News coverage about Live Oak Bancshares (NASDAQ:LOB) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Live Oak Bancshares earned a news sentiment score of 0.08 on Accern’s scale. Accern also assigned news coverage about the bank an impact score of 45.9095683252915 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
A number of brokerages have weighed in on LOB. TheStreet upgraded Live Oak Bancshares from a “c” rating to a “b-” rating in a research report on Monday. Zacks Investment Research cut Live Oak Bancshares from a “buy” rating to a “hold” rating in a research report on Wednesday, July 12th.
Shares of Live Oak Bancshares (LOB) opened at 24.95 on Thursday. The company has a market cap of $863.44 million, a PE ratio of 57.89 and a beta of -0.16. Live Oak Bancshares has a one year low of $12.68 and a one year high of $26.05. The stock’s 50 day moving average price is $24.77 and its 200 day moving average price is $22.95.
Live Oak Bancshares (NASDAQ:LOB) last announced its quarterly earnings data on Wednesday, July 26th. The bank reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.04. Live Oak Bancshares had a return on equity of 8.98% and a net margin of 9.31%. Equities analysts predict that Live Oak Bancshares will post $1.00 earnings per share for the current fiscal year.
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About Live Oak Bancshares
Live Oak Bancshares, Inc is a bank holding company. The Company conducts business operations primarily through its commercial bank subsidiary, Live Oak Banking Company (the Bank). The Bank specializes in providing lending services to small businesses nationwide in targeted industries. The loans originated by the Bank are guaranteed by the small business administration (SBA).
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