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

Esquire Financial Holdings, Inc. (NASDAQ:ESQ) announced a quarterly dividend on Thursday, October 29th. Shareholders of record on Friday, November 13th will be given a dividend of $0.20 per share on Tuesday, December 1st. This represents a $0.80 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Friday, November 13th.

Esquire Financial has a dividend payout ratio of 13.2% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Esquire Financial to earn $9.02 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 8.9%.

Esquire Financial Trading Down 1.2%

Shares of ESQ opened at $131.84 on Wednesday. The business’s 50 day moving average is $121.40 and its 200 day moving average is $115.12. The company has a market capitalization of $1.60 billion, a PE ratio of 21.94 and a beta of 0.36. Esquire Financial has a 12-month low of $94.00 and a 12-month high of $134.82.

Esquire Financial (NASDAQ:ESQ) last released its earnings results on Tuesday, October 27th. The company reported $2.12 EPS for the quarter, topping the consensus estimate of $1.89 by $0.23. The firm had revenue of $61.39 million for the quarter, compared to the consensus estimate of $59.93 million. Esquire Financial had a net margin of 26.92% and a return on equity of 21.49%. Equities research analysts predict that Esquire Financial will post 7.49 earnings per share for the current year.

Esquire Financial Company Profile

Esquire Financial Holdings, Inc. is the bank holding company for Esquire Bank, a community bank focused on serving the legal industry and small businesses. The bank offers commercial banking services, including business deposit accounts and lending, as well as payment-processing solutions. Esquire Bank provides financing to law firms and businesses connected to the legal sector, including litigation-related lending. It also serves small businesses with banking and working-capital solutions. Its specialized focus distinguishes it from banks serving a broader range of commercial customers.