DA Davidson Has Negative Outlook of EBMT FY2025 Earnings

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT - Free Report) - DA Davidson reduced their FY2025 EPS estimates for Eagle Bancorp Montana in a note issued to investors on Wednesday, October 30th. DA Davidson analyst J. Rulis now anticipates that the bank will post earnings of $1.60 per share for the year, down from their previous estimate of $1.70. The consensus estimate for Eagle Bancorp Montana's current full-year earnings is $1.10 per share.

EBMT has been the subject of several other research reports. Hovde Group started coverage on shares of Eagle Bancorp Montana in a report on Friday, July 5th. They set a "market perform" rating and a $13.50 target price for the company. StockNews.com started coverage on Eagle Bancorp Montana in a report on Sunday, September 15th. They issued a "hold" rating for the company.

Eagle Bancorp Montana Stock Performance

Shares of NASDAQ:EBMT traded down $0.41 during trading on Friday, hitting $16.29. The stock had a trading volume of 24,370 shares, compared to its average volume of 10,464. Eagle Bancorp Montana has a 12-month low of $11.26 and a 12-month high of $17.65. The company has a quick ratio of 0.93, a current ratio of 0.94 and a debt-to-equity ratio of 1.61. The stock has a market capitalization of $130.65 million, a price-to-earnings ratio of 15.08 and a beta of 0.53. The stock has a 50-day simple moving average of $15.79 and a two-hundred day simple moving average of $14.18.

Eagle Bancorp Montana (NASDAQ:EBMT - Get Free Report) last released its earnings results on Tuesday, October 29th. The bank reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.04. The company had revenue of $31.74 million for the quarter, compared to the consensus estimate of $20.60 million. Eagle Bancorp Montana had a net margin of 7.03% and a return on equity of 5.02%.

Eagle Bancorp Montana Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 15th will be given a dividend of $0.142 per share. This represents a $0.57 annualized dividend and a dividend yield of 3.49%. The ex-dividend date of this dividend is Friday, November 15th. Eagle Bancorp Montana's payout ratio is 52.78%.

Insider Activity

In other Eagle Bancorp Montana news, Director Peter Joseph Johnson sold 7,374 shares of the company's stock in a transaction on Friday, August 23rd. The stock was sold at an average price of $14.28, for a total value of $105,300.72. Following the completion of the sale, the director now directly owns 61,139 shares in the company, valued at $873,064.92. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold 9,079 shares of company stock worth $129,171 over the last three months. Insiders own 6.70% of the company's stock.

Institutional Trading of Eagle Bancorp Montana

Several hedge funds have recently made changes to their positions in the company. John G Ullman & Associates Inc. raised its position in Eagle Bancorp Montana by 105.1% in the first quarter. John G Ullman & Associates Inc. now owns 52,082 shares of the bank's stock valued at $669,000 after purchasing an additional 26,690 shares during the period. Brandes Investment Partners LP lifted its position in shares of Eagle Bancorp Montana by 14.3% during the 2nd quarter. Brandes Investment Partners LP now owns 171,174 shares of the bank's stock worth $2,254,000 after purchasing an additional 21,441 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Eagle Bancorp Montana by 3.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 93,172 shares of the bank's stock worth $1,236,000 after acquiring an additional 2,937 shares in the last quarter. Empowered Funds LLC increased its stake in Eagle Bancorp Montana by 7.6% in the first quarter. Empowered Funds LLC now owns 19,936 shares of the bank's stock valued at $256,000 after purchasing an additional 1,400 shares during the last quarter. Finally, Vanguard Group Inc. boosted its holdings in shares of Eagle Bancorp Montana by 0.3% in the 1st quarter. Vanguard Group Inc. now owns 361,193 shares of the bank's stock valued at $4,638,000 after buying an additional 1,075 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.