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Luther Burbank Stock Price, Forecast & Analysis (NASDAQ:LBC)

$11.68
-0.04 (-0.34 %)
(As of 11/16/2019 08:00 AM ET)
Today's Range
$11.63
Now: $11.68
$11.95
50-Day Range
$10.76
MA: $11.30
$11.95
52-Week Range
$7.92
Now: $11.68
$11.99
Volume10,800 shs
Average Volume20,015 shs
Market Capitalization$654.43 million
P/E Ratio14.78
Dividend Yield1.96%
Beta1.17
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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$230.19 million
Cash Flow$1.06 per share
Book Value$10.80 per share

Profitability

Net Income$45.06 million

Miscellaneous

Employees271
Market Cap$654.43 million
Next Earnings Date1/27/2020 (Estimated)
OptionableNot Optionable

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Luther Burbank (NASDAQ:LBC) Frequently Asked Questions

What is Luther Burbank's stock symbol?

Luther Burbank trades on the NASDAQ under the ticker symbol "LBC."

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

Luther Burbank declared a quarterly dividend on Wednesday, October 23rd. Stockholders of record on Monday, November 4th will be paid a dividend of $0.058 per share on Thursday, November 14th. This represents a $0.23 annualized dividend and a dividend yield of 1.99%. The ex-dividend date of this dividend is Friday, November 1st. View Luther Burbank's Dividend History.

How were Luther Burbank's earnings last quarter?

Luther Burbank Corp (NASDAQ:LBC) released its quarterly earnings data on Wednesday, October, 23rd. The company reported $0.23 EPS for the quarter, beating analysts' consensus estimates of $0.20 by $0.03. The company had revenue of $33.58 million for the quarter, compared to the consensus estimate of $31.50 million. Luther Burbank had a net margin of 17.57% and a return on equity of 7.93%. View Luther Burbank's Earnings History.

When is Luther Burbank's next earnings date?

Luther Burbank is scheduled to release their next quarterly earnings announcement on Monday, January 27th 2020. View Earnings Estimates for Luther Burbank.

What price target have analysts set for LBC?

2 brokerages have issued twelve-month target prices for Luther Burbank's shares. Their forecasts range from $12.00 to $12.00. On average, they expect Luther Burbank's stock price to reach $12.00 in the next twelve months. This suggests a possible upside of 2.7% from the stock's current price. View Analyst Price Targets for Luther Burbank.

What is the consensus analysts' recommendation for Luther Burbank?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Luther Burbank in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Luther Burbank.

Has Luther Burbank been receiving favorable news coverage?

Media coverage about LBC stock has trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Luther Burbank earned a media sentiment score of 2.0 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Luther Burbank.

Are investors shorting Luther Burbank?

Luther Burbank saw a decrease in short interest during the month of October. As of October 31st, there was short interest totalling 136,100 shares, a decrease of 11.4% from the September 30th total of 153,600 shares. Based on an average trading volume of 29,200 shares, the days-to-cover ratio is currently 4.7 days. Currently, 0.3% of the company's stock are sold short. View Luther Burbank's Current Options Chain.

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 Conduent (CNDT), Hewlett Packard Enterprise (HPE), ANNALY CAP MGMT/SH (NLY), Amicus Therapeutics (FOLD), Frontier Communications (FTR), Huntington Bancshares (HBAN), Immunomedics (IMMU), JetBlue Airways (JBLU), Meet Group (MEET) and News (NWSA).

Who are Luther Burbank's key executives?

Luther Burbank's management team includes the folowing people:
  • Ms. Simone F. Lagomarsino, CEO, Pres & Director (Age 58)
  • Ms. Laura Tarantino, Exec. VP & CFO (Age 54)
  • Ms. Liana R. Prieto J.D., Exec. VP, Gen. Counsel & Corp. Sec. (Age 40)
  • Mr. John G. Biggs, Advisor (Age 64)
  • Mr. Bradley S. Satenberg, Investor Relations (Age 48)

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 $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.

Who are Luther Burbank's major shareholders?

Luther Burbank's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Mackay Shields LLC (0.25%), Bowling Portfolio Management LLC (0.19%), First Trust Advisors LP (0.12%), Strs Ohio (0.09%), Rhumbline Advisers (0.05%) and Russell Investments Group Ltd. (0.03%). Company insiders that own Luther Burbank stock include Anita G Newcomb, John A Cardamone, John C Erickson, Liana Prieto, Scott Frazee, Simone Lagomarsino, Tammy Mahoney and Victor Trione. View Institutional Ownership Trends for Luther Burbank.

Which institutional investors are selling Luther Burbank stock?

LBC stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio. Company insiders that have sold Luther Burbank company stock in the last year include Liana Prieto and Tammy Mahoney. View Insider Buying and Selling for Luther Burbank.

Which institutional investors are buying Luther Burbank stock?

LBC stock was acquired by a variety of institutional investors in the last quarter, including Bowling Portfolio Management LLC, First Trust Advisors LP, Russell Investments Group Ltd., Patriot Financial Partners GP LP, Mackay Shields LLC and Rhumbline Advisers. Company insiders that have bought Luther Burbank stock in the last two years include Anita G Newcomb, John A Cardamone, John C Erickson, Scott Frazee, Simone Lagomarsino, Tammy Mahoney and Victor Trione. View Insider Buying and Selling for Luther Burbank.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Luther Burbank's stock price today?

One share of LBC stock can currently be purchased for approximately $11.68.

How big of a company is Luther Burbank?

Luther Burbank has a market capitalization of $654.43 million and generates $230.19 million in revenue each year. The company earns $45.06 million in net income (profit) each year or $0.79 on an earnings per share basis. Luther Burbank employs 271 workers across the globe.View Additional Information About Luther Burbank.

What is Luther Burbank's official website?

The official website for Luther Burbank is http://www.lutherburbanksavings.com/.

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]


MarketBeat Community Rating for Luther Burbank (NASDAQ LBC)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  103 (Vote Outperform)
Underperform Votes:  137 (Vote Underperform)
Total Votes:  240
MarketBeat's community ratings are surveys of what our community members think about Luther Burbank and other stocks. Vote "Outperform" if you believe LBC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LBC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/17/2019 by MarketBeat.com Staff

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