Brokerages Set $15.50 Price Target for Eagle Bancorp Montana Inc. (EBMT)
Eagle Bancorp Montana Inc. (NASDAQ:EBMT) has earned a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that cover the company, Zacks Investment Research reports. Two analysts have rated the stock with a strong buy recommendation.
Analysts have set a twelve-month consensus price target of $15.50 for the company and are expecting that the company will post $0.33 EPS for the current quarter, according to Zacks. Zacks has also given Eagle Bancorp Montana an industry rank of 157 out of 265 based on the ratings given to related companies.
Separately, Zacks Investment Research cut Eagle Bancorp Montana from a “hold” rating to a “sell” rating in a research report on Monday, July 4th.
Shares of Eagle Bancorp Montana (NASDAQ:EBMT) opened at 14.4001 on Thursday. Eagle Bancorp Montana has a 52-week low of $11.15 and a 52-week high of $15.25. The company’s 50-day moving average price is $14.29 and its 200-day moving average price is $13.23. The stock has a market cap of $54.42 million, a PE ratio of 16.7249 and a beta of 0.20.
Eagle Bancorp Montana (NASDAQ:EBMT) last announced its quarterly earnings data on Thursday, July 28th. The company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.07. Eagle Bancorp Montana had a return on equity of 6.19% and a net margin of 10.09%. On average, equities research analysts forecast that Eagle Bancorp Montana will post $1.16 earnings per share for the current fiscal year.
A hedge fund recently raised its stake in Eagle Bancorp Montana stock. First Manhattan Co. increased its stake in shares of Eagle Bancorp Montana Inc. (NASDAQ:EBMT) by 3.8% during the second quarter, according to its most recent filing with the SEC. The fund owned 28,536 shares of the company’s stock after buying an additional 1,036 shares during the period. First Manhattan Co. owned 0.76% of Eagle Bancorp Montana worth $362,000 at the end of the most recent quarter. 31.58% of the stock is currently owned by institutional investors.
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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