NASDAQ:LOBLive Oak Bancshares Stock Price, Forecast & 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 $17.33 -0.04 (-0.23 %) (As of 08/4/2020 04:00 PM ET) Add Compare Share Today's Range$17.18Now: $17.33▼$17.5150-Day Range$13.23MA: $14.91▼$17.4252-Week Range$7.57Now: $17.33▼$19.99Volume126,735 shsAverage Volume236,806 shsMarket Capitalization$702.00 millionP/E Ratio108.31Dividend Yield0.69%Beta1.17 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial 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 $73.50, Live Oak Bancshares has a potential upside of 324.1% from its current price of $17.33.Amount of Analyst CoverageLive Oak Bancshares has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Community Rank Outperform VotesLive Oak Bancshares has received 233 “outperform” votes. (Add your “outperform” vote.)Underperform VotesLive Oak Bancshares has received 337 “underperform” votes. (Add your “underperform” vote.)Community SentimentLive Oak Bancshares has received 59.12% “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 0.69%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthLive Oak Bancshares has only been increasing its dividend for 3 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 $44,775.00 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 Institutions43.04% 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 108.31, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 17.57.Price to Earnings Ratio vs. SectorThe P/E ratio of Live Oak Bancshares is 108.31, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 18.19.Price to Book Value per Share RatioLive Oak Bancshares has a P/B Ratio of 1.31. 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: 2.0Dividend Strength: 1.7Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.56 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 RatioN/A Current Ratio0.90 Quick Ratio0.68Price-To-Earnings Trailing P/E Ratio108.31 Forward P/E Ratio36.87 P/E GrowthN/A Sales & Book Value Annual Sales$295.86 million Price / Sales2.37 Cash Flow$0.74 per share Price / Cash Flow23.45 Book Value$13.20 per share Price / Book1.31Profitability EPS (Most Recent Fiscal Year)$0.44 Net Income$18.03 million Net Margins2.15% Return on Equity1.35% Return on Assets0.15%Miscellaneous Employees493 Outstanding Shares40,508,000Market Cap$702.00 million Next Earnings Date10/28/2020 (Estimated) OptionableOptionable $17.33 -0.04 (-0.23 %) (As of 08/4/2020 04:00 PM 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 COVID-19 (Coronavirus)? Live Oak Bancshares' stock was trading at $11.28 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, LOB shares have increased by 53.6% and is now trading at $17.33. View which stocks have been most impacted by Coronavirus. 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 earnings results on Wednesday, July, 22nd. The bank reported $0.09 EPS for the quarter, beating analysts' consensus estimates of $0.03 by $0.06. The bank earned $63.31 million during the quarter, compared to analyst estimates of $55.34 million. Live Oak Bancshares had a net margin of 2.15% and a return on equity of 1.35%. 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, May 12th. Shareholders 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 0.69%. The ex-dividend date is Friday, May 22nd. View Live Oak Bancshares' dividend history. What price target have analysts set for LOB? 2 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' share price to reach $73.50 in the next twelve months. This suggests a possible upside of 324.1% from the stock's current price. View analysts' price targets for Live Oak Bancshares. Has Live Oak Bancshares been receiving favorable news coverage? Media coverage about LOB stock has trended somewhat positive this week, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Live Oak Bancshares earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave media headlines about the bank a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future. View the latest news about Live Oak Bancshares. Are investors shorting Live Oak Bancshares? Live Oak Bancshares saw a increase in short interest in July. As of July 15th, there was short interest totaling 1,380,000 shares, an increase of 13.1% from the June 30th total of 1,220,000 shares. Based on an average daily trading volume, of 213,700 shares, the days-to-cover ratio is presently 6.5 days. Currently, 5.0% of the shares of the company are short sold. View Live Oak Bancshares' Current Options Chain. Who are some of Live Oak Bancshares' key competitors? Some companies that are related to Live Oak Bancshares include Home Bancshares (HOMB), United Bankshares (UBSI), Wintrust Financial (WTFC), CVB Financial (CVBF), IBERIABANK (IBKC), Bank of Hawaii (BOH), First Hawaiian (FHB), Bancorpsouth Bank (BXS), Independent Bank (INDB), Columbia Banking System (COLB), Associated Banc (ASB), Investors Bancorp (ISBC), ServisFirst Bancshares (SFBS), International Bancshares (IBOC) and Cathay General Bancorp (CATY). 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), Stitch Fix (SFIX), Netflix (NFLX), Alibaba Group (BABA), Carnival (CCL), Gilead Sciences (GILD), Healthequity (HQY), NVIDIA (NVDA), Trade Desk (TTD) and Twilio (TWLO). 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 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 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 a number of retail and institutional investors. Top institutional shareholders include Carroll Financial Associates Inc. (0.09%), UBS Group AG (0.06%), SG Americas Securities LLC (0.05%), First Trust Advisors LP (0.04%) and Zurcher Kantonalbank Zurich Cantonalbank (0.01%). 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. Which major investors are selling Live Oak Bancshares stock? LOB stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, and Carroll Financial Associates Inc.. View insider buying and selling activity for Live Oak Bancshares. Which major investors are buying Live Oak Bancshares stock? LOB stock was acquired by a variety of institutional investors in the last quarter, including UBS Group AG, SG Americas Securities LLC, and Zurcher Kantonalbank Zurich Cantonalbank . 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 $17.33. How big of a company is Live Oak Bancshares? Live Oak Bancshares has a market capitalization of $702.00 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 8/4/2020 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
