Earnings results for Eagle Bancorp Montana (NASDAQ:EBMT)
Eagle Bancorp Montana, Inc. is estimated to report earnings on 01/26/2021. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.68. The reported EPS for the same quarter last year was $0.42.
Eagle Bancorp Montana last issued its earnings data on November 1st, 2020. The bank reported $0.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.73 by $0.21. The firm earned $25.75 million during the quarter, compared to the consensus estimate of $20.70 million. Eagle Bancorp Montana has generated $1.95 earnings per share over the last year and currently has a price-to-earnings ratio of 7.7. Eagle Bancorp Montana has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, January 26th, 2021 based off prior year’s report dates.
Analyst Opinion on Eagle Bancorp Montana (NASDAQ:EBMT)
2 Wall Street analysts have issued ratings and price targets for Eagle Bancorp Montana in the last 12 months. Their average twelve-month price target is $22.25, predicting that the stock has a possible upside of 6.71%. The high price target for EBMT is $25.50 and the low price target for EBMT is $19.00. There are currently 2 buy ratings for the stock, resulting in a consensus rating of “Buy.”
Eagle Bancorp Montana has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $22.25, Eagle Bancorp Montana has a forecasted upside of 6.7% from its current price of $20.85. Eagle Bancorp Montana has received no research coverage in the past 90 days.
Dividend Strength: Eagle Bancorp Montana (NASDAQ:EBMT)
Eagle Bancorp Montana pays a meaningful dividend of 1.88%, higher than the bottom 25% of all stocks that pay dividends. Eagle Bancorp Montana has been increasing its dividend for 7 years. The dividend payout ratio of Eagle Bancorp Montana is 20.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Eagle Bancorp Montana will have a dividend payout ratio of 18.57% next year. This indicates that Eagle Bancorp Montana will be able to sustain or increase its dividend.
Insiders buying/selling: Eagle Bancorp Montana (NASDAQ:EBMT)
In the past three months, Eagle Bancorp Montana insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $116,309.00 in company stock. Only 8.10% of the stock of Eagle Bancorp Montana is held by insiders. 42.35% of the stock of Eagle Bancorp Montana is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Earnings and Valuation of Eagle Bancorp Montana (NASDAQ:EBMT
Earnings for Eagle Bancorp Montana are expected to decrease by -30.69% in the coming year, from $3.03 to $2.10 per share. The P/E ratio of Eagle Bancorp Montana is 7.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 24.47. The P/E ratio of Eagle Bancorp Montana is 7.69, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 22.07. Eagle Bancorp Montana has a P/B Ratio of 1.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
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