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

Esquire Financial (NASDAQ:ESQ) is expected to announce its earnings results 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 Stock Performance

Shares of ESQ stock opened at $83.24 on Thursday. Esquire Financial has a 52-week low of $44.45 and a 52-week high of $83.36. The company has a market capitalization of $692.64 million, a PE ratio of 16.75 and a beta of 0.73. The business’s fifty day moving average is $77.41 and its 200 day moving average is $65.84.

Esquire Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 15th were given a $0.15 dividend. The ex-dividend date was Friday, November 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.72%. Esquire Financial’s dividend payout ratio (DPR) is presently 12.07%.

Insider Buying and Selling at Esquire Financial

In other news, Director Joseph Melohn sold 3,000 shares of the business’s stock in a transaction dated Wednesday, December 18th. The stock was sold at an average price of $79.15, for a total value of $237,450.00. Following the completion of the sale, the director now owns 3,683 shares of the company’s stock, valued at approximately $291,509.45. The trade was a 44.89 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Selig Zises sold 8,000 shares of the business’s stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $76.77, for a total value of $614,160.00. Following the transaction, the director now owns 62,601 shares in the company, valued at approximately $4,805,878.77. This represents a 11.33 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 18.90% of the company’s stock.

Analyst Upgrades and Downgrades

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

Esquire Financial Company Profile

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.