Analysts expect Eagle Bancorp Montana Inc (NASDAQ:EBMT) to post earnings of $0.40 per share for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for Eagle Bancorp Montana’s earnings, with the highest EPS estimate coming in at $0.41 and the lowest estimate coming in at $0.39. Eagle Bancorp Montana posted earnings of $0.26 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 53.8%. The business is expected to report its next quarterly earnings report on Tuesday, July 23rd.
According to Zacks, analysts expect that Eagle Bancorp Montana will report full year earnings of $1.47 per share for the current fiscal year, with EPS estimates ranging from $1.45 to $1.49. For the next financial year, analysts forecast that the company will report earnings of $1.77 per share, with EPS estimates ranging from $1.75 to $1.78. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that follow Eagle Bancorp Montana.
Eagle Bancorp Montana (NASDAQ:EBMT) last released its quarterly earnings results on Tuesday, April 23rd. The bank reported $0.33 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.32 by $0.01. The business had revenue of $13.32 million during the quarter, compared to the consensus estimate of $12.60 million. Eagle Bancorp Montana had a return on equity of 7.36% and a net margin of 10.63%.
EBMT has been the topic of a number of analyst reports. Stephens cut Eagle Bancorp Montana from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, March 6th. Zacks Investment Research cut Eagle Bancorp Montana from a “hold” rating to a “sell” rating in a research report on Monday, March 4th. Finally, ValuEngine raised Eagle Bancorp Montana from a “sell” rating to a “hold” rating in a research report on Monday, May 13th.
Several hedge funds have recently bought and sold shares of EBMT. Penn Capital Management Co. Inc. boosted its position in shares of Eagle Bancorp Montana by 3.3% in the first quarter. Penn Capital Management Co. Inc. now owns 57,244 shares of the bank’s stock valued at $970,000 after acquiring an additional 1,802 shares during the period. Context BH Capital Management LP boosted its position in shares of Eagle Bancorp Montana by 63.9% in the fourth quarter. Context BH Capital Management LP now owns 62,789 shares of the bank’s stock valued at $1,036,000 after acquiring an additional 24,480 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Eagle Bancorp Montana by 1.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 49,689 shares of the bank’s stock valued at $803,000 after acquiring an additional 600 shares during the period. Thomson Horstmann & Bryant Inc. boosted its position in shares of Eagle Bancorp Montana by 4.2% in the fourth quarter. Thomson Horstmann & Bryant Inc. now owns 144,429 shares of the bank’s stock valued at $2,383,000 after acquiring an additional 5,860 shares during the period. Finally, Stockman Wealth Management Inc. boosted its position in shares of Eagle Bancorp Montana by 10.3% in the fourth quarter. Stockman Wealth Management Inc. now owns 25,179 shares of the bank’s stock valued at $407,000 after acquiring an additional 2,346 shares during the period. 35.95% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Eagle Bancorp Montana stock traded up $0.14 during trading hours on Tuesday, reaching $16.79. 508 shares of the stock traded hands, compared to its average volume of 3,432. The business’s 50 day moving average is $16.65. The company has a market capitalization of $106.30 million, a price-to-earnings ratio of 15.69, a price-to-earnings-growth ratio of 1.02 and a beta of 0.47. Eagle Bancorp Montana has a one year low of $14.20 and a one year high of $19.40. The company has a quick ratio of 0.98, a current ratio of 0.99 and a debt-to-equity ratio of 1.04.
The business also recently disclosed a quarterly dividend, which was paid on Friday, June 7th. Stockholders of record on Friday, May 17th were given a dividend of $0.0925 per share. The ex-dividend date was Thursday, May 16th. This represents a $0.37 dividend on an annualized basis and a dividend yield of 2.20%. Eagle Bancorp Montana’s payout ratio is currently 34.58%.
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 accepts various deposit products, such as checking, savings, money market, and individual retirement accounts, as well as certificates of deposit accounts.
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