Luther Burbank

Company Profile

Luther Burbank had its IPO on 2017-12-08 under the ticker symbol LBC.

The company operates in the Financial Services sector and Banks-Regional industry. Luther Burbank has a staff strength of 256 employees.

Stock update

Shares of Luther Burbank opened at $8.65 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $8.62 - $8.74, and closed at $8.71.

This is a +0.23% increase from the previous day's closing price.

A total volume of 6,752 shares were traded at the close of the day’s session.

In the last one week, shares of Luther Burbank have slipped by -6.04%.

Luther Burbank's Key Ratios

Luther Burbank has a market cap of $473.03 million, indicating a price to book ratio of 0.8582 and a price to sales ratio of 3.0563.

In the last 12-months Luther Burbank’s revenue was $146.85 million with a gross profit of $177.76 million and an EBITDA of $0. The EBITDA ratio measures Luther Burbank's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Luther Burbank’s operating margin was 56.25% while its return on assets stood at 0.69% with a return of equity of 8.03%.

In Q2, Luther Burbank’s quarterly earnings growth was a negative -69.1% while revenue growth was a negative 42.7%.

Luther Burbank’s PE and PEG Ratio

Forward PE

0

Trailing PE

8.5833

PEG

Its diluted EPS in the last 12-months stands at $1.08 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Luther Burbank’s profitability.

Luther Burbank stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 3.0563.

Luther Burbank stock pays annual dividends of $0.12 per share, indicating a yield of 5.18% and a payout ratio of 11.11%.

Balance sheet and cash flow metrics

Total Assets

$8.36 billion

Total Liabilities

$10.57 million

Operating Cash Flow

$98.63 million

Capital Expenditure

$241000

Dividend Payout Ratio

11.11%

Luther Burbank ended 2024 with $8.36 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $8.36 billion while shareholder equity stood at $699.35 million.

Luther Burbank ended 2024 with $0 in deferred long-term liabilities, $10.57 million in other current liabilities, 398834000.00 in common stock, $337.99 million in retained earnings and $3.30 million in goodwill. Its cash balance stood at $699.37 million and cash and short-term investments were $1.26 billion. The company’s total short-term debt was $0 while long-term debt stood at $1.73 billion.

Luther Burbank’s total current assets stands at $1.26 billion while long-term investments were $577.67 million and short-term investments were $564.27 million. Its net receivables were $6.91 billion compared to accounts payable of $10.57 million and inventory worth $0.

In 2024, Luther Burbank's operating cash flow was $98.63 million while its capital expenditure stood at $241000.

Comparatively, Luther Burbank paid $0.11 in dividends in 2024.

Other key metrics

Current Trading Price

$8.71

52-Week High

$12.9243

52-Week Low

$7.82

Analyst Target Price

$13.88

Luther Burbank stock is currently trading at $8.71 per share. It touched a 52-week high of $12.9243 and a 52-week low of $12.9243. Analysts tracking the stock have a 12-month average target price of $13.88.

Its 50-day moving average was $9.49 and 200-day moving average was $10.11 The short ratio stood at 8.02 indicating a short percent outstanding of 0%.

Around 8002.4% of the company’s stock are held by insiders while 1490.2% are held by institutions.