Live Oak Bancshares, Inc. which can be found using ticker (LOB) now have 3 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 29 and 27 calculating the mean target price we have $27.67. Given that the stocks previous close was at $24.68 this would indicate that there is a potential upside of 12.1%. The day 50 moving average is $30.43 and the 200 moving average now moves to $32.80. The market cap for the company is $1,083m. Visit the company website at: https://www.liveoakbank.com
The potential market cap would be $1,214m 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 0.49% 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.
