Live Oak Bancshares, Inc. (LOB)
NYSE: LOB · IEX Real-Time Price · USD
42.24
+0.57 (1.37%)
At close: Jul 19, 2024, 4:00 PM
42.32
+0.08 (0.19%)
After-hours: Jul 20, 2024, 12:57 PM EDT
Live Oak Bancshares Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Live Oak Bancshares stock have an average target of 43, with a low estimate of 38 and a high estimate of 47. The average target predicts an increase of 1.80% from the current stock price of 42.24.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for LOB stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $40 → $38 | Strong Buy | Maintains | $40 → $38 | -10.04% | Jul 8, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $46 → $45 | Buy | Maintains | $46 → $45 | +6.53% | Jun 27, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $47 → $38 | Strong Buy | Maintains | $47 → $38 | -10.04% | Apr 26, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Reiterates $45 → $40 | Hold | Reiterates | $45 → $40 | -5.30% | Apr 26, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $47 | Strong Buy | Maintains | $47 | +11.27% | Apr 1, 2024 |
Financial Forecast
Revenue This Year
499.24M
from 405.72M
Increased by 23.05%
Revenue Next Year
587.05M
from 499.24M
Increased by 17.59%
EPS This Year
2.00
from 1.64
Increased by 21.79%
EPS Next Year
2.87
from 2.00
Increased by 43.57%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 534.5M | 643.3M |
| Avg | 499.2M | 587.1M |
| Low | 448.8M | 523.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 31.7% | 28.9% |
| Avg | 23.1% | 17.6% |
| Low | 10.6% | 4.9% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 2.18 | 3.24 |
| Avg | 2.00 | 2.87 |
| Low | 1.81 | 2.66 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 33.2% | 62.4% |
| Avg | 21.8% | 43.6% |
| Low | 10.5% | 33.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.