EPS for LegacyTexas Financial Group Inc (LTXB) Expected At $0.61

September 17, 2017 - By Migdalia James

 EPS for LegacyTexas Financial Group Inc (LTXB) Expected At $0.61

Wall Street await LegacyTexas Financial Group Inc (NASDAQ:LTXB) to release earnings on October, 17. Analysts forecast EPS of $0.61, up exactly $0.03 or 5.17 % from 2014’s $0.58 EPS. The expected LTXB’s profit could reach $29.29M giving the stock 15.11 P/E in the case that $0.61 earnings per share is reported. After posting $0.59 EPS for the previous quarter, LegacyTexas Financial Group Inc’s analysts now forecast 3.39 % EPS growth. The stock decreased 1.42% or $0.53 on September 15, reaching $36.86. About 678,456 shares traded or 276.15% up from the average. LegacyTexas Financial Group Inc (NASDAQ:LTXB) has risen 38.38% since September 17, 2016 and is uptrending. It has outperformed by 21.68% the S&P500.

LegacyTexas Financial Group Inc (NASDAQ:LTXB) Ratings Coverage

Among 8 analysts covering LegacyTexas Group (NASDAQ:LTXB), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. LegacyTexas Group had 17 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was downgraded by Compass Point on Friday, November 18 to “Neutral”. The firm has “Buy” rating given on Tuesday, July 11 by Piper Jaffray. Stephens upgraded LegacyTexas Financial Group Inc (NASDAQ:LTXB) on Thursday, April 21 to “Overweight” rating. Piper Jaffray maintained the stock with “Buy” rating in Friday, August 25 report. The firm has “Strong Buy” rating by Raymond James given on Wednesday, April 20. On Thursday, July 21 the stock rating was maintained by Compass Point with “Buy”. FBR Capital upgraded the stock to “Outperform” rating in Wednesday, May 18 report. Compass Point initiated the shares of LTXB in report on Tuesday, June 7 with “Buy” rating. FBR Capital maintained LegacyTexas Financial Group Inc (NASDAQ:LTXB) on Thursday, July 23 with “Mkt Perform” rating. The firm earned “Buy” rating on Wednesday, July 19 by Piper Jaffray.

LegacyTexas Financial Group, Inc. is a bank holding company. The company has market cap of $1.77 billion. LegacyTexas Bank is the Company’s principal operating subsidiary, which is a commercial bank that is focused on meeting the needs of businesses and clients in the North Texas area. It has a 17.56 P/E ratio. The Company’s principal business consists of attracting retail deposits from general public and business community and investing those funds, along with borrowed funds, in commercial real estate loans, secured and unsecured commercial and industrial loans, as well as permanent loans secured by first and second mortgages on one- to four-family residences and consumer loans.

More news for LegacyTexas Financial Group Inc (NASDAQ:LTXB) were recently published by: Prnewswire.com, which released: “LegacyTexas Financial Group, Inc. Announces Corporate Governance Initiatives …” on March 03, 2017. Prnewswire.com‘s article titled: “LegacyTexas Financial Group, Inc. Reports First Quarter 2017 Earnings” and published on April 18, 2017 is yet another important article.

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