ESSA Bancorp (ESSA) Scheduled to Post Quarterly Earnings on Wednesday

ESSA Bancorp (NASDAQ:ESSA) will be posting its quarterly earnings results on Wednesday, April 24th.

ESSA Bancorp (NASDAQ:ESSA) last announced its quarterly earnings results on Wednesday, January 24th. The financial services provider reported $0.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.01). ESSA Bancorp had a return on equity of 8.22% and a net margin of 17.88%. The firm had revenue of $28.05 million for the quarter, compared to analysts’ expectations of $17.60 million. On average, analysts expect ESSA Bancorp to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

ESSA Bancorp Stock Performance

Shares of NASDAQ ESSA opened at $16.00 on Tuesday. The company’s fifty day moving average price is $17.48 and its 200 day moving average price is $17.62. ESSA Bancorp has a 1 year low of $12.79 and a 1 year high of $20.87. The company has a market capitalization of $162.08 million, a PE ratio of 8.65 and a beta of 0.31. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.90 and a current ratio of 0.90.

ESSA Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 3.75%. The ex-dividend date of this dividend was Thursday, March 14th. ESSA Bancorp’s payout ratio is currently 32.43%.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of ESSA Bancorp from a “sell” rating to a “hold” rating in a research report on Tuesday, February 27th.

About ESSA Bancorp

ESSA Bancorp, Inc operates as a bank holding company for ESSA Bank & Trust that provides a range of financial services to individuals, families, and businesses in Pennsylvania. The company accepts savings accounts, interest bearing demand accounts, checking accounts, money market accounts, club accounts, certificates of deposit and IRAs, and other qualified plan accounts, as well as commercial checking accounts.