Eagle Bancorp (NASDAQ:EGBN - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a research report issued to clients and investors on Friday.

A number of other brokerages have also commented on EGBN. Keefe, Bruyette & Woods decreased their price target 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. Janney Montgomery Scott upgraded shares of Eagle Bancorp from a "neutral" rating to a "buy" rating and set a $24.00 target price on the stock in a research report on Tuesday, June 10th. Piper Sandler decreased their target price on shares of Eagle Bancorp from $25.00 to $21.00 and set a "neutral" rating on the stock in a research report on Monday, April 28th. Finally, Jefferies Financial Group set a $20.00 target price on shares of Eagle Bancorp and gave the stock a "hold" rating in a research report on Wednesday, May 21st. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $21.75.

Get Our Latest Report on EGBN

EGBN traded up $0.07 on Friday, reaching $21.47. The company had a trading volume of 251,480 shares, compared to its average volume of 334,939. Eagle Bancorp has a fifty-two week low of $16.68 and a fifty-two week high of $30.94. The stock has a market cap of $652.19 million, a P/E ratio of -14.31 and a beta of 1.05. The company's fifty day moving average is $18.81 and its 200 day moving average is $21.13. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.87 and a current ratio of 0.87.

Eagle Bancorp (NASDAQ:EGBN - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The financial services provider reported $0.06 EPS for the quarter, missing analysts' consensus estimates of $0.46 by ($0.40). Eagle Bancorp had a negative net margin of 6.52% and a positive return on equity of 4.86%. The company had revenue of $73.86 million during the quarter, compared to analyst estimates of $71.93 million. As a group, analysts predict that Eagle Bancorp will post 2.31 earnings per share for the current fiscal year.

Institutional investors and hedge funds have recently made changes to their positions in the company. LPL Financial LLC boosted its position in shares of Eagle Bancorp by 2.4% during the 4th quarter. LPL Financial LLC now owns 20,246 shares of the financial services provider's stock worth $527,000 after acquiring an additional 467 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Eagle Bancorp by 3.0% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,801 shares of the financial services provider's stock worth $437,000 after acquiring an additional 488 shares in the last quarter. Quantinno Capital Management LP boosted its position in shares of Eagle Bancorp by 5.7% during the 4th quarter. Quantinno Capital Management LP now owns 11,146 shares of the financial services provider's stock worth $290,000 after acquiring an additional 601 shares in the last quarter. CWM LLC boosted its position in shares of Eagle Bancorp by 5.5% during the 1st quarter. CWM LLC now owns 15,287 shares of the financial services provider's stock worth $321,000 after acquiring an additional 802 shares in the last quarter. Finally, Inspire Investing LLC boosted its position in shares of Eagle Bancorp by 5.6% during the 1st quarter. Inspire Investing LLC now owns 16,339 shares of the financial services provider's stock worth $343,000 after acquiring an additional 860 shares in the last quarter. Institutional investors 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Before you consider Eagle Bancorp, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Eagle Bancorp wasn't on the list.

While Eagle Bancorp currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here