FY2018 EPS Estimates for Eagle Bancorp Montana Inc (EBMT) Decreased by Analyst

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Eagle Bancorp Montana Inc (NASDAQ:EBMT) – FIG Partners cut their FY2018 earnings estimates for shares of Eagle Bancorp Montana in a report released on Monday, October 29th. FIG Partners analyst T. Coffey now expects that the bank will earn $1.09 per share for the year, down from their prior estimate of $1.13. FIG Partners also issued estimates for Eagle Bancorp Montana’s Q1 2019 earnings at $0.30 EPS, Q4 2019 earnings at $0.52 EPS, FY2019 earnings at $1.69 EPS and FY2020 earnings at $1.96 EPS.

Separately, Zacks Investment Research raised shares of Eagle Bancorp Montana from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 28th.

Shares of NASDAQ EBMT opened at $16.45 on Thursday. The company has a current ratio of 0.97, a quick ratio of 0.95 and a debt-to-equity ratio of 1.27. The stock has a market cap of $87.26 million, a PE ratio of 15.22, a P/E/G ratio of 1.49 and a beta of 0.22. Eagle Bancorp Montana has a 52-week low of $14.20 and a 52-week high of $21.95.

Eagle Bancorp Montana (NASDAQ:EBMT) last announced its quarterly earnings results on Tuesday, October 23rd. The bank reported $0.30 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.30. The firm had revenue of $11.24 million for the quarter, compared to the consensus estimate of $10.99 million. Eagle Bancorp Montana had a net margin of 8.85% and a return on equity of 6.25%.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 7th. Investors of record on Friday, November 16th will be issued a $0.0925 dividend. This represents a $0.37 dividend on an annualized basis and a dividend yield of 2.25%. The ex-dividend date of this dividend is Thursday, November 15th. Eagle Bancorp Montana’s payout ratio is 29.13%.

An institutional investor recently raised its position in Eagle Bancorp Montana stock. Renaissance Technologies LLC increased its holdings in Eagle Bancorp Montana Inc (NASDAQ:EBMT) by 14.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 48,260 shares of the bank’s stock after buying an additional 6,260 shares during the quarter. Renaissance Technologies LLC owned 0.88% of Eagle Bancorp Montana worth $931,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 42.18% of the company’s stock.

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 in Montana. The company offers one-to-four family residential mortgage loans; commercial real estate loans; real estate construction loans; home equity loans; commercial business loans consisting of business loans and lines of credit on a secured and unsecured basis; and consumer loans comprising loans that are secured by collateral other than real estate, such as automobiles, recreational vehicles, and boats.

Further Reading: Asset Allocation

Earnings History and Estimates for Eagle Bancorp Montana (NASDAQ:EBMT)

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