Eagle Bancorp Montana, Inc. (NASDAQ:EBMT - Get Free Report) declared a quarterly dividend on Tuesday, October 29th, Zacks reports. Investors of record on Friday, November 15th will be paid a dividend of 0.142 per share by the bank on Friday, December 6th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 3.35%. The ex-dividend date is Friday, November 15th.
Eagle Bancorp Montana has raised its dividend by an average of 13.0% per year over the last three years and has raised its dividend every year for the last 14 years. Eagle Bancorp Montana has a payout ratio of 35.2% meaning its dividend is sufficiently covered by earnings. Research analysts expect Eagle Bancorp Montana to earn $1.64 per share next year, which means the company should continue to be able to cover its $0.57 annual dividend with an expected future payout ratio of 34.8%.
Eagle Bancorp Montana Stock Performance
NASDAQ EBMT traded up $0.11 during trading on Wednesday, hitting $16.97. The company's stock had a trading volume of 181 shares, compared to its average volume of 10,374. 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 firm has a 50 day moving average price of $15.65 and a 200 day moving average price of $14.12. The firm has a market cap of $136.05 million, a P/E ratio of 15.15 and a beta of 0.53. Eagle Bancorp Montana has a 52 week low of $11.26 and a 52 week high of $17.65.
Eagle Bancorp Montana (NASDAQ:EBMT - Get Free Report) last announced its quarterly earnings results on Tuesday, October 29th. The bank reported $0.34 EPS for the quarter, beating the consensus estimate of $0.30 by $0.04. The business had revenue of $31.74 million for the quarter, compared to analyst estimates of $20.60 million. Eagle Bancorp Montana had a return on equity of 5.07% and a net margin of 7.06%. Equities research analysts forecast that Eagle Bancorp Montana will post 1.07 earnings per share for the current fiscal year.
Analyst Ratings Changes
A number of equities research analysts recently commented on the company. StockNews.com assumed coverage on Eagle Bancorp Montana in a report on Sunday, September 15th. They issued a "hold" rating for the company. Hovde Group started coverage on Eagle Bancorp Montana in a report on Friday, July 5th. They set a "market perform" rating and a $13.50 price objective for the company.
Check Out Our Latest Stock Analysis on Eagle Bancorp Montana
Insiders Place Their Bets
In other news, Director Peter Joseph Johnson sold 7,374 shares of Eagle Bancorp Montana 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 transaction, the director now owns 61,139 shares in the company, valued at approximately $873,064.92. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have sold a total of 9,079 shares of company stock worth $129,171 in the last 90 days. Company insiders own 6.70% of the company's stock.
About Eagle Bancorp Montana
(
Get Free Report)
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.
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