ESSA Bancorp, Inc. (ESSA) to Release Earnings on Tuesday
ESSA Bancorp (NASDAQ:ESSA) last issued its quarterly earnings data on Wednesday, April 26th. The financial services provider reported $0.15 earnings per share (EPS) for the quarter. ESSA Bancorp had a net margin of 10.80% and a return on equity of 4.19%. The company had revenue of $13.09 million during the quarter. On average, analysts expect ESSA Bancorp to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of ESSA Bancorp, Inc. (ESSA) traded down 0.99% during midday trading on Friday, hitting $15.03. 19,159 shares of the stock traded hands. The stock has a market capitalization of $159.20 million, a P/E ratio of 22.10 and a beta of 0.26. The firm has a 50-day moving average price of $14.95 and a 200-day moving average price of $15.20. ESSA Bancorp, Inc. has a 52 week low of $12.93 and a 52 week high of $16.91.
The business also recently announced a quarterly dividend, which was paid on Friday, June 30th. Investors of record on Friday, June 16th were given a dividend of $0.09 per share. The ex-dividend date of this dividend was Wednesday, June 14th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 2.40%. ESSA Bancorp’s payout ratio is presently 53.73%.
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In other ESSA Bancorp news, insider V Gail Bryant sold 5,000 shares of the business’s stock in a transaction on Tuesday, May 2nd. The shares were sold at an average price of $14.92, for a total transaction of $74,600.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Daniel J. Henning sold 3,200 shares of the business’s stock in a transaction on Thursday, May 25th. The shares were sold at an average price of $14.65, for a total transaction of $46,880.00. Following the sale, the director now owns 62,261 shares of the company’s stock, valued at approximately $912,123.65. The disclosure for this sale can be found here. Insiders have sold a total of 18,487 shares of company stock valued at $273,118 in the last 90 days. 12.39% of the stock is currently owned by company insiders.
A number of brokerages have commented on ESSA. Maxim Group restated a “hold” rating on shares of ESSA Bancorp in a research note on Wednesday, April 19th. TheStreet lowered shares of ESSA Bancorp from a “b” rating to a “c+” rating in a research note on Wednesday, May 17th.
ESSA Bancorp Company Profile
ESSA Bancorp, Inc is a holding company for ESSA Bank & Trust (the Bank). The Bank is a community-oriented savings bank. The Bank provides financial services to individuals, families and businesses through its banking offices, located in Monroe, Northampton, Lehigh, Lackawanna, Luzerne, Chester, Delaware and Montgomery Counties, Pennsylvania.
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