Eagle Financial Services Inc. (NASDAQ:EFSI) Receives $43.00 Average Target Price from Analysts

Shares of Eagle Financial Services Inc. (NASDAQ:EFSI) have earned an average recommendation of “Hold” from the five brokerages that are currently covering the firm, MarketBeat reports. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $43.00.

A number of equities analysts recently weighed in on EFSI shares. Zacks Research raised Eagle Financial Services to a “hold” rating in a report on Thursday, February 26th. Capital One Financial set a $43.00 price objective on Eagle Financial Services in a research report on Monday, February 9th. DA Davidson began coverage on Eagle Financial Services in a research report on Wednesday, February 25th. They set a “neutral” rating and a $43.00 target price on the stock. Weiss Ratings raised shares of Eagle Financial Services from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, February 9th. Finally, Loop Capital set a $43.00 price objective on shares of Eagle Financial Services in a research report on Monday, February 9th.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. AQR Capital Management LLC increased its stake in Eagle Financial Services by 4.1% in the fourth quarter. AQR Capital Management LLC now owns 15,220 shares of the company’s stock valued at $606,000 after purchasing an additional 601 shares during the last quarter. Trexquant Investment LP grew its position in shares of Eagle Financial Services by 100.8% in the 4th quarter. Trexquant Investment LP now owns 11,684 shares of the company’s stock valued at $465,000 after buying an additional 5,866 shares during the last quarter. Barclays PLC raised its stake in Eagle Financial Services by 4.0% during the 4th quarter. Barclays PLC now owns 18,697 shares of the company’s stock worth $744,000 after acquiring an additional 719 shares in the last quarter. Fourthstone LLC lifted its position in Eagle Financial Services by 64.0% in the fourth quarter. Fourthstone LLC now owns 453,918 shares of the company’s stock valued at $18,064,000 after acquiring an additional 177,132 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its position in Eagle Financial Services by 4.4% in the fourth quarter. Wells Fargo & Company MN now owns 10,771 shares of the company’s stock valued at $429,000 after acquiring an additional 458 shares during the last quarter. 0.31% of the stock is currently owned by hedge funds and other institutional investors.

Eagle Financial Services Price Performance

Shares of NASDAQ EFSI opened at $34.71 on Friday. Eagle Financial Services has a fifty-two week low of $28.70 and a fifty-two week high of $41.12. The company has a market cap of $186.74 million, a PE ratio of 26.70 and a beta of 0.21. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.04 and a current ratio of 1.04. The business has a 50-day simple moving average of $38.97 and a two-hundred day simple moving average of $37.81.

Eagle Financial Services (NASDAQ:EFSI) last issued its quarterly earnings results on Monday, January 26th. The company reported $0.81 earnings per share for the quarter. Eagle Financial Services had a net margin of 7.76% and a return on equity of 9.99%. The company had revenue of $21.76 million for the quarter.

Eagle Financial Services Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 13th. Investors of record on Monday, February 2nd were given a dividend of $0.31 per share. The ex-dividend date was Monday, February 2nd. This represents a $1.24 dividend on an annualized basis and a yield of 3.6%. Eagle Financial Services’s payout ratio is presently 95.38%.

About Eagle Financial Services

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.