NASDAQ:LOBLive Oak Bancshares Stock Price, Forecast & News

Live Oak Bancshares' stock was trading at $11.28 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, LOB stock has increased by 16.0% and is now trading at $13.09. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Live Oak Bancshares in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Live Oak Bancshares.

Live Oak Bancshares is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Live Oak Bancshares.

Live Oak Bancshares Inc (NASDAQ:LOB) released its earnings results on Wednesday, April, 22nd. The bank reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by $0.27. The bank had revenue of $45.90 million for the quarter, compared to analyst estimates of $52.07 million. Live Oak Bancshares had a net margin of 2.67% and a return on equity of 1.72%. View Live Oak Bancshares' earnings history.

Live Oak Bancshares announced a quarterly dividend on Tuesday, May 12th. Investors of record on Tuesday, May 26th will be paid a dividend of $0.03 per share on Tuesday, June 9th. This represents a $0.12 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date of this dividend is Friday, May 22nd. View Live Oak Bancshares' dividend history.

2 equities research analysts have issued 1 year price objectives for Live Oak Bancshares' shares. Their forecasts range from $17.00 to $130.00. On average, they anticipate Live Oak Bancshares' stock price to reach $73.50 in the next twelve months. This suggests a possible upside of 461.5% from the stock's current price. View analysts' price targets for Live Oak Bancshares.

Press coverage about LOB stock has trended negative recently, according to InfoTrie. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Live Oak Bancshares earned a media sentiment score of -2.7 on InfoTrie's scale. They also assigned news headlines about the bank a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutLive Oak Bancshares.

Live Oak Bancshares saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 1,140,000 shares, an increase of 10.7% from the April 30th total of 1,030,000 shares. Based on an average daily volume of 313,700 shares, the days-to-cover ratio is presently 3.6 days. Currently, 4.2% of the company's stock are sold short. View Live Oak Bancshares' Current Options Chain.

Some companies that are related to Live Oak Bancshares include Independent Bank (INDB), Bancorpsouth Bank (BXS), IBERIABANK (IBKC), First Hawaiian (FHB), Investors Bancorp (ISBC), Associated Banc (ASB), Cathay General Bancorp (CATY), First Interstate Bancsystem (FIBK), International Bancshares (IBOC), ServisFirst Bancshares (SFBS), Columbia Banking System (COLB), South State (SSB), Hilltop (HTH), Ameris Bancorp (ABCB) and Texas Capital Bancshares (TCBI). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Live Oak Bancshares investors own include Walt Disney (DIS), Stitch Fix (SFIX), Netflix (NFLX), Alibaba Group (BABA), Carnival (CCL), Gilead Sciences (GILD), Healthequity (HQY), NVIDIA (NVDA), Trade Desk (TTD) and Twilio (TWLO).

(LOB) raised $68 million in an initial public offering (IPO) on Thursday, July 23rd 2015. The company issued 4,000,000 shares at a price of $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.

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

Live Oak Bancshares' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (4.71%), Mendon Capital Advisors Corp (2.48%), State Street Corp (1.59%), The Manufacturers Life Insurance Company (1.06%), Geode Capital Management LLC (1.00%) and Diamond Hill Capital Management Inc. (0.58%). Company insiders that own Live Oak Bancshares stock include David G Salyers, Diane Beth Glossman, Gregory W Seward, H K Landis, Huntley Garriott, James S Mahan III, Neil Lawrence Underwood, S Brett Caines, Susan N Janson, William Henderson Cameron and William L Williams III. View institutional ownership trends for Live Oak Bancshares.

LOB stock was sold by a variety of institutional investors in the last quarter, including RMB Capital Management LLC, Mendon Capital Advisors Corp, JPMorgan Chase & Co., Two Sigma Investments LP, Morgan Stanley, Fuller & Thaler Asset Management Inc., Raymond James & Associates, and UBS Group AG. View insider buying and selling activity for Live Oak Bancshares.

LOB stock was acquired by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company , Wellington Management Group LLP, Ballentine Partners LLC, BlackRock Inc., Two Sigma Advisers LP, Geode Capital Management LLC, SG Americas Securities LLC, and GSA Capital Partners LLP. Company insiders that have bought Live Oak Bancshares stock in the last two years include David G Salyers, Diane Beth Glossman, Gregory W Seward, H K Landis, Huntley Garriott, James S Mahan III, Neil Lawrence Underwood, Susan N Janson, William Henderson Cameron, and William L Williams III. View insider buying and selling activity for Live Oak Bancshares.

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

One share of LOB stock can currently be purchased for approximately $13.09.

Live Oak Bancshares has a market capitalization of $530.25 million and generates $295.86 million in revenue each year. The bank earns $18.03 million in net income (profit) each year or $0.44 on an earnings per share basis. Live Oak Bancshares employs 493 workers across the globe.

The official website for Live Oak Bancshares is www.liveoakbank.com.

Live Oak Bancshares' mailing address is 1741 TIBURON DRIVE, WILMINGTON NC, 28403. The bank can be reached via phone at 910-790-5867.