Live Oak Bancshares' (NYSE:LOB) Five-year Total Shareholder Returns Outpace the Underlying Earnings Growth
Live Oak Bancshares' (NYSE:LOB) Five-year Total Shareholder Returns Outpace the Underlying Earnings Growth
When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose your money. But on a lighter note, a good company can see its share price rise well over 100%. Long term Live Oak Bancshares, Inc. (NYSE:LOB) shareholders would be well aware of this, since the stock is up 115% in five years. It's also good to see the share price up 11% over the last quarter. The company reported its financial results recently; you can catch up on the latest numbers by reading our company report.
在購買某公司的股票時,你要注意到它可能會破產,進而導致你的虧損。但是一個好的公司的股價可以上漲超過100%。長揸紐交所live oak bancshares股票的股東們肯定深有體會,由於股票上漲了115%,在過去的五年裏。過去的一季度,股價上漲了11%,這也是好的現象。公司最近公佈了業績,你可以查看我們的公司報告以獲得最新數字。
In light of the stock dropping 5.5% in the past week, we want to investigate the longer term story, and see if fundamentals have been the driver of the company's positive five-year return.
鑑於股票在過去一週下跌了5.5%,我們想調查其更長期的情況,並查看基本面是否是該公司五年回報的推動因素。
To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price.
引用巴菲特的話說,「船隻會在世界各地航行,但是持平地球學會會蓬勃發展。在市場上,價格和價值之間將繼續存在巨大的差距……」評估公司周圍情緒變化的一種有缺陷但合理的方法是將每股收益(EPS)與股價進行比較。
Over half a decade, Live Oak Bancshares managed to grow its earnings per share at 25% a year. The EPS growth is more impressive than the yearly share price gain of 16% over the same period. So it seems the market isn't so enthusiastic about the stock these days.
在五年的時間內,live oak bancshares的每股收益增長了25%,而同期的股價上漲只有16%,因此,市場對這支股票的熱情看起來並不高。
You can see below how EPS has changed over time (discover the exact values by clicking on the image).
下面可以看到每股收益隨時間的變化情況(通過點擊圖像來查看確切數值)。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240811/0-3147b0bfcb04c06697c9895ae0648ac2-0-1a33db00cd08206b59a9890b7f424c26.png/big)
It's probably worth noting that the CEO is paid less than the median at similar sized companies. It's always worth keeping an eye on CEO pay, but a more important question is whether the company will grow earnings throughout the years. It might be well worthwhile taking a look at our free report on Live Oak Bancshares' earnings, revenue and cash flow.
值得注意的是,該公司的CEO的薪資低於同類公司的中位數,CEO的薪資一直值得關注,但更重要的問題是,該公司是否會在未來繼續增長收益。你可以查看我們免費的live oak bancshares收益、營收和現金流報告。
What About Dividends?
那麼分紅怎麼樣呢?
As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. In the case of Live Oak Bancshares, it has a TSR of 119% for the last 5 years. That exceeds its share price return that we previously mentioned. And there's no prize for guessing that the dividend payments largely explain the divergence!
除了測量股價回報外,投資者還應考慮股東總回報(TSR)。 TSR是一種回報計算,它考慮了現金股息的價值(假設任何收到的股息都是再投資的)和任何折扣資本募集和分拆的計算價值。因此,在支付豐厚股息的公司中,TSR通常比股價回報高得多。在live oak bancshares的情況下,它的TSR在過去的5年中爲119%,超過了之前提到的股價回報。毫無疑問,股息支付在很大程度上解釋了這種分歧!
A Different Perspective
不同的觀點
Live Oak Bancshares shareholders are up 5.5% for the year (even including dividends). But that return falls short of the market. If we look back over five years, the returns are even better, coming in at 17% per year for five years. It may well be that this is a business worth popping on the watching, given the continuing positive reception, over time, from the market. If you would like to research Live Oak Bancshares in more detail then you might want to take a look at whether insiders have been buying or selling shares in the company.
紐交所live oak bancshares的股東們今年已經獲得了5.5%的回報(包括股息)。但這個回報比市場要低。如果我們回顧過去的5年,回報甚至更好,每年達到17%。考慮到市場持續積極的反響,這可能是一個值得關注的企業。如果你想更詳細地研究live oak bancshares,那麼你可能需要查看公司內部人員是否一直在購買或出售該公司的股票。
We will like Live Oak Bancshares better if we see some big insider buys. While we wait, check out this free list of undervalued stocks (mostly small caps) with considerable, recent, insider buying.
如果我們看到一些大的內部人員買入,我們會更喜歡紐交所live oak bancshares。在此期間,可以查看我們免費的低估股票(主要是小盤股),了解最近內部人員的購買情況。
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges.
請注意,本文所引述的市場回報反映了目前在美國交易所上市的股票的市場加權平均回報。
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這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論,只使用公正的方法論,我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議,也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意,我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。