NASDAQ:LOB

Live Oak Bancshares Stock Forecast, Price & News

$48.04

-0.74 (-1.52 %)

(As of 01/25/2021 12:00 AM ET)

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Today's Range

$46.19

Now: $48.04▼

$49.29

50-Day Range

$41.41

MA: $47.55▼

$50.68

52-Week Range

$7.57

Now: $48.04▼

$52.45

Volume220,109 shs

Average Volume256,107 shs

Market Capitalization$1.95 billion

P/E Ratio54.59

Dividend Yield0.25%

Beta1.3

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, as well as 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; wealth and investment management services to high-net-worth individuals and families; investment advisory services to new funds focused on providing venture capital to new and emerging financial technology companies; and an on-site restaurant location to company employees and business visitors. Live Oak Bancshares, Inc. was founded in 2008 and is headquartered in Wilmington, North Carolina.

MarketRank^™

Overall MarketRank^™

2.13 out of 5 stars

Finance Sector

172nd out of 1,930 stocks

State Commercial Banks Industry

35th out of 307 stocks

2.5 Analyst's Opinion

Consensus Rating
Live Oak Bancshares has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $57.60, Live Oak Bancshares has a forecasted upside of 19.9% from its current price of $48.04.
Amount of Analyst Coverage
Live Oak Bancshares has only been the subject of 1 research reports in the past 90 days.

2.1 Community Rank

Outperform Votes
Live Oak Bancshares has received 240 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Live Oak Bancshares has received 339 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Live Oak Bancshares has received 58.55% “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.

1.7 Dividend Strength

Dividend Yield
Live Oak Bancshares has a dividend yield of 0.25%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Live Oak Bancshares does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Live Oak Bancshares is 27.27%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Live Oak Bancshares will have a dividend payout ratio of 5.66% next year. This indicates that Live Oak Bancshares will be able to sustain or increase its dividend.

2.5 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Live Oak Bancshares insiders have bought 524.46% more of their company's stock than they have sold. Specifically, they have bought $3,802,954.00 in company stock and sold $609,000.00 in company stock.
Percentage Held by Insiders
Only 25.10% of the stock of Live Oak Bancshares is held by insiders.
Percentage Held by Institutions
43.59% 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.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Live Oak Bancshares are expected to grow by 66.93% in the coming year, from $1.27 to $2.12 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Live Oak Bancshares is 54.59, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.47.
Price to Earnings Ratio vs. Sector
The P/E ratio of Live Oak Bancshares is 54.59, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 22.07.
Price to Book Value per Share Ratio
Live Oak Bancshares has a P/B Ratio of 3.64. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

Phone910-790-5867

Employees628

Year FoundedN/A

Debt

Debt-to-Equity RatioN/A

Current Ratio0.92

Quick Ratio0.76

Price-To-Earnings

Trailing P/E Ratio54.59

Forward P/E Ratio37.83

P/E GrowthN/A

Sales & Book Value

Annual Sales$295.86 million

Price / Sales6.60

Cash Flow$0.71 per share

Price / Cash Flow67.43

Book Value$13.20 per share

Price / Book3.64

Profitability

EPS (Most Recent Fiscal Year)$0.44

Net Income$18.03 million

Net Margins10.11%

Return on Equity6.83%

Return on Assets0.57%

Miscellaneous

Outstanding Shares40,642,000

Market Cap$1.95 billion

Next Earnings Date1/27/2021 (Confirmed)

OptionableOptionable

$48.04

-0.74 (-1.52 %)

(As of 01/25/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Live Oak Bancshares (NASDAQ:LOB) Frequently Asked Questions

How has Live Oak Bancshares' stock price been impacted by COVID-19 (Coronavirus)?

Live Oak Bancshares' stock was trading at $11.28 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, LOB stock has increased by 325.9% and is now trading at $48.04.
View which stocks have been most impacted by COVID-19.

Is Live Oak Bancshares a buy right now?

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 1 hold rating, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Live Oak Bancshares stock.
View analyst ratings for Live Oak Bancshares or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Live Oak Bancshares?

Wall Street analysts have given Live Oak Bancshares a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Live Oak Bancshares wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Chip Mahan III's approval rating as Live Oak Bancshares' CEO?

17 employees have rated Live Oak Bancshares CEO Chip Mahan III on Glassdoor.com. Chip Mahan III has an approval rating of 94% among Live Oak Bancshares' employees. This puts Chip Mahan III in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

When is Live Oak Bancshares' next earnings date?

Live Oak Bancshares is scheduled to release its next quarterly earnings announcement on Wednesday, January 27th 2021.
View our earnings forecast for Live Oak Bancshares.

How can I listen to Live Oak Bancshares' earnings call?

Live Oak Bancshares will be holding an earnings conference call on Wednesday, January 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Live Oak Bancshares' earnings last quarter?

Live Oak Bancshares, Inc. (NASDAQ:LOB) announced its quarterly earnings results on Wednesday, October, 21st. The bank reported $0.83 earnings per share for the quarter, topping analysts' consensus estimates of $0.27 by $0.56. The bank had revenue of $98.41 million for the quarter, compared to analyst estimates of $69.88 million. Live Oak Bancshares had a trailing twelve-month return on equity of 6.83% and a net margin of 10.11%.
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 declared a quarterly dividend on Tuesday, November 17th. Investors of record on Tuesday, December 1st will be paid a dividend of $0.03 per share on Tuesday, December 15th. This represents a $0.12 annualized dividend and a yield of 0.25%. The ex-dividend date of this dividend is Monday, November 30th.
View Live Oak Bancshares' dividend history.

Is Live Oak Bancshares a good dividend stock?

Live Oak Bancshares pays an annual dividend of $0.12 per share and currently has a dividend yield of 0.25%. The dividend payout ratio of Live Oak Bancshares is 27.27%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Live Oak Bancshares will have a dividend payout ratio of 5.66% next year. This indicates that Live Oak Bancshares will be able to sustain or increase its dividend.
View Live Oak Bancshares' dividend history.

What price target have analysts set for LOB?

4 Wall Street analysts have issued 12-month price objectives for Live Oak Bancshares' shares. Their forecasts range from $17.00 to $130.00. On average, they expect Live Oak Bancshares' share price to reach $57.60 in the next year. This suggests a possible upside of 19.9% from the stock's current price.
View analysts' price targets for Live Oak Bancshares or view Wall Street analyst' top-rated stocks.

Who are some of Live Oak Bancshares' key competitors?

Some companies that are related to Live Oak Bancshares include Western Alliance Bancorporation (WAL), Prosperity Bancshares (PB), First Citizens BancShares (FCNCA), First Financial Bankshares (FFIN), South State (SSB), Popular (BPOP), Glacier Bancorp (GBCI), Bank OZK (OZK), United Bankshares (UBSI), Wintrust Financial (WTFC), Home Bancshares, Inc. (Conway, AR) (HOMB), Pacific Premier Bancorp (PPBI), Texas Capital Bancshares (TCBI), First Hawaiian (FHB) and Bank of Hawaii (BOH).
View all of LOB's 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 NVIDIA (NVDA), The Walt Disney (DIS), Stitch Fix (SFIX), Wix.com (WIX), Zscaler (ZS), Appian (APPN), Fastly (FSLY), Square (SQ), Teladoc Health (TDOC) and The Trade Desk (TTD).

Who are Live Oak Bancshares' key executives?

Live Oak Bancshares' management team includes the following people:

Mr. James S. Mahan III, Chairman & CEO (Age 68, Pay $716.23k)
Mr. Neil Lawrence Underwood, Pres & Director (Age 51, Pay $832.46k)
Mr. Steven Brett Caines, Chief Financial Officer (Age 41, Pay $444.09k)
Mr. Huntley Garriott Jr., Pres of Live Oak Banking Company (Age 44, Pay $1.02M)
Ms. Susan N. Janson, Chief Risk Officer of Live Oak Banking Company (Age 71, Pay $441.34k)
Mr. William L. Williams III, Vice Chairman & Exec. VP (Age 68)
Mr. John Wesley Sutherland, Chief Accounting Officer (Age 49)
Mr. Gregory W. Seward, Exec. VP & Gen. Counsel (Age 44)
Claire Parker, Sr. VP of Corp. Communications
Mr. Micah S. Davis, Chief Marketing Officer

When did Live Oak Bancshares IPO?

(LOB) raised $68 million in an initial public offering 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 number of retail and institutional investors. Top institutional investors include Centaurus Financial Inc. (0.02%), Acorn Financial Advisory Services Inc. ADV (0.01%) and IFP Advisors Inc (0.01%). Company insiders that own Live Oak Bancshares stock include David G Salyers, Diane Beth Glossman, 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.

Which institutional investors are selling Live Oak Bancshares stock?

LOB stock was sold by a variety of institutional investors in the last quarter, including IFP Advisors Inc, and Centaurus Financial Inc..
View insider buying and selling activity for Live Oak Bancshares or view top insider-selling stocks.

Which institutional investors are buying Live Oak Bancshares stock?

LOB stock was purchased by a variety of institutional investors in the last quarter, including Acorn Financial Advisory Services Inc. ADV. Company insiders that have bought Live Oak Bancshares stock in the last two years include David G Salyers, Diane Beth Glossman, 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 or or view top insider-buying stocks.

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 WeBull, 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 $48.04.

How big of a company is Live Oak Bancshares?

Live Oak Bancshares has a market capitalization of $1.95 billion 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 628 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 1/26/2021 by MarketBeat.com Staff

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