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

Esquire Financial (NASDAQ:ESQ - Get Free Report) is anticipated to issue its Q1 2025 quarterly earnings data before the market opens on Thursday, April 24th. Analysts expect the company to announce earnings of $1.30 per share and revenue of $30.71 million for the quarter.

Esquire Financial (NASDAQ:ESQ - Get Free Report) last posted its quarterly earnings results on Thursday, January 23rd. The company reported $1.37 earnings per share for the quarter, missing the consensus estimate of $1.38 by ($0.01). Esquire Financial had a net margin of 31.58% and a return on equity of 19.93%. 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 Up 4.6 %

Shares of NASDAQ:ESQ traded up $3.61 during trading on Tuesday, hitting $82.78. The stock had a trading volume of 90,068 shares, compared to its average volume of 46,371. Esquire Financial has a 12-month low of $44.55 and a 12-month high of $90.18. The stock has a market capitalization of $698.00 million, a price-to-earnings ratio of 16.04 and a beta of 0.52. The stock has a 50-day simple moving average of $76.40 and a two-hundred day simple moving average of $76.46.

Esquire Financial Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were given a dividend of $0.175 per share. The ex-dividend date was Friday, February 14th. This is a positive change from Esquire Financial's previous quarterly dividend of $0.15. This represents a $0.70 dividend on an annualized basis and a yield of 0.85%. Esquire Financial's dividend payout ratio (DPR) is currently 13.57%.

Analyst Ratings Changes

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

Insider Activity

In other news, Director Selig Zises sold 20,000 shares of the business's stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $77.59, for a total transaction of $1,551,800.00. Following the completion of the sale, the director now owns 35,501 shares of the company's stock, valued at $2,754,522.59. The trade was a 36.04 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Richard T. Powers sold 1,427 shares of the firm's stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $86.99, for a total transaction of $124,134.73. Following the completion of the transaction, the director now directly owns 58,997 shares in the company, valued at $5,132,149.03. This represents a 2.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 18.90% of the company's stock.

About Esquire Financial

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.