Brokerages Expect Eagle Bancorp Montana Inc (EBMT) to Post $0.40 EPS

Shares of Eagle Bancorp Montana Inc (NASDAQ:EBMT) have received an average broker rating score of 1.00 (Strong Buy) from the two analysts that cover the company, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy rating.

Analysts have set a twelve-month consensus price objective of $20.50 for the company and are predicting that the company will post $0.40 EPS for the current quarter, according to Zacks. Zacks has also given Eagle Bancorp Montana an industry rank of 175 out of 256 based on the ratings given to its competitors.

EBMT has been the subject of a number of recent research reports. Zacks Investment Research cut Eagle Bancorp Montana from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 31st. Stephens cut Eagle Bancorp Montana from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, March 6th. Finally, ValuEngine cut Eagle Bancorp Montana from a “hold” rating to a “sell” rating in a research note on Tuesday, April 9th.

NASDAQ EBMT opened at $17.00 on Tuesday. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.99 and a current ratio of 1.00. Eagle Bancorp Montana has a twelve month low of $14.20 and a twelve month high of $20.00. The company has a market cap of $109.25 million, a P/E ratio of 15.89, a PEG ratio of 1.09 and a beta of 0.45.

Eagle Bancorp Montana (NASDAQ:EBMT) last released its quarterly earnings results on Tuesday, April 23rd. The bank reported $0.33 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.32 by $0.01. Eagle Bancorp Montana had a return on equity of 7.74% and a net margin of 10.63%. The company had revenue of $13.32 million for the quarter, compared to analyst estimates of $12.60 million. Research analysts predict that Eagle Bancorp Montana will post 1.55 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, June 7th. Investors of record on Friday, May 17th will be given a $0.0925 dividend. The ex-dividend date is Thursday, May 16th. This represents a $0.37 dividend on an annualized basis and a dividend yield of 2.18%. Eagle Bancorp Montana’s dividend payout ratio is currently 34.58%.

In related news, Director Kenneth M. Walsh sold 5,000 shares of the business’s stock in a transaction dated Friday, February 8th. The stock was sold at an average price of $17.87, for a total value of $89,350.00. Following the sale, the director now directly owns 269,510 shares in the company, valued at $4,816,143.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 8.50% of the stock is currently owned by insiders.

Hedge funds have recently modified their holdings of the business. B. Riley Financial Inc. purchased a new stake in Eagle Bancorp Montana during the fourth quarter valued at approximately $216,000. Stockman Wealth Management Inc. grew its stake in Eagle Bancorp Montana by 10.3% in the fourth quarter. Stockman Wealth Management Inc. now owns 25,179 shares of the bank’s stock worth $407,000 after purchasing an additional 2,346 shares in the last quarter. Naples Global Advisors LLC boosted its position in Eagle Bancorp Montana by 13.1% during the 4th quarter. Naples Global Advisors LLC now owns 27,475 shares of the bank’s stock valued at $464,000 after acquiring an additional 3,175 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Eagle Bancorp Montana by 1.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 49,689 shares of the bank’s stock valued at $803,000 after acquiring an additional 600 shares in the last quarter. Finally, Penn Capital Management Co. Inc. boosted its position in Eagle Bancorp Montana by 5.6% during the 4th quarter. Penn Capital Management Co. Inc. now owns 55,442 shares of the bank’s stock valued at $915,000 after acquiring an additional 2,947 shares in the last quarter. Institutional investors and hedge funds own 36.63% of the company’s stock.

About Eagle Bancorp Montana

Eagle Bancorp Montana, Inc operates as the bank holding company for Opportunity Bank of Montana that provides various retail banking products and services in Montana. The company accepts various deposit products, such as checking, savings, money market, and individual retirement accounts, as well as certificates of deposit accounts.

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