Eagle Bancorp Montana (NASDAQ:EBMT) Issues Earnings Results, Beats Expectations By $0.04 EPS

Eagle Bancorp Montana (NASDAQ:EBMT) announced its quarterly earnings data on Tuesday. The bank reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.04, Yahoo Finance reports. Eagle Bancorp Montana had a net margin of 7.06% and a return on equity of 5.07%.

Eagle Bancorp Montana Stock Performance

Eagle Bancorp Montana stock opened at $16.97 on Wednesday. Eagle Bancorp Montana has a fifty-two week low of $11.26 and a fifty-two week high of $17.65. The company has a market capitalization of $136.05 million, a PE ratio of 15.05 and a beta of 0.53. The company has a 50 day moving average price of $15.65 and a 200-day moving average price of $14.12. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.93 and a current ratio of 0.94.

Eagle Bancorp Montana Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 15th will be given a dividend of $0.142 per share. This represents a $0.57 dividend on an annualized basis and a dividend yield of 3.35%. The ex-dividend date of this dividend is Friday, November 15th. Eagle Bancorp Montana’s dividend payout ratio (DPR) is presently 50.89%.

Analysts Set New Price Targets

EBMT has been the subject of a number of research analyst reports. Hovde Group started coverage on Eagle Bancorp Montana in a research note on Friday, July 5th. They set a “market perform” rating and a $13.50 price target for the company. StockNews.com started coverage on Eagle Bancorp Montana in a research report on Sunday, September 15th. They set a “hold” rating for the company.

Insiders Place Their Bets

In other Eagle Bancorp Montana news, Director Peter Joseph Johnson sold 7,374 shares of the company’s stock in a transaction on Friday, August 23rd. The stock was sold at an average price of $14.28, for a total value of $105,300.72. Following the completion of the sale, the director now directly owns 61,139 shares in the company, valued at approximately $873,064.92. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold 9,079 shares of company stock worth $129,171 in the last ninety days. 6.70% of the stock is owned by company insiders.

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.