Eagle Bancorp (NASDAQ:EGBN) Coverage Initiated by Analysts at Hovde Group

Posted by George Bondi on Oct 8th, 2026

Hovde Group started coverage on shares of Eagle Bancorp (NASDAQ:EGBN – Free Report) in a report published on Wednesday morning, MarketBeat reports. The firm issued an outperform rating and a $37.00 target price on the financial services provider’s stock.

A number of other brokerages have also issued reports on EGBN. Zacks Research upgraded Eagle Bancorp from a “strong sell” rating to a “hold” rating in a report on Thursday, August 27th. Weiss Ratings reissued a “sell (d-)” rating on shares of Eagle Bancorp in a research note on Wednesday, September 2nd. Finally, Piper Sandler raised their price objective on Eagle Bancorp from $29.00 to $30.00 and gave the stock a “neutral” rating in a report on Friday, June 26th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $31.00.

Get Our Latest Research Report on Eagle Bancorp

Eagle Bancorp Trading Down 0.7%

EGBN stock opened at $28.03 on Wednesday. Eagle Bancorp has a 12 month low of $15.03 and a 12 month high of $29.29. The firm’s 50-day moving average is $28.01 and its 200 day moving average is $27.19. The company has a market capitalization of $854.35 million, a PE ratio of -22.25 and a beta of 0.98. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.87 and a quick ratio of 0.86.

Eagle Bancorp (NASDAQ:EGBN – Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The financial services provider reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.11). The company had revenue of $73.11 million during the quarter, compared to analysts’ expectations of $74.41 million. Eagle Bancorp had a negative net margin of 6.43% and a negative return on equity of 3.37%. On average, research analysts anticipate that Eagle Bancorp will post 1.52 EPS for the current year.

Eagle Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Thursday, August 6th were given a dividend of $0.01 per share. The ex-dividend date of this dividend was Thursday, August 6th. This represents a $0.04 dividend on an annualized basis and a yield of 0.1%. Eagle Bancorp’s dividend payout ratio (DPR) is -3.17%.

Institutional Investors Weigh In On Eagle Bancorp

Several hedge funds have recently modified their holdings of the business. Stone Point Capital LLC bought a new position in Eagle Bancorp in the second quarter worth approximately $21,660,548,000. Wellington Management Group LLP increased its holdings in shares of Eagle Bancorp by 5.9% in the 2nd quarter. Wellington Management Group LLP now owns 1,233,336 shares of the financial services provider’s stock valued at $35,014,000 after acquiring an additional 68,314 shares during the period. Bank of New York Mellon Corp purchased a new position in shares of Eagle Bancorp in the 2nd quarter valued at $4,678,000. Quantinno Capital Management LP raised its position in shares of Eagle Bancorp by 15.2% in the 1st quarter. Quantinno Capital Management LP now owns 187,900 shares of the financial services provider’s stock worth $4,673,000 after acquiring an additional 24,842 shares in the last quarter. Finally, Principal Financial Group Inc. raised its position in shares of Eagle Bancorp by 2.1% in the 1st quarter. Principal Financial Group Inc. now owns 134,598 shares of the financial services provider’s stock worth $3,347,000 after acquiring an additional 2,776 shares in the last quarter. Hedge funds and other institutional investors own 78.03% of the company’s stock.

About Eagle Bancorp

(Get Free Report)

Eagle Bancorp, Inc is the bank holding company for EagleBank, a commercial bank serving businesses, professionals, nonprofit organizations and individuals. The company is headquartered in Bethesda, Maryland, and its primary market includes the Washington, DC, metropolitan area, including suburban Maryland and Northern Virginia.

EagleBank provides commercial banking products and services such as business and commercial real estate lending, construction and acquisition financing, commercial and industrial loans, residential and consumer lending, deposit accounts, cash-management services and online banking.