TSE:LB - Laurentian Bank of Canada Stock Price, News, & Analysis

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

Laurentian Bank of Canada declared a quarterly dividend on Monday, December 31st. Investors of record on Friday, February 1st will be given a dividend of 0.65 per share on Friday, February 1st. This represents a $2.60 annualized dividend and a yield of 5.90%. The ex-dividend date is Monday, December 31st. This is a positive change from Laurentian Bank of Canada's previous quarterly dividend of $0.64. View Laurentian Bank of Canada's Dividend History.

Laurentian Bank of Canada (TSE:LB) released its earnings results on Wednesday, December, 5th. The company reported $1.22 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.28 by $0.06. The business earned $255.86 million during the quarter, compared to analysts' expectations of $264.80 million. View Laurentian Bank of Canada's Earnings History.

Laurentian Bank of Canada is scheduled to release their next quarterly earnings announcement on Wednesday, February 27th 2019. View Earnings Estimates for Laurentian Bank of Canada.

7 equities research analysts have issued 12 month target prices for Laurentian Bank of Canada's stock. Their forecasts range from C$40.00 to C$52.00. On average, they anticipate Laurentian Bank of Canada's share price to reach C$45.80 in the next twelve months. This suggests a possible upside of 4.0% from the stock's current price. View Analyst Price Targets for Laurentian Bank of Canada.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Laurentian Bank of Canada in the last year. There are currently 1 sell rating, 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Laurentian Bank of Canada.

News articles about LB stock have been trending very positive this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Laurentian Bank of Canada earned a media sentiment score of 3.3 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near future.

Some companies that are related to Laurentian Bank of Canada include Scottish Mortgage Investment Trust (SMT), Australian Foundation Investment Co.Ltd. (AFI), JANUS/IDR UNRESTR (JHG), Standard Life Aberdeen (SLA), Admiral Group (ADM), Magellan Financial Group (MFG), Argo Investments (ARG), RSA Insurance Group (RSA), Industrial Alliance Insur. & Fin. Ser. (IAG), St. James's Place (STJ), CI Financial (CIX), Challenger (CGF), Link Administration (LNK), Element Fleet Management (EFN) and CYBG PLC/IDR UNRESTR (CYB).

Shares of LB and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

One share of LB stock can currently be purchased for approximately C$44.04.

Laurentian Bank of Canada has a market capitalization of C$1.85 billion and generates C$999.41 million in revenue each year. Laurentian Bank of Canada employs 3,600 workers across the globe.

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

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.