DA Davidson Has Bullish Estimate for EFSC FY2026 Earnings
DA Davidson has raised its FY2026 EPS estimate for Enterprise Financial Services Corporation (NASDAQ:EFSC) from $5.30 to $5.45, maintaining a "Buy" rating with a price target of $69.00. The bank recently reported a quarterly EPS of $1.20, missing estimates. Other analysts have adjusted their price targets, with Piper Sandler lowering it to $62.00 and Keefe, Bruyette & Woods to $66.00. The company also announced a dividend increase to $0.32 per share, with a yield of 2.4%.
Enterprise Financial Services Corporation (NASDAQ:EFSC - Free Report) - Equities research analysts at DA Davidson increased their FY2026 EPS estimates for shares of Enterprise Financial Services in a research note issued on Wednesday, October 29th. DA Davidson analyst J. Rulis now forecasts that the bank will post earnings per share of $5.45 for the year, up from their prior forecast of $5.30. DA Davidson currently has a "Buy" rating and a $69.00 price target on the stock. The consensus estimate for Enterprise Financial Services' current full-year earnings is $4.97 per share.
Enterprise Financial Services (NASDAQ:EFSC - Get Free Report) last announced its quarterly earnings results on Monday, October 27th. The bank reported $1.20 EPS for the quarter, missing the consensus estimate of $1.30 by ($0.10). The firm had revenue of ($325.26) million during the quarter, compared to analyst estimates of $176.52 million. Enterprise Financial Services had a net margin of 19.98% and a return on equity of 10.98%.
A number of other equities research analysts also recently weighed in on EFSC. Piper Sandler cut their price target on shares of Enterprise Financial Services from $64.00 to $62.00 and set a "neutral" rating for the company in a report on Wednesday. Keefe, Bruyette & Woods cut their price objective on Enterprise Financial Services from $68.00 to $66.00 and set an "outperform" rating on the stock in a report on Wednesday. Wall Street Zen upgraded shares of Enterprise Financial Services from a "sell" rating to a "hold" rating in a report on Saturday, July 26th. Finally, Weiss Ratings restated a "buy (b)" rating on shares of Enterprise Financial Services in a report on Wednesday, October 8th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $65.67.
Check Out Our Latest Analysis on EFSC
Enterprise Financial Services Stock Up 0.2%
Shares of Enterprise Financial Services stock opened at $52.49 on Friday. Enterprise Financial Services has a 1-year low of $45.22 and a 1-year high of $63.13. The company has a market capitalization of $1.94 billion, a P/E ratio of 10.21 and a beta of 0.88. The business's fifty day moving average price is $58.19 and its two-hundred day moving average price is $55.61. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.88 and a quick ratio of 0.88.
Enterprise Financial Services Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 15th will be given a dividend of $0.32 per share. The ex-dividend date of this dividend is Monday, December 15th. This is a boost from Enterprise Financial Services's previous quarterly dividend of $0.31. This represents a $1.28 dividend on an annualized basis and a yield of 2.4%. Enterprise Financial Services's payout ratio is presently 24.12%.
Insiders Place Their Bets
In related news, Director Michael E. Finn bought 1,500 shares of the business's stock in a transaction on Monday, August 4th. The stock was bought at an average price of $54.11 per share, for a total transaction of $81,165.00. Following the transaction, the director directly owned 3,000 shares in the company, valued at $162,330. This represents a 100.00% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 2.30% of the company's stock.
Institutional Trading of Enterprise Financial Services
A number of institutional investors have recently bought and sold shares of the company. First Horizon Corp purchased a new position in Enterprise Financial Services in the third quarter valued at about $26,000. Summit Securities Group LLC acquired a new stake in shares of Enterprise Financial Services in the first quarter worth $32,000. EverSource Wealth Advisors LLC grew its position in shares of Enterprise Financial Services by 929.0% in the second quarter. EverSource Wealth Advisors LLC now owns 638 shares of the bank's stock valued at $35,000 after purchasing an additional 576 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in Enterprise Financial Services by 302.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 793 shares of the bank's stock valued at $43,000 after buying an additional 596 shares during the last quarter. Finally, CWM LLC raised its stake in Enterprise Financial Services by 83.6% during the 1st quarter. CWM LLC now owns 1,252 shares of the bank's stock valued at $67,000 after purchasing an additional 570 shares during the last quarter. Institutional investors and hedge funds own 72.21% of the company's stock.
Enterprise Financial Services Company Profile
(Get Free Report)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.
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