Analysts See $0.26 EPS for Live Oak Bancshares, Inc. (LOB)

January 14, 2018 - By Kurt Siggers

 Analysts See $0.26 EPS for Live Oak Bancshares, Inc. (LOB)

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 $10.37M giving it 23.80 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 0.40% or $0.1 during the last trading session, reaching $24.75. About 100,506 shares traded or 17.11% up from the average. Live Oak Bancshares, Inc. (NASDAQ:LOB) has risen 55.47% since January 14, 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 4.24% above currents $24.75 stock price. Live Oak Bancshares had 13 analyst reports since August 17, 2015 according to SRatingsIntel. Keefe Bruyette & Woods initiated the shares of LOB in report on Monday, October 16 with “Hold” rating. The stock has “Buy” rating by SunTrust on Tuesday, November 28. KBW initiated Live Oak Bancshares, Inc. (NASDAQ:LOB) on Monday, August 17 with “Outperform” rating. Sandler O’Neill maintained Live Oak Bancshares, Inc. (NASDAQ:LOB) rating on Thursday, January 4. Sandler O’Neill has “Buy” rating and $26.0 target. The rating was upgraded by Sandler O’Neill to “Buy” on Friday, November 6. Sandler O’Neill upgraded the shares of LOB in report on Wednesday, September 6 to “Buy” rating. Bruyette & Woods” initiated Live Oak Bancshares, Inc. (NASDAQ:LOB) rating on Monday, August 17. Bruyette & Woods” has “Outperform” rating and $24 target. The rating was initiated by SunTrust with “Neutral” on Monday, August 17. The stock of Live Oak Bancshares, Inc. (NASDAQ:LOB) earned “Hold” rating by Sandler O’Neill on Monday, August 17. On Friday, January 29 the stock rating was upgraded by Suntrust Robinson to “Buy”.

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 $986.95 million. The firm accepts various deposit products. It has a 26.53 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. Proud to Announce Erin Andrew Winner of US …” on October 24, 2017, also Globenewswire.com with their article: “Live Oak Bancshares Names Scott Custer as President of Live Oak Bank” published on April 03, 2017, Globenewswire.com published: “Live Oak Bank Announces Formation of Insurance Networks Alliance” on September 28, 2017. More interesting news about Live Oak Bancshares, Inc. (NASDAQ:LOB) were released by: Seekingalpha.com and their article: “Live Oak Bank: For The Long Haul” published on January 10, 2018 as well as Globenewswire.com‘s news article titled: “Live Oak Bancshares, Inc. Prices Public Offering of Voting Common Stock” with publication date: August 09, 2017.

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