Equities Analysts Set Expectations for EFSC FY2025 Earnings

Enterprise Financial Services Corp (NASDAQ:EFSC) – Investment analysts at DA Davidson lifted their FY2025 earnings per share estimates for Enterprise Financial Services in a report released on Thursday, December 19th. DA Davidson analyst J. Rulis now anticipates that the bank will earn $4.60 per share for the year, up from their prior estimate of $4.50. The consensus estimate for Enterprise Financial Services’ current full-year earnings is $4.77 per share.

Several other equities analysts have also recently issued reports on the company. Keefe, Bruyette & Woods raised their price objective on Enterprise Financial Services from $59.00 to $68.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 4th. Piper Sandler raised their price target on shares of Enterprise Financial Services from $58.00 to $62.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 23rd.

Enterprise Financial Services Trading Up 1.4 %

Shares of NASDAQ EFSC opened at $56.59 on Friday. The stock has a market capitalization of $2.10 billion, a P/E ratio of 11.99 and a beta of 0.99. The stock’s 50 day moving average price is $57.14 and its two-hundred day moving average price is $50.48. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.27. Enterprise Financial Services has a 52-week low of $37.28 and a 52-week high of $63.13.

Enterprise Financial Services (NASDAQ:EFSC) last issued its quarterly earnings results on Monday, October 21st. The bank reported $1.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.14 by $0.15. The business had revenue of $164.89 million during the quarter, compared to analyst estimates of $157.56 million. Enterprise Financial Services had a net margin of 19.73% and a return on equity of 10.81%.

Enterprise Financial Services Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be given a dividend of $0.28 per share. The ex-dividend date of this dividend is Monday, December 16th. This represents a $1.12 annualized dividend and a dividend yield of 1.98%. This is a positive change from Enterprise Financial Services’s previous quarterly dividend of $0.27. Enterprise Financial Services’s dividend payout ratio is currently 23.73%.

Insider Activity at Enterprise Financial Services

In related news, Director Richard Sanborn sold 100,000 shares of the stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $59.56, for a total value of $5,956,000.00. Following the completion of the transaction, the director now directly owns 40,950 shares of the company’s stock, valued at $2,438,982. This represents a 70.95 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 2.30% of the stock is currently owned by insiders.

Institutional Trading of Enterprise Financial Services

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Wellington Management Group LLP lifted its stake in Enterprise Financial Services by 16.6% during the third quarter. Wellington Management Group LLP now owns 3,545,092 shares of the bank’s stock valued at $181,721,000 after purchasing an additional 505,552 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Enterprise Financial Services by 3.6% during the second quarter. Dimensional Fund Advisors LP now owns 2,084,093 shares of the bank’s stock worth $85,257,000 after purchasing an additional 71,502 shares during the period. Earnest Partners LLC lifted its holdings in shares of Enterprise Financial Services by 3.2% during the second quarter. Earnest Partners LLC now owns 1,955,988 shares of the bank’s stock valued at $80,019,000 after purchasing an additional 59,809 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Enterprise Financial Services by 0.9% in the 3rd quarter. Geode Capital Management LLC now owns 892,030 shares of the bank’s stock valued at $45,734,000 after purchasing an additional 8,180 shares during the period. Finally, American Century Companies Inc. increased its stake in Enterprise Financial Services by 19.1% in the 2nd quarter. American Century Companies Inc. now owns 655,490 shares of the bank’s stock worth $26,816,000 after purchasing an additional 104,960 shares in the last quarter. Institutional investors own 72.21% of the company’s stock.

About Enterprise Financial Services

Enterprise Financial Services Corp operates as the holding company for Enterprise Bank & Trust that offers banking and wealth management services to individuals and corporate customers primarily in Arizona, California, Florida, Kansas, Missouri, Nevada, and New Mexico. It provides checking, savings, money market accounts, and certificates of deposit.