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

Esquire Financial (NASDAQ:ESQ) is expected to announce its Q1 2025 earnings results before the market opens on Thursday, April 24th. Analysts expect Esquire Financial to post earnings of $1.30 per share and revenue of $30.71 million for the quarter.

Esquire Financial (NASDAQ:ESQ) last issued its earnings results on Thursday, January 23rd. The company reported $1.37 EPS for the quarter, missing the consensus estimate of $1.38 by ($0.01). Esquire Financial had a return on equity of 19.93% and a net margin of 31.58%. On average, analysts expect Esquire Financial to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Esquire Financial Stock Down 1.7 %

Shares of ESQ opened at $79.17 on Tuesday. The firm has a fifty day simple moving average of $76.45 and a two-hundred day simple moving average of $76.42. Esquire Financial has a twelve month low of $44.55 and a twelve month high of $90.18. The stock has a market capitalization of $667.56 million, a P/E ratio of 15.34 and a beta of 0.52.

Esquire Financial Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Friday, February 14th were paid a $0.175 dividend. The ex-dividend date of this dividend was Friday, February 14th. This is a boost from Esquire Financial’s previous quarterly dividend of $0.15. This represents a $0.70 annualized dividend and a dividend yield of 0.88%. Esquire Financial’s dividend payout ratio (DPR) is presently 13.57%.

Insider Activity

In other news, Director Selig Zises sold 20,000 shares of the stock in a transaction on Friday, February 28th. The stock was sold at an average price of $77.59, for a total value of $1,551,800.00. Following the sale, the director now directly owns 35,501 shares of the company’s stock, valued at approximately $2,754,522.59. This represents a 36.04 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Richard T. Powers sold 1,427 shares of Esquire Financial stock in a transaction dated Thursday, February 6th. The stock was sold at an average price of $86.99, for a total value of $124,134.73. Following the completion of the transaction, the director now directly owns 58,997 shares of the company’s stock, valued at approximately $5,132,149.03. This represents a 2.36 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 18.90% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on ESQ. Raymond James lowered Esquire Financial from a “strong-buy” rating to a “market perform” rating in a research report on Friday, January 24th. Piper Sandler upped their price objective on shares of Esquire Financial from $85.00 to $91.00 and gave the stock an “overweight” rating in a report on Monday, January 27th. Finally, Keefe, Bruyette & Woods reiterated a “market perform” rating and set a $85.00 price target (up previously from $80.00) on shares of Esquire Financial in a research report on Monday, January 27th.

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.