NASDAQ:LTXB - LegacyTexas Financial Group Stock Price, News, & Analysis

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$33.65 -1.24 (-3.55 %)
(As of 12/14/2018 04:00 PM ET)
Previous Close$33.65
Today's Range$33.6344 - $34.90
52-Week Range$33.63 - $47.18
Volume313,950 shs
Average Volume198,906 shs
Market Capitalization$1.69 billion
P/E Ratio15.44
Dividend Yield2.52%
Beta1.36
LegacyTexas Financial Group, Inc. operates as the holding company for LegacyTexas Bank that provides various banking products and services in the United States. Its deposit products include interest-bearing and non-interest-bearing demand accounts, savings, money market, certificates of deposit, and individual retirement accounts. The company's lending products comprise commercial and consumer real estate loans; secured and unsecured commercial and industrial loans; permanent loans secured by first and second mortgages on one- to four-family residences; construction and land loans; and secured and unsecured consumer loans, including new and used automobile loans, recreational vehicle loans, and loans secured by savings deposits. It also provides insurance and title services. As of January 23, 2018, the company had 3 administrative offices, 44 full-service branches, and 1 commercial loan production office located in Houston, Texas, as well as a Warehouse Purchase Program office located in Littleton, Colorado. The company was formerly known as ViewPoint Financial Group, Inc. and changed its name to LegacyTexas Financial Group, Inc. in January 2015. LegacyTexas Financial Group, Inc. is headquartered in Plano, Texas.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Federal savings institutions
Sub-IndustryThrifts & Mortgage Finance
SectorFinance
Current SymbolNASDAQ:LTXB
Previous Symbol
CUSIP92672A10
Phone972-578-5000

Debt

Debt-to-Equity Ratio1.03
Current Ratio1.15
Quick Ratio1.15

Price-To-Earnings

Trailing P/E Ratio15.44
Forward P/E Ratio11.89
P/E Growth1.23

Sales & Book Value

Annual Sales$410.44 million
Price / Sales3.98
Cash Flow$2.2938 per share
Price / Cash Flow14.67
Book Value$19.95 per share
Price / Book1.69

Profitability

EPS (Most Recent Fiscal Year)$2.18
Net Income$89.49 million
Net Margins24.77%
Return on Equity12.44%
Return on Assets1.37%

Miscellaneous

Employees869
Outstanding Shares48,490,000
Market Cap$1.69 billion
OptionableOptionable

LegacyTexas Financial Group (NASDAQ:LTXB) Frequently Asked Questions

What is LegacyTexas Financial Group's stock symbol?

LegacyTexas Financial Group trades on the NASDAQ under the ticker symbol "LTXB."

How often does LegacyTexas Financial Group pay dividends? What is the dividend yield for LegacyTexas Financial Group?

LegacyTexas Financial Group declared a quarterly dividend on Wednesday, October 17th. Investors of record on Monday, October 29th will be paid a dividend of $0.22 per share on Friday, November 9th. This represents a $0.88 dividend on an annualized basis and a yield of 2.62%. The ex-dividend date of this dividend is Friday, October 26th. This is an increase from LegacyTexas Financial Group's previous quarterly dividend of $0.16. View LegacyTexas Financial Group's Dividend History.

How were LegacyTexas Financial Group's earnings last quarter?

LegacyTexas Financial Group Inc (NASDAQ:LTXB) released its earnings results on Tuesday, October, 16th. The financial services provider reported $0.92 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.83 by $0.09. The financial services provider earned $98.89 million during the quarter, compared to analysts' expectations of $97.73 million. LegacyTexas Financial Group had a net margin of 24.77% and a return on equity of 12.44%. During the same quarter in the prior year, the firm earned $0.61 earnings per share. View LegacyTexas Financial Group's Earnings History.

When is LegacyTexas Financial Group's next earnings date?

LegacyTexas Financial Group is scheduled to release their next quarterly earnings announcement on Tuesday, January 22nd 2019. View Earnings Estimates for LegacyTexas Financial Group.

What price target have analysts set for LTXB?

8 Wall Street analysts have issued 1 year price targets for LegacyTexas Financial Group's stock. Their forecasts range from $46.00 to $53.00. On average, they anticipate LegacyTexas Financial Group's stock price to reach $48.9167 in the next twelve months. This suggests a possible upside of 45.4% from the stock's current price. View Analyst Price Targets for LegacyTexas Financial Group.

What is the consensus analysts' recommendation for LegacyTexas Financial Group?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LegacyTexas Financial Group in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for LegacyTexas Financial Group.

Has LegacyTexas Financial Group been receiving favorable news coverage?

Media stories about LTXB stock have been trending very negative on Saturday, InfoTrie Sentiment reports. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. LegacyTexas Financial Group earned a media sentiment score of -3.8 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future.

Who are some of LegacyTexas Financial Group's key competitors?

Who are LegacyTexas Financial Group's key executives?

LegacyTexas Financial Group's management team includes the folowing people:
  • Mr. Kevin J. Hanigan, Pres, CEO & Director (Age 61)
  • Mr. John Mays Davenport, Exec. VP, CFO & Principal Accounting Officer (Age 50)
  • Mr. Scott A. Almy, COO, Chief Risk Officer, EVP & Gen. Counsel (Age 51)
  • Mr. Charles D. Eikenberg, Exec. VP of Community Banking (Age 63)
  • Mr. Thomas S. Swiley, Exec. VP & Chief Lending Officer (Age 68)

Who are LegacyTexas Financial Group's major shareholders?

LegacyTexas Financial Group's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.63%), Vanguard Group Inc. (9.37%), Vanguard Group Inc (9.37%), Neuberger Berman Group LLC (5.84%), Dimensional Fund Advisors LP (4.93%) and Massachusetts Financial Services Co. MA (1.81%). Company insiders that own LegacyTexas Financial Group stock include Anthony J Levecchio, Arcilia Acosta, Charles D Eikenberg, George A Fisk, Greg Wilkinson, James Brian Mccall, Karen H Oshea and Scott A Almy. View Institutional Ownership Trends for LegacyTexas Financial Group.

Which institutional investors are selling LegacyTexas Financial Group stock?

LTXB stock was sold by a variety of institutional investors in the last quarter, including American Century Companies Inc., Advisory Research Inc., Neuberger Berman Group LLC, Renaissance Technologies LLC, Broadview Advisors LLC, Wells Fargo & Company MN, Citadel Advisors LLC and First Trust Advisors LP. Company insiders that have sold LegacyTexas Financial Group company stock in the last year include Charles D Eikenberg, George A Fisk, Karen H Oshea and Scott A Almy. View Insider Buying and Selling for LegacyTexas Financial Group.

Which institutional investors are buying LegacyTexas Financial Group stock?

LTXB stock was purchased by a variety of institutional investors in the last quarter, including Clearbridge Investments LLC, Massachusetts Financial Services Co. MA, BlackRock Inc., Teachers Advisors LLC, Hodges Capital Management Inc., Rehmann Capital Advisory Group, Vanguard Group Inc and Vanguard Group Inc.. View Insider Buying and Selling for LegacyTexas Financial Group.

How do I buy shares of LegacyTexas Financial Group?

Shares of LTXB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is LegacyTexas Financial Group's stock price today?

One share of LTXB stock can currently be purchased for approximately $33.65.

How big of a company is LegacyTexas Financial Group?

LegacyTexas Financial Group has a market capitalization of $1.69 billion and generates $410.44 million in revenue each year. The financial services provider earns $89.49 million in net income (profit) each year or $2.18 on an earnings per share basis. LegacyTexas Financial Group employs 869 workers across the globe.

What is LegacyTexas Financial Group's official website?

The official website for LegacyTexas Financial Group is http://www.legacytexasfinancialgroup.com.

How can I contact LegacyTexas Financial Group?

LegacyTexas Financial Group's mailing address is 5851 LEGACY CIRCLE, PLANO TX, 75024. The financial services provider can be reached via phone at 972-578-5000 or via email at [email protected]


MarketBeat Community Rating for LegacyTexas Financial Group (NASDAQ LTXB)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  255 (Vote Outperform)
Underperform Votes:  277 (Vote Underperform)
Total Votes:  532
MarketBeat's community ratings are surveys of what our community members think about LegacyTexas Financial Group and other stocks. Vote "Outperform" if you believe LTXB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LTXB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/15/2018 by MarketBeat.com Staff

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