Eagle Financial Services Inc. (NASDAQ:EFSI) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Key Points

• Broker sentiment is moderately positive: Five analysts give Eagle Financial Services a consensus “Moderate Buy” rating, with an average 12-month price target of $42.25, though recommendations range from strong sell to strong buy.
• Quarterly earnings missed expectations: The company reported EPS of $0.41 versus the $0.78 consensus estimate, while revenue of $25.56 million exceeded expectations of $21.29 million.
• Shareholders received a quarterly dividend of $0.31: The payment equates to a $1.24 annualized dividend and a 2.9% yield, with a payout ratio of 35.84%.

Eagle Financial Services Inc. (NASDAQ:EFSI - Get Free Report) has received a consensus rating of "Moderate Buy" from the five brokerages that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has given a hold recommendation, two have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $42.25.

A number of equities analysts have recently commented on the stock. Freedom Capital raised shares of Eagle Financial Services from a "hold" rating to a "strong-buy" rating in a report on Friday, May 15th. Weiss Ratings raised shares of Eagle Financial Services from a "buy (b-)" rating to a "buy (b)" rating in a research report on Friday, June 26th. Zacks Research lowered shares of Eagle Financial Services from a "hold" rating to a "strong sell" rating in a research note on Tuesday, August 11th. Wall Street Zen cut shares of Eagle Financial Services from a "hold" rating to a "sell" rating in a report on Saturday, August 15th. Finally, DA Davidson reiterated a "neutral" rating and set a $40.00 target price on shares of Eagle Financial Services in a research note on Monday, July 27th.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. BlackRock Inc. acquired a new stake in shares of Eagle Financial Services during the second quarter worth $14,315,000. Fourthstone LLC increased its stake in Eagle Financial Services by 64.0% in the 4th quarter. Fourthstone LLC now owns 453,918 shares of the company's stock valued at $18,064,000 after buying an additional 177,132 shares during the period. Vanguard Group Inc. raised its position in Eagle Financial Services by 105.3% during the 3rd quarter. Vanguard Group Inc. now owns 306,800 shares of the company's stock worth $11,606,000 after buying an additional 157,331 shares during the last quarter. UBS Group AG lifted its stake in shares of Eagle Financial Services by 2,935.5% in the 4th quarter. UBS Group AG now owns 73,094 shares of the company's stock worth $2,909,000 after acquiring an additional 70,686 shares during the period. Finally, Geode Capital Management LLC lifted its stake in shares of Eagle Financial Services by 148.9% in the 2nd quarter. Geode Capital Management LLC now owns 106,571 shares of the company's stock worth $3,264,000 after acquiring an additional 63,756 shares during the period. Institutional investors and hedge funds own 0.31% of the company's stock.

Eagle Financial Services Trading Down 0.4%

EFSI opened at $42.31 on Friday. Eagle Financial Services has a 52 week low of $31.44 and a 52 week high of $45.44. The company has a quick ratio of 1.01, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The business has a fifty day simple moving average of $41.66 and a 200-day simple moving average of $38.87. The firm has a market cap of $228.90 million, a P/E ratio of 12.23 and a beta of 0.23.

Eagle Financial Services (NASDAQ:EFSI - Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The company reported $0.41 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.78 by ($0.37). The firm had revenue of $25.56 million for the quarter, compared to analysts' expectations of $21.29 million. Eagle Financial Services had a return on equity of 8.38% and a net margin of 15.16%. On average, equities analysts expect that Eagle Financial Services will post 2.71 earnings per share for the current year.

Eagle Financial Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Monday, August 3rd were paid a dividend of $0.31 per share. The ex-dividend date of this dividend was Monday, August 3rd. This represents a $1.24 annualized dividend and a yield of 2.9%. Eagle Financial Services's dividend payout ratio is currently 35.84%.

Eagle Financial Services Company Profile

Eagle Financial Services, Inc NASDAQ: EFSI is the bank holding company for Eagle National Bank, a community-oriented financial institution headquartered in Fredericksburg, Virginia. The company offers a broad range of retail and commercial banking solutions, focusing on personalized service for individuals, small businesses, and nonprofit organizations. Through its subsidiary, Eagle National Bank, it maintains a commitment to local decision-making and relationship-driven service.

Eagle Financial Services provides deposit products including checking and savings accounts, money market funds, certificates of deposit, and individual retirement accounts.

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