Equities analysts predict that Enterprise Financial Services Corp (NASDAQ:EFSC) will announce earnings of $1.09 per share for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for Enterprise Financial Services’ earnings. The lowest EPS estimate is $1.04 and the highest is $1.14. Enterprise Financial Services reported earnings per share of $0.56 in the same quarter last year, which suggests a positive year-over-year growth rate of 94.6%. The company is expected to report its next quarterly earnings report on Monday, July 19th.
On average, analysts expect that Enterprise Financial Services will report full-year earnings of $3.89 per share for the current fiscal year, with EPS estimates ranging from $3.33 to $4.30. For the next year, analysts expect that the company will report earnings of $4.07 per share, with EPS estimates ranging from $3.95 to $4.15. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that cover Enterprise Financial Services.
Enterprise Financial Services (NASDAQ:EFSC) last released its quarterly earnings data on Sunday, April 25th. The bank reported $0.96 EPS for the quarter, topping analysts’ consensus estimates of $0.88 by $0.08. The firm had revenue of $90.41 million for the quarter, compared to the consensus estimate of $95.14 million. Enterprise Financial Services had a net margin of 21.40% and a return on equity of 8.61%.
EFSC stock traded down $1.11 during trading on Wednesday, reaching $48.12. 3,796 shares of the company were exchanged, compared to its average volume of 156,154. The company has a market cap of $1.50 billion, a P/E ratio of 17.57 and a beta of 1.28. Enterprise Financial Services has a 52-week low of $21.70 and a 52-week high of $52.00. The stock’s 50 day moving average price is $49.60 and its 200 day moving average price is $40.49. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.95 and a current ratio of 0.96.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 30th. Shareholders of record on Tuesday, June 15th will be given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 1.50%. The ex-dividend date of this dividend is Monday, June 14th. Enterprise Financial Services’s payout ratio is currently 17.65%.
In other Enterprise Financial Services news, Director John S. Eulich bought 7,500 shares of the business’s stock in a transaction on Tuesday, May 4th. The stock was bought at an average price of $49.79 per share, for a total transaction of $373,425.00. Following the completion of the transaction, the director now owns 9,043 shares in the company, valued at approximately $450,250.97. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director James F. Deutsch sold 100,000 shares of Enterprise Financial Services stock in a transaction dated Friday, March 5th. The stock was sold at an average price of $45.46, for a total transaction of $4,546,000.00. Following the transaction, the director now owns 41 shares of the company’s stock, valued at approximately $1,863.86. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 151,000 shares of company stock valued at $7,126,560. 9.00% of the stock is currently owned by company insiders.
Large investors have recently bought and sold shares of the company. Alliancebernstein L.P. raised its position in shares of Enterprise Financial Services by 29.5% in the fourth quarter. Alliancebernstein L.P. now owns 41,066 shares of the bank’s stock valued at $1,435,000 after buying an additional 9,365 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Enterprise Financial Services by 165.5% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,693 shares of the bank’s stock valued at $129,000 after buying an additional 2,302 shares during the last quarter. Mendon Capital Advisors Corp acquired a new position in shares of Enterprise Financial Services in the fourth quarter valued at approximately $1,048,000. Cullen Capital Management LLC acquired a new position in shares of Enterprise Financial Services in the fourth quarter valued at approximately $218,000. Finally, Jane Street Group LLC acquired a new position in shares of Enterprise Financial Services in the fourth quarter valued at approximately $205,000. 71.37% of the stock is owned by institutional investors and hedge funds.
About Enterprise Financial Services
Enterprise Financial Services Corp operates as the financial holding company for Enterprise Bank & Trust that offers banking and wealth management services to individuals and corporate customers. The company offers checking, savings, and money market accounts, and certificates of deposit. It also provides commercial and industrial, commercial real estate, construction and land development, residential real estate, agricultural, and consumer loans.
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