Eagle Bancorp Montana (NASDAQ:EBMT) Now Covered by StockNews.com

StockNews.com started coverage on shares of Eagle Bancorp Montana (NASDAQ:EBMT - Free Report) in a research report released on Wednesday. The firm issued a hold rating on the bank's stock.

Separately, Hovde Group started coverage on shares of Eagle Bancorp Montana in a report on Monday, April 22nd. They issued a market perform rating and a $14.00 price target for the company.

Eagle Bancorp Montana Stock Down 1.2 %

NASDAQ EBMT traded down $0.16 during trading hours on Wednesday, reaching $12.90. 8,724 shares of the company traded hands, compared to its average volume of 5,859. Eagle Bancorp Montana has a 12 month low of $11.26 and a 12 month high of $17.65. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 1.40. The stock has a market capitalization of $103.46 million, a PE ratio of 11.52 and a beta of 0.53. The company has a 50 day moving average of $12.94 and a two-hundred day moving average of $13.50.

Eagle Bancorp Montana (NASDAQ:EBMT - Get Free Report) last posted its quarterly earnings results on Tuesday, April 23rd. The bank reported $0.24 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.29 by ($0.05). Eagle Bancorp Montana had a return on equity of 5.29% and a net margin of 7.39%. The business had revenue of $19.17 million during the quarter, compared to the consensus estimate of $22.50 million. As a group, equities analysts expect that Eagle Bancorp Montana will post 1.27 earnings per share for the current year.

Eagle Bancorp Montana Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 7th. Stockholders of record on Friday, May 17th were issued a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 4.34%. The ex-dividend date was Thursday, May 16th. Eagle Bancorp Montana's dividend payout ratio (DPR) is presently 50.00%.

Insider Buying and Selling at Eagle Bancorp Montana

In other Eagle Bancorp Montana news, Director Peter Joseph Johnson sold 2,954 shares of the business's stock in a transaction dated Friday, May 24th. The shares were sold at an average price of $13.21, for a total transaction of $39,022.34. Following the completion of the transaction, the director now directly owns 71,139 shares of the company's stock, valued at approximately $939,746.19. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other Eagle Bancorp Montana news, Director Peter Joseph Johnson sold 2,954 shares of the business's stock in a transaction dated Friday, May 24th. The shares were sold at an average price of $13.21, for a total transaction of $39,022.34. Following the completion of the transaction, the director now directly owns 71,139 shares of the company's stock, valued at approximately $939,746.19. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Kenneth M. Walsh sold 10,000 shares of the business's stock in a transaction dated Monday, May 20th. The shares were sold at an average price of $12.98, for a total transaction of $129,800.00. Following the transaction, the director now directly owns 156,039 shares of the company's stock, valued at $2,025,386.22. The disclosure for this sale can be found here. Insiders sold 14,405 shares of company stock valued at $187,859 in the last ninety days. Company insiders own 6.70% of the company's stock.

Institutional Investors Weigh In On Eagle Bancorp Montana

Large investors have recently made changes to their positions in the company. Vanguard Group Inc. grew its position in Eagle Bancorp Montana by 0.3% during the first quarter. Vanguard Group Inc. now owns 361,193 shares of the bank's stock valued at $4,638,000 after purchasing an additional 1,075 shares in the last quarter. Empowered Funds LLC grew its position in Eagle Bancorp Montana by 7.6% during 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 in the last quarter. TNF LLC grew its position in Eagle Bancorp Montana by 4.2% during the fourth quarter. TNF LLC now owns 37,868 shares of the bank's stock valued at $564,000 after purchasing an additional 1,539 shares in the last quarter. John G Ullman & Associates Inc. grew its position in Eagle Bancorp Montana by 23.5% during the fourth quarter. John G Ullman & Associates Inc. now owns 25,392 shares of the bank's stock valued at $401,000 after purchasing an additional 4,836 shares in the last quarter. Finally, Janney Montgomery Scott LLC purchased a new position in Eagle Bancorp Montana during the third quarter valued at approximately $565,000. Institutional investors and hedge funds 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.