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

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$44.83 +0.14 (+0.31 %)
(As of 08/17/2018 04:00 PM ET)
Previous Close$44.69
Today's Range$44.46 - $44.90
52-Week Range$34.58 - $46.45
Volume126,000 shs
Average Volume276,284 shs
Market Capitalization$2.10 billion
P/E Ratio20.56
Dividend Yield1.46%
Beta1.43
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

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

Debt

Debt-to-Equity Ratio1.20
Current Ratio1.16
Quick Ratio1.16

Price-To-Earnings

Trailing P/E Ratio20.56
Forward P/E Ratio16.18
P/E Growth1.57

Sales & Book Value

Annual Sales$410.44 million
Price / Sales5.28
Cash Flow$2.4524 per share
Price / Cash18.28
Book Value$19.95 per share
Price / Book2.25

Profitability

EPS (Most Recent Fiscal Year)$2.18
Net Income$89.49 million
Net Margins22.39%
Return on Equity11.24%
Return on Assets1.21%

Miscellaneous

Employees869
Outstanding Shares48,360,000
Market Cap$2.10 billion

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, July 18th. Stockholders of record on Monday, July 30th will be paid a dividend of $0.16 per share on Monday, August 13th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.43%. The ex-dividend date is Friday, July 27th. 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 results on Tuesday, July, 17th. The financial services provider reported $0.59 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.62 by $0.03. The financial services provider had revenue of $94.78 million for the quarter, compared to analyst estimates of $94.05 million. LegacyTexas Financial Group had a return on equity of 11.24% and a net margin of 22.39%. The company's quarterly revenue was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.60 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, October, 23rd 2018. View Earnings Estimates for LegacyTexas Financial Group.

What price target have analysts set for LTXB?

9 analysts have issued 1-year target prices for LegacyTexas Financial Group's shares. Their predictions range from $46.00 to $53.00. On average, they anticipate LegacyTexas Financial Group's share price to reach $48.9167 in the next twelve months. This suggests a possible upside of 9.1% from the stock's current price. View Analyst Price Targets for LegacyTexas Financial Group.

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

9 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 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for LegacyTexas Financial Group.

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?

Press coverage about LTXB stock has been trending positive on Saturday, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. LegacyTexas Financial Group earned a media and rumor sentiment score of 0.27 on Accern's scale. They also gave news articles about the financial services provider an impact score of 48.26 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for LegacyTexas Financial Group.

Who are LegacyTexas Financial Group's major shareholders?

LegacyTexas Financial Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (13.04%), Dimensional Fund Advisors LP (4.99%), American Century Companies Inc. (1.83%), Glenmede Trust Co. NA (1.82%), Victory Capital Management Inc. (1.80%) and PNC Financial Services Group Inc. (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 Citadel Advisors LLC, Cullen Frost Bankers Inc., United Services Automobile Association, Renaissance Technologies LLC, PNC Financial Services Group Inc., Cambiar Investors LLC, LSV Asset Management and Los Angeles Capital Management & Equity Research Inc.. 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 bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., BlackRock Inc., Massachusetts Financial Services Co. MA, Millennium Management LLC, Impax Asset Management LLC, American Century Companies Inc., Broadview Advisors LLC and Envestnet Asset Management 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 $44.83.

How big of a company is LegacyTexas Financial Group?

LegacyTexas Financial Group has a market capitalization of $2.10 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 (NASDAQ LTXB)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  235 (Vote Outperform)
Underperform Votes:  247 (Vote Underperform)
Total Votes:  482
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 8/18/2018 by MarketBeat.com Staff

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