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NASDAQ:LBC

Luther Burbank (LBC) Stock Price, News & Analysis

About Luther Burbank Stock (NASDAQ:LBC)

Key Stats

Today's Range
$9.06
$9.34
50-Day Range
$9.02
$9.72
52-Week Range
$7.73
$11.77
Volume
325,900 shs
Average Volume
35,951 shs
Market Capitalization
$466.81 million
P/E Ratio
12.89
Dividend Yield
N/A
Price Target
$12.50
Consensus Rating
N/A

Company Overview

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.

Luther Burbank Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 32nd Percentile

Luther Burbank scored higher than 32% of companies evaluated by MarketBeat, and ranked 805th out of 950 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Luther Burbank is 12.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.60.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Luther Burbank is 12.89, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 43.87.

  • Price to Book Value per Share Ratio

    Luther Burbank has a P/B Ratio of 0.68. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for LBC.
  • Dividend Yield

    Luther Burbank does not currently pay a dividend.

  • Dividend Growth

    Luther Burbank does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Luther Burbank is 67.61%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about Luther Burbank's dividend.
  • Short Interest

    There is no current short interest data available for LBC.
  • Search Interest

    Only 1 people have searched for LBC on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Luther Burbank insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    23.18% 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 Institutions

    Only 14.96% of the stock of Luther Burbank is held by institutions.

  • Read more about Luther Burbank's insider trading history.
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LBC Stock News Headlines

[Urgent] Starlink Set For The Largest IPO In History?
He turned PayPal from a tiny, off-the-radar startup… to a massive $64 billion giant. Then, he did it again with Tesla… which is up more than 19,500% since 2010. For perspective, that turns $100 invested into almost $20,000! And now, Elon could be set to do it for the third and final time… with what might be his biggest breakthrough yet. And for the first time ever, you have the rare chance to profit BEFORE the upcoming IPO.
NASB Financial Inc NASB
See More Headlines

LBC Stock Analysis - Frequently Asked Questions

Luther Burbank Co. (NASDAQ:LBC) issued its earnings results on Monday, October, 25th. The company reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.07. The company had revenue of $45.55 million for the quarter, compared to analyst estimates of $43.50 million. Luther Burbank had a trailing twelve-month return on equity of 5.19% and a net margin of 10.43%.

Luther Burbank (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 served as the underwriters for the IPO and D.A. Davidson & Co. was co-manager.

Based on aggregate information from My MarketBeat watchlists, some other companies that Luther Burbank investors own include Huntington Bancshares (HBAN), Apple Hospitality REIT (APLE), Fiesta Restaurant Group (FRGI), Hewlett Packard Enterprise (HPE), KeyCorp (KEY).

Company Calendar

Last Earnings
10/25/2021
Today
9/17/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
N/A
Current Symbol
NASDAQ:LBC
Fax
N/A
Employees
256
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$12.50
High Stock Price Target
$12.50
Low Stock Price Target
$12.50
Potential Upside/Downside
+36.6%
Consensus Rating
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

Net Income
$80.20 million
Pretax Margin
14.88%

Debt

Sales & Book Value

Annual Sales
$123.27 million
Cash Flow
$1.88 per share
Book Value
$13.36 per share

Miscellaneous

Free Float
39,191,000
Market Cap
$466.81 million
Optionable
Not Optionable
Beta
0.69
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This page (NASDAQ:LBC) was last updated on 9/17/2024 by MarketBeat.com Staff
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