Eagle Bancorp Inc. (EGBN): Last traded on Friday, June 19

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Eagle Bancorp Inc. (NASDAQ:EGBN) changes shares on Friday trading session, with a change of -0.88% or -$0.28 shares. The trading starts at $32.06 and closed at $31.86 throughout the day. The trading session low price was $30.69 and day high was $33.51 on Friday, June 19. After the session, the Financial sector daily volume shifted to 0.58 million while its average volume is 179.53K. In other hand, the EGBN market cap reached to $1.03B. While, its current target price is $31.58 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -1.25% and up 0.51% for month. Its quarterly performance was 25.27% above, while its half year performance is down -35.47%. EGBN yearly performance stood at negative -41.63% and fall -35.06% for year-to-date. Current recommendation for Eagle Bancorp Inc. is 2.80.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. EGBN EPS (TTM) for 12-month is 3.91. EPS for this year is -5.50%, while for the next year its value is 3.63. Sales growth for the current quarter is 2.89 while its EPS Q/Q reached -28.00%. It has an EPS of 16.50% up for past five years and for the next five years will be up 2.80%.

Let’s take a look on the analyst recommendations on EGBN for the current month and previous month. For the current month, 1 of 5 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 4 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $32.50-$37.00. Average target price for EGBN was reached at $35.38.

Blackrock Inc., Vanguard Group, Inc. (The) and Wasatch Advisors Inc are the top three holders in Eagle Bancorp Inc. (EGBN) stock. On Mar 30, 2020, Blackrock Inc. has 4.84 million shares which valued 146.12 million. On Mar 30, 2020, Vanguard Group, Inc. (The) owned 3.35 million shares which valued at 101.29 million. On Mar 30, 2020, Wasatch Advisors Inc has a total of 3.05 million shares which valued at 92.19 million. In the end, Wasatch Advisors Inc have 9.47% shares outstanding of Eagle Bancorp Inc. (EGBN) on Mar 30, 2020. The insider ownership moved to 1.80% and institutional holding shifted to 73.50%.

The company posted an EPS (TTM) of 3.91. According to the most recent quarter report on (Jun 2020), 4 analysts estimated an average EPS of 0.75, while 1.08 EPS posted a year ago period. Analyst Estimated EPS for EGBN published in the report was 0.58-1.06 during the same period. Comparing with last year, the average estimated EPS was 1.08 which is higher than 0.7 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for EGBN fall -20.90% for period of 200 days. SMA for 50 days was -1.96% which is showing red signal, while SMA-20 was -5.60%. The moving average value for Eagle Bancorp Inc. (EGBN) is 37.89 and 32.34 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in EGBN stock. On May 20, Rheaume Lindsey S, EVP/CLO-C&I, sold 5,627 trading shares at the cost of $30.93, which valued at 0.17 million. On May 19, Rheaume Lindsey S, EVP/CLO-C&I, sold 2,329 shares at the cost of $31.02, with total shares of 15,634. On Sep 06, Marquez Antonio F, EVP/CLO-CRE, sold 2,500 shares at the cost of 41.79. After this transaction, Marquez Antonio F total shares reached to 25,469 which valued at 0.1 million.