Live Oak Bancshares (NYSE:LOB) Stock Price Down 7.2% – What’s Next?

Posted by George Bondi on Oct 7th, 2026

Live Oak Bancshares, Inc. (NYSE:LOB – Get Free Report)’s share price traded down 7.2% during mid-day trading on Wednesday. The stock traded as low as $33.88 and last traded at $33.85. 201,174 shares changed hands during trading, a decline of 25% from the average session volume of 267,718 shares. The stock had previously closed at $36.49.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Piper Sandler cut their price target on shares of Live Oak Bancshares from $46.00 to $38.00 and set a “neutral” rating for the company in a report on Wednesday. Cantor Fitzgerald raised their price target on Live Oak Bancshares from $44.00 to $45.00 and gave the company a “neutral” rating in a report on Wednesday, August 19th. Zacks Research cut Live Oak Bancshares from a “strong-buy” rating to a “hold” rating in a report on Monday, August 31st. TD Cowen reduced their price target on shares of Live Oak Bancshares from $49.00 to $44.00 and set a “buy” rating on the stock in a research report on Monday. Finally, Keefe, Bruyette & Woods raised their price objective on shares of Live Oak Bancshares from $45.00 to $47.00 and gave the company an “outperform” rating in a research report on Friday, July 24th. Two research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $43.50.

Read Our Latest Report on LOB

Live Oak Bancshares Trading Down 7.0%

The company has a market capitalization of $1.57 billion, a P/E ratio of 11.92 and a beta of 1.94. The business has a 50 day moving average price of $39.94 and a 200 day moving average price of $38.56.

Live Oak Bancshares (NYSE:LOB – Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The company reported $0.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.64 by $0.10. The firm had revenue of $156.15 million during the quarter. Live Oak Bancshares had a net margin of 12.68% and a return on equity of 11.77%. On average, analysts forecast that Live Oak Bancshares, Inc. will post 3.07 EPS for the current fiscal year.

Live Oak Bancshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were issued a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Tuesday, September 1st. Live Oak Bancshares’s payout ratio is 4.23%.

Insiders Place Their Bets

In related news, Director David Lucht sold 2,000 shares of the stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $44.36, for a total transaction of $88,720.00. Following the completion of the sale, the director directly owned 13,623 shares of the company’s stock, valued at approximately $604,316.28. This represents a 12.80% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Tonya Bradford sold 1,600 shares of the company’s stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $39.89, for a total transaction of $63,824.00. Following the completion of the transaction, the director owned 8,043 shares of the company’s stock, valued at $320,835.27. This trade represents a 16.59% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 29,654 shares of company stock valued at $1,240,814 in the last quarter. 22.40% of the stock is owned by company insiders.

Institutional Investors Weigh In On Live Oak Bancshares

A number of hedge funds and other institutional investors have recently bought and sold shares of LOB. Versant Capital Management Inc boosted its position in Live Oak Bancshares by 98.9% during the 3rd quarter. Versant Capital Management Inc now owns 2,080 shares of the company’s stock worth $75,000 after acquiring an additional 1,034 shares during the last quarter. Engineers Gate Manager LP grew its stake in Live Oak Bancshares by 26.4% in the second quarter. Engineers Gate Manager LP now owns 15,215 shares of the company’s stock valued at $621,000 after purchasing an additional 3,180 shares in the last quarter. Benjamin Edwards Inc. increased its position in shares of Live Oak Bancshares by 3.1% during the 2nd quarter. Benjamin Edwards Inc. now owns 16,857 shares of the company’s stock worth $688,000 after purchasing an additional 499 shares during the last quarter. Hsbc Holdings PLC bought a new stake in shares of Live Oak Bancshares during the 2nd quarter worth approximately $326,000. Finally, Empowered Funds LLC acquired a new stake in shares of Live Oak Bancshares in the 2nd quarter valued at approximately $3,643,000. Institutional investors and hedge funds own 63.95% of the company’s stock.

About Live Oak Bancshares

(Get Free Report)

Live Oak Bancshares, Inc is a financial holding company headquartered in Wilmington, North Carolina. Through its principal subsidiary, Live Oak Bank, the company provides banking and financial services to small and middle-market businesses, professionals, entrepreneurs and individuals.

Live Oak Bank is known for its specialized lending model, including Small Business Administration (SBA) loans and financing for businesses in industries such as veterinary medicine, healthcare, agriculture, investment advisory and government contracting.