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 $13.98 -0.49 (-3.39 %) (As of 05/29/2020 04:00 PM ET) Add Compare Share Today's Range$13.88Now: $13.98▼$14.7550-Day Range$11.23MA: $13.12▼$14.4752-Week Range$7.57Now: $13.98▼$20.46Volume159,900 shsAverage Volume252,069 shsMarket Capitalization$566.30 millionP/E Ratio73.58Dividend Yield0.86%Beta1.14 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 425.8% from its current price of $13.98.Amount of Analyst CoverageLive Oak Bancshares has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Community Rank Outperform VotesLive Oak Bancshares has received 232 “outperform” votes. (Add your “outperform” vote.)Underperform VotesLive Oak Bancshares has received 334 “underperform” votes. (Add your “underperform” vote.)Community SentimentLive Oak Bancshares has received 59.01% “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 3.3 Dividend Strength Dividend LeadershipLive Oak Bancshares is a leading dividend payer. It pays a dividend yield of 0.86%, putting its dividend yield in the top 25% of dividend-paying stocks.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 26.67 % 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 $81,400.00 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 Institutions43.03% 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 309.09% in the coming year, from $0.11 to $0.45 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Live Oak Bancshares is 73.58, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.40.Price to Earnings Ratio vs. SectorThe P/E ratio of Live Oak Bancshares is 73.58, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 19.13.Price to Book Value per Share RatioLive Oak Bancshares has a P/B Ratio of 1.06. 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: 3.3Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.89 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 Ratio73.58 Forward P/E Ratio127.09 P/E GrowthN/A Sales & Book Value Annual Sales$295.86 million Price / Sales1.91 Cash Flow$0.70 per share Price / Cash Flow19.95 Book Value$13.18 per share Price / Book1.06Profitability EPS (Most Recent Fiscal Year)$0.44 Net Income$18.03 million Net Margins2.67% Return on Equity1.72% Return on Assets0.19%Miscellaneous Employees493 Outstanding Shares40,508,000Market Cap$566.30 million Next Earnings Date7/22/2020 (Estimated) OptionableOptionable NASDAQ:LOB Rates by TradingView 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. Since then, LOB shares have increased by 23.9% and is now trading at $13.98. 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, July 22nd 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, April, 22nd. The bank reported ($0.19) earnings per share for the quarter, missing the consensus estimate of $0.08 by $0.27. The bank had revenue of $45.90 million for the quarter, compared to analysts' expectations of $52.07 million. Live Oak Bancshares had a return on equity of 1.72% and a net margin of 2.67%. 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. Stockholders of record on Tuesday, May 26th will be given 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 0.86%. The ex-dividend date of this dividend is Friday, May 22nd. View Live Oak Bancshares' dividend history. What price target have analysts set for LOB? 2 analysts have issued 1-year target prices for Live Oak Bancshares' stock. Their forecasts range from $17.00 to $130.00. On average, they anticipate Live Oak Bancshares' stock price to reach $73.50 in the next twelve months. This suggests a possible upside of 425.8% 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 been trending very negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Live Oak Bancshares earned a news impact score of -3.0 on InfoTrie's scale. They also gave headlines about the bank a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future. View the latest news aboutLive Oak Bancshares. Are investors shorting Live Oak Bancshares? Live Oak Bancshares saw a increase in short interest in May. As of May 15th, there was short interest totaling 1,140,000 shares, an increase of 10.7% from the April 30th total of 1,030,000 shares. Based on an average daily trading volume, of 313,700 shares, the short-interest ratio is presently 3.6 days. Currently, 4.2% of the shares of the company are sold short. 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 Cathay General Bancorp (CATY), International Bancshares (IBOC), ServisFirst Bancshares (SFBS), First Interstate Bancsystem (FIBK), Columbia Banking System (COLB), South State (SSB), Ameris Bancorp (ABCB), Hilltop (HTH), Independent Bank Group (IBTX), United Community Banks (UCBI), Texas Capital Bancshares (TCBI), TowneBank (TOWN), Renasant (RNST), Banner (BANR) and Pacific Premier Bancorp (PPBI). 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 initial public offering (IPO) on Thursday, July 23rd 2015. The company issued 4,000,000 shares at $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 variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.71%), Mendon Capital Advisors Corp (2.48%), State Street Corp (1.59%), The Manufacturers Life Insurance Company (1.06%), Geode Capital Management LLC (1.00%) and Diamond Hill Capital Management Inc. (0.58%). 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 RMB Capital Management LLC, Mendon Capital Advisors Corp, JPMorgan Chase & Co., Two Sigma Investments LP, Morgan Stanley, Fuller & Thaler Asset Management Inc., Raymond James & Associates, and UBS Group AG. View insider buying and selling activity for Live Oak Bancshares. Which major investors are buying Live Oak Bancshares stock? LOB stock was bought by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company , Wellington Management Group LLP, Ballentine Partners LLC, BlackRock Inc., Two Sigma Advisers LP, Geode Capital Management LLC, SG Americas Securities LLC, and GSA Capital Partners LLP. 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 $13.98. How big of a company is Live Oak Bancshares? Live Oak Bancshares has a market capitalization of $566.30 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 5/29/2020 by MarketBeat.com Staff
