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S&P 500   3,750.77
DOW   30,303.17
QQQ   319.43
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S&P 500   3,750.77
DOW   30,303.17
QQQ   319.43
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S&P 500   3,750.77
DOW   30,303.17
QQQ   319.43
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TSE:LB

Laurentian Bank of Canada (LB.TO) Stock Forecast, Price & News

C$31.14
-0.26 (-0.83 %)
(As of 01/27/2021 12:00 AM ET)
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Today's Range
C$31.03
Now: C$31.14
C$31.33
50-Day Range
C$30.75
MA: C$31.91
C$33.22
52-Week Range
C$25.74
Now: C$31.14
C$44.23
Volume138,825 shs
Average Volume183,616 shs
Market CapitalizationC$1.35 billion
P/E Ratio13.15
Dividend Yield5.10%
BetaN/A
Laurentian Bank of Canada, together with its subsidiaries, provides various financial services to individuals, business, and institutional customers in Canada and the United States. It operates through Personal, Business Services, and Institutional segments. The company offers notice, demand, and term deposits; commercial, residential mortgage, and personal loans; equipment and inventory, and real estate financing; and credit life and disability insurance products. It also provides investment securities; research, market analysis, and advisory services; corporate underwriting services for debt and equity; administrative and foreign exchange; and trustee services. It sells its products through the bank's financial clinics, advisors, broker channels, and digital platforms. Laurentian Bank of Canada was founded in 1846 and is headquartered in Montréal, Canada.
Laurentian Bank of Canada (LB.TO) logo

MarketRank

Overall MarketRank

1.16 out of 5 stars

Analyst Opinion: 0.8Community Rank: 1.5Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Banks - Regional - Canada
Sub-IndustryN/A
CUSIPN/A
CIKN/A
Phone+1-514-2844500
Employees2,939
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$854.71 million
Cash FlowC$154.46 per share
Book ValueC$54.75 per share

Profitability

Miscellaneous

Market CapC$1.35 billion
Next Earnings Date2/26/2021 (Estimated)
OptionableOptionable
C$31.14
-0.26 (-0.83 %)
(As of 01/27/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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

How has Laurentian Bank of Canada (LB.TO)'s stock price been impacted by Coronavirus?

Laurentian Bank of Canada (LB.TO)'s stock was trading at C$32.62 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, LB stock has decreased by 4.5% and is now trading at C$31.14.
View which stocks have been most impacted by COVID-19
.

Is Laurentian Bank of Canada (LB.TO) a buy right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Laurentian Bank of Canada (LB.TO) in the last twelve months. There are currently 3 sell ratings and 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Laurentian Bank of Canada (LB.TO) 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 (LB.TO)
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Laurentian Bank of Canada (LB.TO)?

Wall Street analysts have given Laurentian Bank of Canada (LB.TO) 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 (LB.TO) wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Laurentian Bank of Canada (LB.TO)'s next earnings date?

Laurentian Bank of Canada (LB.TO) is scheduled to release its next quarterly earnings announcement on Friday, February 26th 2021.
View our earnings forecast for Laurentian Bank of Canada (LB.TO)
.

How were Laurentian Bank of Canada (LB.TO)'s earnings last quarter?

Laurentian Bank of Canada (LB.TO) (TSE:LB) announced its quarterly earnings data on Friday, December, 4th. The company reported $0.91 EPS for the quarter, beating analysts' consensus estimates of $0.75 by $0.16. The business had revenue of $243.54 million for the quarter, compared to analyst estimates of $241 million.
View Laurentian Bank of Canada (LB.TO)'s earnings history
.

How often does Laurentian Bank of Canada (LB.TO) pay dividends? What is the dividend yield for Laurentian Bank of Canada (LB.TO)?

Laurentian Bank of Canada (LB.TO) announced a quarterly dividend on Thursday, December 31st. Stockholders of record on Monday, February 1st will be given a dividend of 0.40 per share on Monday, February 1st. This represents a $1.60 annualized dividend and a yield of 5.14%. The ex-dividend date is Thursday, December 31st.
View Laurentian Bank of Canada (LB.TO)'s dividend history
.

Is Laurentian Bank of Canada (LB.TO) a good dividend stock?

Laurentian Bank of Canada (LB.TO) pays an annual dividend of C$2.14 per share and currently has a dividend yield of 5.10%. LB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Laurentian Bank of Canada (LB.TO) is 90.37%. Payout ratios above 75% are not desirable because they may not be sustainable.
View Laurentian Bank of Canada (LB.TO)'s dividend history.

What price target have analysts set for LB?

6 Wall Street analysts have issued 1 year price targets for Laurentian Bank of Canada (LB.TO)'s shares. Their forecasts range from C$26.50 to C$35.00. On average, they expect Laurentian Bank of Canada (LB.TO)'s stock price to reach C$31.28 in the next twelve months. This suggests a possible upside of 0.4% from the stock's current price.
View analysts' price targets for Laurentian Bank of Canada (LB.TO)
or view Wall Street analyst' top-rated stocks.

Who are some of Laurentian Bank of Canada (LB.TO)'s key competitors?

What other stocks do shareholders of Laurentian Bank of Canada (LB.TO) own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Laurentian Bank of Canada (LB.TO) investors own include CA (CA), Hawkins (HWKN), BlackRock (BLK), Endologix (ELGX), Intact Financial Co. (IFC.TO) (IFC), Constellation Software Inc. (CSU.TO) (CSU), Athabasca Oil Co. (ATH.TO) (ATH), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW) and NIC (EGOV).

Who are Laurentian Bank of Canada (LB.TO)'s key executives?

Laurentian Bank of Canada (LB.TO)'s management team includes the following people:
  • Mr. Francois Laurin C.F.A., F.C.A., FCPA, FCA, CFA, CA, Exec. VP of Fin., Treasury & CFO (Age 61, Pay $651.1k)
  • Ms. Deborah Rose, Exec. VP, COO & Chief Information Officer
  • Mr. William Mason, Exec. VP & Chief Risk Officer
  • Ms. Rania Llewellyn, Pres, CEO & Director
  • Mr. André Lopresti, Sr. VP & Chief Accountant
  • Ms. Susan Cohen, Director of Investor Relations
  • Emmanuela Fleurandin, Sr. Legal Counsel & Assistant Sec.
  • Helene Soulard, Assistant VP of Communications
  • Mr. Rick C. Lane, SVP of Real Estate Financing and VP of Real Estate Financing - Ontario & Western Canada
  • Mr. Claude Jobin, Chief Accountant & VP of Commercial Credit

What is Laurentian Bank of Canada (LB.TO)'s stock symbol?

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

How do I buy shares of Laurentian Bank of Canada (LB.TO)?

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.

What is Laurentian Bank of Canada (LB.TO)'s stock price today?

One share of LB stock can currently be purchased for approximately C$31.14.

How big of a company is Laurentian Bank of Canada (LB.TO)?

Laurentian Bank of Canada (LB.TO) has a market capitalization of C$1.35 billion and generates C$854.71 million in revenue each year. Laurentian Bank of Canada (LB.TO) employs 2,939 workers across the globe.

What is Laurentian Bank of Canada (LB.TO)'s official website?

The official website for Laurentian Bank of Canada (LB.TO) is www.laurentianbank.ca.

How can I contact Laurentian Bank of Canada (LB.TO)?

Laurentian Bank of Canada (LB.TO)'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.

This page was last updated on 1/28/2021 by MarketBeat.com Staff

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