Esquire Financial Holdings, Inc. (ESQ) To Go Ex-Dividend on February 13th

Esquire Financial Holdings, Inc. (NASDAQ:ESQ) declared a quarterly dividend on Friday, January 30th. Investors of record on Friday, February 13th will be paid a dividend of 0.20 per share on Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Friday, February 13th. This is a 14.3% increase from Esquire Financial’s previous quarterly dividend of $0.18.

Esquire Financial has a payout ratio of 13.2% indicating that its dividend is sufficiently covered by earnings. Analysts expect Esquire Financial to earn $6.02 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 13.3%.

Esquire Financial Price Performance

Shares of Esquire Financial stock opened at $113.05 on Wednesday. The stock has a market capitalization of $968.84 million, a price-to-earnings ratio of 19.23 and a beta of 0.46. Esquire Financial has a 12 month low of $68.90 and a 12 month high of $134.82. The firm’s fifty day simple moving average is $107.32 and its 200-day simple moving average is $101.88.

Esquire Financial (NASDAQ:ESQ) last released its quarterly earnings results on Thursday, January 22nd. The company reported $1.55 earnings per share for the quarter, missing analysts’ consensus estimates of $1.56 by ($0.01). The firm had revenue of $39.40 million during the quarter, compared to analyst estimates of $31.93 million. Esquire Financial had a return on equity of 18.72% and a net margin of 30.90%. Analysts anticipate that Esquire Financial will post 5.52 earnings per share for the current year.

Esquire Financial Company Profile

Esquire Financial Holdings, Inc is a bank holding company whose principal subsidiary, Esquire Bank, specializes in residential mortgage lending and community banking services. Headquartered in Kansas City, Missouri, the company operates through multiple distribution channels, including retail branches, wholesale and correspondent lending divisions. Esquire Financial focuses on tailored home financing solutions while maintaining a community-oriented approach to banking.

In its mortgage lending business, Esquire Bank originates and services a range of home loan products, including government-insured mortgages (FHA, VA and USDA) as well as conventional conforming and jumbo loans.