Eagle Bancorp Montana (EBMT) to Release Quarterly Earnings on Tuesday

Eagle Bancorp Montana (NASDAQ:EBMT) is expected to issue its quarterly earnings data before the market opens on Tuesday, April 22nd. Analysts expect the company to announce earnings of $0.33 per share and revenue of $16.69 million for the quarter.

Eagle Bancorp Montana (NASDAQ:EBMT) last issued its quarterly earnings results on Tuesday, January 28th. The bank reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.15. Eagle Bancorp Montana had a return on equity of 5.68% and a net margin of 8.02%. On average, analysts expect Eagle Bancorp Montana to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Eagle Bancorp Montana Trading Up 2.1 %

Shares of Eagle Bancorp Montana stock opened at $16.52 on Monday. The business has a fifty day simple moving average of $16.87 and a 200-day simple moving average of $16.34. Eagle Bancorp Montana has a fifty-two week low of $12.42 and a fifty-two week high of $18.37. The firm has a market cap of $131.78 million, a price-to-earnings ratio of 13.32 and a beta of 0.40. The company has a quick ratio of 0.93, a current ratio of 0.94 and a debt-to-equity ratio of 1.57.

Eagle Bancorp Montana Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 7th. Shareholders of record on Friday, February 14th were given a $0.1425 dividend. The ex-dividend date of this dividend was Friday, February 14th. This is a boost from Eagle Bancorp Montana’s previous quarterly dividend of $0.14. This represents a $0.57 annualized dividend and a yield of 3.45%. Eagle Bancorp Montana’s payout ratio is 45.97%.

Insider Buying and Selling at Eagle Bancorp Montana

In related news, Director Kenneth M. Walsh sold 10,000 shares of Eagle Bancorp Montana stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $15.11, for a total value of $151,100.00. Following the transaction, the director now directly owns 126,033 shares in the company, valued at $1,904,358.63. The trade was a 7.35 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 6.10% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Eagle Bancorp Montana

An institutional investor recently raised its position in Eagle Bancorp Montana stock. Bank of America Corp DE boosted its stake in shares of Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) by 18.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,123 shares of the bank’s stock after buying an additional 803 shares during the period. Bank of America Corp DE owned about 0.06% of Eagle Bancorp Montana worth $79,000 at the end of the most recent reporting period. 35.66% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Eagle Bancorp Montana from a “hold” rating to a “buy” rating in a research note on Wednesday, January 29th.

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 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.