Equities analysts expect that Enterprise Financial Services Corporation (NASDAQ:EFSC) will post $56.93 million in sales for the current quarter, according to Zacks. Two analysts have made estimates for Enterprise Financial Services’ earnings, with the lowest sales estimate coming in at $56.50 million and the highest estimate coming in at $57.35 million. Enterprise Financial Services posted sales of $44.48 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 28%. The company is scheduled to announce its next quarterly earnings report on Monday, January 22nd.

According to Zacks, analysts expect that Enterprise Financial Services will report full-year sales of $56.93 million for the current year, with estimates ranging from $209.70 million to $210.53 million. For the next year, analysts anticipate that the firm will post sales of $228.47 million per share, with estimates ranging from $227.20 million to $229.75 million. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research analysts that cover Enterprise Financial Services.

Enterprise Financial Services (NASDAQ:EFSC) last released its quarterly earnings results on Monday, October 23rd. The bank reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.01. The business had revenue of $54.00 million for 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%.

Several research firms have recently issued reports on EFSC. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $46.00 price target on shares of Enterprise Financial Services in a research report on Tuesday, October 3rd. Zacks Investment Research raised 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 price target on shares of Enterprise Financial Services in a research report on Friday, October 6th. Finally, ValuEngine lowered Enterprise Financial Services from a “buy” rating to a “hold” rating in a research report on Wednesday, November 22nd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $48.33.

In related news, insider Douglas Bauche sold 960 shares of the firm’s stock in a transaction dated Tuesday, November 28th. The stock was sold at an average price of $44.10, for a total transaction of $42,336.00. Following the sale, the insider now directly owns 679 shares of the company’s stock, valued at $29,943.90. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, President Scott Richard Goodman sold 3,700 shares of the firm’s stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $45.85, for a total value of $169,645.00. Following the sale, the president now directly owns 38,269 shares in the company, valued at $1,754,633.65. The disclosure for this sale can be found here. Insiders own 5.60% of the company’s stock.

Institutional investors and hedge funds have recently modified their holdings of the business. Dimensional Fund Advisors LP grew its holdings in Enterprise Financial Services by 3.9% in the second quarter. Dimensional Fund Advisors LP now owns 925,174 shares of the bank’s stock valued at $37,747,000 after purchasing an additional 34,830 shares during the period. ClariVest Asset Management LLC lifted its position in Enterprise Financial Services by 21.4% during the second quarter. ClariVest Asset Management LLC now owns 240,793 shares of the bank’s stock worth $9,824,000 after buying an additional 42,400 shares in the last quarter. Russell Investments Group Ltd. lifted its position in Enterprise Financial Services by 8.7% during the second quarter. Russell Investments Group Ltd. now owns 54,211 shares of the bank’s stock worth $2,212,000 after buying an additional 4,321 shares in the last quarter. Kennedy Capital Management Inc. lifted its position in Enterprise Financial Services by 36.5% during the second quarter. Kennedy Capital Management Inc. now owns 426,541 shares of the bank’s stock worth $17,403,000 after buying an additional 114,118 shares in the last quarter. Finally, Vanguard Group Inc. lifted its position in Enterprise Financial Services by 1.8% during the second quarter. Vanguard Group Inc. now owns 969,746 shares of the bank’s stock worth $39,565,000 after buying an additional 17,470 shares in the last quarter. 74.46% of the stock is currently owned by institutional investors.

Enterprise Financial Services (NASDAQ:EFSC) traded up $0.60 during trading hours on Friday, reaching $44.90. 95,500 shares of the company traded hands, compared to its average volume of 113,895. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.05. The company has a market capitalization of $1,021.77, a PE ratio of 17.65, a P/E/G ratio of 1.96 and a beta of 0.88. Enterprise Financial Services has a twelve month low of $36.65 and a twelve month high of $46.25.

The company also recently declared 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. The ex-dividend date is Thursday, December 14th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.98%. Enterprise Financial Services’s dividend payout ratio is currently 18.18%.

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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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