Eagle Bancorp, Inc. (NASDAQ:EGBN) Director Dudley C. Dworken sold 2,000 shares of Eagle Bancorp stock in a transaction that occurred on Wednesday, November 15th. The shares were sold at an average price of $67.00, for a total transaction of $134,000.00. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.
Shares of Eagle Bancorp, Inc. (NASDAQ EGBN) opened at $49.95 on Monday. The stock has a market cap of $1,707.19, a P/E ratio of 15.61 and a beta of 0.87. Eagle Bancorp, Inc. has a fifty-two week low of $46.20 and a fifty-two week high of $69.80. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.23.
Eagle Bancorp (NASDAQ:EGBN) last released its earnings results on Wednesday, October 18th. The financial services provider reported $0.87 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.82 by $0.05. The company had revenue of $71.94 million during the quarter, compared to analyst estimates of $72.66 million. Eagle Bancorp had a net margin of 32.40% and a return on equity of 12.37%. The firm’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.72 EPS. analysts predict that Eagle Bancorp, Inc. will post 3.33 earnings per share for the current fiscal year.
Several research analysts have commented on EGBN shares. Zacks Investment Research raised shares of Eagle Bancorp from a “hold” rating to a “buy” rating and set a $69.00 price target on the stock in a research note on Tuesday, August 22nd. Keefe, Bruyette & Woods restated a “hold” rating and set a $64.00 target price on shares of Eagle Bancorp in a report on Tuesday, October 3rd. Finally, Boenning Scattergood reiterated a “buy” rating on shares of Eagle Bancorp in a research note on Thursday, October 19th. One analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company. Eagle Bancorp presently has an average rating of “Hold” and an average price target of $68.50.
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About Eagle Bancorp
Eagle Bancorp, Inc is a bank holding company for EagleBank (the Bank). The Bank is the Company’s principal operating subsidiary. The Bank is a chartered commercial bank. As of December 31, 2016, the Bank operated 21 banking offices: seven in Montgomery County, Maryland; five located in the District of Columbia, and nine in Northern Virginia.
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