Eagle Bancorp, Inc. (NASDAQ:EGBN – Get Free Report) CFO Eric R. Newell acquired 572 shares of Eagle Bancorp stock in a transaction on Monday, April 29th. The stock was purchased at an average price of $18.97 per share, with a total value of $10,850.84. Following the purchase, the chief financial officer now owns 18,000 shares of the company’s stock, valued at approximately $341,460. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Eagle Bancorp Trading Up 1.2 %
Shares of EGBN stock opened at $20.03 on Friday. Eagle Bancorp, Inc. has a twelve month low of $16.72 and a twelve month high of $31.97. The company has a current ratio of 1.01, a quick ratio of 0.97 and a debt-to-equity ratio of 1.33. The business’s 50 day moving average is $22.00 and its two-hundred day moving average is $24.07. The company has a market capitalization of $599.48 million, a P/E ratio of 7.98 and a beta of 1.05.
Eagle Bancorp Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Investors of record on Thursday, April 18th were given a $0.45 dividend. The ex-dividend date of this dividend was Wednesday, April 17th. This represents a $1.80 dividend on an annualized basis and a yield of 8.99%. Eagle Bancorp’s dividend payout ratio (DPR) is 71.71%.
Hedge Funds Weigh In On Eagle Bancorp
Analysts Set New Price Targets
Separately, StockNews.com raised shares of Eagle Bancorp from a “sell” rating to a “hold” rating in a report on Friday.
Get Our Latest Research Report on EGBN
About Eagle Bancorp
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.
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