ESSA Bancorp (ESSA) Stock Price, News & Analysis

Company Overview

ESSA Bancorp, Inc. operates as a bank holding company for ESSA Bank & Trust that provides a range of financial services to individuals, families, and businesses in Pennsylvania. The company accepts savings accounts, interest bearing demand accounts, checking accounts, money market accounts, club accounts, certificates of deposit and IRAs, and other qualified plan accounts, as well as commercial checking accounts. It also provides first mortgage loans for the purchase, construction, or refinancing of one- to four-family residential real estate property; commercial real estate loans; home equity loans and lines of credit; auto loans; and commercial and other consumer loans, as well as loans secured by deposits and personal unsecured loans. In addition, the company offers insurance benefits consulting services, such as health insurance, life insurance, short term and long term disability, dental, vision, 401(K) retirement planning, and individual health products, as well as asset management and trust, and investment services. It operates community offices in Monroe County, Lehigh County, Northampton County, Lackawanna County, Luzerne County, Chester County, Delaware County, and Montgomery County. ESSA Bancorp, Inc. was founded in 1916 and is headquartered in Stroudsburg, Pennsylvania.

Key Stats

• Today's Range: $20.04 to $20.33
• 50-Day Range: $18.04 to $20.75
• 52-Week Range: $15.29 to $21.50
• Volume: 6,686 shs
• Average Volume: 13,087 shs
• Market Capitalization: $204.63 million
• P/E Ratio: 11.35
• Dividend Yield: 2.97%
• Price Target: N/A
• Consensus Rating: N/A

ESSA Bancorp Stock Analysis - MarketRank™

ESSA Bancorp scored higher than 50% of companies evaluated by MarketBeat, and ranked 656th out of 963 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: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for ESSA Bancorp.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of ESSA Bancorp is 11.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 109.33.

Price to Earnings Ratio vs. Sector

The P/E ratio of ESSA Bancorp is 11.35, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 25.81.

Price to Book Value per Share Ratio

ESSA Bancorp has a P/B Ratio of 0.96. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.30% of the float of ESSA Bancorp has been sold short.

Short Interest Ratio / Days to Cover

ESSA Bancorp has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in ESSA Bancorp has recently decreased by 18.42%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

ESSA Bancorp pays a meaningful dividend of 2.97%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

ESSA Bancorp does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of ESSA Bancorp is 33.71%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

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

Percentage of Shares Shorted

0.30% of the float of ESSA Bancorp has been sold short.

Short Interest Ratio / Days to Cover

ESSA Bancorp has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in ESSA Bancorp has recently decreased by 18.42%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.2 / 5
• News Sentiment: 0.17

News Sentiment

ESSA Bancorp has a news sentiment score of 0.17. 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 lower news sentiment than the 0.68 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for ESSA Bancorp this week, compared to 2 articles on an average week.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, ESSA Bancorp insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 7.48% of the stock of ESSA Bancorp is held by insiders.

Percentage Held by Institutions

54.15% of the stock of ESSA Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ESSA Stock Analysis - Frequently Asked Questions

How have ESSA shares performed this year?

ESSA Bancorp's stock was trading at $20.02 at the beginning of the year. Since then, ESSA shares have increased by 0.9% and is now trading at $20.20.
View the best growth stocks for 2024 here.

How were ESSA Bancorp's earnings last quarter?

ESSA Bancorp, Inc. (NASDAQ:ESSA) released its quarterly earnings results on Wednesday, January, 24th. The financial services provider reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.46 by $0.01. The financial services provider earned $28.05 million during the quarter, compared to the consensus estimate of $17.60 million. ESSA Bancorp had a trailing twelve-month return on equity of 7.61% and a net margin of 15.22%.

Who are ESSA Bancorp's major shareholders?

ESSA Bancorp's top institutional shareholders include The Manufacturers Life Insurance Company (2.76%), Geode Capital Management LLC (1.84%), State Street Corp (1.15%) and Empowered Funds LLC (0.47%). Insiders that own company stock include Robert C Selig Jr, Thomas J Grayuski and Peter A Gray.
View institutional ownership trends.

How do I buy shares of ESSA Bancorp?

Shares of ESSA 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 ESSA Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some other companies that ESSA Bancorp investors own include American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH), AUO (AUOTY), iShares Micro-Cap ETF (IWC) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 1/24/2024
• Ex-Dividend for 9/30 Dividend: 9/16/2024
• Dividend Payable: 9/30/2024
• Today: 11/17/2024
• Next Earnings (Estimated): 1/22/2025
• Fiscal Year End: 9/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Savings institutions, except federal
• Sub-Industry: Thrifts & Mortgage Finance
• Current Symbol: NASDAQ:ESSA
• CUSIP: 29667D10
• CIK: 1382230
• Web: ir.essabank.com
• Phone: (570) 421-0531
• Fax: 516-466-3132
• Employees: 250
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $1.78
• Trailing P/E Ratio: 11.35
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $16.99 million
• Net Margins: 15.22%
• Pretax Margin: 19.57%
• Return on Equity: 7.61%
• Return on Assets: 0.77%

Debt

• Debt-to-Equity Ratio: 0.04
• Current Ratio: 0.94
• Quick Ratio: 0.94

Sales & Book Value

• Annual Sales: $111.66 million
• Price / Sales: 1.83
• Cash Flow: $1.75 per share
• Price / Cash Flow: 11.55
• Book Value: $21.12 per share
• Price / Book: 0.96

Miscellaneous

• Outstanding Shares: 10,130,000
• Free Float: 9,374,000
• Market Cap: $204.63 million
• Optionable: Optionable
• Beta: 0.37