Shares of Eagle Bancorp Montana Inc (NASDAQ:EBMT) have earned a consensus broker rating score of 1.00 (Strong Buy) from the two brokers that cover the stock, Zacks Investment Research reports. Two investment analysts have rated the stock with a strong buy rating.
Brokerages have set a 12 month consensus price target of $23.50 for the company and are anticipating that the company will post $0.30 EPS for the current quarter, according to Zacks. Zacks has also assigned Eagle Bancorp Montana an industry rank of 69 out of 255 based on the ratings given to related companies.
Separately, Zacks Investment Research raised shares of Eagle Bancorp Montana from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 26th.
EBMT opened at $18.50 on Friday. The company has a market cap of $101.02 million, a P/E ratio of 14.57, a price-to-earnings-growth ratio of 1.73 and a beta of 0.20. Eagle Bancorp Montana has a 1 year low of $16.85 and a 1 year 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 earnings results on Tuesday, July 24th. The bank reported $0.26 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.26. The firm had revenue of $10.89 million during the quarter, compared to the consensus estimate of $10.36 million. Eagle Bancorp Montana had a net margin of 9.32% and a return on equity of 7.06%. analysts expect that Eagle Bancorp Montana will post 1.07 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, September 7th. Investors of record on Friday, August 17th were given a dividend of $0.0925 per share. This represents a $0.37 dividend on an annualized basis and a yield of 2.00%. The ex-dividend date of this dividend was Thursday, August 16th. This is an increase from Eagle Bancorp Montana’s previous quarterly dividend of $0.09. Eagle Bancorp Montana’s dividend payout ratio is 29.13%.
Institutional investors and hedge funds have recently bought and sold shares of the stock. Deutsche Bank AG increased its position in Eagle Bancorp Montana by 37.9% during the 4th quarter. Deutsche Bank AG now owns 13,333 shares of the bank’s stock worth $279,000 after purchasing an additional 3,664 shares in the last quarter. Renaissance Technologies LLC boosted its holdings in Eagle Bancorp Montana by 14.9% in the 2nd quarter. Renaissance Technologies LLC now owns 48,260 shares of the bank’s stock worth $931,000 after acquiring an additional 6,260 shares during the period. Thomson Horstmann & Bryant Inc. boosted its holdings in Eagle Bancorp Montana by 6.5% in the 1st quarter. Thomson Horstmann & Bryant Inc. now owns 103,367 shares of the bank’s stock worth $2,144,000 after acquiring an additional 6,268 shares during the period. Maltese Capital Management LLC boosted its holdings in Eagle Bancorp Montana by 14.3% in the 1st quarter. Maltese Capital Management LLC now owns 200,000 shares of the bank’s stock worth $4,150,000 after acquiring an additional 25,000 shares during the period. Finally, Glacier Peak Capital LLC boosted its holdings in Eagle Bancorp Montana by 1.6% in the 1st quarter. Glacier Peak Capital LLC now owns 392,786 shares of the bank’s stock worth $8,150,000 after acquiring an additional 6,186 shares during the period. 42.17% of the stock is owned by hedge funds and other institutional investors.
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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