What is DA Davidson's Estimate for EFSC FY2025 Earnings?

Key Points

• DA Davidson has raised its FY2025 earnings estimate for Enterprise Financial Services to $5.45 per share, up from $5.15, maintaining a "Buy" rating and a price target of $65.00.
• Enterprise Financial Services recently reported quarterly earnings of $1.37 per share, exceeding the consensus estimate of $1.20, alongside a strong revenue of $176.05 million for the quarter.
• The company has announced an increase in its quarterly dividend to $0.31 per share, reflecting a commitment to returning value to shareholders.

Enterprise Financial Services Corporation (NASDAQ:EFSC - Free Report) - Research analysts at DA Davidson raised their FY2025 EPS estimates for Enterprise Financial Services in a report released on Wednesday, July 30th. DA Davidson analyst J. Rulis now expects that the bank will post earnings per share of $5.45 for the year, up from their previous forecast of $5.15. DA Davidson has a "Buy" rating and a $65.00 price target on the stock. The consensus estimate for Enterprise Financial Services' current full-year earnings is $4.97 per share. DA Davidson also issued estimates for Enterprise Financial Services' FY2026 earnings at $5.50 EPS.

Enterprise Financial Services (NASDAQ:EFSC - Get Free Report) last announced its quarterly earnings data on Monday, July 28th. The bank reported $1.37 earnings per share for the quarter, beating analysts' consensus estimates of $1.20 by $0.17. The business had revenue of $176.05 million for the quarter, compared to analyst estimates of $166.82 million. Enterprise Financial Services had a net margin of 21.28% and a return on equity of 11.31%.

EFSC has been the subject of several other reports. Keefe, Bruyette & Woods lowered their price objective on Enterprise Financial Services from $69.00 to $66.00 and set an "outperform" rating for the company in a research report on Wednesday, April 30th. Wall Street Zen upgraded Enterprise Financial Services from a "sell" rating to a "hold" rating in a research note on Saturday, July 26th.

Enterprise Financial Services Stock Down 2.5%

NASDAQ:EFSC traded down $1.38 during trading hours on Friday, hitting $53.81. The company's stock had a trading volume of 246,777 shares, compared to its average volume of 171,891. Enterprise Financial Services has a 52-week low of $45.22 and a 52-week high of $63.13. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $1.99 billion, a P/E ratio of 10.21 and a beta of 0.90. The stock has a fifty day moving average of $55.07 and a 200-day moving average of $55.03.

Enterprise Financial Services Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be paid a $0.31 dividend. This is a boost from Enterprise Financial Services's previous quarterly dividend of $0.30. This represents a $1.24 annualized dividend and a yield of 2.3%. The ex-dividend date is Monday, September 15th. Enterprise Financial Services's payout ratio is currently 22.77%.

Insider Buying and Selling at Enterprise Financial Services

In related 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 transaction, the chief executive officer owned 106,974 shares in the company, valued at $5,902,825.32. This trade represents a 4.20% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Michael E. Finn acquired 1,500 shares of Enterprise Financial Services stock in a transaction on Friday, June 6th. The stock was purchased at an average price of $52.50 per share, with a total value of $78,750.00. Following the purchase, the director owned 1,500 shares of the company's stock, valued at $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 in the last 90 days. 2.30% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Enterprise Financial Services

A number of hedge funds have recently modified their holdings of EFSC. Versant Capital Management Inc boosted its stake in Enterprise Financial Services by 51.7% during the 1st quarter. Versant Capital Management Inc now owns 775 shares of the bank's stock worth $42,000 after purchasing an additional 264 shares during the period. Summit Investment Advisors Inc. boosted its stake in shares of 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 buying an additional 265 shares during the period. Prudential Financial Inc. grew 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 buying an additional 293 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in Enterprise Financial Services by 4.1% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 7,640 shares of the bank's stock valued at $411,000 after acquiring an additional 302 shares during the period. Finally, XTX Topco Ltd increased its position in Enterprise Financial Services by 7.5% in the 4th quarter. XTX Topco Ltd now owns 5,714 shares of the bank's stock valued at $322,000 after acquiring an additional 399 shares during the period. 72.21% of the stock is currently owned by hedge funds and other institutional investors.

Enterprise Financial Services Company Profile

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.