LegacyTexas Financial Group (LTXB) Scheduled to Post Quarterly Earnings on Tuesday
LegacyTexas Financial Group (NASDAQ:LTXB) is scheduled to be releasing its earnings data after the market closes on Tuesday, April 23rd. Analysts expect LegacyTexas Financial Group to post earnings of $0.73 per share for the quarter.
LegacyTexas Financial Group (NASDAQ:LTXB) last released its earnings results on Tuesday, January 22nd. The financial services provider reported $0.89 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.83 by $0.06. The company had revenue of $96.56 million for the quarter, compared to analyst estimates of $96.43 million. LegacyTexas Financial Group had a net margin of 33.18% and a return on equity of 13.45%. During the same period in the prior year, the firm earned $0.60 EPS. On average, analysts expect LegacyTexas Financial Group to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.
NASDAQ:LTXB opened at $39.34 on Tuesday. The stock has a market capitalization of $1.91 billion, a price-to-earnings ratio of 13.57, a PEG ratio of 1.20 and a beta of 1.55. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.14 and a current ratio of 1.14. LegacyTexas Financial Group has a 12-month low of $30.18 and a 12-month high of $47.18.
LTXB has been the subject of a number of research analyst reports. BidaskClub raised shares of LegacyTexas Financial Group from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 23rd. Zacks Investment Research raised shares of LegacyTexas Financial Group from a “sell” rating to a “hold” rating in a research report on Tuesday, February 19th. Finally, Stephens downgraded shares of LegacyTexas Financial Group from an “overweight” rating to an “equal weight” rating and set a $45.00 target price for the company. in a research report on Wednesday, March 6th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $45.90.
About LegacyTexas Financial Group
LegacyTexas Financial Group, Inc operates as the holding company for LegacyTexas Bank that provides various banking products and services in the United States. Its deposit products include interest-bearing and non-interest-bearing demand accounts, savings, money market, certificates of deposit, and individual retirement accounts.
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