Esquire Financial (ESQ) Stock Price, News & Analysis

Company Overview

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. It also provides commercial loans, such as short-term financing for inventory, receivables, the purchase of supplies, or other operating needs arising during the normal course of business, as well as loans to its qualified ISO customers; commercial lines of credit; consumer loans consisting of post-settlement consumer and structured settlement loans to plaintiffs and claimants, as well as loans to individuals for debt consolidation, medical expenses, living expenses, payment of outstanding bills, or other consumer needs; and real estate loans, such as multifamily, 1-4 family residential, commercial real estate, and construction loans, as well as merchant services. In addition, it offers cash management, cash sweep, online and mobile banking, individual retirement accounts, and working capital lines of credit. Esquire Financial Holdings, Inc. was founded in 2006 and is headquartered in Jericho, New York.

Key Stats

• Today's Range: $77.41 to $80.61
• 50-Day Range: $61.70 to $79.62
• 52-Week Range: $44.45 to $80.89
• Volume: 24,771 shs
• Average Volume: 33,948 shs
• Market Capitalization: $660.69 million
• P/E Ratio: 15.98
• Dividend Yield: 0.76%
• Price Target: $71.67
• Consensus Rating: Buy

Esquire Financial Stock Analysis - MarketRank™

Esquire Financial scored higher than 55% of companies evaluated by MarketBeat, and ranked 601st out of 959 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

Esquire Financial has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Esquire Financial has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 6.56%

Earnings Growth

Earnings for Esquire Financial are expected to grow by 6.56% in the coming year, from $5.18 to $5.52 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Esquire Financial is 15.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.54.

Price to Earnings Ratio vs. Sector

The P/E ratio of Esquire Financial is 15.64, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 48.86.

Price to Book Value per Share Ratio

Esquire Financial has a P/B Ratio of 3.21. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.45% of the float of Esquire Financial has been sold short.

Short Interest Ratio / Days to Cover

Esquire Financial has a short interest ratio ("days to cover") of 8.1.

Change versus previous month

Short interest in Esquire Financial has recently decreased by 1.03%, indicating that investor sentiment is improving.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Esquire Financial has a dividend yield of 0.76%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Esquire Financial does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Esquire Financial is 12.07%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Esquire Financial will have a dividend payout ratio of 10.87% next year. This indicates that Esquire Financial will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.45% of the float of Esquire Financial has been sold short.

Short Interest Ratio / Days to Cover

Esquire Financial has a short interest ratio ("days to cover") of 8.1.

Change versus previous month

Short interest in Esquire Financial has recently decreased by 1.03%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: N/A

News Sentiment

Esquire Financial has a news sentiment score of 1.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.77 average news sentiment score of Finance companies.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Esquire Financial insiders have sold 1,138.23% more of their company's stock than they have bought. Specifically, they have bought $49,600.00 in company stock and sold $614,160.00 in company stock.

Percentage Held by Insiders

18.90% of the stock of Esquire Financial is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

54.66% of the stock of Esquire Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ESQ Stock Analysis - Frequently Asked Questions

How have ESQ shares performed this year?

Esquire Financial's stock was trading at $49.96 at the beginning of 2024. Since then, ESQ shares have increased by 55.6% and is now trading at $77.75.
View the best growth stocks for 2024 here.

How were Esquire Financial's earnings last quarter?

Esquire Financial Holdings, Inc. (NASDAQ:ESQ) posted its quarterly earnings data on Thursday, July, 25th. The company reported $1.25 EPS for the quarter, topping the consensus estimate of $1.21 by $0.04. The company had revenue of $33.66 million for the quarter, compared to the consensus estimate of $29.99 million. Esquire Financial had a net margin of 31.38% and a trailing twelve-month return on equity of 19.53%.

When did Esquire Financial IPO?

Esquire Financial (ESQ) raised $39 million in an initial public offering (IPO) on Tuesday, June 27th 2017. The company issued 2,600,000 shares at $14.00-$16.00 per share. Sandler O’Neill & Partners acted as the underwriter for the IPO.

Who are Esquire Financial's major shareholders?

Esquire Financial's top institutional shareholders include Wasatch Advisors LP (6.81%), Basswood Capital Management L.L.C. (3.23%), Geode Capital Management LLC (2.19%) and State Street Corp (1.74%). Insiders that own company stock include Selig Zises, Richard T Powers, Rena Nigam and Michael Lacapria.
View institutional ownership trends.

How do I buy shares of Esquire Financial?

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

What other stocks do shareholders of Esquire Financial own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Esquire Financial investors own include Waste Connections (WCN), The RMR Group (RMR), American Water Works (AWK), DiamondRock Hospitality (DRH), AUO (AUOTY), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 7/25/2024
• Ex-Dividend for 12/2 Dividend: 11/15/2024
• Dividend Payable: 12/02/2024
• Today: 12/18/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Commercial banks, not elsewhere classified
• Sub-Industry: Banking
• Current Symbol: NASDAQ:ESQ
• Previous Symbol: NYSE:ESQ
• CUSIP: N/A
• CIK: 1531031
• Web: www.esquirebank.com
• Phone: (516) 535-2002
• Fax: 516-535-5825
• Employees: 110
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $71.67
• High Stock Price Target: $80.00
• Low Stock Price Target: $60.00
• Potential Upside/Downside: -7.8%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $4.97
• Trailing P/E Ratio: 15.64
• Forward P/E Ratio: 15.01
• P/E Growth: N/A
• Net Income: $41.01 million
• Net Margins: 31.38%
• Pretax Margin: 42.92%
• Return on Equity: 19.53%
• Return on Assets: 2.47%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.93
• Quick Ratio: 0.93

Sales & Book Value

• Annual Sales: $120.71 million
• Price / Sales: 5.36
• Cash Flow: $4.80 per share
• Price / Cash Flow: 16.19
• Book Value: $24.20 per share
• Price / Book: 3.21

Miscellaneous

• Outstanding Shares: 8,321,000
• Free Float: 6,748,000
• Market Cap: $646.96 million
• Optionable: Not Optionable
• Beta: 0.74