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

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$9.96 +0.20 (+2.05 %)
(As of 01/21/2019 03:17 PM ET)
Previous Close$9.76
Today's Range$9.76 - $9.97
52-Week Range$7.92 - $13.60
Volume41,977 shs
Average Volume67,719 shs
Market Capitalization$563.17 million
P/E Ratio7.01
Dividend Yield2.31%
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

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$181.74 million
Cash Flow$1.1871 per share
Book Value$9.80 per share

Profitability

Net Income$69.38 million

Miscellaneous

Employees266
Market Cap$563.17 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 annualized dividend and a yield of 2.31%. The ex-dividend date 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 data on Thursday, October, 25th. The company reported $0.21 EPS for the quarter, topping the 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 Monday, January 28th 2019. View Earnings Estimates for Luther Burbank.

What price target have analysts set for LBC?

3 brokerages have issued twelve-month price objectives for Luther Burbank's shares. Their predictions range from $11.50 to $13.00. On average, they anticipate Luther Burbank's stock price to reach $12.1667 in the next year. This suggests a possible upside of 22.2% 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 been trending very positive recently, according to InfoTrie Sentiment. The research firm scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Luther Burbank earned a news sentiment score of 3.2 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

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 64)
  • Ms. Laura Tarantino, Exec. VP & CFO (Age 54)
  • Ms. Liana R. Prieto J.D., Exec. VP, Gen. Counsel & Corp. Sec. (Age 40)
  • Mr. Scott Frazee, Exec. VP & COO (Age 54)
  • Mr. Bradley S. Satenberg, Investor Relations (Age 48)

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 served 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 $9.96.

How big of a company is Luther Burbank?

Luther Burbank has a market capitalization of $563.17 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:  2.1 out of 5 (star star)
Outperform Votes:  63 (Vote Outperform)
Underperform Votes:  86 (Vote Underperform)
Total Votes:  149
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 1/21/2019 by MarketBeat.com Staff

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