NASDAQ:LOB Live Oak Bancshares Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Live Oak Bancshares Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $23.75 -0.08 (-0.34 %) (As of 09/24/2020 12:00 AM ET) Add Compare Share Today's Range$23.55Now: $23.75▼$24.2850-Day Range$17.86MA: $21.57▼$26.1652-Week Range$7.57Now: $23.75▼$26.59Volume243,265 shsAverage Volume240,155 shsMarket Capitalization$962.66 millionP/E Ratio148.44Dividend Yield0.50%Beta1.32 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Live Oak Bancshares, Inc. operates as the bank holding company for Live Oak Banking Company that provides various commercial banking products and services to individuals, small businesses, and professionals in North Carolina, the United States. The company accepts various deposit products, including noninterest-bearing demand, 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; and wealth and investment management services to high-net-worth individuals and families. Live Oak Bancshares, Inc. was founded in 2008 and is headquartered in Wilmington, North Carolina.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingLive Oak Bancshares has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $58.33, Live Oak Bancshares has a forecasted upside of 145.6% from its current price of $23.75.Amount of Analyst CoverageLive Oak Bancshares has received no research coverage in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesLive Oak Bancshares has received 235 “outperform” votes. (Add your “outperform” vote.)Underperform VotesLive Oak Bancshares has received 338 “underperform” votes. (Add your “underperform” vote.)Community SentimentLive Oak Bancshares has received 58.99% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Live Oak Bancshares and other stocks. Vote “Outperform” if you believe LOB will outperform the S&P 500 over the long term. Vote “Underperform” if you believe LOB will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend YieldLive Oak Bancshares has a dividend yield of 0.50%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthLive Oak Bancshares has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Live Oak Bancshares is 27.27%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Live Oak Bancshares will have a dividend payout ratio of 7.74% next year. This indicates that Live Oak Bancshares will be able to sustain or increase its dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Live Oak Bancshares insiders have bought more of their company's stock than they have sold. Specifically, they have bought $3,543,713.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 25.10% of the stock of Live Oak Bancshares is held by insiders.Percentage Held by Institutions43.01% of the stock of Live Oak Bancshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Live Oak Bancshares are expected to grow by 229.79% in the coming year, from $0.47 to $1.55 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Live Oak Bancshares is 148.44, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.22.Price to Earnings Ratio vs. SectorThe P/E ratio of Live Oak Bancshares is 148.44, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 17.04.Price to Book Value per Share RatioLive Oak Bancshares has a P/B Ratio of 1.80. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.1Dividend Strength: 1.7Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.58 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry State commercial banks Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:LOB Previous Symbol CUSIPN/A CIK1462120 Webwww.liveoakbank.com Phone910-790-5867Debt Debt-to-Equity Ratio0.01 Current Ratio0.91 Quick Ratio0.78Price-To-Earnings Trailing P/E Ratio148.44 Forward P/E Ratio50.53 P/E GrowthN/A Sales & Book Value Annual Sales$295.86 million Price / Sales3.25 Cash Flow$0.72 per share Price / Cash Flow33.20 Book Value$13.20 per share Price / Book1.80Profitability EPS (Most Recent Fiscal Year)$0.44 Net Income$18.03 million Net Margins2.15% Return on Equity1.34% Return on Assets0.13%Miscellaneous Employees493 Outstanding Shares40,533,000Market Cap$962.66 million Next Earnings Date10/28/2020 (Estimated) OptionableOptionable $23.75 -0.08 (-0.34 %) (As of 09/24/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive LOB News and Ratings via Email Sign-up to receive the latest news and ratings for LOB and its competitors with MarketBeat's FREE daily newsletter. Live Oak Bancshares (NASDAQ:LOB) Frequently Asked Questions How has Live Oak Bancshares' stock been impacted by Coronavirus? Live Oak Bancshares' stock was trading at $11.28 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, LOB shares have increased by 110.5% and is now trading at $23.75. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Live Oak Bancshares? 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. When is Live Oak Bancshares' next earnings date? Live Oak Bancshares is scheduled to release its next quarterly earnings announcement on Wednesday, October 28th 2020. View our earnings forecast for Live Oak Bancshares. How were Live Oak Bancshares' earnings last quarter? Live Oak Bancshares Inc (NASDAQ:LOB) posted its quarterly earnings data on Wednesday, July, 22nd. The bank reported $0.09 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.03 by $0.06. The bank had revenue of $63.31 million for the quarter, compared to analysts' expectations of $55.34 million. Live Oak Bancshares had a return on equity of 1.34% and a net margin of 2.15%. View Live Oak Bancshares' earnings history. How often does Live Oak Bancshares pay dividends? What is the dividend yield for Live Oak Bancshares? Live Oak Bancshares announced a quarterly dividend on Tuesday, August 25th. Stockholders of record on Tuesday, September 8th will be paid a dividend of $0.03 per share on Tuesday, September 22nd. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.51%. The ex-dividend date of this dividend is Friday, September 4th. View Live Oak Bancshares' dividend history. What price target have analysts set for LOB? 2 brokerages 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' share price to reach $58.33 in the next year. This suggests a possible upside of 145.6% from the stock's current price. View analysts' price targets for Live Oak Bancshares. Who are some of Live Oak Bancshares' key competitors? Some companies that are related to Live Oak Bancshares include South State (SSB), Western Alliance Bancorporation (WAL), First Citizens BancShares (FCNCA), Popular (BPOP), Glacier Bancorp (GBCI), United Bankshares (UBSI), Bank Ozk (OZK), Home Bancshares (HOMB), Wintrust Financial (WTFC), CVB Financial (CVBF), Bank of Hawaii (BOH), First Interstate Bancsystem (FIBK), Bancorpsouth Bank (BXS), First Hawaiian (FHB) and Associated Banc (ASB). View all competitors. What other stocks do shareholders of Live Oak Bancshares own? Based on aggregate information from My MarketBeat watchlists, some companies that other Live Oak Bancshares investors own include Walt Disney (DIS), NVIDIA (NVDA), Stitch Fix (SFIX), Visa (V), Pfizer (PFE), Twilio (TWLO), Xilinx (XLNX), Zscaler (ZS), Appian (APPN) and Fastly (FSLY). Who are Live Oak Bancshares' key executives? Live Oak Bancshares' management team includes the following people: Mr. James S. Mahan III, Chairman & CEO (Age 67)Mr. Steven Brett Caines, Chief Financial Officer (Age 40)Mr. Gregory W. Seward, Gen. Counsel (Age 43)Mr. Steven J. Smits, Chief Credit Officer (Age 52)Ms. Susan N. Janson, Chief Risk Officer of Live Oak Banking Company When did Live Oak Bancshares IPO? (LOB) raised $68 million in an initial public offering 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 acted as the underwriter for the IPO and Keefe Bruyette & Woods (A Stifle Company) and SunTrust Robinson Humphrey were co-managers. What is Live Oak Bancshares' stock symbol? Live Oak Bancshares trades on the NASDAQ under the ticker symbol "LOB." Who are Live Oak Bancshares' major shareholders? Live Oak Bancshares' stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (3.39%), Mendon Capital Advisors Corp (2.10%), Driehaus Capital Management LLC (0.85%), HighTower Advisors LLC (0.64%), Diamond Hill Capital Management Inc. (0.54%) and Capital Impact Advisors LLC (0.51%). 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. Which institutional investors are selling Live Oak Bancshares stock? LOB stock was sold by a variety of institutional investors in the last quarter, including Mendon Capital Advisors Corp, RMB Capital Management LLC, FMR LLC, FMR LLC, Bank of America Corp DE, Diamond Hill Capital Management Inc., Commonwealth Equity Services LLC, and Two Sigma Advisers LP. View insider buying and selling activity for Live Oak Bancshares. Which institutional investors are buying Live Oak Bancshares stock? LOB stock was purchased by a variety of institutional investors in the last quarter, including Driehaus Capital Management LLC, Capital Impact Advisors LLC, Vanguard Group Inc., Nuveen Asset Management LLC, Jacobs Levy Equity Management Inc., California Public Employees Retirement System, Arbiter Partners Capital Management LLC, and Charles Schwab Investment Management Inc.. 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. How do I buy shares of 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. What is Live Oak Bancshares' stock price today? One share of LOB stock can currently be purchased for approximately $23.75. How big of a company is Live Oak Bancshares? Live Oak Bancshares has a market capitalization of $962.66 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. What is Live Oak Bancshares' official website? The official website for Live Oak Bancshares is www.liveoakbank.com. How can I contact Live Oak Bancshares? Live Oak Bancshares' mailing address is 1741 TIBURON DRIVE, WILMINGTON NC, 28403. The bank can be reached via phone at 910-790-5867. This page was last updated on 9/25/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
