Live Oak Bancshares - LOB Stock Forecast, Price & News

4 Wall Street 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 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.
View LOB analyst ratings or view top-rated stocks.

4 equities research analysts have issued twelve-month price objectives for Live Oak Bancshares' stock. Their LOB share price forecasts range from $35.00 to $55.00. On average, they expect the company's stock price to reach $42.75 in the next twelve months. This suggests a possible upside of 30.0% 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 start of the year. Since then, LOB stock has decreased by 62.3% and is now trading at $32.88.
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Live Oak Bancshares saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 2,100,000 shares, a drop of 9.5% from the October 31st total of 2,320,000 shares. Based on an average trading volume of 279,000 shares, the days-to-cover ratio is presently 7.5 days. Approximately 6.4% of the shares of the company are short sold.
View Live Oak Bancshares' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 24th 2023.
View our LOB earnings forecast.

Live Oak Bancshares, Inc. (NASDAQ:LOB) issued its quarterly earnings data on Wednesday, October, 26th. The bank reported $0.96 EPS for the quarter, topping analysts' consensus estimates of $0.45 by $0.51. The bank earned $141.61 million during the quarter, compared to analysts' expectations of $105.63 million. Live Oak Bancshares had a net margin of 31.34% and a trailing twelve-month return on equity of 27.07%.

Live Oak Bancshares announced a quarterly dividend on Tuesday, November 15th. Stockholders of record on Tuesday, November 29th will be given a dividend of $0.03 per share on Tuesday, December 13th. This represents a $0.12 annualized dividend and a dividend yield of 0.36%. The ex-dividend date is Monday, November 28th.
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 0.36%. The dividend payout ratio is 2.64%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LOB will have a dividend payout ratio of 5.00% 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.

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(LOB) raised $68 million in an initial public offering (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.

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 investors include Vanguard Group Inc. (5.43%), BlackRock Inc. (5.10%), Diamond Hill Capital Management Inc. (4.93%), State Street Corp (3.05%), Dimensional Fund Advisors LP (2.04%) and Artisan Partners Limited Partnership (1.77%). 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 $32.88.

Live Oak Bancshares (NASDAQ:LOB) has a market capitalization of $1.45 billion and generates $521.41 million in revenue each year. The bank earns $166.99 million in net income (profit) each year or $4.54 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.