Q4 Earnings Forecast for EBMT Issued By DA Davidson

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

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

Several other equities research analysts have also recently issued reports on EBMT. StockNews.com assumed coverage on Eagle Bancorp Montana in a report on Sunday, September 15th. They set a “hold” rating on the stock. Hovde Group assumed coverage on Eagle Bancorp Montana in a report on Friday, July 5th. They set a “market perform” rating and a $13.50 price objective on the stock.

Eagle Bancorp Montana Price Performance

Shares of NASDAQ:EBMT opened at $16.80 on Thursday. The business’s fifty day moving average price is $15.71 and its two-hundred day moving average price is $14.14. The stock has a market cap of $134.69 million, a PE ratio of 15.00 and a beta of 0.53. 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 has a one year low of $11.26 and a one year high of $17.65.

Eagle Bancorp Montana Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 15th will be given a $0.142 dividend. This represents a $0.57 annualized dividend and a dividend yield of 3.38%. The ex-dividend date of this dividend is Friday, November 15th. Eagle Bancorp Montana’s dividend payout ratio (DPR) is currently 50.89%.

Insider Buying and Selling

In related news, Director Peter Joseph Johnson sold 7,374 shares of the 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 transaction, the director now directly owns 61,139 shares of the company’s stock, valued at approximately $873,064.92. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In the last ninety days, insiders have sold 9,079 shares of company stock valued at $129,171. 6.70% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Brandes Investment Partners LP lifted its stake in shares of Eagle Bancorp Montana by 14.3% during the second quarter. Brandes Investment Partners LP now owns 171,174 shares of the bank’s stock worth $2,254,000 after purchasing an additional 21,441 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Eagle Bancorp Montana by 3.3% during the second quarter. Dimensional Fund Advisors LP now owns 93,172 shares of the bank’s stock worth $1,236,000 after purchasing an additional 2,937 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of Eagle Bancorp Montana by 0.3% during the first quarter. Vanguard Group Inc. now owns 361,193 shares of the bank’s stock worth $4,638,000 after purchasing an additional 1,075 shares in the last quarter. Empowered Funds LLC lifted its stake in shares of Eagle Bancorp Montana by 7.6% during the first quarter. Empowered Funds LLC now owns 19,936 shares of the bank’s stock worth $256,000 after purchasing an additional 1,400 shares in the last quarter. Finally, John G Ullman & Associates Inc. lifted its stake in shares of Eagle Bancorp Montana by 105.1% during the first quarter. John G Ullman & Associates Inc. now owns 52,082 shares of the bank’s stock worth $669,000 after purchasing an additional 26,690 shares in the last quarter. Institutional investors and hedge funds own 35.66% 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 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.