Esquire Financial (ESQ) Projected to Post Quarterly Earnings on Thursday

by · The Markets Daily

Esquire Financial (NASDAQ:ESQ – Get Free Report) is expected to issue its quarterly earnings data before the market opens on Thursday, January 23rd. Analysts expect the company to announce earnings of $1.38 per share and revenue of $28,780.00 billion for the quarter.

Esquire Financial Price Performance

Shares of ESQ stock opened at $87.94 on Wednesday. The firm’s 50-day moving average is $78.61 and its two-hundred day moving average is $67.20. Esquire Financial has a 12 month low of $44.45 and a 12 month high of $90.00. The company has a market capitalization of $731.75 million, a PE ratio of 17.69 and a beta of 0.73.

Esquire Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Friday, November 15th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.68%. The ex-dividend date was Friday, November 15th. Esquire Financial’s dividend payout ratio (DPR) is presently 12.07%.

Insider Activity

In related news, Director Selig Zises sold 8,000 shares of Esquire Financial stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $76.77, for a total value of $614,160.00. Following the completion of the transaction, the director now owns 62,601 shares in the company, valued at approximately $4,805,878.77. The trade was a 11.33 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Rena Nigam acquired 640 shares of the company’s stock in a transaction that occurred on Monday, December 9th. The stock was acquired at an average price of $77.50 per share, with a total value of $49,600.00. Following the acquisition, the director now directly owns 1,867 shares of the company’s stock, valued at approximately $144,692.50. This represents a 52.16 % increase in their position. The disclosure for this purchase can be found here. Insiders own 18.90% of the company’s stock.

Analyst Upgrades and Downgrades

ESQ has been the topic of a number of analyst reports. Keefe, Bruyette & Woods lifted their target price on shares of Esquire Financial from $72.00 to $80.00 and gave the stock a “market perform” rating in a research note on Wednesday, December 4th. Piper Sandler reissued an “overweight” rating and issued a $75.00 price target (up from $72.00) on shares of Esquire Financial in a research note on Friday, October 25th.

View Our Latest Report on ESQ

Esquire Financial Company Profile

(Get Free Report)

Esquire Financial Holdings, Inc operates as the bank holding company for Esquire Bank, National Association that provides commercial banking products and services to legal industry and small businesses, and commercial and retail customers in the United States. The company offers checking, savings, money market, and time deposits, as well as certificates of deposit.

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