Eagle Financial Services Inc. (EFSI) to Issue Quarterly Dividend of $0.31 on August 14th

Eagle Financial Services Inc. (NASDAQ:EFSI) announced a quarterly dividend on Wednesday, July 22nd. Shareholders of record on Monday, August 3rd will be paid a dividend of 0.31 per share on Friday, August 14th. This represents a c) dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend is Monday, August 3rd.

Eagle Financial Services has raised its dividend payment by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 14 years.

Eagle Financial Services Stock Performance

NASDAQ:EFSI opened at $40.55 on Friday. The company has a 50-day moving average of $41.17 and a 200-day moving average of $38.58. The firm has a market cap of $219.38 million, a price-to-earnings ratio of 11.72 and a beta of 0.22. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.16. Eagle Financial Services has a twelve month low of $31.44 and a twelve month high of $44.00.

Eagle Financial Services (NASDAQ:EFSI) last released its earnings results on Thursday, July 23rd. The company reported $0.41 EPS for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.37). The business had revenue of $22.10 billion during the quarter, compared to the consensus estimate of $21.29 million. Eagle Financial Services had a return on equity of 8.44% and a net margin of 15.16%. Analysts forecast that Eagle Financial Services will post 2.71 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Eagle Financial Services

Several institutional investors and hedge funds have recently modified their holdings of EFSI. Russell Investments Group Ltd. purchased a new stake in shares of Eagle Financial Services during the third quarter worth $26,000. BNP Paribas Financial Markets raised its stake in shares of Eagle Financial Services by 82.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,188 shares of the company’s stock worth $45,000 after purchasing an additional 538 shares in the last quarter. Daytona Street Capital LLC purchased a new stake in shares of Eagle Financial Services during the 4th quarter worth about $60,000. JPMorgan Chase & Co. acquired a new stake in shares of Eagle Financial Services during the 2nd quarter valued at about $67,000. Finally, Raymond James Financial Inc. bought a new stake in shares of Eagle Financial Services in the 2nd quarter valued at approximately $83,000. 0.31% of the stock is currently owned by hedge funds and other institutional investors.

Eagle Financial Services Company Profile

Eagle Financial Services, Inc (NASDAQ: EFSI) is the bank holding company for Eagle National Bank, a community-oriented financial institution headquartered in Fredericksburg, Virginia. The company offers a broad range of retail and commercial banking solutions, focusing on personalized service for individuals, small businesses, and nonprofit organizations. Through its subsidiary, Eagle National Bank, it maintains a commitment to local decision-making and relationship-driven service.

Eagle Financial Services provides deposit products including checking and savings accounts, money market funds, certificates of deposit, and individual retirement accounts.