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

Enterprise Financial Services Corp (NASDAQ:EFSC) – Analysts at DA Davidson raised their FY2025 EPS estimates for shares of Enterprise Financial Services in a research report issued to clients and investors on Wednesday, January 29th. DA Davidson analyst J. Rulis now forecasts that the bank will post earnings of $5.20 per share for the year, up from their prior estimate of $4.60. DA Davidson currently has a “Buy” rating and a $70.00 price target on the stock. The consensus estimate for Enterprise Financial Services’ current full-year earnings is $4.69 per share.

A number of other analysts have also recently commented on the stock. Piper Sandler upped their price target on shares of Enterprise Financial Services from $58.00 to $62.00 and gave the company an “overweight” rating in a research note on Wednesday, October 23rd. Keefe, Bruyette & Woods reissued an “outperform” rating and set a $70.00 target price (up previously from $68.00) on shares of Enterprise Financial Services in a report on Wednesday.

Enterprise Financial Services Price Performance

NASDAQ EFSC opened at $60.12 on Friday. The company has a market cap of $2.23 billion, a PE ratio of 12.42 and a beta of 1.00. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.27. The firm’s 50-day simple moving average is $57.89 and its two-hundred day simple moving average is $54.04. Enterprise Financial Services has a 52 week low of $37.28 and a 52 week high of $63.13.

Enterprise Financial Services (NASDAQ:EFSC) last issued its quarterly earnings results on Monday, January 27th. The bank reported $1.32 EPS for the quarter, beating analysts’ consensus estimates of $1.18 by $0.14. Enterprise Financial Services had a return on equity of 10.94% and a net margin of 20.12%.

Enterprise Financial Services Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.93%. This is an increase from Enterprise Financial Services’s previous quarterly dividend of $0.28. The ex-dividend date is Friday, March 14th. Enterprise Financial Services’s dividend payout ratio is presently 23.14%.

Insider Activity

In other Enterprise Financial Services news, Director Richard Sanborn sold 100,000 shares of the company’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $59.56, for a total value of $5,956,000.00. Following the transaction, the director now directly owns 40,950 shares in the company, valued at $2,438,982. This represents a 70.95 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.30% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Versant Capital Management Inc bought a new stake in Enterprise Financial Services during the fourth quarter valued at approximately $29,000. Quarry LP raised its position in shares of Enterprise Financial Services by 2,593.5% during the 3rd quarter. Quarry LP now owns 835 shares of the bank’s stock valued at $43,000 after buying an additional 804 shares in the last quarter. Point72 DIFC Ltd bought a new stake in shares of Enterprise Financial Services during the 3rd quarter worth $102,000. FMR LLC grew its position in Enterprise Financial Services by 34.2% in the third quarter. FMR LLC now owns 2,560 shares of the bank’s stock worth $131,000 after acquiring an additional 653 shares in the last quarter. Finally, Advisors Asset Management Inc. increased its stake in Enterprise Financial Services by 169.7% in the third quarter. Advisors Asset Management Inc. now owns 3,452 shares of the bank’s stock valued at $177,000 after acquiring an additional 2,172 shares during the last quarter. Hedge funds and other institutional investors own 72.21% of the company’s stock.

About Enterprise Financial Services

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.