Analysts expect that Eagle Bancorp Montana Inc (NASDAQ:EBMT) will report $10.36 million in sales for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for Eagle Bancorp Montana’s earnings, with the highest sales estimate coming in at $10.40 million and the lowest estimate coming in at $10.31 million. Eagle Bancorp Montana reported sales of $9.45 million in the same quarter last year, which indicates a positive year over year growth rate of 9.6%. The company is scheduled to announce its next earnings report on Friday, July 20th.
On average, analysts expect that Eagle Bancorp Montana will report full-year sales of $42.24 million for the current financial year, with estimates ranging from $41.77 million to $42.70 million. For the next year, analysts expect that the firm will post sales of $46.52 million per share, with estimates ranging from $45.23 million to $47.80 million. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research firms that cover Eagle Bancorp Montana.
Eagle Bancorp Montana (NASDAQ:EBMT) last posted its quarterly earnings results on Tuesday, April 24th. The bank reported $0.15 EPS for the quarter, missing the Zacks’ consensus estimate of $0.25 by ($0.10). The company had revenue of $9.53 million during the quarter, compared to the consensus estimate of $12.68 million. Eagle Bancorp Montana had a return on equity of 7.25% and a net margin of 9.04%.
Several equities research analysts recently issued reports on the company. ValuEngine lowered Eagle Bancorp Montana from a “buy” rating to a “hold” rating in a research note on Monday, May 7th. Zacks Investment Research lowered Eagle Bancorp Montana from a “hold” rating to a “strong sell” rating in a research note on Friday, April 27th. Finally, FIG Partners reissued an “outperform” rating on shares of Eagle Bancorp Montana in a research note on Thursday, April 26th.
In other news, Director Rick Hays purchased 2,500 shares of the company’s stock in a transaction on Monday, May 7th. The stock was purchased at an average price of $19.79 per share, with a total value of $49,475.00. Following the completion of the purchase, the director now directly owns 24,601 shares in the company, valued at approximately $486,853.79. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Peter Joseph Johnson sold 5,697 shares of Eagle Bancorp Montana stock in a transaction dated Wednesday, May 2nd. The stock was sold at an average price of $19.66, for a total value of $112,003.02. Following the sale, the chief executive officer now directly owns 94,326 shares of the company’s stock, valued at approximately $1,854,449.16. The disclosure for this sale can be found here. 6.90% of the stock is currently owned by company insiders.
Hedge funds have recently modified their holdings of the business. Deutsche Bank AG lifted its stake in Eagle Bancorp Montana by 37.9% during the fourth quarter. Deutsche Bank AG now owns 13,333 shares of the bank’s stock worth $279,000 after purchasing an additional 3,664 shares during the last quarter. US Bancorp DE lifted its stake in Eagle Bancorp Montana by 21.9% during the fourth quarter. US Bancorp DE now owns 17,229 shares of the bank’s stock worth $361,000 after purchasing an additional 3,098 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Eagle Bancorp Montana by 20.1% during the third quarter. Dimensional Fund Advisors LP now owns 46,220 shares of the bank’s stock worth $850,000 after purchasing an additional 7,720 shares during the last quarter. Renaissance Technologies LLC lifted its stake in Eagle Bancorp Montana by 58.8% during the fourth quarter. Renaissance Technologies LLC now owns 41,600 shares of the bank’s stock worth $872,000 after purchasing an additional 15,400 shares during the last quarter. Finally, Penn Capital Management Co. Inc. lifted its stake in Eagle Bancorp Montana by 135.1% during the fourth quarter. Penn Capital Management Co. Inc. now owns 69,686 shares of the bank’s stock worth $1,460,000 after purchasing an additional 40,043 shares during the last quarter. 44.19% of the stock is owned by hedge funds and other institutional investors.
NASDAQ:EBMT traded down $0.20 during trading hours on Monday, hitting $19.15. 3,000 shares of the company’s stock traded hands, compared to its average volume of 4,468. The firm has a market capitalization of $107.57 million, a price-to-earnings ratio of 15.08, a P/E/G ratio of 1.68 and a beta of 0.30. Eagle Bancorp Montana has a 52 week low of $17.35 and a 52 week high of $21.95. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.91 and a current ratio of 0.93.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 1st. Investors of record on Friday, May 11th were paid a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 1.88%. The ex-dividend date of this dividend was Thursday, May 10th. Eagle Bancorp Montana’s dividend payout ratio is 28.35%.
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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