Live Oak Bancshares, Inc. which can be found using ticker (LOB) have now 3 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The target price High/Low ranges between 29 and 27 calculating the mean target price we have $27.67. Given that the stocks previous close was at $25.02 this indicates there is a potential upside of 10.6%. It’s also worth noting that there is a 50 day moving average of $29.25 while the 200 day moving average is $32.54. The market cap for the company is $1,084m. Company Website: https://www.liveoakbank.com
The potential market cap would be $1,198m based on the market consensus.
Live Oak Bancshares, Inc. operates as the bank holding company for Live Oak Banking Company that provides various commercial banking products and services to individuals, small businesses, and professionals in North Carolina, the United States. It operates in two segments, Banking and Fintech. The company accepts various deposit products, including noninterest-bearing demand, as well as interest-bearing checking, money market, certificate of deposits, 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, it provides settlement, accounting, and securitization services for government guaranteed loans; wealth and investment management services to high-net-worth individuals and families; investment advisory services to a series of funds focused on providing venture capital to new and emerging financial technology companies; and an on-site restaurant location to company employees and business visitors. The company was incorporated in 2008 and is headquartered in Wilmington, North Carolina.
The company has a dividend yield of 0.48% with the ex dividend date set at 27-2-2023 (DMY).
Other points of data to note are a P/E ratio of 6.21, revenue per share of 11.59 and a 1.95% return on assets.
