EAGLE BANCORP INC
No enriched coverage for $EGBN in the last 7 days.
No SEC Form 4 filings for $EGBN in the last 30 days.
Raymond James Financial has upgraded Eagle Bancorp (NASDAQ:EGBN) to a "strong-buy" rating. This follows other analyst actions including a "strong-buy" from Zacks and an overall "Moderate Buy" consensus. Eagle Bancorp recently surpassed earnings expectations with $0.25 EPS and $80.5M revenue, although it still reports negative return on equity and net margin.
Principal Financial Group Inc. reduced its stake in Eagle Bancorp (NASDAQ:EGBN) by 32.6% in the third quarter, selling 64,598 shares but still owning 133,514 shares valued at $2.7 million. Despite beating earnings and revenue estimates, Eagle Bancorp exhibits weak profitability with negative ROE and net margin, and analysts have a "Hold" rating with an average price target below the current trading price. The company recently paid a quarterly dividend of $0.01 per share, and institutional investors own 78.03% of the stock.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
