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

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$10.75 +0.17 (+1.61 %)
(As of 04/24/2019 04:00 PM ET)
Previous Close$10.58
Today's Range$10.53 - $10.79
52-Week Range$7.92 - $13.16
Volume29,900 shs
Average Volume65,172 shs
Market Capitalization$607.40 million
P/E Ratio13.61
Dividend Yield2.17%
Beta1.14
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$1.0718 per share
Book Value$10.28 per share

Profitability

Net Income$45.06 million

Miscellaneous

Employees278
Market Cap$607.40 million
Next Earnings Date4/29/2019 (Confirmed)
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 declared 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 annualized dividend and a yield of 2.16%. The ex-dividend date is Thursday, February 7th. View Luther Burbank's Dividend History.

How were Luther Burbank's earnings last quarter?

Luther Burbank Corp (NASDAQ:LBC) issued its quarterly earnings results on Monday, January, 28th. The company reported $0.19 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.20 by $0.01. The firm had revenue of $33 million for the quarter, compared to the consensus estimate 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 Monday, April 29th 2019. View Earnings Estimates for Luther Burbank.

What price target have analysts set for LBC?

4 analysts have issued 1-year target prices for Luther Burbank's stock. Their forecasts range from $11.50 to $13.00. On average, they anticipate Luther Burbank's share price to reach $12.1250 in the next twelve months. This suggests a possible upside of 12.8% 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?

Press coverage about LBC stock has trended somewhat positive on Wednesday, according to InfoTrie. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Luther Burbank earned a daily sentiment score of 1.7 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the stock's share price in the near term.

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 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.

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 $10.75.

How big of a company is Luther Burbank?

Luther Burbank has a market capitalization of $607.40 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:  2.1 out of 5 (star star)
Outperform Votes:  74 (Vote Outperform)
Underperform Votes:  104 (Vote Underperform)
Total Votes:  178
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 4/24/2019 by MarketBeat.com Staff

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