With 95444.0 shares changed hands, the volume of the stock remained lighter than its average volume of 0.19 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $38.57 whereas the lowest price it dropped to was $37.97. 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 $49.00. With its current market cap of 1.73 billion, LOB has annualized dividend of $0.12 while the current yield stands at 0.31%. 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 down-trending over the past week, with a drop of -3.16%, but this was down by -17.49% over a month. Three-month performance dropped to -17.72% while six-month performance rose 11.01%. The stock lost -9.63% in the past year, while it has lost -3.16% so far this year. A look at the trailing 12-month EPS for LOB yields 1.84 with Next year EPS estimates of 2.66. For the next quarter, that number is 0.54. This implies an EPS growth rate of 5.08% for this year and 54.16% 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 2024-12-13, short shares totaled 1.15 million, which was 254.0 higher than short shares on 1731628800. 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 0.70371 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 52.0 and a low target of 46.0, the average target price over the next 12 months is 49.0. Based on these targets, LOB could surge 35.77% to reach the target high and rise by 20.1% to reach the target low. Reaching the average price target will result in a growth of 27.94% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.76053 being high and $1.68613 being low. For LOB, this leads to a yearly average estimate of $1.72333.
