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

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

Eagle Bancorp Montana (NASDAQ:EBMT) last issued its earnings results on Tuesday, January 28th. The bank reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.15. Eagle Bancorp Montana had a net margin of 8.02% and a return on equity of 5.68%. 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 Price Performance

Shares of NASDAQ:EBMT opened at $15.90 on Tuesday. Eagle Bancorp Montana has a fifty-two week low of $12.32 and a fifty-two week high of $18.37. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.93 and a current ratio of 0.94. The firm has a fifty day moving average price of $16.79 and a 200 day moving average price of $16.33. The firm has a market cap of $126.83 million, a price-to-earnings ratio of 12.82 and a beta of 0.40.

Eagle Bancorp Montana Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 7th. Investors of record on Friday, February 14th were issued a $0.1425 dividend. This is an increase from Eagle Bancorp Montana’s previous quarterly dividend of $0.14. The ex-dividend date was Friday, February 14th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 3.58%. Eagle Bancorp Montana’s dividend payout ratio (DPR) is presently 45.97%.

Insider Transactions at Eagle Bancorp Montana

In related news, Director Kenneth M. Walsh sold 10,000 shares of the company’s stock in a transaction that occurred 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 sale, the director now owns 126,033 shares in the company, valued at $1,904,358.63. This represents a 7.35 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 6.10% of the company’s stock.

Institutional Inflows and Outflows

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

Analyst Ratings Changes

Separately, StockNews.com upgraded Eagle Bancorp Montana from a “hold” rating to a “buy” rating in a report on Wednesday, January 29th.

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.