Entegra Financial Corp. (ENFC) Set to Announce Quarterly Earnings on Wednesday
Entegra Financial Corp. (NASDAQ:ENFC) will be announcing its earnings results after the market closes on Wednesday, October 18th. Analysts expect the company to announce earnings of $0.38 per share for the quarter.
Entegra Financial Corp. (NASDAQ:ENFC) opened at 26.40 on Wednesday. The stock has a market capitalization of $170.49 million, a P/E ratio of 22.76 and a beta of 0.32. The company has a 50 day moving average of $24.18 and a 200-day moving average of $23.60. Entegra Financial Corp. has a one year low of $17.95 and a one year high of $26.50.
A number of large investors have recently made changes to their positions in the business. The Manufacturers Life Insurance Company boosted its position in Entegra Financial Corp. by 11,400.0% in the second quarter. The Manufacturers Life Insurance Company now owns 6,325 shares of the bank’s stock worth $144,000 after purchasing an additional 6,270 shares during the last quarter. California State Teachers Retirement System purchased a new position in Entegra Financial Corp. in the second quarter worth about $265,000. Finally, State Street Corp purchased a new position in Entegra Financial Corp. in the second quarter worth about $1,396,000. 49.94% of the stock is currently owned by institutional investors and hedge funds.
Separately, Compass Point cut Entegra Financial Corp. from a “buy” rating to a “neutral” rating in a research report on Tuesday, June 27th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $27.25.
Entegra Financial Corp. Company Profile
Entegra Financial Corp. is the holding company for Entegra Bank. The Company provides a range of financial services through full-service offices located in Cherokee, Henderson, Jackson, Macon, Polk and Transylvania counties, North Carolina and Anderson, Greenville, and Spartanburg counties, South Carolina.
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