NASDAQ:LTXB - LegacyTexas Financial Group Stock Price, Price Target & More

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$42.66 +0.17 (+0.40 %)
(As of 06/20/2018 05:49 AM ET)
Previous Close$42.49
Today's Range$42.02 - $42.81
52-Week Range$34.58 - $46.45
Volume229,200 shs
Average Volume210,024 shs
Market Capitalization$2.05 billion
P/E Ratio18.32
Dividend Yield1.51%
Beta1.29
LegacyTexas Financial Group logoLegacyTexas 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

Industry Federal savings institutions
Sub-IndustryThrifts & Mortgage Finance
SectorFinance
SymbolNASDAQ:LTXB
CUSIP92672A10
Phone972-578-5000

Debt

Debt-to-Equity Ratio0.75
Current Ratio1.10
Quick Ratio1.09

Price-To-Earnings

Trailing P/E Ratio18.32
Forward P/E Ratio14.76
P/E Growth1.47

Sales & Book Value

Annual Sales$410.44 million
Price / Sales5.02
Cash Flow$2.3886 per share
Price / Cash17.86
Book Value$19.95 per share
Price / Book2.14

Profitability

EPS (Most Recent Fiscal Year)$2.18
Net Income$89.49 million
Net Margins23.15%
Return on Equity11.46%
Return on Assets1.22%

Miscellaneous

Employees869
Outstanding Shares48,260,000

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 Tuesday, April 17th. Stockholders of record on Monday, April 30th will be paid a dividend of $0.16 per share on Monday, May 14th. This represents a $0.64 annualized dividend and a dividend yield of 1.50%. The ex-dividend date is Friday, April 27th. View LegacyTexas Financial Group's Dividend History.

How were LegacyTexas Financial Group's earnings last quarter?

LegacyTexas Financial Group Inc (NASDAQ:LTXB) announced its quarterly earnings results on Tuesday, April, 17th. The financial services provider reported $0.52 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.71 by $0.19. The financial services provider earned $91.51 million during the quarter, compared to analyst estimates of $89.67 million. LegacyTexas Financial Group had a net margin of 23.15% and a return on equity of 11.46%. During the same quarter in the prior year, the company posted $0.37 EPS. 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 Monday, July, 16th 2018. View Earnings Estimates for LegacyTexas Financial Group.

What price target have analysts set for LTXB?

8 brokers have issued 1-year price objectives for LegacyTexas Financial Group's stock. Their predictions range from $41.00 to $53.00. On average, they anticipate LegacyTexas Financial Group's share price to reach $47.80 in the next twelve months. View Analyst Ratings for LegacyTexas Financial Group.

Are investors shorting LegacyTexas Financial Group?

LegacyTexas Financial Group saw a increase in short interest in May. As of May 15th, there was short interest totalling 1,760,838 shares, an increase of 34.6% from the April 30th total of 1,308,260 shares. Based on an average daily trading volume, of 265,425 shares, the days-to-cover ratio is presently 6.6 days. Currently, 3.9% of the shares of the stock are sold short.

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)

Has LegacyTexas Financial Group been receiving favorable news coverage?

Media stories about LTXB stock have trended somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research group rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. LegacyTexas Financial Group earned a news sentiment score of 0.12 on Accern's scale. They also assigned media coverage about the financial services provider an impact score of 45.99 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Who are LegacyTexas Financial Group's major shareholders?

LegacyTexas Financial Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.71%), Neuberger Berman Group LLC (6.33%), Northern Trust Corp (1.95%), PNC Financial Services Group Inc. (1.68%), American Century Companies Inc. (1.64%) and Wells Fargo & Company MN (1.60%). Company insiders that own LegacyTexas Financial Group stock include Anthony J Levecchio, Arcilia Acosta, Charles D Eikenberg, George A Fisk, Greg Wilkinson, J Mays Davenport, James Brian Mccall, Karen H Oshea, Kevin J Hanigan, Mark L Williamson, Scott A Almy and Thomas S Swiley. View Institutional Ownership Trends for LegacyTexas Financial Group.

Which major investors are selling LegacyTexas Financial Group stock?

LTXB stock was sold by a variety of institutional investors in the last quarter, including Monarch Partners Asset Management LLC, Banc Funds Co. LLC, Neuberger Berman Group LLC, Envestnet Asset Management Inc., Comerica Bank, PNC Financial Services Group Inc., American Century Companies Inc. and Maltese Capital Management LLC. Company insiders that have sold LegacyTexas Financial Group company stock in the last year include Charles D Eikenberg, George A Fisk, Greg Wilkinson, Karen H Oshea and Scott A Almy. View Insider Buying and Selling for LegacyTexas Financial Group.

Which major investors are buying LegacyTexas Financial Group stock?

LTXB stock was acquired by a variety of institutional investors in the last quarter, including Royal Bank of Canada, BlackRock Inc., Impax Asset Management LLC, Elizabeth Park Capital Advisors Ltd., Citadel Advisors LLC, RMB Capital Management LLC, FSI Group LLC and Mendon Capital Advisors Corp. 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 $42.66.

How big of a company is LegacyTexas Financial Group?

LegacyTexas Financial Group has a market capitalization of $2.05 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.

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 (LTXB)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  205 (Vote Outperform)
Underperform Votes:  215 (Vote Underperform)
Total Votes:  420
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 6/20/2018 by MarketBeat.com Staff

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