NASDAQ:LBC Luther Burbank (LBC) Stock Forecast, Price & News $9.63 -0.10 (-1.03%) (As of 06/9/2023 ET) Add Compare Share Share Today's Range$9.59▼$9.6950-Day Range$8.15▼$9.9252-Week Range$7.82▼$13.82Volume24,516 shsAverage Volume41,316 shsMarket Capitalization$491.42 millionP/E Ratio6.98Dividend YieldN/APrice Target$15.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability Luther Burbank MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside55.8% Upside$15.00 Price TargetShort InterestBearish0.78% of Float Sold ShortDividend StrengthN/ASustainability-0.83Upright™ 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.2.07 out of 5 starsFinance Sector610th out of 864 stocksState Commercial Banks Industry155th 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 55.8% from its current price of $9.63.Amount of Analyst CoverageLuther Burbank has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted0.78% 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 4.2.Change versus previous monthShort interest in Luther Burbank has recently increased by 22.97%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldLuther Burbank does not currently pay a dividend.Dividend GrowthLuther Burbank does not have a long track record of dividend growth. Previous Next 2.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreLuther Burbank has received a 22.91% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Mortgages provided by brick and mortar banks", "Development loans for corporations", "Wire transfer services", and "Consumer savings accounts provided by brick and mortar banks" products. See details.Environmental SustainabilityThe Environmental Impact score for Luther Burbank is -0.83. Previous Next 0.0 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for Luther Burbank this week, compared to 1 article on an average week. 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 6.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.95.Price to Earnings Ratio vs. SectorThe P/E ratio of Luther Burbank is 6.98, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 151.85.Price to Book Value per Share RatioLuther Burbank has a P/B Ratio of 0.72. 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 HeadlinesMay 19, 2023 | americanbankingnews.comLuther Burbank (NASDAQ:LBC) vs. Signature Bank (NASDAQ:SBNY) Head-To-Head SurveyMay 18, 2023 | msn.comKeefe, Bruyette & Woods Maintains Luther Burbank (LBC) Market Perform RecommendationJune 10, 2023 | Vantage Point (Ad)Trade Smarter: Discover Hidden Opportunities w/ A.I.There’s a tool that scans and picks the best stocks…how you approach the trades is up to you. But when you’re forecasting 1 – 3 days in advance, it’s not really a guessing game. Stop guessing and start predicting to add consistency to your trades… no matter what happens in the market. May 8, 2023 | bizjournals.comWaFd Bank, Luther Burbank shareholders approve proposed acquisitionMay 8, 2023 | finance.yahoo.comWashington Federal (WAFD)-Luther (LBC) Deal Gets Shareholder NodApril 28, 2023 | seekingalpha.comLuther Burbank Acquisition Potentially Offers 3.47% Upside In A MonthApril 27, 2023 | finance.yahoo.comLuther Burbank First Quarter 2023 Earnings: EPS: US$0.26 (vs US$0.45 in 1Q 2022)April 25, 2023 | finance.yahoo.comLuther Burbank Corporation Reports Earnings for the Quarter Ended March 31, 2023June 10, 2023 | Vantage Point (Ad)Trade Smarter: Discover Hidden Opportunities w/ A.I.There’s a tool that scans and picks the best stocks…how you approach the trades is up to you. But when you’re forecasting 1 – 3 days in advance, it’s not really a guessing game. Stop guessing and start predicting to add consistency to your trades… no matter what happens in the market. April 4, 2023 | americanbankingnews.comLuther Burbank Co. (NASDAQ:LBC) Short Interest Up 5.2% in MarchMarch 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 BurbankJanuary 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. - LBCNovember 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 TodaySee More Headlines LBC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LBC Company Calendar Last Earnings4/25/2023Today6/09/2023Next Earnings (Estimated)7/25/2023Fiscal 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+55.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.38 Trailing P/E Ratio6.98 Forward P/E RatioN/A P/E GrowthN/ANet Income$80.20 million Net Margins24.28% Pretax Margin34.60% Return on Equity10.37% Return on Assets0.89% Debt Debt-to-Equity Ratio2.67 Current Ratio1.33 Quick Ratio1.33 Sales & Book Value Annual Sales$262.61 million Price / Sales1.87 Cash Flow$1.83 per share Price / Cash Flow5.26 Book Value$13.36 per share Price / Book0.72Miscellaneous Outstanding Shares51,030,000Free Float39,200,000Market Cap$491.42 million OptionableNot Optionable Beta0.67 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 CompetitorsAmalgamated FinancialNASDAQ:AMALHeritage CommerceNASDAQ:HTBKMercantile BankNASDAQ:MBWMWashington Trust BancorpNASDAQ:WASHMidland States BancorpNASDAQ:MSBIView All CompetitorsInstitutional OwnershipAmeriprise Financial Inc.Bought 18,017 shares on 5/22/2023Ownership: 0.081%JPMorgan Chase & Co.Sold 42,795 shares on 5/18/2023Ownership: 0.022%Hotchkis & Wiley Capital Management LLCBought 18,900 shares on 5/16/2023Ownership: 1.247%State Street CorpBought 5,560 shares on 5/16/2023Ownership: 0.690%Geode Capital Management LLCBought 7,641 shares on 5/16/2023Ownership: 0.533%View All Institutional Transactions LBC Stock - Frequently Asked Questions Should I buy or sell Luther Burbank stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Luther Burbank in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities 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 brokerages have issued 12 month target prices for Luther Burbank's shares. Their LBC share price forecasts range from $15.00 to $15.00. On average, they predict the company's share price to reach $15.00 in the next year. This suggests a possible upside of 55.8% 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 on January 1st, 2023. Since then, LBC stock has decreased by 13.3% and is now trading at $9.63. 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, July 25th 2023. View our LBC earnings forecast. How were Luther Burbank's earnings last quarter? Luther Burbank Co. (NASDAQ:LBC) announced its earnings results on Tuesday, April, 25th. The company reported $0.26 earnings per share for the quarter. The company had revenue of $35.22 million for the quarter. Luther Burbank had a net margin of 24.28% and a trailing twelve-month return on equity of 10.37%. 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. Shareholders 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 yield of 4.98%. 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), Fiesta Restaurant Group (FRGI), Hewlett Packard Enterprise (HPE), KeyCorp (KEY), People's United Financial (PBCT), AmerisourceBergen (ABC) and Caterpillar (CAT). When did Luther Burbank IPO? (LBC) raised $131 million in an initial public offering on Friday, December 8th 2017. The company issued 11,400,000 shares at $10.50-$12.50 per share. Keefe, Bruyette & Woods (A Stifel Company), Sandler O'Neill + Partners and Piper Jaffray acted 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 number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (2.26%), Dimensional Fund Advisors LP (1.74%), Hotchkis & Wiley Capital Management LLC (1.25%), State Street Corp (0.69%), Foundry Partners LLC (0.54%) and Geode Capital Management LLC (0.53%). Insiders that own company stock include Jack W Krouskup, 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 $9.63. How much money does Luther Burbank make? Luther Burbank (NASDAQ:LBC) has a market capitalization of $491.42 million and generates $262.61 million in revenue each year. The company earns $80.20 million in net income (profit) each year or $1.38 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 6/10/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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