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S&P 500   4,455.48
DOW   34,798.00
QQQ   373.33
pixel
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S&P 500   4,455.48
DOW   34,798.00
QQQ   373.33
pixel
pixel
S&P 500   4,455.48
DOW   34,798.00
QQQ   373.33
pixel
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NASDAQ:LBC

Luther Burbank Stock Forecast, Price & News

$12.99
+0.14 (+1.09 %)
(As of 09/24/2021 12:00 AM ET)
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Today's Range
$12.93
$13.04
50-Day Range
$12.09
$13.11
52-Week Range
$7.58
$13.28
Volume16,851 shs
Average Volume46,440 shs
Market Capitalization$671.88 million
P/E Ratio10.83
Dividend Yield3.74%
Beta0.8
30 days | 90 days | 365 days | Advanced Chart
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Luther Burbank logo

About Luther Burbank

Luther 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.

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Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

2.51 out of 5 stars

Finance Sector

226th out of 1,331 stocks

State Commercial Banks Industry

44th out of 232 stocks

Analyst Opinion: 1.0Community Rank: 3.9Dividend Strength: 3.3Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -
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Luther Burbank (NASDAQ:LBC) Frequently Asked Questions

Is Luther Burbank a buy right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Luther Burbank in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Luther Burbank stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LBC, but not buy additional shares or sell existing shares.
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 "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Luther Burbank wasn't one of them. MarketBeat thinks these five companies 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 Tuesday, October 26th 2021.
View our earnings forecast for Luther Burbank
.

How were Luther Burbank's earnings last quarter?

Luther Burbank Co. (NASDAQ:LBC) released its earnings results on Monday, July, 26th. The company reported $0.41 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.33 by $0.08. The company had revenue of $41.41 million for the quarter, compared to analyst estimates of $40.20 million. Luther Burbank had a trailing twelve-month return on equity of 11.27% and a net margin of 27.15%.
View Luther Burbank's earnings history
.

How has Luther Burbank's stock been impacted by Coronavirus?

Luther Burbank's stock was trading at $8.62 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, LBC shares have increased by 50.7% and is now trading at $12.99.
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 announced a quarterly dividend on Wednesday, July 28th. Stockholders of record on Friday, August 6th will be given a dividend of $0.12 per share on Monday, August 16th. This represents a $0.48 dividend on an annualized basis and a yield of 3.70%. The ex-dividend date is Thursday, August 5th. This is an increase from Luther Burbank's previous quarterly dividend of $0.06.
View Luther Burbank's dividend history
.

Is Luther Burbank a good dividend stock?

Luther Burbank pays an annual dividend of $0.48 per share and currently has a dividend yield of 3.74%. Luther Burbank does not yet have a strong track record of dividend growth. The dividend payout ratio of Luther Burbank is 53.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Luther Burbank will have a dividend payout ratio of 28.57% 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?

1 analysts have issued 1-year price objectives for Luther Burbank's stock. Their forecasts range from $9.50 to $9.50. On average, they anticipate Luther Burbank's stock price to reach $9.50 in the next twelve months. This suggests that the stock has a possible downside of 26.9%.
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:
  • Simone F. Lagomarsino, President, Chief Executive Officer & Director
  • Parham Medhat, EVP, Chief Operations & Technology Officer
  • Laura Tarantino, Chief Financial Officer & Executive Vice President
  • Alexander Stefani, Chief Credit Officer & Executive Vice President
  • Liana Prieto, Secretary, Executive VP & General Counsel

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.

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 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.

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 investors include BlackRock Inc. (2.38%), Hotchkis & Wiley Capital Management LLC (1.44%), Vanguard Group Inc. (1.28%), Dimensional Fund Advisors LP (1.18%), State Street Corp (0.77%) and Renaissance Technologies LLC (0.59%). 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 institutional investors are selling Luther Burbank stock?

LBC stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Renaissance Technologies LLC, Northern Trust Corp, Bank of America Corp DE, Bridgeway Capital Management LLC, Bank of New York Mellon Corp, Wells Fargo & Company MN, and Millennium Management LLC. Company insiders that have sold Luther Burbank company stock in the last year include Jack W Krouskup, Liana Prieto, and Tammy Mahoney.
View insider buying and selling activity for Luther Burbank
or view top insider-selling stocks.

Which institutional investors are buying Luther Burbank stock?

LBC stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Vanguard Group Inc., First Trust Advisors LP, Parametric Portfolio Associates LLC, Morgan Stanley, Morgan Stanley, Ergoteles LLC, and JPMorgan Chase & Co.. 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 $12.99.

How much money does Luther Burbank make?

Luther Burbank has a market capitalization of $671.88 million and generates $243.91 million in revenue each year. The company earns $39.91 million in net income (profit) each year or $0.89 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 9/25/2021 by MarketBeat.com Staff

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