DA Davidson Has Positive Outlook for EFSC FY2025 Earnings

Enterprise Financial Services Corp (NASDAQ:EFSC) – DA Davidson lifted their FY2025 EPS estimates for Enterprise Financial Services in a research report issued on Wednesday, January 29th. DA Davidson analyst J. Rulis now anticipates that the bank will earn $5.20 per share for the year, up from their previous estimate of $4.60. DA Davidson has a “Buy” rating and a $70.00 price target on the stock. The consensus estimate for Enterprise Financial Services’ current full-year earnings is $4.69 per share.

Enterprise Financial Services (NASDAQ:EFSC) last announced its quarterly earnings data on Monday, January 27th. The bank reported $1.32 earnings per share for the quarter, topping the consensus estimate of $1.18 by $0.14. Enterprise Financial Services had a return on equity of 10.94% and a net margin of 20.12%.

A number of other equities research analysts have also recently issued reports on EFSC. Keefe, Bruyette & Woods reissued an “outperform” rating and set a $70.00 target price (up previously from $68.00) on shares of Enterprise Financial Services in a report on Wednesday. Piper Sandler lifted their price target on Enterprise Financial Services from $58.00 to $62.00 and gave the company an “overweight” rating in a research report on Wednesday, October 23rd.

Enterprise Financial Services Stock Performance

NASDAQ EFSC opened at $59.84 on Friday. The company’s 50 day moving average is $57.88 and its 200-day moving average is $54.15. The firm has a market cap of $2.22 billion, a P/E ratio of 12.36 and a beta of 1.00. Enterprise Financial Services has a 12-month low of $37.28 and a 12-month high of $63.13. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.27.

Hedge Funds Weigh In On Enterprise Financial Services

A number of institutional investors have recently made changes to their positions in EFSC. Versant Capital Management Inc bought a new position in Enterprise Financial Services in the fourth quarter valued at $29,000. Quarry LP increased its position in shares of Enterprise Financial Services by 2,593.5% during the 3rd quarter. Quarry LP now owns 835 shares of the bank’s stock valued at $43,000 after purchasing an additional 804 shares during the last quarter. Point72 DIFC Ltd bought a new stake in Enterprise Financial Services in the 3rd quarter worth approximately $102,000. FMR LLC boosted its stake in Enterprise Financial Services by 34.2% in the third quarter. FMR LLC now owns 2,560 shares of the bank’s stock worth $131,000 after buying an additional 653 shares in the last quarter. Finally, Advisors Asset Management Inc. grew its position in Enterprise Financial Services by 169.7% during the third quarter. Advisors Asset Management Inc. now owns 3,452 shares of the bank’s stock valued at $177,000 after acquiring an additional 2,172 shares during the last quarter. Institutional investors own 72.21% of the company’s stock.

Insider Activity

In related news, Director Richard Sanborn sold 100,000 shares of the firm’s 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 of the company’s stock, valued at $2,438,982. This trade represents a 70.95 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 2.30% of the company’s stock.

Enterprise Financial Services Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be issued a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 1.94%. This is an increase from Enterprise Financial Services’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend is Friday, March 14th. Enterprise Financial Services’s dividend payout ratio (DPR) is presently 23.14%.

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.