DA Davidson Has Pessimistic View of EFSC Q2 Earnings

Enterprise Financial Services Corporation (NASDAQ:EFSC - Free Report) - Equities researchers at DA Davidson dropped their Q2 2025 earnings per share (EPS) estimates for Enterprise Financial Services in a research report issued to clients and investors on Friday, June 27th. DA Davidson analyst J. Rulis now anticipates that the bank will post earnings of $1.19 per share for the quarter, down from their prior forecast of $1.24. DA Davidson currently has a "Buy" rating and a $65.00 target price on the stock. The consensus estimate for Enterprise Financial Services' current full-year earnings is $4.97 per share.

Enterprise Financial Services (NASDAQ:EFSC - Get Free Report) last announced its quarterly earnings data on Monday, April 28th. The bank reported $1.31 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.14. Enterprise Financial Services had a net margin of 20.92% and a return on equity of 11.14%. The business had revenue of $18.48 million for the quarter, compared to analyst estimates of $162.83 million.

A number of other research firms also recently commented on EFSC. Wall Street Zen downgraded Enterprise Financial Services from a "hold" rating to a "sell" rating in a report on Saturday, June 7th. Keefe, Bruyette & Woods cut their price objective on Enterprise Financial Services from $69.00 to $66.00 and set an "outperform" rating on the stock in a report on Wednesday, April 30th.

Enterprise Financial Services Stock Performance

NASDAQ:EFSC opened at $55.73 on Monday. The company has a market cap of $2.06 billion, a P/E ratio of 10.93 and a beta of 0.86. The firm's 50 day moving average is $53.00 and its two-hundred day moving average is $54.95. Enterprise Financial Services has a fifty-two week low of $38.88 and a fifty-two week high of $63.13. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.34.

Enterprise Financial Services Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 2.15%. This is a boost from Enterprise Financial Services's previous quarterly dividend of $0.29. The ex-dividend date is Monday, June 16th. Enterprise Financial Services's dividend payout ratio is 23.53%.

Insider Transactions at Enterprise Financial Services

In other Enterprise Financial Services news, CEO James Brian Lally sold 4,689 shares of the firm's stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $55.18, for a total transaction of $258,739.02. Following the completion of the sale, the chief executive officer now owns 106,974 shares in the company, valued at $5,902,825.32. This trade represents a 4.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Michael E. Finn bought 1,500 shares of Enterprise Financial Services stock in a transaction dated Friday, June 6th. The shares were acquired at an average price of $52.50 per share, with a total value of $78,750.00. Following the completion of the purchase, the director now owns 1,500 shares in the company, valued at approximately $78,750. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders sold 8,572 shares of company stock valued at $472,667 over the last quarter. Company insiders own 2.20% of the company's stock.

Hedge Funds Weigh In On Enterprise Financial Services

A number of hedge funds have recently bought and sold shares of the company. US Bancorp DE lifted its holdings in Enterprise Financial Services by 5.7% during the 4th quarter. US Bancorp DE now owns 4,095 shares of the bank's stock worth $231,000 after buying an additional 222 shares during the last quarter. Versant Capital Management Inc raised its position in shares of Enterprise Financial Services by 51.7% during the 1st quarter. Versant Capital Management Inc now owns 775 shares of the bank's stock valued at $42,000 after acquiring an additional 264 shares in the last quarter. Summit Investment Advisors Inc. lifted its stake in Enterprise Financial Services by 7.3% during the fourth quarter. Summit Investment Advisors Inc. now owns 3,873 shares of the bank's stock worth $218,000 after purchasing an additional 265 shares during the last quarter. Prudential Financial Inc. raised its holdings in shares of Enterprise Financial Services by 1.1% during the fourth quarter. Prudential Financial Inc. now owns 27,696 shares of the bank's stock worth $1,629,000 after purchasing an additional 293 shares during the period. Finally, Oppenheimer Asset Management Inc. boosted its holdings in shares of Enterprise Financial Services by 1.0% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 31,233 shares of the bank's stock valued at $1,762,000 after buying an additional 297 shares during the period. 72.21% of the stock is currently owned by institutional investors and hedge funds.

About Enterprise Financial Services

Enterprise Financial Services Corp operates as the holding company for Enterprise Bank & Trust that offers banking and wealth management services to individuals and corporate customers primarily in Arizona, California, Florida, Kansas, Missouri, Nevada, and New Mexico. It provides checking, savings, money market accounts, and certificates of deposit.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.