Eagle Bancorp (EGBN) Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Eagle Bancorp in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" EGBN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EGBN, but not buy additional shares or sell existing shares.
View EGBN analyst ratings or view top-rated stocks.

2 Wall Street analysts have issued 1-year price objectives for Eagle Bancorp's shares. Their EGBN share price forecasts range from $30.00 to $38.00. On average, they anticipate the company's share price to reach $34.00 in the next year. This suggests a possible upside of 59.3% from the stock's current price.
View analysts price targets for EGBN or view top-rated stocks among Wall Street analysts.

Eagle Bancorp's stock was trading at $44.07 at the start of the year. Since then, EGBN shares have decreased by 51.6% and is now trading at $21.35.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 18th 2023.
View our EGBN earnings forecast.

Eagle Bancorp, Inc. (NASDAQ:EGBN) posted its earnings results on Wednesday, July, 26th. The financial services provider reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.23. The financial services provider earned $80.41 million during the quarter, compared to analysts' expectations of $74.15 million. Eagle Bancorp had a net margin of 23.63% and a trailing twelve-month return on equity of 10.79%.

Eagle Bancorp announced a quarterly dividend on Wednesday, June 28th. Investors of record on Thursday, July 20th will be paid a dividend of $0.45 per share on Friday, July 28th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 8.43%. The ex-dividend date of this dividend is Wednesday, July 19th.
Read our dividend analysis for EGBN.

ETFs with the largest weight of Eagle Bancorp (NASDAQ:EGBN) stock in their portfolio include First Trust SMID Cap Rising Dividend Archievers ETF (SDVY), First Trust Small Cap Value AlphaDEX Fund (FYT), WBI Power Factor High Dividend ETF (WBIY) and First Trust Small Cap Core AlphaDEX Fund (FYX).Inspire Small/Mid Cap ETF (ISMD).

Eagle Bancorp (NASDAQ:EGBN) pays an annual dividend of $1.80 per share and currently has a dividend yield of 8.29%. EGBN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 42.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EGBN will have a dividend payout ratio of 61.86% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EGBN.

21 employees have rated Eagle Bancorp Chief Executive Officer Susan Riel on Glassdoor.com. Susan Riel has an approval rating of 100% among the company's employees. This puts Susan Riel in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 67.0% of employees surveyed would recommend working at Eagle Bancorp to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Eagle Bancorp investors own include CA (CA), Hawkins (HWKN), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), Aegean Marine Petroleum Network (ANW), NIC (EGOV), Precision Drilling (PD) and Och-Ziff Capital Management Group (OZM).

Eagle Bancorp trades on the NASDAQ under the ticker symbol "EGBN."

Eagle Bancorp's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.50%), State Street Corp (5.91%), Dimensional Fund Advisors LP (4.04%), Geode Capital Management LLC (2.06%), Bank of New York Mellon Corp (1.42%) and Charles Schwab Investment Management Inc. (1.37%). Insiders that own company stock include A Leslie Ludwig, Antonio F Marquez, Charles Levingston, Paul Saltzman, Ryan Riel and Susan G Riel.
View institutional ownership trends.

Shares of EGBN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of EGBN stock can currently be purchased for approximately $21.35.

Eagle Bancorp (NASDAQ:EGBN) has a market capitalization of $638.58 million and generates $448.27 million in revenue each year. The financial services provider earns $140.93 million in net income (profit) each year or $4.20 on an earnings per share basis.

The company employs 465 workers across the globe.

Eagle Bancorp's mailing address is 7830 Old Georgetown Road Third Floor, Bethesda MD, 20814. The official website for the company is www.eaglebankcorp.com. The financial services provider can be reached via phone at (301) 986-1800, via email at mflynn@eaglebankcorp.com, or via fax at 301-986-8529.