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

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

Is Laurentian Bank of Canada a buy right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Laurentian Bank of Canada in the last year. There are currently 3 sell ratings, 7 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Laurentian Bank of Canada 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 or view top-rated stocks.

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

Laurentian Bank of Canada is scheduled to release its next quarterly earnings announcement on Wednesday, June 1st 2022.
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) posted its quarterly earnings results on Wednesday, March, 2nd. The company reported $1.26 EPS for the quarter, topping analysts' consensus estimates of $1.22 by $0.04. The business had revenue of $257.54 million for the quarter, compared to analyst estimates of $254.10 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 announced a quarterly dividend on Tuesday, March 1st. Stockholders of record on Friday, April 1st will be given a dividend of 0.44 per share on Sunday, May 1st. This represents a $1.76 annualized dividend and a yield of 4.75%. The ex-dividend date of this dividend is Thursday, March 31st.
View Laurentian Bank of Canada's dividend history.

Is Laurentian Bank of Canada a good dividend stock?

Laurentian Bank of Canada pays an annual dividend of C$1.64 per share and currently has a dividend yield of 4.68%. 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 is 131.94%. Payout ratios above 75% are not desirable because they may not be sustainable.
View Laurentian Bank of Canada's dividend history.

What price target have analysts set for LB?

11 Wall Street analysts have issued 12 month price objectives for Laurentian Bank of Canada's stock. Their forecasts range from C$39.00 to C$52.00. On average, they anticipate Laurentian Bank of Canada's stock price to reach C$45.00 in the next year. This suggests a possible upside of 21.5% from the stock's current price.
View analysts' price targets for Laurentian Bank of Canada or view top-rated stocks among Wall Street analysts.

Who are Laurentian Bank of Canada's key executives?

Laurentian Bank of Canada's management team includes the following people:

• Ms. Rania Llewellyn, Pres, CEO & Director (Age 45, Pay $2.32M)
• Mr. Yvan Deschamps CPA, CGA, Exec. VP & CFO
• Mr. Yves Denomme, Exec. VP of Operations
• Mr. William Mason, Exec. VP & Chief Risk Officer
• Mr. Kelsey Gunderson B.Sc., M.B.A., Exec. VP of Capital Markets
• Mr. André Lopresti, Sr. VP & Chief Accountant
• Ms. Susan Cohen, Director of Investor Relations
• Ms. Bindu Cudjoe, Chief Legal Officer & Corp. Sec.
• Merick Seguin, Sr. Mang. of Media Relations
• Mr. Sebastien Belair, Exec. VP & Chief HR Officer

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

Some companies that are related to Laurentian Bank of Canada include Phoenix Group (PHNX), Onex (ONEX), Standard Life Aberdeen (SLA), Valley National Bancorp (VLY), Element Fleet Management (EFN), M&G (MNG), AIB Group (AIBG), Brookfield Infrastructure (BIPC), Pershing Square (PSH), F&C Investment Trust (FCIT), Jardine Lloyd Thompson Group (JLT), Intermediate Capital Group (ICP), RIT Capital Partners (RCP), Definity Financial (DFY) and Greencoat UK Wind (UKW).
View all of LB's 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).

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

One share of LB stock can currently be purchased for approximately C$37.04.

How much money does Laurentian Bank of Canada make?

Laurentian Bank of Canada has a market capitalization of C$1.60 billion and generates C$970.52 million in revenue each year.

How many employees does Laurentian Bank of Canada have?

Laurentian Bank of Canada employs 2,900 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.