Eagle Bancorp Montana Inc (NASDAQ:EBMT) – Research analysts at DA Davidson decreased their Q1 2018 EPS estimates for shares of Eagle Bancorp Montana in a research note issued on Tuesday. DA Davidson analyst J. Rulis now anticipates that the bank will earn $0.27 per share for the quarter, down from their previous estimate of $0.29. DA Davidson also issued estimates for Eagle Bancorp Montana’s Q3 2018 earnings at $0.42 EPS, Q4 2018 earnings at $0.44 EPS and FY2019 earnings at $1.75 EPS.
Eagle Bancorp Montana (NASDAQ:EBMT) last released its quarterly earnings results on Monday, January 29th. The bank reported $0.34 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.32 by $0.02. Eagle Bancorp Montana had a return on equity of 8.73% and a net margin of 9.73%. The business had revenue of $9.81 million during the quarter, compared to analysts’ expectations of $9.85 million.
Separately, Zacks Investment Research lowered Eagle Bancorp Montana from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 18th.
Shares of Eagle Bancorp Montana (NASDAQ EBMT) opened at $20.20 on Wednesday. The company has a quick ratio of 0.97, a current ratio of 0.99 and a debt-to-equity ratio of 1.72. The company has a market capitalization of $101.28, a PE ratio of 15.42, a P/E/G ratio of 1.26 and a beta of 0.39. Eagle Bancorp Montana has a 12-month low of $17.35 and a 12-month high of $21.95.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Friday, February 9th will be paid a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.78%. The ex-dividend date of this dividend is Thursday, February 8th. Eagle Bancorp Montana’s dividend payout ratio is currently 34.95%.
Several institutional investors have recently made changes to their positions in the company. Deprince Race & Zollo Inc. increased its holdings in shares of Eagle Bancorp Montana by 20.2% during the 4th 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 during the last quarter. Thomson Horstmann & Bryant Inc. acquired a new stake in shares of Eagle Bancorp Montana during the 4th quarter worth $2,034,000. Dimensional Fund Advisors LP grew its holdings in shares of Eagle Bancorp Montana by 20.1% during the 3rd 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 in the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of Eagle Bancorp Montana by 2.2% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 201,960 shares of the bank’s stock worth $3,655,000 after purchasing an additional 4,395 shares in the last quarter. Finally, Advisor Group Inc. grew its holdings in shares of Eagle Bancorp Montana by 148.5% during the 2nd quarter. Advisor Group Inc. now owns 13,914 shares of the bank’s stock worth $252,000 after purchasing an additional 8,315 shares in the last quarter. Institutional investors own 28.51% of the company’s stock.
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About Eagle Bancorp Montana
Eagle Bancorp Montana, Inc is the bank holding company for Opportunity Bank of Montana (the Bank). The Bank is a Montana-chartered commercial bank. The Bank has equity investments in Certified Development Entities, which have received allocations of New Markets Tax Credits (NMTC). The Company offers wealth management services at its locations through financial advisors employed by the Bank.
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