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NYSE:LB

LandBridge (LB) Stock Price, News & Analysis

LandBridge logo
$76.00 -3.12 (-3.94%)
(As of 11/29/2024 ET)

About LandBridge Stock (NYSE:LB)

Key Stats

Today's Range
$75.18
$80.82
50-Day Range
$39.12
$79.12
52-Week Range
$18.75
$80.82
Volume
394,075 shs
Average Volume
560,212 shs
Market Capitalization
$5.56 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$41.88
Consensus Rating
Moderate Buy

Company Overview

LandBridge Company LLC owns and manages land and resources to support and enhance oil and natural gas development in the United States. It owns surface acres in and around the Delaware Basin in Texas and New Mexico. The company holds a portfolio of oil and gas royalties. It also sells brackish water and other surface composite materials. The company was founded in 2021 and is based in Houston, Texas. LandBridge Company LLC operates as a subsidiary of LandBridge Holdings LLC.

LandBridge Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
23rd Percentile Overall Score

LB MarketRank™: 

LandBridge scored higher than 23% of companies evaluated by MarketBeat, and ranked 194th out of 270 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    LandBridge has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    LandBridge has only been the subject of 4 research reports in the past 90 days.

  • Read more about LandBridge's stock forecast and price target.
  • Earnings Growth

    Earnings for LandBridge are expected to grow by 62.63% in the coming year, from $0.99 to $1.61 per share.

  • Price to Book Value per Share Ratio

    LandBridge has a P/B Ratio of 13.77. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about LandBridge's valuation and earnings.
  • Short Interest

    There is no current short interest data available for LB.
  • Dividend Yield

    LandBridge does not currently pay a dividend.

  • Dividend Growth

    LandBridge does not have a long track record of dividend growth.

  • Short Interest

    There is no current short interest data available for LB.
  • News Sentiment

    LandBridge has a news sentiment score of 0.55. 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 is a lower news sentiment than the 0.81 average news sentiment score of Oils/Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for LandBridge this week, compared to 3 articles on an average week.
  • Search Interest

    14 people have searched for LB on MarketBeat in the last 30 days. This is an increase of 180% compared to the previous 30 days.
  • MarketBeat Follows

    10 people have added LandBridge to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, LandBridge insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    17.83% of the stock of LandBridge is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Read more about LandBridge's insider trading history.
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LB Stock News Headlines

Should You Invest in LandBridge Company LLC (LB)?
Piper Sandler Raises LandBridge (NYSE:LB) Price Target to $79.00
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“Hi, I’m Jeff Brown… Even though I can’t see a thing… I’m about to get in this Cybertruck and drive up to a location just a few miles from here to show you Elon Musk’s next AI product. I promise what happens next will shock you…”
LandBridge Expands Acreage with Texas Basin Acquisition
My 3 Favorite Dividend Stocks For What's Next
See More Headlines

LB Stock Analysis - Frequently Asked Questions

LandBridge's stock was trading at $22.96 on January 1st, 2024. Since then, LB stock has increased by 231.0% and is now trading at $76.00.
View the best growth stocks for 2024 here
.

LandBridge Co LLC (NYSE:LB) issued its quarterly earnings data on Tuesday, May, 18th. The company reported $1.25 earnings per share for the quarter, meeting analysts' consensus estimates of $1.25. The company's quarterly revenue was up 82.8% on a year-over-year basis.
Read the conference call transcript
.

LandBridge subsidiaries include these companies: Bath & Body Works, beautyAvenues, Intimate Brands, Intimate Brands Holding, L Brands (Overseas), L Brands Service Company, L (Overseas) Holdings LP, and others.

LandBridge (LB) raised $246 million in an initial public offering (IPO) on Friday, June 28th 2024. The company issued 14,500,000 shares at a price of $17.00 per share.

LandBridge's lock-up period expires on Wednesday, December 25th. LandBridge had issued 14,500,000 shares in its initial public offering on June 28th. The total size of the offering was $246,500,000 based on an initial share price of $17.00. After the expiration of the company's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

Top institutional shareholders of LandBridge include Horizon Kinetics Asset Management LLC (7.10%), FMR LLC (3.25%), Schwartz Investment Counsel Inc. (0.58%) and Yaupon Capital Management LP (0.37%).
View institutional ownership trends
.

Shares of LB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that LandBridge investors own include NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), Advanced Micro Devices (AMD), AT&T (T), Exxon Mobil (XOM) and Netflix (NFLX).

Company Calendar

Last Earnings
5/18/2021
Today
12/01/2024
Ex-Dividend for 12/19 Dividend
12/05/2024
Dividend Payable
12/19/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/05/2025

Industry, Sector and Symbol

Industry
Oil royalty traders
Sub-Industry
Trading
Fax
N/A
Employees
6
Year Founded
1963

Price Target and Rating

Average Stock Price Target
$41.88
High Stock Price Target
$79.00
Low Stock Price Target
$34.00
Potential Upside/Downside
-44.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
9 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$110.95 million
Book Value
$5.52 per share

Miscellaneous

Free Float
60,109,000
Market Cap
$5.56 billion
Optionable
No Data
Beta
N/A

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This page (NYSE:LB) was last updated on 12/1/2024 by MarketBeat.com Staff
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