$12.60 Million in Sales Expected for Eagle Bancorp Montana Inc (EBMT) This Quarter
Wall Street brokerages expect Eagle Bancorp Montana Inc (NASDAQ:EBMT) to announce $12.60 million in sales for the current quarter, according to Zacks. Two analysts have made estimates for Eagle Bancorp Montana’s earnings, with the lowest sales estimate coming in at $12.20 million and the highest estimate coming in at $13.00 million. Eagle Bancorp Montana reported sales of $9.53 million in the same quarter last year, which would suggest a positive year-over-year growth rate of 32.2%. The firm is expected to issue its next earnings report on Tuesday, April 23rd.
On average, analysts expect that Eagle Bancorp Montana will report full-year sales of $53.23 million for the current financial year, with estimates ranging from $52.30 million to $54.15 million. For the next financial year, analysts forecast that the company will post sales of $56.81 million, with estimates ranging from $55.50 million to $58.12 million. Zacks’ sales averages are an average based on a survey of research firms that cover Eagle Bancorp Montana.
Eagle Bancorp Montana (NASDAQ:EBMT) last released its quarterly earnings results on Tuesday, January 29th. The bank reported $0.36 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.32 by $0.04. Eagle Bancorp Montana had a net margin of 10.34% and a return on equity of 6.34%. The business had revenue of $11.41 million for the quarter, compared to the consensus estimate of $11.13 million.
Shares of EBMT stock remained flat at $$17.26 on Thursday. 39 shares of the company traded hands, compared to its average volume of 3,457. The company has a debt-to-equity ratio of 1.34, a current ratio of 1.00 and a quick ratio of 0.99. Eagle Bancorp Montana has a fifty-two week low of $14.20 and a fifty-two week high of $21.25. The firm has a market capitalization of $111.11 million, a P/E ratio of 16.13, a PEG ratio of 1.06 and a beta of 0.47.
The business also recently announced a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Friday, February 8th were issued a dividend of $0.093 per share. This represents a $0.37 dividend on an annualized basis and a yield of 2.16%. The ex-dividend date was Thursday, February 7th. Eagle Bancorp Montana’s payout ratio is presently 34.58%.
In other Eagle Bancorp Montana news, Director Kenneth M. Walsh sold 5,000 shares of Eagle Bancorp Montana stock in a transaction dated Friday, February 8th. The stock was sold at an average price of $17.87, for a total transaction of $89,350.00. Following the completion of the transaction, the director now owns 269,510 shares of the company’s stock, valued at approximately $4,816,143.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 8.50% of the stock is owned by insiders.
Several hedge funds and other institutional investors have recently modified their holdings of EBMT. B. Riley Financial Inc. bought a new stake in Eagle Bancorp Montana in the 4th quarter worth approximately $216,000. Stockman Wealth Management Inc. lifted its position in Eagle Bancorp Montana by 10.3% in the 4th quarter. Stockman Wealth Management Inc. now owns 25,179 shares of the bank’s stock worth $407,000 after buying an additional 2,346 shares during the last quarter. Naples Global Advisors LLC lifted its position in Eagle Bancorp Montana by 13.1% in the 4th quarter. Naples Global Advisors LLC now owns 27,475 shares of the bank’s stock worth $464,000 after buying an additional 3,175 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Eagle Bancorp Montana by 1.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 49,689 shares of the bank’s stock worth $803,000 after buying an additional 600 shares during the last quarter. Finally, Penn Capital Management Co. Inc. lifted its position in Eagle Bancorp Montana by 5.6% in the 4th quarter. Penn Capital Management Co. Inc. now owns 55,442 shares of the bank’s stock worth $915,000 after buying an additional 2,947 shares during the last quarter. 37.10% of the stock is owned by institutional investors.
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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