Enterprise Bancorp, Inc (NASDAQ:EBTC) announced a quarterly dividend on Tuesday, October 15th, Zacks reports. Investors of record on Monday, November 11th will be given a dividend of 0.16 per share by the savings and loans company on Monday, December 2nd. This represents a $0.64 annualized dividend and a dividend yield of 2.06%. The ex-dividend date of this dividend is Thursday, November 7th.
EBTC stock opened at $31.00 on Tuesday. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.12. The firm has a market cap of $361.10 million, a P/E ratio of 11.28 and a beta of 0.80. Enterprise Bancorp has a 12-month low of $26.85 and a 12-month high of $36.50. The stock’s 50 day simple moving average is $29.85 and its 200 day simple moving average is $29.52.
Enterprise Bancorp (NASDAQ:EBTC) last posted its quarterly earnings results on Thursday, October 17th. The savings and loans company reported $0.76 earnings per share (EPS) for the quarter. The business had revenue of $33.57 million for the quarter. Enterprise Bancorp had a return on equity of 11.96% and a net margin of 21.64%.
Separately, BidaskClub upgraded Enterprise Bancorp from a “sell” rating to a “hold” rating in a research note on Saturday, October 19th.
About Enterprise Bancorp
Enterprise Bancorp, Inc operates as the holding company for Enterprise Bank and Trust Company that provides various banking products and services primarily in the greater Merrimack Valley and North Central regions of Massachusetts and Southern New Hampshire. The company offers commercial checking, business and municipal savings accounts, term certificates of deposit, money market and business sweep accounts, interest on lawyers trust accounts, escrow management accounts, personal checking accounts, savings accounts, and individual retirement accounts, as well as checking and simplified employee pension accounts.
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