S&P 500   4,577.10
DOW   34,639.79
QQQ   389.91
S&P 500   4,577.10
DOW   34,639.79
QQQ   389.91
S&P 500   4,577.10
DOW   34,639.79
QQQ   389.91
S&P 500   4,577.10
DOW   34,639.79
QQQ   389.91
NASDAQ:LBC

Luther Burbank Stock Forecast, Price & News

$14.59
+0.58 (+4.14%)
(As of 12/2/2021 12:00 AM ET)
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Today's Range
$13.91
$14.59
50-Day Range
$12.49
$14.94
52-Week Range
$9.18
$15.37
Volume
32,790 shs
Average Volume
41,993 shs
Market Capitalization
$754.13 million
P/E Ratio
10.35
Dividend Yield
3.43%
Beta
0.78
30 days | 90 days | 365 days | Advanced Chart
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Luther Burbank logo

About Luther Burbank

Luther Burbank Corp. operates as a bank holding company. The firm operates through its subsidiary, Luther Burbank Savings that provides various banking products and services for real estate investors, professionals, entrepreneurs, high net worth individuals, depositors, and commercial businesses. It accepts deposits from general public and invests those funds in real estate loans, including permanent mortgage and construction loan. The company was founded on May 14, 1991 and is headquartered in Santa Rosa, CA.

Headlines

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Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:LBC
Fax
N/A
Employees
277
Year Founded
N/A

Sales & Book Value

Annual Sales
$243.91 million
Cash Flow
$1.40 per share
Book Value
$11.71 per share

Profitability

Net Income
$39.91 million
Pretax Margin
45.03%

Debt

Price-To-Earnings

Miscellaneous

Free Float
39,872,000
Market Cap
$754.13 million
Optionable
Not Optionable

Company Calendar

Last Earnings
10/25/2021
Ex-Dividend
11/04/2021
Dividend Payable
11/15/2021
Today
12/03/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
1/25/2022

MarketRank

Overall MarketRank

2.15 out of 5 stars

Finance Sector

577th out of 1,340 stocks

State Commercial Banks Industry

121st out of 233 stocks

Analyst Opinion: 0.0Community Rank: 3.9Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -












Luther Burbank (NASDAQ:LBC) Frequently Asked Questions

How has Luther Burbank's stock been impacted by COVID-19 (Coronavirus)?

Luther Burbank's stock was trading at $8.62 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, LBC shares have increased by 69.3% and is now trading at $14.59.
View which stocks have been most impacted by COVID-19
.

When is Luther Burbank's next earnings date?

Luther Burbank is scheduled to release its next quarterly earnings announcement on Tuesday, January 25th 2022.
View our earnings forecast for Luther Burbank
.

How were Luther Burbank's earnings last quarter?

Luther Burbank Co. (NASDAQ:LBC) released its quarterly earnings data on Monday, October, 25th. The company reported $0.48 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.41 by $0.07. Luther Burbank had a net margin of 31.82% and a trailing twelve-month return on equity of 12.71%. During the same quarter last year, the firm posted $0.27 EPS.
View Luther Burbank's earnings history
.

How often does Luther Burbank pay dividends? What is the dividend yield for Luther Burbank?

Luther Burbank declared a quarterly dividend on Tuesday, October 26th. Stockholders of record on Friday, November 5th will be given a dividend of $0.12 per share on Monday, November 15th. This represents a $0.48 annualized dividend and a yield of 3.29%. The ex-dividend date is Thursday, November 4th.
View Luther Burbank's dividend history
.

Is Luther Burbank a good dividend stock?

Luther Burbank pays an annual dividend of $0.48 per share and currently has a dividend yield of 3.43%. Luther Burbank does not yet have a strong track record of dividend growth. The dividend payout ratio of Luther Burbank is 34.04%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Luther Burbank will have a dividend payout ratio of 27.91% next year. This indicates that Luther Burbank will be able to sustain or increase its dividend.
View Luther Burbank's dividend history.

Who are Luther Burbank's key executives?

Luther Burbank's management team includes the following people:
  • Simone F. Lagomarsino, President, Chief Executive Officer & Director
  • Parham Medhat, EVP, Chief Operations & Technology Officer
  • Laura Tarantino, Chief Financial Officer & Executive Vice President
  • Alexander Stefani, Chief Credit Officer & Executive Vice President
  • Liana Prieto, Secretary, Executive VP & General Counsel

What is Simone Lagomarsino's approval rating as Luther Burbank's CEO?

5 employees have rated Luther Burbank CEO Simone Lagomarsino on Glassdoor.com. Simone Lagomarsino has an approval rating of 100% among Luther Burbank'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), (CNDT), Fiesta Restaurant Group (FRGI), Hewlett Packard Enterprise (HPE), (HST), KeyCorp (KEY), People's United Financial (PBCT), AmerisourceBergen (ABC) and Caterpillar (CAT).

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.

What is Luther Burbank's stock symbol?

Luther Burbank trades on the NASDAQ under the ticker symbol "LBC."

Who are Luther Burbank's major shareholders?

Luther Burbank's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (2.40%), Hotchkis & Wiley Capital Management LLC (1.41%), Dimensional Fund Advisors LP (1.24%), Maltese Capital Management LLC (1.16%), Renaissance Technologies LLC (0.58%) and Geode Capital Management LLC (0.54%). Company insiders that own Luther Burbank stock include Jack W Krouskup, John C Erickson, Liana Prieto, Simone Lagomarsino, Tammy Mahoney and Thomas C Wajnert.
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 Maltese Capital Management LLC, Citadel Advisors LLC, Hotchkis & Wiley Capital Management LLC, Strs Ohio, Renaissance Technologies LLC, Bank of New York Mellon Corp, Millennium Management LLC, and Alliancebernstein L.P.. Company insiders that have sold Luther Burbank company stock in the last year include Jack W Krouskup, Liana Prieto, and Tammy Mahoney.
View insider buying and selling activity for Luther Burbank
or view top insider-selling stocks.

Which major investors are buying Luther Burbank stock?

LBC stock was acquired by a variety of institutional investors in the last quarter, including LSV Asset Management, Arrowstreet Capital Limited Partnership, Two Sigma Advisers LP, Dimensional Fund Advisors LP, Foundry Partners LLC, Two Sigma Investments LP, SG Americas Securities LLC, and BlackRock Inc.. Company insiders that have bought Luther Burbank stock in the last two years include John C Erickson, Simone Lagomarsino, and Thomas C Wajnert.
View insider buying and selling activity for Luther Burbank
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Luther Burbank's stock price today?

One share of LBC stock can currently be purchased for approximately $14.59.

How much money does Luther Burbank make?

Luther Burbank has a market capitalization of $754.13 million and generates $243.91 million in revenue each year. The company earns $39.91 million in net income (profit) each year or $1.41 on an earnings per share basis.

How many employees does Luther Burbank have?

Luther Burbank employs 277 workers across the globe.

What is Luther Burbank's official website?

The official website for Luther Burbank is www.lutherburbanksavings.com.

Where are Luther Burbank's headquarters?

Luther Burbank is headquartered at 520 Third Street Fourth Floor, Santa Rosa CA, 95401.

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].


This page was last updated on 12/3/2021 by MarketBeat.com Staff

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