Eagle Bancorp (NASDAQ:EGBN) Hits New 12-Month High on Analyst Upgrade

Posted by George Bondi on Jun 26th, 2026

Shares of Eagle Bancorp, Inc. (NASDAQ:EGBN – Get Free Report) hit a new 52-week high during mid-day trading on Friday after Piper Sandler raised their price target on the stock from $29.00 to $30.00. Piper Sandler currently has a neutral rating on the stock. Eagle Bancorp traded as high as $29.29 and last traded at $29.1250, with a volume of 1246397 shares. The stock had previously closed at $28.42.

A number of other brokerages have also recently issued reports on EGBN. Weiss Ratings reissued a “sell (d-)” rating on shares of Eagle Bancorp in a report on Friday, June 5th. Zacks Research lowered Eagle Bancorp from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 5th. Wall Street Zen raised Eagle Bancorp from a “sell” rating to a “hold” rating in a report on Saturday, March 14th. Finally, Raymond James Financial assumed coverage on Eagle Bancorp in a research note on Tuesday, April 14th. They issued a “strong-buy” rating and a $32.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $29.00.

Read Our Latest Report on Eagle Bancorp

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Farther Finance Advisors LLC boosted its stake in Eagle Bancorp by 128.6% during the fourth quarter. Farther Finance Advisors LLC now owns 1,390 shares of the financial services provider’s stock valued at $30,000 after buying an additional 782 shares during the period. Cassaday & Co Wealth Management LLC bought a new position in Eagle Bancorp in the 1st quarter worth about $37,000. Tower Research Capital LLC TRC raised its holdings in shares of Eagle Bancorp by 113.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,092 shares of the financial services provider’s stock valued at $80,000 after acquiring an additional 2,172 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Eagle Bancorp in the 2nd quarter valued at about $99,000. Finally, Fifth Third Bancorp boosted its position in shares of Eagle Bancorp by 10,807.4% during the 1st quarter. Fifth Third Bancorp now owns 5,890 shares of the financial services provider’s stock valued at $146,000 after acquiring an additional 5,836 shares during the last quarter. 78.03% of the stock is currently owned by hedge funds and other institutional investors.

Eagle Bancorp Stock Up 2.5%

The company has a debt-to-equity ratio of 0.07, a current ratio of 0.86 and a quick ratio of 0.86. The company has a market cap of $888.31 million, a PE ratio of -7.68 and a beta of 0.97. The company has a fifty day moving average price of $26.80 and a 200 day moving average price of $25.19.

Eagle Bancorp (NASDAQ:EGBN – Get Free Report) last announced its earnings results on Wednesday, April 22nd. The financial services provider reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.28 by $0.20. Eagle Bancorp had a negative net margin of 18.65% and a negative return on equity of 10.03%. The business had revenue of $76.40 million for the quarter, compared to the consensus estimate of $77.37 million. As a group, analysts anticipate that Eagle Bancorp, Inc. will post 1.79 EPS for the current year.

Eagle Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Monday, May 4th were given a dividend of $0.01 per share. The ex-dividend date was Monday, May 4th. This represents a $0.04 annualized dividend and a dividend yield of 0.1%. Eagle Bancorp’s dividend payout ratio (DPR) is -1.06%.

Eagle Bancorp Company Profile

(Get Free Report)

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.