Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Short Interest Update

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) saw a significant drop in short interest in March. As of March 31st, there was short interest totalling 9,500 shares, a drop of 13.6% from the March 15th total of 11,000 shares. Based on an average daily volume of 9,800 shares, the days-to-cover ratio is currently 1.0 days.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on shares of Eagle Bancorp Montana in a research note on Thursday, December 28th. They set a “hold” rating on the stock.

Eagle Bancorp Montana Stock Performance

Shares of EBMT traded down $0.01 during midday trading on Tuesday, reaching $12.46. 5,724 shares of the stock were exchanged, compared to its average volume of 9,985. Eagle Bancorp Montana has a twelve month low of $11.26 and a twelve month high of $17.65. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.91 and a quick ratio of 0.90. The company has a market capitalization of $99.93 million, a price-to-earnings ratio of 9.58 and a beta of 0.53. The business’s 50-day moving average price is $12.90 and its 200 day moving average price is $13.13.

Eagle Bancorp Montana (NASDAQ:EBMT) last released its quarterly earnings results on Tuesday, January 23rd. The bank reported $0.28 EPS for the quarter, missing the consensus estimate of $0.33 by ($0.05). The firm had revenue of $30.35 million for the quarter, compared to analyst estimates of $22.10 million. Eagle Bancorp Montana had a return on equity of 6.17% and a net margin of 8.80%. On average, sell-side analysts expect that Eagle Bancorp Montana will post 1.8 EPS for the current fiscal year.

Eagle Bancorp Montana Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Friday, February 9th were given a $0.14 dividend. The ex-dividend date was Thursday, February 8th. This represents a $0.56 annualized dividend and a yield of 4.49%. Eagle Bancorp Montana’s dividend payout ratio (DPR) is 43.08%.

Institutional Trading of Eagle Bancorp Montana

A number of large investors have recently bought and sold shares of the business. UBS Group AG lifted its holdings in shares of Eagle Bancorp Montana by 269.5% during the third quarter. UBS Group AG now owns 1,371 shares of the bank’s stock worth $26,000 after purchasing an additional 1,000 shares during the period. Tower Research Capital LLC TRC raised its position in Eagle Bancorp Montana by 1,777.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,065 shares of the bank’s stock worth $27,000 after buying an additional 1,955 shares during the last quarter. Williams Jones Wealth Management LLC. acquired a new stake in shares of Eagle Bancorp Montana in the 1st quarter worth $172,000. John G Ullman & Associates Inc. boosted its holdings in shares of Eagle Bancorp Montana by 5.7% in the third quarter. John G Ullman & Associates Inc. now owns 20,556 shares of the bank’s stock valued at $243,000 after acquiring an additional 1,109 shares in the last quarter. Finally, Susquehanna International Group LLP purchased a new stake in shares of Eagle Bancorp Montana in the fourth quarter valued at about $289,000. Institutional investors and hedge funds own 35.66% of the company’s stock.

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.