TSE:LB Laurentian Bank of Canada - LB Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. C$32.17 +0.14 (+0.44%) (As of 03/29/2023 12:00 AM ET) Add Compare Share Share Today's RangeC$32.00▼C$32.2750-Day RangeC$31.13▼C$35.7752-Week RangeC$28.23▼C$43.32Volume242,590 shsAverage Volume151,777 shsMarket CapitalizationC$1.40 billionP/E Ratio6.61Dividend Yield5.72%Price TargetC$40.64 ProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial Media Laurentian Bank of Canada MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside26.3% UpsideC$40.64 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider 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.2.29 out of 5 stars 3.0 Analyst's Opinion Consensus RatingLaurentian Bank of Canada has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 2 buy ratings, 3 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$40.64, Laurentian Bank of Canada has a forecasted upside of 26.3% from its current price of C$32.17.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 5.73%, 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 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for Laurentian Bank of Canada this week, compared to 1 article on an average week.Search Interest18 people have searched for LB on MarketBeat in the last 30 days. This is an increase of 38% 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 29.34% 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 6.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.24.Price to Earnings Ratio vs. SectorThe P/E ratio of Laurentian Bank of Canada is 6.61, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 139.23.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 HeadlinesMarch 23, 2023 | finance.yahoo.comRania Llewellyn, President and CEO of Laurentian Bank to speak at the 21st Annual National Bank Financial Services ConferenceMarch 22, 2023 | fool.ca2 Under-the-Radar Canadian Banks I’m Buying While the Buying Is This GoodMarch 29, 2023 | Stansberry Research (Ad)The gold catalyst we’ve waited forIf you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK. March 20, 2023 | msn.com2 Canadian Bank Stocks Unfairly Beat Up by SVB’s CollapseMarch 14, 2023 | finance.yahoo.comLaurentian Bank Releases its 2022 ESG ReportMarch 9, 2023 | finance.yahoo.comLaurentian Bank donating $100,000 to Windmill Microlending to support skilled immigrants and refugees in the province of QuebecMarch 7, 2023 | finance.yahoo.comLaurentian Bank Announces New Director Nominee and Files Management Proxy CircularMarch 4, 2023 | finance.yahoo.comLaurentian Bank of Canada (TSE:LB) Has Announced That It Will Be Increasing Its Dividend To CA$0.46March 29, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.February 28, 2023 | msn.comLaurentian Bank Q1 profit down, provisions for credit losses up from year agoFebruary 28, 2023 | theglobeandmail.comLaurentian Bank’s first-quarter profit down, provisions for credit losses up from year agoFebruary 28, 2023 | ca.finance.yahoo.comLaurentian Bank beats analyst expectations despite profit slipFebruary 25, 2023 | seekingalpha.comLRCDF Laurentian Bank of CanadaFebruary 22, 2023 | fool.caTFSA Investors: Invest Your Room ASAP With These 2 StocksFebruary 7, 2023 | finance.yahoo.comLaurentian Bank to Announce First Quarter 2023 Results on February 28, 2023January 30, 2023 | finance.yahoo.comCGI and Laurentian Bank of Canada extend business partnershipDecember 23, 2022 | ca.finance.yahoo.com2 Cheap Banking Stocks to Buy Now and Never SellDecember 11, 2022 | finance.yahoo.comLaurentian Bank of Canada Full Year 2022 Earnings: In Line With ExpectationsDecember 9, 2022 | finance.yahoo.comLaurentian Bank of Canada reports 2022 resultsDecember 9, 2022 | finance.yahoo.comLaurentian Bank of Canada Announces Increased Common Share DividendDecember 3, 2022 | msn.com2 Dividend Stocks to Buy Now Under $50November 21, 2022 | finance.yahoo.comLaurentian Bank to Announce Fourth Quarter 2022 Results on December 9, 2022October 12, 2022 | finance.yahoo.comThe five-year shareholder returns and company earnings persist lower as Laurentian Bank of Canada (TSE:LB) stock falls a further 6.4% in past weekSeptember 30, 2022 | baystreet.ca2 Regional Bank Stocks: Which is the Better Buy?September 6, 2022 | ca.finance.yahoo.comLaurentian Bank (TSX:LB): Why I’m Buying This Cheap Bank Stock on the DipAugust 31, 2022 | ca.finance.yahoo.comLaurentian Bank reports $55.9M Q3 profit, down from $62.1M a year earlierAugust 31, 2022 | theglobeandmail.comLaurentian Bank reports $55.9-million third-quarter profit as its provision for bad loans risesSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Company Calendar Ex-Dividend for 2/1 Dividend12/30/2022Dividend Payable2/01/2023Today3/29/2023Ex-Dividend for 5/1 Dividend3/31/2023Dividend Payable5/01/2023Next Earnings (Estimated)6/07/2023Get 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$40.64 High Stock Price ForecastC$55.00 Low Stock Price ForecastC$34.00 Forecasted Upside/Downside+26.8%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)C$4.87 Trailing P/E Ratio6.58 Forward P/E Ratio6.47 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 / Sales1.43 Cash FlowC$195.90 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.UTrisura GroupTSE:TSUSprottTSE:SIIHome Capital GroupTSE:HCGClairvest GroupTSE:CVGView 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? 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Laurentian Bank of Canada in the last year. There are currently 2 sell ratings, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research 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? 7 analysts have issued 1 year target prices for Laurentian Bank of Canada's shares. Their LB share price forecasts range from C$34.00 to C$55.00. On average, they predict the company's stock price to reach C$40.64 in the next year. This suggests a possible upside of 26.8% 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 at the beginning of the year. Since then, LB stock has decreased by 0.8% and is now trading at C$32.05. View the best growth stocks for 2023 here. When is Laurentian Bank of Canada's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 7th 2023. View our LB earnings forecast. 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 28th. Investors of record on Monday, April 3rd will be given a dividend of 0.46 per share on Monday, May 1st. This represents a $1.84 annualized dividend and a yield of 5.74%. The ex-dividend date 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 5.73%. 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$32.05. 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 3/29/2023 by MarketBeat.com Staff 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. 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