There Has Been A 5.00% Incline For Landbridge Company LLC. (NYSE: LB). So What’s Next?

Landbridge Company LLC. (NYSE:LB)’s traded shares stood at 0.68 million during the last session. At the close of trading, the stock’s price was $42.04, to imply an increase of 5.00% or $2.0 in intraday trading. The LB share’s 52-week high remains $40.54, putting it 3.57% up since that peak but still an impressive 55.4% since price per share fell to its 52-week low of $18.75. The company has a valuation of $732.76M, with an average of 0.29 million shares in intraday trading volume over the past 10 days and average of 448.41K shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Landbridge Company LLC. (LB), translating to a mean rating of 1.78. Of 11 analyst(s) looking at the stock, 0 analyst(s) give LB a Sell rating. 0 of those analysts rate the stock as Overweight while 3 advise Hold as 8 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.21.

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Landbridge Company LLC. (NYSE:LB) trade information

After registering a 5.00% upside in the last session, Landbridge Company LLC. (LB) has traded red over the past five days. The 5-day price performance for the stock is 17.33%, and 42.27% over 30 days. With these gigs, the year-to-date price performance is 81.60%. Short interest in Landbridge Company LLC. (NYSE:LB) saw shorts transact 0.53 million shares and set a 1.65 days time to cover.

The extremes give us $34 and $100 for target low and target high price respectively. As such, LB has been trading -137.87% off suggested target high and 19.12% from its likely low.

Revenue forecast for the current quarter as set by 7 analysts is 25.95M. Meanwhile, for the current quarter, a total of 6 analyst(s) estimate revenue growth to 33.82M.

LB Dividends

Landbridge Company LLC. has its next earnings report out on 2024-Aug-07. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Landbridge Company LLC. (NYSE:LB)’s Major holders

Landbridge Company LLC. insiders hold 3.18% of total outstanding shares, with institutional holders owning 95.12% of the shares at 98.24% float percentage. In total, 95.12% institutions holds shares in the company.

Going by data provided on Jun 30, 2024 , Ave Maria Focused Fund holds roughly 58.82 shares. This is just over 0.34% of the total shares, with a market valuation of $2.47 million