Is Laurentian Bank of Canada stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Laurentian Bank of Canada pays dividends. Last time was Sunday 15th of September 2024 where the investors holding the stock on Monday 9th of September 2024 were paid $0.38725 per share. Over the last 17 times between 2020 and 2024, Laurentian Bank of Canada has paid $4.51029 with an average of $0.27 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Laurentian Bank of Canada 10 years ago, but if you had invested on Wednesday 13th of May 2020 when the price was $8.52, you would have made a profit of $1.570 per share or 18.43%
We do not have enough data to give you this answer.
Laurentian Bank of Canada has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for Laurentian Bank of Canada to be high [0.75 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.