Eagle Financial Services Inc. (NASDAQ:EFSI) Receives $42.25 Consensus PT from Brokerages

Eagle Financial Services Inc. (NASDAQ:EFSI) has been given a consensus recommendation of “Hold” by the five analysts that are currently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, two have given a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $42.25.

EFSI has been the subject of a number of analyst reports. Keefe, Bruyette & Woods lifted their target price on shares of Eagle Financial Services from $42.00 to $43.00 and gave the stock an “outperform” rating in a research note on Thursday, January 29th. Zacks Research downgraded shares of Eagle Financial Services from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 12th. Loop Capital set a $43.00 target price on shares of Eagle Financial Services in a research note on Monday, February 9th. Freedom Capital raised shares of Eagle Financial Services from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 15th. Finally, DA Davidson reissued a “neutral” rating and set a $40.00 target price on shares of Eagle Financial Services in a research note on Monday, May 11th.

Insider Activity at Eagle Financial Services

In other news, Director Scott M. Hamberger bought 909 shares of Eagle Financial Services stock in a transaction dated Wednesday, March 11th. The stock was bought at an average cost of $33.00 per share, for a total transaction of $29,997.00. Following the purchase, the director directly owned 2,550 shares in the company, valued at approximately $84,150. This represents a 55.39% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 7.12% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP lifted its holdings in shares of Eagle Financial Services by 53.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 24,095 shares of the company’s stock worth $843,000 after purchasing an additional 8,371 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Eagle Financial Services in the 3rd quarter valued at $84,000. BNP Paribas Financial Markets grew its position in Eagle Financial Services by 82.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,188 shares of the company’s stock valued at $45,000 after purchasing an additional 538 shares during the period. Russell Investments Group Ltd. acquired a new stake in Eagle Financial Services in the 3rd quarter valued at $26,000. Finally, Raymond James Financial Inc. acquired a new stake in Eagle Financial Services in the 2nd quarter valued at $83,000. Institutional investors own 0.31% of the company’s stock.

Eagle Financial Services Price Performance

Shares of NASDAQ EFSI opened at $37.31 on Thursday. Eagle Financial Services has a twelve month low of $28.70 and a twelve month high of $41.12. The firm has a fifty day simple moving average of $36.28 and a 200 day simple moving average of $37.45. The company has a market capitalization of $201.85 million, a PE ratio of 10.60 and a beta of 0.22. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.16.

Eagle Financial Services (NASDAQ:EFSI) last announced its earnings results on Thursday, April 23rd. The company reported $0.69 earnings per share for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.17). Eagle Financial Services had a return on equity of 10.17% and a net margin of 15.81%.The firm had revenue of $20.85 million for the quarter, compared to the consensus estimate of $21.18 million. On average, sell-side analysts forecast that Eagle Financial Services will post 3.12 EPS for the current year.

Eagle Financial Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Monday, May 4th were given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend was Monday, May 4th. Eagle Financial Services’s dividend payout ratio is 35.23%.

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.