LandBridge (LB) Stock Price, News & Analysis

Company Overview

LandBridge Company LLC owns and manages land and resources to support and enhance oil and natural gas development in the United States. It owns surface acres in and around the Delaware Basin in Texas and New Mexico. The company holds a portfolio of oil and gas royalties. It also sells brackish water and other surface composite materials. The company was founded in 2021 and is based in Houston, Texas. LandBridge Company LLC operates as a subsidiary of LandBridge Holdings LLC.

Key Stats

• Today's Range: $67.88 to $77.46
• 50-Day Range: $37.51 to $75.40
• 52-Week Range: $18.75 to $78.41
• Volume: 814,720 shs
• Average Volume: 381,701 shs
• Market Capitalization: $5.66 billion
• P/E Ratio: 21.74
• Dividend Yield: N/A
• Price Target: $36.57
• Consensus Rating: Moderate Buy

LandBridge Stock Analysis - MarketRank™

LandBridge scored higher than 41% of companies evaluated by MarketBeat, and ranked 227th out of 266 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

LandBridge has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

LandBridge has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 56.00%

Earnings Growth

Earnings for LandBridge are expected to grow by 56.00% in the coming year, from $1.00 to $1.56 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of LandBridge is 21.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.55.

Price to Earnings Ratio vs. Sector

The P/E ratio of LandBridge is 21.74, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.45.

Price to Book Value per Share Ratio

LandBridge has a P/B Ratio of 14.02. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for LB.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

LandBridge does not currently pay a dividend.

Dividend Growth

LandBridge does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of LandBridge is 11.24%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, LandBridge will have a dividend payout ratio of 25.64% next year. This indicates that LandBridge will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for LB.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.87

News Sentiment

LandBridge has a news sentiment score of 0.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.75 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for LandBridge this week, compared to 3 articles on an average week.

Search Interest

8 people have searched for LB on MarketBeat in the last 30 days. This is an increase of 14% compared to the previous 30 days.

MarketBeat Follows

Only 4 people have added LandBridge to their MarketBeat watchlist in the last 30 days. This is a decrease of -56% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, LandBridge insiders have not sold or bought any company stock.

Percentage Held by Insiders

17.83% of the stock of LandBridge is held by insiders. A high percentage of insider ownership can be a sign of company health.

LB Stock Analysis - Frequently Asked Questions

How have LB shares performed this year?

LandBridge's stock was trading at $22.96 at the beginning of 2024. Since then, LB shares have increased by 237.2% and is now trading at $77.41.
View the best growth stocks for 2024 here.

How were LandBridge's earnings last quarter?

LandBridge Co LLC (NYSE:LB) announced its earnings results on Tuesday, May, 18th. The company reported $1.25 EPS for the quarter, hitting the consensus estimate of $1.25. The business's revenue was up 82.8% compared to the same quarter last year.
Read the conference call transcript.

Does LandBridge have any subsidiaries?

LandBridge subsidiaries include Bath & Body Works, beautyAvenues, Intimate Brands, Intimate Brands Holding, L Brands (Overseas), L Brands Service Company, L (Overseas) Holdings LP, and more.

When did LandBridge IPO?

LandBridge (LB) raised $246 million in an initial public offering (IPO) on Friday, June 28th 2024. The company issued 14,500,000 shares at a price of $17.00 per share.

When does LandBridge's lock-up period expire?

LandBridge's lock-up period expires on Wednesday, December 25th. LandBridge had issued 14,500,000 shares in its public offering on June 28th. The total size of the offering was $246,500,000 based on an initial share price of $17.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the expiration of the lock-up period.

Who are LandBridge's major shareholders?

LandBridge's top institutional investors include Horizon Kinetics Asset Management LLC (7.10%), FMR LLC (3.25%), Schwartz Investment Counsel Inc. (0.58%) and Yaupon Capital Management LP (0.37%).
View institutional ownership trends.

How do I buy shares of LandBridge?

Shares of LB 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.

What other stocks do shareholders of LandBridge own?

Based on aggregate information from My MarketBeat watchlists, some other companies that LandBridge investors own include NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), Advanced Micro Devices (AMD), AT&T (T), Exxon Mobil (XOM) and Netflix (NFLX).

Company Calendar

• Last Earnings: 5/18/2021
• Today: 11/23/2024
• Ex-Dividend for 12/19 Dividend: 12/05/2024
• Dividend Payable: 12/19/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/05/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Oil royalty traders
• Sub-Industry: Trading
• Current Symbol: NYSE:LB
• Previous Symbol: NYSE:LB
• CUSIP: N/A
• CIK: 1995807
• Web: www.landbridgeco.com
• Phone: (713) 230-8864
• Fax: N/A
• Employees: 6
• Year Founded: 1963

Price Target and Rating

• Average Stock Price Target: $36.57
• High Stock Price Target: $43.00
• Low Stock Price Target: $34.00
• Potential Upside/Downside: -52.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: 21.74
• Forward P/E Ratio: 77.41
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: 0.60
• Current Ratio: 0.73
• Quick Ratio: 0.73

Sales & Book Value

• Annual Sales: $110.95 million
• Price / Sales: 51.04
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $5.52 per share
• Price / Book: 14.02

Miscellaneous

• Outstanding Shares: 73,152,000
• Free Float: 60,109,000
• Market Cap: $5.66 billion
• Optionable: No Data
• Beta: N/A