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DOW   31,496.30
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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
pixel
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
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TSE:LB

Laurentian Bank of Canada Stock Forecast, Price & News

C$40.12
+0.10 (+0.25 %)
(As of 03/5/2021 12:00 AM ET)
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Today's Range
C$39.93
Now: C$40.12
C$40.37
50-Day Range
C$30.90
MA: C$32.73
C$40.15
52-Week Range
C$25.74
Now: C$40.12
C$40.45
Volume360,864 shs
Average Volume271,470 shs
Market CapitalizationC$1.74 billion
P/E Ratio16.94
Dividend Yield4.00%
BetaN/A
Laurentian Bank of Canada, together with its subsidiaries, provides various financial services to individuals, business, and institutional customers in Canada and the United States. It operates through Personal, Business Services, and Institutional segments. The company offers notice, demand, and term deposits; commercial, residential mortgage, and personal loans; equipment and inventory, and real estate financing; and credit life and disability insurance products. It also provides investment securities; research, market analysis, and advisory services; corporate underwriting services for debt and equity; administrative and foreign exchange; and trustee services. It sells its products through the bank's financial clinics, advisors, broker channels, and digital platforms. Laurentian Bank of Canada was founded in 1846 and is headquartered in Montréal, Canada.
Laurentian Bank of Canada logo

Headlines

CANADA STOCKS - TSX falls 0.4% to 18,347.23
March 4, 2021 |  nasdaq.com
Laurentian Bank Acknowledges CIRB Decision
February 9, 2021 |  finance.yahoo.com
Laurentian Bank Financial Group reports 2020 results
December 4, 2020 |  finance.yahoo.com
Morning News Call - Canada, September 4
September 4, 2020 |  finance.yahoo.com
CANADA STOCKS-TSX gains on positive monthly jobs data
September 4, 2020 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry Banks - Regional - Canada
Sub-IndustryN/A
CUSIPN/A
CIKN/A
Phone+1-514-2844500
Employees2,939
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$854.71 million
Cash FlowC$180.97 per share
Book ValueC$54.75 per share

Profitability

Miscellaneous

Market CapC$1.74 billion
Next Earnings Date6/4/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

1.17 out of 5 stars

Analyst Opinion: 0.8Community Rank: 1.5Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -
C$40.12
+0.10 (+0.25 %)
(As of 03/5/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Laurentian Bank of Canada (TSE:LB) Frequently Asked Questions

Is Laurentian Bank of Canada a buy right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Laurentian Bank of Canada in the last twelve months. There are currently 2 sell ratings and 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Laurentian Bank of Canada stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LB, but not buy additional shares or sell existing shares.
View analyst ratings for Laurentian Bank of Canada
or view top-rated stocks.

What stocks does MarketBeat like better than Laurentian Bank of Canada?

Wall Street analysts have given Laurentian Bank of Canada a "Hold" 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 Laurentian Bank of Canada wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Laurentian Bank of Canada's next earnings date?

Laurentian Bank of Canada is scheduled to release its next quarterly earnings announcement on Friday, June 4th 2021.
View our earnings forecast for Laurentian Bank of Canada
.

How has Laurentian Bank of Canada's stock price been impacted by Coronavirus (COVID-19)?

Laurentian Bank of Canada's stock was trading at C$32.62 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, LB shares have increased by 23.0% and is now trading at C$40.12.
View which stocks have been most impacted by COVID-19
.

How often does Laurentian Bank of Canada pay dividends? What is the dividend yield for Laurentian Bank of Canada?

Laurentian Bank of Canada announced a quarterly dividend on Wednesday, March 3rd. Investors of record on Thursday, April 1st will be given a dividend of 0.40 per share on Saturday, May 1st. This represents a $1.60 dividend on an annualized basis and a yield of 3.99%. The ex-dividend date is Wednesday, March 31st.
View Laurentian Bank of Canada's dividend history
.

Is Laurentian Bank of Canada a good dividend stock?

Laurentian Bank of Canada pays an annual dividend of C$1.87 per share and currently has a dividend yield of 4.00%. LB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Laurentian Bank of Canada is 78.97%. Payout ratios above 75% are not desirable because they may not be sustainable.
View Laurentian Bank of Canada's dividend history.

What price target have analysts set for LB?

5 brokerages have issued 1-year target prices for Laurentian Bank of Canada's shares. Their forecasts range from C$26.50 to C$44.00. On average, they anticipate Laurentian Bank of Canada's share price to reach C$37.17 in the next twelve months. This suggests that the stock has a possible downside of 7.4%.
View analysts' price targets for Laurentian Bank of Canada
or view top-rated stocks among Wall Street analysts.

Who are Laurentian Bank of Canada's key executives?

Laurentian Bank of Canada's management team includes the following people:
  • Mr. Francois Laurin C.F.A., F.C.A., FCPA, FCA, CFA, CA, Exec. VP of Fin., Treasury & CFO (Age 61, Pay $651.1k)
  • Mr. William Mason, Exec. VP & Chief Risk Officer
  • Ms. Rania Llewellyn, Pres, CEO & Director
  • Mr. André Lopresti, Sr. VP & Chief Accountant
  • Ms. Susan Cohen, Director of Investor Relations
  • Emmanuela Fleurandin, Sr. Legal Counsel & Assistant Sec.
  • Helene Soulard, Assistant VP of Communications
  • Mr. Sebastien Belair, Exec. VP & Chief HR Officer
  • Mr. Rick C. Lane, SVP of Real Estate Financing and VP of Real Estate Financing - Ontario & Western Canada
  • Mr. Claude Jobin, Chief Accountant & VP of Commercial Credit

Who are some of Laurentian Bank of Canada's key competitors?

What other stocks do shareholders of Laurentian Bank of Canada own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Laurentian Bank of Canada investors own include CA (CA), Hawkins (HWKN), BlackRock (BLK), Endologix (ELGX), Intact Financial (IFC), Constellation Software (CSU), Athabasca Oil Co. (ATH.TO) (ATH), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW) and NIC (EGOV).

What is Laurentian Bank of Canada's stock symbol?

Laurentian Bank of Canada trades on the Toronto Stock Exchange (TSX) under the ticker symbol "LB."

How do I buy shares of Laurentian Bank of Canada?

Shares of LB and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Laurentian Bank of Canada's stock price today?

One share of LB stock can currently be purchased for approximately C$40.12.

How much money does Laurentian Bank of Canada make?

Laurentian Bank of Canada has a market capitalization of C$1.74 billion and generates C$854.71 million in revenue each year.

How many employees does Laurentian Bank of Canada have?

Laurentian Bank of Canada employs 2,939 workers across the globe.

What is Laurentian Bank of Canada's official website?

The official website for Laurentian Bank of Canada is www.laurentianbank.ca.

Where are Laurentian Bank of Canada's headquarters?

Laurentian Bank of Canada is headquartered at Tour Banque Laurentienne 1420-1981 McGill College Ave, MONTREAL, QC H3A 3K3, Canada.

How can I contact Laurentian Bank of Canada?

Laurentian Bank of Canada's mailing address is Tour Banque Laurentienne 1420-1981 McGill College Ave, MONTREAL, QC H3A 3K3, Canada. The company can be reached via phone at +1-514-2844500.


This page was last updated on 3/6/2021 by MarketBeat.com Staff

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