How were LegacyTexas Financial Group's earnings last quarter?

LegacyTexas Financial Group Inc (NASDAQ:LTXB) released its quarterly earnings results on Wednesday, October, 23rd. The financial services provider reported $0.88 EPS for the quarter, topping the consensus estimate of $0.83 by $0.05. The financial services provider earned $98.69 million during the quarter, compared to analyst estimates of $102.73 million. LegacyTexas Financial Group had a net margin of 31.86% and a trailing twelve-month return on equity of 12.61%.

Is LegacyTexas Financial Group a good dividend stock?

LegacyTexas Financial Group (NASDAQ:LTXB) pays an annual dividend of $1.00 per share and currently has a dividend yield of 2.27%. The dividend payout ratio is 34.48%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LTXB will have a dividend payout ratio of 29.94% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for LTXB .

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 (ASH) , Coupa Software (COUP) , DICK'S Sporting Goods (DKS) and Intel (INTC) .

NASDAQ:LTXB

LegacyTexas Financial Group (LTXB) Stock Price, News & Analysis

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Today's Range: $42.29
▼
$43.90
50-Day Range: $42.54
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$45.27
52-Week Range: $30.18
▼
$45.40

Volume: 14.61 million shs
Average Volume: 336,575 shs
Market Capitalization: $2.09 billion

P/E Ratio: 14.67
Dividend Yield: 2.35%
Price Target: N/A

Stock Analysis

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About LegacyTexas Financial Group Stock (NASDAQ:LTXB)

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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LTXB Stock News Headlines

November 15, 2022 | markets.businessinsider.com

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Company Calendar

Last Earnings: 10/23/2019
Today: 4/17/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: Federal Savings Institutions
Sub-Industry: Thrifts & Mortgage Finance
Current Symbol: NASDAQ:LTXB
CUSIP: 92672A10
CIK: 1487052
Web: www.legacytexasfinancialgroup.com
Phone: 972-578-5000
Fax: N/A
Employees: N/A
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $2.90
Trailing P/E Ratio: 14.67
Forward P/E Ratio: 13.95
P/E Growth: N/A
Net Income: $154.18 million
Net Margins: 31.86%
Pretax Margin: N/A
Return on Equity: 12.61%
Return on Assets: 1.48%

Debt

Debt-to-Equity Ratio: 2.08
Current Ratio: 1.38
Quick Ratio: 1.37

Sales & Book Value

Annual Sales: $464.22 million
Price / Sales: 4.50
Cash Flow: $2.96 per share
Price / Cash Flow: 14.35
Book Value: $24.16 per share
Price / Book: 1.76

Miscellaneous

Outstanding Shares: 49,160,000
Free Float: N/A
Market Cap: $2.09 billion
Optionable: Optionable
Beta: 1.54

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Key Executives

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

Key Competitors

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LTXB Stock Analysis - Frequently Asked Questions

How were LegacyTexas Financial Group's earnings last quarter?: LegacyTexas Financial Group Inc (NASDAQ:LTXB) released its quarterly earnings results on Wednesday, October, 23rd. The financial services provider reported $0.88 EPS for the quarter, topping the consensus estimate of $0.83 by $0.05. The financial services provider earned $98.69 million during the quarter, compared to analyst estimates of $102.73 million. LegacyTexas Financial Group had a net margin of 31.86% and a trailing twelve-month return on equity of 12.61%.
Is LegacyTexas Financial Group a good dividend stock?: LegacyTexas Financial Group (NASDAQ:LTXB) pays an annual dividend of $1.00 per share and currently has a dividend yield of 2.27%. The dividend payout ratio is 34.48%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LTXB will have a dividend payout ratio of 29.94% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LTXB.
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 (ASH), Coupa Software (COUP), DICK'S Sporting Goods (DKS) and Intel (INTC).

This page (NASDAQ:LTXB) was last updated on 4/17/2024 by MarketBeat.com Staff

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LegacyTexas Financial Group (LTXB) Stock Price, News & Analysis

About LegacyTexas Financial Group Stock (NASDAQ:LTXB)

LTXB Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

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Key Competitors

LTXB Stock Analysis - Frequently Asked Questions

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