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

Enterprise Financial Services Corp (NASDAQ:EFSC) – Equities research analysts at DA Davidson lifted their FY2025 earnings per share estimates for Enterprise Financial Services in a research note issued on Wednesday, April 30th. DA Davidson analyst J. Rulis now forecasts that the bank will post earnings of $5.20 per share for the year, up from their prior forecast of $5.00. DA Davidson currently 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.

Enterprise Financial Services (NASDAQ:EFSC) last released its quarterly earnings results on Monday, April 28th. The bank reported $1.31 earnings per share 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%.

Separately, Keefe, Bruyette & Woods decreased their price objective on shares of Enterprise Financial Services from $69.00 to $66.00 and set an “outperform” rating for the company in a research report on Wednesday.

Enterprise Financial Services Price Performance

Shares of EFSC stock opened at $52.95 on Friday. The firm has a fifty day simple moving average of $52.81 and a 200-day simple moving average of $56.06. The company has a market capitalization of $1.96 billion, a PE ratio of 10.94 and a beta of 0.84. Enterprise Financial Services has a twelve month low of $37.28 and a twelve month high of $63.13. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.27.

Hedge Funds Weigh In On Enterprise Financial Services

A number of hedge funds have recently bought and sold shares of the company. PL Capital Advisors LLC lifted its holdings in Enterprise Financial Services by 5,540.0% during the 4th quarter. PL Capital Advisors LLC now owns 39,695,956 shares of the bank’s stock worth $2,238,852,000 after buying an additional 38,992,127 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Enterprise Financial Services by 2.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,215,368 shares of the bank’s stock valued at $124,947,000 after acquiring an additional 54,987 shares in the last quarter. Vanguard Group Inc. lifted its stake in Enterprise Financial Services by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 2,089,008 shares of the bank’s stock worth $117,820,000 after purchasing an additional 13,724 shares during the last quarter. American Century Companies Inc. boosted its holdings in Enterprise Financial Services by 12.9% in the fourth quarter. American Century Companies Inc. now owns 847,939 shares of the bank’s stock worth $47,824,000 after purchasing an additional 96,822 shares during the period. Finally, William Blair Investment Management LLC increased its stake in Enterprise Financial Services by 2.5% during the fourth quarter. William Blair Investment Management LLC now owns 694,316 shares of the bank’s stock valued at $39,159,000 after purchasing an additional 16,922 shares during the last quarter. 72.21% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Enterprise Financial Services

In other news, Director James M. Havel sold 5,525 shares of the business’s stock in a transaction dated 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 approximately $903,186.09. The trade was a 26.34 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 2.30% of the stock is currently owned by insiders.

Enterprise Financial Services Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be issued a $0.30 dividend. The ex-dividend date is Monday, June 16th. This is a boost from Enterprise Financial Services’s previous quarterly dividend of $0.29. This represents a $1.20 annualized dividend and a yield of 2.27%. Enterprise Financial Services’s dividend payout ratio is currently 23.53%.

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.