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In the latest session, Eagle Bancorp Inc (MD) (NASDAQ: EGBN) closed at $19.96 down -10.25% from its previous closing price of $22.24. In other words, the price has decreased by -$10.25 from its previous closing price. On the day, 0.8 million shares were traded. EGBN stock price reached its highest trading level at $21.13 during the session, while it also had its lowest trading level at $18.64.
Ratios:
For a deeper understanding of Eagle Bancorp Inc (MD)’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 671336576 and an Enterprise Value of 1613253248. As of this moment, Eagle’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.92, and their Forward P/E ratio for the next fiscal year is 7.39. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.09. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.88 while its Price-to-Book (P/B) ratio in mrq is 0.48. Its current Enterprise Value per Revenue stands at 6.408.
Stock Price History:
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 -11.82%, while the 200-Day Moving Average is calculated to be -17.12%.
Shares Statistics:
For the past three months, EGBN has traded an average of 308.70K shares per day and 302830 over the past ten days. 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 78.31% stake in the company. Shares short for EGBN as of 1713139200 were 2034647 with a Short Ratio of 6.59, 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
According to the company, the forward annual dividend rate for EGBN is 1.80, from 1.35 in the trailing year. Against a Trailing Annual Dividend Yield of 0.06070144
