Analysts Anticipate Enterprise Financial Services Corp (NASDAQ:EFSC) to Announce $1.09 EPS

Equities analysts expect Enterprise Financial Services Corp (NASDAQ:EFSC) to post earnings of $1.09 per share for the current fiscal quarter, Zacks Investment Research reports. Three analysts have provided estimates for Enterprise Financial Services’ earnings, with the highest EPS estimate coming in at $1.13 and the lowest estimate coming in at $1.06. Enterprise Financial Services posted earnings per share of $1.06 in the same quarter last year, which would indicate a positive year over year growth rate of 2.8%. The firm is scheduled to announce its next quarterly earnings report on Monday, January 20th.

On average, analysts expect that Enterprise Financial Services will report full-year earnings of $4.04 per share for the current financial year, with EPS estimates ranging from $4.02 to $4.05. For the next fiscal year, analysts anticipate that the firm will post earnings of $4.15 per share, with EPS estimates ranging from $3.96 to $4.30. Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that follow Enterprise Financial Services.

Enterprise Financial Services (NASDAQ:EFSC) last announced its earnings results on Monday, October 21st. The bank reported $1.09 EPS for the quarter, beating the consensus estimate of $1.00 by $0.09. The business had revenue of $76.61 million for the quarter, compared to the consensus estimate of $73.87 million. Enterprise Financial Services had a return on equity of 13.30% and a net margin of 25.84%.

Several equities research analysts have commented on EFSC shares. Raymond James started coverage on shares of Enterprise Financial Services in a research note on Thursday, September 19th. They issued an “outperform” rating and a $48.00 price objective for the company. BidaskClub raised shares of Enterprise Financial Services from a “sell” rating to a “hold” rating in a research report on Friday, October 18th. ValuEngine raised shares of Enterprise Financial Services from a “sell” rating to a “hold” rating in a research report on Friday, November 1st. Finally, Zacks Investment Research raised shares of Enterprise Financial Services from a “sell” rating to a “hold” rating in a research report on Thursday, October 24th.

Shares of NASDAQ:EFSC traded up $0.04 during mid-day trading on Tuesday, hitting $45.66. 42,700 shares of the company traded hands, compared to its average volume of 103,389. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.96 and a current ratio of 0.96. The firm has a market cap of $1.22 billion, a P/E ratio of 12.65 and a beta of 1.15. Enterprise Financial Services has a 52-week low of $36.09 and a 52-week high of $47.03. The firm’s 50 day simple moving average is $42.08 and its 200 day simple moving average is $41.12.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be given a dividend of $0.17 per share. This is an increase from Enterprise Financial Services’s previous quarterly dividend of $0.16. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.49%. The ex-dividend date is Friday, December 13th. Enterprise Financial Services’s dividend payout ratio is currently 17.73%.

Several institutional investors have recently added to or reduced their stakes in EFSC. Advisor Group Inc. grew its position in Enterprise Financial Services by 112.4% during the second quarter. Advisor Group Inc. now owns 1,512 shares of the bank’s stock valued at $62,000 after buying an additional 800 shares during the period. Aperio Group LLC bought a new position in shares of Enterprise Financial Services in the second quarter worth approximately $158,000. Voloridge Investment Management LLC bought a new position in shares of Enterprise Financial Services in the second quarter worth approximately $220,000. Campbell & CO Investment Adviser LLC bought a new position in shares of Enterprise Financial Services in the third quarter worth approximately $217,000. Finally, Connable Office Inc. bought a new position in shares of Enterprise Financial Services in the second quarter worth approximately $259,000. 72.71% of the stock is owned by hedge funds and other institutional investors.

Enterprise Financial Services Company Profile

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. The company offers demand deposits, interest-bearing transaction accounts, money market accounts, and savings deposits, as well as certificates of deposit.

Featured Story: Risk Tolerance

Get a free copy of the Zacks research report on Enterprise Financial Services (EFSC)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Enterprise Financial Services (NASDAQ:EFSC)

Receive News & Ratings for Enterprise Financial Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enterprise Financial Services and related companies with MarketBeat.com's FREE daily email newsletter.