Eagle Bancorp Montana (NASDAQ:EBMT) Shares Cross Above Two Hundred Day Moving Average – Here’s Why

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $16.97 and traded as high as $20.11. Eagle Bancorp Montana shares last traded at $19.62, with a volume of 42,090 shares.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “buy (b-)” rating on shares of Eagle Bancorp Montana in a research report on Tuesday, December 16th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy”.

Eagle Bancorp Montana Trading Down 1.1%

The company has a quick ratio of 0.88, a current ratio of 0.89 and a debt-to-equity ratio of 0.74. The business’s fifty day moving average is $17.16 and its two-hundred day moving average is $16.97. The firm has a market cap of $155.98 million, a price-to-earnings ratio of 11.41 and a beta of 0.33.

Eagle Bancorp Montana (NASDAQ:EBMT) last announced its quarterly earnings data on Tuesday, October 28th. The bank reported $0.46 EPS for the quarter, meeting analysts’ consensus estimates of $0.46. The firm had revenue of $23.41 million for the quarter, compared to analyst estimates of $18.19 million. Eagle Bancorp Montana had a return on equity of 7.53% and a net margin of 10.76%. Equities analysts anticipate that Eagle Bancorp Montana, Inc. will post 1.61 earnings per share for the current fiscal year.

Eagle Bancorp Montana Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 5th. Investors of record on Friday, November 14th were given a $0.145 dividend. This represents a $0.58 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date was Friday, November 14th. Eagle Bancorp Montana’s dividend payout ratio (DPR) is presently 33.72%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Bridgeway Capital Management LLC grew its position in shares of Eagle Bancorp Montana by 5.2% during the 3rd quarter. Bridgeway Capital Management LLC now owns 67,232 shares of the bank’s stock worth $1,161,000 after buying an additional 3,294 shares during the period. BNP Paribas Financial Markets boosted its stake in Eagle Bancorp Montana by 60.8% in the third quarter. BNP Paribas Financial Markets now owns 1,757 shares of the bank’s stock valued at $30,000 after acquiring an additional 664 shares during the last quarter. Russell Investments Group Ltd. acquired a new stake in Eagle Bancorp Montana during the 3rd quarter worth $25,000. Barclays PLC grew its holdings in Eagle Bancorp Montana by 59.5% during the 3rd quarter. Barclays PLC now owns 43,792 shares of the bank’s stock worth $756,000 after acquiring an additional 16,343 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in shares of Eagle Bancorp Montana by 2.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 187,849 shares of the bank’s stock valued at $3,244,000 after acquiring an additional 5,324 shares during the last quarter. Institutional investors own 35.66% of the company’s stock.

Eagle Bancorp Montana Company Profile

Eagle Bancorp Montana, Inc is a bank holding company headquartered in Helena, Montana, that operates through its wholly owned subsidiary, Eagle Bank & Trust. The company offers a range of community banking services to individuals, small businesses and governmental entities. Its core offerings include deposit accounts, commercial and consumer lending, mortgage financing and treasury management.

Through Eagle Bank & Trust, the company provides checking and savings accounts, certificates of deposit, online and mobile banking platforms, ATM access and cash management solutions designed to meet the needs of local customers.