NASDAQ:LBC - Luther Burbank Stock Price, News, & Analysis

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$10.02 +0.18 (+1.83 %)
(As of 11/20/2018 04:00 PM ET)
Previous Close$9.84
Today's Range$9.57 - $10.11
52-Week Range$9.23 - $13.60
Volume43,300 shs
Average Volume105,202 shs
Market Capitalization$552.43 million
P/E Ratio7.06
Dividend Yield2.35%
BetaN/A
Luther Burbank Corporation operates as the bank holding company for Luther Burbank Savings that provides various banking products and services for individuals, entrepreneurs, professionals, and businesses in the United States. 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; and single family residential loans. In addition, the company offers ATM machines, debit cards, and online and mobile banking services. As of January 25, 2018, it had nine banking branch locations in Northern and Southern California; and eight lending offices in California, Seattle, Washington, and Portland, Oregon. Further, the company engages in the real estate investment activities; and issues trust preferred securities. Luther Burbank Corporation was founded in 1983 and is headquartered in Santa Rosa, California.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:LBC
Previous Symbol
CUSIPN/A
Phone844-446-8201

Debt

Debt-to-Equity Ratio1.96
Current Ratio1.21
Quick Ratio1.21

Price-To-Earnings

Trailing P/E Ratio7.06
Forward P/E Ratio12.37
P/E Growth1.71

Sales & Book Value

Annual Sales$181.74 million
Price / Sales3.12
Cash Flow$1.2175 per share
Price / Cash8.23
Book Value$9.80 per share
Price / Book1.02

Profitability

EPS (Most Recent Fiscal Year)$1.42
Net Income$69.38 million
Net Margins25.84%
Return on Equity7.67%
Return on Assets0.69%

Miscellaneous

Employees266
Outstanding Shares56,540,000
Market Cap$552.43 million
OptionableNot Optionable

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 announced a quarterly dividend on Friday, October 26th. Investors of record on Monday, November 5th will be given a dividend of $0.0575 per share on Thursday, November 15th. This represents a $0.23 dividend on an annualized basis and a dividend yield of 2.30%. The ex-dividend date of this dividend is Friday, November 2nd. View Luther Burbank's Dividend History.

How were Luther Burbank's earnings last quarter?

Luther Burbank Corp (NASDAQ:LBC) released its quarterly earnings results on Thursday, October, 25th. The company reported $0.21 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.20 by $0.01. The company had revenue of $32.76 million for the quarter, compared to analyst estimates of $33.10 million. Luther Burbank had a return on equity of 7.67% and a net margin of 25.84%. 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 Thursday, January 24th 2019. View Earnings Estimates for Luther Burbank.

What price target have analysts set for LBC?

3 Wall Street analysts have issued 12 month price targets for Luther Burbank's shares. Their forecasts range from $11.50 to $13.00. On average, they anticipate Luther Burbank's stock price to reach $12.1667 in the next twelve months. This suggests a possible upside of 21.4% from the stock's current price. View Analyst Price Targets for Luther Burbank.

What is the consensus analysts' recommendation for Luther Burbank?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Luther Burbank in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Luther Burbank.

Has Luther Burbank been receiving favorable news coverage?

News articles about LBC stock have trended somewhat positive recently, InfoTrie reports. The research group ranks the sentiment of media coverage by reviewing 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 five, with scores closest to five being the most favorable. Luther Burbank earned a news impact score of 1.9 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 7.0 out of 10, meaning that recent media coverage is likely to have an impact on the stock's share price in the near term.

Who are some of Luther Burbank's key competitors?

Who are Luther Burbank's key executives?

Luther Burbank's management team includes the folowing people:
  • Mr. John G. Biggs, Pres, CEO & Director (Age 63)
  • Ms. Laura Tarantino, Exec. VP & CFO (Age 53)
  • Ms. Liana R. Prieto J.D., Exec. VP, Gen. Counsel & Corp. Sec. (Age 39)
  • Mr. Scott Frazee, Sr. VP & Director of Operations (Age 53)
  • Mr. Mark Severson, Investor Relations

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 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 a number of of retail and institutional investors. Top institutional investors include Capital Research Global Investors (3.09%), BlackRock Inc. (1.78%), Maltese Capital Management LLC (1.56%), Bank of New York Mellon Corp (0.11%), JCSD Capital LLC (0.09%) and Strs Ohio (0.08%). Company insiders that own Luther Burbank stock include Anita G Newcomb, John A Cardamone, Scott Frazee and Tammy Mahoney. View Institutional Ownership Trends for Luther Burbank.

Which major investors are buying Luther Burbank stock?

LBC stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Capital Research Global Investors, Maltese Capital Management LLC, JCSD Capital LLC, Strs Ohio, Citadel Advisors LLC, O Shaughnessy Asset Management LLC and Alpine Woods Capital Investors LLC. Company insiders that have bought Luther Burbank stock in the last two years include Anita G Newcomb, John A Cardamone, Scott Frazee and Tammy Mahoney. 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, Scottrade, Fidelity and Charles Schwab.

What is Luther Burbank's stock price today?

One share of LBC stock can currently be purchased for approximately $10.02.

How big of a company is Luther Burbank?

Luther Burbank has a market capitalization of $552.43 million and generates $181.74 million in revenue each year. The company earns $69.38 million in net income (profit) each year or $1.42 on an earnings per share basis. Luther Burbank employs 266 workers across the globe.

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:  2.2 out of 5 (star star)
Outperform Votes:  56 (Vote Outperform)
Underperform Votes:  73 (Vote Underperform)
Total Votes:  129
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 11/20/2018 by MarketBeat.com Staff

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