The $0.63 EPS Expected for Enterprise Financial Services Corp (EFSC) This Quarter

The $0.63 EPS Expected for Enterprise Financial Services Corp (EFSC) This Quarter

According to Zacks, analysts expect that Enterprise Financial Services Corp will report full-year earnings of $2.62 per share for the current year, with EPS estimates ranging from $2.57 to $2.67. For the next fiscal year, analysts anticipate that the company will report earnings of $2.97 per share, with EPS estimates ranging from $2.93 to $3.00. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that cover Enterprise Financial Services Corp.

Brokerages expect Enterprise Financial Services Corp (NASDAQ:EFSC) to post earnings per share of $0.63 for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Enterprise Financial Services Corp’s earnings, with the highest EPS estimate coming in at $0.65 and the lowest estimate coming in at $0.60. Enterprise Financial Services Corp reported earnings of $0.61 per share during the same quarter last year, which suggests a positive year over year growth rate of 3.3%. The firm is expected to announce its next earnings results on Thursday, July 27th.

Enterprise Financial Services Corp (NASDAQ:EFSC) last issued its quarterly earnings results on Monday, April 24th. The bank reported $0.59 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.57 by $0.02. The firm had revenue of $45.62 million for the quarter, compared to analysts’ expectations of $45.72 million. Enterprise Financial Services Corp had a return on equity of 13.17% and a net margin of 27.39%. Separately, Zacks Investment Research raised Enterprise Financial Services Corp from a “hold” rating to a “strong-buy” rating and set a $49.00 price target on the stock in a report on Monday, January 30th.

Shares of Enterprise Financial Services Corp (NASDAQ:EFSC) traded down 0.94% during trading on Thursday, reaching $42.25. The company had a trading volume of 16,896 shares. Enterprise Financial Services Corp has a 52-week low of $25.76 and a 52-week high of $46.25. The stock has a market capitalization of $992.07 million, a price-to-earnings ratio of 17.42 and a beta of 0.84. The stock has a 50 day moving average of $42.12 and a 200 day moving average of $40.93. The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 30th. Investors of record on Thursday, June 15th will be paid a dividend of $0.11 per share. The ex-dividend date is Tuesday, June 13th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.03%. Enterprise Financial Services Corp’s dividend payout ratio is presently 18.26%.

In related news, SVP Mark G. Ponder sold 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 15th. The shares were sold at an average price of $45.13, for a total transaction of $45,130.00. Following the transaction, the senior vice president now owns 2,989 shares in the company, valued at $134,893.57. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Douglas Bauche sold 1,200 shares of the firm’s stock in a transaction that occurred on Friday, May 5th. The shares were sold at an average price of $42.50, for a total transaction of $51,000.00. Following the transaction, the insider now owns 2,839 shares in the company, valued at approximately $120,657.50. The disclosure for this sale can be found here. Insiders have sold 98,710 shares of company stock worth $4,242,462 in the last quarter. Company insiders own 6.20% of the company’s stock. Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in Enterprise Financial Services Corp by 10.3% in the first quarter. Vanguard Group Inc. now owns 952,276 shares of the bank’s stock worth $40,376,000 after buying an additional 89,165 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Enterprise Financial Services Corp by 5.9% in the first quarter. Dimensional Fund Advisors LP now owns 890,344 shares of the bank’s stock worth $37,751,000 after buying an additional 49,557 shares in the last quarter. State Street Corp raised its position in Enterprise Financial Services Corp by 5.1% in the first quarter. State Street Corp now owns 373,035 shares of the bank’s stock worth $15,817,000 after buying an additional 18,021 shares in the last quarter. Prudential Financial Inc. raised its position in Enterprise Financial Services Corp by 42.7% in the first quarter. Prudential Financial Inc. now owns 321,885 shares of the bank’s stock worth $13,648,000 after buying an additional 96,310 shares in the last quarter. Finally, Kennedy Capital Management Inc. raised its position in Enterprise Financial Services Corp by 5.5% in the first quarter. Kennedy Capital Management Inc. now owns 312,423 shares of the bank’s stock worth $13,247,000 after buying an additional 16,220 shares in the last quarter. Institutional investors and hedge funds own 70.88% of the company’s stock.

In related news, SVP Mark G. Ponder sold 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 15th. The shares were sold at an average price of $45.13, for a total transaction of $45,130.00. Following the transaction, the senior vice president now owns 2,989 shares in the company, valued at $134,893.57. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Douglas Bauche sold 1,200 shares of the firm’s stock in a transaction that occurred on Friday, May 5th. The shares were sold at an average price of $42.50, for a total transaction of $51,000.00. Following the transaction, the insider now owns 2,839 shares in the company, valued at approximately $120,657.50. The disclosure for this sale can be found here. Insiders have sold 98,710 shares of company stock worth $4,242,462 in the last quarter. Company insiders own 6.20% of the company’s stock. About Enterprise Financial Services Corp

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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