Eagle Financial Services Inc. (NASDAQ:EFSI) Shares Will Pay Quarterly Dividend of $0.31

Eagle Financial Services Inc. (NASDAQ:EFSI) declared a quarterly dividend on Thursday, October 22nd. Investors of record on Monday, November 2nd will be given a dividend of $0.31 per share on Friday, November 13th. This represents a $1.24 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Monday, November 2nd.

Eagle Financial Services Stock Up 1.3%

Eagle Financial Services stock opened at $46.51 on Friday. The firm has a 50 day simple moving average of $44.52 and a 200 day simple moving average of $41.65. The company has a current ratio of 1.02, a quick ratio of 1.01 and a debt-to-equity ratio of 0.15. Eagle Financial Services has a 1-year low of $31.44 and a 1-year high of $48.17. The firm has a market capitalization of $251.62 million, a price-to-earnings ratio of 15.56 and a beta of 0.21.

Eagle Financial Services (NASDAQ:EFSI) last posted its earnings results on Thursday, October 22nd. The company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.05. Eagle Financial Services had a return on equity of 8.38% and a net margin of 15.16%. The firm had revenue of $22.93 million for the quarter, compared to the consensus estimate of $22.09 million. On average, analysts predict that Eagle Financial Services will post 2.71 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Susquehanna International Group LLP purchased a new stake in shares of Eagle Financial Services in the second quarter worth $1,199,000. BlackRock Inc. bought a new stake in Eagle Financial Services during the second quarter valued at $14,315,000. Bank of New York Mellon Corp bought a new stake in Eagle Financial Services during the second quarter valued at $651,000. United Capital Financial Advisors LLC purchased a new position in Eagle Financial Services during the second quarter worth about $671,000. Finally, Bank of America Corp DE purchased a new position in Eagle Financial Services during the second quarter worth about $392,000. 0.31% of the stock is owned by institutional investors.

About Eagle Financial Services

Eagle Financial Services, Inc is a bank holding company headquartered in Berryville, Virginia. Through its principal subsidiary, Bank of Clarke County, the company provides community banking services to individuals, families, businesses and organizations.

Bank of Clarke County offers a range of deposit products, including checking, savings and certificates of deposit, along with commercial, residential mortgage and consumer lending. Its services also include online and mobile banking, treasury management and other financial solutions designed for personal and business customers.

The bank traces its history to the establishment of Bank of Clarke County in 1881 and serves communities in Virginia’s Northern Shenandoah Valley, including Clarke, Frederick and Loudoun counties and the Winchester area.