Enterprise Financial Services Corp (NASDAQ:EFSC - Free Report) - Research analysts at DA Davidson boosted their FY2025 earnings per share estimates for Enterprise Financial Services in a research note issued to investors on Wednesday, April 30th. DA Davidson analyst J. Rulis now expects that the bank will post earnings per share of $5.20 for the year, up from their previous estimate of $5.00. DA Davidson has a "Buy" rating and a $65.00 price objective on the stock. The consensus estimate for Enterprise Financial Services' current full-year earnings is $4.97 per share.
Separately, Keefe, Bruyette & Woods reduced their target price on Enterprise Financial Services from $69.00 to $66.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 30th.
Read Our Latest Stock Report on EFSC
Enterprise Financial Services Trading Down 0.7 %
Shares of Enterprise Financial Services stock traded down $0.39 during trading hours on Friday, reaching $52.58. 99,510 shares of the company's stock were exchanged, compared to its average volume of 176,423. Enterprise Financial Services has a 52-week low of $37.28 and a 52-week high of $63.13. The company has a fifty day moving average of $52.71 and a 200-day moving average of $56.09. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $1.94 billion, a price-to-earnings ratio of 10.86 and a beta of 0.85.
Enterprise Financial Services (NASDAQ:EFSC - Get Free Report) last posted its quarterly earnings data on Monday, April 28th. The bank reported $1.31 EPS for the quarter, topping analysts' consensus estimates of $1.17 by $0.14. The firm had revenue of $18.48 million during the quarter, compared to analysts' expectations of $162.83 million. Enterprise Financial Services had a return on equity of 10.94% and a net margin of 20.12%.
Enterprise Financial Services Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be given a $0.30 dividend. This is a positive change from Enterprise Financial Services's previous quarterly dividend of $0.29. This represents a $1.20 annualized dividend and a dividend yield of 2.28%. The ex-dividend date of this dividend is Monday, June 16th. Enterprise Financial Services's dividend payout ratio (DPR) is 23.53%.
Insider Buying and Selling at Enterprise Financial Services
In other news, Director James M. Havel sold 5,525 shares of the stock in a transaction on Friday, February 28th. The shares were sold at an average price of $58.47, for a total value of $323,046.75. Following the completion of the sale, the director now owns 15,447 shares of the company's stock, valued at $903,186.09. This represents a 26.34 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.20% of the stock is owned by company insiders.
Institutional Trading of Enterprise Financial Services
Several large investors have recently added to or reduced their stakes in EFSC. US Bancorp DE grew its stake in Enterprise Financial Services by 5.7% during the 4th quarter. US Bancorp DE now owns 4,095 shares of the bank's stock valued at $231,000 after purchasing an additional 222 shares in the last quarter. Versant Capital Management Inc grew its position in shares of Enterprise Financial Services by 51.7% during the first quarter. Versant Capital Management Inc now owns 775 shares of the bank's stock worth $42,000 after buying an additional 264 shares in the last quarter. Summit Investment Advisors Inc. increased its stake in shares of Enterprise Financial Services by 7.3% in the fourth quarter. Summit Investment Advisors Inc. now owns 3,873 shares of the bank's stock worth $218,000 after buying an additional 265 shares during the last quarter. Prudential Financial Inc. boosted its stake in Enterprise Financial Services by 1.1% during the 4th quarter. Prudential Financial Inc. now owns 27,696 shares of the bank's stock valued at $1,629,000 after acquiring an additional 293 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. increased its holdings in Enterprise Financial Services by 1.0% in the fourth 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 last quarter. 72.21% of the stock is currently owned by institutional investors and hedge funds.
Enterprise Financial Services Company Profile
(
Get Free Report)
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.
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