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. Stockholders of record on Friday, February 1st will be paid a dividend of 0.65 per share on Friday, February 1st. This represents a $2.60 annualized dividend and a dividend yield of 5.86%. The ex-dividend date is Monday, December 31st. This is a boost 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) posted its earnings results on Wednesday, December, 5th. The company reported $1.22 earnings per share for the quarter, missing analysts' consensus estimates of $1.28 by $0.06. The company had revenue of $255.86 million for 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 1 year target prices for Laurentian Bank of Canada's stock. Their forecasts range from C$40.00 to C$52.00. On average, they expect Laurentian Bank of Canada's stock price to reach C$45.80 in the next year. This suggests a possible upside of 3.2% 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 stories about LB stock have been trending somewhat positive this week, InfoTrie reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded 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 coverage optimism score of 0.9 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate 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), RSA Insurance Group (RSA), Argo Investments (ARG), 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$44.40.

Laurentian Bank of Canada has a market capitalization of C$1.87 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.