TSE:LB Laurentian Bank of Canada (LB) Stock Forecast, Price & News C$32.18 +0.24 (+0.75%) (As of 01:45 PM ET) Add Compare Share Share Today's RangeC$31.84▼C$32.7350-Day RangeC$30.18▼C$32.3952-Week RangeC$28.23▼C$43.32Volume98,546 shsAverage Volume145,891 shsMarket CapitalizationC$1.40 billionP/E Ratio6.61Dividend Yield5.72%Price TargetC$39.55 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial Media Laurentian Bank of Canada MarketRank™ ForecastAnalyst RatingHold2.17 Rating ScoreUpside/Downside23.9% UpsideC$39.55 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment-0.26Based on 8 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.00 out of 5 stars 2.1 Analyst's Opinion Consensus RatingLaurentian Bank of Canada has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 2 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of C$39.55, Laurentian Bank of Canada has a forecasted upside of 23.9% from its current price of C$31.91.Amount of Analyst CoverageLaurentian Bank of Canada has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for LB. Previous Next 2.5 Dividend Strength Dividend LeadershipLaurentian Bank of Canada is a leading dividend payer. It pays a dividend yield of 6.10%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthLaurentian Bank of Canada does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Laurentian Bank of Canada is 37.78%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for LB. Previous Next 1.0 News and Social Media Coverage News SentimentLaurentian Bank of Canada has a news sentiment score of -0.26. 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 0.56 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Laurentian Bank of Canada this week, compared to 2 articles on an average week.Search InterestOnly 3 people have searched for LB on MarketBeat in the last 30 days. This is a decrease of -81% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Laurentian Bank of Canada insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.12% of the stock of Laurentian Bank of Canada is held by insiders.Percentage Held by InstitutionsOnly 29.81% of the stock of Laurentian Bank of Canada is held by institutions. Previous Next 3.1 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Laurentian Bank of Canada is 6.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.90.Price to Earnings Ratio vs. SectorThe P/E ratio of Laurentian Bank of Canada is 6.55, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 156.35.Price to Earnings Growth RatioLaurentian Bank of Canada has a PEG Ratio of 0.76. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioLaurentian Bank of Canada has a P/B Ratio of 0.52. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Laurentian Bank of Canada (TSE:LB) StockLaurentian Bank of Canada, together with its subsidiaries, provides various financial services to personal, business, and institutional customers in Canada and the United States. It operates through three segments: Personal Banking, Commercial Banking, and Capital Markets. The Personal Banking segment offers financial services, such as financial advisory services to financial intermediaries; and operates digital direct-to-customer platform to retail clients. The Commercial Banking segment provides financial services, including commercial banking, real estate financing, and equipment and inventory financing to business clients. The Capital Markets segment offers a range of services, such as research, market analysis, and advisory services; corporate underwriting services for debt and equity; and administrative services. The company was founded in 1846 and is headquartered in Montreal, Canada.Read More Receive LB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Laurentian Bank of Canada and its competitors with MarketBeat's FREE daily newsletter. Email Address LB Stock News HeadlinesJune 1, 2023 | baystreet.caFormer Quebec Finance Minister Carlos Leitão Joins Bank of CanadaJune 1, 2023 | americanbankingnews.comAnalysts Set Laurentian Bank of Canada (TSE:LB) Price Target at C$39.55June 2, 2023 | Edge On The Street (Ad)The Real Problem With "Made in America" LithiumPoliticians love to say they support "Made in America" when it comes to manufacturing. But when it comes to lithium - the metal fueling our transition to electric vehicles - it's not that simple. May 31, 2023 | ca.finance.yahoo.com1 Bank to Invest in and 1 to Sidestep in June 2023May 31, 2023 | finance.yahoo.com/R E P E A T -- Laurentian Bank to Announce Second Quarter 2023 Results on June 1, 2023/May 31, 2023 | americanbankingnews.comLaurentian Bank of Canada (LB) Set to Announce Quarterly Earnings on ThursdayMay 27, 2023 | finance.yahoo.comLaurentian Bank of Canada (TSE:LB) investors are sitting on a loss of 15% if they invested five years agoMay 24, 2023 | americanbankingnews.comBrokers Issue Forecasts for Laurentian Bank of Canada's Q2 2023 Earnings (TSE:LB)June 2, 2023 | Edge On The Street (Ad)The Real Problem With "Made in America" LithiumPoliticians love to say they support "Made in America" when it comes to manufacturing. But when it comes to lithium - the metal fueling our transition to electric vehicles - it's not that simple. May 24, 2023 | americanbankingnews.comAnalysts Offer Predictions for Laurentian Bank of Canada's Q3 2023 Earnings (TSE:LB)May 21, 2023 | americanbankingnews.comNational Bankshares Cuts Laurentian Bank of Canada (TSE:LB) Price Target to C$39.00May 20, 2023 | americanbankingnews.comLaurentian Bank of Canada (TSE:LB) Price Target Cut to C$32.00 by Analysts at CSFBMay 19, 2023 | americanbankingnews.comLaurentian Bank of Canada to Post Q2 2023 Earnings of $1.22 Per Share, National Bank Financial Forecasts (TSE:LB)May 19, 2023 | americanbankingnews.comLaurentian Bank of Canada (TSE:LB) Price Target Lowered to C$37.00 at CIBCMay 12, 2023 | theglobeandmail.comClosing Bell: Laurentian Bank of Cda Pr Ser 13 up on Thursday (LB-PR-H)May 12, 2023 | americanbankingnews.comDesjardins Weighs in on Laurentian Bank of Canada's Q2 2023 Earnings (TSE:LB)May 11, 2023 | americanbankingnews.comLaurentian Bank of Canada (TSE:LB) PT Lowered to C$34.00May 7, 2023 | americanbankingnews.comLaurentian Bank of Canada (TSE:LB) Receives Average Recommendation of "Hold" from AnalystsMay 6, 2023 | theglobeandmail.comClosing Bell: Laurentian Bank of Cda Pr Ser 13 down on Friday (LB-PR-H)May 3, 2023 | theglobeandmail.comClosing Bell: Laurentian Bank of Cda Pr Ser 13 up on Tuesday (LB-PR-H)May 2, 2023 | theglobeandmail.comClosing Bell: Laurentian Bank of Cda Pr Ser 13 down on Monday (LB-PR-H)May 2, 2023 | theglobeandmail.comClosing Bell: Laurentian Bank up on Monday (LB)April 29, 2023 | theglobeandmail.comClosing Bell: Laurentian Bank of Cda Pr Ser 13 up on Friday (LB-PR-H)April 26, 2023 | theglobeandmail.comClosing Bell: Laurentian Bank up on Tuesday (LB)April 20, 2023 | theglobeandmail.comClosing Bell: Laurentian Bank of Cda Pr Ser 13 up on Wednesday (LB-PR-H)April 20, 2023 | theglobeandmail.comClosing Bell: Laurentian Bank up on Wednesday (LB)April 18, 2023 | theglobeandmail.comClosing Bell: Laurentian Bank down on Tuesday (LB)See More Headlines LB Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LB Company Calendar Ex-Dividend for 5/1 Dividend3/31/2023Dividend Payable5/01/2023Today6/02/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Banks - Regional - Canada Sub-IndustryN/A SectorFinance Current SymbolTSE:LB CUSIPN/A CIKN/A Webwww.laurentianbank.ca Phone+1-514-2844500FaxN/AEmployees2,900Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$39.55 High Stock Price ForecastC$55.00 Low Stock Price ForecastC$32.00 Forecasted Upside/Downside+23.8%Consensus RatingHold Rating Score (0-4)2.17 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)C$4.87 Trailing P/E Ratio6.56 Forward P/E Ratio6.75 P/E Growth0.76Net IncomeC$211.20 million Net Margins22.90% Pretax MarginN/A Return on Equity8.15% Return on Assets0.46% Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual SalesC$973.85 million Price / Sales1.42 Cash FlowC$195.23 per share Price / Cash Flow0.16 Book ValueC$61.90 per share Price / Book0.52Miscellaneous Outstanding Shares43,410,000Free FloatN/AMarket CapC$1.39 billion OptionableOptionable Beta1.15 Key ExecutivesMs. Rania Llewellyn (Age 45)Pres, CEO & Director Comp: $2.32MMr. Yvan Deschamps CPACGA, Exec. VP & CFOMr. Yves DenommeExec. VP of OperationsMr. William MasonExec. VP & Chief Risk OfficerMr. Kelsey Gunderson B.Sc.M.B.A., Exec. VP of Capital MarketsMr. André LoprestiSr. VP & Chief AccountantMs. Susan CohenDirector of Investor RelationsMs. Bindu CudjoeChief Legal Officer & Corp. Sec.Merick SeguinSr. Mang. of Media RelationsMr. Sebastien BelairExec. VP & Chief HR OfficerMore ExecutivesKey CompetitorsFairfax IndiaTSE:FIH.UClairvest GroupTSE:CVGUnited Co.sTSE:UNCSprottTSE:SIITrisura GroupTSE:TSUView All CompetitorsInsidersNicholas ZelenczukBought 1,000 shares on 9/13/2022Total: C$33,789.50 ($33.79/share)View All Insider Transactions LB Stock - Frequently Asked Questions Should I buy or sell Laurentian Bank of Canada stock right now? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Laurentian Bank of Canada in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" LB shares. 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 LB analyst ratings or view top-rated stocks. What is Laurentian Bank of Canada's stock price forecast for 2023? 6 Wall Street research analysts have issued 1 year price targets for Laurentian Bank of Canada's stock. Their LB share price forecasts range from C$32.00 to C$55.00. On average, they predict the company's stock price to reach C$39.55 in the next twelve months. This suggests a possible upside of 23.8% from the stock's current price. View analysts price targets for LB or view top-rated stocks among Wall Street analysts. How have LB shares performed in 2023? Laurentian Bank of Canada's stock was trading at C$32.30 on January 1st, 2023. Since then, LB stock has decreased by 1.1% and is now trading at C$31.94. View the best growth stocks for 2023 here. 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 Friday, March 31st. Stockholders of record on Monday, May 1st will be paid a dividend of 0.46 per share on Monday, May 1st. This represents a $1.84 annualized dividend and a dividend yield of 5.76%. The ex-dividend date of this dividend is Friday, March 31st. Read our dividend analysis for LB. Is Laurentian Bank of Canada a good dividend stock? Laurentian Bank of Canada (TSE:LB) pays an annual dividend of C$1.84 per share and currently has a dividend yield of 6.10%. LB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 37.78%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for LB. 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 (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 stock 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$31.94. How much money does Laurentian Bank of Canada make? Laurentian Bank of Canada (TSE:LB) has a market capitalization of C$1.39 billion and generates C$973.85 million in revenue each year. The company earns C$211.20 million in net income (profit) each year or C$4.87 on an earnings per share basis. How many employees does Laurentian Bank of Canada have? The company employs 2,900 workers across the globe. 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 official website for the company is www.laurentianbank.ca. The company can be reached via phone at +1-514-2844500. This page (TSE:LB) was last updated on 6/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Laurentian Bank of Canada Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.