Live Oak Bancshares - LOB Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Live Oak Bancshares in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research 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' shares. Their LOB share price forecasts range from $40.00 to $55.00. On average, they expect the company's stock price to reach $47.75 in the next twelve months. This suggests a possible upside of 16.4% from the stock's current price.
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Live Oak Bancshares' stock was trading at $87.29 at the beginning of the year. Since then, LOB shares have decreased by 53.0% and is now trading at $41.01.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
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Live Oak Bancshares, Inc. (NASDAQ:LOB) announced its quarterly earnings data on Tuesday, October, 26th. The bank reported $0.76 EPS for the quarter, topping the consensus estimate of $0.65 by $0.11. The bank had revenue of $103.01 million for the quarter, compared to analysts' expectations of $99.12 million. Live Oak Bancshares had a net margin of 32.74% and a trailing twelve-month return on equity of 26.88%. During the same period in the previous year, the business earned $0.83 earnings per share.

Live Oak Bancshares announced a quarterly dividend on Thursday, May 19th. Stockholders of record on Tuesday, May 31st will be paid a dividend of $0.03 per share on Tuesday, June 14th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.29%. The ex-dividend date is Friday, May 27th.
Read our dividend analysis for LOB.

Live Oak Bancshares (NASDAQ:LOB) pays an annual dividend of $0.12 per share and currently has a dividend yield of 0.30%. The dividend payout ratio is 2.76%. 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 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 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 retail and institutional investors. Top institutional investors include Price T Rowe Associates Inc. MD (12.88%), State Street Corp (4.64%), abrdn plc (1.99%), Artisan Partners Limited Partnership (1.77%), Emerald Mutual Fund Advisers Trust (0.93%) and Emerald Advisers LLC (0.80%). Insiders that own company stock include David G Salyers, Diane Beth Glossman, Gregory W Seward, H K Landis, Huntley Garriott, James S Mahan III, John W Sutherland, Neil Lawrence Underwood, Steve Smits, Susan N Janson, Tonya Williams Bradford, William C Losch III and William L Williams III.
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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 $41.01.

Live Oak Bancshares (NASDAQ:LOB) has a market capitalization of $1.80 billion and generates $521.41 million in revenue each year. The bank earns $166.99 million in net income (profit) each year or $4.34 on an earnings per share basis.

The company employs 788 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 (910) 790-5867 or via fax at 910-790-5868.