Eagle Bancorp (EGBN) Expected to Announce Quarterly Earnings on Wednesday

Eagle Bancorp (NASDAQ:EGBNGet Free Report) is anticipated to post its quarterly earnings results after the market closes on Wednesday, January 22nd. Analysts expect Eagle Bancorp to post earnings of $0.51 per share and revenue of $74,673.00 billion for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Eagle Bancorp (NASDAQ:EGBNGet Free Report) last released its quarterly earnings results on Wednesday, October 23rd. The financial services provider reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.27. Eagle Bancorp had a negative net margin of 5.97% and a positive return on equity of 5.04%. The business had revenue of $180.76 million for the quarter, compared to analysts’ expectations of $80.31 million. During the same quarter in the previous year, the business posted $0.91 earnings per share. On average, analysts expect Eagle Bancorp to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Eagle Bancorp Stock Up 0.6 %

Shares of NASDAQ EGBN opened at $24.64 on Tuesday. The firm has a fifty day simple moving average of $27.37 and a two-hundred day simple moving average of $24.14. The firm has a market capitalization of $744.18 million, a PE ratio of -17.60 and a beta of 1.10. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.06. Eagle Bancorp has a 12 month low of $15.99 and a 12 month high of $30.94.

Analyst Ratings Changes

Several analysts have commented on the stock. Keefe, Bruyette & Woods raised their price objective on shares of Eagle Bancorp from $25.00 to $32.00 and gave the stock a “market perform” rating in a report on Wednesday, December 4th. StockNews.com upgraded Eagle Bancorp from a “sell” rating to a “hold” rating in a research note on Thursday, October 24th. Finally, Piper Sandler initiated coverage on Eagle Bancorp in a research note on Monday, October 21st. They issued a “neutral” rating and a $27.00 price target on the stock.

Get Our Latest Analysis on Eagle Bancorp

Eagle Bancorp Company Profile

(Get Free Report)

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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Earnings History for Eagle Bancorp (NASDAQ:EGBN)

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