Eagle Bancorp Montana (NASDAQ:EBMT) Coverage Initiated by Analysts at StockNews.com

StockNews.com started coverage on shares of Eagle Bancorp Montana (NASDAQ:EBMT – Get Rating) in a research note issued to investors on Sunday. The brokerage set a “hold” rating on the bank’s stock.

Several other brokerages have also issued reports on EBMT. Hovde Group lowered Eagle Bancorp Montana from an “outperform” rating to a “market perform” rating in a research note on Wednesday, January 4th. TheStreet downgraded Eagle Bancorp Montana from a “b-” rating to a “c+” rating in a report on Wednesday, December 28th. Three research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $21.00.

Eagle Bancorp Montana Stock Down 0.5 %

Shares of Eagle Bancorp Montana stock opened at $17.42 on Friday. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.80 and a quick ratio of 0.79. The company has a market capitalization of $139.01 million, a P/E ratio of 12.18 and a beta of 0.53. Eagle Bancorp Montana has a 1 year low of $16.00 and a 1 year high of $22.50. The business has a 50-day moving average of $16.95 and a two-hundred day moving average of $18.03.

Eagle Bancorp Montana (NASDAQ:EBMT – Get Rating) last released its quarterly earnings data on Thursday, January 26th. The bank reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.01). The business had revenue of $27.75 million during the quarter, compared to analyst estimates of $25.60 million. Eagle Bancorp Montana had a net margin of 10.55% and a return on equity of 8.03%. As a group, equities analysts predict that Eagle Bancorp Montana will post 2.14 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Fourthstone LLC grew its stake in shares of Eagle Bancorp Montana by 501.3% during the first quarter. Fourthstone LLC now owns 137,817 shares of the bank’s stock valued at $3,077,000 after buying an additional 114,898 shares during the last quarter. Allied Investment Advisors LLC bought a new stake in shares of Eagle Bancorp Montana during the third quarter valued at approximately $1,053,000. BlackRock Inc. lifted its holdings in Eagle Bancorp Montana by 67.6% in the third quarter. BlackRock Inc. now owns 127,377 shares of the bank’s stock valued at $2,421,000 after acquiring an additional 51,381 shares during the period. Susquehanna International Group LLP bought a new position in Eagle Bancorp Montana in the fourth quarter valued at about $289,000. Finally, Stockman Wealth Management Inc. raised its stake in shares of Eagle Bancorp Montana by 36.3% in the fourth quarter. Stockman Wealth Management Inc. now owns 32,503 shares of the bank’s stock worth $525,000 after buying an additional 8,661 shares during the period. Institutional investors own 32.59% of the company’s stock.

About Eagle Bancorp Montana

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Eagle Bancorp Montana, Inc is a bank holding company, which engages in the provision of loan and deposit services. It focuses on residential mortgage loans, commercial real estate mortgage loans, commercial business loans, agricultural loans, and second mortgage and home equity loan products. The company was founded on October 28, 1997 and is headquartered in Helena, MT.