What is DA Davidson’s Estimate for EFSC Q1 Earnings?

Enterprise Financial Services Corp (NASDAQ:EFSC) – Analysts at DA Davidson issued their Q1 2025 earnings per share estimates for Enterprise Financial Services in a report issued on Wednesday, January 29th. DA Davidson analyst J. Rulis forecasts that the bank will post earnings of $1.24 per share for the quarter. DA Davidson has a “Buy” rating and a $70.00 price target on the stock. The consensus estimate for Enterprise Financial Services’ current full-year earnings is $4.69 per share.

Enterprise Financial Services (NASDAQ:EFSC) last announced its earnings results on Monday, January 27th. The bank reported $1.32 earnings per share for the quarter, beating the consensus estimate of $1.18 by $0.14. Enterprise Financial Services had a net margin of 20.12% and a return on equity of 10.94%.

A number of other research analysts have also recently weighed in on EFSC. Piper Sandler lifted their price target on shares of Enterprise Financial Services from $58.00 to $62.00 and gave the company an “overweight” rating in a research report on Wednesday, October 23rd. Keefe, Bruyette & Woods reaffirmed an “outperform” rating and set a $70.00 price target (up from $68.00) on shares of Enterprise Financial Services in a research report on Wednesday.

Enterprise Financial Services Price Performance

EFSC stock opened at $59.84 on Thursday. The stock has a 50-day moving average price of $57.88 and a two-hundred day moving average price of $54.15. The company has a market cap of $2.22 billion, a PE ratio of 12.36 and a beta of 1.00. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.27. Enterprise Financial Services has a 12-month low of $37.28 and a 12-month high of $63.13.

Institutional Investors Weigh In On Enterprise Financial Services

A number of hedge funds have recently made changes to their positions in the business. Wellington Management Group LLP grew its position in Enterprise Financial Services by 16.6% in the third quarter. Wellington Management Group LLP now owns 3,545,092 shares of the bank’s stock worth $181,721,000 after buying an additional 505,552 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. Jennison Associates LLC increased its stake in Enterprise Financial Services by 28.3% in the 4th quarter. Jennison Associates LLC now owns 566,780 shares of the bank’s stock worth $31,966,000 after purchasing an additional 125,150 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Enterprise Financial Services by 5.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 557,875 shares of the bank’s stock worth $28,597,000 after buying an additional 29,747 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in Enterprise Financial Services by 0.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 421,874 shares of the bank’s stock valued at $21,625,000 after buying an additional 3,586 shares in the last quarter. Institutional investors own 72.21% of the company’s stock.

Insider Buying and Selling

In other Enterprise Financial Services news, Director Richard Sanborn sold 100,000 shares of the stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $59.56, for a total transaction of $5,956,000.00. Following the sale, the director now directly owns 40,950 shares of the company’s stock, valued at approximately $2,438,982. This represents a 70.95 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 2.30% of the company’s stock.

Enterprise Financial Services Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.94%. This is a positive change from Enterprise Financial Services’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend is Friday, March 14th. Enterprise Financial Services’s dividend payout ratio is presently 23.14%.

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.