Headlines about Eagle Bancorp Montana (NASDAQ:EBMT) have been trending somewhat positive on Saturday, Accern reports. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Eagle Bancorp Montana earned a news sentiment score of 0.10 on Accern’s scale. Accern also gave news coverage about the bank an impact score of 48.1965249347021 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Shares of Eagle Bancorp Montana (NASDAQ EBMT) opened at 18.05 on Friday. Eagle Bancorp Montana has a 12 month low of $13.55 and a 12 month high of $24.00. The firm has a market cap of $68.79 million, a P/E ratio of 13.88 and a beta of 0.35. The firm has a 50-day moving average of $18.17 and a 200 day moving average of $19.06.
Eagle Bancorp Montana (NASDAQ:EBMT) last issued its quarterly earnings results on Friday, July 21st. The bank reported $0.27 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.38 by $0.11. The business had revenue of $9.45 million during the quarter, compared to the consensus estimate of $9.60 million. Eagle Bancorp Montana had a return on equity of 8.36% and a net margin of 12.06%. On average, equities research analysts anticipate that Eagle Bancorp Montana will post $1.22 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Friday, August 11th will be given a $0.09 dividend. This is an increase from Eagle Bancorp Montana’s previous quarterly dividend of $0.08. This represents a $0.36 annualized dividend and a yield of 1.99%. The ex-dividend date is Wednesday, August 9th. Eagle Bancorp Montana’s payout ratio is currently 27.69%.
Eagle Bancorp Montana declared that its Board of Directors has approved a stock buyback program on Friday, July 21st that allows the company to repurchase 100,000 outstanding shares. This repurchase authorization allows the bank to repurchase shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company’s leadership believes its stock is undervalued.
EBMT has been the subject of several recent research reports. Zacks Investment Research raised shares of Eagle Bancorp Montana from a “hold” rating to a “buy” rating and set a $20.00 price objective for the company in a research report on Tuesday, April 25th. TheStreet downgraded shares of Eagle Bancorp Montana from a “c-” rating to a “d” rating in a research report on Monday, July 24th.
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.
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