NASDAQ:LTXBLegacyTexas Financial Group Stock Price, Forecast & News Notice: This company has been marked as potentially delisted and may not be actively trading. Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding LegacyTexas Financial Group Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $42.54 0.00 (0.00 %) (As of 10/31/2019) Add Compare Share Today's Range$42.29Now: $42.54▼$43.9050-Day Range$42.54MA: $42.99▼$45.2752-Week Range$30.18Now: $42.54▼$45.40Volume14.61 million shsAverage Volume336,575 shsMarket Capitalization$2.09 billionP/E Ratio14.67Dividend Yield2.27%Beta1.54 ProfileAnalyst RatingsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 1.0 Analyst's Opinion Consensus RatingLegacyTexas Financial Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $41.87, LegacyTexas Financial Group has a potential downside of 1.6% from its current price of $42.54.Amount of Analyst CoverageLegacyTexas Financial Group has received no research coverage in the past 90 days. Previous Next 2.3 Community Rank Outperform VotesLegacyTexas Financial Group has received 330 “outperform” votes. (Add your “outperform” vote.)Underperform VotesLegacyTexas Financial Group has received 379 “underperform” votes. (Add your “underperform” vote.)Community SentimentLegacyTexas Financial Group has received 53.46% “underperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipLegacyTexas Financial Group is a leading dividend payer. It pays a dividend yield of 2.27%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthLegacyTexas Financial Group has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of LegacyTexas Financial Group is 34.48 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, LegacyTexas Financial Group will have a dividend payout ratio of 29.94 % next year. This indicates that LegacyTexas Financial Group will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, LegacyTexas Financial Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.90% of the stock of LegacyTexas Financial Group is held by insiders.Percentage Held by Institutions82.87% of the stock of LegacyTexas Financial Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for LegacyTexas Financial Group are expected to grow by 9.51% in the coming year, from $3.05 to $3.34 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of LegacyTexas Financial Group is 14.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.35.Price to Earnings Ratio vs. SectorThe P/E ratio of LegacyTexas Financial Group is 14.67, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.16.Price to Book Value per Share RatioLegacyTexas Financial Group has a P/B Ratio of 1.76. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.0Community Rank: 2.3Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.90 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Federal savings institutions Sub-IndustryThrifts & Mortgage Finance SectorFinance Current SymbolNASDAQ:LTXB Previous Symbol CUSIP92672A10 CIK1487052 Webwww.legacytexasfinancialgroup.com Phone972-578-5000Debt Debt-to-Equity Ratio2.08 Current Ratio1.38 Quick Ratio1.37Price-To-Earnings Trailing P/E Ratio14.67 Forward P/E Ratio13.95 P/E GrowthN/A Sales & Book Value Annual Sales$464.22 million Price / Sales4.50 Cash Flow$2.96 per share Price / Cash Flow14.35 Book Value$24.16 per share Price / Book1.76Profitability EPS (Most Recent Fiscal Year)$2.90 Net Income$154.18 million Net Margins31.86% Return on Equity12.61% Return on Assets1.48%Miscellaneous EmployeesN/A Outstanding Shares49,160,000Market Cap$2.09 billion Next Earnings DateN/A OptionableOptionable Receive LTXB News and Ratings via Email Sign-up to receive the latest news and ratings for LTXB and its competitors with MarketBeat's FREE daily newsletter. LegacyTexas Financial Group (NASDAQ:LTXB) Frequently Asked Questions Do Wall Street analysts recommend investors buy shares of 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 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for LegacyTexas Financial Group. How were LegacyTexas Financial Group's earnings last quarter? LegacyTexas Financial Group Inc (NASDAQ:LTXB) announced its quarterly earnings data on Wednesday, October, 23rd. The financial services provider reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.05. The financial services provider had revenue of $98.69 million for the quarter, compared to analysts' expectations of $102.73 million. LegacyTexas Financial Group had a net margin of 31.86% and a return on equity of 12.61%. View LegacyTexas Financial Group's earnings history. 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, July 24th. Shareholders of record on Monday, August 5th will be paid a dividend of $0.25 per share on Monday, August 19th. This represents a $1.00 annualized dividend and a yield of 2.35%. The ex-dividend date of this dividend is Friday, August 2nd. View LegacyTexas Financial Group's dividend history. What price target have analysts set for LTXB? 5 brokers have issued 12 month price objectives for LegacyTexas Financial Group's shares. Their forecasts range from $39.05 to $43.50. On average, they expect LegacyTexas Financial Group's stock price to reach $41.87 in the next twelve months. This suggests that the stock has a possible downside of 1.6%. View analysts' price targets for LegacyTexas Financial Group. Has LegacyTexas Financial Group been receiving favorable news coverage? News headlines about LTXB stock have been trending very negative on Saturday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. LegacyTexas Financial Group earned a daily sentiment score of -3.5 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an effect on the company's share price in the next few days. View the latest news aboutLegacyTexas Financial Group. Who are some of LegacyTexas Financial Group's key competitors? Some companies that are related to LegacyTexas Financial Group include People's United Financial (PBCT), New York Community Bancorp (NYCB), TFS Financial (TFSL), Lendingtree (TREE), MGIC Investment (MTG), Radian Group (RDN), Washington Federal (WAFD), Capitol Federal Financial (CFFN), Simply Good Foods (SMPL), WSFS Financial (WSFS), EverBank Financial (EVER), Northwest Bancshares (NWBI), Walker & Dunlop (WD), OceanFirst Financial (OCFC) and Provident Financial Services (PFS). View all 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), Southwest Airlines (LUV), Allison Transmission (ALSN), ANI Pharmaceuticals (ANIP), AON (AON), Ashland Global (ASH), Coupa Software (COUP), Dicks Sporting Goods (DKS) and Intel (INTC). Who are LegacyTexas Financial Group's key executives? LegacyTexas Financial Group's management team includes the following 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) What is LegacyTexas Financial Group's stock symbol? LegacyTexas Financial Group trades on the NASDAQ under the ticker symbol "LTXB." What is LegacyTexas Financial Group's stock price today? One share of LTXB stock can currently be purchased for approximately $42.54. How big of a company is LegacyTexas Financial Group? LegacyTexas Financial Group has a market capitalization of $2.09 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 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] This page was last updated on 5/30/2020 by MarketBeat.com Staff
