Entegra Financial (ENFC) Set to Announce Quarterly Earnings on Wednesday

Entegra Financial (NASDAQ:ENFC) will be releasing its earnings data 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 released its quarterly earnings results on Thursday, January 18th. The bank reported $0.43 earnings per share (EPS) for the quarter. Entegra Financial had a net margin of 5.28% and a return on equity of 6.93%. The firm had revenue of $13.61 million for the quarter, compared to analysts’ expectations of $13.18 million. 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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Entegra Financial stock opened at $28.00 on Monday. Entegra Financial has a 1 year low of $22.00 and a 1 year high of $30.70. The firm has a market capitalization of $197.35, a P/E ratio of 19.72 and a beta of 0.27. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.95 and a current ratio of 0.96.

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

A number of hedge funds have recently made changes to their positions in the business. State Street Corp purchased a new position in Entegra Financial in the 2nd quarter valued at $1,396,000. California State Teachers Retirement System purchased a new position in Entegra Financial in the 2nd quarter valued at $265,000. Finally, The Manufacturers Life Insurance Company lifted its holdings in Entegra Financial by 11,400.0% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 6,325 shares of the bank’s stock valued at $144,000 after purchasing an additional 6,270 shares in the last quarter. Institutional investors own 48.52% of the company’s stock.

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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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