What is Luther Burbank's stock price target for 2024?

0 brokerages have issued 1 year price targets for Luther Burbank's stock. Their LBC share price targets range from $12.50 to $12.50. On average, they anticipate the company's share price to reach $12.50 in the next twelve months. This suggests a possible upside of 36.6% from the stock's current price. View analysts price targets for LBC or view top-rated stocks among Wall Street analysts .

How were Luther Burbank's earnings last quarter?

Luther Burbank Co. (NASDAQ:LBC) announced 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 firm had revenue of $45.55 million for the quarter, compared to the consensus estimate of $43.50 million. Luther Burbank had a net margin of 10.43% and a trailing twelve-month return on equity of 5.19%. During the same quarter in the previous year, the firm earned $0.27 EPS.

Is Luther Burbank a good dividend stock?

Luther Burbank (NASDAQ:LBC) pays an annual dividend of $0.48 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 67.61%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for LBC .

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) , Caterpillar (CAT) .

When did Luther Burbank IPO?

Luther Burbank (LBC) raised $131 million in an 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.

NASDAQ:LBC

Luther Burbank (LBC) Stock Price, News & Analysis

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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

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Luther Burbank MarketRank™ Stock Analysis

Analyst Rating: 0.00 Rating Score
Upside/Downside: 36.6% Upside
$12.50 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: -0.88
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.41 out of 5 stars

Finance Sector

711th out of 826 stocks

State Commercial Banks Industry

161st out of 172 stocks

2.0

Analyst's Opinion

Amount of Analyst Coverage
Luther Burbank has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

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

0.8

Dividend Strength

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%.

2.5

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Luther Burbank has received a 15.05% 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 Sustainability
The Environmental Impact score for Luther Burbank is -0.88.

N/A

News and Social Media Coverage

1.7

Company Ownership

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.

1.9

Earnings 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 141.70.
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 59.74.
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.

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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.

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LBC Stock News Headlines

April 9, 2024 | americanbankingnews.com

Luther Burbank (NASDAQ:LBC) Trading 0.5% Higher

March 14, 2024 | msn.com

‘Noche de Estrellas’ (‘Night of the Stars’): Youth Mariachi performance coming to Ukiah

April 18, 2024 | Darwin (Ad)

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March 4, 2024 | bizjournals.com

WaFd closes $654M acquisition of Luther Burbank

March 1, 2024 | wsj.com

Luther Burbank Corp.

February 22, 2024 | benzinga.com

Luther Burbank Stock (NASDAQ:LBC) Insider Trades

February 7, 2024 | finance.yahoo.com

With 64% ownership, Luther Burbank Corporation (NASDAQ:LBC) insiders have a lot at stake

February 1, 2024 | msn.com

Burbank Unified Announces Large Donation From Chuck Lorre Family Foundation At Music Is Instrumental Benefit Concert

April 18, 2024 | Darwin (Ad)

2024's Must-Have Guide: Master Crypto Investment Today

January 30, 2024 | msn.com

WaFd receives regulatory approval for acquisition of Luther Burbank

January 30, 2024 | finance.yahoo.com

WaFd, Inc. Receives Regulatory Approval for Acquisition of Luther Burbank Corporation

January 24, 2024 | businesswire.com

Seasoned Financial Expert Max Yzaguirre Named Strategic Advisor of FireFly Automatix, Leader in AV and EV-Driven Professional Turfgrass Mowing Technology

November 30, 2023 | finance.yahoo.com

Investors in Luther Burbank (NASDAQ:LBC) have unfortunately lost 27% over the last year

November 21, 2023 | markets.businessinsider.com

Keefe, Bruyette & Woods Maintains Outperform Rating for Luther Burbank: Here's What You Need To Know

November 19, 2023 | msn.com

Hundreds of volunteers help give out turkeys at Luther Burbank High School

November 11, 2023 | morningstar.com

Luther Burbank Corp LBC

October 31, 2023 | msn.com

Luther Burbank GAAP EPS of $0.04, revenue of $20.59M

October 30, 2023 | finance.yahoo.com

Luther Burbank Corporation Reports Earnings for the Quarter and Nine Months Ended September 30, 2023

October 25, 2023 | finance.yahoo.com

Luther Burbank Corp. (US5505501073.SG)

August 29, 2023 | usnews.com

Luther Burbank Middle

August 17, 2023 | finance.yahoo.com

LIBERO CLOSES PRIVATE PLACEMENT

July 26, 2023 | finance.yahoo.com

Luther Burbank Corporation Reports Earnings for the Quarter and Six Months Ended June 30, 2023

July 8, 2023 | fool.com

Luther Burbank (NASDAQ: LBC)

May 18, 2023 | msn.com

Keefe, Bruyette & Woods Maintains Luther Burbank (LBC) Market Perform Recommendation

May 8, 2023 | bizjournals.com

WaFd Bank, Luther Burbank shareholders approve proposed acquisition

May 8, 2023 | finance.yahoo.com

Washington Federal (WAFD)-Luther (LBC) Deal Gets Shareholder Nod

April 28, 2023 | seekingalpha.com

Luther Burbank Acquisition Potentially Offers 3.47% Upside In A Month

See More Headlines

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Company Calendar

Last Earnings: 10/25/2021
Today: 4/18/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: State commercial banks
Sub-Industry: N/A
Current Symbol: NASDAQ:LBC
CUSIP: N/A
CIK: 1475348
Web: www.lutherburbanksavings.com
Phone: (844) 446-8201
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

EPS (Most Recent Fiscal Year): $0.71
Trailing P/E Ratio: 12.89
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $80.20 million
Net Margins: 10.43%
Pretax Margin: 14.88%
Return on Equity: 5.19%
Return on Assets: 0.44%

Debt

Debt-to-Equity Ratio: 2.28
Current Ratio: 1.28
Quick Ratio: 1.28

Sales & Book Value

Annual Sales: $123.27 million
Price / Sales: 3.79
Cash Flow: $1.88 per share
Price / Cash Flow: 4.86
Book Value: $13.36 per share
Price / Book: 0.68

Miscellaneous

Outstanding Shares: 51,017,000
Free Float: 39,191,000
Market Cap: $466.81 million
Optionable: Not Optionable
Beta: 0.69

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Key Executives

Ms. Simone F. Lagomarsino (Age 63)
CEO, President & Director
Comp: $1.43M
Ms. Tammy Mahoney (Age 57)
Executive VP & Chief Risk Officer
Comp: $651.51k
Mr. Bradley S. Satenberg (Age 53)
CFO & Head of Investor Relations
Mr. Parham Medhat (Age 50)
Executive VP and Chief Operations & Technology Officer
Mr. Greg Loren Smith (Age 51)
Senior VP, General Counsel & Corporate Secretary
Mr. William D. Fanter (Age 53)
Executive VP & Head of Retail Banking
Mr. Alexander L. Stefani (Age 44)
Executive VP & Chief Credit Officer
Ms. Lisa Kepler (Age 64)
Senior VP & Director of Single Family Residential Lending

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

LBC Stock Analysis - Frequently Asked Questions

What is Luther Burbank's stock price target for 2024?: 0 brokerages have issued 1 year price targets for Luther Burbank's stock. Their LBC share price targets range from $12.50 to $12.50. On average, they anticipate the company's share price to reach $12.50 in the next twelve months. This suggests a possible upside of 36.6% from the stock's current price.
View analysts price targets for LBC or view top-rated stocks among Wall Street analysts.
How were Luther Burbank's earnings last quarter?: Luther Burbank Co. (NASDAQ:LBC) announced 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 firm had revenue of $45.55 million for the quarter, compared to the consensus estimate of $43.50 million. Luther Burbank had a net margin of 10.43% and a trailing twelve-month return on equity of 5.19%. During the same quarter in the previous year, the firm earned $0.27 EPS.
Is Luther Burbank a good dividend stock?: Luther Burbank (NASDAQ:LBC) pays an annual dividend of $0.48 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 67.61%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for LBC.
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), Caterpillar (CAT).
When did Luther Burbank IPO?: Luther Burbank (LBC) raised $131 million in an 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.

This page (NASDAQ:LBC) was last updated on 4/18/2024 by MarketBeat.com Staff

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Luther Burbank (LBC) Stock Price, News & Analysis

Luther Burbank MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

Company Ownership

Earnings and Valuation

About Luther Burbank Stock (NASDAQ:LBC)

LBC Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

LBC Stock Analysis - Frequently Asked Questions

Overall MarketRank^™