Zacks Investment Research reported that Enterprise Financial Services Corp will earn $78.93 million in quarterly sales for this quarter. Out of the several stock market analysts who have commented, three provided quarterly earnings estimates. They range between $77.20 million and $81.00 million. In 2019, NASDAQ: EFSC announced that the company earned $76.61 million in sales.
Financial Services Corp will announce its quarterly earnings next on 19th October during a Monday report.
As per reports, stock market analysts are expecting NASDAQ: EFSC yearly sales to be $317.47 million for this FY. The estimated range between $310.50 million and $326.00 million. Analysts have also predicted that Enterprise Financial Services will bring in $366.00 million in sales next year. The estimates range between $362.30 million and $372.00 million.
What Do Stock Market Analysts Say About NASDAQ: EFSC Reports?
Raymond Hanes decreases its target price in Enterprise Financial Services shares to $34.00 from $36.00. They also issued a rating of “outperform” to NASDAQ: EFSC on 24th August during a Monday report. BidaskClub increased their NASDAQ: EFSC shares to a rating of “sell” from a rating of “strong sell” on 7th October during a Wednesday report.
Two stock market analysts issued a rating of “sell” to Enterprise Financial Services. One analyst issued a rating of “hold” and another one announced a rating of “buy” to NASDAQ: EFSC stock.
Currently, Enterprise Financial Services has an average “Hold” rating and a price target of $35.00.
On 20th July, during a Monday report, NASDAQ: EFSC revealed its earnings for the quarter. As per reports, they brought in $0.56 earnings per share. Enterprise Financial Services Corp also has quarterly revenue of $83.15 million. The company’s return in equity and net margin are 10.03 percent and 23.83 percent.
How Did The Institutional Investors React To Enterprise Financial Services Corp Reports?
BNP Paribas SA increased its NASDAQ: EFSC stake by 166.7 percent. It currently owns an estimate of $12,000, which comes to 7,585 company shares. Nuveen Asset Management LLC increased its Enterprise Financial Services Holdings by 2.9 percent. They currently own an estimate of $5,113,000, which comes from 183,202 company shares. Janus Henderson Group PLC also increased its NASDAQ: EFSC shares by 145.5 percent. They currently own an estimate of $19,970,000, which comes from 715,525 company shares.
Geode Capital Management LLC increased its Enterprise Financial Services holdings by 7.1 percent. Lastly, Wells Fargo & Company MN increased ifs Enterprise Financial Services holdings by 5.2 percent.
On Thursday, Enterprise Financial Services Corp (NASDAQ: EFSC) started trading at $28.85. It also paid $0.18 dividends to its investors on 30th September.