Luther Burbank (LBC) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $9.06 to $9.34
• 50-Day Range: $9.02 to $9.72
• 52-Week Range: $7.73 to $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
• Consensus Rating: N/A

Luther Burbank Stock Analysis - MarketRank™

Luther Burbank scored higher than 40% of companies evaluated by MarketBeat, and ranked 706th out of 922 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: N/A

Amount of Analyst Coverage

Luther Burbank has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Luther Burbank is 12.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.15.

Price to Earnings Ratio vs. Sector

The P/E ratio of Luther Burbank is 12.89, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.34.

Price to Book Value per Share Ratio

Luther Burbank has a P/B Ratio of 0.68. P/B Ratios below 1 indicate that a company could be undervalued 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 LBC.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Luther Burbank does not currently pay a dividend.

Dividend Growth

Luther Burbank does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Luther Burbank is 67.61%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: 2.6 / 5
• Environmental Score: -0.87

Short Interest

There is no current short interest data available for LBC.

News and Social Media

• Score: N/A
• News Sentiment: N/A

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

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

Percentage Held by Insiders

23.18% of the stock of Luther Burbank is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 14.96% of the stock of Luther Burbank is held by institutions.

LBC Stock Analysis - Frequently Asked Questions

How were Luther Burbank's earnings last quarter?

Luther Burbank Co. (NASDAQ:LBC) announced its earnings results on Monday, October, 25th. The company reported $0.48 EPS for the quarter, beating analysts' consensus estimates of $0.41 by $0.07. The business earned $45.55 million during the quarter, compared to analysts' expectations of $43.50 million. Luther Burbank had a trailing twelve-month return on equity of 5.19% and a net margin of 10.43%.

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 acted as the underwriters for the IPO and D.A. Davidson & Co. was co-manager.

What other stocks do shareholders of Luther Burbank own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Luther Burbank investors own include Tesla (TSLA), JPMorgan Chase & Co. (JPM), NVIDIA (NVDA), Advanced Micro Devices (AMD), Meta Platforms (META), Netflix (NFLX) and Visa (V).

Company Calendar

• Last Earnings: 10/25/2021
• Today: 11/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: N/A
• Current Symbol: NASDAQ:LBC
• CUSIP: N/A
• CIK: 1475348
• Web: www.lutherburbanksavings.com
• Phone: (844) 446-8201
• 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: N/A
• Rating Score (0-4): 0.00
• Research Coverage: 0 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.71
• Trailing P/E Ratio: 12.89
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $80.20 million
• Net Margins: 10.43%
• Pretax Margin: 14.88%
• Return on Equity: 5.19%
• Return on Assets: 0.44%

Debt

• Debt-to-Equity Ratio: 2.28
• Current Ratio: 1.28
• Quick Ratio: 1.28

Sales & Book Value

• Annual Sales: $123.27 million
• Price / Sales: 3.79
• Cash Flow: $1.88 per share
• Price / Cash Flow: 4.86
• Book Value: $13.36 per share
• Price / Book: 0.68

Miscellaneous

• Outstanding Shares: 51,017,000
• Free Float: 39,191,000
• Market Cap: $466.81 million
• Optionable: Not Optionable
• Beta: 0.69