Eagle Financial Services Inc. (NASDAQ:EFSI) Given Average Recommendation of “Moderate Buy” by Brokerages

Eagle Financial Services Inc. (NASDAQ:EFSI) has been given an average recommendation of “Moderate Buy” by the five research firms that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, two have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $42.25.

Several equities analysts have issued reports on EFSI shares. Freedom Capital raised Eagle Financial Services from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 15th. Zacks Research lowered shares of Eagle Financial Services from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 12th. DA Davidson reiterated a “neutral” rating and set a $40.00 target price on shares of Eagle Financial Services in a research report on Monday, May 11th. Finally, Weiss Ratings raised shares of Eagle Financial Services from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, June 26th.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Russell Investments Group Ltd. acquired a new stake in Eagle Financial Services in the third quarter valued at approximately $26,000. BNP Paribas Financial Markets lifted its holdings in shares of Eagle Financial Services by 82.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,188 shares of the company’s stock worth $45,000 after purchasing an additional 538 shares in the last quarter. Daytona Street Capital LLC bought a new position in shares of Eagle Financial Services in the 4th quarter worth $60,000. JPMorgan Chase & Co. acquired a new stake in Eagle Financial Services in the 2nd quarter valued at $67,000. Finally, Raymond James Financial Inc. bought a new stake in Eagle Financial Services during the 2nd quarter valued at $83,000. 0.31% of the stock is owned by institutional investors and hedge funds.

Eagle Financial Services Stock Performance

Shares of EFSI opened at $40.30 on Friday. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.16. The firm’s fifty day simple moving average is $39.89 and its two-hundred day simple moving average is $38.40. Eagle Financial Services has a 12 month low of $31.44 and a 12 month high of $44.00. The stock has a market capitalization of $218.02 million, a P/E ratio of 11.45 and a beta of 0.22.

Eagle Financial Services (NASDAQ:EFSI) last announced its quarterly earnings data on Thursday, April 23rd. The company reported $0.69 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.17). Eagle Financial Services had a net margin of 15.81% and a return on equity of 10.17%. The business had revenue of $20.85 million during the quarter, compared to analyst estimates of $21.18 million. As a group, analysts predict that Eagle Financial Services will post 3.12 EPS for the current year.

Eagle Financial Services Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Monday, May 4th were given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend was Monday, May 4th. Eagle Financial Services’s dividend payout ratio is 35.23%.

Eagle Financial Services Company Profile

Eagle Financial Services, Inc (NASDAQ: EFSI) is the bank holding company for Eagle National Bank, a community-oriented financial institution headquartered in Fredericksburg, Virginia. The company offers a broad range of retail and commercial banking solutions, focusing on personalized service for individuals, small businesses, and nonprofit organizations. Through its subsidiary, Eagle National Bank, it maintains a commitment to local decision-making and relationship-driven service.

Eagle Financial Services provides deposit products including checking and savings accounts, money market funds, certificates of deposit, and individual retirement accounts.