ESSA Bancorp - ESSA Stock Forecast, Price & News

0 Wall Street research analysts have issued 1 year price objectives for ESSA Bancorp's shares. Their ESSA share price forecasts range from $17.00 to $17.00. On average, they predict the company's stock price to reach $17.00 in the next twelve months. This suggests that the stock has a possible downside of 17.6%.
View analysts price targets for ESSA or view top-rated stocks among Wall Street analysts.

ESSA Bancorp's stock was trading at $20.87 at the beginning of the year. Since then, ESSA shares have decreased by 1.2% and is now trading at $20.62.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
View our ESSA earnings forecast.

ESSA Bancorp, Inc. (NASDAQ:ESSA) issued its quarterly earnings results on Tuesday, October, 26th. The financial services provider reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.02. The financial services provider had revenue of $16.35 million for the quarter, compared to analysts' expectations of $15.50 million. ESSA Bancorp had a trailing twelve-month return on equity of 9.55% and a net margin of 27.05%.

ESSA Bancorp announced a quarterly dividend on Thursday, November 17th. Stockholders of record on Friday, December 16th will be paid a dividend of $0.15 per share on Friday, December 30th. This represents a $0.60 annualized dividend and a yield of 2.91%. The ex-dividend date of this dividend is Thursday, December 15th.
Read our dividend analysis for ESSA.

ESSA Bancorp (NASDAQ:ESSA) pays an annual dividend of $0.60 per share and currently has a dividend yield of 2.89%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 28.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ESSA will have a dividend payout ratio of 27.03% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ESSA.

7 employees have rated ESSA Bancorp Chief Executive Officer Gary S. Olson on Glassdoor.com. Gary S. Olson has an approval rating of 64% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other ESSA Bancorp investors own include General Electric (GE), Freeport-McMoRan (FCX), Exxon Mobil (XOM), Aspen Technology (AZPN), First Horizon (FHN), Huntington Bancshares (HBAN), KeyCorp (KEY), Markel (MKL), Marathon Petroleum (MPC) and PacWest Bancorp (PACW).

ESSA Bancorp trades on the NASDAQ under the ticker symbol "ESSA."

ESSA Bancorp's stock is owned by a variety of retail and institutional investors. Top institutional investors include Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Peter A Gray, Robert C Selig Jr and Thomas J Grayuski.
View institutional ownership trends.

Shares of ESSA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of ESSA stock can currently be purchased for approximately $20.62.

ESSA Bancorp (NASDAQ:ESSA) has a market capitalization of $214.45 million and generates $71.32 million in revenue each year. The financial services provider earns $20.07 million in net income (profit) each year or $2.08 on an earnings per share basis.

The company employs 234 workers across the globe.

ESSA Bancorp's mailing address is 200 Palmer Street, Stroudsburg PA, 18360. The official website for the company is ir.essabank.com. The financial services provider can be reached via phone at (570) 421-0531, via email at slefferson@essabank.com, or via fax at 516-466-3132.