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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NASDAQ:LBC

Luther Burbank (LBC) Stock Price, News & Analysis

$9.15
+0.05 (+0.55%)
(As of 02/29/2024)
Today's Range
$9.06
$9.34
50-Day Range
$9.02
$10.12
52-Week Range
$7.73
$11.77
Volume
325,900 shs
Average Volume
35,951 shs
Market Capitalization
$466.81 million
P/E Ratio
12.89
Dividend Yield
N/A
Price Target
$12.50

Luther Burbank MarketRank™ Stock Analysis

Analyst Rating
0.00 Rating Score
Upside/​Downside
36.6% Upside
$12.50 Price Target
Short Interest
Healthy
0.52% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.25
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

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.

1.84 out of 5 stars

Finance Sector

648th out of 849 stocks

State Commercial Banks Industry

158th out of 178 stocks

LBC stock logo

About Luther Burbank Stock (NASDAQ:LBC)

Luther Burbank Corporation operates as the bank holding company for Luther Burbank Savings that provides various banking products and services for real estate investors, professionals, entrepreneurs, depositors, and commercial businesses. The company offers interest and noninterest-bearing transaction accounts, certificates of deposit, and money market accounts. It also provides commercial real estate loans, including first mortgage loans for the purchase, refinance, or build-out of tenant improvements on investor owned multifamily residential properties, as well as loans for the purchase, refinance, or improvement of office, retail, and light industrial properties; single family residential loans; and a portfolio of 30-year fixed rate first mortgage and a forgivable second mortgage. In addition, the company offers ATM, debit cards, online and mobile banking, and real estate investment services; and issues trust preferred securities. Luther Burbank Corporation was founded in 1983 and is headquartered in Santa Rosa, California.

LBC Stock Price History

LBC Stock News Headlines

WaFd closes $654M acquisition of Luther Burbank
Top Project Outperforms BTC in 2023…
According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.
Luther Burbank Corp.
Luther Burbank Stock (NASDAQ:LBC) Insider Trades
Top Project Outperforms BTC in 2023…
According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.
Luther Burbank Corp LBC
Luther Burbank Corp. (US5505501073.SG)
Luther Burbank Middle
LIBERO CLOSES PRIVATE PLACEMENT
Luther Burbank (NASDAQ: LBC)
See More Headlines
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Company Calendar

Last Earnings
10/25/2021
Today
3/28/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
N/A
Current Symbol
NASDAQ:LBC
Fax
N/A
Employees
256
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$12.50
High Stock Price Target
$12.50
Low Stock Price Target
$12.50
Potential Upside/Downside
+36.6%
Consensus Rating
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

Net Income
$80.20 million
Pretax Margin
14.88%

Debt

Sales & Book Value

Annual Sales
$123.27 million
Cash Flow
$1.88 per share
Book Value
$13.36 per share

Miscellaneous

Free Float
39,191,000
Market Cap
$466.81 million
Optionable
Not Optionable
Beta
0.69
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Key Executives


LBC Stock Analysis - Frequently Asked Questions

What is Luther Burbank's stock price target for 2024?

0 equities research analysts have issued 1 year price targets for Luther Burbank's shares. Their LBC share price targets range from $12.50 to $12.50. On average, they predict the company's share price to reach $12.50 in the next year. This suggests a possible upside of 36.6% from the stock's current price.
View analysts price targets for LBC
or view top-rated stocks among Wall Street analysts.

How have LBC shares performed in 2024?

Luther Burbank's stock was trading at $10.71 at the start of the year. Since then, LBC stock has decreased by 14.6% and is now trading at $9.15.
View the best growth stocks for 2024 here
.

How were Luther Burbank's earnings last quarter?

Luther Burbank Co. (NASDAQ:LBC) issued its quarterly earnings data on Monday, October, 25th. The company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.07. The business had revenue of $45.55 million for the quarter, compared to analyst estimates of $43.50 million. Luther Burbank had a trailing twelve-month return on equity of 5.19% and a net margin of 10.43%. During the same quarter in the prior year, the company earned $0.27 EPS.

Is Luther Burbank a good dividend stock?

Luther Burbank (NASDAQ:LBC) pays an annual dividend of $0.48 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 67.61%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for LBC.

What is Simone Lagomarsino's approval rating as Luther Burbank's CEO?

5 employees have rated Luther Burbank Chief Executive Officer Simone Lagomarsino on Glassdoor.com. Simone Lagomarsino has an approval rating of 100% among the company's employees. This puts Simone Lagomarsino in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Luther Burbank own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Luther Burbank investors own include Huntington Bancshares (HBAN), Apple Hospitality REIT (APLE), Fiesta Restaurant Group (FRGI), Hewlett Packard Enterprise (HPE), KeyCorp (KEY), Caterpillar (CAT).

When did Luther Burbank IPO?

Luther Burbank (LBC) raised $131 million in an initial public offering on Friday, December 8th 2017. The company issued 11,400,000 shares at $10.50-$12.50 per share. Keefe, Bruyette & Woods (A Stifel Company), Sandler O'Neill + Partners and Piper Jaffray served as the underwriters for the IPO and D.A. Davidson & Co. was co-manager.

Who are Luther Burbank's major shareholders?

Luther Burbank's stock is owned by many different retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (2.06%), Hotchkis & Wiley Capital Management LLC (1.40%), Vanguard Group Inc. (1.07%), Vanguard Group Inc. (1.07%), Bridgeway Capital Management LLC (0.84%) and Foundry Partners LLC (0.52%). Insiders that own company stock include Jack W Krouskup, Parham Medhat and Tammy Mahoney.
View institutional ownership trends
.

How do I buy shares of Luther Burbank?

Shares of LBC 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:LBC) was last updated on 3/28/2024 by MarketBeat.com Staff

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