Eagle Financial Services Inc. (EFSI) – What Are Analysts Thinking About This Stock?

Eagle Financial Services Inc. (NASDAQ:EFSI) has been assigned an average recommendation of “Moderate Buy” from the six analysts that are covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with 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 objective among brokers that have covered the stock in the last year is $43.75.

EFSI has been the topic of several recent analyst reports. Wall Street Zen cut Eagle Financial Services from a “sell” rating to a “strong sell” rating in a research note on Monday, September 14th. Weiss Ratings restated a “buy (b)” rating on shares of Eagle Financial Services in a report on Tuesday, September 22nd. Zacks Research raised Eagle Financial Services from a “strong sell” rating to a “hold” rating in a research report on Friday, September 25th. DA Davidson increased their price objective on Eagle Financial Services from $40.00 to $46.00 and gave the stock a “neutral” rating in a report on Wednesday, September 9th. Finally, Freedom Broker lowered Eagle Financial Services from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 27th.

Institutional Investors Weigh In On Eagle Financial Services

Hedge funds have recently bought and sold shares of the business. BlackRock Inc. bought a new position in Eagle Financial Services in the 2nd quarter worth about $14,315,000. Susquehanna International Group LLP bought a new position in shares of Eagle Financial Services during the second quarter worth $1,199,000. Transmarket Holdings LP purchased a new stake in shares of Eagle Financial Services during the 3rd quarter worth approximately $934,000. United Capital Financial Advisors LLC bought a new position in shares of Eagle Financial Services during the 2nd quarter valued at approximately $671,000. Finally, Bank of New York Mellon Corp purchased a new position in shares of Eagle Financial Services during the second quarter valued at approximately $651,000. Institutional investors own 0.31% of the company’s stock.

Eagle Financial Services Stock Up 0.2%

Shares of NASDAQ EFSI opened at $46.00 on Thursday. The company has a quick ratio of 1.01, a current ratio of 1.03 and a debt-to-equity ratio of 0.15. Eagle Financial Services has a 52 week low of $31.44 and a 52 week high of $48.17. The firm’s fifty day moving average is $45.57 and its 200 day moving average is $40.63. The company has a market cap of $248.86 million, a price-to-earnings ratio of 16.16 and a beta of 0.21.

Eagle Financial Services (NASDAQ:EFSI) last announced its quarterly earnings results on Thursday, October 22nd. The company reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.05. The business had revenue of $22.93 million for the quarter, compared to analyst estimates of $22.09 million. Eagle Financial Services had a net margin of 14.55% and a return on equity of 7.98%. On average, equities research analysts expect that Eagle Financial Services will post 2.71 earnings per share for the current year.

Eagle Financial Services Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Monday, November 2nd will be given a dividend of $0.31 per share. The ex-dividend date is Monday, November 2nd. This represents a $1.24 annualized dividend and a dividend yield of 2.7%. Eagle Financial Services’s payout ratio is currently 37.58%.

Eagle Financial Services Company Profile

Eagle Financial Services, Inc. is a bank holding company headquartered in Berryville, Virginia. It operates through its principal subsidiary, Bank of Clarke County, a community bank that has served customers in Virginia’s Northern Shenandoah Valley since 1881. Bank of Clarke County provides personal and business banking services, including checking and savings accounts, certificates of deposit, consumer loans, commercial lending, residential mortgage financing, and online and mobile banking services.