DA Davidson Weighs in on Eagle Bancorp Montana Inc’s Q4 2018 Earnings (EBMT)

Eagle Bancorp Montana Inc (NASDAQ:EBMT) – Equities researchers at DA Davidson dropped their Q4 2018 EPS estimates for shares of Eagle Bancorp Montana in a note issued to investors on Thursday, October 25th. DA Davidson analyst J. Rulis now forecasts that the bank will post earnings of $0.30 per share for the quarter, down from their previous estimate of $0.31. DA Davidson also issued estimates for Eagle Bancorp Montana’s Q2 2019 earnings at $0.39 EPS, Q3 2019 earnings at $0.43 EPS and FY2020 earnings at $1.75 EPS.

Separately, Zacks Investment Research downgraded Eagle Bancorp Montana from a “hold” rating to a “sell” rating in a research note on Friday, July 27th.

EBMT opened at $16.15 on Friday. The company has a quick ratio of 0.95, a current ratio of 0.97 and a debt-to-equity ratio of 1.27. The company has a market cap of $89.28 million, a price-to-earnings ratio of 12.72, a P/E/G ratio of 1.53 and a beta of 0.22. Eagle Bancorp Montana has a 52 week low of $14.20 and a 52 week high of $21.95.

Eagle Bancorp Montana (NASDAQ:EBMT) last posted its quarterly earnings data on Tuesday, October 23rd. The bank reported $0.30 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.30. The firm had revenue of $11.24 million during the quarter, compared to the consensus estimate of $10.99 million. Eagle Bancorp Montana had a return on equity of 6.25% and a net margin of 8.85%.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 7th. Shareholders of record on Friday, November 16th will be paid a dividend of $0.0925 per share. This represents a $0.37 annualized dividend and a yield of 2.29%. The ex-dividend date of this dividend is Thursday, November 15th. Eagle Bancorp Montana’s dividend payout ratio is presently 29.13%.

An institutional investor recently raised its position in Eagle Bancorp Montana stock. Renaissance Technologies LLC raised its stake in shares of Eagle Bancorp Montana Inc (NASDAQ:EBMT) by 14.9% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 48,260 shares of the bank’s stock after acquiring an additional 6,260 shares during the period. Renaissance Technologies LLC owned approximately 0.88% of Eagle Bancorp Montana worth $931,000 as of its most recent SEC filing. 42.18% of the stock is owned by institutional investors and hedge funds.

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 in Montana. The company offers one-to-four family residential mortgage loans; commercial real estate loans; real estate construction loans; home equity loans; commercial business loans consisting of business loans and lines of credit on a secured and unsecured basis; and consumer loans comprising loans that are secured by collateral other than real estate, such as automobiles, recreational vehicles, and boats.

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Earnings History and Estimates for Eagle Bancorp Montana (NASDAQ:EBMT)

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