Eagle Bancorp Montana Inc (NASDAQ:EBMT) – Analysts at DA Davidson decreased their Q2 2018 earnings per share estimates for shares of Eagle Bancorp Montana in a research report issued on Tuesday. DA Davidson analyst J. Rulis now expects that the bank will earn $0.32 per share for the quarter, down from their previous forecast of $0.33. DA Davidson also issued estimates for Eagle Bancorp Montana’s FY2018 earnings at $1.45 EPS.
Separately, Zacks Investment Research raised Eagle Bancorp Montana from a “hold” rating to a “buy” rating and set a $23.00 price objective for the company in a research report on Wednesday, December 20th.
Shares of Eagle Bancorp Montana (NASDAQ EBMT) traded up $0.55 during trading hours on Thursday, hitting $20.75. The stock had a trading volume of 474 shares, compared to its average volume of 3,848. The stock has a market capitalization of $101.28 and a P/E ratio of 15.42. The company has a debt-to-equity ratio of 1.72, a quick ratio of 0.97 and a current ratio of 0.99. Eagle Bancorp Montana has a twelve month low of $17.35 and a twelve month high of $21.95.
Eagle Bancorp Montana (NASDAQ:EBMT) last announced its quarterly earnings data on Monday, January 29th. The bank reported $0.34 EPS for the quarter, beating the Zacks’ consensus estimate of $0.32 by $0.02. The business had revenue of $9.81 million during the quarter, compared to the consensus estimate of $9.85 million. Eagle Bancorp Montana had a return on equity of 8.73% and a net margin of 9.73%.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Friday, February 9th will be given a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.73%. The ex-dividend date is Thursday, February 8th. Eagle Bancorp Montana’s dividend payout ratio is currently 34.95%.
Large investors have recently made changes to their positions in the company. Vanguard Group Inc. grew its position in Eagle Bancorp Montana by 3.8% during the second quarter. Vanguard Group Inc. now owns 46,873 shares of the bank’s stock valued at $848,000 after acquiring an additional 1,723 shares during the period. US Bancorp DE grew its position in Eagle Bancorp Montana by 21.9% during the fourth quarter. US Bancorp DE now owns 17,229 shares of the bank’s stock valued at $361,000 after acquiring an additional 3,098 shares during the period. The Manufacturers Life Insurance Company grew its position in Eagle Bancorp Montana by 2.2% during the second quarter. The Manufacturers Life Insurance Company now owns 201,960 shares of the bank’s stock valued at $3,655,000 after acquiring an additional 4,395 shares during the period. Dimensional Fund Advisors LP grew its position 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 valued at $850,000 after acquiring an additional 7,720 shares during the period. Finally, Advisor Group Inc. grew its position in Eagle Bancorp Montana by 148.5% during the second quarter. Advisor Group Inc. now owns 13,914 shares of the bank’s stock valued at $252,000 after acquiring an additional 8,315 shares during the period. 28.51% of the stock is owned by institutional investors and hedge funds.
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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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