Esquire Financial (NASDAQ:ESQ – Get Free Report) was downgraded by stock analysts at Keefe, Bruyette & Woods from an “outperform” rating to a “market perform” rating in a note issued to investors on Wednesday, Marketbeat reports. They currently have a $72.00 price objective on the stock, up from their prior price objective of $68.00. Keefe, Bruyette & Woods’ price target would indicate a potential upside of 17.40% from the stock’s current price.
Esquire Financial Stock Performance
Shares of Esquire Financial stock opened at $61.33 on Wednesday. The company’s fifty day moving average is $59.95 and its two-hundred day moving average is $52.10. Esquire Financial has a 1 year low of $43.24 and a 1 year high of $66.18. The company has a market capitalization of $508.61 million, a P/E ratio of 13.19 and a beta of 0.70.
Esquire Financial (NASDAQ:ESQ – Get Free Report) last posted its quarterly earnings data on Thursday, July 25th. The company reported $1.25 EPS for the quarter, beating the consensus estimate of $1.21 by $0.04. The firm had revenue of $33.66 million during the quarter, compared to the consensus estimate of $29.99 million. Esquire Financial had a return on equity of 19.92% and a net margin of 31.36%. As a group, equities analysts expect that Esquire Financial will post 5.13 earnings per share for the current year.
Institutional Investors Weigh In On Esquire Financial
Esquire Financial Company Profile
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.
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