During the last session, Landbridge Company LLC (NYSE:LB)’s traded shares were 0.81 million. At the end of the trading day, the stock’s price was $77.46, reflecting an intraday gain of 14.84% or $10.01. The 52-week high for the LB share is $78.41, that puts it down -1.23 from that peak though still a striking 75.79% gain since the share price plummeted to a 52-week low of $18.75. The company’s market capitalization is $1.35B, and the average intraday trading volume over the past 10 days was 0.61 million shares, and the average trade volume was 378.60K shares over the past three months.
Landbridge Company LLC (LB) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.00. LB has a Sell rating from 0 analyst(s) out of 11 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 8 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.31.
Landbridge Company LLC (NYSE:LB) trade information
Landbridge Company LLC (LB) registered a 14.84% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 14.84% in intraday trading to $77.46, hitting a weekly high. The stock’s 5-day price performance is 12.47%, and it has moved by 43.55% in 30 days. The short interest in Landbridge Company LLC (NYSE:LB) is 1.1 million shares and it means that shorts have 3.33 day(s) to cover.
The consensus price target of analysts on Wall Street is $46, which implies a decrease of -68.39% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $34 and $100 respectively. As a result, LB is trading at a discount of -29.1% off the target high and 56.11% off the low.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 35.58M as predicted by 6 analyst(s). Meanwhile, a consensus of 6 analyst(s) estimates revenue growth to 39.91M by the end of current fiscal year.
LB Dividends
Landbridge Company LLC is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Landbridge Company LLC (NYSE:LB)’s Major holders
Landbridge Company LLC insiders own 3.09% of total outstanding shares while institutional holders control 92.48%, with the float percentage being 95.42%.
Also, the Mutual Funds coming in first place with the largest holdings of Landbridge Company LLC (LB) shares are Kinetics Portfolio Trust-Kinetics Master New Paradigm Portfolio and Fidelity Small Cap Value Fund . Data provided on Sep 30, 2024 indicates that Kinetics Portfolio Trust-Kinetics Master New Paradigm Portfolio owns about 898.97 shares. This amounts to just over 5.16 percent of the company’s overall shares, with a $69.63 million market value. The same data shows that the other fund manager holds slightly less at 554.68, or about 3.18% of the stock, which is worth about $42.97 million.
