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TSE:LBLaurentian Bank of Canada Stock Price, Forecast & News

C$28.33
+0.82 (+2.98 %)
(As of 07/13/2020 02:08 AM ET)
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Today's Range
C$27.44
Now: C$28.33▼
C$28.46
50-Day Range
C$28.22
MA: C$29.81▼
C$32.50
52-Week Range
C$26.83
Now: C$28.33▼
C$46.99
Volume279,734 shs
Average Volume358,644 shs
Market CapitalizationC$1.22 billion
P/E Ratio10.32
Dividend Yield5.82%
BetaN/A
Laurentian Bank of Canada, together with its subsidiaries, provides banking services to individuals, small and medium-sized enterprises, and independent advisors in Canada and the United States. It operates through four segments: Retail Services, Business Services, B2B Bank, and Capital Markets. The company offers transactional products and current accounts, term deposits, and investment accounts; personal line of credit, personal loans, student loans, and registered retirement savings plans; financing for agriculture, real estate, and commercial industries, as well as small and medium-sized enterprises; mortgage solutions, such as variable-rate mortgage, fixed-rate mortgage, equity line of credit, mortgage insurance, and retirement line of credit; and credit and business cards, as well as equipment finance solutions. It also provides investment products, including fixed-rate investments, indexed investments, mutual funds, systematic savings plans, retirement projection plans, registered plans, bank securities, deposit-insurance, and power-of-attorneys; short-term and long-term investment solutions; and guaranteed investment certificates, as well as offers credit insurance products. In addition, the company offers leasing solutions, cash management and international services, and electronic banking services. Laurentian Bank of Canada was founded in 1846 and is headquartered in Montréal, Canada.
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Laurentian Bank of Canada logo

Beat the Market (BTM) Rank™

Analyst Opinion: 1.8Community Rank: 1.5Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank™

1.38 out of 5 stars


Industry, Sector and Symbol

Stock Exchange TSE
Industry Banks - Regional - Canada
Sub-IndustryN/A
SectorFinancial Services
Current SymbolTSE:LB
Previous Symbol
CUSIPN/A
CIKN/A
Webwww.laurentianbank.ca
Phone+1-514-2844500

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E Ratio10.32
Forward P/E Ratio11.07
P/E Growth2.64

Sales & Book Value

Annual SalesC$870.65 million
Price / Sales1.40
Cash FlowC$177.73 per share
Price / Cash Flow0.16
Book ValueC$54.27 per share
Price / Book0.52

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

Employees3,559
Outstanding Shares42,940,000
Market CapC$1.22 billion
Next Earnings Date9/3/2020 (Estimated)
OptionableOptionable
TSX:LB Rates by TradingView

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

How has Laurentian Bank of Canada's stock been impacted by COVID-19 (Coronavirus)?

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 (WHO). Since then, LB shares have decreased by 13.2% and is now trading at C$28.33. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Laurentian Bank of Canada?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Laurentian Bank of Canada in the last year. There are currently 2 sell ratings and 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Laurentian Bank of Canada.

When is Laurentian Bank of Canada's next earnings date?

Laurentian Bank of Canada is scheduled to release its next quarterly earnings announcement on Thursday, September 3rd 2020. View our earnings forecast for Laurentian Bank of Canada.

How were Laurentian Bank of Canada's earnings last quarter?

Laurentian Bank of Canada (TSE:LB) announced its earnings results on Friday, May, 29th. The company reported $0.20 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.37 by $0.17. The company earned $240.15 million during the quarter, compared to analyst estimates of $239.60 million. View Laurentian Bank of Canada's earnings history.

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, June 30th. Stockholders of record on Saturday, August 1st will be given a dividend of 0.40 per share on Saturday, August 1st. This represents a $1.60 annualized dividend and a yield of 5.65%. The ex-dividend date of this dividend is Tuesday, June 30th. View Laurentian Bank of Canada's dividend history.

What price target have analysts set for LB?

6 brokerages have issued 12 month price objectives for Laurentian Bank of Canada's stock. Their forecasts range from C$22.00 to C$46.00. On average, they anticipate Laurentian Bank of Canada's stock price to reach C$32.65 in the next year. This suggests a possible upside of 15.2% from the stock's current price. View analysts' price targets for Laurentian Bank of Canada.

Has Laurentian Bank of Canada been receiving favorable news coverage?

Press coverage about LB stock has been trending very negative on Monday, according to InfoTrie Sentiment. The research firm ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Laurentian Bank of Canada earned a media sentiment score of -3.2 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news about Laurentian Bank of Canada.

Who are some of Laurentian Bank of Canada's key competitors?

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).

Who are Laurentian Bank of Canada's key executives?

Laurentian Bank of Canada's management team includes the following people:
  • Mr. François Desjardins, Pres, CEO & Director (Age 48)
  • Mr. François Laurin C.F.A., F.C.A., FCPA, FCA, CFA, CA, Exec. VP of Fin., Treasury, Capital Markets & CFO (Age 59)
  • Ms. Deborah Rose, Exec. VP, COO & Chief Information Officer
  • Mr. Stéphane Therrien, Exec. VP of Personal & Commercial Banking
  • Mr. André Lopresti, Sr. VP & Chief Accountant

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 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.

What is Laurentian Bank of Canada's stock price today?

One share of LB stock can currently be purchased for approximately C$28.33.

How big of a company is Laurentian Bank of Canada?

Laurentian Bank of Canada has a market capitalization of C$1.22 billion and generates C$870.65 million in revenue each year. Laurentian Bank of Canada employs 3,559 workers across the globe.

What is Laurentian Bank of Canada's official website?

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

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 company can be reached via phone at +1-514-2844500.

This page was last updated on 7/13/2020 by MarketBeat.com Staff
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