ViewPoint Financial Group (NASDAQ:LTXB) will be releasing its earnings data after the market closes on Monday, April 16th. Analysts expect ViewPoint Financial Group to post earnings of $0.71 per share for the quarter.
ViewPoint Financial Group (NASDAQ:LTXB) last issued its quarterly earnings results on Tuesday, January 23rd. The financial services provider reported $0.60 earnings per share for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.02). The company had revenue of $87.10 million during the quarter, compared to analyst estimates of $91.99 million. ViewPoint Financial Group had a return on equity of 10.94% and a net margin of 21.80%. The company’s revenue was up .9% on a year-over-year basis. During the same period in the prior year, the company posted $0.55 earnings per share. On average, analysts expect ViewPoint Financial Group to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Shares of NASDAQ:LTXB opened at $42.45 on Monday. The company has a market capitalization of $2,046.09, a PE ratio of 19.47, a P/E/G ratio of 1.35 and a beta of 1.27. ViewPoint Financial Group has a twelve month low of $31.50 and a twelve month high of $46.45. The company has a quick ratio of 0.99, a current ratio of 1.16 and a debt-to-equity ratio of 1.23.
A number of brokerages have recently weighed in on LTXB. Stephens reaffirmed a “hold” rating and issued a $46.00 price target on shares of ViewPoint Financial Group in a research note on Thursday, January 25th. Zacks Investment Research upgraded shares of ViewPoint Financial Group from a “hold” rating to a “buy” rating and set a $47.00 target price on the stock in a report on Wednesday, December 27th. ValuEngine upgraded shares of ViewPoint Financial Group from a “hold” rating to a “buy” rating in a report on Friday. DA Davidson boosted their target price on shares of ViewPoint Financial Group to $53.00 and gave the stock a “buy” rating in a report on Thursday, January 25th. Finally, BidaskClub upgraded shares of ViewPoint Financial Group from a “hold” rating to a “buy” rating in a report on Thursday, March 8th. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. ViewPoint Financial Group has a consensus rating of “Buy” and a consensus price target of $47.79.
COPYRIGHT VIOLATION NOTICE: “ViewPoint Financial Group (LTXB) to Release Quarterly Earnings on Monday” was originally posted by Ticker Report and is owned by of Ticker Report. If you are accessing this piece of content on another domain, it was illegally copied and reposted in violation of U.S. & international trademark and copyright law. The legal version of this piece of content can be accessed at https://www.tickerreport.com/banking-finance/3342111/viewpoint-financial-group-ltxb-to-release-quarterly-earnings-on-monday.html.
ViewPoint Financial Group Company Profile
LegacyTexas Financial Group, Inc operates as the holding company for LegacyTexas Bank that provides various banking products and services in the United States. Its deposit products include interest-bearing and non-interest-bearing demand accounts, savings, money market, certificates of deposit, and individual retirement accounts.
Receive News & Ratings for ViewPoint Financial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ViewPoint Financial Group and related companies with MarketBeat.com's FREE daily email newsletter.