Eagle Bancorp, Inc. (NASDAQ:EGBN) has been assigned an average recommendation of “Hold” from the ten research firms that are covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is $64.00.

Several equities research analysts have commented on the stock. Zacks Investment Research lowered shares of Eagle Bancorp from a “hold” rating to a “sell” rating in a research report on Thursday, March 21st. Keefe, Bruyette & Woods lowered shares of Eagle Bancorp from an “outperform” rating to a “market perform” rating in a report on Thursday, January 17th. Boenning Scattergood restated a “buy” rating on shares of Eagle Bancorp in a report on Thursday, January 17th. BidaskClub lowered shares of Eagle Bancorp from a “buy” rating to a “hold” rating in a report on Friday, March 1st. Finally, ValuEngine upgraded shares of Eagle Bancorp from a “sell” rating to a “hold” rating in a report on Wednesday, February 20th.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. LS Investment Advisors LLC acquired a new stake in Eagle Bancorp during the 4th quarter worth approximately $45,000. Ladenburg Thalmann Financial Services Inc. grew its position in Eagle Bancorp by 39.3% in the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,010 shares of the financial services provider’s stock valued at $51,000 after acquiring an additional 285 shares in the last quarter. First Manhattan Co. acquired a new stake in Eagle Bancorp in the fourth quarter valued at approximately $53,000. Flinton Capital Management LLC acquired a new stake in Eagle Bancorp in the fourth quarter valued at approximately $80,000. Finally, Neuburgh Advisers LLC acquired a new stake in Eagle Bancorp in the fourth quarter valued at approximately $98,000. 79.47% of the stock is owned by institutional investors.

NASDAQ EGBN traded up $0.75 during trading on Monday, hitting $55.96. 554 shares of the company’s stock traded hands, compared to its average volume of 216,974. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.22. Eagle Bancorp has a 12-month low of $45.15 and a 12-month high of $65.42. The firm has a market cap of $1.91 billion, a price-to-earnings ratio of 12.70, a PEG ratio of 1.53 and a beta of 0.98.

Eagle Bancorp (NASDAQ:EGBN) last posted its quarterly earnings results on Wednesday, April 17th. The financial services provider reported $1.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.13 by ($0.02). Eagle Bancorp had a net margin of 34.72% and a return on equity of 14.28%. The business had revenue of $81.02 million for the quarter, compared to analysts’ expectations of $82.25 million. During the same quarter in the previous year, the company earned $1.04 earnings per share. The business’s quarterly revenue was up 6.9% on a year-over-year basis. Equities analysts expect that Eagle Bancorp will post 4.58 earnings per share for the current fiscal year.

Eagle Bancorp Company Profile

Eagle Bancorp, Inc operates as the bank holding company for EagleBank that provides commercial and consumer banking services primarily in the United States. It accepts business and personal checking, NOW, tiered savings, and money market accounts, as well as individual retirement and investment sweep accounts; and time deposits.

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Analyst Recommendations for Eagle Bancorp (NASDAQ:EGBN)

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