Wall Street brokerages predict that Eagle Bancorp Montana Inc (NASDAQ:EBMT) will announce $13.45 million in sales for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for Eagle Bancorp Montana’s earnings, with the lowest sales estimate coming in at $13.30 million and the highest estimate coming in at $13.60 million. Eagle Bancorp Montana posted sales of $10.89 million during the same quarter last year, which suggests a positive year-over-year growth rate of 23.5%. The company is expected to announce its next quarterly earnings results on Tuesday, July 23rd.
On average, analysts expect that Eagle Bancorp Montana will report full year sales of $54.60 million for the current fiscal year, with estimates ranging from $54.30 million to $54.90 million. For the next financial year, analysts forecast that the business will report sales of $56.67 million, with estimates ranging from $55.70 million to $57.64 million. Zacks Investment Research’s sales averages are an average based on a survey of research analysts that that provide coverage for Eagle Bancorp Montana.
Eagle Bancorp Montana (NASDAQ:EBMT) last announced its quarterly earnings results on Tuesday, April 23rd. The bank reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.32 by $0.01. Eagle Bancorp Montana had a return on equity of 7.36% and a net margin of 10.63%. The firm had revenue of $13.32 million for the quarter, compared to the consensus estimate of $12.60 million.
Several research analysts have recently issued reports on the stock. Stephens downgraded shares of Eagle Bancorp Montana from an “overweight” rating to an “equal weight” rating in a report on Wednesday, March 6th. Zacks Investment Research downgraded Eagle Bancorp Montana from a “hold” rating to a “sell” rating in a report on Monday, March 4th. Finally, ValuEngine raised shares of Eagle Bancorp Montana from a “sell” rating to a “hold” rating in a research report on Monday, May 13th.
Shares of EBMT stock traded down $0.08 during trading on Thursday, hitting $16.81. The company had a trading volume of 3,427 shares, compared to its average volume of 7,434. The stock’s 50-day simple moving average is $16.64. The company has a quick ratio of 0.98, a current ratio of 0.99 and a debt-to-equity ratio of 1.04. Eagle Bancorp Montana has a one year low of $14.20 and a one year high of $19.35. The company has a market cap of $107.65 million, a price-to-earnings ratio of 15.71, a P/E/G ratio of 1.03 and a beta of 0.47.
The business also recently declared a quarterly dividend, which was paid on Friday, June 7th. Stockholders of record on Friday, May 17th were paid a dividend of $0.0925 per share. The ex-dividend date of this dividend was Thursday, May 16th. This represents a $0.37 annualized dividend and a dividend yield of 2.20%. Eagle Bancorp Montana’s payout ratio is currently 34.58%.
A number of institutional investors have recently added to or reduced their stakes in EBMT. Dimensional Fund Advisors LP lifted its holdings in shares of Eagle Bancorp Montana by 1.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 49,689 shares of the bank’s stock worth $803,000 after acquiring an additional 600 shares during the last quarter. Penn Capital Management Co. Inc. increased its position in shares of Eagle Bancorp Montana by 3.3% during the first quarter. Penn Capital Management Co. Inc. now owns 57,244 shares of the bank’s stock valued at $970,000 after buying an additional 1,802 shares during the period. Stockman Wealth Management Inc. increased its position in shares of Eagle Bancorp Montana by 10.3% during the fourth quarter. Stockman Wealth Management Inc. now owns 25,179 shares of the bank’s stock valued at $407,000 after buying an additional 2,346 shares during the period. Thomson Horstmann & Bryant Inc. grew its holdings in Eagle Bancorp Montana by 4.2% in the fourth quarter. Thomson Horstmann & Bryant Inc. now owns 144,429 shares of the bank’s stock worth $2,383,000 after purchasing an additional 5,860 shares during the period. Finally, B. Riley Financial Inc. purchased a new stake in Eagle Bancorp Montana in the fourth quarter worth about $216,000. Institutional investors and hedge funds own 35.95% of the company’s stock.
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 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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