Laurentian Bank of Canada Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Laurentian Bank of Canada in the last year. There are currently 1 sell rating and 4 hold ratings for the stock. The consensus among Wall Street equities 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.

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.
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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.

Laurentian Bank of Canada (TSE:LB) announced its quarterly earnings data on Wednesday, March, 3rd. The company reported $1.03 EPS for the quarter, beating the consensus estimate of $0.73 by $0.30. The company earned $247.37 million during the quarter, compared to the consensus estimate of $239.50 million.
View Laurentian Bank of Canada's earnings history.

Laurentian Bank of Canada's stock was trading at C$32.62 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, LB shares have increased by 23.8% and is now trading at C$40.38.
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Laurentian Bank of Canada declared a quarterly dividend on Wednesday, March 3rd. Investors of record on Thursday, April 1st will be paid a dividend of 0.40 per share on Saturday, May 1st. This represents a $1.60 annualized dividend and a yield of 3.96%. The ex-dividend date is Wednesday, March 31st.
View Laurentian Bank of Canada's dividend history.

Laurentian Bank of Canada pays an annual dividend of C$1.60 per share and currently has a dividend yield of 3.94%. The dividend payout ratio of Laurentian Bank of Canada is 60.33%. This payout ratio is at a healthy, sustainable level, below 75%.
View Laurentian Bank of Canada's dividend history.

5 brokerages have issued 1-year price objectives for Laurentian Bank of Canada's shares. Their forecasts range from C$26.50 to C$44.00. On average, they expect 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 8.0%.
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Some companies that are related to Laurentian Bank of Canada include Chargepoint (CHPT), Standard Life Aberdeen (SLA), Commerzbank (CBK), Element Fleet Management (EFN), loanDepot (LDI), Intermediate Capital Group (ICP), M&G (MNG), AIB Group (AIBG), F&C Investment Trust (FCIT), Octagonal Plc (OCT.L) (OCT), Jardine Lloyd Thompson Group (JLT), CI Financial (CIX), RIT Capital Partners (RCP), Brookfield Infrastructure (BIPC) and Monks Investment Trust (MNKS).
View all of LB's competitors.

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 (ATH), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW) and NIC (EGOV).

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

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.
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One share of LB stock can currently be purchased for approximately C$40.38.

Laurentian Bank of Canada has a market capitalization of C$1.75 billion and generates C$861.47 million in revenue each year.

Laurentian Bank of Canada employs 2,900 workers across the globe.

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

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