Eagle Bancorp Montana, Inc. Plans Quarterly Dividend of $0.15 (NASDAQ:EBMT)

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) declared a quarterly dividend on Thursday, October 23rd. Investors of record on Friday, November 14th will be given a dividend of 0.145 per share by the bank on Friday, December 5th. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date is Friday, November 14th.

Eagle Bancorp Montana has raised its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 14 years. Eagle Bancorp Montana has a dividend payout ratio of 31.5% indicating that its dividend is sufficiently covered by earnings. Analysts expect Eagle Bancorp Montana to earn $1.73 per share next year, which means the company should continue to be able to cover its $0.58 annual dividend with an expected future payout ratio of 33.5%.

Eagle Bancorp Montana Price Performance

EBMT stock traded down $0.03 during midday trading on Wednesday, reaching $16.66. The company had a trading volume of 4,328 shares, compared to its average volume of 37,031. The firm has a 50-day moving average price of $17.00 and a 200-day moving average price of $16.93. The company has a market capitalization of $132.44 million, a P/E ratio of 9.68 and a beta of 0.37. Eagle Bancorp Montana has a 1 year low of $14.35 and a 1 year high of $18.49. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.90 and a quick ratio of 0.90.

Eagle Bancorp Montana (NASDAQ:EBMT) last posted its quarterly earnings data on Tuesday, October 28th. The bank reported $0.46 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.46. Eagle Bancorp Montana had a net margin of 10.76% and a return on equity of 7.62%. The company had revenue of $23.40 million during the quarter, compared to the consensus estimate of $18.19 million. On average, research analysts anticipate that Eagle Bancorp Montana will post 1.61 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

EBMT has been the subject of a number of research reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of Eagle Bancorp Montana in a report on Wednesday, October 8th. Wall Street Zen lowered Eagle Bancorp Montana from a “buy” rating to a “hold” rating in a research note on Sunday, August 3rd. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Eagle Bancorp Montana has a consensus rating of “Hold”.

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 to small businesses and individuals in Montana. It accepts various deposit products, such as checking, savings, money market, and individual retirement accounts, as well as certificates of deposit accounts.