New insider activity at Esquire Financial Holdings ( (ESQ) ) has taken place on February 8, 2025.
Director Richard T Powers recently sold 1,427 shares of Esquire Financial Holdings stock, generating a total sale value of $124,134.
Recent Updates on ESQ stock
Esquire Financial Holdings has seen notable developments, with Piper Sandler raising its price target to $91 due to the company’s strong Q4 earnings performance, including an EPS of $1.37, which was slightly below consensus but aligned with expectations. The firm’s consistent growth, high profitability, and excellent credit profile were highlighted as reasons for the upward revision. Keefe Bruyette also increased its price target to $85, acknowledging the company’s stable net interest income. Conversely, Raymond James downgraded Esquire to Market Perform, citing valuation concerns following a sharp 30% stock rally, driven by potentially lower Federal Reserve rate cut expectations and enhanced growth prospects. The downgrade reflects concerns that future rate cuts could impact Esquire’s earnings and valuation. Overall, Esquire achieved record earnings for 2024, with significant growth in commercial loans and deposits, maintaining strong returns on assets and equity, and a robust net interest margin of 6.06%.
More about Esquire Financial Holdings
YTD Price Performance: 12.68%
Average Trading Volume: 70,877
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $732.3M
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