News articles about Eagle Bancorp (NASDAQ:EGBN) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Eagle Bancorp earned a coverage optimism score of 0.08 on Accern’s scale. Accern also gave news headlines about the financial services provider an impact score of 46.6131299381665 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Shares of Eagle Bancorp (NASDAQ:EGBN) traded up $1.00 during mid-day trading on Friday, hitting $63.15. 119,493 shares of the stock traded hands, compared to its average volume of 149,279. The company has a market cap of $2,160.00, a P/E ratio of 21.63 and a beta of 0.84. Eagle Bancorp has a 12-month low of $46.20 and a 12-month high of $69.80. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.23.
Eagle Bancorp (NASDAQ:EGBN) last announced its quarterly earnings data on Wednesday, January 17th. The financial services provider reported $0.88 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.86 by $0.02. The firm had revenue of $84.86 million for the quarter, compared to the consensus estimate of $80.80 million. Eagle Bancorp had a net margin of 28.32% and a return on equity of 12.65%. equities analysts expect that Eagle Bancorp will post 4.43 earnings per share for the current year.
EGBN has been the topic of several analyst reports. Zacks Investment Research upgraded shares of Eagle Bancorp from a “hold” rating to a “strong-buy” rating and set a $71.00 price target on the stock in a research note on Friday, January 12th. Keefe, Bruyette & Woods upgraded shares of Eagle Bancorp from a “market perform” rating to an “outperform” rating in a research note on Monday, December 4th. Boenning Scattergood restated a “buy” rating on shares of Eagle Bancorp in a research report on Thursday, October 19th. Stephens upgraded shares of Eagle Bancorp from an “equal weight” rating to an “overweight” rating and set a $69.00 price objective on the stock in a research report on Friday, January 19th. Finally, BidaskClub upgraded shares of Eagle Bancorp from a “sell” rating to a “hold” rating in a research report on Friday, December 15th. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. Eagle Bancorp has an average rating of “Buy” and a consensus target price of $68.00.
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Eagle Bancorp Company Profile
Eagle Bancorp, Inc is a bank holding company for EagleBank (the Bank). The Bank is the Company’s principal operating subsidiary. The Bank is a chartered commercial bank. As of December 31, 2016, the Bank operated 21 banking offices: seven in Montgomery County, Maryland; five located in the District of Columbia, and nine in Northern Virginia.
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