Eagle Financial Services Inc. (EFSI) to Issue Quarterly Dividend of $0.31 on November 13th

Eagle Financial Services Inc. (NASDAQ:EFSI) announced a quarterly dividend on Wednesday, October 21st. Stockholders of record on Monday, November 2nd will be given a dividend of $0.31 per share on Friday, November 13th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Monday, November 2nd.

Eagle Financial Services Trading Down 1.0%

Shares of EFSI stock opened at $45.61 on Friday. The stock has a market cap of $246.75 million, a P/E ratio of 13.82 and a beta of 0.21. Eagle Financial Services has a 1 year low of $31.44 and a 1 year high of $48.17. The company has a current ratio of 1.02, a quick ratio of 1.01 and a debt-to-equity ratio of 0.15. The stock has a 50 day simple moving average of $44.90 and a 200 day simple moving average of $40.39.

Eagle Financial Services (NASDAQ:EFSI) last posted its quarterly earnings data on Thursday, October 22nd. The company reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.88 by $0.05. The firm had revenue of $22.93 million for the quarter, compared to analyst estimates of $22.09 million. Eagle Financial Services had a return on equity of 8.02% and a net margin of 14.55%. On average, research analysts predict that Eagle Financial Services will post 2.71 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on EFSI. Freedom Broker lowered Eagle Financial Services from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 27th. Zacks Research raised shares of Eagle Financial Services from a “strong sell” rating to a “hold” rating in a research report on Friday, September 25th. Weiss Ratings reiterated a “buy (b)” rating on shares of Eagle Financial Services in a research note on Tuesday, September 22nd. DA Davidson raised their target price on shares of Eagle Financial Services from $40.00 to $46.00 and gave the company a “neutral” rating in a report on Wednesday, September 9th. Finally, Wall Street Zen cut shares of Eagle Financial Services from a “sell” rating to a “strong sell” rating in a research report on Monday, September 14th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $43.75.

Eagle Financial Services Company Profile

Eagle Financial Services, Inc is a bank holding company headquartered in Berryville, Virginia. It operates through its principal subsidiary, Bank of Clarke County, a community bank that has served customers in Virginia’s Northern Shenandoah Valley since 1881.

Bank of Clarke County provides personal and business banking services, including checking and savings accounts, certificates of deposit, consumer loans, commercial lending, residential mortgage financing, and online and mobile banking services.