FS Bancorp Inc (NASDAQ:FSBW) has earned a consensus broker rating score of 2.00 (Buy) from the three analysts that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company.
Brokers have set a 1 year consensus price target of $62.67 for the company and are anticipating that the company will post $1.03 earnings per share for the current quarter, according to Zacks. Zacks has also assigned FS Bancorp an industry rank of 123 out of 265 based on the ratings given to its competitors.
A number of analysts recently commented on the company. Zacks Investment Research lowered FS Bancorp from a “buy” rating to a “hold” rating in a research report on Tuesday, February 6th. ValuEngine lowered FS Bancorp from a “strong-buy” rating to a “buy” rating in a research report on Friday, December 1st.
Shares of FS Bancorp (NASDAQ FSBW) traded up $1.08 during trading on Monday, reaching $54.92. The company had a trading volume of 2,952 shares, compared to its average volume of 10,467. FS Bancorp has a twelve month low of $35.80 and a twelve month high of $59.81. The company has a market cap of $203.22, a price-to-earnings ratio of 13.15, a price-to-earnings-growth ratio of 1.19 and a beta of 0.50. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.04 and a quick ratio of 0.96.
FS Bancorp (NASDAQ:FSBW) last issued its earnings results on Thursday, January 25th. The bank reported $0.87 EPS for the quarter, missing analysts’ consensus estimates of $0.92 by ($0.05). FS Bancorp had a net margin of 20.05% and a return on equity of 14.11%. The firm had revenue of $16.56 million during the quarter, compared to the consensus estimate of $17.14 million. sell-side analysts predict that FS Bancorp will post 4.66 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Wednesday, February 21st. Investors of record on Wednesday, February 7th were given a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 0.80%. The ex-dividend date of this dividend was Tuesday, February 6th. FS Bancorp’s payout ratio is 10.21%.
In other FS Bancorp news, Chairman Ted A. Leech sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, February 23rd. The stock was sold at an average price of $54.47, for a total transaction of $272,350.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Mark Tueffers sold 2,400 shares of the business’s stock in a transaction that occurred on Tuesday, January 30th. The stock was sold at an average price of $56.25, for a total value of $135,000.00. Following the sale, the director now directly owns 200 shares of the company’s stock, valued at $11,250. The disclosure for this sale can be found here. Insiders own 13.19% of the company’s stock.
Institutional investors and hedge funds have recently modified their holdings of the business. Bank of Montreal Can bought a new stake in FS Bancorp during the 4th quarter worth approximately $122,000. Wells Fargo & Company MN increased its holdings in FS Bancorp by 228.5% during the 4th quarter. Wells Fargo & Company MN now owns 2,753 shares of the bank’s stock worth $150,000 after purchasing an additional 1,915 shares in the last quarter. Advisor Group Inc. bought a new stake in FS Bancorp during the 4th quarter worth approximately $177,000. First Trust Advisors LP bought a new stake in FS Bancorp during the 4th quarter worth approximately $242,000. Finally, Dimensional Fund Advisors LP bought a new stake in FS Bancorp during the 2nd quarter worth approximately $266,000. 50.92% of the stock is owned by hedge funds and other institutional investors.
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FS Bancorp Company Profile
FS Bancorp, Inc is a holding company for 1st Security Bank of Washington (the Bank). The Company is a diversified lender with a focus on the origination of indirect home improvement loans, also referred to as fixture secured loans, commercial real estate mortgage loans, home loans, commercial business loans and second mortgage and home equity loan products.
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