Is Luther Burbank Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NASDAQ: LBC) stock is to Buy LBC stock.
Out of 2 analysts, 1 (50%) are recommending LBC as a Strong Buy, 0 (0%) are recommending LBC as a Buy, 1 (50%) are recommending LBC as a Hold, 0 (0%) are recommending LBC as a Sell, and 0 (0%) are recommending LBC as a Strong Sell.
What is LBC's earnings growth forecast for 2023-2023?
(NASDAQ: LBC) Luther Burbank's forecast annual earnings growth rate of N/A is not forecast to beat the US Banks - Regional industry's average forecast earnings growth rate of N/A, and while it is not forecast to beat the US market's average forecast earnings growth rate of N/A.
Luther Burbank's earnings in 2023 is $89,892,000.
In 2023, LBC is forecast to generate $61,800,272 in earnings, with the lowest earnings forecast at $59,246,542 and the highest earnings forecast at $63,843,256.
What is LBC's revenue growth forecast for 2023-2023?
(NASDAQ: LBC) Luther Burbank's forecast annual revenue growth rate of N/A is not forecast to beat the US Banks - Regional industry's average forecast revenue growth rate of N/A, and while it is not forecast to beat the US market's average forecast revenue growth rate of N/A.
Luther Burbank's revenue in 2023 is $186,330,000.
In 2023, LBC is forecast to generate $8,171,936,800 in revenue, with the lowest revenue forecast at $8,171,936,800 and the highest revenue forecast at $8,171,936,800.
What is LBC's forecast return on assets (ROA) for 2023-2023?
(NASDAQ: LBC) forecast ROA is 0.78%, which is lower than the forecast US Banks - Regional industry average of 15.63%.
What is LBC's Price Target?
According to 2 Wall Street analysts that have issued a 1 year LBC price target, the average LBC price target is $15.00, with the highest LBC stock price forecast at $16.00 and the lowest LBC stock price forecast at $14.00.
On average, Wall Street analysts predict that Luther Burbank's share price could reach $15.00 by Aug 11, 2023. The average Luther Burbank stock price prediction forecasts a potential upside of 24.38% from the current LBC share price of $12.06.
What is LBC's Earnings Per Share (EPS) forecast for 2023-2023?
(NASDAQ: LBC) Luther Burbank's current Earnings Per Share (EPS) is $1.75. In 2023, LBC's EPS is forecast to hit $1.21 (min: $1.16, max: $1.25).
What is LBC's forecast return on equity (ROE) for 2023-2023?
(NASDAQ: LBC) forecast ROE is 9.13%, which is considered weak.
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