Equities analysts expect Enterprise Financial Services Corp (NASDAQ:EFSC – Get Rating) to announce earnings per share (EPS) of $1.11 for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Enterprise Financial Services’ earnings, with the highest EPS estimate coming in at $1.18 and the lowest estimate coming in at $1.06. Enterprise Financial Services posted earnings per share of $0.96 in the same quarter last year, which suggests a positive year over year growth rate of 15.6%. The firm is expected to issue its next earnings report after the market closes on Monday, January 1st.
According to Zacks, analysts expect that Enterprise Financial Services will report full-year earnings of $4.68 per share for the current fiscal year, with EPS estimates ranging from $4.50 to $4.88. For the next year, analysts expect that the business will report earnings of $4.98 per share, with EPS estimates ranging from $4.80 to $5.19. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that that provide coverage for Enterprise Financial Services.
Enterprise Financial Services (NASDAQ:EFSC – Get Rating) last posted its quarterly earnings data on Monday, January 24th. The bank reported $1.37 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.17 by $0.20. Enterprise Financial Services had a net margin of 29.50% and a return on equity of 13.08%. The company had revenue of $124.69 million during the quarter, compared to analysts’ expectations of $121.70 million. During the same period in the prior year, the company posted $1.00 earnings per share.
Institutional investors have recently added to or reduced their stakes in the business. UMB Bank N A MO bought a new position in shares of Enterprise Financial Services in the fourth quarter valued at $40,000. Rice Hall James & Associates LLC bought a new position in shares of Enterprise Financial Services during the fourth quarter valued at about $204,000. SG Americas Securities LLC bought a new position in shares of Enterprise Financial Services during the third quarter valued at about $205,000. Amalgamated Bank bought a new position in shares of Enterprise Financial Services during the third quarter valued at about $210,000. Finally, Claris Advisors LLC MO bought a new position in shares of Enterprise Financial Services during the fourth quarter valued at about $250,000. 64.80% of the stock is currently owned by hedge funds and other institutional investors.
Shares of EFSC traded up $0.24 during trading hours on Tuesday, hitting $45.26. 131,727 shares of the stock were exchanged, compared to its average volume of 121,746. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.96 and a quick ratio of 0.96. The firm has a market capitalization of $1.71 billion, a P/E ratio of 11.61 and a beta of 1.21. The business has a 50-day moving average of $48.59 and a 200-day moving average of $48.14. Enterprise Financial Services has a fifty-two week low of $42.23 and a fifty-two week high of $51.50.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 31st. Shareholders of record on Tuesday, March 15th were paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.86%. This is a positive change from Enterprise Financial Services’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend was Monday, March 14th. Enterprise Financial Services’s dividend payout ratio (DPR) is 21.54%.
Enterprise Financial Services Company Profile (Get Rating)
Enterprise Financial Services Corp operates as the financial holding company for Enterprise Bank & Trust that offers banking and wealth management services to individuals and corporate customers. The company offers checking, savings, and money market accounts, and certificates of deposit. It also provides commercial and industrial, commercial real estate, construction and land development, residential real estate, agricultural, and consumer loans.
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