Headlines about Live Oak Bancshares (NASDAQ:LOB) have been trending somewhat positive this week, according to Accern. The research firm scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public 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 0.12 on Accern’s scale. Accern also gave media headlines about the bank an impact score of 45.5828983835906 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media headlines that may have effected Accern’s analysis:
- Live Oak Bancshares, Inc. breached its 50 day moving average in a Bearish Manner : LOB-US : July 28, 2017 (finance.yahoo.com)
- Investor Network: Live Oak Bancshares, Inc. to Host Earnings Call (finance.yahoo.com)
- Edited Transcript of LOB earnings conference call or presentation 27-Jul-17 1:00pm GMT (finance.yahoo.com)
- Live Oak Bancshares Inc (NASDAQ:LOB) Issues Earnings Results, Beats Estimates By $0.04 EPS (americanbankingnews.com)
- Live Oak Bancshares, Inc. Reports Second Quarter 2017 Results (finance.yahoo.com)
Live Oak Bancshares (NASDAQ LOB) traded up 3.07% on Friday, hitting $25.20. 102,043 shares of the stock were exchanged. Live Oak Bancshares has a one year low of $13.00 and a one year high of $26.05. The company’s 50 day moving average price is $24.78 and its 200-day moving average price is $23.01. The company has a market cap of $872.90 million, a P/E ratio of 36.42 and a beta of -0.16.
Live Oak Bancshares (NASDAQ:LOB) last posted its earnings results on Wednesday, July 26th. The bank reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.04. The business had revenue of $45.06 million for the quarter, compared to analyst estimates of $45.92 million. Live Oak Bancshares had a return on equity of 11.71% and a net margin of 13.71%. Equities research analysts predict that Live Oak Bancshares will post $0.99 EPS for the current fiscal year.
A number of equities research analysts recently issued reports on the stock. Zacks Investment Research downgraded shares of Live Oak Bancshares from a “buy” rating to a “hold” rating in a report on Saturday, June 17th. TheStreet raised shares of Live Oak Bancshares from a “c” rating to a “b-” rating in a research report on Monday, July 24th.
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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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