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

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$39.88 +0.31 (+0.78 %)
(As of 05/22/2019 06:42 AM ET)
Previous Close$39.57
Today's Range$39.76 - $40.25
52-Week Range$30.18 - $47.18
Volume172,771 shs
Average Volume302,847 shs
Market Capitalization$1.94 billion
P/E Ratio13.75
Dividend Yield2.53%
Beta1.55
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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$464.22 million
Cash Flow$3.0843 per share
Book Value$23.02 per share

Profitability

Net Income$154.18 million

Miscellaneous

EmployeesN/A
Market Cap$1.94 billion
Next Earnings Date7/16/2019 (Estimated)
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 announced a quarterly dividend on Wednesday, April 24th. Investors of record on Monday, May 6th will be given a dividend of $0.25 per share on Monday, May 20th. This represents a $1.00 dividend on an annualized basis and a yield of 2.51%. The ex-dividend date of this dividend is Friday, May 3rd. View LegacyTexas Financial Group's Dividend History.

How were LegacyTexas Financial Group's earnings last quarter?

LegacyTexas Financial Group Inc (NASDAQ:LTXB) posted its quarterly earnings data on Tuesday, April, 23rd. The financial services provider reported $0.61 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.73 by $0.12. The financial services provider had revenue of $91.06 million for the quarter, compared to analysts' expectations of $94.48 million. LegacyTexas Financial Group had a return on equity of 13.43% and a net margin of 33.36%. During the same period in the prior year, the firm posted $0.52 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, July 16th 2019. View Earnings Estimates for LegacyTexas Financial Group.

What price target have analysts set for LTXB?

5 Wall Street analysts have issued 1 year target prices for LegacyTexas Financial Group's stock. Their predictions range from $43.00 to $49.50. On average, they anticipate LegacyTexas Financial Group's share price to reach $45.8750 in the next year. This suggests a possible upside of 15.0% from the stock's current price. View Analyst Price Targets for LegacyTexas Financial Group.

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

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LegacyTexas Financial Group in the last year. There are currently 2 hold ratings and 3 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?

News headlines about LTXB stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. LegacyTexas Financial Group earned a coverage optimism score of -1.8 on InfoTrie's scale. They also gave media coverage about the financial services provider a news buzz of 10.0 out of 10, indicating 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?

What other stocks do shareholders of LegacyTexas Financial Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other LegacyTexas Financial Group investors own include Procter & Gamble (PG), Blackstone Mortgage Trust (BXMT), ANI Pharmaceuticals (ANIP), Vistagen Therapeutics (VTGN), Allison Transmission (ALSN), Southwest Airlines (LUV), Thermo Fisher Scientific (TMO), Autodesk (ADSK), Coupa Software (COUP) and FOX (FOX).

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 62)
  • Mr. John Mays Davenport, Exec. VP & CFO (Age 51)
  • Mr. Scott A. Almy, Exec. VP, COO, Chief Risk Officer & Gen. Counsel (Age 52)
  • Mr. Charles D. Eikenberg, Exec. VP of Community Banking (Age 64)
  • Mr. Thomas S. Swiley, Exec. VP & Chief Lending Officer (Age 69)

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 investors include BlackRock Inc. (13.86%), Neuberger Berman Group LLC (5.47%), Goldman Sachs Group Inc. (4.96%), Dimensional Fund Advisors LP (4.92%), Westwood Holdings Group Inc. (1.73%) and Victory Capital Management Inc. (1.56%). 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 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 Morgan Stanley, Hodges Capital Management Inc., Renaissance Technologies LLC, Dean Investment Associates LLC, Victory Capital Management Inc., Neuberger Berman Group LLC, Kennedy Capital Management Inc. and Comerica Bank. Company insiders that have sold LegacyTexas Financial Group company stock in the last year include Charles D Eikenberg, George A Fisk, J Mays Davenport, James Brian Mccall 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 Westwood Holdings Group Inc., BNP Paribas Arbitrage SA, Marshall Wace LLP, Goldman Sachs Group Inc., Geode Capital Management LLC, Los Angeles Capital Management & Equity Research Inc., Charles Schwab Investment Management Inc. and California Public Employees Retirement System. 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 $39.88.

How big of a company is LegacyTexas Financial Group?

LegacyTexas Financial Group has a market capitalization of $1.94 billion and generates $464.22 million in revenue each year. The financial services provider earns $154.18 million in net income (profit) each year or $2.90 on an earnings per share basis.

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:  2.3 out of 5 (star star)
Outperform Votes:  278 (Vote Outperform)
Underperform Votes:  316 (Vote Underperform)
Total Votes:  594
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 5/22/2019 by MarketBeat.com Staff

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