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

December 24, 2017 – By Max Morgan

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 22.93 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 1.65% or $0.4 during the last trading session, reaching $23.85. About 44,346 shares traded. Live Oak Bancshares, Inc. (NASDAQ:LOB) has risen 55.47% since December 24, 2016 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 had 12 analyst reports since August 17, 2015 according to SRatingsIntel. On Monday, August 17 the stock rating was initiated by Sandler O’Neill with “Hold”. The firm has “Buy” rating by Sandler O’Neill given on Wednesday, September 6. The firm earned “Buy” rating on Friday, January 29 by Suntrust Robinson. The company was initiated on Monday, August 17 by SunTrust. SunTrust maintained Live Oak Bancshares, Inc. (NASDAQ:LOB) rating on Tuesday, November 28. SunTrust has “Buy” rating and $29.0 target. Bruyette & Woods” initiated it with “Outperform” rating and $24 target in Monday, August 17 report. The stock of Live Oak Bancshares, Inc. (NASDAQ:LOB) earned “Hold” rating by Keefe Bruyette & Woods on Monday, October 16. The stock has “Outperform” rating by KBW on Monday, August 17. Sandler O’Neill upgraded Live Oak Bancshares, Inc. (NASDAQ:LOB) on Friday, November 6 to “Buy” rating.

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 $951.06 million. The firm accepts various deposit products. It has a 25.56 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: Seekingalpha.com which released: “Live Oak Bancshares’ (LOB) CEO Chip Mahan on First Data Corporation …” on May 13, 2017, also Globenewswire.com with their article: “Live Oak Bank Announces New Lending Segment for the Automotive Care Industry” published on December 07, 2017, Marketwatch.com published: “Live Oak Bancshares Inc.” on June 25, 2015. More interesting news about Live Oak Bancshares, Inc. (NASDAQ:LOB) were released by: Seekingalpha.com and their article: “Live Oak Bancshares’ (LOB) CEO Chip Mahan on Q2 2017 Results – Earnings Call …” published on July 29, 2017 as well as Seekingalpha.com‘s news article titled: “Live Oak Bancshares’ (LOB) CEO Chip Mahan on Q1 2017 Results – Earnings Call …” with publication date: April 30, 2017.