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 report released on Wednesday, October 30th. DA Davidson analyst J. Rulis forecasts 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 $1.10 per share.

Eagle Bancorp Montana (NASDAQ:EBMT) last posted its earnings results on Tuesday, October 29th. The bank reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.04. The firm had revenue of $31.74 million during the quarter, compared to analysts’ expectations of $20.60 million. Eagle Bancorp Montana had a net margin of 7.03% and a return on equity of 5.02%.

Several other equities analysts have also weighed in on EBMT. StockNews.com started coverage on Eagle Bancorp Montana in a research note on Sunday, September 15th. They issued a “hold” rating for the company. Hovde Group initiated coverage on Eagle Bancorp Montana in a research report on Friday, July 5th. They issued a “market perform” rating and a $13.50 price objective for the company.

Eagle Bancorp Montana Stock Down 2.5 %

EBMT opened at $16.29 on Thursday. The company has a fifty day moving average of $15.79 and a two-hundred day moving average of $14.18. 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 fifty-two week low of $11.26 and a fifty-two week high of $17.65. The stock has a market capitalization of $130.65 million, a price-to-earnings ratio of 15.08 and a beta of 0.53.

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 $0.142 dividend. The ex-dividend date is Friday, November 15th. This represents a $0.57 annualized dividend and a dividend yield of 3.49%. Eagle Bancorp Montana’s dividend payout ratio (DPR) is 52.78%.

Insider Activity

In related news, Director Peter Joseph Johnson sold 7,374 shares of the company’s stock in a transaction dated Friday, August 23rd. The shares were 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 owns 61,139 shares in the company, valued at $873,064.92. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold a total of 9,079 shares of company stock worth $129,171 over the last 90 days. 6.70% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in EBMT. Vanguard Group Inc. boosted its stake in 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 purchasing an additional 1,075 shares during the last quarter. Brandes Investment Partners LP lifted its stake in shares of Eagle Bancorp Montana by 14.3% in the second quarter. Brandes Investment Partners LP now owns 171,174 shares of the bank’s stock worth $2,254,000 after buying 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% in the second quarter. Dimensional Fund Advisors LP now owns 93,172 shares of the bank’s stock worth $1,236,000 after buying an additional 2,937 shares in the last quarter. John G Ullman & Associates Inc. boosted its position in 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 acquiring an additional 26,690 shares during the last quarter. Finally, Empowered Funds LLC grew its stake in Eagle Bancorp Montana by 7.6% during the 1st quarter. Empowered Funds LLC now owns 19,936 shares of the bank’s stock valued at $256,000 after acquiring an additional 1,400 shares in the last quarter. 35.66% of the stock is owned by institutional investors and hedge funds.

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.