LandBridge (LB) stock in focus as Barclays lifts target after dividend hike, buyback
LandBridge shares slipped 0.35% to $74.18 in Friday premarket trading after a 13.7% surge on Thursday. The company raised its quarterly dividend to 12 cents a share and approved a $50 million buyback through 2027. Fourth-quarter revenue reached $56.8 million, with net income at $18.2 million. Barclays lifted its price target to $75; investor day is set for March 19.