How to buy Elmira Savings Bank stock | $22.75

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 109 staff and has a trailing 12-month revenue of around 0.00.

Elmira Savings Bank stock price (NASDAQ: ESBK)

Use our graph to track the performance of ESBK stocks over time.

Elmira Savings Bank shares at a glance

• Key figures

Information last updated 2021-10-24.

Latest market close	$22.75
52-week range	$10.00 - $22.88
50-day moving average	$17.50
200-day moving average	$14.83
Wall St. target price	N/A
PE ratio	14.8633
Dividend yield	$0.6 (2.63%)
Earnings per share (TTM)	$1.54

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Is it a good time to buy Elmira Savings Bank stock?

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.

Elmira Savings Bank price performance over time

Historical closes compared with the close of $22.75 from 2021-10-26

1 week (2021-10-20)	22.75
1 month (2021-09-27)	68.57%
3 months (2021-07-27)	59.09%
6 months (2021-04-27)	63.90%

1 year (2020-10-27)	111.49%
2 years (2019-10-25)	62.50%
3 years (2018-10-26)	12.24%
5 years (2016-10-26)	13.75%

Is Elmira Savings Bank under- or over-valued?

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 P/E ratio

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 15x. In other words, Elmira Savings Bank shares trade at around 15x 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.

Elmira Savings Bank financials

Revenue TTM	$24.7 million
Operating margin TTM	28.4%
Gross profit TTM	$22.3 million
Return on assets TTM	0.82%
Return on equity TTM	8.77%
Profit margin	21.87%
Book value	$15.12
Market capitalisation	$80.2 million

TTM: trailing 12 months

Shorting Elmira Savings Bank shares

There are currently 1,398 Elmira Savings Bank shares held short by investors – that's known as Elmira Savings Bank's "short interest". This figure is 23.9% down from 1,836 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)

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 2974.4680851064). Elmira Savings Bank's SIR currently stands at 0.47. In other words for every 100,000 Elmira Savings Bank shares traded daily on the market, roughly 470 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 0.0005% of the tradable shares (for every 100,000 tradable Elmira Savings Bank shares, roughly 1 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.

Elmira Savings Bank share dividends

Dividend payout ratio: 39.11% of net profits

Recently Elmira Savings Bank has paid out, on average, around 39.11% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.63% 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 2.63% 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.

While Elmira Savings Bank's payout ratio might seem fairly standard, it's worth remembering that Elmira Savings Bank may be investing much of the rest of its net profits in future growth.

Elmira Savings Bank's most recent dividend payout was on 9 September 2021. The latest dividend was paid out to all shareholders who bought their shares by 31 August 2021 (the "ex-dividend date").

Have Elmira Savings Bank's shares ever split?

Elmira Savings Bank's shares were split on a 11:10 basis on 4 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.

Elmira Savings Bank share price volatility

Over the last 12 months, Elmira Savings Bank's shares have ranged in value from as little as $9.9987 up to $22.88. 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 0.7148. This would suggest that Elmira Savings Bank's shares are less volatile than average (for this exchange).

Elmira Savings Bank overview

Elmira Savings Bank provides financial services to consumers and businesses. It offers savings and money market accounts, time deposits, retail and commercial checking accounts, and NOW accounts; certificates of deposit; residential and commercial real estate, construction, commercial loans, as well as consumer loans, comprising of installment loans, overdraft line of credit, and home equity loans; and mortgage loans secured by first and second liens on one-to-four family residences. The company also operates a real estate investment trust; and provides financial planning advisory services. The company operates through a network of twelve full-service offices located in Chemung, Tompkins, Cayuga, Schuyler, and Steuben Counties; and one limited service office located in Broome County, New York. Elmira Savings Bank was founded in 1869 and is based in Elmira, New York. .

Frequently asked questions

What percentage of Elmira Savings Bank is owned by insiders or institutions?
Currently 0.471% of Elmira Savings Bank shares are held by insiders and 9.977% by institutions. How many people work for Elmira Savings Bank?
Latest data suggests 109 work at Elmira Savings Bank. When does the fiscal year end for Elmira Savings Bank?
Elmira Savings Bank's fiscal year ends in December. Where is Elmira Savings Bank based?
Elmira Savings Bank's address is: 333 East Water Street, Elmira, NY, United States, 14901 What is Elmira Savings Bank's ISIN number?
Elmira Savings Bank's international securities identification number is: US2896601026 What is Elmira Savings Bank's CUSIP number?
Elmira Savings Bank's Committee on Uniform Securities Identification Procedures number is: 289660102