Eagle Financial Services Inc. (NASDAQ:EFSI) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Eagle Financial Services Inc. (NASDAQ:EFSI) have earned a consensus recommendation of “Moderate Buy” from the five ratings firms that are currently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, one has given a hold recommendation, two have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $42.25.

A number of analysts recently commented on EFSI shares. DA Davidson reissued a “neutral” rating and set a $40.00 price objective on shares of Eagle Financial Services in a report on Monday, July 27th. Weiss Ratings upgraded shares of Eagle Financial Services from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, June 26th. Wall Street Zen lowered Eagle Financial Services from a “hold” rating to a “sell” rating in a research note on Saturday, August 15th. Zacks Research cut Eagle Financial Services from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 11th. Finally, Freedom Capital raised Eagle Financial Services from a “hold” rating to a “strong-buy” rating in a report on Friday, May 15th.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Susquehanna International Group LLP acquired a new position in shares of Eagle Financial Services during the 2nd quarter worth approximately $1,199,000. United Capital Financial Advisors LLC acquired a new stake in Eagle Financial Services during the 2nd quarter valued at $671,000. Bank of America Corp DE acquired a new stake in Eagle Financial Services during the 2nd quarter valued at $392,000. Expressive Wealth LLC purchased a new position in Eagle Financial Services during the second quarter worth $434,000. Finally, BlackRock Inc. purchased a new position in Eagle Financial Services during the second quarter worth $14,315,000. 0.31% of the stock is owned by hedge funds and other institutional investors.

Eagle Financial Services Stock Down 0.4%

EFSI opened at $42.31 on Friday. The business has a 50 day simple moving average of $41.66 and a 200-day simple moving average of $38.87. The stock has a market capitalization of $228.90 million, a P/E ratio of 12.23 and a beta of 0.23. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 1.01. Eagle Financial Services has a 12 month low of $31.44 and a 12 month high of $45.44.

Eagle Financial Services (NASDAQ:EFSI) last issued its earnings results on Thursday, July 23rd. The company reported $0.41 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.37). Eagle Financial Services had a return on equity of 8.38% and a net margin of 15.16%.The company had revenue of $25.56 million for the quarter, compared to analysts’ expectations of $21.29 million. On average, equities analysts anticipate that Eagle Financial Services will post 2.71 earnings per share for the current fiscal year.

Eagle Financial Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Monday, August 3rd were given a $0.31 dividend. The ex-dividend date was Monday, August 3rd. This represents a $1.24 annualized dividend and a dividend yield of 2.9%. Eagle Financial Services’s payout ratio is currently 35.84%.

Eagle Financial Services Company Profile

Eagle Financial Services, Inc (NASDAQ: EFSI) is the bank holding company for Eagle National Bank, a community-oriented financial institution headquartered in Fredericksburg, Virginia. The company offers a broad range of retail and commercial banking solutions, focusing on personalized service for individuals, small businesses, and nonprofit organizations. Through its subsidiary, Eagle National Bank, it maintains a commitment to local decision-making and relationship-driven service.

Eagle Financial Services provides deposit products including checking and savings accounts, money market funds, certificates of deposit, and individual retirement accounts.