Eagle Bancorp Montana (NASDAQ:EBMT) Share Price Passes Above 200 Day Moving Average - Should You Sell?

Key Points

• Technical breakout: Eagle Bancorp Montana shares crossed above their 200‑day moving average (200‑day MA $19.49), trading as high as $22.14 and last at $21.71.
• Fundamentals strong: The company beat quarterly estimates with $0.60 EPS vs. $0.47 expected and $24.29M revenue, trades at a PE of 11.55, and pays a $0.145 quarterly dividend (≈2.7% yield).
• Mixed sentiment and insider selling: Analysts’ consensus is a "Hold" with a $23.00 target (one Buy, two Holds), while insiders sold about 19,647 shares (~$446k) in the past 90 days.

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $19.49 and traded as high as $22.14. Eagle Bancorp Montana shares last traded at $21.71, with a volume of 32,251 shares.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Zacks Research cut Eagle Bancorp Montana from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 30th. DA Davidson increased their target price on Eagle Bancorp Montana from $21.00 to $23.00 and gave the stock a "neutral" rating in a research note on Wednesday, January 28th. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of Eagle Bancorp Montana in a research note on Friday, April 10th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, Eagle Bancorp Montana currently has an average rating of "Hold" and a consensus target price of $23.00.

Eagle Bancorp Montana Stock Performance

The stock has a market capitalization of $173.03 million, a PE ratio of 11.55 and a beta of 0.30. The business has a 50 day moving average price of $21.61 and a 200 day moving average price of $19.49. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.87 and a quick ratio of 0.86.

Eagle Bancorp Montana (NASDAQ:EBMT - Get Free Report) last released its earnings results on Tuesday, January 27th. The bank reported $0.60 EPS for the quarter, topping analysts' consensus estimates of $0.47 by $0.13. Eagle Bancorp Montana had a return on equity of 8.06% and a net margin of 11.67%.The firm had revenue of $24.29 million for the quarter, compared to analysts' expectations of $18.89 million. As a group, equities research analysts expect that Eagle Bancorp Montana, Inc. will post 1.61 earnings per share for the current year.

Eagle Bancorp Montana Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 6th. Investors of record on Friday, February 13th were given a dividend of $0.145 per share. The ex-dividend date of this dividend was Friday, February 13th. This represents a $0.58 annualized dividend and a dividend yield of 2.7%. Eagle Bancorp Montana's dividend payout ratio (DPR) is 30.85%.

Insider Activity at Eagle Bancorp Montana

In related news, Director Samuel Waters sold 2,100 shares of the stock in a transaction on Friday, February 20th. The stock was sold at an average price of $22.48, for a total transaction of $47,208.00. Following the sale, the director directly owned 31,534 shares of the company's stock, valued at $708,884.32. This trade represents a 6.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Peter Joseph Johnson sold 3,355 shares of the stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $23.11, for a total value of $77,534.05. Following the sale, the director directly owned 45,518 shares in the company, valued at $1,051,920.98. This trade represents a 6.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 19,647 shares of company stock valued at $446,110 over the last ninety days. Insiders own 5.80% of the company's stock.

Institutional Investors Weigh In On Eagle Bancorp Montana

Several institutional investors have recently modified their holdings of the business. Brandes Investment Partners LP boosted its position in shares of Eagle Bancorp Montana by 6.0% during the fourth quarter. Brandes Investment Partners LP now owns 413,888 shares of the bank's stock valued at $8,236,000 after buying an additional 23,519 shares during the last quarter. Fourthstone LLC boosted its position in shares of Eagle Bancorp Montana by 272.3% during the fourth quarter. Fourthstone LLC now owns 342,748 shares of the bank's stock valued at $6,821,000 after buying an additional 250,681 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Eagle Bancorp Montana by 4.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 196,281 shares of the bank's stock valued at $3,906,000 after buying an additional 8,432 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Eagle Bancorp Montana by 108.0% during the second quarter. Geode Capital Management LLC now owns 173,405 shares of the bank's stock valued at $2,891,000 after buying an additional 90,024 shares during the last quarter. Finally, Bank of America Corp DE boosted its position in shares of Eagle Bancorp Montana by 6.3% during the second quarter. Bank of America Corp DE now owns 77,711 shares of the bank's stock valued at $1,295,000 after buying an additional 4,637 shares during the last quarter. 35.66% of the stock is owned by hedge funds and other institutional investors.

Eagle Bancorp Montana Company Profile

Eagle Bancorp Montana, Inc is a bank holding company headquartered in Helena, Montana, that operates through its wholly owned subsidiary, Eagle Bank & Trust. The company offers a range of community banking services to individuals, small businesses and governmental entities. Its core offerings include deposit accounts, commercial and consumer lending, mortgage financing and treasury management.

Through Eagle Bank & Trust, the company provides checking and savings accounts, certificates of deposit, online and mobile banking platforms, ATM access and cash management solutions designed to meet the needs of local customers.

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