DA Davidson Has Bullish Forecast for EBMT FY2025 Earnings

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT - Free Report) - Equities researchers at DA Davidson boosted their FY2025 earnings estimates for shares of Eagle Bancorp Montana in a note issued to investors on Wednesday, April 30th. DA Davidson analyst J. Rulis now expects that the bank will post earnings per share of $1.70 for the year, up from their previous forecast of $1.60. The consensus estimate for Eagle Bancorp Montana's current full-year earnings is $1.61 per share.

Eagle Bancorp Montana (NASDAQ:EBMT - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The bank reported $0.41 EPS for the quarter, topping the consensus estimate of $0.33 by $0.08. Eagle Bancorp Montana had a net margin of 8.02% and a return on equity of 5.68%. The firm had revenue of $20.90 million for the quarter, compared to analysts' expectations of $16.69 million.

Separately, StockNews.com upgraded shares of Eagle Bancorp Montana from a "hold" rating to a "buy" rating in a research note on Wednesday, January 29th.

Eagle Bancorp Montana Stock Performance

Eagle Bancorp Montana stock traded down $0.19 during mid-day trading on Friday, hitting $17.81. 29,327 shares of the company's stock traded hands, compared to its average volume of 20,722. Eagle Bancorp Montana has a fifty-two week low of $12.61 and a fifty-two week high of $18.49. The stock has a market cap of $142.03 million, a price-to-earnings ratio of 14.36 and a beta of 0.37. The firm has a 50 day simple moving average of $16.88 and a two-hundred day simple moving average of $16.44. The company has a debt-to-equity ratio of 1.57, a current ratio of 0.94 and a quick ratio of 0.93.

Eagle Bancorp Montana Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Friday, May 16th will be paid a $0.1425 dividend. This represents a $0.57 dividend on an annualized basis and a yield of 3.20%. The ex-dividend date of this dividend is Friday, May 16th. Eagle Bancorp Montana's payout ratio is 40.43%.

Institutional Investors Weigh In On Eagle Bancorp Montana

A number of hedge funds have recently modified their holdings of EBMT. State Street Corp increased its holdings in Eagle Bancorp Montana by 5.9% in the 3rd quarter. State Street Corp now owns 17,838 shares of the bank's stock worth $282,000 after acquiring an additional 1,000 shares during the last quarter. Barclays PLC raised its stake in shares of Eagle Bancorp Montana by 25.8% during the 3rd quarter. Barclays PLC now owns 10,567 shares of the bank's stock valued at $167,000 after purchasing an additional 2,165 shares during the period. Geode Capital Management LLC grew its stake in Eagle Bancorp Montana by 17.5% during the third quarter. Geode Capital Management LLC now owns 77,133 shares of the bank's stock valued at $1,218,000 after acquiring an additional 11,490 shares in the last quarter. Janney Montgomery Scott LLC raised its position in shares of Eagle Bancorp Montana by 3.9% in the fourth quarter. Janney Montgomery Scott LLC now owns 45,699 shares of the bank's stock worth $701,000 after buying an additional 1,699 shares in the last quarter. Finally, Empowered Funds LLC boosted its position in shares of Eagle Bancorp Montana by 4.3% during the 4th quarter. Empowered Funds LLC now owns 23,408 shares of the bank's stock valued at $359,000 after acquiring an additional 960 shares during the last quarter. Institutional investors 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.