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 (WHO). Since then, LOB shares have increased by 111.0% and is now trading at $23.80.
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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.

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.

Live Oak Bancshares Inc (NASDAQ:LOB) posted its quarterly earnings data on Wednesday, July, 22nd. The bank reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.06. The bank earned $63.31 million during the quarter, compared to the consensus estimate 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.

Live Oak Bancshares declared 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 yield of 0.50%. The ex-dividend date of this dividend is Friday, September 4th.
View Live Oak Bancshares' dividend history.

2 analysts have issued 1-year price objectives for Live Oak Bancshares' shares. Their forecasts range from $17.00 to $130.00. On average, they expect Live Oak Bancshares' stock price to reach $58.33 in the next year. This suggests a possible upside of 145.1% from the stock's current price.
View analysts' price targets for Live Oak Bancshares.

Live Oak Bancshares saw a increase in short interest during 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 daily volume of 224,600 shares, the days-to-cover ratio is currently 6.0 days. Approximately 4.9% of the shares of the stock are sold short.
View Live Oak Bancshares' Short Interest.

Some companies that are related to Live Oak Bancshares include South State (SSB), Western Alliance Bancorporation (WAL), First Citizens BancShares (FCNCA), Glacier Bancorp (GBCI), Popular (BPOP), United Bankshares (UBSI), Bank Ozk (OZK), Home Bancshares (HOMB), Wintrust Financial (WTFC), CVB Financial (CVBF), First Interstate Bancsystem (FIBK), Bank of Hawaii (BOH), Associated Banc (ASB), Bancorpsouth Bank (BXS) 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 Walt Disney (DIS), NVIDIA (NVDA), Stitch Fix (SFIX), Visa (V), Pfizer (PFE), Twilio (TWLO), Xilinx (XLNX), Zscaler (ZS), Appian (APPN) and Fastly (FSLY).

(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.

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 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.

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.

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.

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 $23.80.

Live Oak Bancshares has a market capitalization of $964.69 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.

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.