Live Oak Bancshares Stock Forecast, Price & 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. Since then, LOB shares have increased by 198.8% and is now trading at $33.71.
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3 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 2 buy ratings 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, January 27th 2021.
View our earnings forecast for Live Oak Bancshares.

Live Oak Bancshares, Inc. (NASDAQ:LOB) released its earnings results on Wednesday, October, 21st. The bank reported $0.83 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.27 by $0.56. Live Oak Bancshares had a return on equity of 1.34% and a net margin of 2.15%.
View Live Oak Bancshares' earnings history.

Live Oak Bancshares declared a quarterly dividend on Tuesday, August 25th. Investors of record on Tuesday, September 8th will be given a dividend of $0.03 per share on Tuesday, September 22nd. This represents a $0.12 annualized dividend and a dividend yield of 0.36%. The ex-dividend date of this dividend is Friday, September 4th.
View Live Oak Bancshares' dividend history.

3 analysts have issued 1 year target prices for Live Oak Bancshares' shares. Their forecasts range from $17.00 to $130.00. On average, they anticipate Live Oak Bancshares' share price to reach $50.50 in the next twelve months. This suggests a possible upside of 49.8% from the stock's current price.
View analysts' price targets for Live Oak Bancshares.

Live Oak Bancshares saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 1,350,000 shares, an increase of 28.6% from the August 31st total of 1,050,000 shares. Based on an average trading volume of 224,600 shares, the short-interest ratio is currently 6.0 days. Currently, 4.9% of the company's shares are short sold.
View Live Oak Bancshares' Short Interest.

Some companies that are related to Live Oak Bancshares include East West Bancorp (EWBC), First Citizens BancShares (FCNCA), Signature Bank (SBNY), South State (SSB), First Financial Bankshares (FFIN), Western Alliance Bancorporation (WAL), Glacier Bancorp (GBCI), Popular (BPOP), United Bankshares (UBSI), Bank OZK (OZK), Home Bancshares, Inc. (Conway, AR) (HOMB), Wintrust Financial (WTFC), BancorpSouth Bank (BXS), Pacific Premier Bancorp (PPBI) and CVB Financial (CVBF).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Live Oak Bancshares investors own include NVIDIA (NVDA), The Walt Disney (DIS), Stitch Fix (SFIX), Wix.com (WIX), Zscaler (ZS), Appian (APPN), Fastly (FSLY), Square (SQ), Teladoc Health (TDOC) and Trade Desk (TTD).

(LOB) raised $68 million in an IPO 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.

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

Live Oak Bancshares' stock is owned by many different institutional and retail investors. Top institutional shareholders include Carroll Financial Associates Inc. (0.05%), Capstone Financial Group Inc. (0.01%) and Nisa Investment Advisors LLC (0.00%). 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, 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 Carroll Financial Associates Inc..
View insider buying and selling activity for Live Oak Bancshares.

LOB stock was purchased by a variety of institutional investors in the last quarter, including Capstone Financial Group Inc., and Nisa Investment Advisors LLC. 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 $33.71.

Live Oak Bancshares has a market capitalization of $1.37 billion 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 640 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.