Eagle Bancorp Montana (NASDAQ:EBMT) was upgraded by TheStreet from a “c+” rating to a “b” rating in a research note issued to investors on Wednesday.
Separately, Zacks Investment Research cut Eagle Bancorp Montana from a “hold” rating to a “sell” rating in a research report on Friday, July 27th.
Eagle Bancorp Montana stock opened at $16.90 on Wednesday. The stock has a market cap of $87.26 million, a P/E ratio of 13.31, a P/E/G ratio of 1.49 and a beta of 0.22. Eagle Bancorp Montana has a 52 week low of $14.20 and a 52 week high of $21.95. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.97 and a quick ratio of 0.95.
Eagle Bancorp Montana (NASDAQ:EBMT) last posted its quarterly earnings data on Tuesday, October 23rd. The bank reported $0.30 EPS for the quarter, hitting analysts’ consensus estimates of $0.30. The firm had revenue of $11.24 million during the quarter, compared to analysts’ expectations of $10.99 million. Eagle Bancorp Montana had a return on equity of 6.25% and a net margin of 8.85%. As a group, sell-side analysts forecast that Eagle Bancorp Montana will post 1.07 earnings per share for the current year.
An institutional investor recently raised its position in Eagle Bancorp Montana stock. Renaissance Technologies LLC increased its stake in shares of Eagle Bancorp Montana Inc (NASDAQ:EBMT) by 14.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 48,260 shares of the bank’s stock after purchasing an additional 6,260 shares during the quarter. Renaissance Technologies LLC owned approximately 0.88% of Eagle Bancorp Montana worth $931,000 as of its most recent filing with the Securities and Exchange Commission. 42.18% 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.
See Also: Return on Investment (ROI)
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