Several other research firms have also weighed in on EGBN. Janney Montgomery Scott upgraded shares of Eagle Bancorp from a “neutral” rating to a “buy” rating and set a $24.00 price objective on the stock in a research note on Tuesday, June 10th. Keefe, Bruyette & Woods lowered their price objective on shares of Eagle Bancorp from $25.00 to $22.00 and set a “market perform” rating on the stock in a research note on Monday, April 28th. Jefferies Financial Group set a $20.00 price objective on shares of Eagle Bancorp and gave the stock a “hold” rating in a research note on Wednesday, May 21st. Finally, Piper Sandler lowered their price objective on shares of Eagle Bancorp from $25.00 to $21.00 and set a “neutral” rating on the stock in a research note on Monday, April 28th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $21.75.

Get Our Latest Report on Eagle Bancorp

Shares of EGBN stock opened at $17.57 on Friday. Eagle Bancorp has a 12-month low of $15.99 and a 12-month high of $30.94. The firm has a market capitalization of $533.72 million, a price-to-earnings ratio of -11.19 and a beta of 1.03. The company has a quick ratio of 0.86, a current ratio of 0.88 and a debt-to-equity ratio of 0.06. The firm has a fifty day moving average of $18.57 and a 200-day moving average of $22.55.

Eagle Bancorp (NASDAQ:EGBN – Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The financial services provider reported $0.06 EPS for the quarter, missing the consensus estimate of $0.46 by ($0.40). Eagle Bancorp had a positive return on equity of 4.68% and a negative net margin of 6.65%. The business had revenue of $73.86 million for the quarter, compared to the consensus estimate of $71.93 million. On average, equities research analysts forecast that Eagle Bancorp will post 2.31 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, May 16th. Investors of record on Monday, May 5th were paid a $0.165 dividend. The ex-dividend date was Monday, May 5th. This represents a $0.66 dividend on an annualized basis and a yield of 3.76%. Eagle Bancorp’s dividend payout ratio (DPR) is currently -44.00%.

A number of institutional investors and hedge funds have recently bought and sold shares of EGBN. Smartleaf Asset Management LLC grew its position in shares of Eagle Bancorp by 353.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 994 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 775 shares in the last quarter. Millstone Evans Group LLC bought a new stake in shares of Eagle Bancorp in the fourth quarter valued at approximately $59,000. Russell Investments Group Ltd. boosted its stake in shares of Eagle Bancorp by 42.0% in the fourth quarter. Russell Investments Group Ltd. now owns 3,153 shares of the financial services provider’s stock valued at $82,000 after buying an additional 933 shares during the period. Oppenheimer & Co. Inc. bought a new stake in shares of Eagle Bancorp in the fourth quarter valued at approximately $212,000. Finally, Graham Capital Management L.P. bought a new stake in shares of Eagle Bancorp in the fourth quarter valued at approximately $220,000. Institutional investors and hedge funds own 78.03% of the company’s stock.

(Get Free Report)

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.

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eagle Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.