Esquire Financial Holdings, Inc. (NASDAQ:ESQ - Free Report) - Keefe, Bruyette & Woods issued their Q3 2026 earnings per share (EPS) estimates for Esquire Financial in a report issued on Thursday, October 15th. Keefe, Bruyette & Woods analyst T. Switzer expects that the company will post earnings per share of $1.83 for the quarter. The consensus estimate for Esquire Financial's current full-year earnings is $7.10 per share.
Several other research analysts have also commented on the company. Wall Street Zen upgraded Esquire Financial from a "sell" rating to a "hold" rating in a report on Saturday, August 8th. Weiss Ratings raised shares of Esquire Financial from a "buy (b+)" rating to a "buy (a-)" rating in a report on Monday. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Esquire Financial currently has an average rating of "Buy" and an average target price of $120.33.
Read Our Latest Stock Analysis on ESQ
Esquire Financial Stock Up 0.9%
Shares of ESQ opened at $118.95 on Friday. Esquire Financial has a 52-week low of $92.10 and a 52-week high of $134.82. The company has a market capitalization of $1.44 billion, a PE ratio of 19.63 and a beta of 0.40. The stock has a fifty day simple moving average of $119.85 and a two-hundred day simple moving average of $116.36.
Esquire Financial (NASDAQ:ESQ - Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The company reported $1.60 earnings per share for the quarter, topping analysts' consensus estimates of $1.56 by $0.04. The company had revenue of $42.13 million for the quarter, compared to analyst estimates of $41.59 million. Esquire Financial had a return on equity of 18.22% and a net margin of 29.30%.
Institutional Investors Weigh In On Esquire Financial
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new stake in shares of Esquire Financial during the 2nd quarter worth about $71,659,000. Basswood Capital Management L.L.C. acquired a new position in Esquire Financial in the second quarter valued at about $44,001,000. Copeland Capital Management LLC boosted its stake in Esquire Financial by 14.7% during the first quarter. Copeland Capital Management LLC now owns 304,647 shares of the company's stock worth $32,750,000 after buying an additional 39,097 shares during the period. Ampfield Management L.P. boosted its stake in Esquire Financial by 23.0% during the first quarter. Ampfield Management L.P. now owns 233,216 shares of the company's stock worth $25,071,000 after buying an additional 43,633 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in shares of Esquire Financial by 2.5% during the first quarter. Dimensional Fund Advisors LP now owns 200,807 shares of the company's stock valued at $21,586,000 after acquiring an additional 4,825 shares during the last quarter. Hedge funds and other institutional investors own 54.66% of the company's stock.
Insider Activity at Esquire Financial
In related news, CEO Andrew C. Sagliocca sold 10,000 shares of the company's stock in a transaction that occurred on Friday, September 18th. The stock was sold at an average price of $122.73, for a total value of $1,227,300.00. Following the transaction, the chief executive officer directly owned 288,798 shares in the company, valued at approximately $35,444,178.54. This represents a 3.35% 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 Robert Mitzman sold 3,000 shares of the stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $129.60, for a total value of $388,800.00. Following the completion of the transaction, the director owned 139,679 shares of the company's stock, valued at $18,102,398.40. The trade was a 2.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 13.90% of the stock is currently owned by insiders.
Esquire Financial Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th were issued a dividend of $0.20 per share. The ex-dividend date was Friday, August 14th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.7%. Esquire Financial's dividend payout ratio (DPR) is currently 13.20%.
Esquire Financial Company Profile
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Get Free Report)
Esquire Financial Holdings, Inc is the bank holding company for Esquire Bank, a commercial bank headquartered in Jericho, New York. Founded in 2006, Esquire Bank focuses on serving the financial needs of law firms, attorneys and other professionals, as well as small and medium-sized businesses and individual customers.
The bank offers commercial and consumer banking products, including business and personal deposit accounts, commercial real estate and business loans, lines of credit, legal-industry financing, residential mortgage loans and treasury management services.
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