Brokerages forecast that Eagle Bancorp Montana Inc (NASDAQ:EBMT) will announce $11.13 million in sales for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for Eagle Bancorp Montana’s earnings. The highest sales estimate is $11.16 million and the lowest is $11.10 million. Eagle Bancorp Montana reported sales of $9.81 million during the same quarter last year, which indicates a positive year-over-year growth rate of 13.5%. The business is scheduled to issue its next earnings report on Monday, February 4th.
On average, analysts expect that Eagle Bancorp Montana will report full-year sales of $42.91 million for the current fiscal year, with estimates ranging from $42.82 million to $43.00 million. For the next financial year, analysts expect that the company will report sales of $52.86 million, with estimates ranging from $52.30 million to $53.42 million. Zacks’ sales calculations are an average based on a survey of sell-side research firms that follow Eagle Bancorp Montana.
Eagle Bancorp Montana (NASDAQ:EBMT) last issued its quarterly earnings results on Tuesday, October 23rd. The bank reported $0.30 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.30. The company had revenue of $11.24 million for the quarter, compared to analyst estimates of $10.99 million. Eagle Bancorp Montana had a net margin of 8.85% and a return on equity of 6.25%.
A number of brokerages have issued reports on EBMT. TheStreet upgraded shares of Eagle Bancorp Montana from a “c+” rating to a “b” rating in a research note on Wednesday, October 31st. Zacks Investment Research lowered shares of Eagle Bancorp Montana from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 23rd.
A hedge fund recently raised its stake in Eagle Bancorp Montana stock. Renaissance Technologies LLC increased its position in shares of Eagle Bancorp Montana Inc (NASDAQ:EBMT) by 14.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 48,260 shares of the bank’s stock after buying an additional 6,260 shares during the period. Renaissance Technologies LLC owned about 0.88% of Eagle Bancorp Montana worth $931,000 at the end of the most recent reporting period. 42.18% of the stock is currently owned by hedge funds and other institutional investors.
NASDAQ:EBMT traded down $0.64 on Friday, reaching $16.26. 200 shares of the company’s stock were exchanged, compared to its average volume of 6,088. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.97 and a quick ratio of 0.95. The firm has a market capitalization of $88.79 million, a PE ratio of 12.80, a price-to-earnings-growth ratio of 1.53 and a beta of 0.37. Eagle Bancorp Montana has a 52-week low of $14.20 and a 52-week high of $21.95.
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 7th. Shareholders of record on Friday, November 16th will be paid a dividend of $0.0925 per share. The ex-dividend date of this dividend is Thursday, November 15th. This represents a $0.37 dividend on an annualized basis and a yield of 2.28%. Eagle Bancorp Montana’s dividend payout ratio (DPR) is presently 29.13%.
About Eagle Bancorp Montana
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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