How have ESSA shares performed in 2024?

ESSA Bancorp's stock was trading at $20.02 at the beginning of 2024. Since then, ESSA stock has decreased by 18.5% and is now trading at $16.32. View the best growth stocks for 2024 here .

Are investors shorting ESSA Bancorp?

ESSA Bancorp saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 23,100 shares, a drop of 62.3% from the March 15th total of 61,200 shares. Based on an average trading volume of 13,200 shares, the days-to-cover ratio is presently 1.8 days. Currently, 0.3% of the company's shares are short sold. View ESSA Bancorp's Short Interest .

When is ESSA Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024. View our ESSA earnings forecast .

How were ESSA Bancorp's earnings last quarter?

ESSA Bancorp, Inc. (NASDAQ:ESSA) released its quarterly earnings data on Wednesday, January, 24th. The financial services provider reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by $0.01. The financial services provider earned $28.05 million during the quarter, compared to the consensus estimate of $17.60 million. ESSA Bancorp had a trailing twelve-month return on equity of 8.22% and a net margin of 17.88%.

How often does ESSA Bancorp pay dividends? What is the dividend yield for ESSA Bancorp?

ESSA Bancorp declared a quarterly dividend on Tuesday, February 27th. Shareholders of record on Friday, March 15th will be paid a dividend of $0.15 per share on Friday, March 29th. This represents a $0.60 dividend on an annualized basis and a yield of 3.68%. The ex-dividend date is Thursday, March 14th. Read our dividend analysis for ESSA .

Is ESSA Bancorp a good dividend stock?

ESSA Bancorp (NASDAQ:ESSA) pays an annual dividend of $0.60 per share and currently has a dividend yield of 3.55%. The dividend payout ratio is 32.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ESSA will have a dividend payout ratio of 29.41% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ESSA .

What is Gary S. Olson's approval rating as ESSA Bancorp's CEO?

7 employees have rated ESSA Bancorp Chief Executive Officer Gary S. Olson on Glassdoor.com . Gary S. Olson has an approval rating of 64% among the company's employees.

What other stocks do shareholders of ESSA Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other ESSA Bancorp investors own include General Electric (GE) , Freeport-McMoRan (FCX) , Exxon Mobil (XOM) , Aspen Technology (AZPN) , First Horizon (FHN) , Huntington Bancshares (HBAN) , KeyCorp (KEY) , Markel Group (MKL) , Marathon Petroleum (MPC) and PacWest Bancorp (PACW) .

Who are ESSA Bancorp's major shareholders?

ESSA Bancorp's stock is owned by a variety of institutional and retail investors. Top institutional investors include Beese Fulmer Investment Management Inc. (0.17%) and Northeast Financial Group Inc. (0.15%). Insiders that own company stock include Peter A Gray, Peter A Gray and Robert C Selig Jr . View institutional ownership trends .

How do I buy shares of ESSA Bancorp?

Shares of ESSA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:ESSA

ESSA Bancorp (ESSA) Stock Price, News & Analysis

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$16.32

+0.32 (+2.00%)

(As of 04/23/2024 ET)

Compare

Today's Range: $16.19
▼
$16.40
50-Day Range: $16.00
▼
$18.65
52-Week Range: $12.79
▼
$20.87

Volume: 15,354 shs
Average Volume: 11,373 shs
Market Capitalization: $165.32 million

P/E Ratio: 8.82
Dividend Yield: 3.68%
Price Target: N/A

Get ESSA Bancorp alerts:

ESSA Bancorp MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.28% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.11
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 21.43%
From $1.68 to $2.04 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.23 out of 5 stars

Finance Sector

219th out of 829 stocks

Savings Institutions, Except Federal Industry

4th out of 18 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for ESSA Bancorp.

5.0

Short Interest

Percentage of Shares Shorted
0.28% of the float of ESSA Bancorp has been sold short.
Short Interest Ratio / Days to Cover
ESSA Bancorp has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in ESSA Bancorp has recently decreased by 62.25%, indicating that investor sentiment is improving significantly.

3.3

Dividend Strength

Dividend Leadership
ESSA Bancorp is a leading dividend payer. It pays a dividend yield of 3.55%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
ESSA Bancorp does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of ESSA Bancorp is 32.43%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, ESSA Bancorp will have a dividend payout ratio of 29.41% next year. This indicates that ESSA Bancorp will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ESSA.

1.7

News and Social Media Coverage

News Sentiment
ESSA Bancorp has a news sentiment score of 0.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for ESSA Bancorp this week, compared to 2 articles on an average week.
MarketBeat Follows
Only 1 people have added ESSA Bancorp to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, ESSA Bancorp insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 7.48% of the stock of ESSA Bancorp is held by insiders.
Percentage Held by Institutions
54.15% of the stock of ESSA Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8

Earnings and Valuation

Earnings Growth
Earnings for ESSA Bancorp are expected to grow by 21.43% in the coming year, from $1.68 to $2.04 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of ESSA Bancorp is 8.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 148.63.
Price to Earnings Ratio vs. Sector
The P/E ratio of ESSA Bancorp is 8.82, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 62.93.
Price to Book Value per Share Ratio
ESSA Bancorp has a P/B Ratio of 0.77. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About ESSA Bancorp Stock (NASDAQ:ESSA)

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. It also provides first mortgage loans for the purchase, construction, or refinancing of one- to four-family residential real estate property; commercial real estate loans; home equity loans and lines of credit; auto loans; and commercial and other consumer loans, as well as loans secured by deposits and personal unsecured loans. In addition, the company offers insurance benefits consulting services, such as health insurance, life insurance, short term and long term disability, dental, vision, 401(K) retirement planning, and individual health products, as well as asset management and trust, and investment services. It operates community offices in Monroe County, Lehigh County, Northampton County, Lackawanna County, Luzerne County, Chester County, Delaware County, and Montgomery County. ESSA Bancorp, Inc. was founded in 1916 and is headquartered in Stroudsburg, Pennsylvania.

ESSA Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ESSA Stock News Headlines

April 21, 2024 | msn.com

UAE calls for international collaboration to solve global challenges

April 17, 2024 | theguardian.com

Brazilian woman arrested after taking corpse to sign bank loan: ‘She knew he was dead’

April 24, 2024 | GoldenCrest Metals (Ad)

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April 16, 2024 | msn.com

Bank of America surpreende com lucros do primeiro trimestre acima das expectativas

April 13, 2024 | msn.com

Veja os melhores bancos dos Estados Unidos em 2024

April 11, 2024 | msn.com

A bilionária que pode ser condenada à morte por fraude de R$ 220 bilhões no Vietnã

April 8, 2024 | msn.com

Boeing em baixa no pré-mercado com notícias do CEO e incidente em Denver; MicroStrategy ganha 11% com salto do BTC e outros destaques

April 3, 2024 | msn.com

Seis maiores bancos respondem por 75% do lucro, mas fintechs começam a ganhar espaço

April 24, 2024 | GoldenCrest Metals (Ad)

Exposed: How Big Banks Plan to Chain Your Wealth with Digital Dollars

Big Banks have declared war on your wallet. But it's not too late to fight back. Discover how to protect your assets from their latest maneuver.

March 29, 2024 | msn.com

Middle East crisis live: dozens reported killed in suspected Israeli airstrike on Hezbollah in Syria

March 28, 2024 | washingtonpost.com

Capping off graduation, a rodeo mishap and more of the week’s best photos

March 11, 2024 | msn.com

Start of Ramadan – Target Date for Hostage Deal – Arrives With 'No Deal on the Horizon'

March 7, 2024 | msn.com

Saudi Arabia Condemns Israel’s Approval of New Settlement Units in West Bank

March 6, 2024 | finance.yahoo.com

ESSA Bancorp (NASDAQ:ESSA) Has Announced A Dividend Of $0.15

March 1, 2024 | sfgate.com

The Latest | Gaza death toll tops 30,000 as over 100 killed in aid convoy violence

March 1, 2024 | msn.com

Gaza doctor says gunfire accounted for 80% of the wounds at his hospital from aid convoy bloodshed

February 29, 2024 | msn.com

Israel has killed 25,000 Palestinian women and children since October attacks, US says

February 29, 2024 | sfgate.com

Strike on Palestinians waiting for aid in Gaza kills and wounds dozens

February 29, 2024 | msn.com

Death toll in Gaza war passes 30,000, Health Ministry says

February 28, 2024 | finanznachrichten.de

ESSA Bancorp Inc.: ESSA Bancorp, Inc. Declares Quarterly Dividend

February 28, 2024 | msn.com

ESSA Bancorp, Inc. declares $0.15 dividend

February 27, 2024 | msn.com

Biden hopes cease-fire, hostage deal to pause Israel-Hamas war can take effect by next Monday

February 24, 2024 | msn.com

Compradores de carros não estão entusiasmados com os veículos elétricos; entenda os motivos

February 23, 2024 | msn.com

'Chips devem fazer da moeda chinesa o dólar do século 21', afirma executivo de banco asiático

February 20, 2024 | msn.com

Barclays anuncia prejuízo no quarto trimestre e lança ampla estratégia de revitalização

February 19, 2024 | msn.com

Siga esta regra e você sempre será o primeiro no metrô.

February 15, 2024 | msn.com

Honat Bancorp, Inc. goes ex dividend tomorrow

See More Headlines

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Company Calendar

Last Earnings: 1/24/2024
Ex-Dividend for 3/29 Dividend: 3/14/2024
Dividend Payable: 3/29/2024
Today: 4/23/2024
Next Earnings (Estimated): 4/24/2024
Fiscal Year End: 9/30/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: Savings institutions, except federal
Sub-Industry: Thrifts & Mortgage Finance
Current Symbol: NASDAQ:ESSA
CUSIP: 29667D10
CIK: 1382230
Web: ir.essabank.com
Phone: (570) 421-0531
Fax: 516-466-3132
Employees: 232
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $1.85
Trailing P/E Ratio: 8.82
Forward P/E Ratio: 9.71
P/E Growth: N/A
Net Income: $18.58 million
Net Margins: 17.88%
Pretax Margin: 22.24%
Return on Equity: 8.22%
Return on Assets: 0.83%

Debt

Debt-to-Equity Ratio: 0.05
Current Ratio: 0.90
Quick Ratio: 0.90

Sales & Book Value

Annual Sales: $93.40 million
Price / Sales: 1.77
Cash Flow: $1.69 per share
Price / Cash Flow: 9.67
Book Value: $21.12 per share
Price / Book: 0.77

Miscellaneous

Outstanding Shares: 10,130,000
Free Float: 9,374,000
Market Cap: $165.32 million
Optionable: Optionable
Beta: 0.31

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Key Executives

Mr. Gary S. Olson (Age 70)
President, CEO & Director
Comp: $1.02M
Mr. Peter A. Gray (Age 59)
Senior EVP & COO
Comp: $576.12k
Mr. Charles D. Hangen (Age 51)
Executive VP & Chief Risk Officer
Comp: $514.03k
Mr. Allan A. Muto (Age 64)
Executive VP & CFO
Comp: $471.65k
Stephanie Lefferson
Corporate Secretary & Investor and Community Relations
James V. Fareri
General Counsel
Mr. Thomas J. Grayuski (Age 63)
Chief Human Resource Officer & Senior VP
Comp: $227.68k
Mr. Robert L. Selitto
Senior VP & Controller

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ESSA Stock Analysis - Frequently Asked Questions

How have ESSA shares performed in 2024?: ESSA Bancorp's stock was trading at $20.02 at the beginning of 2024. Since then, ESSA stock has decreased by 18.5% and is now trading at $16.32.
View the best growth stocks for 2024 here.
Are investors shorting ESSA Bancorp?: ESSA Bancorp saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 23,100 shares, a drop of 62.3% from the March 15th total of 61,200 shares. Based on an average trading volume of 13,200 shares, the days-to-cover ratio is presently 1.8 days. Currently, 0.3% of the company's shares are short sold.
View ESSA Bancorp's Short Interest.
When is ESSA Bancorp's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our ESSA earnings forecast.
How were ESSA Bancorp's earnings last quarter?: ESSA Bancorp, Inc. (NASDAQ:ESSA) released its quarterly earnings data on Wednesday, January, 24th. The financial services provider reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by $0.01. The financial services provider earned $28.05 million during the quarter, compared to the consensus estimate of $17.60 million. ESSA Bancorp had a trailing twelve-month return on equity of 8.22% and a net margin of 17.88%.
How often does ESSA Bancorp pay dividends? What is the dividend yield for ESSA Bancorp?: ESSA Bancorp declared a quarterly dividend on Tuesday, February 27th. Shareholders of record on Friday, March 15th will be paid a dividend of $0.15 per share on Friday, March 29th. This represents a $0.60 dividend on an annualized basis and a yield of 3.68%. The ex-dividend date is Thursday, March 14th.
Read our dividend analysis for ESSA.
Is ESSA Bancorp a good dividend stock?: ESSA Bancorp (NASDAQ:ESSA) pays an annual dividend of $0.60 per share and currently has a dividend yield of 3.55%. The dividend payout ratio is 32.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ESSA will have a dividend payout ratio of 29.41% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ESSA.

What is Gary S. Olson's approval rating as ESSA Bancorp's CEO?: 7 employees have rated ESSA Bancorp Chief Executive Officer Gary S. Olson on Glassdoor.com. Gary S. Olson has an approval rating of 64% among the company's employees.
What other stocks do shareholders of ESSA Bancorp own?: Based on aggregate information from My MarketBeat watchlists, some companies that other ESSA Bancorp investors own include General Electric (GE), Freeport-McMoRan (FCX), Exxon Mobil (XOM), Aspen Technology (AZPN), First Horizon (FHN), Huntington Bancshares (HBAN), KeyCorp (KEY), Markel Group (MKL), Marathon Petroleum (MPC) and PacWest Bancorp (PACW).
Who are ESSA Bancorp's major shareholders?: ESSA Bancorp's stock is owned by a variety of institutional and retail investors. Top institutional investors include Beese Fulmer Investment Management Inc. (0.17%) and Northeast Financial Group Inc. (0.15%). Insiders that own company stock include Peter A Gray, Peter A Gray and Robert C Selig Jr.
View institutional ownership trends.
How do I buy shares of ESSA Bancorp?: Shares of ESSA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ESSA) was last updated on 4/24/2024 by MarketBeat.com Staff

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ESSA Bancorp (ESSA) Stock Price, News & Analysis

ESSA Bancorp MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About ESSA Bancorp Stock (NASDAQ:ESSA)

ESSA Stock Price History

ESSA Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

ESSA Stock Analysis - Frequently Asked Questions

Overall MarketRank^™