Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) announced a quarterly dividend on Friday, January 27th. Shareholders of record on Friday, February 10th will be paid a dividend of 0.08 per share on Friday, March 3rd. This represents a $0.32 dividend on an annualized basis and a yield of 1.70%. The ex-dividend date is Wednesday, February 8th.
Shares of Eagle Bancorp Montana (NASDAQ:EBMT) opened at 18.85 on Monday. The firm has a market capitalization of $71.63 million, a P/E ratio of 14.28 and a beta of 0.36. The firm has a 50-day moving average of $20.18 and a 200-day moving average of $16.27. Eagle Bancorp Montana has a one year low of $11.15 and a one year high of $24.00.
Eagle Bancorp Montana (NASDAQ:EBMT) last issued its earnings results on Thursday, January 26th. The company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.34 by $0.03. Eagle Bancorp Montana had a return on equity of 9.06% and a net margin of 13.23%. On average, equities analysts predict that Eagle Bancorp Montana will post $1.43 earnings per share for the current fiscal year.
Separately, Zacks Investment Research upgraded Eagle Bancorp Montana from a “hold” rating to a “strong-buy” rating and set a $17.00 price objective for the company in a research note on Thursday, October 27th.
In other news, major shareholder John C. Rudolf sold 3,738 shares of the firm’s stock in a transaction on Wednesday, December 14th. The stock was sold at an average price of $20.99, for a total value of $78,460.62. Following the completion of the sale, the insider now directly owns 404,660 shares in the company, valued at $8,493,813.40. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, major shareholder John C. Rudolf sold 16,340 shares of the firm’s stock in a transaction on Friday, December 16th. The shares were sold at an average price of $21.49, for a total value of $351,146.60. Following the completion of the sale, the insider now owns 389,973 shares of the company’s stock, valued at $8,380,519.77. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 24,532 shares of company stock valued at $525,725. 8.87% of the stock is currently owned by corporate insiders.
A hedge fund recently bought a new stake in Eagle Bancorp Montana stock. The Manufacturers Life Insurance Company bought a new position in shares of Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 187,661 shares of the company’s stock, valued at approximately $2,667,000. The Manufacturers Life Insurance Company owned about 4.97% of Eagle Bancorp Montana as of its most recent filing with the SEC. Institutional investors own 30.80% of the company’s stock.
About Eagle Bancorp Montana
Eagle Bancorp Montana, Inc is the bank holding company for Opportunity Bank of Montana (the Bank). The Bank is a Montana-chartered commercial bank. The Bank has equity investments in Certified Development Entities, which have received allocations of New Markets Tax Credits (NMTC). The Company offers wealth management services at its locations through financial advisors employed by the Bank.