Equities analysts expect that Enterprise Financial Services Corporation (NASDAQ:EFSC) will announce $56.93 million in sales for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for Enterprise Financial Services Corporation’s earnings. The highest sales estimate is $57.35 million and the lowest is $56.50 million. Enterprise Financial Services Corporation reported sales of $44.48 million in the same quarter last year, which indicates a positive year-over-year growth rate of 28%. The company is expected to announce its next quarterly earnings results on Monday, January 22nd.

On average, analysts expect that Enterprise Financial Services Corporation will report full-year sales of $56.93 million for the current financial year, with estimates ranging from $209.70 million to $210.53 million. For the next year, analysts anticipate that the business will post sales of $228.47 million per share, with estimates ranging from $227.20 million to $229.75 million. Zacks’ sales averages are an average based on a survey of analysts that follow Enterprise Financial Services Corporation.

Enterprise Financial Services Corporation (NASDAQ:EFSC) last announced its earnings results on Monday, October 23rd. The bank reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.01. Enterprise Financial Services Corporation had a net margin of 24.73% and a return on equity of 11.47%. The company had revenue of $54.00 million for the quarter, compared to the consensus estimate of $54.11 million.

A number of research firms recently issued reports on EFSC. Zacks Investment Research upgraded shares of Enterprise Financial Services Corporation from a “hold” rating to a “buy” rating and set a $50.00 price objective for the company in a report on Thursday, October 26th. Piper Jaffray Companies restated a “buy” rating and set a $48.00 price objective on shares of Enterprise Financial Services Corporation in a report on Friday, July 28th. BidaskClub downgraded shares of Enterprise Financial Services Corporation from a “sell” rating to a “strong sell” rating in a report on Thursday, July 27th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and set a $46.00 price objective on shares of Enterprise Financial Services Corporation in a report on Tuesday, October 3rd.

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In related news, insider Douglas Bauche sold 1,200 shares of the firm’s stock in a transaction dated Thursday, August 31st. The shares were sold at an average price of $38.11, for a total transaction of $45,732.00. Following the completion of the sale, the insider now owns 1,639 shares in the company, valued at $62,462.29. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Michael Holmes acquired 2,556 shares of the firm’s stock in a transaction that occurred on Tuesday, August 15th. The shares were bought at an average price of $38.74 per share, with a total value of $99,019.44. Following the acquisition, the director now directly owns 2,716 shares of the company’s stock, valued at approximately $105,217.84. The disclosure for this purchase can be found here. Company insiders own 5.60% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the company. Moloney Securities Asset Management LLC purchased a new position in shares of Enterprise Financial Services Corporation in the third quarter worth about $203,000. Legal & General Group Plc increased its stake in shares of Enterprise Financial Services Corporation by 4.5% in the first quarter. Legal & General Group Plc now owns 5,090 shares of the bank’s stock worth $215,000 after purchasing an additional 219 shares in the last quarter. Citigroup Inc. increased its stake in shares of Enterprise Financial Services Corporation by 272.4% in the second quarter. Citigroup Inc. now owns 5,556 shares of the bank’s stock worth $227,000 after purchasing an additional 4,064 shares in the last quarter. Brookstone Capital Management purchased a new position in shares of Enterprise Financial Services Corporation in the second quarter worth about $228,000. Finally, Laurion Capital Management LP purchased a new position in shares of Enterprise Financial Services Corporation in the second quarter worth about $319,000. Hedge funds and other institutional investors own 72.38% of the company’s stock.

Shares of Enterprise Financial Services Corporation (NASDAQ EFSC) traded up 0.46% during mid-day trading on Tuesday, reaching $43.65. 20,370 shares of the company’s stock traded hands. The company’s 50 day moving average is $41.98 and its 200-day moving average is $40.90. The firm has a market cap of $1.02 billion, a price-to-earnings ratio of 18.99 and a beta of 0.86. Enterprise Financial Services Corporation has a 52 week low of $32.25 and a 52 week high of $46.25.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be issued a dividend of $0.11 per share. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $0.44 dividend on an annualized basis and a yield of 1.01%. Enterprise Financial Services Corporation’s dividend payout ratio (DPR) is presently 18.18%.

Enterprise Financial Services Corporation Company Profile

Enterprise Financial Services Corp is a financial holding company for a full service banking subsidiary, Enterprise Bank & Trust (the Bank). The Bank offers banking and wealth management services to individuals and business customers primarily located in the St. Louis, Kansas City and Phoenix metropolitan markets.

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Earnings History and Estimates for Enterprise Financial Services Corporation (NASDAQ:EFSC)

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