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NASDAQ:LOB

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

$45.80
+1.30 (+2.92%)
(As of 07/26/2024 ET)
Today's Range
$45.04
$46.13
50-Day Range
$31.66
$44.50
52-Week Range
$26.11
$47.22
Volume
300,791 shs
Average Volume
180,247 shs
Market Capitalization
$2.06 billion
P/E Ratio
23.02
Dividend Yield
0.26%
Price Target
$41.00

Live Oak Bancshares MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
10.2% Downside
$41.00 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.80mentions of Live Oak Bancshares in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$93,522 Sold Last Quarter
Proj. Earnings Growth
46.63%
From $1.93 to $2.83 Per Share

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.

3.42 out of 5 stars

Finance Sector

384th out of 898 stocks

State Commercial Banks Industry

83rd out of 181 stocks

LOB stock logo

About Live Oak Bancshares Stock (NASDAQ:LOB)

Live Oak Bancshares, Inc. operates as the bank holding company for Live Oak Banking Company that provides various banking products and services in the United States. It operates through two segments, Banking and Fintech. The company accepts various deposit products, including noninterest-bearing demand, as well as interest-bearing checking, money market, savings, and time deposits. It also offers commercial and industrial loans; construction and development loans; owner occupied and non-owner occupied collateral commercial real estate loans; and commercial land loans. In addition, the company provides settlement, accounting, and securitization services for government guaranteed loans; financing for renewable energy application industry; wealth and investment management services to high-net-worth individuals and families; and investment advisory services to a series of funds focused on providing venture capital to new and emerging financial technology companies. Live Oak Bancshares, Inc. was incorporated in 2008 and is headquartered in Wilmington, North Carolina.

LOB Stock Price History

LOB Stock News Headlines

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Live Oak Bancshares Q2 2024 Earnings Preview
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Company Calendar

Ex-Dividend for 6/18 Dividend
6/04/2024
Dividend Payable
6/18/2024
Last Earnings
7/24/2024
Today
7/26/2024
Next Earnings (Estimated)
10/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Banking
Current Symbol
NASDAQ:LOB
Employees
960
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$41.00
High Stock Price Target
$47.00
Low Stock Price Target
$34.00
Potential Upside/Downside
-10.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$73.90 million
Pretax Margin
11.95%

Debt

Sales & Book Value

Annual Sales
$800.01 million
Cash Flow
$2.28 per share
Book Value
$20.23 per share

Miscellaneous

Free Float
34,221,000
Market Cap
$2.06 billion
Optionable
Optionable
Beta
1.62
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LOB Stock Analysis - Frequently Asked Questions

How have LOB shares performed this year?

Live Oak Bancshares' stock was trading at $45.50 on January 1st, 2024. Since then, LOB stock has increased by 0.4% and is now trading at $45.66.
View the best growth stocks for 2024 here
.

How were Live Oak Bancshares' earnings last quarter?

Live Oak Bancshares, Inc. (NASDAQ:LOB) announced its quarterly earnings data on Wednesday, July, 24th. The bank reported $0.59 EPS for the quarter, beating analysts' consensus estimates of $0.46 by $0.13. The bank had revenue of $232.61 million for the quarter, compared to analysts' expectations of $123.08 million. Live Oak Bancshares had a trailing twelve-month return on equity of 11.13% and a net margin of 11.22%.

What is Chip Mahan III's approval rating as Live Oak Bancshares' CEO?

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.

When did Live Oak Bancshares IPO?

Live Oak Bancshares (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 served as the underwriter for the IPO and Keefe Bruyette & Woods (A Stifle Company) and SunTrust Robinson Humphrey were co-managers.

Who are Live Oak Bancshares' major shareholders?

Live Oak Bancshares' top institutional investors include Blue Trust Inc. (0.56%), Bank of New York Mellon Corp (0.42%), Profit Investment Management LLC (0.27%) and Salem Investment Counselors Inc. (0.20%). Insiders that own company stock include William Henderson Cameron, Steve Smits, Miltom Emmett Petty, Diane Beth Glossman, John W Sutherland, Micah S Davis, David G Lucht, Renato Derraik, Tonya Williams Bradford, William L Williams III, William C Losch III, Gregory W Seward, Susan N Janson and Neil Lawrence Underwood.
View institutional ownership trends
.

How do I buy shares of Live Oak Bancshares?

Shares of LOB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Live Oak Bancshares own?

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

This page (NASDAQ:LOB) was last updated on 7/26/2024 by MarketBeat.com Staff

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