Eagle Bancorp Montana (NASDAQ:EBMT) Now Covered by Analysts at StockNews.com

StockNews.com began coverage on shares of Eagle Bancorp Montana (NASDAQ:EBMTGet Rating) in a report released on Monday. The firm issued a hold rating on the bank’s stock.

Separately, Zacks Investment Research raised Eagle Bancorp Montana from a sell rating to a hold rating in a research note on Thursday, March 31st.

Shares of Eagle Bancorp Montana stock opened at $21.65 on Monday. Eagle Bancorp Montana has a one year low of $21.62 and a one year high of $25.56. The company has a market cap of $144.95 million, a price-to-earnings ratio of 10.02 and a beta of 0.66. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.79 and a current ratio of 0.82. The business’s 50 day moving average price is $22.33 and its 200 day moving average price is $22.55.

Eagle Bancorp Montana (NASDAQ:EBMTGet Rating) last announced its quarterly earnings data on Tuesday, January 25th. The bank reported $0.26 EPS for the quarter, missing the Zacks’ consensus estimate of $0.56 by ($0.30). Eagle Bancorp Montana had a return on equity of 9.28% and a net margin of 14.79%. The company had revenue of $21.76 million for the quarter, compared to analysts’ expectations of $24.00 million. On average, analysts predict that Eagle Bancorp Montana will post 2.57 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, March 4th. Shareholders of record on Friday, February 11th were paid a dividend of $0.125 per share. The ex-dividend date of this dividend was Thursday, February 10th. This represents a $0.50 annualized dividend and a yield of 2.31%. Eagle Bancorp Montana’s dividend payout ratio (DPR) is 23.15%.

In other Eagle Bancorp Montana news, Director Kenneth M. Walsh sold 10,000 shares of the firm’s stock in a transaction on Tuesday, February 1st. The stock was sold at an average price of $22.40, for a total transaction of $224,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 7.40% of the stock is owned by company insiders.

Several hedge funds and other institutional investors have recently modified their holdings of EBMT. Royal Bank of Canada grew its stake in shares of Eagle Bancorp Montana by 197.1% in the second quarter. Royal Bank of Canada now owns 2,148 shares of the bank’s stock valued at $49,000 after buying an additional 1,425 shares in the last quarter. Advisor Group Holdings Inc. grew its stake in shares of Eagle Bancorp Montana by 274.2% in the fourth quarter. Advisor Group Holdings Inc. now owns 5,639 shares of the bank’s stock valued at $129,000 after buying an additional 4,132 shares in the last quarter. Wells Fargo & Company MN grew its stake in shares of Eagle Bancorp Montana by 35.6% in the fourth quarter. Wells Fargo & Company MN now owns 5,996 shares of the bank’s stock valued at $138,000 after buying an additional 1,575 shares in the last quarter. Fourthstone LLC acquired a new stake in shares of Eagle Bancorp Montana in the third quarter valued at $227,000. Finally, Barclays PLC grew its stake in shares of Eagle Bancorp Montana by 24.1% in the third quarter. Barclays PLC now owns 10,298 shares of the bank’s stock valued at $229,000 after buying an additional 2,000 shares in the last quarter. 41.33% of the stock is owned by institutional investors and hedge funds.

About Eagle Bancorp Montana (Get Rating)

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.

Recommended Stories

Receive News & Ratings for Eagle Bancorp Montana Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eagle Bancorp Montana and related companies with MarketBeat.com's FREE daily email newsletter.