Enterprise Bancorp (EBTC) Stock Price, News & Analysis

Company Overview

Enterprise Bancorp, Inc. operates as the holding company for Enterprise Bank and Trust Company that engages in the provision of commercial banking products and services. It offers commercial and retail deposit products, including checking accounts, limited-transactional savings and money market accounts, commercial sweep products, and term certificates of deposit. The company also provides commercial real estate, commercial and industrial, commercial construction, residential, and consumer loans, as well as home equity loans and lines of credit. In addition, the company offers cash management services; wealth advisory and management services that include customized investment management and trust services to individuals, family groups, commercial businesses, trusts, foundations, non-profit organizations, and endowments; brokerage and management services to individual investors; insurance services; and online and mobile banking services. The company was founded in 1989 and is headquartered in Lowell, Massachusetts.

Key Stats

• Today's Range: $39.33 to $40.68
• 50-Day Range: $31.19 to $43.48
• 52-Week Range: $22.60 to $44.08
• Volume: 73,163 shs
• Average Volume: 25,097 shs
• Market Capitalization: $497.91 million
• P/E Ratio: 13.81
• Dividend Yield: 2.40%
• Price Target: N/A
• Consensus Rating: N/A

Enterprise Bancorp Stock Analysis - MarketRank™

Enterprise Bancorp scored higher than 31% of companies evaluated by MarketBeat, and ranked 787th out of 935 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Enterprise Bancorp.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Enterprise Bancorp is 13.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.42.

Price to Earnings Ratio vs. Sector

The P/E ratio of Enterprise Bancorp is 13.81, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 26.72.

Price to Book Value per Share Ratio

Enterprise Bancorp has a P/B Ratio of 1.49. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.78% of the float of Enterprise Bancorp has been sold short.

Short Interest Ratio / Days to Cover

Enterprise Bancorp has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Enterprise Bancorp has recently increased by 30.35%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Enterprise Bancorp pays a meaningful dividend of 2.28%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Enterprise Bancorp does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Enterprise Bancorp is 33.10%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.78% of the float of Enterprise Bancorp has been sold short.

Short Interest Ratio / Days to Cover

Enterprise Bancorp has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Enterprise Bancorp has recently increased by 30.35%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.58

News Sentiment

Enterprise Bancorp has a news sentiment score of 0.58. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.75 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Enterprise Bancorp this week, compared to 1 article on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Enterprise Bancorp insiders have not sold or bought any company stock.

Percentage Held by Insiders

21.69% of the stock of Enterprise Bancorp is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 38.93% of the stock of Enterprise Bancorp is held by institutions.

EBTC Stock Analysis - Frequently Asked Questions

How have EBTC shares performed this year?

Enterprise Bancorp's stock was trading at $32.26 on January 1st, 2024. Since then, EBTC stock has increased by 24.2% and is now trading at $40.06.
View the best growth stocks for 2024 here.

How were Enterprise Bancorp's earnings last quarter?

Enterprise Bancorp, Inc. (NASDAQ:EBTC) released its earnings results on Monday, April, 27th. The savings and loans company reported $0.34 earnings per share for the quarter. The savings and loans company had revenue of $34.09 million for the quarter. Enterprise Bancorp had a net margin of 14.53% and a trailing twelve-month return on equity of 10.48%.

Who are Enterprise Bancorp's major shareholders?

Top institutional investors of Enterprise Bancorp include The Manufacturers Life Insurance Company (2.20%), Geode Capital Management LLC (1.88%), State Street Corp (1.61%) and Siena Capital Partners GP LLC (1.20%). Insiders that own company stock include Michael T Putziger, Stephen J Irish, Luis M Pedroso, Gino J Baroni, Mary Jane King, Ken S Ansin and Ryan C Dunn.
View institutional ownership trends.

How do I buy shares of Enterprise Bancorp?

Shares of EBTC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Enterprise Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Enterprise Bancorp investors own include American Water Works (AWK), The RMR Group (RMR), Waste Connections (WCN), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC), AUO (AUOTY) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 4/27/2020
• Ex-Dividend for 12/2 Dividend: 11/08/2024
• Dividend Payable: 12/02/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:EBTC
• CUSIP: 29366810
• CIK: 1018399
• Web: www.enterprisebanking.com
• Phone: (978) 459-9000
• Fax: 978-656-5813
• Employees: 570
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $2.90
• Trailing P/E Ratio: 13.81
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $38.06 million
• Net Margins: 14.53%
• Pretax Margin: 19.67%
• Return on Equity: 10.48%
• Return on Assets: 0.77%

Debt

• Debt-to-Equity Ratio: 0.33
• Current Ratio: 0.92
• Quick Ratio: 0.92

Sales & Book Value

• Annual Sales: $168.70 million
• Price / Sales: 2.95
• Cash Flow: $3.34 per share
• Price / Cash Flow: 11.98
• Book Value: $26.85 per share
• Price / Book: 1.49

Miscellaneous

• Outstanding Shares: 12,429,000
• Free Float: 9,733,000
• Market Cap: $497.91 million
• Optionable: Optionable
• Beta: 0.56