Wall Street analysts expect that Enterprise Financial Services Corporation (NASDAQ:EFSC) will post earnings of $0.76 per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Enterprise Financial Services’ earnings, with the highest EPS estimate coming in at $0.80 and the lowest estimate coming in at $0.73. Enterprise Financial Services posted earnings per share of $0.67 in the same quarter last year, which would indicate a positive year-over-year growth rate of 13.4%. The business is scheduled to issue its next quarterly earnings report on Monday, January 22nd.

According to Zacks, analysts expect that Enterprise Financial Services will report full-year earnings of $2.52 per share for the current financial year, with EPS estimates ranging from $2.49 to $2.55. For the next financial year, analysts forecast that the company will post earnings of $3.01 per share, with EPS estimates ranging from $2.97 to $3.05. Zacks’ EPS averages are a mean average based on a survey of analysts that that provide coverage for Enterprise Financial Services.

Enterprise Financial Services (NASDAQ:EFSC) last released its quarterly earnings results on Monday, October 23rd. The bank reported $0.69 EPS for the quarter, topping the Zacks’ consensus estimate of $0.68 by $0.01. The business had revenue of $54.00 million during the quarter, compared to analysts’ expectations of $54.11 million. Enterprise Financial Services had a net margin of 24.73% and a return on equity of 11.15%.

A number of research firms recently commented on EFSC. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $46.00 price target on shares of Enterprise Financial Services in a report on Tuesday, October 3rd. Zacks Investment Research raised shares of Enterprise Financial Services from a “sell” rating to a “hold” rating in a research report on Tuesday, September 26th. Piper Jaffray Companies reaffirmed an “overweight” rating and issued a $49.00 target price on shares of Enterprise Financial Services in a research report on Friday, October 6th. Finally, ValuEngine downgraded shares of Enterprise Financial Services from a “buy” rating to a “hold” rating in a research report on Wednesday, November 22nd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. Enterprise Financial Services currently has a consensus rating of “Hold” and a consensus target price of $48.33.

Shares of Enterprise Financial Services (EFSC) traded down $0.80 on Wednesday, hitting $44.50. 91,000 shares of the stock were exchanged, compared to its average volume of 114,061. The company has a market cap of $1,044.84, a price-to-earnings ratio of 18.05, a price-to-earnings-growth ratio of 2.00 and a beta of 0.88. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.05. Enterprise Financial Services has a 1 year low of $36.65 and a 1 year high of $46.25.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 15th will be paid a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a yield of 0.99%. The ex-dividend date of this dividend is Thursday, December 14th. Enterprise Financial Services’s dividend payout ratio is currently 18.18%.

In other news, President Scott Richard Goodman sold 3,700 shares of the stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $45.85, for a total value of $169,645.00. Following the transaction, the president now owns 38,269 shares in the company, valued at approximately $1,754,633.65. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Douglas Bauche sold 960 shares of the stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $44.10, for a total transaction of $42,336.00. Following the completion of the transaction, the insider now owns 679 shares in the company, valued at approximately $29,943.90. The disclosure for this sale can be found here. 5.60% of the stock is currently owned by corporate insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EFSC. Dimensional Fund Advisors LP grew its holdings in Enterprise Financial Services by 6.8% during the 3rd quarter. Dimensional Fund Advisors LP now owns 988,194 shares of the bank’s stock valued at $41,850,000 after buying an additional 63,020 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Enterprise Financial Services by 1.8% in the second quarter. Vanguard Group Inc. now owns 969,746 shares of the bank’s stock valued at $39,565,000 after purchasing an additional 17,470 shares in the last quarter. State Street Corp grew its holdings in shares of Enterprise Financial Services by 73.1% in the second quarter. State Street Corp now owns 645,810 shares of the bank’s stock valued at $26,349,000 after purchasing an additional 272,775 shares in the last quarter. Kennedy Capital Management Inc. grew its holdings in shares of Enterprise Financial Services by 36.5% in the second quarter. Kennedy Capital Management Inc. now owns 426,541 shares of the bank’s stock valued at $17,403,000 after purchasing an additional 114,118 shares in the last quarter. Finally, Northern Trust Corp boosted its stake in Enterprise Financial Services by 14.8% during the second quarter. Northern Trust Corp now owns 419,404 shares of the bank’s stock worth $17,112,000 after buying an additional 54,189 shares during the period. Institutional investors own 74.46% of the company’s stock.

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Enterprise Financial Services 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 (NASDAQ:EFSC)

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