Live Oak Bank (LOB) Receives Daily News Impact Rating of 0.20

Headlines about Live Oak Bank (NASDAQ:LOB) have been trending somewhat positive on Monday, according to Accern. Accern ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Live Oak Bank earned a coverage optimism score of 0.20 on Accern’s scale. Accern also gave media stories about the bank an impact score of 45.5316848145758 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

These are some of the news articles that may have effected Accern Sentiment’s rankings:

How to Become a New Pot Stock Millionaire

Live Oak Bank stock opened at $28.60 on Monday. The firm has a market cap of $1,010.25, a P/E ratio of 22.88 and a beta of 0.16. The company has a current ratio of 1.02, a quick ratio of 0.72 and a debt-to-equity ratio of 0.06. Live Oak Bank has a 52-week low of $20.75 and a 52-week high of $30.05.

Live Oak Bank (NASDAQ:LOB) last released its quarterly earnings results on Wednesday, January 24th. The bank reported $0.41 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.25 by $0.16. The company had revenue of $118.42 million for the quarter, compared to the consensus estimate of $114.39 million. Live Oak Bank had a net margin of 36.36% and a return on equity of 14.71%. equities research analysts predict that Live Oak Bank will post 1.25 earnings per share for the current fiscal year.

LOB has been the topic of several research analyst reports. BidaskClub downgraded shares of Live Oak Bank from a “hold” rating to a “sell” rating in a report on Tuesday, January 23rd. Sandler O’Neill reissued a “buy” rating and issued a $31.00 target price on shares of Live Oak Bank in a report on Wednesday, March 28th. Zacks Investment Research downgraded shares of Live Oak Bank from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 28th. Finally, TheStreet raised shares of Live Oak Bank from a “c” rating to a “b” rating in a report on Monday, February 26th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $28.50.

In related news, CFO S. Brett Caines sold 7,429 shares of the company’s stock in a transaction on Friday, February 2nd. The shares were sold at an average price of $26.92, for a total transaction of $199,988.68. Following the sale, the chief financial officer now owns 423,384 shares of the company’s stock, valued at $11,397,497.28. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In the last ninety days, insiders have sold 93,914 shares of company stock worth $2,499,843. 25.70% of the stock is owned by insiders.

ILLEGAL ACTIVITY NOTICE: “Live Oak Bank (LOB) Receives Daily News Impact Rating of 0.20” was first reported by Zolmax and is the sole property of of Zolmax. If you are viewing this piece on another site, it was copied illegally and reposted in violation of U.S. & international trademark and copyright laws. The legal version of this piece can be viewed at https://zolmax.com/investing/live-oak-bank-lob-receives-daily-news-impact-rating-of-0-20/2109512.html.

About Live Oak Bank

Live Oak Bancshares, Inc operates as the bank holding company for the Live Oak Banking Company that provides various commercial banking products and services to individuals and businesses in North Carolina. The company accepts various deposit products, including noninterest-bearing demand, interest-bearing checking, money market, saving, and time deposits.

Insider Buying and Selling by Quarter for Live Oak Bank (NASDAQ:LOB)

Receive News & Ratings for Live Oak Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Live Oak Bank and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Compass Minerals  Expected to Post Quarterly Sales of $417.90 Million
Compass Minerals Expected to Post Quarterly Sales of $417.90 Million
SportyCo  1-Day Volume Tops $1.76 Million
SportyCo 1-Day Volume Tops $1.76 Million
BlueCoin Market Capitalization Tops $2.51 Million
BlueCoin Market Capitalization Tops $2.51 Million
Rupee Market Cap Reaches $2.58 Million
Rupee Market Cap Reaches $2.58 Million
$462.67 Million in Sales Expected for Arista Networks  This Quarter
$462.67 Million in Sales Expected for Arista Networks This Quarter
JLL  Receiving Somewhat Positive News Coverage, Analysis Shows
JLL Receiving Somewhat Positive News Coverage, Analysis Shows


Leave a Reply

 
© 2006-2018 Zolmax.