Enterprise Financial Services Corp (EFSC) to Issue $0.11 Quarterly Dividend

Enterprise Financial Services Corp (NASDAQ:EFSC) announced a quarterly dividend on Wednesday, January 24th, Wall Street Journal reports. Stockholders of record on Thursday, March 15th will be paid a dividend of 0.11 per share by the bank on Friday, March 30th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.89%. The ex-dividend date of this dividend is Wednesday, March 14th.

Shares of Enterprise Financial Services (EFSC) opened at $49.60 on Tuesday. Enterprise Financial Services has a 12 month low of $36.65 and a 12 month high of $49.85. The company has a market cap of $1,148.84, a P/E ratio of 19.00, a PEG ratio of 1.56 and a beta of 0.93. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.99.

Enterprise Financial Services (NASDAQ:EFSC) last announced its quarterly earnings results on Monday, January 22nd. The bank reported $0.77 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.01. Enterprise Financial Services had a net margin of 20.34% and a return on equity of 11.13%. The firm had revenue of $58.52 million during the quarter, compared to analyst estimates of $56.93 million. research analysts anticipate that Enterprise Financial Services will post 3.54 EPS for the current fiscal year.

In other news, President Scott Richard Goodman sold 1,200 shares of Enterprise Financial Services stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $47.55, for a total value of $57,060.00. Following the completion of the sale, the president now directly owns 41,875 shares in the company, valued at $1,991,156.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 5.60% of the company’s stock.

A number of analysts have recently commented on the stock. Piper Jaffray Companies reiterated a “buy” rating and issued a $54.50 price target on shares of Enterprise Financial Services in a research note on Tuesday, January 9th. Zacks Investment Research upgraded shares of Enterprise Financial Services from a “hold” rating to a “strong-buy” rating and set a $52.00 price target for the company in a research note on Monday, January 1st. BidaskClub lowered shares of Enterprise Financial Services from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, February 27th. Finally, ValuEngine lowered shares of Enterprise Financial Services from a “buy” rating to a “hold” rating in a research note on Wednesday, November 22nd. Two research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $50.83.

ILLEGAL ACTIVITY NOTICE: This article was first reported by Markets Daily and is the sole property of of Markets Daily. If you are reading this article on another domain, it was illegally stolen and reposted in violation of U.S. & international trademark and copyright legislation. The original version of this article can be accessed at https://www.themarketsdaily.com/2018/03/13/enterprise-financial-services-corp-efsc-to-issue-0-11-quarterly-dividend.html.

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.

Dividend History for Enterprise Financial Services (NASDAQ:EFSC)

Receive News & Ratings for Enterprise Financial Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enterprise Financial Services and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply