Luther Burbank Stock Price, News & Analysis (NASDAQ:LBC) $8.62 -0.05 (-0.58%) (As of 11/28/2023 ET) Add Compare Share Share Today's Range$8.57▼$8.7350-Day Range$8.00▼$9.2352-Week Range$7.73▼$12.27Volume25,498 shsAverage Volume24,102 shsMarket Capitalization$439.79 millionP/E Ratio12.14Dividend YieldN/APrice Target$11.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaSustainability Luther Burbank MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside27.6% Upside$11.00 Price TargetShort InterestBearish0.67% of Float Sold ShortDividend StrengthN/ASustainability-1.25Upright™ Environmental ScoreNews Sentiment-0.04Based on 2 Articles This WeekInsider 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.2.24 out of 5 starsFinance Sector460th out of 872 stocksState Commercial Banks Industry112th out of 184 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 $11.00, Luther Burbank has a forecasted upside of 27.6% from its current price of $8.62.Amount of Analyst CoverageLuther Burbank has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted0.67% 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 6.1.Change versus previous monthShort interest in Luther Burbank has recently increased by 4.59%, indicating that investor sentiment is decreasing. 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 2.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreLuther Burbank has received a 8.81% 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", "Wire transfer services", "Consumer savings accounts provided by brick and mortar banks", "Consumer transaction accounts provided by brick and mortar banks", and "Debit cards" products. See details.Environmental SustainabilityThe Environmental Impact score for Luther Burbank is -1.25. Previous Next 2.2 News and Social Media Coverage News SentimentLuther Burbank has a news sentiment score of -0.04. 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 is a lower news sentiment than the 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Luther Burbank this week, compared to 0 articles on an average week.Search Interest1 people have searched for LBC on MarketBeat in the last 30 days. MarketBeat Follows1 people have added Luther Burbank to their MarketBeat watchlist in the last 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 Insiders23.17% 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 14.96% 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 12.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.79.Price to Earnings Ratio vs. SectorThe P/E ratio of Luther Burbank is 12.14, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.57.Price to Book Value per Share RatioLuther Burbank has a P/B Ratio of 0.63. 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 Stock (NASDAQ:LBC)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, depositors, 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 a portfolio of 30-year fixed rate first mortgage and a forgivable second mortgage. In addition, the company offers ATM, debit cards, online and mobile banking, and real estate investment services; and issues trust preferred securities. Luther Burbank Corporation was founded in 1983 and is headquartered in Santa Rosa, California.Read More LBC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LBC Stock News HeadlinesNovember 27, 2023 | americanbankingnews.comFirst Bancorp (NASDAQ:FBNC) versus Luther Burbank (NASDAQ:LBC) Critical ContrastNovember 22, 2023 | americanbankingnews.comLuther Burbank (NASDAQ:LBC) PT Lowered to $11.00 at Keefe, Bruyette & WoodsNovember 29, 2023 | Edge On The Street (Ad)An Unusual Way to Invest in GoldMost financial experts recommend including gold in your investment mix to protect against rising prices and keep wealth secure. Investors are discovering a little-known way to benefit from gold, which offers the chance to gain from higher gold prices and mining successes while avoiding the costs of operating mines. November 21, 2023 | markets.businessinsider.comKeefe, Bruyette & Woods Maintains Outperform Rating for Luther Burbank: Here's What You Need To KnowNovember 19, 2023 | msn.comHundreds of volunteers help give out turkeys at Luther Burbank High SchoolNovember 11, 2023 | morningstar.comLuther Burbank Corp LBCOctober 31, 2023 | msn.comLuther Burbank GAAP EPS of $0.04, revenue of $20.59MOctober 30, 2023 | finance.yahoo.comLuther Burbank Corporation Reports Earnings for the Quarter and Nine Months Ended September 30, 2023November 29, 2023 | Edge On The Street (Ad)An Unusual Way to Invest in GoldMost financial experts recommend including gold in your investment mix to protect against rising prices and keep wealth secure. Investors are discovering a little-known way to benefit from gold, which offers the chance to gain from higher gold prices and mining successes while avoiding the costs of operating mines. October 25, 2023 | finance.yahoo.comLuther Burbank Corp. (US5505501073.SG)August 29, 2023 | usnews.comLuther Burbank MiddleAugust 17, 2023 | finance.yahoo.comLIBERO CLOSES PRIVATE PLACEMENTJuly 26, 2023 | finance.yahoo.comLuther Burbank Corporation Reports Earnings for the Quarter and Six Months Ended June 30, 2023July 8, 2023 | fool.comLuther Burbank (NASDAQ: LBC)May 18, 2023 | msn.comKeefe, Bruyette & Woods Maintains Luther Burbank (LBC) Market Perform RecommendationMay 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, 2023March 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. - LBCSee More Headlines 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 Company Calendar Last Earnings10/30/2023Today11/29/2023Fiscal Year End12/31/2023Next Earnings (Estimated)1/23/2024Get 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/AEmployees256Year FoundedN/APrice Target and Rating Average Stock Price Target$11.00 High Stock Price Target$11.00 Low Stock Price Target$11.00 Potential Upside/Downside+27.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.71 Trailing P/E Ratio12.14 Forward P/E RatioN/A P/E GrowthN/ANet Income$80.20 million Net Margins10.43% Pretax Margin14.88% Return on Equity5.19% Return on Assets0.44% Debt Debt-to-Equity Ratio2.28 Current Ratio1.28 Quick Ratio1.28 Sales & Book Value Annual Sales$262.61 million Price / Sales1.67 Cash Flow$1.87 per share Price / Cash Flow4.60 Book Value$13.62 per share Price / Book0.63Miscellaneous Outstanding Shares51,020,000Free Float39,196,000Market Cap$439.79 million OptionableNot Optionable Beta0.70 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for December 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMs. Simone F. Lagomarsino (Age 62)CEO, President & Director Comp: $1.43MMs. Laura Tarantino (Age 58)Executive VP & CFO Comp: $686.72kMs. Tammy Mahoney (Age 56)Executive VP & Chief Risk Officer Comp: $651.51kMr. Parham Medhat (Age 49)Executive VP and Chief Operations & Technology Officer Mr. Bradley S. Satenberg (Age 52)Head of Investor Relations Mr. Greg Loren Smith (Age 50)Senior VP, General Counsel & Corporate Secretary Mr. William D. Fanter (Age 52)Executive VP & Head of Retail Banking Mr. Alexander L. Stefani (Age 43)Executive VP & Chief Credit Officer Ms. Lisa Kepler (Age 63)Senior VP & Director of Single Family Residential Lending More ExecutivesKey CompetitorsIndependent BankNASDAQ:IBCPFirst FinancialNASDAQ:THFFWashington Trust BancorpNASDAQ:WASHCNB FinancialNASDAQ:CCNESouth Plains FinancialNASDAQ:SPFIView All CompetitorsInstitutional OwnershipSchonfeld Strategic Advisors LLCBought 12,578 shares on 11/14/2023Ownership: 0.025%Tower Research Capital LLC TRC Bought 3,007 shares on 11/14/2023Ownership: 0.008%Northern Trust CorpSold 15,264 shares on 11/13/2023Ownership: 0.333%Citigroup Inc.Sold 20,364 shares on 11/9/2023Ownership: 1.115%Charles Schwab Investment Management Inc.Bought 2,117 shares on 11/8/2023Ownership: 0.152%View All Institutional Transactions LBC Stock Analysis - 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 target for 2024? 1 equities research analysts have issued 1 year price objectives for Luther Burbank's shares. Their LBC share price targets range from $11.00 to $11.00. On average, they expect the company's share price to reach $11.00 in the next year. This suggests a possible upside of 27.6% 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 start of the year. Since then, LBC shares have decreased by 22.4% and is now trading at $8.62. 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, January 23rd 2024. View our LBC earnings forecast. How were Luther Burbank's earnings last quarter? Luther Burbank Co. (NASDAQ:LBC) posted its earnings results on Monday, October, 30th. The company reported $0.04 earnings per share (EPS) for the quarter. The business had revenue of $20.60 million for the quarter. Luther Burbank had a trailing twelve-month return on equity of 5.19% and a net margin of 10.43%. 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), 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 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. Who are Luther Burbank's major shareholders? Luther Burbank's stock is owned by many different institutional and retail investors. Top institutional investors include Citigroup Inc. (1.12%), Boston Partners (0.34%), Northern Trust Corp (0.33%), Bank of New York Mellon Corp (0.19%), Charles Schwab Investment Management Inc. (0.15%) and Barclays PLC (0.03%). Insiders that own company stock include Jack W Krouskup, Liana Prieto, Parham Medhat and Tammy Mahoney. 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. This page (NASDAQ:LBC) was last updated on 11/29/2023 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. 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