Alert: New Earnings Report (10/23/24)-Eagle Bancorp Inc (NASDAQ: EGBN).

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Eagle Bancorp Inc (NASDAQ: EGBN) has reported earnings for its third fiscal quarter (ending September 30) of $0.72 versus $0.91 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $-1.39 compared to $3.95 a year ago.

Recent Price Action

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Eagle Bancorp Inc (NASDAQ: EGBN) stock closed at $23.28 on 10/23/24 after a modest gain of 0.8%. NORMAL trading volume accompanied the advance. The stock has declined -4.6% during the last week and has been weak relative to the market over the last nine months.

Current PriceTarget Research Rating

EGBN is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.

Eagle Bancorp has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Eagle Bancorp has a neutral Power Rating of 57 but a very high Appreciation Score of 86, triggering the Positive Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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