Shares of Eagle Bancorp Montana Inc (NASDAQ:EBMT) have been given an average broker rating score of 1.00 (Strong Buy) from the three analysts that cover the company, Zacks Investment Research reports. Three analysts have rated the stock with a strong buy recommendation.

Analysts have set a twelve-month consensus price objective of $22.17 for the company and are expecting that the company will post $0.63 EPS for the current quarter, according to Zacks. Zacks has also assigned Eagle Bancorp Montana an industry rank of 210 out of 254 based on the ratings given to its competitors.

Several brokerages recently issued reports on EBMT. DA Davidson boosted their price target on Eagle Bancorp Montana from $16.00 to $19.00 and gave the company a “buy” rating in a research note on Thursday, April 9th. ValuEngine lowered Eagle Bancorp Montana from a “sell” rating to a “strong sell” rating in a research note on Thursday, April 30th. Zacks Investment Research upgraded Eagle Bancorp Montana from a “sell” rating to a “hold” rating and set a $20.00 price target on the stock in a research note on Wednesday, April 29th. Finally, TheStreet lowered Eagle Bancorp Montana from a “b-” rating to a “c+” rating in a research note on Monday, March 30th.

Shares of NASDAQ EBMT traded up $0.69 during trading hours on Thursday, hitting $17.97. 28,877 shares of the company’s stock were exchanged, compared to its average volume of 23,656. Eagle Bancorp Montana has a 1-year low of $11.74 and a 1-year high of $22.98. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.95 and a quick ratio of 0.93. The stock has a market capitalization of $122.54 million, a price-to-earnings ratio of 8.09 and a beta of 0.69. The company’s 50-day moving average price is $17.41 and its 200-day moving average price is $18.88.

Eagle Bancorp Montana (NASDAQ:EBMT) last posted its quarterly earnings data on Tuesday, April 28th. The bank reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.11. Eagle Bancorp Montana had a return on equity of 11.90% and a net margin of 17.74%. The business had revenue of $18.78 million during the quarter, compared to analysts’ expectations of $16.36 million. On average, research analysts expect that Eagle Bancorp Montana will post 2.15 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 15th were paid a $0.095 dividend. The ex-dividend date was Thursday, May 14th. This represents a $0.38 annualized dividend and a dividend yield of 2.11%. Eagle Bancorp Montana’s dividend payout ratio is currently 19.49%.

In other news, Director Kenneth M. Walsh sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $17.46, for a total value of $174,600.00. Following the sale, the director now directly owns 262,661 shares in the company, valued at approximately $4,586,061.06. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 8.10% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in EBMT. Citigroup Inc. grew its stake in shares of Eagle Bancorp Montana by 104.3% in the 1st quarter. Citigroup Inc. now owns 2,043 shares of the bank’s stock valued at $33,000 after purchasing an additional 1,043 shares during the period. Advisor Group Holdings Inc. bought a new stake in Eagle Bancorp Montana during the 1st quarter worth approximately $37,000. Ancora Advisors LLC bought a new stake in Eagle Bancorp Montana during the 4th quarter worth approximately $59,000. Acadian Asset Management LLC grew its position in Eagle Bancorp Montana by 147.8% during the 4th quarter. Acadian Asset Management LLC now owns 6,025 shares of the bank’s stock worth $129,000 after acquiring an additional 3,594 shares during the last quarter. Finally, Wells Fargo & Company MN grew its position in Eagle Bancorp Montana by 58.3% during the 1st quarter. Wells Fargo & Company MN now owns 11,278 shares of the bank’s stock worth $183,000 after acquiring an additional 4,152 shares during the last quarter. Institutional investors own 40.18% 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 in Montana. The company 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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