Shares of Eagle Bancorp Montana Inc (NASDAQ:EBMT) have received a consensus broker rating score of 1.00 (Strong Buy) from the three brokers that cover the stock, Zacks Investment Research reports. Three analysts have rated the stock with a strong buy recommendation.
Brokerages have set a 1-year consensus target price of $22.17 for the company and are expecting that the company will post $0.63 EPS for the current quarter, according to Zacks. Zacks has also assigned Eagle Bancorp Montana an industry rank of 162 out of 254 based on the ratings given to its competitors.
A number of analysts recently weighed in on the company. TheStreet downgraded Eagle Bancorp Montana from a “b-” rating to a “c+” rating in a research note on Monday, March 30th. Hovde Group assumed coverage on Eagle Bancorp Montana in a research note on Thursday, February 13th. They issued an “outperform” rating and a $25.50 price target on the stock. ValuEngine downgraded Eagle Bancorp Montana from a “sell” rating to a “strong sell” rating in a research note on Thursday, April 30th. Zacks Investment Research raised Eagle Bancorp Montana from a “sell” rating to a “hold” rating and set a $20.00 price objective for the company in a report on Wednesday, April 29th. Finally, DA Davidson lifted their price objective on Eagle Bancorp Montana from $16.00 to $19.00 and gave the stock a “buy” rating in a report on Thursday, April 9th.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in EBMT. Fourthstone LLC acquired a new position in shares of Eagle Bancorp Montana in the fourth quarter worth $3,764,000. Castine Capital Management LLC raised its holdings in shares of Eagle Bancorp Montana by 166.6% in the first quarter. Castine Capital Management LLC now owns 126,238 shares of the bank’s stock worth $2,047,000 after acquiring an additional 78,881 shares during the last quarter. Renaissance Technologies LLC raised its holdings in shares of Eagle Bancorp Montana by 74.1% in the fourth quarter. Renaissance Technologies LLC now owns 104,526 shares of the bank’s stock worth $2,236,000 after acquiring an additional 44,494 shares during the last quarter. Deprince Race & Zollo Inc. raised its holdings in shares of Eagle Bancorp Montana by 28.5% in the first quarter. Deprince Race & Zollo Inc. now owns 119,923 shares of the bank’s stock worth $1,944,000 after acquiring an additional 26,617 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of Eagle Bancorp Montana by 143.9% in the first quarter. Geode Capital Management LLC now owns 34,811 shares of the bank’s stock worth $564,000 after acquiring an additional 20,537 shares during the last quarter. 40.18% of the stock is owned by institutional investors.
Eagle Bancorp Montana stock opened at $17.64 on Wednesday. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.95 and a quick ratio of 0.93. Eagle Bancorp Montana has a 1-year low of $11.74 and a 1-year high of $22.98. The company has a market cap of $117.90 million, a PE ratio of 8.52 and a beta of 0.70. The stock’s 50 day moving average price is $16.89 and its 200 day moving average price is $19.10.
Eagle Bancorp Montana (NASDAQ:EBMT) last posted its quarterly earnings results on Tuesday, April 28th. The bank reported $0.57 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.46 by $0.11. Eagle Bancorp Montana had a return on equity of 11.90% and a net margin of 17.74%. The firm had revenue of $18.78 million for the quarter, compared to the consensus estimate of $16.36 million. On average, equities research analysts anticipate that Eagle Bancorp Montana will post 2.15 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 15th will be issued a dividend of $0.095 per share. The ex-dividend date of this dividend is Thursday, May 14th. This represents a $0.38 annualized dividend and a yield of 2.15%. Eagle Bancorp Montana’s dividend payout ratio is presently 19.49%.
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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