Eagle Bancorp Montana Inc (NASDAQ:EBMT) has earned a consensus broker rating score of 1.00 (Strong Buy) from the two brokers that cover the company, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy recommendation.
Brokers have set a 1 year consensus price objective of $23.50 for the company and are anticipating that the company will post $0.26 EPS for the current quarter, according to Zacks. Zacks has also given Eagle Bancorp Montana an industry rank of 39 out of 265 based on the ratings given to its competitors.
Several research firms have issued reports on EBMT. Zacks Investment Research lowered Eagle Bancorp Montana from a “buy” rating to a “hold” rating in a research note on Wednesday, January 31st. FIG Partners reiterated an “outperform” rating on shares of Eagle Bancorp Montana in a research note on Thursday, April 26th. Finally, ValuEngine lowered Eagle Bancorp Montana from a “buy” rating to a “hold” rating in a research note on Monday, May 7th.
Shares of Eagle Bancorp Montana stock opened at $19.75 on Friday. The firm has a market cap of $107.84 million, a PE ratio of 15.68, a PEG ratio of 1.68 and a beta of 0.30. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.91 and a current ratio of 0.93. Eagle Bancorp Montana has a 12 month low of $17.35 and a 12 month high of $21.95.
Eagle Bancorp Montana (NASDAQ:EBMT) last announced its quarterly earnings results on Tuesday, April 24th. The bank reported $0.15 EPS for the quarter, missing the consensus estimate of $0.25 by ($0.10). The firm had revenue of $9.53 million for the quarter, compared to analysts’ expectations of $12.68 million. Eagle Bancorp Montana had a net margin of 9.04% and a return on equity of 7.25%. sell-side analysts predict that Eagle Bancorp Montana will post 1.18 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, June 1st. Shareholders of record on Friday, May 11th will be paid a $0.09 dividend. The ex-dividend date of this dividend is Thursday, May 10th. This represents a $0.36 annualized dividend and a yield of 1.82%. Eagle Bancorp Montana’s dividend payout ratio (DPR) is presently 28.35%.
In other Eagle Bancorp Montana news, Director Larry A. Dreyer sold 2,000 shares of Eagle Bancorp Montana stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $19.75, for a total value of $39,500.00. Following the transaction, the director now owns 29,135 shares in the company, valued at $575,416.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Rick Hays purchased 2,500 shares of the stock in a transaction on Monday, May 7th. The stock was acquired at an average cost of $19.79 per share, with a total value of $49,475.00. Following the acquisition, the director now owns 24,601 shares of the company’s stock, valued at approximately $486,853.79. The disclosure for this purchase can be found here. Insiders sold 7,897 shares of company stock worth $155,463 in the last quarter. 6.90% of the stock is owned by insiders.
A number of hedge funds and other institutional investors have recently modified their holdings of EBMT. Maltese Capital Management LLC acquired a new stake in Eagle Bancorp Montana in the fourth quarter worth about $3,666,000. Kennedy Capital Management Inc. boosted its holdings in Eagle Bancorp Montana by 307.5% in the fourth quarter. Kennedy Capital Management Inc. now owns 156,973 shares of the bank’s stock worth $3,289,000 after acquiring an additional 118,456 shares in the last quarter. Penn Capital Management Co. Inc. boosted its holdings in Eagle Bancorp Montana by 135.1% in the fourth quarter. Penn Capital Management Co. Inc. now owns 69,686 shares of the bank’s stock worth $1,460,000 after acquiring an additional 40,043 shares in the last quarter. Deprince Race & Zollo Inc. boosted its holdings in Eagle Bancorp Montana by 20.2% in the fourth quarter. Deprince Race & Zollo Inc. now owns 232,781 shares of the bank’s stock worth $4,877,000 after acquiring an additional 39,142 shares in the last quarter. Finally, The Manufacturers Life Insurance Company boosted its holdings in Eagle Bancorp Montana by 14.9% in the fourth quarter. The Manufacturers Life Insurance Company now owns 232,747 shares of the bank’s stock worth $4,876,000 after acquiring an additional 30,226 shares in the last quarter. 44.07% of the stock is owned by institutional investors and hedge funds.
Eagle Bancorp Montana Company Profile
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 offers one-to-four family residential mortgage loans; commercial real estate loans; real estate construction loans; home equity loans; commercial business loans consisting of business loans and lines of credit on a secured and unsecured basis; and consumer loans comprising loans that are secured by collateral other than real estate, such as automobiles, recreational vehicles, and boats.
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