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 year. 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 Wall Street analysts have issued 12 month price targets for Live Oak Bancshares' shares. Their LOB share price forecasts range from $35.00 to $55.00. On average, they expect the company's stock price to reach $44.00 in the next year. This suggests a possible upside of 27.8% 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 $87.29 at the beginning of 2022. Since then, LOB stock has decreased by 60.6% and is now trading at $34.43.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our LOB earnings forecast.

Live Oak Bancshares, Inc. (NASDAQ:LOB) released its earnings results on Wednesday, July, 27th. The bank reported $2.16 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.51 by $1.65. The bank earned $208.46 million during the quarter, compared to analysts' expectations of $97.90 million. Live Oak Bancshares had a trailing twelve-month return on equity of 26.88% and a net margin of 32.74%.

Live Oak Bancshares declared a quarterly dividend on Tuesday, August 23rd. Investors of record on Tuesday, September 6th will be given a dividend of $0.03 per share on Tuesday, September 20th. This represents a $0.12 annualized dividend and a dividend yield of 0.35%. The ex-dividend date of this dividend is Friday, September 2nd.
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 0.38%. 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 4.88% 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 $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."

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 $34.43.

Live Oak Bancshares (NASDAQ:LOB) has a market capitalization of $1.51 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.