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

Enterprise Financial Services (NASDAQ:EFSC) is expected to announce its earnings results after the market closes on Monday, January 27th. Analysts expect the company to announce earnings of $1.18 per share and revenue of $160,605.25 billion for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Enterprise Financial Services Stock Up 0.2 %

EFSC stock opened at $56.43 on Friday. Enterprise Financial Services has a fifty-two week low of $37.28 and a fifty-two week high of $63.13. The business’s fifty day moving average price is $57.86 and its two-hundred day moving average price is $53.64. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.91 and a quick ratio of 0.91. The stock has a market capitalization of $2.10 billion, a price-to-earnings ratio of 11.96 and a beta of 1.00.

Insider Activity

In other news, Director Richard Sanborn sold 100,000 shares of the stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $59.56, for a total transaction of $5,956,000.00. Following the transaction, the director now directly owns 40,950 shares in the company, valued at approximately $2,438,982. This represents a 70.95 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 2.30% of the company’s stock.

Wall Street Analysts Forecast Growth

EFSC has been the subject of several analyst reports. Piper Sandler raised their target price 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 raised their price objective on shares of Enterprise Financial Services from $59.00 to $68.00 and gave the company an “outperform” rating in a research report on Wednesday, December 4th.

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.