Esquire Financial Holdings (ESQ) Gets a Buy from Piper Sandler

Piper Sandler analyst Justin Crowley reiterated a Buy rating on Esquire Financial Holdings (ESQ – Research Report) today and set a price target of $61.00. The company’s shares closed last Friday at $49.12.

According to TipRanks, Crowley is a 3-star analyst with an average return of 3.3% and a 60.87% success rate. Crowley covers the Financial sector, focusing on stocks such as Heartland BancCorp, Northeast Community Bancorp, and BCB Bancorp.

Currently, the analyst consensus on Esquire Financial Holdings is a Moderate Buy with an average price target of $61.50, implying a 25.20% upside from current levels. In a report released yesterday, KBW also reiterated a Buy rating on the stock with a $62.00 price target.

ESQ market cap is currently $407.3M and has a P/E ratio of 10.56.

Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ESQ in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Esquire Financial Holdings (ESQ) Company Description:

Esquire Financial Holdings, Inc. engages in the provision of banking and financial solutions. It offers commercial banking services which serves the financial needs of the legal industry and small business communities, and commercial and retail customers in the New York metropolitan market. The firm specializes in commercial and consumer loans. The company was founded in 2006 and is headquartered in Baltimore, MD.