Eagle Bancorp (EGBN) Stock Price, News & Analysis

Company Overview

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. In addition, it provides online and mobile banking services; checking and saving accounts; and other deposit services, including cash management services, business sweep accounts, lock boxes, remote deposit captures, account reconciliation services, merchant card services, safety deposit boxes, and automated clearing house origination, as well as after-hours depositories and ATM services. Further, the company offers insurance products and services through a referral program; and treasury management services. The company serves sole proprietors, small and medium-sized businesses, partnerships, corporations, and non-profit organizations and associations, as well as investors. Eagle Bancorp, Inc. was incorporated in 1997 and is headquartered in Bethesda, Maryland.

Key Stats

• Today's Range: $28.61 to $29.70
• 50-Day Range: $21.81 to $29.73
• 52-Week Range: $15.99 to $31.97
• Volume: 169,615 shs
• Average Volume: 254,937 shs
• Market Capitalization: $888.18 million
• P/E Ratio: N/A
• Dividend Yield: 2.24%
• Price Target: $24.50
• Consensus Rating: Hold

Eagle Bancorp Stock Analysis - MarketRank™

Eagle Bancorp scored higher than 31% of companies evaluated by MarketBeat, and ranked 779th out of 920 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Eagle Bancorp has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Eagle Bancorp has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 33.33%

Earnings Growth

Earnings for Eagle Bancorp are expected to grow by 33.33% in the coming year, from $1.68 to $2.24 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Eagle Bancorp is -21.01, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Eagle Bancorp is -21.01, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Eagle Bancorp has a P/B Ratio of 0.72. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.62% of the float of Eagle Bancorp has been sold short.

Short Interest Ratio / Days to Cover

Eagle Bancorp has a short interest ratio ("days to cover") of 5.1.

Change versus previous month

Short interest in Eagle Bancorp has recently increased by 37.82%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Eagle Bancorp pays a meaningful dividend of 2.30%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Eagle Bancorp does not have a long track record of dividend growth.

Dividend Sustainability

Based on earnings estimates, Eagle Bancorp will have a dividend payout ratio of 29.46% next year. This indicates that Eagle Bancorp will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

5.62% of the float of Eagle Bancorp has been sold short.

Short Interest Ratio / Days to Cover

Eagle Bancorp has a short interest ratio ("days to cover") of 5.1.

Change versus previous month

Short interest in Eagle Bancorp has recently increased by 37.82%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 1.72

News Sentiment

Eagle Bancorp has a news sentiment score of 1.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.83 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Eagle Bancorp this week, compared to 3 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Eagle Bancorp insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 3.10% of the stock of Eagle Bancorp is held by insiders.

Percentage Held by Institutions

78.03% of the stock of Eagle Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

EGBN Stock Analysis - Frequently Asked Questions

How have EGBN shares performed this year?

Eagle Bancorp's stock was trading at $30.14 on January 1st, 2024. Since then, EGBN stock has decreased by 2.4% and is now trading at $29.41.
View the best growth stocks for 2024 here.

How were Eagle Bancorp's earnings last quarter?

Eagle Bancorp, Inc. (NASDAQ:EGBN) posted its quarterly earnings data on Wednesday, October, 23rd. The financial services provider reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.27. The financial services provider had revenue of $180.76 million for the quarter, compared to analysts' expectations of $80.31 million. Eagle Bancorp had a positive trailing twelve-month return on equity of 5.04% and a negative net margin of 5.97%.

Does Eagle Bancorp have any subsidiaries?

Eagle Bancorp subsidiaries include Virginia Heritage Bank, and Fidelity & Trust Bank.

Who are Eagle Bancorp's major shareholders?

Eagle Bancorp's top institutional shareholders include State Street Corp (4.96%), Geode Capital Management LLC (2.38%), Hotchkis & Wiley Capital Management LLC (2.05%) and Charles Schwab Investment Management Inc. (1.48%). Insiders that own company stock include Susan G Riel, Janice L Williams, A Leslie Ludwig, Charles Levingston, Ryan Riel, Paul Saltzman, Eric R Newell, Theresa G Laplaca and Lindsey S Rheaume.
View institutional ownership trends.

How do I buy shares of Eagle Bancorp?

Shares of EGBN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Eagle Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Eagle Bancorp investors own include Xtrackers California Municipal Bond ETF (CA), Hawkins (HWKN), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH) and Aegean Marine Petroleum Network (ANW).

Company Calendar

• Ex-Dividend for 10/31 Dividend: 10/21/2024
• Last Earnings: 10/23/2024
• Dividend Payable: 10/31/2024
• Today: 11/24/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 1/22/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:EGBN
• CUSIP: 26894810
• CIK: 1050441
• Web: www.eaglebankcorp.com
• Phone: (301) 986-1800
• Fax: 301-986-8529
• Employees: 500
• Year Founded: 1998

Price Target and Rating

• Average Stock Price Target: $24.50
• High Stock Price Target: $27.00
• Low Stock Price Target: $22.00
• Potential Upside/Downside: -16.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.40)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 17.51
• P/E Growth: N/A
• Net Income: $100.53 million
• Net Margins: -5.97%
• Pretax Margin: -3.56%
• Return on Equity: 5.04%
• Return on Assets: 0.54%

Debt

• Debt-to-Equity Ratio: 0.06
• Current Ratio: 0.86
• Quick Ratio: 0.86

Sales & Book Value

• Annual Sales: $647.06 million
• Price / Sales: 1.37
• Cash Flow: $3.77 per share
• Price / Cash Flow: 7.81
• Book Value: $40.58 per share
• Price / Book: 0.72

Miscellaneous

• Outstanding Shares: 30,200,000
• Free Float: 29,266,000
• Market Cap: $888.18 million
• Optionable: Optionable
• Beta: 1.06