S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
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NASDAQ:LBC

Luther Burbank Stock Forecast, Price & News

$11.47
+0.26 (+2.32 %)
(As of 03/5/2021 12:00 AM ET)
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Today's Range
$11.25
Now: $11.47
$11.50
50-Day Range
$9.51
MA: $10.23
$11.21
52-Week Range
$6.76
Now: $11.47
$11.50
Volume74,278 shs
Average Volume49,311 shs
Market Capitalization$601.14 million
P/E Ratio14.16
Dividend Yield2.08%
Beta0.8
Luther Burbank Corporation operates as the bank holding company for Luther Burbank Savings that provides various banking products and services for real estate investors, professionals, entrepreneurs, high net worth individuals, and commercial businesses. The company offers interest and noninterest-bearing transaction accounts, certificates of deposit, and money market accounts. It also provides commercial real estate loans, including first mortgage loans for the purchase, refinance, or build-out of tenant improvements on investor owned multifamily residential properties, as well as loans for the purchase, refinance, or improvement of office, retail, and light industrial properties; single family residential loans; and mortgage products, such as a portfolio of 30-year fixed rate first mortgage and a forgivable second mortgage. In addition, the company offers ATM, debit cards, and online and mobile banking services; engages in the real estate investment; and issues trust preferred securities. As of April 10, 2020, it had operations in California, Oregon, and Washington through ten branches in California; 1 branch in Washington; and 8 lending offices located throughout the market area, including Santa Rosa, Los Angeles, San Francisco, San Jose, San Diego, and Seattle. The company was founded in 1983 and is headquartered in Santa Rosa, California.
Luther Burbank logo

Headlines

Recap: Luther Burbank Q4 Earnings
January 26, 2021 |  finance.yahoo.com
Earnings Preview for Luther Burbank
January 25, 2021 |  finance.yahoo.com
Is Luther Burbank Corporation (LBC) A Good Stock To Buy?
November 29, 2020 |  finance.yahoo.com
Luther Burbank EPS beats by $0.06, beats on revenue
October 27, 2020 |  seekingalpha.com
Recap: Luther Burbank Q2 Earnings
July 29, 2020 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:LBC
CUSIPN/A
Phone844-446-8201
Employees277
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$271.82 million
Cash Flow$1.34 per share
Book Value$10.97 per share

Profitability

Net Income$48.86 million

Miscellaneous

Market Cap$601.14 million
Next Earnings Date5/3/2021 (Estimated)
OptionableNot Optionable

MarketRank

Overall MarketRank

1.81 out of 5 stars

Finance Sector

361st out of 1,942 stocks

State Commercial Banks Industry

68th out of 310 stocks

Analyst Opinion: 1.3Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 3.1 5 -4 -3 -2 -1 -
$11.47
+0.26 (+2.32 %)
(As of 03/5/2021 12:00 AM ET)
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Luther Burbank (NASDAQ:LBC) Frequently Asked Questions

Is Luther Burbank a buy right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Luther Burbank in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Luther Burbank stock.
View analyst ratings for Luther Burbank
or view top-rated stocks.

What stocks does MarketBeat like better than Luther Burbank?

Wall Street analysts have given Luther Burbank a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Luther Burbank wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Luther Burbank's next earnings date?

Luther Burbank is scheduled to release its next quarterly earnings announcement on Monday, May 3rd 2021.
View our earnings forecast for Luther Burbank
.

How were Luther Burbank's earnings last quarter?

Luther Burbank Co. (NASDAQ:LBC) issued its earnings results on Wednesday, January, 27th. The company reported $0.31 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.27 by $0.04. The company had revenue of $37.71 million for the quarter, compared to analyst estimates of $37.10 million. Luther Burbank had a trailing twelve-month return on equity of 7.21% and a net margin of 17.18%.
View Luther Burbank's earnings history
.

How has Luther Burbank's stock price been impacted by Coronavirus (COVID-19)?

Luther Burbank's stock was trading at $8.62 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, LBC shares have increased by 33.1% and is now trading at $11.47.
View which stocks have been most impacted by COVID-19
.

How often does Luther Burbank pay dividends? What is the dividend yield for Luther Burbank?

Luther Burbank declared a quarterly dividend on Tuesday, January 26th. Shareholders of record on Friday, February 5th will be paid a dividend of $0.058 per share on Tuesday, February 16th. This represents a $0.23 annualized dividend and a dividend yield of 2.02%. The ex-dividend date is Thursday, February 4th.
View Luther Burbank's dividend history
.

Is Luther Burbank a good dividend stock?

Luther Burbank pays an annual dividend of $0.23 per share and currently has a dividend yield of 2.08%. Luther Burbank does not yet have a strock track record of dividend growth. The dividend payout ratio of Luther Burbank is 26.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Luther Burbank will have a dividend payout ratio of 20.72% next year. This indicates that Luther Burbank will be able to sustain or increase its dividend.
View Luther Burbank's dividend history.

What price target have analysts set for LBC?

3 brokerages have issued 1-year price objectives for Luther Burbank's shares. Their forecasts range from $9.50 to $12.00. On average, they expect Luther Burbank's stock price to reach $10.83 in the next year. This suggests that the stock has a possible downside of 5.6%.
View analysts' price targets for Luther Burbank
or view top-rated stocks among Wall Street analysts.

Who are Luther Burbank's key executives?

Luther Burbank's management team includes the following people:
  • Ms. Simone F. Lagomarsino, CEO, Pres & Director (Age 60, Pay $1.61M)
  • Ms. Laura Tarantino, Exec. VP & CFO (Age 56, Pay $662.65k)
  • Ms. Liana R. Prieto J.D., Exec. VP, Gen. Counsel & Corp. Sec. (Age 42, Pay $717.43k)
  • Mr. Parham Medhat, Exec. VP and Chief Operations & Technology Officer
  • Mr. Bradley S. Satenberg, Investor Relations (Age 50)
  • Ms. Lisa Kepler, Sr. VP & Director of Single Family Residential Lending (Age 61)
  • Ms. Tammy Mahoney, Exec. VP & Chief Risk Officer (Age 54)
  • Mr. Alexander L. Stefani, Sr. VP & Director of Income Property Lending (Age 41)
  • Mr. William D. Fanter, Exec. VP & Head of Retail Banking
  • Mr. Mike Stedman, Exec. VP & Chief Credit Officer

What is Simone Lagomarsino's approval rating as Luther Burbank's CEO?

5 employees have rated Luther Burbank CEO Simone Lagomarsino on Glassdoor.com. Simone Lagomarsino has an approval rating of 100% among Luther Burbank's employees. This puts Simone Lagomarsino in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Luther Burbank's key competitors?

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), (CNDT), Fiesta Restaurant Group (FRGI), Hewlett Packard Enterprise (HPE), (HST), 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 (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 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 many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (2.65%), Dimensional Fund Advisors LP (1.02%), Northern Trust Corp (0.75%), JPMorgan Chase & Co. (0.56%), Renaissance Technologies LLC (0.56%) and Boston Partners (0.46%). Company insiders that own Luther Burbank stock include Jack W Krouskup, John C Erickson, Liana Prieto, Simone Lagomarsino, Tammy Mahoney and Thomas C Wajnert.
View institutional ownership trends for Luther Burbank
.

Which major investors are selling Luther Burbank stock?

LBC stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, State of Wisconsin Investment Board, Russell Investments Group Ltd., Bank of New York Mellon Corp, Northern Trust Corp, Boston Partners, Boston Partners, and Wells Fargo & Company MN. Company insiders that have sold Luther Burbank company stock in the last year include Jack W Krouskup, and Tammy Mahoney.
View insider buying and selling activity for Luther Burbank
or view top insider-selling stocks.

Which major investors are buying Luther Burbank stock?

LBC stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., BlackRock Inc., Renaissance Technologies LLC, Nuveen Asset Management LLC, Dimensional Fund Advisors LP, GSA Capital Partners LLP, Squarepoint Ops LLC, and Virginia Retirement Systems ET AL. Company insiders that have bought Luther Burbank stock in the last two years include John C Erickson, Simone Lagomarsino, and Thomas C Wajnert.
View insider buying and selling activity for Luther Burbank
or or view top insider-buying stocks.

How do I buy shares of Luther Burbank?

Shares of LBC 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 $11.47.

How much money does Luther Burbank make?

Luther Burbank has a market capitalization of $601.14 million and generates $271.82 million in revenue each year. The company earns $48.86 million in net income (profit) each year or $0.87 on an earnings per share basis.

How many employees does Luther Burbank have?

Luther Burbank employs 277 workers across the globe.

What is Luther Burbank's official website?

The official website for Luther Burbank is www.lutherburbanksavings.com.

Where are Luther Burbank's headquarters?

Luther Burbank is headquartered at 520 Third Street Fourth Floor, Santa Rosa CA, 95401.

How can I contact Luther Burbank?

Luther Burbank's mailing address is 520 Third Street Fourth Floor, Santa Rosa CA, 95401. The company can be reached via phone at 844-446-8201 or via email at [email protected]


This page was last updated on 3/6/2021 by MarketBeat.com Staff

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