Enterprise Financial Services Corporation (NASDAQ:EFSC) released its earnings results on Monday, July 24th. The bank reported $0.56 EPS for the quarter, missing analysts’ consensus estimates of $0.62 by $0.06, Bloomberg Earnings reports. Enterprise Financial Services Corporation had a return on equity of 11.18% and a net margin of 24.54%. The business had revenue of $53.57 million for the quarter, compared to analyst estimates of $51.91 million.

Enterprise Financial Services Corporation (EFSC) traded up 0.26% during midday trading on Friday, reaching $38.15. 180,432 shares of the company traded hands. Enterprise Financial Services Corporation has a 12-month low of $29.65 and a 12-month high of $46.25. The stock has a market capitalization of $895.08 million, a P/E ratio of 16.60 and a beta of 0.85. The company has a 50 day moving average of $39.91 and a 200-day moving average of $41.66.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be issued a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of 1.15%. The ex-dividend date is Thursday, September 14th. Enterprise Financial Services Corporation’s dividend payout ratio (DPR) is 18.97%.

EFSC has been the subject of a number of analyst reports. Piper Jaffray Companies reaffirmed a “buy” rating and set a $48.00 target price on shares of Enterprise Financial Services Corporation in a report on Friday, July 28th. Zacks Investment Research raised shares of Enterprise Financial Services Corporation from a “hold” rating to a “buy” rating and set a $45.00 target price for the company in a report on Thursday, June 8th. BidaskClub raised shares of Enterprise Financial Services Corporation from a “sell” rating to a “hold” rating in a report on Saturday, June 10th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $45.00 price target on shares of Enterprise Financial Services Corporation in a report on Friday, June 2nd. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $43.00.

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In related news, Director Michael Holmes bought 2,556 shares of the stock in a transaction on Tuesday, August 15th. The shares were acquired at an average price of $38.74 per share, for a total transaction of $99,019.44. Following the purchase, the director now owns 2,716 shares of the company’s stock, valued at $105,217.84. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 5.60% of the company’s stock.

Institutional investors have recently bought and sold shares of the stock. Sterling Capital Management LLC boosted its position in Enterprise Financial Services Corporation by 8.1% in the second quarter. Sterling Capital Management LLC now owns 32,113 shares of the bank’s stock valued at $1,310,000 after buying an additional 2,412 shares in the last quarter. The Manufacturers Life Insurance Company boosted its position in Enterprise Financial Services Corporation by 12.8% in the second quarter. The Manufacturers Life Insurance Company now owns 16,501 shares of the bank’s stock valued at $674,000 after buying an additional 1,878 shares in the last quarter. State Street Corp boosted its position in Enterprise Financial Services Corporation by 73.1% in the second quarter. State Street Corp now owns 645,810 shares of the bank’s stock valued at $26,349,000 after buying an additional 272,775 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in Enterprise Financial Services Corporation by 64.7% in the second quarter. Goldman Sachs Group Inc. now owns 92,684 shares of the bank’s stock valued at $3,781,000 after buying an additional 36,408 shares in the last quarter. Finally, Stifel Financial Corp boosted its position in Enterprise Financial Services Corporation by 6.9% in the second quarter. Stifel Financial Corp now owns 8,562 shares of the bank’s stock valued at $350,000 after buying an additional 549 shares in the last quarter. Institutional investors and hedge funds own 69.15% of the company’s stock.

Enterprise Financial Services Corporation Company Profile

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.

Earnings History for Enterprise Financial Services Corporation (NASDAQ:EFSC)

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