TSE:LB Laurentian Bank of Canada (LB) Stock Price, News & Analysis → The Best AI Stock to Own in the World Today is Trading for Just $25 (From Banyan Hill Publishing) (Ad) Free LB Stock Alerts C$27.35 +0.02 (+0.07%) (As of 12:46 PM ET) Add Compare Share Share Today's RangeC$27.11▼C$27.3550-Day RangeC$25.42▼C$29.2352-Week RangeC$24.92▼C$48.23Volume26,539 shsAverage Volume173,734 shsMarket CapitalizationC$1.20 billionP/E Ratio7.70Dividend Yield6.87%Price TargetC$29.01 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlines Get Laurentian Bank of Canada alerts: Email Address Laurentian Bank of Canada MarketRank™ Stock AnalysisAnalyst RatingReduce1.86 Rating ScoreUpside/Downside6.1% UpsideC$29.01 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.71Based on 5 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.17 out of 5 stars 0.9 Analyst's Opinion Consensus RatingLaurentian Bank of Canada has received a consensus rating of Reduce. The company's average rating score is 1.86, and is based on 1 buy rating, 10 hold ratings, and 3 sell ratings.Amount of Analyst CoverageLaurentian Bank of Canada has only been the subject of 4 research reports in the past 90 days.Read more about Laurentian Bank of Canada's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for LB. Previous Next 2.5 Dividend Strength Dividend LeadershipLaurentian Bank of Canada is a leading dividend payer. It pays a dividend yield of 6.89%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthLaurentian Bank of Canada does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Laurentian Bank of Canada is 52.96%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Laurentian Bank of Canada's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for LB. Previous Next 2.1 News and Social Media Coverage News SentimentLaurentian Bank of Canada has a news sentiment score of 0.71. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Financial Services companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Laurentian Bank of Canada this week, compared to 2 articles on an average week.Search InterestOnly 5 people have searched for LB on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Laurentian Bank of Canada insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.08% of the stock of Laurentian Bank of Canada is held by insiders.Percentage Held by InstitutionsOnly 27.53% of the stock of Laurentian Bank of Canada is held by institutions.Read more about Laurentian Bank of Canada's insider trading history. Previous Next 3.1 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Laurentian Bank of Canada is 7.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.49.Price to Earnings Ratio vs. SectorThe P/E ratio of Laurentian Bank of Canada is 7.70, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 472.47.Price to Earnings Growth RatioLaurentian Bank of Canada has a PEG Ratio of 0.76. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioLaurentian Bank of Canada has a P/B Ratio of 0.43. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Laurentian Bank of Canada's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Banyan Hill PublishingLook Who Fired the World’s Richest ManThis company is tiny… but already has contracts with 30 federal agencies and services some of the biggest companies in the U.S. And demand for the technology is unprecedented … “unlike anything we have seen in the past,” says a spokesman.Get the full story here. About Laurentian Bank of Canada Stock (TSE:LB)Laurentian Bank of Canada, together with its subsidiaries, provides various financial services to personal, business, and institutional customers in Canada and the United States. It operates through three segments: Personal Banking, Commercial Banking, and Capital Markets. The Personal Banking segment offers financial services, such as financial advisory services to financial intermediaries; and operates digital direct-to-customer platform to retail clients. The Commercial Banking segment provides financial services, including commercial banking, real estate financing, and equipment and inventory financing to business clients. The Capital Markets segment offers a range of services, such as research, market analysis, and advisory services; corporate underwriting services for debt and equity; and administrative services. The company was founded in 1846 and is headquartered in Montreal, Canada.Read More LB Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LB Stock News HeadlinesMay 15 at 2:16 AM | americanbankingnews.comLaurentian Bank of Canada (TSE:LB) Price Target Increased to C$28.00 by Analysts at Jefferies Financial GroupMay 11, 2024 | americanbankingnews.comLaurentian Bank of Canada (TSE:LB) Receives Consensus Recommendation of "Reduce" from BrokeragesMay 10, 2024 | americanbankingnews.comLaurentian Bank of Canada (TSE:LB) Share Price Passes Above 200-Day Moving Average of $26.60May 1, 2024 | msn.comCanada's TD Bank sets aside $450 million for US anti-money laundering probe fineApril 30, 2024 | finance.yahoo.comLAURENTIAN BANK TO ANNOUNCE SECOND QUARTER 2024 RESULTS AND HOLD AN INVESTOR DAY ON MAY 31, 2024April 18, 2024 | finance.yahoo.comLaurentian Bank of Canada announces conversion privilege of Non-Cumulative Class A Preferred Shares, Series 13April 9, 2024 | finance.yahoo.comLAURENTIAN BANK ANNOUNCES THE ELECTION OF ITS DIRECTORSApril 5, 2024 | theglobeandmail.comStocks Positive on Day, WeekApril 4, 2024 | bloomberg.comLaurentian Bank to Sell $1.5 Billion in Wealth-Management AssetsMarch 30, 2024 | msn.comLaurentian University’s new president looks forward to tenureMarch 28, 2024 | finance.yahoo.comLaurentian Bank of Canada (LB.TO)March 28, 2024 | msn.comFrustration for some of Bankman-Fried's victims who hoped for stiffer sentenceMarch 14, 2024 | msn.comMartin Lewis urges everyone born between these years to put £1 in bank account nowMarch 5, 2024 | wsj.comLaurentian Bank of Canada 4.3% Pfd. Cl A Series 13March 2, 2024 | seekingalpha.comLaurentian Bank of Canada (LRCDF) Q1 2024 Earnings Call TranscriptFebruary 29, 2024 | theglobeandmail.comLaurentian Bank reports $37.3-million quarterly profit, down from $51.9-million a year earlierFebruary 29, 2024 | ca.finance.yahoo.comLaurentian Bank reports $37.3M Q1 profit, down from $51.9M a year earlierFebruary 28, 2024 | finance.yahoo.com/R E P E A T -- Laurentian Bank to Announce First Quarter 2024 Results on February 29, 2024/February 22, 2024 | forbes.comLaurentian Bank Review 2024: A Well-Rounded Regional BankFebruary 8, 2024 | uk.investing.comLaurentian Bank Of Canada (LB)February 6, 2024 | msn.comU.S. lenders, business groups sue bank regulators over updated fair lending rulesFebruary 2, 2024 | msn.comL.A.'s 'bank to the stars' is fined $65 million for lapses in its risk controlsJanuary 21, 2024 | msn.comToronto Argonauts Trim Down List Of Pending Free Agents, Re-Sign WR Richie SindaniJanuary 21, 2024 | msn.comCanada's banking regulator to deepen focus on money laundering issuesJanuary 9, 2024 | seekingalpha.comLB:CA Laurentian Bank of CanadaSee More Headlines Receive LB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Laurentian Bank of Canada and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/29/2024Ex-Dividend for 5/1 Dividend3/28/2024Dividend Payable5/01/2024Today5/16/2024Next Earnings (Confirmed)5/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorFinancial Services Industry Banks - Regional Sub-IndustryN/A Current SymbolTSE:LB CUSIPN/A CIKN/A Webwww.laurentianbank.ca Phone+1-514-2844500FaxN/AEmployees3,000Year FoundedN/APrice Target and Rating Average Stock Price TargetC$29.01 High Stock Price TargetC$39.00 Low Stock Price TargetC$26.00 Potential Upside/Downside+6.1%Consensus RatingReduce Rating Score (0-4)1.86 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)C$3.55 Trailing P/E Ratio7.70 Forward P/E Ratio7.17 P/E Growth0.76Net IncomeC$154.68 million Net Margins17.33% Pretax MarginN/A Return on Equity5.84% Return on Assets0.34% Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual SalesC$960.71 million Price / Sales1.24 Cash FlowC$167.05 per share Price / Cash Flow0.16 Book ValueC$63.21 per share Price / Book0.43Miscellaneous Outstanding Shares43,730,000Free FloatN/AMarket CapC$1.20 billion OptionableNot Optionable Beta1.28 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Eric Provost (Age 49)President, CEO & Director Comp: $1.18MMr. Yvan Deschamps CPACGA, Executive VP & CFOMr. Sebastien BelairExecutive VP & COOMr. William James Alexander MasonExecutive VP & Chief Risk OfficerMr. Benoit BertrandChief Information OfficerAndrew ChornenkyVice President of Investor RelationsMs. Bindu CudjoeExecutive VP, Chief Legal Officer & Corporate SecretaryMerick SeguinSenior Manager of Media RelationsMs. Macha PohuChief Human Resources OfficerMr. Adam SwinemarSenior Vice President of Digital BankingMore ExecutivesKey CompetitorsVersaBankTSE:VBNKCanadian Western BankTSE:CWBEQBTSE:EQBClairvest GroupTSE:CVGUnited Co.sTSE:UNCView All Competitors LB Stock Analysis - Frequently Asked Questions Should I buy or sell Laurentian Bank of Canada stock right now? 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Laurentian Bank of Canada in the last year. There are currently 3 sell ratings, 10 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" LB shares. View LB analyst ratings or view top-rated stocks. What is Laurentian Bank of Canada's stock price target for 2024? 14 analysts have issued 12-month target prices for Laurentian Bank of Canada's stock. Their LB share price targets range from C$26.00 to C$39.00. On average, they anticipate the company's share price to reach C$29.01 in the next twelve months. This suggests a possible upside of 6.1% from the stock's current price. View analysts price targets for LB or view top-rated stocks among Wall Street analysts. How have LB shares performed in 2024? Laurentian Bank of Canada's stock was trading at C$27.87 at the beginning of the year. Since then, LB shares have decreased by 1.9% and is now trading at C$27.33. View the best growth stocks for 2024 here. When is Laurentian Bank of Canada's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, May 31st 2024. View our LB earnings forecast. How were Laurentian Bank of Canada's earnings last quarter? Laurentian Bank of Canada (TSE:LB) posted its quarterly earnings results on Thursday, February, 29th. The company reported $0.91 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.93 by $0.02. The firm earned $258.34 million during the quarter, compared to analysts' expectations of $257.80 million. Laurentian Bank of Canada had a net margin of 17.33% and a trailing twelve-month return on equity of 5.84%. How often does Laurentian Bank of Canada pay dividends? What is the dividend yield for Laurentian Bank of Canada? Laurentian Bank of Canada declared a quarterly dividend on Thursday, March 28th. Shareholders of record on Wednesday, May 1st will be given a dividend of 0.47 per share on Wednesday, May 1st. This represents a $1.88 dividend on an annualized basis and a dividend yield of 6.88%. The ex-dividend date is Thursday, March 28th. Read our dividend analysis for LB. Is Laurentian Bank of Canada a good dividend stock? Laurentian Bank of Canada (TSE:LB) pays an annual dividend of C$1.88 per share and currently has a dividend yield of 6.89%. LB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 52.96%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for LB. What other stocks do shareholders of Laurentian Bank of Canada own? Based on aggregate information from My MarketBeat watchlists, some companies that other Laurentian Bank of Canada investors own include Xtrackers California Municipal Bond ETF (CA), Hawkins (HWKN), BlackRock (BLK), Endologix (ELGX), Intact Financial (IFC), Constellation Software (CSU), Athabasca Oil (ATH), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW) and NIC (EGOV). How do I buy shares of Laurentian Bank of Canada? Shares of LB stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. This page (TSE:LB) was last updated on 5/16/2024 by MarketBeat.com Staff From Our PartnersHealthcare Takes A Big Step Forward With The Help Of AIThe Bull ReportBiden to Drop BOMBSHELL June 13th?Paradigm PressRed Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!Priority GoldElon to Transform U.S. Economy? Porter & CompanyCharles Payne Demystifies OptionsUnstoppable ProsperityThe most important AI company you've never heard ofManward PressThe #1 Biotech Stock to Watch in 2024 is Attacking Viruses in a Unique WaySmallcaps DailyWATCH: The Truth About InflationBirch Gold Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Laurentian Bank of Canada Please log in to your account or sign up in order to add this asset to your watchlist. 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