Research Analysts Issue Forecasts for EFSC FY2025 Earnings

Enterprise Financial Services Corp (NASDAQ:EFSC - Free Report) - Investment analysts at DA Davidson increased their FY2025 earnings estimates for shares of Enterprise Financial Services in a research note issued to investors on Thursday, December 19th. DA Davidson analyst J. Rulis now anticipates that the bank will post earnings per share of $4.60 for the year, up from their previous forecast of $4.50. The consensus estimate for Enterprise Financial Services' current full-year earnings is $4.77 per share.

Enterprise Financial Services (NASDAQ:EFSC - Get Free Report) last released its earnings results on Monday, October 21st. The bank reported $1.29 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.14 by $0.15. Enterprise Financial Services had a return on equity of 10.81% and a net margin of 19.73%. The business had revenue of $164.89 million during the quarter, compared to the consensus estimate of $157.56 million.

Other equities analysts have also issued research reports about the stock. Piper Sandler increased their target price on shares of Enterprise Financial Services from $58.00 to $62.00 and gave the stock an "overweight" rating in a research report on Wednesday, October 23rd. Keefe, Bruyette & Woods upped their price target on shares of Enterprise Financial Services from $59.00 to $68.00 and gave the company an "outperform" rating in a research note on Wednesday, December 4th.

Enterprise Financial Services Stock Performance

EFSC traded up $0.77 during trading hours on Friday, hitting $56.59. The stock had a trading volume of 511,864 shares, compared to its average volume of 150,222. Enterprise Financial Services has a 1 year low of $37.28 and a 1 year high of $63.13. The company's fifty day simple moving average is $57.02 and its 200 day simple moving average is $50.35. The stock has a market cap of $2.10 billion, a PE ratio of 11.99 and a beta of 0.99. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.27.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in EFSC. nVerses Capital LLC bought a new position in Enterprise Financial Services in the 2nd quarter worth about $29,000. Innealta Capital LLC bought a new position in shares of Enterprise Financial Services in the second quarter worth approximately $31,000. Quarry LP increased its position in shares of Enterprise Financial Services by 2,593.5% in the third quarter. Quarry LP now owns 835 shares of the bank's stock worth $43,000 after purchasing an additional 804 shares during the last quarter. Point72 DIFC Ltd purchased a new stake in Enterprise Financial Services in the third quarter valued at approximately $102,000. Finally, FMR LLC lifted its position in Enterprise Financial Services by 34.2% during the third quarter. FMR LLC now owns 2,560 shares of the bank's stock valued at $131,000 after purchasing an additional 653 shares during the last quarter. Institutional investors own 72.21% of the company's stock.

Insiders Place Their Bets

In other Enterprise Financial Services news, Director Richard Sanborn sold 100,000 shares of the stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $59.56, for a total value of $5,956,000.00. Following the sale, the director now directly owns 40,950 shares in the company, valued at $2,438,982. This represents a 70.95 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.30% of the stock is owned by corporate insiders.

Enterprise Financial Services Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be paid a $0.28 dividend. The ex-dividend date is Monday, December 16th. This represents a $1.12 annualized dividend and a yield of 1.98%. This is an increase from Enterprise Financial Services's previous quarterly dividend of $0.27. Enterprise Financial Services's dividend payout ratio (DPR) is currently 23.73%.

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.