Live Oak Bancshares Stock Forecast, Price & News

Live Oak Bancshares' stock was trading at $11.28 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, LOB stock has increased by 289.6% and is now trading at $43.95.
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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, 1 buy rating and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Live Oak Bancshares or view MarketBeat's top 5 stock picks.

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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 quarterly earnings results on Wednesday, October, 21st. The bank reported $0.83 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.27 by $0.56. The bank earned $98.41 million during the quarter, compared to analysts' expectations of $69.88 million. Live Oak Bancshares had a net margin of 10.11% and a return on equity of 6.83%.
View Live Oak Bancshares' earnings history.

Live Oak Bancshares declared a quarterly dividend on Tuesday, November 17th. Stockholders of record on Tuesday, December 1st will be paid a dividend of $0.03 per share on Tuesday, December 15th. This represents a $0.12 annualized dividend and a yield of 0.27%. The ex-dividend date of this dividend is Monday, November 30th.
View Live Oak Bancshares' dividend history.

3 brokers have issued 1-year price targets for Live Oak Bancshares' stock. Their forecasts range from $17.00 to $130.00. On average, they anticipate Live Oak Bancshares' stock price to reach $58.00 in the next twelve months. This suggests a possible upside of 32.0% from the stock's current price.
View analysts' price targets for Live Oak Bancshares.

Live Oak Bancshares saw a increase in short interest in November. As of November 15th, there was short interest totaling 1,450,000 shares, an increase of 59.0% from the October 31st total of 911,900 shares. Based on an average daily trading volume, of 359,400 shares, the days-to-cover ratio is presently 4.0 days. Approximately 5.3% of the shares of the company are sold short.
View Live Oak Bancshares' Short Interest.

Some companies that are related to Live Oak Bancshares include Signature Bank (SBNY), East West Bancorp (EWBC), Prosperity Bancshares (PB), First Citizens BancShares (FCNCA), Western Alliance Bancorporation (WAL), South State (SSB), First Financial Bankshares (FFIN), Popular (BPOP), Glacier Bancorp (GBCI), United Bankshares (UBSI), Bank OZK (OZK), Wintrust Financial (WTFC), Home Bancshares, Inc. (Conway, AR) (HOMB), Bank of Hawaii (BOH) and First Hawaiian (FHB).
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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 The 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 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 a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (4.69%), State Street Corp (1.50%), Mendon Capital Advisors Corp (1.42%), The Manufacturers Life Insurance Company (1.20%), Diamond Hill Capital Management Inc. (0.54%) and Charles Schwab Investment Management Inc. (0.44%). 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 Mendon Capital Advisors Corp, State Street Corp, BlackRock Inc., Commonwealth Equity Services LLC, Carroll Financial Associates Inc., Morgan Stanley, SG Americas Securities LLC, and Signaturefd LLC.
View insider buying and selling activity for Live Oak Bancshares.

LOB stock was bought by a variety of institutional investors in the last quarter, including Great West Life Assurance Co. Can, LPL Financial LLC, Truist Financial Corp, Parsons Capital Management Inc. RI, Victory Capital Management Inc., IFP Advisors Inc, Wells Fargo & Company MN, and BNP Paribas Arbitrage SA. 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 $43.95.

Live Oak Bancshares has a market capitalization of $1.79 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 628 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.