Eagle Financial Services Inc. (NASDAQ:EFSI) Receives Consensus Rating of “Hold” from Brokerages

Shares of Eagle Financial Services Inc. (NASDAQ:EFSI) have earned a consensus recommendation of “Hold” from the five brokerages that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, two have given a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $42.25.

Several research analysts have recently weighed in on the stock. DA Davidson restated a “neutral” rating and set a $40.00 price objective on shares of Eagle Financial Services in a research note on Monday, May 11th. Weiss Ratings upgraded Eagle Financial Services from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, May 12th. Capital One Financial set a $43.00 price objective on Eagle Financial Services in a research note on Monday, February 9th. Zacks Research cut Eagle Financial Services from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 12th. Finally, Freedom Capital raised Eagle Financial Services from a “hold” rating to a “strong-buy” rating in a report on Friday.

Insider Buying and Selling at Eagle Financial Services

In related news, Director Scott M. Hamberger acquired 909 shares of the company’s stock in a transaction dated Wednesday, March 11th. The shares were bought at an average cost of $33.00 per share, with a total value of $29,997.00. Following the completion of the transaction, the director directly owned 2,550 shares of the company’s stock, valued at $84,150. This trade represents a 55.39% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. 7.12% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Fourthstone LLC boosted its holdings in shares of Eagle Financial Services by 64.0% during the fourth quarter. Fourthstone LLC now owns 453,918 shares of the company’s stock worth $18,064,000 after acquiring an additional 177,132 shares during the period. Vanguard Group Inc. increased its stake in shares of Eagle Financial Services by 105.3% during the third quarter. Vanguard Group Inc. now owns 306,800 shares of the company’s stock worth $11,606,000 after purchasing an additional 157,331 shares during the period. Graham Capital Wealth Management LLC lifted its holdings in Eagle Financial Services by 5.3% during the 3rd quarter. Graham Capital Wealth Management LLC now owns 129,918 shares of the company’s stock worth $4,915,000 after purchasing an additional 6,580 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Eagle Financial Services by 148.9% during the 2nd quarter. Geode Capital Management LLC now owns 106,571 shares of the company’s stock worth $3,264,000 after purchasing an additional 63,756 shares during the last quarter. Finally, UBS Group AG boosted its stake in Eagle Financial Services by 2,935.5% in the 4th quarter. UBS Group AG now owns 73,094 shares of the company’s stock valued at $2,909,000 after purchasing an additional 70,686 shares during the period. Institutional investors and hedge funds own 0.31% of the company’s stock.

Eagle Financial Services Trading Down 0.0%

Shares of Eagle Financial Services stock opened at $37.23 on Thursday. The stock has a market cap of $201.41 million, a P/E ratio of 10.58 and a beta of 0.22. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.16. Eagle Financial Services has a 12-month low of $28.70 and a 12-month high of $41.12. The business’s 50 day moving average is $36.17 and its 200-day moving average is $37.43.

Eagle Financial Services (NASDAQ:EFSI) last released its earnings results on Thursday, April 23rd. The company reported $0.69 earnings per share for the quarter, missing the consensus estimate of $0.86 by ($0.17). Eagle Financial Services had a net margin of 15.81% and a return on equity of 10.17%. The firm had revenue of $20.85 million during the quarter, compared to the consensus estimate of $21.18 million. Equities research analysts predict that Eagle Financial Services will post 3.12 earnings per share for the current fiscal year.

Eagle Financial Services Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Monday, May 4th were issued a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 3.3%. The ex-dividend date was Monday, May 4th. Eagle Financial Services’s payout ratio is currently 35.23%.

About Eagle Financial Services

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.