DA Davidson Boosts Eagle Financial Services (NASDAQ:EFSI) Price Target to $40.00

Key Points

• DA Davidson has raised its target price for Eagle Financial Services (NASDAQ:EFSI) from $39.00 to $40.00, indicating a potential upside of nearly 20% from the company's previous close.
• Wall Street Zen has upgraded its rating on Eagle Financial Services shares from "hold" to "buy," suggesting a positive outlook for the stock.
• In the last quarter, Eagle Financial Services reported earnings per share of $0.98, exceeding analysts' estimates by $0.16, with a net margin of 7.45% and revenue of $20.61 million.

Eagle Financial Services (NASDAQ:EFSI - Free Report) had its price objective hoisted by DA Davidson from $39.00 to $40.00 in a report issued on Wednesday,Benzinga reports. They currently have a buy rating on the stock. DA Davidson also issued estimates for Eagle Financial Services' Q3 2025 earnings at $1.16 EPS.

Separately, Wall Street Zen upgraded shares of Eagle Financial Services from a "hold" rating to a "buy" rating in a report on Saturday, July 26th.

Eagle Financial Services Price Performance

NASDAQ:EFSI traded down $0.26 during trading hours on Wednesday, reaching $32.75. The company's stock had a trading volume of 556 shares, compared to its average volume of 28,537. The company has a market cap of $176.20 million, a P/E ratio of 15.16 and a beta of 0.27. Eagle Financial Services has a one year low of $28.70 and a one year high of $36.93. The business has a 50-day moving average of $31.67. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 0.54.

Eagle Financial Services (NASDAQ:EFSI - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The company reported $0.98 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.82 by $0.16. The firm had revenue of $20.61 million during the quarter. Eagle Financial Services had a net margin of 7.45% and a return on equity of 10.62%.

Eagle Financial Services Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 15th. Shareholders of record on Monday, August 4th will be issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date is Monday, August 4th. Eagle Financial Services's dividend payout ratio is 57.41%.

Insider Transactions at Eagle Financial Services

In other news, Director Scott M. Hamberger purchased 849 shares of the firm's stock in a transaction on Friday, May 23rd. The stock was bought at an average cost of $31.00 per share, for a total transaction of $26,319.00. Following the completion of the acquisition, the director directly owned 9,571 shares of the company's stock, valued at approximately $296,701. The trade was a 9.73% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have bought 1,923 shares of company stock worth $60,219 in the last three months. 8.70% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Eagle Financial Services

A number of hedge funds have recently bought and sold shares of the company. Evermay Wealth Management LLC bought a new stake in Eagle Financial Services during the first quarter valued at about $86,000. Howe & Rusling Inc. bought a new stake in Eagle Financial Services during the first quarter valued at about $213,000. Goldman Sachs Group Inc. bought a new stake in Eagle Financial Services during the first quarter valued at about $287,000. Persistent Asset Partners Ltd bought a new stake in Eagle Financial Services during the first quarter valued at about $687,000. Finally, Mendon Capital Advisors Corp bought a new stake in shares of Eagle Financial Services in the first quarter valued at about $1,640,000. 0.31% of the stock is currently owned by institutional investors.

About Eagle Financial Services

Eagle Financial Services, Inc operates as the bank holding company for Bank of Clarke County that provides various retail and commercial banking products and services in the Shenandoah Valley and Northern Virginia. The company's deposit products include checking, NOW, money market, and regular savings accounts; and demand and time deposits.