Entegra Financial (NASDAQ:ENFC) is scheduled to post its quarterly earnings results after the market closes on Wednesday, April 18th. Analysts expect Entegra Financial to post earnings of $0.53 per share for the quarter.

Entegra Financial (NASDAQ:ENFC) last posted its quarterly earnings results on Thursday, January 18th. The bank reported $0.43 earnings per share (EPS) for the quarter. The business had revenue of $13.61 million during the quarter, compared to analyst estimates of $13.18 million. Entegra Financial had a net margin of 5.28% and a return on equity of 6.93%. On average, analysts expect Entegra Financial to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

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NASDAQ ENFC opened at $28.90 on Tuesday. The company has a quick ratio of 0.95, a current ratio of 0.96 and a debt-to-equity ratio of 1.57. The company has a market capitalization of $192.88, a PE ratio of 20.35 and a beta of 0.26. Entegra Financial has a 52-week low of $22.00 and a 52-week high of $30.70.

Separately, Zacks Investment Research raised shares of Entegra Financial from a “hold” rating to a “buy” rating and set a $33.00 price objective on the stock in a research report on Thursday, January 25th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $30.67.

Institutional investors and hedge funds have recently modified their holdings of the stock. The Manufacturers Life Insurance Company raised its position in Entegra Financial by 11,400.0% during the second quarter. The Manufacturers Life Insurance Company now owns 6,325 shares of the bank’s stock valued at $144,000 after acquiring an additional 6,270 shares in the last quarter. California State Teachers Retirement System bought a new position in Entegra Financial during the second quarter valued at approximately $265,000. Finally, State Street Corp bought a new position in Entegra Financial during the second quarter valued at approximately $1,396,000. 48.52% of the stock is currently owned by hedge funds and other institutional investors.

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Entegra Financial Company Profile

Entegra Financial Corp. operates as the bank holding company for Entegra Bank that provides various retail and commercial banking products and services in the United States. The company offers deposit accounts, including savings accounts, commercial and regular checking accounts, money market accounts, and individual retirement accounts, as well as certificates of deposit.

Earnings History for Entegra Financial (NASDAQ:ENFC)

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