Headlines about Eagle Bancorp (NASDAQ:EGBN) have been trending somewhat positive on Sunday, Accern reports. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Eagle Bancorp earned a news sentiment score of 0.02 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 43.093979110002 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the media stories that may have effected Accern’s analysis:
- EAGLE BANCORP INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates Eagle Bancorp, Inc. for Possible Securities Fraud – (EGBN) (prnewswire.com)
- RM LAW Announces Investigation of Eagle Bancorp, Inc. (finance.yahoo.com)
- Glancy Prongay & Murray LLP Continues Investigation on Behalf of Eagle Bancorp, Inc. Investors (EGBN) (markets.financialcontent.com)
- INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investigation Involving Possible Securities Fraud Violations by the Board of Directors of Eagle Bancorp, Inc. (markets.financialcontent.com)
- Arons & Arons, LLC. Announces Investigation on Behalf of Eagle Bancorp, Inc. Investors (markets.financialcontent.com)
Shares of Eagle Bancorp (NASDAQ EGBN) opened at $56.10 on Friday. Eagle Bancorp has a 1 year low of $46.20 and a 1 year high of $69.80. The stock has a market cap of $1,929.35, a P/E ratio of 17.64 and a beta of 0.87. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.05 and a current ratio of 1.05.
A number of analysts recently issued reports on EGBN shares. Keefe, Bruyette & Woods restated a “neutral” rating on shares of Eagle Bancorp in a research report on Friday, October 20th. Zacks Investment Research lowered shares of Eagle Bancorp from a “buy” rating to a “hold” rating in a research report on Monday, September 18th. Finally, Boenning Scattergood restated a “buy” rating on shares of Eagle Bancorp in a research report on Thursday, October 19th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $68.50.
In other Eagle Bancorp news, CEO Ronald D. Paul sold 16,665 shares of the stock in a transaction that occurred on Tuesday, September 12th. The shares were sold at an average price of $63.41, for a total transaction of $1,056,727.65. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Dudley C. Dworken sold 2,000 shares of the stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of $67.00, for a total transaction of $134,000.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 152,553 shares of company stock worth $9,932,774. 8.39% of the stock is owned by company insiders.
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About Eagle Bancorp
Eagle Bancorp, Inc is a bank holding company for EagleBank (the Bank). The Bank is the Company’s principal operating subsidiary. The Bank is a chartered commercial bank. As of December 31, 2016, the Bank operated 21 banking offices: seven in Montgomery County, Maryland; five located in the District of Columbia, and nine in Northern Virginia.
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