Luther Burbank (LBC) Stock Forecast, Price & News

Luther Burbank (NASDAQ:LBC) Frequently Asked Questions

Is Luther Burbank a buy right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Luther Burbank in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Luther Burbank stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LBC, but not buy additional shares or sell existing shares.
View analyst ratings for Luther Burbank or view top-rated stocks.

Are investors shorting Luther Burbank?

Luther Burbank saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 202,100 shares, an increase of 20.8% from the April 15th total of 167,300 shares. Based on an average daily trading volume, of 56,800 shares, the days-to-cover ratio is presently 3.6 days. Currently, 1.4% of the shares of the stock are sold short.
View Luther Burbank's Short Interest.

When is Luther Burbank's next earnings date?

Luther Burbank is scheduled to release its next quarterly earnings announcement on Tuesday, July 26th 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 Tuesday, April, 26th. The company reported $0.45 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.40 by $0.05. Luther Burbank had a trailing twelve-month return on equity of 14.04% and a net margin of 40.22%. During the same period in the prior year, the company earned $0.35 earnings per share.
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, April 26th. Stockholders of record on Friday, May 6th will be paid a dividend of $0.12 per share on Monday, May 16th. This represents a $0.48 annualized dividend and a yield of 3.64%. The ex-dividend date is Thursday, May 5th.
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 3.72%. Luther Burbank does not yet have a strong track record of dividend growth. The dividend payout ratio of Luther Burbank is 26.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Luther Burbank will have a dividend payout ratio of 32.88% 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:

• Ms. Simone F. Lagomarsino, CEO, Pres & Director (Age 61, Pay $1.39M)
• Ms. Laura Tarantino, Exec. VP & CFO (Age 57, Pay $725.65k)
• Ms. Liana R. Prieto J.D., Exec. VP, Gen. Counsel, Corp. Sec. & Chief Ethics Officer (Age 43, Pay $750.07k)
• Mr. Parham Medhat, Exec. VP and Chief Operations & Technology Officer (Age 48)
• Mr. Bradley S. Satenberg, Investor Relations (Age 51)
• Ms. Tammy Mahoney, Exec. VP & Chief Risk Officer (Age 55) (LinkedIn Profile)
• Mr. William D. Fanter, Exec. VP & Head of Retail Banking (Age 51)
• Mr. James Michael Stedman, Exec. VP & Chief Credit Officer (Age 56)
• Mr. Alexander L. Stefani, Exec. VP & Chief Credit Officer (Age 42)
• Ms. Lisa Kepler, Sr. VP & Director of Single Family Residential Lending (Age 62)

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.

Who are some of Luther Burbank's key competitors?

Some companies that are related to Luther Burbank include Texas Capital Bancshares (TCBI), Atlantic Union Bankshares (AUB), International Bancshares (IBOC), Silvergate Capital (SI), Hilltop (HTH), Columbia Banking System (COLB), TowneBank (TOWN), Seacoast Banking Co. of Florida (SBCF), Banner (BANR), FB Financial (FBK), Banner (BANR), Lakeland Financial (LKFN), Heartland Financial USA (HTLF), Veritex (VBTX) and Triumph Bancorp (TBK).
View all of LBC's competitors.

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), Conduent (CNDT), Fiesta Restaurant Group (FRGI), Hewlett Packard Enterprise (HPE), Host Hotels & Resorts (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 acted 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 retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (1.34%), State Street Corp (0.62%), Renaissance Technologies LLC (0.61%), Boston Partners (0.48%), JPMorgan Chase & Co. (0.44%) and Northern Trust Corp (0.42%). Company insiders that own Luther Burbank stock include Jack W Krouskup, Liana Prieto, Parham Medhat, Simone Lagomarsino, Tammy Mahoney and Thomas C Wajnert.
View institutional ownership trends for Luther Burbank.

Which institutional investors are selling Luther Burbank stock?

LBC stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, JPMorgan Chase & Co., Acadian Asset Management LLC, Zebra Capital Management LLC, Northern Trust Corp, Renaissance Technologies LLC, UBS Group AG, and Foundry Partners LLC. Company insiders that have sold Luther Burbank company stock in the last year include Parham Medhat, and Tammy Mahoney.
View insider buying and selling activity for Luther Burbank or view top insider-selling stocks.

Which institutional investors are buying Luther Burbank stock?

LBC stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, LSV Asset Management, Seizert Capital Partners LLC, American Century Companies Inc., Goldman Sachs Group Inc., Bank of New York Mellon Corp, Charles Schwab Investment Management Inc., and Sei Investments Co.. Company insiders that have bought Luther Burbank stock in the last two years include 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.
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What is Luther Burbank's stock price today?

One share of LBC stock can currently be purchased for approximately $13.19.

How much money does Luther Burbank make?

Luther Burbank has a market capitalization of $681.25 million and generates $229.80 million in revenue each year. The company earns $87.75 million in net income (profit) each year or $1.789990 on an earnings per share basis.

How many employees does Luther Burbank have?

Luther Burbank employs 286 workers across the globe.

What is Luther Burbank's official website?

The official website for Luther Burbank is 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].