Shares of Eagle Bancorp Montana Inc (NASDAQ:EBMT) have received a consensus broker rating score of 1.00 (Strong Buy) from the two brokers that cover the stock, Zacks Investment Research reports. Two analysts have rated the stock with a strong buy rating.
Analysts have set a 1 year consensus price target of $20.50 for the company and are predicting that the company will post $0.32 EPS for the current quarter, according to Zacks. Zacks has also assigned Eagle Bancorp Montana an industry rank of 154 out of 257 based on the ratings given to related companies.
EBMT has been the subject of several recent research reports. Zacks Investment Research lowered Eagle Bancorp Montana from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 23rd. TheStreet raised Eagle Bancorp Montana from a “c+” rating to a “b” rating in a report on Wednesday, October 31st.
In other Eagle Bancorp Montana news, CEO Peter Joseph Johnson acquired 1,800 shares of the firm’s stock in a transaction that occurred on Wednesday, November 7th. The stock was acquired at an average cost of $16.30 per share, with a total value of $29,340.00. Following the acquisition, the chief executive officer now directly owns 89,429 shares of the company’s stock, valued at approximately $1,457,692.70. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Rick Hays acquired 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 6th. The stock was acquired at an average cost of $16.65 per share, with a total value of $33,300.00. Following the completion of the acquisition, the director now directly owns 27,329 shares in the company, valued at $455,027.85. The disclosure for this purchase can be found here. 6.90% of the stock is currently owned by corporate insiders.
An institutional investor recently raised its position in Eagle Bancorp Montana stock. Morgan Stanley increased its holdings in Eagle Bancorp Montana Inc (NASDAQ:EBMT) by 164.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,213 shares of the bank’s stock after buying an additional 3,863 shares during the quarter. Morgan Stanley owned about 0.11% of Eagle Bancorp Montana worth $113,000 at the end of the most recent reporting period. 42.72% of the stock is currently owned by institutional investors and hedge funds.
Shares of Eagle Bancorp Montana stock opened at $17.60 on Friday. The company has a debt-to-equity ratio of 1.31, a current ratio of 0.98 and a quick ratio of 0.96. The stock has a market capitalization of $94.74 million, a P/E ratio of 13.86, a PEG ratio of 1.62 and a beta of 0.37. Eagle Bancorp Montana has a fifty-two week low of $14.20 and a fifty-two week high of $21.95.
Eagle Bancorp Montana (NASDAQ:EBMT) last announced its quarterly earnings data on Tuesday, October 23rd. The bank reported $0.30 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.30. The firm had revenue of $11.24 million during the quarter, compared to analyst estimates of $10.99 million. Eagle Bancorp Montana had a return on equity of 6.19% and a net margin of 8.85%. Equities research analysts anticipate that Eagle Bancorp Montana will post 1.07 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, December 7th. Stockholders of record on Friday, November 16th will be issued a dividend of $0.0925 per share. This represents a $0.37 annualized dividend and a dividend yield of 2.10%. The ex-dividend date is Thursday, November 15th. Eagle Bancorp Montana’s dividend payout ratio (DPR) is presently 29.13%.
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.
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