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TSE:LB

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

C$26.11
-0.44 (-1.66%)
(As of 09/6/2024 05:28 PM ET)
Today's Range
C$26.10
C$26.64
50-Day Range
C$25.11
C$27.16
52-Week Range
C$24.45
C$36.75
Volume
290,634 shs
Average Volume
200,183 shs
Market Capitalization
C$1.15 billion
P/E Ratio
N/A
Dividend Yield
7.20%
Price Target
C$27.42

Laurentian Bank of Canada MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.75 Rating Score
Upside/​Downside
5.0% Upside
C$27.42 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.14mentions of Laurentian Bank of Canada in the last 14 days
Based on 23 Articles This Week
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.

0.44 out of 5 stars

LB stock logo

About Laurentian Bank of Canada Stock (TSE:LB)

Laurentian Bank of Canada, together with its subsidiaries, provides various financial services to personal, business, and institutional customers in Canada and the United States. It operates through three segments: Personal Banking, Commercial Banking, and Capital Markets. The Personal Banking segment offers financial services, such as financial advisory services to financial intermediaries; and operates digital direct-to-customer platform to retail clients. The Commercial Banking segment provides financial services, including commercial banking, real estate financing, and equipment and inventory financing to business clients. The Capital Markets segment offers a range of services, such as research, market analysis, and advisory services; corporate underwriting services for debt and equity; and administrative services. The company was founded in 1846 and is headquartered in Montreal, Canada.

LB Stock Price History

LB Stock News Headlines

Laurentian Bank of Canada (TSE:LB) PT Raised to C$27.00 at Raymond James
The only candlestick pattern worth a darn
It’s widely known that 80% of daily market action is driven by Wall Street algorithms… Now, most people think of the algorithms are “bad” When in reality, they are neither good nor bad… They are simply programmed to buy and sell certain stocks over and over again… But here is the thing… They are predictable… They typically buy the same stocks at the same levels over and over again…
Cormark Weighs in on Laurentian Bank of Canada's FY2024 Earnings (TSE:LB)
RBC Capital Reaffirms Their Sell Rating on Laurentian Bank (LRCDF)
The only candlestick pattern worth a darn
It’s widely known that 80% of daily market action is driven by Wall Street algorithms… Now, most people think of the algorithms are “bad” When in reality, they are neither good nor bad… They are simply programmed to buy and sell certain stocks over and over again… But here is the thing… They are predictable… They typically buy the same stocks at the same levels over and over again…
Laurentian Bank 3Q Profit, Revenue Fall
Should You Buy This Bank Stock for its 7.13% Dividend Yield?
TSX Extends Gains To 4th Straight Day, Ends Nearly 1% Up
See More Headlines
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Company Calendar

Ex-Dividend for 8/1 Dividend
7/02/2024
Dividend Payable
8/01/2024
Today
9/07/2024
Ex-Dividend for 11/1 Dividend
10/01/2024
Dividend Payable
11/01/2024
Next Earnings (Estimated)
12/05/2024

Industry, Sector and Symbol

Industry
Banks - Regional
Sub-Industry
Trading
CIK
N/A
Fax
N/A
Employees
3,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$27.42
High Stock Price Target
C$33.00
Low Stock Price Target
C$25.00
Potential Upside/Downside
+5.0%
Consensus Rating
Reduce
Rating Score (0-4)
1.75
Research Coverage
12 Analysts

Profitability

Net Income
C$-27,320,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$947.10 million
Cash Flow
C$159.60 per share
Book Value
C$60.83 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.15 billion
Optionable
Not Optionable
Beta
1.24
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Key Executives

  • Mr. Eric Provost (Age 49)
    President, CEO & Director
    Comp: $1.18M
  • Mr. Yvan Deschamps CPA
    CGA, Executive VP & CFO
  • Mr. Sebastien Belair
    Executive VP & COO
  • Mr. William James Alexander Mason
    Executive VP & Chief Risk Officer
  • Mr. Benoit Bertrand
    Chief Information Officer
  • Andrew Chornenky
    Vice President of Investor Relations
  • Ms. Bindu Cudjoe
    Executive VP, Chief Legal Officer & Corporate Secretary
  • Merick Seguin
    Senior Manager of Media Relations
  • Ms. Macha Pohu
    Chief Human Resources Officer
  • Mr. Adam Swinemar
    Senior Vice President of Digital Banking

LB Stock Analysis - Frequently Asked Questions

How have LB shares performed this year?

Laurentian Bank of Canada's stock was trading at C$27.87 on January 1st, 2024. Since then, LB shares have decreased by 6.3% and is now trading at C$26.11.
View the best growth stocks for 2024 here
.

How do I buy shares of Laurentian Bank of Canada?

Shares of LB stock 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.
Compare Top Brokerages Here.

What other stocks do shareholders of Laurentian Bank of Canada own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Laurentian Bank of Canada investors own include Xtrackers California Municipal Bond ETF (CA), Hawkins (HWKN), BlackRock (BLK), Endologix (ELGX), Intact Financial (IFC), Constellation Software (CSU) and Athabasca Oil (ATH).

This page (TSE:LB) was last updated on 9/7/2024 by MarketBeat.com Staff

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