Brokerages expect Eagle Bancorp Montana Inc (NASDAQ:EBMT) to post sales of $12.60 million for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for Eagle Bancorp Montana’s earnings. The lowest sales estimate is $12.20 million and the highest is $13.00 million. Eagle Bancorp Montana reported sales of $9.53 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 32.2%. The firm is scheduled to announce its next earnings results on Tuesday, April 23rd.
According to Zacks, analysts expect that Eagle Bancorp Montana will report full-year sales of $53.23 million for the current year, with estimates ranging from $52.30 million to $54.15 million. For the next year, analysts expect that the company will post sales of $56.81 million, with estimates ranging from $55.50 million to $58.12 million. Zacks’ sales calculations are an average based on a survey of research firms that cover Eagle Bancorp Montana.
Eagle Bancorp Montana (NASDAQ:EBMT) last released its earnings results on Tuesday, January 29th. The bank reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.04. Eagle Bancorp Montana had a return on equity of 6.34% and a net margin of 10.34%. The firm had revenue of $11.41 million for the quarter, compared to analyst estimates of $11.13 million.
In other news, Director Kenneth M. Walsh sold 5,000 shares of Eagle Bancorp Montana stock in a transaction on Friday, February 8th. The stock was sold at an average price of $17.87, for a total value of $89,350.00. Following the transaction, the director now owns 269,510 shares in the company, valued at approximately $4,816,143.70. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 8.50% of the company’s stock.
A number of hedge funds have recently modified their holdings of EBMT. Dimensional Fund Advisors LP lifted its holdings in Eagle Bancorp Montana by 1.2% during 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 period. Stockman Wealth Management Inc. lifted its stake in shares of Eagle Bancorp Montana by 10.3% in the 4th quarter. Stockman Wealth Management Inc. now owns 25,179 shares of the bank’s stock valued at $407,000 after purchasing an additional 2,346 shares during the period. Penn Capital Management Co. Inc. lifted its stake in shares of 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 valued at $915,000 after purchasing an additional 2,947 shares during the period. Naples Global Advisors LLC lifted its stake in shares of Eagle Bancorp Montana by 13.1% in the 4th quarter. Naples Global Advisors LLC now owns 27,475 shares of the bank’s stock valued at $464,000 after purchasing an additional 3,175 shares during the period. Finally, Thomson Horstmann & Bryant Inc. lifted its stake in shares of Eagle Bancorp Montana by 4.2% in the 4th quarter. Thomson Horstmann & Bryant Inc. now owns 144,429 shares of the bank’s stock valued at $2,383,000 after purchasing an additional 5,860 shares during the period. Institutional investors and hedge funds own 37.10% of the company’s stock.
NASDAQ:EBMT traded up $0.03 during mid-day trading on Friday, hitting $17.15. The company had a trading volume of 2,937 shares, compared to its average volume of 5,846. The company has a current ratio of 1.00, a quick ratio of 0.99 and a debt-to-equity ratio of 1.34. The firm has a market capitalization of $110.45 million, a price-to-earnings ratio of 16.03, a PEG ratio of 1.05 and a beta of 0.46. Eagle Bancorp Montana has a fifty-two week low of $14.20 and a fifty-two week high of $20.95.
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 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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