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

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$10.32 -0.10 (-0.96 %)
(As of 03/19/2019 03:31 PM ET)
Previous Close$10.42
Today's Range$10.32 - $10.41
52-Week Range$7.92 - $13.16
Volume627 shs
Average Volume77,524 shs
Market Capitalization$583.08 million
P/E Ratio13.16
Dividend Yield2.22%
Beta1.16
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

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$1.0563 per share
Book Value$10.28 per share

Profitability

Net Income$45.06 million

Miscellaneous

Employees278
Market Cap$583.08 million
Next Earnings Date4/25/2019 (Estimated)
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 Monday, January 28th. Shareholders of record on Friday, February 8th will be given a dividend of $0.058 per share on Tuesday, February 19th. This represents a $0.23 dividend on an annualized basis and a yield of 2.25%. The ex-dividend date of this dividend is Thursday, February 7th. View Luther Burbank's Dividend History.

How were Luther Burbank's earnings last quarter?

Luther Burbank Corp (NASDAQ:LBC) announced its quarterly earnings results on Monday, January, 28th. The company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.20 by $0.01. The business earned $33 million during the quarter, compared to analysts' expectations of $32.65 million. Luther Burbank had a net margin of 19.58% and a return on equity of 7.95%. 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, April 25th 2019. View Earnings Estimates for Luther Burbank.

What price target have analysts set for LBC?

4 Wall Street analysts have issued twelve-month price targets for Luther Burbank's stock. Their forecasts range from $11.50 to $13.00. On average, they expect Luther Burbank's stock price to reach $12.1250 in the next year. This suggests a possible upside of 17.5% from the stock's current price. View Analyst Price Targets for Luther Burbank.

What is the consensus analysts' recommendation for Luther Burbank?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Luther Burbank in the last year. There are currently 4 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?

Media stories about LBC stock have been trending neutral recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Luther Burbank earned a coverage optimism score of 0.4 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the near future.

Who are some of Luther Burbank's key competitors?

What other stocks do shareholders of Luther Burbank own?

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. Scott Frazee, Exec. VP & COO (Age 54)

When did Luther Burbank IPO?

(LBC) raised $131 million in an initial public offering 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 Basswood Capital Management L.L.C. (4.45%), BlackRock Inc. (2.10%), Brandywine Global Investment Management LLC (0.69%), Boston Partners (0.64%), Northern Trust Corp (0.39%) and Bank of New York Mellon Corp (0.37%). Company insiders that own Luther Burbank stock include Anita G Newcomb, John A Cardamone, John C Erickson, Scott Frazee, Simone Lagomarsino, Tammy Mahoney and Victor Trione. View Institutional Ownership Trends for Luther Burbank.

Which major investors are selling Luther Burbank stock?

LBC stock was sold by a variety of institutional investors in the last quarter, including Basswood Capital Management L.L.C., First Trust Advisors LP, Northern Trust Corp and Ulysses Management LLC. View Insider Buying and Selling 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., Bank of New York Mellon Corp, Mendon Capital Advisors Corp, Bank of America Corp DE, M3F Inc., Geode Capital Management LLC, Geode Capital Management LLC and American Century Companies Inc.. 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, Scottrade, Fidelity and Charles Schwab.

What is Luther Burbank's stock price today?

One share of LBC stock can currently be purchased for approximately $10.32.

How big of a company is Luther Burbank?

Luther Burbank has a market capitalization of $583.08 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 278 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:  2.0 out of 5 (star star)
Outperform Votes:  66 (Vote Outperform)
Underperform Votes:  97 (Vote Underperform)
Total Votes:  163
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 3/19/2019 by MarketBeat.com Staff

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