With 0.16 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.29 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $24.78 whereas the lowest price it dropped to was $24.28. The 52-week range on EGBN shows that it touched its highest point at $30.94 and its lowest point at $15.99 during that stretch. It currently has a 1-year price target of $29.00. With its current market cap of 741.75 million, EGBN has annualized dividend of $1.51 while the current yield stands at 6.17%. Beta for the stock currently stands at 1.09.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of EGBN was down-trending over the past week, with a drop of -5.65%, but this was down by -16.06% over a month. Three-month performance surged to 9.20% while six-month performance rose 29.54%. The stock lost -16.94% in the past year, while it has lost -5.65% so far this year. A look at the trailing 12-month EPS for EGBN yields -1.39 with Next year EPS estimates of 2.31. For the next quarter, that number is 0.47. This implies an EPS growth rate of -46.87% for this year and 31.75% for next year. EPS is expected to grow by 7.30% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -5.64%.
Float and Shares Shorts:
At present, 30.17 million EGBN shares are outstanding with a float of 29.20 million shares on hand for trading. On 2024-12-13, short shares totaled 1.73 million, which was 572.0 higher than short shares on 1731628800. In addition to Mr. Norman R. Pozez as the firm’s Executive Chairman, Ms. Susan G. Riel serves as its President, CEO & Director.
Institutional Ownership:
Through their ownership of 0.77231 of EGBN’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With EGBN analysts setting a high price target of 32.0 and a low target of 24.0, the average target price over the next 12 months is 29.0. Based on these targets, EGBN could surge 30.29% to reach the target high and fall by -2.28% to reach the target low. Reaching the average price target will result in a growth of 18.08% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.78933 being high and $1.71966 being low. For EGBN, this leads to a yearly average estimate of $1.75333.
