DA Davidson Has Strong Outlook for EBMT FY2025 Earnings

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT - Free Report) - Equities researchers at DA Davidson raised their FY2025 earnings per share (EPS) estimates for shares of Eagle Bancorp Montana in a research report issued on Wednesday, April 30th. DA Davidson analyst J. Rulis now expects that the bank will post earnings of $1.70 per share for the year, up from their prior 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 announced its quarterly earnings data on Tuesday, April 29th. The bank reported $0.41 earnings per share for the quarter, topping analysts' consensus estimates of $0.33 by $0.08. The firm had revenue of $20.90 million during the quarter, compared to analyst estimates of $16.69 million. Eagle Bancorp Montana had a net margin of 8.02% and a return on equity of 5.68%.

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

Eagle Bancorp Montana Trading Up 0.6 %

NASDAQ EBMT opened at $17.50 on Friday. The firm has a market cap of $139.60 million, a PE ratio of 14.11 and a beta of 0.40. Eagle Bancorp Montana has a 1-year low of $12.61 and a 1-year high of $18.37. The stock has a 50-day moving average of $16.87 and a 200-day moving average of $16.41. The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 1.57.

Eagle Bancorp Montana Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Friday, May 16th will be given a $0.1425 dividend. This represents a $0.57 dividend on an annualized basis and a dividend yield of 3.26%. The ex-dividend date is Friday, May 16th. Eagle Bancorp Montana's payout ratio is 40.43%.

Insider Transactions at Eagle Bancorp Montana

In other news, Director Kenneth M. Walsh sold 10,000 shares of Eagle Bancorp Montana stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $15.11, for a total transaction of $151,100.00. Following the sale, the director now owns 126,033 shares of the company's stock, valued at approximately $1,904,358.63. The trade was a 7.35 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 6.10% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. State Street Corp boosted its position in shares of Eagle Bancorp Montana by 5.9% during the third quarter. State Street Corp now owns 17,838 shares of the bank's stock valued at $282,000 after purchasing an additional 1,000 shares in the last quarter. Barclays PLC boosted its holdings 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 buying an additional 2,165 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Eagle Bancorp Montana by 17.5% during the 3rd quarter. Geode Capital Management LLC now owns 77,133 shares of the bank's stock valued at $1,218,000 after buying an additional 11,490 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in shares of Eagle Bancorp Montana by 3.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 45,699 shares of the bank's stock worth $701,000 after acquiring an additional 1,699 shares in the last quarter. Finally, Empowered Funds LLC increased its stake in shares of Eagle Bancorp Montana by 4.3% in the 4th quarter. Empowered Funds LLC now owns 23,408 shares of the bank's stock worth $359,000 after acquiring an additional 960 shares in the last quarter. Hedge funds and other institutional investors own 35.66% of the company's stock.

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 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.

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