors own include Huntington Bancshares (HBAN), Apple Hospitality REIT (APLE), Conduent (CNDT), Fiesta Restaurant Group (FRGI), Hewlett Packard Enterprise (HPE), Host Hotels & Resorts (HST), KeyCorp (KEY), People's United Financial (PBCT), AmerisourceBergen (ABC) and Caterpillar (CAT). When did Luther Burbank IPO? (LBC) raised $131 million in an IPO on Friday, December 8th 2017. The company issued 11,400,000 shares at a price of $10.50-$12.50 per share. Keefe, Bruyette & Woods (A Stifel Company), Sandler O'Neill + Partners and Piper Jaffray served as the underwriters for the IPO and D.A. Davidson & Co. was co-manager. What is Luther Burbank's stock symbol? Luther Burbank trades on the NASDAQ under the ticker symbol "LBC." Who are Luther Burbank's major shareholders? Luther Burbank's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (1.70%), Maltese Capital Management LLC (0.51%), Renaissance Technologies LLC (0.50%), Boston Partners (0.44%), Bank of America Corp DE (0.19%) and Charles Schwab Investment Management Inc. (0.17%). Insiders that own company stock include Jack W Krouskup, John C Erickson, Liana Prieto, Parham Medhat, Simone Lagomarsino, Tammy Mahoney and Thomas C Wajnert. View institutional ownership trends. How do I buy shares of Luther Burbank? Shares of LBC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Luther Burbank's stock price today? One share of LBC stock can currently be purchased for approximately $9.20. How much money does Luther Burbank make? Luther Burbank (NASDAQ:LBC) has a market capitalization of $469.38 million and generates $262.61 million in revenue each year. The company earns $80.20 million in net income (profit) each year or $1.57 on an earnings per share basis. How many employees does Luther Burbank have? The company employs 286 workers across the globe. How can I contact Luther Burbank? Luther Burbank's mailing address is 520 Third Street Fourth Floor, Santa Rosa CA, 95401. The official website for the company is www.lutherburbanksavings.com. The company can be reached via phone at (844) 446-8201 or via email at investorrelations@lbsavings.com. This page (NASDAQ:LBC) was last updated on 3/23/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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