Eagle Bancorp Montana Inc (NASDAQ:EBMT) – Investment analysts at FIG Partners reduced their Q4 2018 earnings estimates for Eagle Bancorp Montana in a research report issued to clients and investors on Monday, October 29th. FIG Partners analyst T. Coffey now forecasts that the bank will earn $0.33 per share for the quarter, down from their previous forecast of $0.39. FIG Partners also issued estimates for Eagle Bancorp Montana’s Q2 2019 earnings at $0.37 EPS, Q3 2019 earnings at $0.50 EPS, Q1 2020 earnings at $0.46 EPS, Q2 2020 earnings at $0.49 EPS and Q3 2020 earnings at $0.52 EPS.
Eagle Bancorp Montana (NASDAQ:EBMT) last released its quarterly earnings results on Tuesday, October 23rd. The bank reported $0.30 earnings per share for the quarter, hitting the consensus estimate of $0.30. The company had revenue of $11.24 million during the quarter, compared to the consensus estimate of $10.99 million. Eagle Bancorp Montana had a return on equity of 6.25% and a net margin of 8.85%.
Eagle Bancorp Montana stock opened at $16.45 on Wednesday. The company has a quick ratio of 0.95, a current ratio of 0.97 and a debt-to-equity ratio of 1.27. The firm has a market cap of $88.19 million, a price-to-earnings ratio of 12.95, a P/E/G ratio of 1.49 and a beta of 0.22. Eagle Bancorp Montana has a fifty-two week low of $14.20 and a fifty-two week high of $21.95.
The business also recently declared a quarterly dividend, which will be paid on Friday, December 7th. Shareholders of record on Friday, November 16th will be given a dividend of $0.0925 per share. This represents a $0.37 annualized dividend and a yield of 2.25%. The ex-dividend date is Thursday, November 15th. Eagle Bancorp Montana’s payout ratio is 29.13%.
A hedge fund recently raised its stake in Eagle Bancorp Montana stock. Renaissance Technologies LLC grew its stake in shares of Eagle Bancorp Montana Inc (NASDAQ:EBMT) by 14.9% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 48,260 shares of the bank’s stock after buying an additional 6,260 shares during the period. Renaissance Technologies LLC owned 0.88% of Eagle Bancorp Montana worth $931,000 at the end of the most recent reporting period. 42.18% of the stock is owned by hedge funds and other institutional investors.
About Eagle Bancorp Montana
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.
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