Enterprise Financial Services Corp. (NASDAQ:EFSC) – Stock analysts at DA Davidson boosted their Q3 2017 EPS estimates for shares of Enterprise Financial Services Corp. in a report released on Tuesday. DA Davidson analyst J. Rulis now anticipates that the firm will post earnings of $0.60 per share for the quarter, up from their previous estimate of $0.57. DA Davidson currently has a “Neutral” rating and a $34.00 target price on the stock. DA Davidson also issued estimates for Enterprise Financial Services Corp.’s Q4 2017 earnings at $0.64 EPS.

Enterprise Financial Services Corp. (NASDAQ:EFSC) last announced its earnings results on Thursday, July 28th. The company reported $0.49 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.53 by $0.04. Enterprise Financial Services Corp. had a return on equity of 12.11% and a net margin of 26.51%.

Earnings History and Estimates for Enterprise Financial Services Corp. (NASDAQ:EFSC)

Other research analysts have also issued research reports about the stock. Zacks Investment Research upgraded shares of Enterprise Financial Services Corp. from a “hold” rating to a “buy” rating and set a $37.00 price target for the company in a report on Friday. Piper Jaffray Cos. began coverage on shares of Enterprise Financial Services Corp. in a report on Monday, July 11th. They set an “overweight” rating and a $31.25 price target for the company. Finally, Keefe, Bruyette & Woods raised their price target on shares of Enterprise Financial Services Corp. from $30.00 to $31.00 and gave the stock a “market perform” rating in a report on Friday, July 29th. Two investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $33.31.

Shares of Enterprise Financial Services Corp. (NASDAQ:EFSC) traded up 1.64% on Thursday, reaching $32.80. 103,250 shares of the company traded hands. The firm has a 50-day moving average price of $31.38 and a 200 day moving average price of $28.66. The company has a market capitalization of $656.59 million, a PE ratio of 15.27 and a beta of 0.78. Enterprise Financial Services Corp. has a one year low of $25.01 and a one year high of $33.37.

Several hedge funds have recently added to or reduced their stakes in EFSC. Virginia Retirement System acquired a new stake in Enterprise Financial Services Corp. during the first quarter valued at about $514,000. C M Bidwell & Associates Ltd. increased its stake in Enterprise Financial Services Corp. by 4,068.9% in the first quarter. C M Bidwell & Associates Ltd. now owns 9,380 shares of the company’s stock valued at $254,000 after buying an additional 9,155 shares during the last quarter. Kings Point Capital Management acquired a new stake in Enterprise Financial Services Corp. during the first quarter valued at about $260,000. Miles Capital Inc. acquired a new stake in Enterprise Financial Services Corp. during the first quarter valued at about $236,000. Finally, Barclays PLC acquired a new stake in Enterprise Financial Services Corp. during the first quarter valued at about $283,000. Institutional investors own 68.30% of the company’s stock.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 30th. Stockholders of record on Thursday, September 15th were paid a $0.11 dividend. The ex-dividend date was Tuesday, September 13th. This represents a $0.44 annualized dividend and a dividend yield of 1.34%. This is a positive change from Enterprise Financial Services Corp.’s previous quarterly dividend of $0.10. Enterprise Financial Services Corp.’s payout ratio is currently 20.47%.

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.

5 Day Chart for NASDAQ:EFSC

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