Enterprise Financial Services Corp. (NASDAQ:EFSC) – DA Davidson raised their FY2017 earnings per share (EPS) estimates for Enterprise Financial Services Corp. in a note issued to investors on Tuesday. DA Davidson analyst J. Rulis now forecasts that the firm will post earnings per share of $2.37 for the year, up from their prior forecast of $2.35. DA Davidson has a “Neutral” rating and a $34.00 price objective on the stock. DA Davidson also issued estimates for Enterprise Financial Services Corp.’s FY2018 earnings at $2.65 EPS.

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

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

EFSC has been the topic of several other reports. Zacks Investment Research raised Enterprise Financial Services Corp. from a “hold” rating to a “buy” rating and set a $37.00 target price on the stock in a report on Friday. Piper Jaffray Cos. initiated coverage on Enterprise Financial Services Corp. in a research note on Monday, July 11th. They issued an “overweight” rating and a $31.25 price objective on the stock. Finally, Keefe, Bruyette & Woods raised their price objective on Enterprise Financial Services Corp. from $30.00 to $31.00 and gave the company a “market perform” rating in a research note on Friday, July 29th. Two analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $33.31.

Shares of Enterprise Financial Services Corp. (NASDAQ:EFSC) opened at 32.80 on Friday. Enterprise Financial Services Corp. has a 52 week low of $25.01 and a 52 week high of $33.37. The company has a market capitalization of $656.59 million, a PE ratio of 15.27 and a beta of 0.78. The stock has a 50 day moving average price of $31.38 and a 200-day moving average price of $28.66.

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

Several hedge funds have recently made changes to their positions in EFSC. American Century Companies Inc. raised its stake in shares of Enterprise Financial Services Corp. by 0.9% in the second quarter. American Century Companies Inc. now owns 31,914 shares of the company’s stock worth $890,000 after buying an additional 282 shares during the last quarter. Parametric Portfolio Associates LLC raised its stake in shares of Enterprise Financial Services Corp. by 1.0% in the second quarter. Parametric Portfolio Associates LLC now owns 44,062 shares of the company’s stock worth $1,229,000 after buying an additional 448 shares during the last quarter. ClariVest Asset Management LLC raised its stake in shares of Enterprise Financial Services Corp. by 0.8% in the second quarter. ClariVest Asset Management LLC now owns 86,333 shares of the company’s stock worth $2,408,000 after buying an additional 700 shares during the last quarter. Teachers Advisors Inc. raised its stake 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 last quarter. Finally, Schwab Charles Investment Management Inc. raised its stake in shares of Enterprise Financial Services Corp. by 2.0% in the second quarter. Schwab Charles Investment Management Inc. now owns 80,293 shares of the company’s stock worth $2,240,000 after buying an additional 1,578 shares during the last quarter. 68.30% of the stock is currently owned by hedge funds and other institutional investors.

Enterprise Financial Services Corp. Company Profile

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

Receive News & Stock Ratings for Enterprise Financial Services Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enterprise Financial Services Corp. and related stocks with our FREE daily email newsletter.