Zacks: Brokerages Anticipate Eagle Bancorp Montana, Inc. (EBMT) to Post $0.34 EPS

Equities analysts forecast that Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) will announce earnings of $0.34 per share for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Eagle Bancorp Montana’s earnings. The lowest EPS estimate is $0.31 and the highest is $0.36. Eagle Bancorp Montana reported earnings of $0.37 per share in the same quarter last year, which indicates a negative year over year growth rate of 8.1%. The company is scheduled to report its next quarterly earnings report on Thursday, January 25th.

According to Zacks, analysts expect that Eagle Bancorp Montana will report full-year earnings of $1.23 per share for the current fiscal year. For the next year, analysts anticipate that the company will post earnings of $1.57 per share, with EPS estimates ranging from $1.40 to $1.74. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that follow Eagle Bancorp Montana.

Eagle Bancorp Montana (NASDAQ:EBMT) last announced its quarterly earnings results on Monday, October 23rd. The bank reported $0.50 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.39 by $0.11. Eagle Bancorp Montana had a net margin of 11.85% and a return on equity of 8.46%. The firm had revenue of $10.15 million during the quarter, compared to the consensus estimate of $10.00 million.

Separately, Zacks Investment Research downgraded shares of Eagle Bancorp Montana from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 18th.

Eagle Bancorp Montana (EBMT) opened at $21.40 on Friday. The company has a quick ratio of 0.97, a current ratio of 0.99 and a debt-to-equity ratio of 1.72. Eagle Bancorp Montana has a fifty-two week low of $17.35 and a fifty-two week high of $24.00. The company has a market cap of $107.01, a price-to-earnings ratio of 15.97, a price-to-earnings-growth ratio of 1.74 and a beta of 0.39.

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 1st. Stockholders of record on Saturday, November 11th were issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.68%. The ex-dividend date of this dividend was Thursday, November 9th. Eagle Bancorp Montana’s dividend payout ratio is currently 27.91%.

A number of large investors have recently modified their holdings of EBMT. Dimensional Fund Advisors LP raised its position in Eagle Bancorp Montana by 76.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 26,696 shares of the bank’s stock worth $538,000 after purchasing an additional 11,593 shares during the period. US Bancorp DE purchased a new position in Eagle Bancorp Montana in the 2nd quarter worth $251,000. Morgan Dempsey Capital Management LLC purchased a new position in Eagle Bancorp Montana in the 2nd quarter worth $583,000. Glacier Peak Capital LLC raised its position in Eagle Bancorp Montana by 2.2% in the 2nd quarter. Glacier Peak Capital LLC now owns 376,646 shares of the bank’s stock worth $6,817,000 after purchasing an additional 8,178 shares during the period. Finally, Kennedy Capital Management Inc. purchased a new position in Eagle Bancorp Montana in the 2nd quarter worth $558,000. Institutional investors own 26.56% of the company’s stock.

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Eagle Bancorp Montana Company Profile

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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Earnings History and Estimates for Eagle Bancorp Montana (NASDAQ:EBMT)

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