Live Oak Bancshares, Inc. which can be found using ticker (LOB) have now 3 market analysts covering the stock. The analyst consensus now points to 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. Now with the previous closing price of $22.30 this would imply there is now a potential upside of 24.1%. The 50 day MA is $28.05 while the 200 day moving average is $32.28. The total market capitalization for the company now stands at $999m. Visit the company website at: https://www.liveoakbank.com
The potential market cap would be $1,239m 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 0.54% with the ex dividend date set at 27-2-2023 (DMY).
Other points of data to note are a P/E ratio of 5.68, revenue per share of 11.59 and a 1.95% return on assets.
