FY2025 Earnings Estimate for EFSC Issued By DA Davidson

Enterprise Financial Services Corp (NASDAQ:EFSC) – Equities research analysts at DA Davidson raised their FY2025 earnings per share estimates for shares of Enterprise Financial Services in a research report issued on Thursday, December 19th. DA Davidson analyst J. Rulis now anticipates that the bank will earn $4.60 per share for the year, up from their previous estimate of $4.50. The consensus estimate for Enterprise Financial Services’ current full-year earnings is $4.77 per share.

Enterprise Financial Services (NASDAQ:EFSC) last issued its quarterly earnings data on Monday, October 21st. The bank reported $1.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.14 by $0.15. The company had revenue of $164.89 million for the quarter, compared to analyst estimates of $157.56 million. Enterprise Financial Services had a return on equity of 10.81% and a net margin of 19.73%.

A number of other equities analysts have also issued reports on the company. Keefe, Bruyette & Woods raised their price target on Enterprise Financial Services from $59.00 to $68.00 and gave the stock an “outperform” rating in a report on Wednesday, December 4th. Piper Sandler raised their target price on Enterprise Financial Services from $58.00 to $62.00 and gave the company an “overweight” rating in a report on Wednesday, October 23rd.

Enterprise Financial Services Stock Performance

Shares of EFSC opened at $56.59 on Friday. The company’s 50 day simple moving average is $57.02 and its 200-day simple moving average is $50.35. Enterprise Financial Services has a 12-month low of $37.28 and a 12-month high of $63.13. The firm has a market cap of $2.10 billion, a PE ratio of 11.99 and a beta of 0.99. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.27.

Institutional Trading of Enterprise Financial Services

A number of hedge funds have recently made changes to their positions in the stock. Dimensional Fund Advisors LP lifted its position in shares of Enterprise Financial Services by 3.6% during the second quarter. Dimensional Fund Advisors LP now owns 2,084,093 shares of the bank’s stock worth $85,257,000 after purchasing an additional 71,502 shares during the last quarter. American Century Companies Inc. increased its holdings in shares of Enterprise Financial Services by 19.1% in the 2nd quarter. American Century Companies Inc. now owns 655,490 shares of the bank’s stock valued at $26,816,000 after acquiring an additional 104,960 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Enterprise Financial Services by 2.9% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 87,506 shares of the bank’s stock worth $4,486,000 after purchasing an additional 2,452 shares during the last quarter. GSA Capital Partners LLP bought a new position in Enterprise Financial Services during the third quarter worth $1,417,000. Finally, Earnest Partners LLC increased its stake in Enterprise Financial Services by 3.2% during the second quarter. Earnest Partners LLC now owns 1,955,988 shares of the bank’s stock valued at $80,019,000 after purchasing an additional 59,809 shares during the last quarter. Institutional investors and hedge funds own 72.21% of the company’s stock.

Insider Buying and Selling

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

Enterprise Financial Services Increases Dividend

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