Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Declares Quarterly Dividend of $0.14

Eagle Bancorp Montana, Inc. (NASDAQ:EBMTGet Free Report) announced a quarterly dividend on Thursday, April 18th, Zacks reports. Stockholders of record on Friday, May 17th will be given a dividend of 0.14 per share by the bank on Friday, June 7th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 4.28%. The ex-dividend date is Thursday, May 16th.

Eagle Bancorp Montana has raised its dividend by an average of 13.0% annually over the last three years and has raised its dividend annually for the last 13 consecutive years. Eagle Bancorp Montana has a dividend payout ratio of 32.7% indicating that its dividend is sufficiently covered by earnings. Analysts expect Eagle Bancorp Montana to earn $1.64 per share next year, which means the company should continue to be able to cover its $0.56 annual dividend with an expected future payout ratio of 34.1%.

Eagle Bancorp Montana Trading Up 0.8 %

EBMT stock opened at $13.10 on Wednesday. Eagle Bancorp Montana has a 52 week low of $11.26 and a 52 week high of $17.65. The company has a market cap of $105.04 million, a price-to-earnings ratio of 11.69 and a beta of 0.52. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 1.40. The business has a fifty day simple moving average of $12.80 and a 200-day simple moving average of $13.29.

Eagle Bancorp Montana (NASDAQ:EBMTGet Free Report) last announced its quarterly earnings results on Tuesday, April 23rd. The bank reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.05). Eagle Bancorp Montana had a net margin of 7.39% and a return on equity of 5.29%. The company had revenue of $19.17 million during the quarter, compared to analyst estimates of $22.50 million. On average, equities research analysts expect that Eagle Bancorp Montana will post 1.27 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Hovde Group assumed coverage on shares of Eagle Bancorp Montana in a research report on Monday, April 22nd. They issued a “market perform” rating and a $14.00 price objective for the company.

Check Out Our Latest Report on Eagle Bancorp Montana

About Eagle Bancorp Montana

(Get Free Report)

Eagle Bancorp Montana, Inc operates as the bank holding company for Opportunity Bank of Montana that provides various retail banking products and services to small businesses and individuals in Montana. It accepts various deposit products, such as checking, savings, money market, and individual retirement accounts, as well as certificates of deposit accounts.

Further Reading

Dividend History for Eagle Bancorp Montana (NASDAQ:EBMT)

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