Essa Bancorp Inc. (ESSA) Director Sells $86,455.88 in Stock
Essa Bancorp Inc. (NASDAQ:ESSA) Director William A. Viechnicki sold 6,202 shares of the stock in a transaction dated Friday, September 16th. The stock was sold at an average price of $13.94, for a total transaction of $86,455.88. Following the sale, the director now owns 14,853 shares of the company’s stock, valued at approximately $207,050.82. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of Essa Bancorp Inc. (NASDAQ:ESSA) opened at 13.86 on Wednesday. Essa Bancorp Inc. has a 12 month low of $12.69 and a 12 month high of $14.22. The company’s 50 day moving average is $13.84 and its 200-day moving average is $13.65. The firm has a market cap of $144.50 million, a PE ratio of 17.11 and a beta of 0.20.
Essa Bancorp (NASDAQ:ESSA) last issued its earnings results on Wednesday, July 27th. The financial services provider reported $0.20 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.22 by $0.02. Essa Bancorp had a return on equity of 5.01% and a net margin of 12.95%. Equities research analysts predict that Essa Bancorp Inc. will post $0.86 EPS for the current year.
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The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 30th. Shareholders of record on Friday, September 16th will be given a dividend of $0.09 per share. The ex-dividend date of this dividend is Wednesday, September 14th. This represents a $0.36 dividend on an annualized basis and a yield of 2.60%. Essa Bancorp’s dividend payout ratio (DPR) is 44.44%.
Essa Bancorp Company Profile
ESSA Bancorp, Inc is the Pennsylvania-chartered stock holding company of ESSA Bank & Trust (the Bank). The Company provides financial services to individuals, families and businesses through its approximately 30 full-service banking offices, located in Monroe, Northampton and Lehigh counties, Pennsylvania.
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