NASDAQ:LBC

Luther Burbank (LBC) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$9.06
$9.34
50-Day Range
$9.02
$9.72
52-Week Range
$7.73
$11.77
Volume
325,900 shs
Average Volume
35,951 shs
Market Capitalization
$466.81 million
P/E Ratio
12.89
Dividend Yield
N/A
Price Target
$12.50

Luther Burbank MarketRank™ Stock Analysis

Analyst Rating
0.00 Rating Score
Upside/​Downside
36.6% Upside
$12.50 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.88
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.46 out of 5 stars

Finance Sector

713th out of 843 stocks

State Commercial Banks Industry

164th out of 178 stocks

LBC stock logo

About Luther Burbank Stock (NASDAQ:LBC)

Luther Burbank Corporation operates as the bank holding company for Luther Burbank Savings that provides various banking products and services for real estate investors, professionals, entrepreneurs, depositors, and commercial businesses. 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; single family residential loans; and a portfolio of 30-year fixed rate first mortgage and a forgivable second mortgage. In addition, the company offers ATM, debit cards, online and mobile banking, and real estate investment services; and issues trust preferred securities. Luther Burbank Corporation was founded in 1983 and is headquartered in Santa Rosa, California.

LBC Stock News Headlines

WaFd closes $654M acquisition of Luther Burbank
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Luther Burbank Corp.
Luther Burbank Stock (NASDAQ:LBC) Insider Trades
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Luther Burbank Corp LBC
Luther Burbank Corp. (US5505501073.SG)
Luther Burbank Middle
LIBERO CLOSES PRIVATE PLACEMENT
Luther Burbank (NASDAQ: LBC)
See More Headlines
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Company Calendar

Last Earnings
10/25/2021
Today
4/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
N/A
Current Symbol
NASDAQ:LBC
Fax
N/A
Employees
256
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$12.50
High Stock Price Target
$12.50
Low Stock Price Target
$12.50
Potential Upside/Downside
+36.6%
Consensus Rating
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

Net Income
$80.20 million
Pretax Margin
14.88%

Debt

Sales & Book Value

Annual Sales
$123.27 million
Cash Flow
$1.88 per share
Book Value
$13.36 per share

Miscellaneous

Free Float
39,191,000
Market Cap
$466.81 million
Optionable
Not Optionable
Beta
0.69
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Key Executives


LBC Stock Analysis - Frequently Asked Questions

What is Luther Burbank's stock price target for 2024?

0 equities research analysts have issued 1 year target prices for Luther Burbank's stock. Their LBC share price targets range from $12.50 to $12.50. On average, they expect the company's share price to reach $12.50 in the next twelve months. This suggests a possible upside of 36.6% from the stock's current price.
View analysts price targets for LBC
or view top-rated stocks among Wall Street analysts.

How were Luther Burbank's earnings last quarter?

Luther Burbank Co. (NASDAQ:LBC) posted its earnings results on Monday, October, 25th. The company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.07. The firm had revenue of $45.55 million for the quarter, compared to the consensus estimate of $43.50 million. Luther Burbank had a net margin of 10.43% and a trailing twelve-month return on equity of 5.19%. During the same period last year, the firm earned $0.27 EPS.

Is Luther Burbank a good dividend stock?

Luther Burbank (NASDAQ:LBC) pays an annual dividend of $0.48 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 67.61%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for LBC.

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

5 employees have rated Luther Burbank Chief Executive Officer Simone Lagomarsino on Glassdoor.com. Simone Lagomarsino has an approval rating of 100% among the company'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), Fiesta Restaurant Group (FRGI), Hewlett Packard Enterprise (HPE), KeyCorp (KEY), Caterpillar (CAT).

When did Luther Burbank IPO?

Luther Burbank (LBC) raised $131 million in an initial public offering (IPO) on Friday, December 8th 2017. The company issued 11,400,000 shares at a price of $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.

This page (NASDAQ:LBC) was last updated on 4/23/2024 by MarketBeat.com Staff

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