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Elmira Savings Bank is a banks—regional business based in the US. Elmira Savings Bank shares (ESBK) are listed on the NASDAQ and all prices are listed in US Dollars. Elmira Savings Bank employs 123 staff and has a trailing 12-month revenue of around USD$21.1 million.
Since the stock market crash in March caused by coronavirus, Elmira Savings Bank's share price has had significant negative movement.
Its last market close was USD$11, which is 31.43% down on its pre-crash value of USD$16.041 and 4.64% down on the lowest point reached during the March crash when the shares fell as low as USD$11.51.
If you had bought USD$1,000 worth of Elmira Savings Bank shares at the start of February 2020, those shares would have been worth USD$715.20 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$666.71.
|Latest market close||USD$11|
|52-week range||USD$10.3 - USD$17.4|
|50-day moving average||USD$10.6753|
|200-day moving average||USD$11.1727|
|Wall St. target price||N/A|
|Dividend yield||USD$0.6 (5.71%)|
|Earnings per share (TTM)||USD$1.076|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-11-17)||1.76%|
|1 month (2020-10-27)||2.23%|
|3 months (2020-08-25)||4.27%|
|6 months (2020-05-23)||N/A|
|1 year (2019-11-25)||-26.11%|
|2 years (2018-11-23)||-44.58%|
|3 years (2017-11-24)||-46.60%|
|5 years (2015-11-25)||-42.11%|
Valuing Elmira Savings Bank stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Elmira Savings Bank's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Elmira Savings Bank's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, Elmira Savings Bank shares trade at around 11x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
|Revenue TTM||USD$21.1 million|
|Operating margin TTM||21.96%|
|Gross profit TTM||USD$20.5 million|
|Return on assets TTM||0.59%|
|Return on equity TTM||6.4%|
|Market capitalisation||USD$36.9 million|
TTM: trailing 12 months
There are currently 5,737 Elmira Savings Bank shares held short by investors – that's known as Elmira Savings Bank's "short interest". This figure is 19% down from 7,079 last month.
There are a few different ways that this level of interest in shorting Elmira Savings Bank shares can be evaluated.
Elmira Savings Bank's "short interest ratio" (SIR) is the quantity of Elmira Savings Bank shares currently shorted divided by the average quantity of Elmira Savings Bank shares traded daily (recently around 3929.4520547945). Elmira Savings Bank's SIR currently stands at 1.46. In other words for every 100,000 Elmira Savings Bank shares traded daily on the market, roughly 1460 shares are currently held short.
However Elmira Savings Bank's short interest can also be evaluated against the total number of Elmira Savings Bank shares, or, against the total number of tradable Elmira Savings Bank shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Elmira Savings Bank's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Elmira Savings Bank shares in existence, roughly 0 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable Elmira Savings Bank shares, roughly 0 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Elmira Savings Bank.
Find out more about how you can short Elmira Savings Bank stock.
Dividend payout ratio: 96.79% of net profits
Recently Elmira Savings Bank has paid out, on average, around 96.79% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.71% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Elmira Savings Bank shareholders could enjoy a 5.71% return on their shares, in the form of dividend payments. In Elmira Savings Bank's case, that would currently equate to about $0.6 per share.
Elmira Savings Bank's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Elmira Savings Bank's most recent dividend payout was on 11 September 2020. The latest dividend was paid out to all shareholders who bought their shares by 3 September 2020 (the "ex-dividend date").
Elmira Savings Bank's shares were split on a 11:10 basis on 5 December 2013. So if you had owned 10 shares the day before before the split, the next day you'd have owned 11 shares. This wouldn't directly have changed the overall worth of your Elmira Savings Bank shares – just the quantity. However, indirectly, the new 9.1% lower share price could have impacted the market appetite for Elmira Savings Bank shares which in turn could have impacted Elmira Savings Bank's share price.
Over the last 12 months, Elmira Savings Bank's shares have ranged in value from as little as $10.3 up to $17.4. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Elmira Savings Bank's is 0.6288. This would suggest that Elmira Savings Bank's shares are less volatile than average (for this exchange).
Elmira Savings Bank provides banking products and services to individual and commercial customers. It accepts savings and money market accounts, time deposits, retail and commercial checking accounts, certificates of deposit, individual retirement arrangements, and NOW accounts. The company also provides consumer loans comprising auto, truck, and motorcycle loans; personal loans; boats, recreational vehicles, and other outdoor sports equipment loans; home improvement/equity loans; jacuzzi/hot tub/pool loans; and lines of credit. In addition, it offers commercial real estate mortgages, such as permanent and construction mortgages, and development loans; commercial loans, including term and time loans, lines of credit, and small business administration loans; and mortgage loans secured by first and second liens on one-to-four family residences. Further, the company provides debit cards, safe deposit boxes, and financial services products; and financial planning advisory, online and mobile banking, overdraft protection, notary public, funds transfer, merchant, and cash management services. Additionally, it operates a real estate investment trust. The company operates through a network of 12 full-service offices located in Chemung, Tompkins, Cayuga, Schuyler, and Steuben Counties; and 1 limited service office located in Broome County, New York. Elmira Savings Bank was founded in 1869 and is based in Elmira, New York.
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