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Eagle Bancorp Inc (MD) (NASDAQ: EGBN) closed the day trading at $18.96 down -2.32% from the previous closing price of $19.41. In other words, the price has decreased by -$2.32 from its previous closing price. On the day, 0.5 million shares were traded. EGBN stock price reached its highest trading level at $19.705 during the session, while it also had its lowest trading level at $18.83.
Ratios:
For a better understanding of EGBN, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 1.37 whereas as Long-Term Debt/Eq ratio is at 1.34.
Gabelli & Co Upgraded its Hold to Buy on January 29, 2021, while the target price for the stock was maintained at $45.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 05 ’24 when Rheaume Lindsey S sold 22,000 shares for $22.98 per share. The transaction valued at 505,501 led to the insider holds 9,075 shares of the business.
Saltzman Paul bought 1,500 shares of EGBN for $35,400 on Nov 14 ’23. The EVP/Chief Legal Officer now owns 12,967 shares after completing the transaction at $23.60 per share. On Nov 10 ’23, another insider, LaPlaca Theresa G., who serves as the Director of the company, sold 3,000 shares for $21.34 each. As a result, the insider received 64,031 and left with 18,291 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EGBN now has a Market Capitalization of 585911360 and an Enterprise Value of 1583067520. As of this moment, Eagle’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.53, and their Forward P/E ratio for the next fiscal year is 7.46. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.84 while its Price-to-Book (P/B) ratio in mrq is 0.45. Its current Enterprise Value per Revenue stands at 6.288.
Stock Price History:
The Beta on a monthly basis for EGBN is 1.03, which has changed by -0.14130437 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, EGBN has reached a high of $31.97, while it has fallen to a 52-week low of $16.72. The 50-Day Moving Average of the stock is -15.70%, while the 200-Day Moving Average is calculated to be -21.17%.
Shares Statistics:
Over the past 3-months, EGBN traded about 320.45K shares per day on average, while over the past 10 days, EGBN traded about 348840 shares per day. A total of 29.93M shares are outstanding, with a floating share count of 28.94M. Insiders hold about 3.30% of the company’s shares, while institutions hold 78.32% stake in the company. Shares short for EGBN as of 1713139200 were 2034647 with a Short Ratio of 6.35, compared to 1710460800 on 2464676. Therefore, it implies a Short% of Shares Outstanding of 2034647 and a Short% of Float of 9.46.
Dividends & Splits
EGBN’s forward annual dividend rate is 1.80, up from 1.8 a year ago. Against a Trailing Annual Dividend Yield of 0.0927357The current Payout Ratio is 54.42% for EGBN, which recently paid a dividend on 2024-04-17 with an ex-dividend date of 1713312000. Stock splits for the company last occurred on 2013-05-29 when the company split stock in a 11:10 ratio.
Earnings Estimates
The current rating of Eagle Bancorp Inc (MD) (EGBN) is the result of assessments by 3.0 analysts actively engaged in evaluating its market dynamics.On average, analysts expect EPS of $0.58 for the current quarter, with a high estimate of $0.6 and a low estimate of $0.55, while EPS last year was $0.94. The consensus estimate for the next quarter is $0.6, with high estimates of $0.66 and low estimates of $0.56.
Analysts are recommending an EPS of between $2.52 and $2.29 for the fiscal current year, implying an average EPS of $2.39. EPS for the following year is $2.7, with 3.0 analysts recommending between $2.85 and $2.45.
Revenue Estimates
2 analysts predict $74.08M in revenue for the current quarter. It ranges from a high estimate of $75.77M to a low estimate of $72.4M. As of the current estimate, Eagle Bancorp Inc (MD)’s year-ago sales were $72.17MFor the next quarter, 2 analysts are estimating revenue of $76.01M. There is a high estimate of $76.52M for the next quarter, whereas the lowest estimate is $75.5M.
A total of 2 analysts have provided revenue estimates for EGBN’s current fiscal year. The highest revenue estimate was $305.19M, while the lowest revenue estimate was $297.5M, resulting in an average revenue estimate of $301.34M. In the same quarter a year ago, actual revenue was $290.55MBased on 2 analysts’ estimates, the company’s revenue will be $325.26M in the next fiscal year. The high estimate is $328.82M and the low estimate is $321.7M.
