Eagle Bancorp Montana Inc. (EBMT) Hits New 1-Year High at $15.25
Eagle Bancorp Montana Inc. (NASDAQ:EBMT)’s share price hit a new 52-week high on Thursday . The company traded as high as $15.25 and last traded at $14.05, with a volume of 19,200 shares changing hands. The stock had previously closed at $14.02.
A number of equities analysts have recently weighed in on EBMT shares. Zacks Investment Research downgraded Eagle Bancorp Montana from a “buy” rating to a “hold” rating in a report on Friday, May 6th. TheStreet downgraded Eagle Bancorp Montana from a “buy” rating to a “hold” rating in a report on Friday, April 29th.
The firm’s 50-day moving average price is $13.21 and its 200 day moving average price is $12.50. The firm has a market cap of $53.47 million and a P/E ratio of 16.43.
Eagle Bancorp Montana (NASDAQ:EBMT) last posted its quarterly earnings results on Thursday, July 28th. The company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.07. Analysts forecast that Eagle Bancorp Montana Inc. will post $1.16 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, September 2nd. Investors of record on Friday, August 12th will be issued a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 2.26%. The ex-dividend date of this dividend is Wednesday, August 10th. This is a boost from Eagle Bancorp Montana’s previous quarterly dividend of $0.08.
In other news, Director Rick Hays purchased 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 25th. The shares were acquired at an average price of $12.60 per share, for a total transaction of $25,200.00. Following the completion of the acquisition, the director now directly owns 20,844 shares in the company, valued at $262,634.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
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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