Live Oak Bancshares (LOB) Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Live Oak Bancshares in the last twelve months. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" LOB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LOB, but not buy additional shares or sell existing shares.
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5 analysts have issued twelve-month price objectives for Live Oak Bancshares' stock. Their LOB share price forecasts range from $25.00 to $27.00. On average, they predict the company's stock price to reach $26.13 in the next year. This suggests a possible upside of 14.0% from the stock's current price.
View analysts price targets for LOB or view top-rated stocks among Wall Street analysts.

Live Oak Bancshares' stock was trading at $30.20 at the beginning of 2023. Since then, LOB shares have decreased by 24.1% and is now trading at $22.92.
View the best growth stocks for 2023 here.

Live Oak Bancshares saw a increase in short interest in April. As of April 30th, there was short interest totaling 1,530,000 shares, an increase of 16.8% from the April 15th total of 1,310,000 shares. Based on an average daily trading volume, of 356,400 shares, the short-interest ratio is presently 4.3 days. Approximately 4.6% of the shares of the company are short sold.
View Live Oak Bancshares' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023.
View our LOB earnings forecast.

Live Oak Bancshares, Inc. (NASDAQ:LOB) posted its quarterly earnings data on Wednesday, April, 26th. The bank reported $0.01 earnings per share for the quarter, missing analysts' consensus estimates of $0.36 by $0.35. The bank earned $101.60 million during the quarter, compared to analysts' expectations of $111.27 million. Live Oak Bancshares had a net margin of 19.52% and a trailing twelve-month return on equity of 17.61%.

Live Oak Bancshares announced a quarterly dividend on Friday, May 26th. Investors of record on Wednesday, June 7th will be paid a dividend of $0.03 per share on Wednesday, June 21st. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date of this dividend is Tuesday, June 6th.
Read our dividend analysis for LOB.

ETFs with the largest weight of Live Oak Bancshares (NASDAQ:LOB) stock in their portfolio include MFAM Small-Cap Growth ETF (MFMS), Motley Fool Small-Cap Growth ETF (TMFS), BlackRock Future Financial and Technology ETF (BPAY), SPDR S&P Regional Banking ETF (KRE), SPDR S&P Bank ETF (KBE), First Trust NASDAQ BuyWrite Income ETF (FTQI), Direxion Daily Regional Banks Bull 3x Shares (DPST) and Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD).

Live Oak Bancshares (NASDAQ:LOB) pays an annual dividend of $0.12 per share and currently has a dividend yield of 0.52%. The dividend payout ratio is 3.79%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LOB will have a dividend payout ratio of 5.11% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LOB.

17 employees have rated Live Oak Bancshares Chief Executive Officer Chip Mahan III on Glassdoor.com. Chip Mahan III has an approval rating of 94% among the company's employees. This puts Chip Mahan III in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Live Oak Bancshares investors own include NVIDIA (NVDA), Walt Disney (DIS), Stitch Fix (SFIX), Wix.com (WIX), Zscaler (ZS), Appian (APPN), Fastly (FSLY), Block (SQ), Teladoc Health (TDOC) and Trade Desk (TTD).

(LOB) raised $68 million in an initial public offering on Thursday, July 23rd 2015. The company issued 4,000,000 shares at $16.00-$18.00 per share. Sandler O�Neill & Partners, L.P acted as the underwriter for the IPO and Keefe Bruyette & Woods (A Stifle Company) and SunTrust Robinson Humphrey were co-managers.

Live Oak Bancshares trades on the NASDAQ under the ticker symbol "LOB."

Live Oak Bancshares' stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.55%), Diamond Hill Capital Management Inc. (4.97%), State Street Corp (2.98%), Ameriprise Financial Inc. (2.71%), Dimensional Fund Advisors LP (2.70%) and Southernsun Asset Management LLC (2.08%). Insiders that own company stock include David G Lucht, Diane Beth Glossman, Gregory W Seward, H K Landis, James S Mahan III, John W Sutherland, Neil Lawrence Underwood, Steve Smits, Susan N Janson, Tonya Williams Bradford, William C Losch III, William Henderson Cameron and William L Williams III.
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Shares of LOB stock 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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One share of LOB stock can currently be purchased for approximately $22.92.

Live Oak Bancshares (NASDAQ:LOB) has a market capitalization of $1.02 billion and generates $682.47 million in revenue each year. The bank earns $176.21 million in net income (profit) each year or $3.17 on an earnings per share basis.

The company employs 1,004 workers across the globe.

Live Oak Bancshares' mailing address is 1741 TIBURON DRIVE, WILMINGTON NC, 28403. The official website for the company is www.liveoakbank.com. The bank can be reached via phone at (866) 518-0286 or via fax at 910-790-5868.