Eagle Financial Services Inc. (NASDAQ:EFSI) Given Average Recommendation of “Hold” by Brokerages

Shares of Eagle Financial Services Inc. (NASDAQ:EFSI) have been given an average rating of “Hold” by the five ratings firms that are currently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $43.00.

Several research analysts have issued reports on EFSI shares. Weiss Ratings upgraded shares of Eagle Financial Services from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, February 9th. DA Davidson assumed coverage on shares of Eagle Financial Services in a report on Wednesday, February 25th. They issued a “neutral” rating and a $43.00 price target for the company. Keefe, Bruyette & Woods upped their price target on shares of Eagle Financial Services from $42.00 to $43.00 and gave the stock an “outperform” rating in a research report on Thursday, January 29th. Capital One Financial set a $43.00 price objective on shares of Eagle Financial Services in a research note on Monday, February 9th. Finally, Zacks Research raised shares of Eagle Financial Services to a “hold” rating in a report on Thursday, February 26th.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Wealthspire Advisors LLC purchased a new position in shares of Eagle Financial Services in the 2nd quarter valued at approximately $298,000. Choreo LLC acquired a new stake in Eagle Financial Services in the 2nd quarter worth approximately $1,849,000. Graham Capital Wealth Management LLC purchased a new stake in Eagle Financial Services during the 2nd quarter worth approximately $3,777,000. New York State Common Retirement Fund acquired a new position in Eagle Financial Services during the 2nd quarter valued at approximately $101,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Eagle Financial Services during the 3rd quarter valued at approximately $84,000. 0.31% of the stock is owned by institutional investors.

Eagle Financial Services Stock Performance

EFSI stock traded down $0.02 during midday trading on Friday, reaching $34.52. 15,474 shares of the company’s stock traded hands, compared to its average volume of 12,633. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.37. The stock has a market cap of $185.72 million, a P/E ratio of 26.55 and a beta of 0.21. The stock’s 50-day moving average is $38.54 and its 200 day moving average is $37.76. Eagle Financial Services has a 52-week low of $28.70 and a 52-week high of $41.12.

Eagle Financial Services (NASDAQ:EFSI) last released its quarterly earnings data on Monday, January 26th. The company reported $0.81 EPS for the quarter. The company had revenue of $21.76 million for the quarter. Eagle Financial Services had a return on equity of 9.99% and a net margin of 7.76%.

Eagle Financial Services Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Monday, February 2nd were issued a $0.31 dividend. The ex-dividend date was Monday, February 2nd. This represents a $1.24 dividend on an annualized basis and a dividend yield of 3.6%. Eagle Financial Services’s dividend payout ratio (DPR) is currently 95.38%.

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.