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

Eagle Bancorp Montana, Inc. (NASDAQ:EBMTGet Free Report) was the recipient of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 11,000 shares, an increase of 14.6% from the February 29th total of 9,600 shares. Based on an average trading volume of 10,500 shares, the short-interest ratio is currently 1.0 days.

Wall Street Analysts Forecast Growth

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

Get Our Latest Research Report on EBMT

Eagle Bancorp Montana Stock Performance

Shares of NASDAQ:EBMT traded down $0.08 during midday trading on Tuesday, reaching $12.70. 22,212 shares of the company’s stock traded hands, compared to its average volume of 10,524. Eagle Bancorp Montana has a one year low of $11.26 and a one year high of $17.65. The stock has a 50 day moving average of $13.31 and a 200 day moving average of $13.08. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.90 and a current ratio of 0.91. The company has a market cap of $101.85 million, a price-to-earnings ratio of 9.77 and a beta of 0.53.

Eagle Bancorp Montana (NASDAQ:EBMTGet Free Report) last posted its quarterly earnings data on Tuesday, January 23rd. The bank reported $0.28 EPS for the quarter, missing the consensus estimate of $0.33 by ($0.05). The company had revenue of $30.35 million during the quarter, compared to the consensus estimate of $22.10 million. Eagle Bancorp Montana had a return on equity of 6.17% and a net margin of 8.80%. As a group, equities research analysts anticipate that Eagle Bancorp Montana will post 1.8 EPS for the current fiscal year.

Eagle Bancorp Montana Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Friday, February 9th were paid a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 4.41%. The ex-dividend date of this dividend was Thursday, February 8th. Eagle Bancorp Montana’s payout ratio is 43.08%.

Institutional Investors Weigh In On Eagle Bancorp Montana

A number of institutional investors and hedge funds have recently modified their holdings of the business. Janney Montgomery Scott LLC purchased a new position in shares of Eagle Bancorp Montana in the 3rd quarter valued at $565,000. John G Ullman & Associates Inc. grew its stake in Eagle Bancorp Montana by 5.7% during the 3rd quarter. John G Ullman & Associates Inc. now owns 20,556 shares of the bank’s stock worth $243,000 after buying an additional 1,109 shares during the last quarter. The Manufacturers Life Insurance Company grew its stake in Eagle Bancorp Montana by 1.6% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 374,246 shares of the bank’s stock worth $4,951,000 after buying an additional 5,750 shares during the last quarter. Brandes Investment Partners LP grew its stake in Eagle Bancorp Montana by 23.5% during the 3rd quarter. Brandes Investment Partners LP now owns 98,493 shares of the bank’s stock worth $1,164,000 after buying an additional 18,741 shares during the last quarter. Finally, Northern Trust Corp grew its stake in Eagle Bancorp Montana by 79.1% during the 4th quarter. Northern Trust Corp now owns 23,754 shares of the bank’s stock worth $375,000 after buying an additional 10,491 shares during the last quarter. 35.66% of the stock is owned by institutional investors.

Eagle Bancorp Montana Company Profile

(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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