Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Enterprise Bancorp Inc-MA Market Cap
From what 0 stock analysts predict, the share price for Enterprise Bancorp Inc-MA (EBTC) might decrease by 100% in the next year. This is based on a 12-month average estimation for EBTC. Price targets go from $ to $. The majority of stock analysts believe EBTC is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assignedEBTC 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Enterprise Bancorp Inc-MA to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on EBTC. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of EBTC.
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When did it IPO
2005
Staff Count
570
Country
United States
Sector/Industry
Financial Services/Banks - Regional
CEO
Mr. Steven R. Larochelle
Market Cap
$453.0M
In 2023, EBTC generated $170.7M in revenue, which was a increase of 0.25% from the previous year. This can be seen as a signal that EBTC's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Tue, 22 Oct 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Enterprise Bancorp, Inc. reported a net income of $10.0 million ($0.80 per share) for Q3 2024, up from $9.5 million ($0.77 per share) in Q2 2024 and $9.7 million ($0.79 per share) in Q3 2023.
Why It Matters - Enterprise Bancorp's Q3 2024 net income rose to $10 million, reflecting solid growth versus prior quarters and year-over-year, which may enhance investor confidence and support stock performance.
Tue, 15 Oct 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Enterprise Bancorp, Inc. (NASDAQ: EBTC) declared a quarterly dividend of $0.24 per share, payable on December 2, 2024, to shareholders of record by November 11, 2024.
Why It Matters - The declaration of a quarterly dividend signals financial health and stability, potentially attracting income-focused investors and impacting the stock's demand and price.
Tue, 15 Oct 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Enterprise Bancorp (EBTC) is rated a buy, with potential EPS growth from expected Fed rate cuts, a 34% stock price upside in two years, and strong loan growth and management stability.
Why It Matters - Enterprise Bancorp's strong valuation, resilient model, and expected EPS growth from lower interest rates suggest significant upside potential, making it an attractive investment opportunity.
Tue, 23 Jul 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Enterprise Bancorp, Inc. reported Q2 2024 net income of $9.5 million ($0.77 per share), up from $8.5 million in Q1 2024 but down slightly from $9.7 million in Q2 2023.
Why It Matters - Enterprise Bancorp's net income increased from the previous quarter, signaling growth. However, year-over-year earnings slightly declined, indicating potential challenges ahead.
Wed, 17 Jul 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Enterprise Bank appointed David Lynch as Managing Director and Chief Investment Officer of Enterprise Wealth Management, overseeing the wealth management division and strategic direction.
Why It Matters - David Lynch's appointment signals a potential shift in strategy for Enterprise Wealth Management, which could impact performance and investment strategies, influencing investor confidence and stock value.
Fri, 07 Jun 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Enterprise Bancorp, Inc. announced the retirement of CEO John Clancy Jr., effective June 7, 2024. Steven R. Larochelle, previously Chief Banking Officer, will succeed him.
Why It Matters - Leadership changes can impact company strategy and performance. Investors may react to the new CEO's vision and potential changes in direction for Enterprise Bancorp.
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