LB Stock Summary and Trading Ideas (Landbridge Company Llc Class A Shares Representing Limited Liability Company Interests | NYSE:LB)

LandBridge Co LLC is engaged in managing land and resources to support and promote oil and natural gas development. It generate revenue streams from the use of its surface acreage, the sale of resources from land and oil and gas royalties.

Landbridge Company Llc Class A Shares Representing Limited Liability Company Interests trades on the NYSE stock market under the symbol LB.

As of December 16, 2024, LB stock price declined to $59.15 with 266,907 million shares trading.

LB has a beta of 3.06, meaning it tends to be more sensitive to market movements. LB has a correlation of 0.34 to the broad based SPY ETF.

LB has a market cap of $1.03 billion. This is considered a Small Cap stock.

Last quarter Landbridge Company Llc Class A Shares Representing Limited Liability Company Interests reported $28 million in Revenue and -$.04 earnings per share. This fell short of revenue expectation by $-5 million and missed earnings estimates by -$.30.

The top ETF exchange traded funds that LB belongs to (by Net Assets): INFL, FREL, BCDF, JSMD, JSML.

LB support price is $56.87 and resistance is $63.59 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LB shares will trade within this expected range on the day.