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How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
NASDAQ:LOB

Live Oak Bancshares (LOB) Stock Price, News & Analysis

$38.67
+0.37 (+0.97%)
(As of 03/18/2024 ET)
Today's Range
$37.80
$38.84
50-Day Range
$35.73
$42.85
52-Week Range
$19.53
$47.22
Volume
137,531 shs
Average Volume
178,283 shs
Market Capitalization
$1.73 billion
P/E Ratio
23.58
Dividend Yield
0.31%
Price Target
$41.50

Live Oak Bancshares MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
7.3% Upside
$41.50 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.46mentions of Live Oak Bancshares in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$740,700 Sold Last Quarter
Proj. Earnings Growth
30.67%
From $2.25 to $2.94 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.17 out of 5 stars

Finance Sector

522nd out of 882 stocks

State Commercial Banks Industry

124th out of 181 stocks

LOB stock logo

About Live Oak Bancshares Stock (NASDAQ:LOB)

Live Oak Bancshares, Inc. operates as the bank holding company for Live Oak Banking Company that provides various banking products and services in the United States. It operates through two segments, Banking and Fintech. The company accepts various deposit products, including noninterest-bearing demand, as well as interest-bearing checking, money market, savings, and time deposits. It also offers commercial and industrial loans; construction and development loans; owner occupied and non-owner occupied collateral commercial real estate loans; and commercial land loans. In addition, the company provides settlement, accounting, and securitization services for government guaranteed loans; financing for renewable energy application industry; wealth and investment management services to high-net-worth individuals and families; and investment advisory services to a series of funds focused on providing venture capital to new and emerging financial technology companies. Live Oak Bancshares, Inc. was incorporated in 2008 and is headquartered in Wilmington, North Carolina.

LOB Stock Price History

LOB Stock News Headlines

Central Bank Gold Heist In Progress
When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.
Live Oak Middle School given state recognition
My next big prediction isn’t a prediction
I believe this could change your life forever. I’m talking about transforming everything for you, financially. You see, a rare market anomaly has emerged that I believe is going to make some people very wealthy. Almost nobody in the mainstream media or Wall Street has connected the dots on what’s going on, but that ignorance won’t last for long. When they wake up to this situation, billions of dollars will flood in.
Assisted Living Communities Near Live Oak, CA
Live Oak Bancshares Inc (LOB)
See More Headlines
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Company Calendar

Last Earnings
1/24/2024
Ex-Dividend for 3/12 Dividend
2/26/2024
Dividend Payable
3/12/2024
Today
3/19/2024
Next Earnings (Estimated)
4/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
N/A
Current Symbol
NASDAQ:LOB
Employees
943
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$41.50
High Stock Price Target
$47.00
Low Stock Price Target
$34.00
Potential Upside/Downside
+7.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$73.90 million
Pretax Margin
10.35%

Debt

Sales & Book Value

Annual Sales
$800.01 million
Cash Flow
$2.17 per share
Book Value
$20.23 per share

Miscellaneous

Free Float
33,622,000
Market Cap
$1.73 billion
Optionable
Optionable
Beta
1.59
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LOB Stock Analysis - Frequently Asked Questions

Should I buy or sell Live Oak Bancshares stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Live Oak Bancshares in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" LOB shares.
View LOB analyst ratings
or view top-rated stocks.

What is Live Oak Bancshares' stock price target for 2024?

3 Wall Street research analysts have issued 1 year target prices for Live Oak Bancshares' stock. Their LOB share price targets range from $34.00 to $47.00. On average, they predict the company's stock price to reach $41.50 in the next twelve months. This suggests a possible upside of 7.3% from the stock's current price.
View analysts price targets for LOB
or view top-rated stocks among Wall Street analysts.

How have LOB shares performed in 2024?

Live Oak Bancshares' stock was trading at $45.50 at the beginning of the year. Since then, LOB shares have decreased by 15.0% and is now trading at $38.67.
View the best growth stocks for 2024 here
.

When is Live Oak Bancshares' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our LOB earnings forecast
.

How were Live Oak Bancshares' earnings last quarter?

Live Oak Bancshares, Inc. (NASDAQ:LOB) issued its quarterly earnings data on Wednesday, January, 24th. The bank reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.56 by $0.20. The bank earned $119.68 million during the quarter, compared to analysts' expectations of $119.36 million. Live Oak Bancshares had a trailing twelve-month return on equity of 8.67% and a net margin of 9.24%.

How often does Live Oak Bancshares pay dividends? What is the dividend yield for Live Oak Bancshares?

Live Oak Bancshares declared a quarterly dividend on Tuesday, February 13th. Investors of record on Tuesday, February 27th will be given a dividend of $0.03 per share on Tuesday, March 12th. This represents a $0.12 annualized dividend and a dividend yield of 0.31%. The ex-dividend date is Monday, February 26th.
Read our dividend analysis for LOB
.

Is Live Oak Bancshares a good dividend stock?

Live Oak Bancshares (NASDAQ:LOB) pays an annual dividend of $0.12 per share and currently has a dividend yield of 0.32%. The dividend payout ratio is 7.32%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LOB will have a dividend payout ratio of 4.08% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LOB.

What ETFs hold Live Oak Bancshares' stock?
What is Chip Mahan III's approval rating as Live Oak Bancshares' CEO?

17 employees have rated Live Oak Bancshares Chief Executive Officer Chip Mahan III on Glassdoor.com. Chip Mahan III has an approval rating of 94% among the company's employees. This puts Chip Mahan III in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Live Oak Bancshares own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Live Oak Bancshares investors own include NVIDIA (NVDA), Walt Disney (DIS), Stitch Fix (SFIX), Wix.com (WIX), Zscaler (ZS), Appian (APPN), Fastly (FSLY), Block (SQ), Teladoc Health (TDOC) and Trade Desk (TTD).

When did Live Oak Bancshares IPO?

(LOB) raised $68 million in an initial public offering (IPO) on Thursday, July 23rd 2015. The company issued 4,000,000 shares at a price of $16.00-$18.00 per share. Sandler O�Neill & Partners, L.P served as the underwriter for the IPO and Keefe Bruyette & Woods (A Stifle Company) and SunTrust Robinson Humphrey were co-managers.

Who are Live Oak Bancshares' major shareholders?

Live Oak Bancshares' stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (5.64%), Vanguard Group Inc. (5.60%), Dimensional Fund Advisors LP (2.99%), Southernsun Asset Management LLC (1.92%), Nuveen Asset Management LLC (0.85%) and The Manufacturers Life Insurance Company (0.76%). Insiders that own company stock include David G Lucht, Diane Beth Glossman, Gregory W Seward, John W Sutherland, Micah S Davis, Miltom Emmett Petty, Neil Lawrence Underwood, Renato Derraik, Steve Smits, Susan N Janson, Tonya Williams Bradford, William C Losch III, William Henderson Cameron and William L Williams III.
View institutional ownership trends
.

How do I buy shares of Live Oak Bancshares?

Shares of LOB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:LOB) was last updated on 3/19/2024 by MarketBeat.com Staff

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