Enterprise Financial Services (NASDAQ:EFSC – Get Free Report) will post its quarterly earnings results after the market closes on Monday, July 24th. Analysts expect Enterprise Financial Services to post earnings of $1.29 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.
Enterprise Financial Services (NASDAQ:EFSC – Get Free Report) last posted its earnings results on Tuesday, April 25th. The bank reported $1.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.37 by $0.09. The firm had revenue of $185.93 million during the quarter, compared to analysts’ expectations of $154.13 million. Enterprise Financial Services had a net margin of 33.24% and a return on equity of 14.73%. During the same period in the previous year, the business posted $1.23 EPS. On average, analysts expect Enterprise Financial Services to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Enterprise Financial Services Price Performance
Shares of NASDAQ EFSC opened at $41.85 on Monday. Enterprise Financial Services has a one year low of $36.16 and a one year high of $56.35. The firm has a market cap of $1.56 billion, a PE ratio of 7.54 and a beta of 1.08. The firm has a fifty day moving average of $40.58 and a 200 day moving average of $45.91. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.91 and a current ratio of 0.91.
Enterprise Financial Services Dividend Announcement
Analysts Set New Price Targets
EFSC has been the subject of several recent research reports. Raymond James decreased their price target on Enterprise Financial Services from $52.00 to $50.00 in a report on Wednesday, April 26th. Piper Sandler cut their price target on Enterprise Financial Services from $54.00 to $48.00 in a research note on Wednesday, April 26th. Finally, StockNews.com began coverage on Enterprise Financial Services in a research report on Thursday, May 18th. They set a “hold” rating for the company.
Insider Transactions at Enterprise Financial Services
In other Enterprise Financial Services news, Director Stephen P. Marsh acquired 2,473 shares of the company’s stock in a transaction on Friday, May 19th. The shares were purchased at an average price of $40.40 per share, for a total transaction of $99,909.20. Following the completion of the purchase, the director now directly owns 47,540 shares of the company’s stock, valued at $1,920,616. The transaction was disclosed in a document filed with the SEC, which is available through this link. 3.80% of the stock is owned by insiders.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. boosted its stake in shares of Enterprise Financial Services by 3.0% in the 1st quarter. JPMorgan Chase & Co. now owns 276,485 shares of the bank’s stock worth $13,080,000 after buying an additional 8,156 shares during the last quarter. Bank of New York Mellon Corp grew its position in Enterprise Financial Services by 0.4% in the first quarter. Bank of New York Mellon Corp now owns 211,209 shares of the bank’s stock worth $9,992,000 after acquiring an additional 755 shares in the last quarter. American Century Companies Inc. grew its position in Enterprise Financial Services by 15.6% in the first quarter. American Century Companies Inc. now owns 41,396 shares of the bank’s stock worth $1,958,000 after acquiring an additional 5,586 shares in the last quarter. Cetera Advisor Networks LLC purchased a new stake in Enterprise Financial Services during the first quarter valued at about $231,000. Finally, MetLife Investment Management LLC boosted its holdings in shares of Enterprise Financial Services by 37.3% during the first quarter. MetLife Investment Management LLC now owns 18,144 shares of the bank’s stock worth $858,000 after purchasing an additional 4,925 shares during the period. 73.50% of the stock is owned by institutional investors.
About Enterprise Financial Services
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. It offers checking, savings, and money market accounts, and certificates of deposit. The company also provides commercial and industrial, commercial real estate, construction and land development, residential real estate, agricultural, and consumer loans.
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