What is DA Davidson’s Estimate for EFSC FY2025 Earnings?

Enterprise Financial Services Corp (NASDAQ:EFSC) – Equities researchers at DA Davidson increased their FY2025 earnings estimates for Enterprise Financial Services in a research report issued to clients and investors on Thursday, December 19th. DA Davidson analyst J. Rulis now forecasts that the bank will post earnings of $4.60 per share for the year, up from their prior forecast of $4.50. The consensus estimate for Enterprise Financial Services’ current full-year earnings is $4.77 per share.

Enterprise Financial Services (NASDAQ:EFSC) last announced its quarterly earnings data on Monday, October 21st. The bank reported $1.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.14 by $0.15. Enterprise Financial Services had a return on equity of 10.81% and a net margin of 19.73%. The company had revenue of $164.89 million during the quarter, compared to the consensus estimate of $157.56 million.

Several other equities analysts have also recently weighed in on the company. Keefe, Bruyette & Woods raised their price target on Enterprise Financial Services from $59.00 to $68.00 and gave the company an “outperform” rating in a report on Wednesday, December 4th. Piper Sandler raised their target price on shares of Enterprise Financial Services from $58.00 to $62.00 and gave the company an “overweight” rating in a report on Wednesday, October 23rd.

Enterprise Financial Services Price Performance

NASDAQ:EFSC opened at $55.82 on Friday. The business’s 50-day simple moving average is $57.02 and its two-hundred day simple moving average is $50.35. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.27. Enterprise Financial Services has a 52 week low of $37.28 and a 52 week high of $63.13. The stock has a market cap of $2.07 billion, a PE ratio of 11.83 and a beta of 0.99.

Enterprise Financial Services Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be given a dividend of $0.28 per share. The ex-dividend date of this dividend is Monday, December 16th. This is an increase from Enterprise Financial Services’s previous quarterly dividend of $0.27. This represents a $1.12 dividend on an annualized basis and a yield of 2.01%. Enterprise Financial Services’s dividend payout ratio is 23.73%.

Insider Transactions at Enterprise Financial Services

In related news, Director Richard Sanborn sold 100,000 shares of Enterprise Financial Services stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $59.56, for a total transaction of $5,956,000.00. Following the completion of the transaction, the director now directly owns 40,950 shares of the company’s stock, valued at approximately $2,438,982. The trade was a 70.95 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 2.30% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Parkside Financial Bank & Trust boosted its stake in shares of Enterprise Financial Services by 2.8% during the second quarter. Parkside Financial Bank & Trust now owns 8,133 shares of the bank’s stock valued at $333,000 after purchasing an additional 224 shares during the period. Arizona State Retirement System raised its position in Enterprise Financial Services by 2.2% during the 2nd quarter. Arizona State Retirement System now owns 10,502 shares of the bank’s stock valued at $430,000 after purchasing an additional 228 shares in the last quarter. Cornercap Investment Counsel Inc. lifted its holdings in shares of Enterprise Financial Services by 0.8% in the 2nd quarter. Cornercap Investment Counsel Inc. now owns 29,469 shares of the bank’s stock worth $1,206,000 after buying an additional 229 shares during the period. Quest Partners LLC increased its stake in shares of Enterprise Financial Services by 4.8% during the second quarter. Quest Partners LLC now owns 10,851 shares of the bank’s stock valued at $444,000 after buying an additional 500 shares during the period. Finally, Harbor Capital Advisors Inc. raised its holdings in shares of Enterprise Financial Services by 6.0% in the third quarter. Harbor Capital Advisors Inc. now owns 11,339 shares of the bank’s stock valued at $581,000 after acquiring an additional 645 shares in the last quarter. Hedge funds and other institutional investors own 72.21% of the company’s stock.

Enterprise Financial Services Company Profile

Enterprise Financial Services Corp operates as the holding company for Enterprise Bank & Trust that offers banking and wealth management services to individuals and corporate customers primarily in Arizona, California, Florida, Kansas, Missouri, Nevada, and New Mexico. It provides checking, savings, money market accounts, and certificates of deposit.