Eagle Bancorp Montana - EBMT Stock Forecast, Price & News

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. The company also provides 1-4 family residential mortgage loans, such as residential mortgages and construction of residential properties; commercial real estate loans, including multi-family dwellings, nonresidential property, commercial construction and development, and farmland loans; and second mortgage/home equity loans. In addition, it offers consumer loans, such as loans secured by collateral other than real estate, such as automobiles, recreational vehicles, and boats; personal loans and lines of credit; commercial business loans consisting of business loans and lines of credit on a secured and unsecured basis; construction loans; agricultural loans; and mortgage loan services. The company operates 23 full-service branches, 1 community banking office, and 25 automated teller machines. Eagle Bancorp Montana, Inc. was founded in 1922 and is headquartered in Helena, Montana.

Eagle Bancorp Montana Price Performance

NASDAQ:EBMT traded down $0.16 on Wednesday, hitting $19.30. The company had a trading volume of 2,799 shares, compared to its average volume of 10,576. The company has a market capitalization of $155.09 million, a PE ratio of 12.45 and a beta of 0.60. The company's fifty day moving average price is $19.44 and its 200-day moving average price is $20.73. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.78 and a quick ratio of 0.77. Eagle Bancorp Montana has a 12-month low of $18.69 and a 12-month high of $24.74.

Eagle Bancorp Montana (NASDAQ:EBMT - Get Rating) last issued its quarterly earnings results on Tuesday, July 26th. The bank reported $0.42 EPS for the quarter, missing the consensus estimate of $0.62 by ($0.20). The company had revenue of $23.31 million during the quarter, compared to analysts' expectations of $25.30 million. Eagle Bancorp Montana had a return on equity of 7.70% and a net margin of 10.95%. As a group, analysts predict that Eagle Bancorp Montana will post 1.84 earnings per share for the current year.

Eagle Bancorp Montana Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 2nd. Shareholders of record on Friday, August 12th will be paid a dividend of $0.138 per share. This represents a $0.55 annualized dividend and a yield of 2.86%. The ex-dividend date is Thursday, August 11th. This is a boost from Eagle Bancorp Montana's previous quarterly dividend of $0.13. Eagle Bancorp Montana's payout ratio is 35.48%.

Analyst Ratings Changes

Several research firms have recently weighed in on EBMT. StockNews.com began coverage on shares of Eagle Bancorp Montana in a report on Wednesday. They set a "hold" rating for the company. DA Davidson cut their target price on shares of Eagle Bancorp Montana to $21.00 and set an "outperform" rating for the company in a report on Wednesday, July 27th.

Insiders Place Their Bets

In other Eagle Bancorp Montana news, Director Kenneth M. Walsh sold 10,000 shares of Eagle Bancorp Montana stock in a transaction on Thursday, August 4th. The shares were sold at an average price of $19.33, for a total transaction of $193,300.00. Following the sale, the director now owns 186,083 shares of the company's stock, valued at approximately $3,596,984.39. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 7.40% of the stock is currently owned by corporate insiders.