Eagle Bancorp Montana, Inc. (EBMT) To Go Ex-Dividend on November 14th

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) declared a quarterly dividend on Thursday, October 23rd. Stockholders of record on Friday, November 14th will be given a dividend of 0.145 per share by the bank on Friday, December 5th. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date is Friday, November 14th.

Eagle Bancorp Montana has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 14 consecutive years. Eagle Bancorp Montana has a payout ratio of 31.5% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Eagle Bancorp Montana to earn $1.73 per share next year, which means the company should continue to be able to cover its $0.58 annual dividend with an expected future payout ratio of 33.5%.

Eagle Bancorp Montana Price Performance

Shares of NASDAQ:EBMT traded down $0.03 during midday trading on Wednesday, reaching $16.66. 5,679 shares of the company were exchanged, compared to its average volume of 37,043. The stock has a market cap of $132.44 million, a PE ratio of 9.68 and a beta of 0.37. The business’s fifty day moving average is $17.00 and its two-hundred day moving average is $16.93. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.99. Eagle Bancorp Montana has a one year low of $14.35 and a one year high of $18.49.

Eagle Bancorp Montana (NASDAQ:EBMT) last announced its quarterly earnings results on Tuesday, October 28th. The bank reported $0.46 EPS for the quarter, meeting analysts’ consensus estimates of $0.46. The company had revenue of $23.40 million during the quarter, compared to analyst estimates of $18.19 million. Eagle Bancorp Montana had a return on equity of 7.62% and a net margin of 10.76%. As a group, analysts predict that Eagle Bancorp Montana will post 1.61 earnings per share for the current year.

Institutional Trading of Eagle Bancorp Montana

Several institutional investors and hedge funds have recently made changes to their positions in the company. Raymond James Financial Inc. bought a new position in Eagle Bancorp Montana during the 2nd quarter worth about $28,000. Police & Firemen s Retirement System of New Jersey bought a new position in shares of Eagle Bancorp Montana during the second quarter valued at approximately $29,000. Jones Financial Companies Lllp boosted its stake in shares of Eagle Bancorp Montana by 355.3% during the first quarter. Jones Financial Companies Lllp now owns 2,263 shares of the bank’s stock valued at $38,000 after purchasing an additional 1,766 shares in the last quarter. State of Wyoming purchased a new position in Eagle Bancorp Montana during the second quarter valued at approximately $46,000. Finally, JPMorgan Chase & Co. raised its stake in Eagle Bancorp Montana by 230.8% in the second quarter. JPMorgan Chase & Co. now owns 3,520 shares of the bank’s stock worth $59,000 after buying an additional 2,456 shares in the last quarter. 35.66% of the stock is currently 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 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.