Free Trial
NASDAQ:LOB

Live Oak Bancshares (LOB) Stock Price, News & Analysis

Live Oak Bancshares logo
$39.71
-0.30 (-0.75%)
(As of 10/31/2024 ET)

About Live Oak Bancshares Stock (NASDAQ:LOB)

Key Stats

Today's Range
$39.57
$40.24
50-Day Range
$39.60
$50.20
52-Week Range
$28.07
$50.57
Volume
223,737 shs
Average Volume
178,740 shs
Market Capitalization
$1.79 billion
P/E Ratio
18.13
Dividend Yield
0.30%
Price Target
$45.50
Consensus Rating
Moderate Buy

Company Overview

Live Oak Bancshares, Inc. operates as the bank holding company for Live Oak Banking Company that provides various banking products and services in the United States. It operates through two segments, Banking and Fintech. 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; financing for renewable energy application industry; wealth and investment management services to high-net-worth individuals and families; and investment advisory services to a series of funds focused on providing venture capital to new and emerging financial technology companies. Live Oak Bancshares, Inc. was incorporated in 2008 and is headquartered in Wilmington, North Carolina.

Live Oak Bancshares Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
75th Percentile Overall Score

LOB MarketRank™: 

Live Oak Bancshares scored higher than 75% of companies evaluated by MarketBeat, and ranked 357th out of 940 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Live Oak Bancshares has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Live Oak Bancshares has only been the subject of 2 research reports in the past 90 days.

  • Read more about Live Oak Bancshares' stock forecast and price target.
  • Earnings Growth

    Earnings for Live Oak Bancshares are expected to grow by 19.05% in the coming year, from $2.31 to $2.75 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Live Oak Bancshares is 18.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.44.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Live Oak Bancshares is 18.28, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 50.32.

  • Price to Book Value per Share Ratio

    Live Oak Bancshares has a P/B Ratio of 1.98. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Live Oak Bancshares' valuation and earnings.
  • Short Interest

    There is no current short interest data available for LOB.
  • Dividend Yield

    Live Oak Bancshares has a dividend yield of 0.29%, 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 6.03%. 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 4.36% next year. This indicates that Live Oak Bancshares will be able to sustain or increase its dividend.

  • Read more about Live Oak Bancshares' dividend.
  • Short Interest

    There is no current short interest data available for LOB.
  • News Sentiment

    Live Oak Bancshares has a news sentiment score of -0.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.60 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 11 news articles for Live Oak Bancshares this week, compared to 4 articles on an average week.
  • Search Interest

    1 people have searched for LOB on MarketBeat in the last 30 days.
  • MarketBeat Follows

    Only 1 people have added Live Oak Bancshares to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Live Oak Bancshares insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $860,000.00 in company stock.

  • Percentage Held by Insiders

    23.90% of the stock of Live Oak Bancshares is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    63.95% 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.

  • Read more about Live Oak Bancshares' insider trading history.
Receive LOB Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Live Oak Bancshares and its competitors with MarketBeat's FREE daily newsletter.

LOB Stock News Headlines

Banking failure dead ahead
If you missed it, my emergency election broadcast is now available - but will be removed soon
Live Oak Bancshares (NASDAQ:LOB) PT Lowered to $44.00
Live Oak Bancshares price target lowered to $46 from $57 at Truist
See More Headlines

LOB Stock Analysis - Frequently Asked Questions

Live Oak Bancshares' stock was trading at $45.50 at the beginning of 2024. Since then, LOB stock has decreased by 12.0% and is now trading at $40.03.
View the best growth stocks for 2024 here
.

Live Oak Bancshares, Inc. (NASDAQ:LOB) issued its quarterly earnings data on Wednesday, October, 23rd. The bank reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by $0.25. The bank had revenue of $241.87 million for the quarter, compared to the consensus estimate of $126.63 million. Live Oak Bancshares had a net margin of 11.22% and a trailing twelve-month return on equity of 10.93%.

Live Oak Bancshares (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.

Live Oak Bancshares' top institutional shareholders include abrdn plc (0.68%), Rice Hall James & Associates LLC (0.29%), Raymond James & Associates (0.21%) and Blue Trust Inc. (0.16%). Insiders that own company stock include William Henderson Cameron, Steve Smits, Miltom Emmett Petty, Diane Beth Glossman, Micah S Davis, John W Sutherland, David G Lucht, Renato Derraik, Tonya Williams Bradford, William L Williams III, William C Losch III, Gregory W Seward, Susan N Janson and Neil Lawrence Underwood.
View institutional ownership trends
.

Shares of LOB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Live Oak Bancshares investors own include NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), CrowdStrike (CRWD), Advanced Micro Devices (AMD), Netflix (NFLX) and UnitedHealth Group (UNH).

Company Calendar

Ex-Dividend for 9/17 Dividend
9/03/2024
Dividend Payable
9/17/2024
Last Earnings
10/23/2024
Today
10/31/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
1/22/2025

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Banking
Current Symbol
NASDAQ:LOB
Employees
987
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$45.50
High Stock Price Target
$47.00
Low Stock Price Target
$44.00
Potential Upside/Downside
+14.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$73.90 million
Pretax Margin
13.36%

Debt

Sales & Book Value

Annual Sales
$469.13 million
Cash Flow
$1.82 per share
Book Value
$20.23 per share

Miscellaneous

Free Float
34,272,000
Market Cap
$1.79 billion
Optionable
Optionable
Beta
1.60

Social Links

10 Best Cheap Stocks to Buy Now Cover

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.

Get This Free Report

This page (NASDAQ:LOB) was last updated on 10/31/2024 by MarketBeat.com Staff
From Our Partners