Enterprise Financial Services (EFSC) Expected to Announce Quarterly Earnings on Monday

Enterprise Financial Services (NASDAQ:EFSC) will likely be announcing its earnings results after the market closes on Monday, January 27th. Analysts expect the company to announce earnings of $1.18 per share and revenue of $160,605.25 billion for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Enterprise Financial Services Stock Performance

NASDAQ:EFSC opened at $56.43 on Friday. The business has a 50 day moving average of $57.86 and a 200 day moving average of $53.54. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.91 and a quick ratio of 0.91. Enterprise Financial Services has a 1-year low of $37.28 and a 1-year high of $63.13. The company has a market capitalization of $2.10 billion, a price-to-earnings ratio of 11.96 and a beta of 1.00.

Insider Activity at Enterprise Financial Services

In related news, Director Richard Sanborn sold 100,000 shares of the company’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $59.56, for a total value of $5,956,000.00. Following the sale, the director now directly owns 40,950 shares of the company’s stock, valued at $2,438,982. This represents a 70.95 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 2.30% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

EFSC has been the topic of several research analyst reports. Keefe, Bruyette & Woods upped their target price on shares of Enterprise Financial Services from $59.00 to $68.00 and gave the company an “outperform” rating in a research note on Wednesday, December 4th. Piper Sandler lifted 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.

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.