With 0.15 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.2 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $40.885 whereas the lowest price it dropped to was $40.285. The 52-week range on LOB shows that it touched its highest point at $50.57 and its lowest point at $31.03 during that stretch. It currently has a 1-year price target of $47.00. With its current market cap of 1.84 billion, LOB has annualized dividend of $0.12 while the current yield stands at 0.30%. LOB paid its most recent dividend on 1733097600, while the ex-dividend date for that was 1733097600. Beta for the stock currently stands at 1.69.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LOB was up-trending over the past week, with a rise of 10.64%, but this was down by -8.71% over a month. Three-month performance dropped to -18.45% while six-month performance fell -2.42%. The stock gained 2.91% in the past year, while it has gained 2.81% so far this year. A look at the trailing 12-month EPS for LOB yields 1.84 with Next year EPS estimates of 2.57. For the next quarter, that number is 0.53. This implies an EPS growth rate of 4.07% for this year and 50.59% for next year.
Float and Shares Shorts:
At present, 45.15 million LOB shares are outstanding with a float of 34.45 million shares on hand for trading. On 2024-12-31, short shares totaled 1.17 million, which was 259.99998999999997 higher than short shares on 1732838400. In addition to Mr. James S. Mahan III as the firm’s Chairman & CEO, Mr. William C. Losch III serves as its President.
Institutional Ownership:
Through their ownership of 0.70319 of LOB’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LOB since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With LOB analysts setting a high price target of 48.0 and a low target of 46.0, the average target price over the next 12 months is 47.0. Based on these targets, LOB could surge 18.05% to reach the target high and rise by 13.13% to reach the target low. Reaching the average price target will result in a growth of 15.59% from current levels.
Analysts have provided yearly estimates in a range of $1.75839 being high and $1.65495 being low. For LOB, this leads to a yearly average estimate of $1.70667. Based on analyst estimates, the high estimate for the next quarter is $0.53 and the low estimate is $0.44. The average estimate for the next quarter is thus $0.49.
