ESSA Bancorp, Inc. (ESSA) to Release Earnings on Tuesday
ESSA Bancorp (NASDAQ:ESSA) last released its quarterly earnings results on Wednesday, July 26th. The financial services provider reported $0.16 earnings per share for the quarter. The business had revenue of $13.28 million for the quarter. ESSA Bancorp had a net margin of 10.35% and a return on equity of 3.97%. 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) opened at 15.71 on Tuesday. The company has a market cap of $167.75 million, a PE ratio of 24.55 and a beta of 0.27. The company has a 50-day moving average of $15.30 and a 200 day moving average of $14.95. ESSA Bancorp, Inc. has a 12-month low of $12.93 and a 12-month high of $16.91.
The firm also recently disclosed a quarterly dividend, which was paid on Saturday, September 30th. Shareholders of record on Saturday, September 16th were given a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 2.29%. The ex-dividend date of this dividend was Thursday, September 14th. ESSA Bancorp’s dividend payout ratio (DPR) is presently 57.14%.
In other news, insider Gary S. Olson sold 3,624 shares of the stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $15.97, for a total transaction of $57,875.28. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders have sold a total of 43,624 shares of company stock worth $653,635 in the last three months. Corporate insiders own 12.39% of the company’s stock.
An institutional investor recently raised its position in ESSA Bancorp stock. State Street Corp lifted its position in shares of ESSA Bancorp, Inc. (NASDAQ:ESSA) by 4.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 125,466 shares of the financial services provider’s stock after buying an additional 5,201 shares during the quarter. State Street Corp owned approximately 1.17% of ESSA Bancorp worth $1,846,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 42.93% of the company’s stock.
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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