Q4 Earnings Forecast for EBMT Issued By DA Davidson

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) – Equities researchers at DA Davidson issued their Q4 2024 earnings per share (EPS) estimates for shares of Eagle Bancorp Montana in a note issued to investors on Wednesday, October 30th. DA Davidson analyst J. Rulis forecasts that the bank will post earnings of $0.31 per share for the quarter. The consensus estimate for Eagle Bancorp Montana’s current full-year earnings is $1.07 per share.

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

Eagle Bancorp Montana Trading Down 0.4 %

EBMT opened at $16.80 on Thursday. Eagle Bancorp Montana has a 12 month low of $11.26 and a 12 month high of $17.65. The stock has a market capitalization of $134.69 million, a price-to-earnings ratio of 15.00 and a beta of 0.53. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.94 and a quick ratio of 0.93. The business has a fifty day moving average price of $15.71 and a 200 day moving average price of $14.14.

Eagle Bancorp Montana (NASDAQ:EBMT) last released its earnings results on Tuesday, October 29th. The bank reported $0.34 EPS for the quarter, topping the consensus estimate of $0.30 by $0.04. Eagle Bancorp Montana had a return on equity of 5.07% and a net margin of 7.06%. The firm had revenue of $31.74 million during the quarter, compared to analysts’ expectations of $20.60 million.

Institutional Trading of Eagle Bancorp Montana

A number of large investors have recently made changes to their positions in the company. Brandes Investment Partners LP boosted its position in shares of Eagle Bancorp Montana by 14.3% in the 2nd quarter. Brandes Investment Partners LP now owns 171,174 shares of the bank’s stock valued at $2,254,000 after purchasing an additional 21,441 shares during the period. Dimensional Fund Advisors LP raised its stake in Eagle Bancorp Montana by 3.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 93,172 shares of the bank’s stock valued at $1,236,000 after acquiring an additional 2,937 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Eagle Bancorp Montana by 0.3% during the 1st quarter. Vanguard Group Inc. now owns 361,193 shares of the bank’s stock worth $4,638,000 after buying an additional 1,075 shares in the last quarter. Empowered Funds LLC raised its stake in shares of Eagle Bancorp Montana by 7.6% during the 1st quarter. Empowered Funds LLC now owns 19,936 shares of the bank’s stock worth $256,000 after buying an additional 1,400 shares in the last quarter. Finally, John G Ullman & Associates Inc. raised its stake in shares of Eagle Bancorp Montana by 105.1% during the 1st quarter. John G Ullman & Associates Inc. now owns 52,082 shares of the bank’s stock worth $669,000 after buying an additional 26,690 shares in the last quarter. 35.66% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Eagle Bancorp Montana

In other news, Director Peter Joseph Johnson sold 7,374 shares of the company’s stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $14.28, for a total transaction of $105,300.72. Following the completion of the transaction, the director now directly owns 61,139 shares of the company’s stock, valued at approximately $873,064.92. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In the last ninety days, insiders sold 9,079 shares of company stock valued at $129,171. 6.70% of the stock is currently owned by corporate insiders.

Eagle Bancorp Montana Dividend Announcement

The firm also recently disclosed 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. The ex-dividend date is Friday, November 15th. This represents a $0.57 annualized dividend and a dividend yield of 3.38%. Eagle Bancorp Montana’s dividend payout ratio is currently 50.89%.

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.