Enterprise Financial Services Corp (NASDAQ:EFSC) Given Consensus Rating of “Hold” by Analysts

Enterprise Financial Services Corp (NASDAQ:EFSC) has earned a consensus recommendation of “Hold” from the seven brokerages that are currently covering the company, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $57.33.

A number of brokerages have recently issued reports on EFSC. Zacks Investment Research downgraded shares of Enterprise Financial Services from a “buy” rating to a “hold” rating in a report on Friday, April 26th. BidaskClub downgraded shares of Enterprise Financial Services from a “hold” rating to a “sell” rating in a report on Thursday, April 11th.

Several large investors have recently modified their holdings of EFSC. Xact Kapitalforvaltning AB lifted its stake in shares of Enterprise Financial Services by 27.3% in the 4th quarter. Xact Kapitalforvaltning AB now owns 12,137 shares of the bank’s stock worth $457,000 after purchasing an additional 2,600 shares during the period. Rhumbline Advisers lifted its stake in shares of Enterprise Financial Services by 41.7% in the 4th quarter. Rhumbline Advisers now owns 33,050 shares of the bank’s stock worth $1,244,000 after purchasing an additional 9,726 shares during the period. SG Americas Securities LLC lifted its stake in shares of Enterprise Financial Services by 14.9% in the 4th quarter. SG Americas Securities LLC now owns 7,970 shares of the bank’s stock worth $300,000 after purchasing an additional 1,035 shares during the period. Dupont Capital Management Corp lifted its stake in shares of Enterprise Financial Services by 23.8% in the 4th quarter. Dupont Capital Management Corp now owns 9,047 shares of the bank’s stock worth $340,000 after purchasing an additional 1,737 shares during the period. Finally, Rothschild & Co. Asset Management US Inc. lifted its stake in shares of Enterprise Financial Services by 4.0% in the 4th quarter. Rothschild & Co. Asset Management US Inc. now owns 247,611 shares of the bank’s stock worth $9,318,000 after purchasing an additional 9,624 shares during the period. Hedge funds and other institutional investors own 70.92% of the company’s stock.

Shares of NASDAQ EFSC traded down $0.10 during trading on Tuesday, reaching $40.91. 69,852 shares of the company traded hands, compared to its average volume of 80,603. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.64. The company has a market cap of $1.10 billion, a PE ratio of 11.09, a PEG ratio of 1.15 and a beta of 1.16. Enterprise Financial Services has a 52-week low of $36.09 and a 52-week high of $58.15.

Enterprise Financial Services (NASDAQ:EFSC) last announced its quarterly earnings results on Monday, April 22nd. The bank reported $0.91 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.92 by ($0.01). The company had revenue of $61.57 million for the quarter, compared to analysts’ expectations of $61.48 million. Enterprise Financial Services had a net margin of 29.29% and a return on equity of 13.50%. As a group, equities research analysts anticipate that Enterprise Financial Services will post 3.94 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.47%. The ex-dividend date of this dividend is Thursday, June 13th. This is an increase from Enterprise Financial Services’s previous quarterly dividend of $0.14. Enterprise Financial Services’s dividend payout ratio (DPR) is presently 16.62%.

Enterprise Financial Services Company Profile

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 demand deposits, interest-bearing transaction accounts, money market accounts, and savings deposits, as well as certificates of deposit.

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