Enterprise Financial Services (EFSC) Expected to Announce Earnings on Monday

Enterprise Financial Services (NASDAQ:EFSC) will likely be releasing its earnings data after the market closes on Monday, January 27th. Analysts expect Enterprise Financial Services to post earnings of $1.18 per share and revenue of $160,605.25 billion for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Enterprise Financial Services (NASDAQ:EFSC) last announced its quarterly earnings data on Monday, October 21st. The bank reported $1.29 earnings per share for the quarter, beating the consensus estimate of $1.14 by $0.15. The business had revenue of $164.89 million during 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%. 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 Stock Performance

Shares of NASDAQ EFSC opened at $57.76 on Monday. The stock’s fifty day simple moving average is $58.12 and its 200 day simple moving average is $53.12. The stock has a market capitalization of $2.14 billion, a price-to-earnings ratio of 12.24 and a beta of 1.00. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.27. Enterprise Financial Services has a 52-week low of $37.28 and a 52-week high of $63.13.

Analyst Ratings Changes

A number of research firms have recently weighed in on EFSC. Piper Sandler raised their price target on Enterprise Financial Services from $58.00 to $62.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 23rd. Keefe, Bruyette & Woods boosted their price target on shares of Enterprise Financial Services from $59.00 to $68.00 and gave the company an “outperform” rating in a report on Wednesday, December 4th.

Insider Buying and Selling

In other 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 completion of the transaction, the director now owns 40,950 shares in the company, valued at $2,438,982. This trade represents a 70.95 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 2.30% of the stock is owned by company insiders.

About Enterprise Financial Services

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.