Wall Street brokerages expect that Enterprise Financial Services Corporation (NASDAQ:EFSC) will announce $0.68 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for Enterprise Financial Services Corporation’s earnings. The highest EPS estimate is $0.69 and the lowest is $0.67. Enterprise Financial Services Corporation posted earnings per share of $0.59 during the same quarter last year, which would suggest a positive year over year growth rate of 15.3%. The company is expected to announce its next quarterly earnings results on Monday, October 23rd.

On average, analysts expect that Enterprise Financial Services Corporation will report full-year earnings of $2.49 per share for the current year, with EPS estimates ranging from $2.48 to $2.50. For the next financial year, analysts anticipate that the company will report earnings of $2.99 per share, with EPS estimates ranging from $2.97 to $3.00. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research firms that follow Enterprise Financial Services Corporation.

Enterprise Financial Services Corporation (NASDAQ:EFSC) last released its quarterly earnings results on Monday, July 24th. The bank reported $0.56 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.62 by $0.06. Enterprise Financial Services Corporation had a return on equity of 11.18% and a net margin of 24.54%. The firm had revenue of $53.57 million for the quarter, compared to analyst estimates of $51.91 million.

Several analysts have issued reports on EFSC shares. Zacks Investment Research downgraded Enterprise Financial Services Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, June 7th. BidaskClub downgraded Enterprise Financial Services Corporation from a “sell” rating to a “strong sell” rating in a report on Thursday, July 27th. Keefe, Bruyette & Woods restated a “hold” rating and set a $45.00 price objective on shares of Enterprise Financial Services Corporation in a report on Friday, June 2nd. Finally, Piper Jaffray Companies restated a “buy” rating and set a $50.00 price objective on shares of Enterprise Financial Services Corporation in a report on Friday, July 14th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company’s stock. Enterprise Financial Services Corporation currently has a consensus rating of “Hold” and an average target price of $43.00.

A number of hedge funds have recently bought and sold shares of EFSC. Vanguard Group Inc. increased its stake in Enterprise Financial Services Corporation by 1.8% in the second quarter. Vanguard Group Inc. now owns 969,746 shares of the bank’s stock valued at $39,565,000 after buying an additional 17,470 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Enterprise Financial Services Corporation by 3.9% in the second quarter. Dimensional Fund Advisors LP now owns 925,174 shares of the bank’s stock valued at $37,747,000 after buying an additional 34,830 shares during the last quarter. State Street Corp increased its stake in Enterprise Financial Services Corporation by 73.1% in the second quarter. State Street Corp now owns 645,810 shares of the bank’s stock valued at $26,349,000 after buying an additional 272,775 shares during the last quarter. Kennedy Capital Management Inc. increased its stake in Enterprise Financial Services Corporation by 36.5% in the second quarter. Kennedy Capital Management Inc. now owns 426,541 shares of the bank’s stock valued at $17,403,000 after buying an additional 114,118 shares during the last quarter. Finally, Northern Trust Corp increased its stake in Enterprise Financial Services Corporation by 14.8% in the second quarter. Northern Trust Corp now owns 419,404 shares of the bank’s stock valued at $17,112,000 after buying an additional 54,189 shares during the last quarter. Hedge funds and other institutional investors own 69.15% of the company’s stock.

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Shares of Enterprise Financial Services Corporation (NASDAQ EFSC) opened at 38.70 on Tuesday. The firm has a market capitalization of $907.98 million, a PE ratio of 16.84 and a beta of 0.85. Enterprise Financial Services Corporation has a 1-year low of $29.26 and a 1-year high of $46.25. The firm’s 50 day moving average is $40.19 and its 200 day moving average is $41.77.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be issued a dividend of $0.11 per share. The ex-dividend date is Thursday, September 14th. This represents a $0.44 annualized dividend and a yield of 1.14%. Enterprise Financial Services Corporation’s payout ratio is presently 18.97%.

About Enterprise Financial Services Corporation

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 Corporation (NASDAQ:EFSC)

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