The Enterprise Financial Services Corp. (EFSC) Set to Announce Earnings on Tuesday

The Enterprise Financial Services Corp. (EFSC) Set to Announce Earnings on Tuesday

Enterprise Financial Services Corp. (NASDAQ:EFSC) will announce its Q416 earnings results on Tuesday, January 24th. Analysts expect the company to announce earnings of $0.61 per share and revenue of $41.43 million for the quarter.

Enterprise Financial Services Corp. (NASDAQ:EFSC) last released its quarterly earnings results on Monday, October 24th. The company reported $0.59 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.03. Enterprise Financial Services Corp. had a net margin of 26.76% and a return on equity of 12.38%. On average, analysts expect Enterprise Financial Services Corp. to post $2.35 EPS for the current fiscal year and $2.48 EPS for the next fiscal year.

Shares of Enterprise Financial Services Corp. (NASDAQ:EFSC) opened at 38.40 on Friday. The firm has a market cap of $768.42 million, a P/E ratio of 17.00 and a beta of 0.72. Enterprise Financial Services Corp. has a 52-week low of $25.01 and a 52-week high of $43.65. The stock’s 50 day moving average is $40.96 and its 200-day moving average is $33.80.

The company also recently declared a quarterly dividend, which was paid on Friday, December 30th. Investors of record on Thursday, December 15th were paid a $0.11 dividend. The ex-dividend date was Tuesday, December 13th. This represents a $0.44 annualized dividend and a dividend yield of 1.15%. Enterprise Financial Services Corp.’s payout ratio is 19.47%.

Several equities research analysts recently commented on EFSC shares. Zacks Investment Research cut Enterprise Financial Services Corp. from a “buy” rating to a “hold” rating in a research note on Monday, October 3rd. DA Davidson boosted their price target on Enterprise Financial Services Corp. from $33.00 to $34.00 and gave the company a “neutral” rating in a research note on Wednesday, October 12th.

In related news, CEO Peter Benoist sold 9,803 shares of the business’s stock in a transaction that occurred on Wednesday, January 18th. The stock was sold at an average price of $38.77, for a total value of $380,062.31. Following the completion of the sale, the chief executive officer now directly owns 107,459 shares in the company, valued at approximately $4,166,185.43. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director James Murphy sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 17th. The stock was sold at an average price of $38.50, for a total value of $385,000.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 40,303 shares of company stock valued at $1,570,783. Corporate insiders own 6.20% of the company’s stock.

A number of large investors have recently bought and sold shares of EFSC. Citadel Advisors LLC bought a new stake in Enterprise Financial Services Corp. during the second quarter valued at $211,000. Allianz Asset Management AG raised its position in shares of Enterprise Financial Services Corp. by 12.5% in the second quarter. Allianz Asset Management AG now owns 31,281 shares of the company’s stock worth $872,000 after buying an additional 3,484 shares during the period. State Street Corp raised its position in shares of Enterprise Financial Services Corp. by 1.1% in the second quarter. State Street Corp now owns 332,262 shares of the company’s stock worth $9,267,000 after buying an additional 3,482 shares during the period. Ativo Capital Management LLC raised its position in shares of Enterprise Financial Services Corp. by 54.8% in the second quarter. Ativo Capital Management LLC now owns 30,509 shares of the company’s stock worth $851,000 after buying an additional 10,800 shares during the period. Finally, Teachers Advisors Inc. raised its position in shares of Enterprise Financial Services Corp. by 3.7% in the second quarter. Teachers Advisors Inc. now owns 32,860 shares of the company’s stock worth $916,000 after buying an additional 1,159 shares during the period. Hedge funds and other institutional investors own 70.06% of the company’s stock.

About Enterprise Financial Services Corp.

Enterprise Financial Services Corp is a financial holding company. The Company is the 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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