Live Oak Bancshares, Inc. (LOB) EPS Estimated At $0.26

January 18, 2018 - By Winifred Garcia

 Live Oak Bancshares, Inc. (LOB) EPS Estimated At $0.26

Analysts expect Live Oak Bancshares, Inc. (NASDAQ:LOB) to report $0.26 EPS on January, 24.They anticipate $0.09 EPS change or 52.94 % from last quarter’s $0.17 EPS. LOB’s profit would be $10.37 million giving it 23.08 P/E if the $0.26 EPS is correct. After having $0.34 EPS previously, Live Oak Bancshares, Inc.’s analysts see -23.53 % EPS growth. The stock decreased 1.03% or $0.25 during the last trading session, reaching $24. About 3,648 shares traded. Live Oak Bancshares, Inc. (NASDAQ:LOB) has risen 55.47% since January 18, 2017 and is uptrending. It has outperformed by 38.77% the S&P500.

Live Oak Bancshares, Inc. (NASDAQ:LOB) Ratings Coverage

Among 6 analysts covering Live Oak Bancshares (NASDAQ:LOB), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Live Oak Bancshares has $29.0 highest and $1 lowest target. $25.80’s average target is 7.50% above currents $24 stock price. Live Oak Bancshares had 13 analyst reports since August 17, 2015 according to SRatingsIntel. The company was initiated on Monday, August 17 by Sandler O’Neill. Sandler O’Neill maintained it with “Buy” rating and $26.0 target in Thursday, January 4 report. SunTrust maintained it with “Buy” rating and $29.0 target in Tuesday, November 28 report. On Monday, August 17 the stock rating was initiated by SunTrust with “Neutral”. As per Monday, October 16, the company rating was initiated by Keefe Bruyette & Woods. Suntrust Robinson upgraded the shares of LOB in report on Friday, January 29 to “Buy” rating. Sandler O’Neill upgraded the stock to “Buy” rating in Wednesday, September 6 report. As per Monday, August 17, the company rating was initiated by KBW. As per Monday, August 17, the company rating was initiated by Bruyette & Woods”. As per Friday, November 6, the company rating was upgraded by Sandler O’Neill.

Live Oak Bancshares, Inc. operates as the bank holding firm for the Live Oak Banking Company that provides various commercial banking services and products to individuals and businesses in North Carolina. The company has market cap of $957.04 million. The firm accepts various deposit products. It has a 25.72 P/E ratio. It also offers loans comprising small business administration loans; commercial and industrial loans; construction and development loans; owner occupied and non-owner occupied commercial real estate loans; and commercial land loans.

More notable recent Live Oak Bancshares, Inc. (NASDAQ:LOB) news were published by: Globenewswire.com which released: “Live Oak Bancshares, Inc. Prices Public Offering of Voting Common Stock” on August 09, 2017, also Seekingalpha.com with their article: “Live Oak Bancshares’ (LOB) CEO Chip Mahan on Q2 2017 Results – Earnings Call …” published on July 29, 2017, Globenewswire.com published: “Live Oak Bank Announces Jennifer Williams Joins Renewable Energy Lending Team” on January 17, 2018. More interesting news about Live Oak Bancshares, Inc. (NASDAQ:LOB) were released by: Globenewswire.com and their article: “Live Oak Bancshares Names Scott Custer as President of Live Oak Bank” published on April 03, 2017 as well as Seekingalpha.com‘s news article titled: “Live Oak Bancshares’ (LOB) CEO Chip Mahan on First Data Corporation …” with publication date: May 13, 2017.

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