Analysts expect Enterprise Financial Services Corp (NASDAQ:EFSC) to report $56.93 million in sales for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for Enterprise Financial Services’ earnings, with estimates ranging from $56.50 million to $57.35 million. Enterprise Financial Services reported sales of $44.48 million during the same quarter last year, which indicates a positive year over year growth rate of 28%. The business is scheduled to issue its next quarterly earnings results on Monday, January 22nd.

According to Zacks, analysts expect that Enterprise Financial Services will report full year sales of $56.93 million for the current year, with estimates ranging from $209.70 million to $210.53 million. For the next year, analysts forecast that the company will post sales of $228.47 million per share, with estimates ranging from $227.20 million to $229.75 million. Zacks’ sales calculations are a mean average based on a survey of sell-side research firms that cover Enterprise Financial Services.

Enterprise Financial Services (NASDAQ:EFSC) last released its quarterly earnings results on Monday, October 23rd. The bank reported $0.69 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.68 by $0.01. Enterprise Financial Services had a return on equity of 11.15% and a net margin of 24.73%. The business had revenue of $54.00 million during the quarter, compared to the consensus estimate of $54.11 million.

EFSC has been the topic of several recent research reports. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $46.00 price objective on shares of Enterprise Financial Services in a report on Tuesday, October 3rd. ValuEngine downgraded Enterprise Financial Services from a “buy” rating to a “hold” rating in a research report on Wednesday, November 22nd. Zacks Investment Research downgraded Enterprise Financial Services from a “hold” rating to a “sell” rating in a research report on Wednesday, September 6th. Finally, Piper Jaffray Companies reaffirmed an “overweight” rating and issued a $49.00 price objective on shares of Enterprise Financial Services in a research report on Friday, October 6th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company’s stock. Enterprise Financial Services presently has an average rating of “Hold” and a consensus price target of $48.33.

Enterprise Financial Services (NASDAQ EFSC) traded up $0.35 during mid-day trading on Tuesday, hitting $45.50. The stock had a trading volume of 130,889 shares, compared to its average volume of 113,969. Enterprise Financial Services has a 12-month low of $36.65 and a 12-month high of $46.25. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.05. The stock has a market cap of $1,041.38, a PE ratio of 18.80, a P/E/G ratio of 1.99 and a beta of 0.88.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 15th will be given a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.97%. The ex-dividend date of this dividend is Thursday, December 14th. Enterprise Financial Services’s payout ratio is 18.18%.

In related news, insider Douglas Bauche sold 960 shares of the company’s stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $44.10, for a total transaction of $42,336.00. Following the completion of the sale, the insider now directly owns 679 shares in the company, valued at approximately $29,943.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, President Scott Richard Goodman sold 3,700 shares of the stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $45.85, for a total value of $169,645.00. Following the completion of the sale, the president now owns 38,269 shares of the company’s stock, valued at $1,754,633.65. The disclosure for this sale can be found here. 5.60% of the stock is currently owned by corporate insiders.

Institutional investors have recently added to or reduced their stakes in the business. Alps Advisors Inc. grew its holdings in Enterprise Financial Services by 0.3% during the second quarter. Alps Advisors Inc. now owns 10,945 shares of the bank’s stock worth $447,000 after acquiring an additional 28 shares during the period. Legal & General Group Plc grew its holdings in Enterprise Financial Services by 6.9% during the second quarter. Legal & General Group Plc now owns 5,439 shares of the bank’s stock worth $222,000 after acquiring an additional 349 shares during the period. Systematic Financial Management LP grew its holdings in Enterprise Financial Services by 0.9% during the second quarter. Systematic Financial Management LP now owns 41,535 shares of the bank’s stock worth $1,695,000 after acquiring an additional 390 shares during the period. Stifel Financial Corp grew its holdings in Enterprise Financial Services by 6.9% during the second quarter. Stifel Financial Corp now owns 8,562 shares of the bank’s stock worth $350,000 after acquiring an additional 549 shares during the period. Finally, Voya Investment Management LLC grew its holdings in Enterprise Financial Services by 9.1% during the second quarter. Voya Investment Management LLC now owns 12,217 shares of the bank’s stock worth $498,000 after acquiring an additional 1,018 shares during the period. Institutional investors own 74.42% of the company’s stock.

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Enterprise Financial Services Company Profile

Enterprise Financial Services Corp is a financial holding company for a full service banking subsidiary, Enterprise Bank & Trust (the Bank). The Bank offers banking and wealth management services to individuals and business customers primarily located in the St. Louis, Kansas City and Phoenix metropolitan markets.

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Earnings History and Estimates for Enterprise Financial Services (NASDAQ:EFSC)

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