Enterprise Bancorp (NASDAQ:EBTC) is scheduled to be announcing its earnings results on Wednesday, January 24th.

Enterprise Bancorp (NASDAQ:EBTC) last posted its earnings results on Thursday, October 19th. The savings and loans company reported $0.47 earnings per share for the quarter. Enterprise Bancorp had a return on equity of 9.67% and a net margin of 18.64%. The firm had revenue of $28.58 million for the quarter.

Enterprise Bancorp (EBTC) opened at $35.12 on Monday. Enterprise Bancorp has a twelve month low of $29.02 and a twelve month high of $38.25. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.71. The firm has a market capitalization of $407.32, a P/E ratio of 18.88 and a beta of 0.96.

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Thursday, February 8th will be issued a dividend of $0.145 per share. This is an increase from Enterprise Bancorp’s previous quarterly dividend of $0.14. The ex-dividend date is Wednesday, February 7th. This represents a $0.58 dividend on an annualized basis and a dividend yield of 1.65%. Enterprise Bancorp’s dividend payout ratio is 29.03%.

In other news, Chairman George L. Duncan sold 4,580 shares of the business’s stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $37.58, for a total value of $172,116.40. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Chairman George L. Duncan sold 10,229 shares of the business’s stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of $34.39, for a total value of $351,775.31. Following the completion of the sale, the chairman now directly owns 390,228 shares in the company, valued at $13,419,940.92. The disclosure for this sale can be found here. Insiders have sold a total of 21,722 shares of company stock worth $765,266 in the last quarter. Company insiders own 19.68% of the company’s stock.

Separately, BidaskClub downgraded Enterprise Bancorp from a “hold” rating to a “sell” rating in a report on Wednesday, December 13th.

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About Enterprise Bancorp

Enterprise Bancorp, Inc operates as the holding company of Enterprise Bank and Trust Company (the Bank). The Company is engaged in the business of gathering deposits from the general public and investing primarily in loans and investment securities and utilizing the resulting cash flows to conduct operations, expand the branch network, and pay dividends to stockholders.

Earnings History for Enterprise Bancorp (NASDAQ:EBTC)

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