Live Oak Bancshares - LOB Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Live Oak Bancshares in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" LOB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LOB, but not buy additional shares or sell existing shares.
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4 analysts have issued 1-year target prices for Live Oak Bancshares' stock. Their LOB share price forecasts range from $29.00 to $55.00. On average, they predict the company's share price to reach $37.25 in the next twelve months. This suggests a possible upside of 52.9% from the stock's current price.
View analysts price targets for LOB or view top-rated stocks among Wall Street analysts.

Live Oak Bancshares' stock was trading at $30.20 at the beginning of 2023. Since then, LOB shares have decreased by 19.3% and is now trading at $24.37.
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Live Oak Bancshares saw a decline in short interest in the month of February. As of February 28th, there was short interest totaling 1,840,000 shares, a decline of 8.9% from the February 13th total of 2,020,000 shares. Based on an average daily trading volume, of 265,600 shares, the short-interest ratio is currently 6.9 days. Approximately 5.6% of the company's shares are short sold.
View Live Oak Bancshares' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
View our LOB earnings forecast.

Live Oak Bancshares, Inc. (NASDAQ:LOB) posted its quarterly earnings data on Wednesday, January, 25th. The bank reported $0.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.40 by $0.36. The bank had revenue of $104.97 million for the quarter, compared to the consensus estimate of $111.56 million. Live Oak Bancshares had a net margin of 25.82% and a trailing twelve-month return on equity of 22.60%.

Live Oak Bancshares declared a quarterly dividend on Thursday, February 16th. Shareholders of record on Tuesday, February 28th will be paid a dividend of $0.03 per share on Tuesday, March 14th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.49%. The ex-dividend date is Monday, February 27th.
Read our dividend analysis for LOB.

ETFs with the largest weight of Live Oak Bancshares (NASDAQ:LOB) stock in their portfolio include MFAM Small-Cap Growth ETF (MFMS), Motley Fool Small-Cap Growth ETF (TMFS), BlackRock Future Financial and Technology ETF (BPAY), SPDR S&P Regional Banking ETF (KRE), SPDR S&P Bank ETF (KBE), Direxion Daily Regional Banks Bull 3x Shares (DPST), First Trust NASDAQ BuyWrite Income ETF (FTQI) and WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS).

Live Oak Bancshares (NASDAQ:LOB) pays an annual dividend of $0.12 per share and currently has a dividend yield of 0.49%. The dividend payout ratio is 3.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LOB will have a dividend payout ratio of 4.63% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LOB.

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.

Based on aggregate information from My MarketBeat watchlists, some companies that other Live Oak Bancshares investors own include NVIDIA (NVDA), Walt Disney (DIS), Stitch Fix (SFIX), Wix.com (WIX), Zscaler (ZS), Appian (APPN), Fastly (FSLY), Block (SQ), Teladoc Health (TDOC) and 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 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 institutional and retail investors. Top institutional shareholders include T. Rowe Price Investment Management Inc. (14.17%), Diamond Hill Capital Management Inc. (4.80%), Dimensional Fund Advisors LP (2.21%), Artisan Partners Limited Partnership (1.73%), abrdn plc (1.36%) and Geode Capital Management LLC (1.35%). Insiders that own company stock include David G Salyers, Diane Beth Glossman, Gregory W Seward, H K Landis, James S Mahan III, John W Sutherland, Neil Lawrence Underwood, Steve Smits, Susan N Janson, Tonya Williams Bradford, William C Losch III, William Henderson Cameron and William L Williams III.
View institutional ownership trends.

Shares of LOB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of LOB stock can currently be purchased for approximately $24.37.

Live Oak Bancshares (NASDAQ:LOB) has a market capitalization of $1.08 billion and generates $391.86 million in revenue each year. The bank earns $176.21 million in net income (profit) each year or $3.92 on an earnings per share basis.

The company employs 1,004 workers across the globe.

Live Oak Bancshares' mailing address is 1741 TIBURON DRIVE, WILMINGTON NC, 28403. The official website for the company is www.liveoakbank.com. The bank can be reached via phone at (866) 518-0286 or via fax at 910-790-5868.