Analysts expect Eagle Bancorp, Inc. (NASDAQ:EGBN – Get Rating) to post $1.16 earnings per share for the current fiscal quarter, Zacks reports. Three analysts have issued estimates for Eagle Bancorp’s earnings. The highest EPS estimate is $1.17 and the lowest is $1.14. Eagle Bancorp posted earnings per share of $1.50 during the same quarter last year, which would indicate a negative year-over-year growth rate of 22.7%. The company is scheduled to announce its next earnings results on Monday, January 1st.
According to Zacks, analysts expect that Eagle Bancorp will report full-year earnings of $4.78 per share for the current fiscal year, with EPS estimates ranging from $4.50 to $5.12. For the next financial year, analysts forecast that the firm will report earnings of $5.07 per share, with EPS estimates ranging from $4.80 to $5.30. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research firms that cover Eagle Bancorp.
Eagle Bancorp (NASDAQ:EGBN – Get Rating) last announced its quarterly earnings data on Wednesday, April 20th. The financial services provider reported $1.42 earnings per share for the quarter, topping the consensus estimate of $1.06 by $0.36. Eagle Bancorp had a return on equity of 13.63% and a net margin of 45.21%. During the same quarter in the previous year, the company posted $1.36 earnings per share.
Several institutional investors and hedge funds have recently modified their holdings of EGBN. Point72 Hong Kong Ltd acquired a new position in shares of Eagle Bancorp in the 3rd quarter valued at approximately $42,000. Pinebridge Investments L.P. acquired a new position in Eagle Bancorp during the 4th quarter worth approximately $76,000. Captrust Financial Advisors boosted its position in Eagle Bancorp by 17.7% during the 3rd quarter. Captrust Financial Advisors now owns 1,354 shares of the financial services provider’s stock worth $78,000 after acquiring an additional 204 shares during the last quarter. Widmann Financial Services Inc. acquired a new position in Eagle Bancorp during the 4th quarter worth approximately $125,000. Finally, CIBC Asset Management Inc acquired a new position in Eagle Bancorp during the 3rd quarter worth approximately $204,000. Institutional investors and hedge funds own 73.83% of the company’s stock.
NASDAQ:EGBN traded down $0.72 on Tuesday, hitting $49.34. 167,369 shares of the stock were exchanged, compared to its average volume of 150,403. The firm has a market capitalization of $1.58 billion, a PE ratio of 8.84 and a beta of 0.98. Eagle Bancorp has a 52 week low of $48.55 and a 52 week high of $63.84. The business has a 50-day moving average of $55.75. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.06.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 29th. Investors of record on Monday, April 11th were given a $0.40 dividend. The ex-dividend date was Friday, April 8th. This represents a $1.60 annualized dividend and a dividend yield of 3.24%. Eagle Bancorp’s dividend payout ratio is presently 28.67%.
Eagle Bancorp Company Profile (Get Rating)
Eagle Bancorp, Inc operates as the bank holding company for EagleBank that provides commercial and consumer banking services primarily in the United States. The company also offers various commercial and consumer lending products comprising commercial loans for working capital, equipment purchases, real estate lines of credit, and government contract financing; asset based lending and accounts receivable financing; construction and commercial real estate loans; business equipment financing; consumer home equity lines of credit, personal lines of credit, and term loans; consumer installment loans, such as auto and personal loans; personal credit cards; and residential mortgage loans.
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