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

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C$41.36 -0.04 (-0.10 %)

(As of 03/21/2019 04:00 PM ET)

Previous CloseC$41.40

Today's RangeC$41.11 - C$41.58

52-Week RangeC$36.21 - C$49.94

Volume291,611 shs

Average Volume375,080 shs

Market CapitalizationC$1.74 billion

P/E Ratio9.04

Dividend Yield6.28%

BetaN/A

Laurentian Bank of Canada, together with its subsidiaries, provides banking services to individuals, small and medium-sized enterprises, and independent advisors in Canada and the United States. It operates through four segments: Retail Services, Business Services, B2B Bank, and Capital Markets. The company offers transactional products and current accounts, term deposits, and investment accounts; personal line of credit, personal loans, student loans, and registered retirement savings plans; financing for agriculture, real estate, and commercial industries, as well as small and medium-sized enterprises; mortgage solutions, such as variable-rate mortgage, fixed-rate mortgage, equity line of credit, mortgage insurance, and retirement line of credit; and credit and business cards, as well as equipment finance solutions. It also provides investment products, including fixed-rate investments, indexed investments, mutual funds, systematic savings plans, retirement projection plans, registered plans, bank securities, deposit-insurance, and power-of-attorneys; short-term and long-term investment solutions; and guaranteed investment certificates, as well as offers credit insurance products. In addition, the company offers leasing solutions, cash management and international services, and electronic banking services. Laurentian Bank of Canada was founded in 1846 and is headquartered in Montréal, Canada.

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Industry, Sector and Symbol

Stock Exchange TSE

Industry Banks - Regional - Canada

Sub-IndustryN/A

SectorFinancial Services

Current SymbolTSE:LB

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.laurentianbank.ca

Phone+1-514-2844500

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E Ratio9.04

Forward P/E Ratio8.41

P/E Growth1.74

Sales & Book Value

Annual SalesC$976.25 million

Price / Sales1.79

Cash FlowC$95.83 per share

Price / Cash Flow0.43

Book ValueC$53.72 per share

Price / Book0.77

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

EmployeesN/A

Outstanding Shares42,190,000

Market CapC$1.74 billion

Next Earnings Date6/7/2019 (Estimated)

OptionableOptionable

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

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

Laurentian Bank of Canada declared a quarterly dividend on Tuesday, February 26th. Investors of record on Monday, April 1st will be paid a dividend of 0.65 per share on Wednesday, May 1st. This represents a $2.60 annualized dividend and a yield of 6.29%. The ex-dividend date is Friday, March 29th. View Laurentian Bank of Canada's Dividend History.

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

Laurentian Bank of Canada is scheduled to release their next quarterly earnings announcement on Friday, June 7th 2019. View Earnings Estimates for Laurentian Bank of Canada.

What price target have analysts set for LB?

8 equities research analysts have issued 12-month price targets for Laurentian Bank of Canada's shares. Their forecasts range from C$36.00 to C$52.00. On average, they anticipate Laurentian Bank of Canada's stock price to reach C$44.20 in the next twelve months. This suggests a possible upside of 6.9% from the stock's current price. View Analyst Price Targets for Laurentian Bank of Canada.

What is the consensus analysts' recommendation for Laurentian Bank of Canada?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Laurentian Bank of Canada in the last year. There are currently 2 sell ratings and 6 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Laurentian Bank of Canada.

Has Laurentian Bank of Canada been receiving favorable news coverage?

News articles about LB stock have been trending very negative recently, InfoTrie reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Laurentian Bank of Canada earned a media sentiment score of -3.6 on InfoTrie's scale. They also assigned headlines 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 company's share price in the near term.

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

Some companies that are related to Laurentian Bank of Canada include JANUS/IDR UNRESTR (JHG), Standard Life Aberdeen (SLA), Magellan Financial Group (MFG), DWS Group & GmbH Co KgaA (DWS), Admiral Group (ADM), Old Mutual (OMU), Industrial Alliance Insur. & Fin. Ser. (IAG), Argo Investments (ARG), St. James's Place (STJ), RSA Insurance Group (RSA), Phoenix Group (PHNX), Challenger (CGF), CI Financial (CIX), Link Administration (LNK) and Jardine Lloyd Thompson Group (JLT).

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 Intact Financial (IFC), Constellation Software (CSU), Hawkins (HWKN), CA (CA), BlackRock (BLK), Endologix (ELGX), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), Athabasca Oil (ATH) and Chipotle Mexican Grill (CMG).

Who are Laurentian Bank of Canada's key executives?

Laurentian Bank of Canada's management team includes the folowing people:

Mr. François Desjardins, Pres, CEO & Director (Age 48)
Mr. François Laurin C.F.A., F.C.A., FCPA, FCA, CFA, CA, Exec. VP of Fin., Treasury, Capital Markets & CFO (Age 59)
Ms. Deborah Rose, COO & Exec. VP
Mr. Stéphane Therrien, Exec. VP of Personal & Commercial Banking
Mr. André Lopresti, Sr. VP & Chief Accountant

How do I buy shares of Laurentian Bank of Canada?

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.

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

One share of LB stock can currently be purchased for approximately C$41.36.

How big of a company is Laurentian Bank of Canada?

Laurentian Bank of Canada has a market capitalization of C$1.74 billion and generates C$976.25 million in revenue each year.

What is Laurentian Bank of Canada's official website?

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

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.

MarketBeat Community Rating for Laurentian Bank of Canada (TSE LB)

Community Ranking:		1.4 out of 5 ()
Outperform Votes:		234 (Vote Outperform)
Underperform Votes:		588 (Vote Underperform)
Total Votes:		822

MarketBeat's community ratings are surveys of what our community members think about Laurentian Bank of Canada and other stocks. Vote "Outperform" if you believe LB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LB will underperform the S&P 500 over the long term. You may vote once every thirty days.

This page was last updated on 3/21/2019 by MarketBeat.com Staff

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