Eagle Bancorp, Inc. (EGBN) To Go Ex-Dividend on February 2nd

Eagle Bancorp, Inc. (NASDAQ:EGBN) declared a quarterly dividend on Wednesday, January 21st. Shareholders of record on Monday, February 2nd will be given a dividend of 0.01 per share by the financial services provider on Friday, February 13th. This represents a c) dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Monday, February 2nd.

Eagle Bancorp has decreased its dividend by an average of 0.1%annually over the last three years. Eagle Bancorp has a dividend payout ratio of 1.4% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Eagle Bancorp to earn $2.87 per share next year, which means the company should continue to be able to cover its $0.04 annual dividend with an expected future payout ratio of 1.4%.

Eagle Bancorp Stock Up 0.8%

Eagle Bancorp stock opened at $26.76 on Friday. The business’s 50-day moving average price is $21.92 and its 200 day moving average price is $19.87. The company has a quick ratio of 0.86, a current ratio of 0.87 and a debt-to-equity ratio of 0.07. The firm has a market cap of $812.70 million, a price-to-earnings ratio of -6.36 and a beta of 1.02. Eagle Bancorp has a 52 week low of $15.03 and a 52 week high of $29.26.

Eagle Bancorp (NASDAQ:EGBN) last posted its quarterly earnings data on Wednesday, January 21st. The financial services provider reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.37. Eagle Bancorp had a negative return on equity of 10.91% and a negative net margin of 20.19%.The business had revenue of $80.50 million during the quarter, compared to analysts’ expectations of $67.81 million. As a group, sell-side analysts anticipate that Eagle Bancorp will post 2.31 earnings per share for the current year.

Eagle Bancorp Company Profile

Eagle Bancorp, Inc is the bank holding company for EagleBank, a commercial bank headquartered in Bethesda, Maryland. Since its founding in 1998, the company has focused on serving businesses and consumers in the Washington, DC metropolitan area. EagleBank operates a network of full-service branches and commercial banking centers, providing personalized financial solutions to corporate, nonprofit, real estate and individual clients.

The company’s product portfolio includes commercial real estate lending, construction and land development financing, small business administration (SBA) loans, commercial and industrial credit facilities, and residential mortgage loans.