News headlines about Luther Burbank (NASDAQ:LBC) have been trending somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Luther Burbank earned a media sentiment score of 0.24 on Accern’s scale. Accern also gave news articles about the company an impact score of 45.299993683084 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
LBC has been the subject of a number of research analyst reports. Zacks Investment Research lowered shares of Luther Burbank from a “buy” rating to a “hold” rating in a research report on Thursday, March 29th. Sandler O’Neill reissued a “hold” rating and set a $13.00 target price on shares of Luther Burbank in a research report on Thursday, March 29th.
Luther Burbank stock traded up $0.16 on Tuesday, reaching $12.00. 5,226 shares of the stock were exchanged, compared to its average volume of 153,587. The firm has a market cap of $661.77 and a price-to-earnings ratio of 8.37. The company has a debt-to-equity ratio of 2.08, a current ratio of 1.29 and a quick ratio of 1.29. Luther Burbank has a twelve month low of $11.02 and a twelve month high of $13.60.
Luther Burbank (NASDAQ:LBC) last released its earnings results on Thursday, January 25th. The company reported $0.27 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.23 by $0.04. The firm had revenue of $29.05 million for the quarter, compared to analyst estimates of $28.70 million. sell-side analysts expect that Luther Burbank will post 0.78 earnings per share for the current year.
ILLEGAL ACTIVITY NOTICE: This report was originally published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this report on another domain, it was illegally stolen and republished in violation of international copyright & trademark laws. The legal version of this report can be viewed at https://www.dispatchtribunal.com/2018/04/17/luther-burbank-lbc-earning-somewhat-positive-news-coverage-report-shows.html.
About Luther Burbank
Luther Burbank Corp. operates as a bank holding company. The company operates through its subsidiary, Luther Burbank Savings. It accepts deposits from general public and invests those funds in real estate loans, including permanent mortgage and construction loan. Luther Burbank was founded on May 14, 1991 and is headquartered in Santa Rosa, CA.
Receive News & Ratings for Luther Burbank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Luther Burbank and related companies with MarketBeat.com's FREE daily email newsletter.