Timberland Bancorp (NASDAQ:TSBK) Stock Passes Above Two Hundred Day Moving Average – What’s Next?

Timberland Bancorp, Inc. (NASDAQ:TSBK) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $37.14 and traded as high as $41.36. Timberland Bancorp shares last traded at $41.01, with a volume of 17,869 shares trading hands.

Analysts Set New Price Targets

A number of equities research analysts have commented on TSBK shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Timberland Bancorp in a research report on Friday, March 27th. Wall Street Zen lowered Timberland Bancorp from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Timberland Bancorp Trading Down 1.0%

The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.07. The firm has a 50-day moving average of $39.86 and a 200 day moving average of $37.14. The company has a market cap of $323.16 million, a P/E ratio of 10.49 and a beta of 0.32.

Timberland Bancorp (NASDAQ:TSBK) last announced its earnings results on Thursday, April 30th. The savings and loans company reported $0.90 EPS for the quarter. Timberland Bancorp had a return on equity of 11.77% and a net margin of 26.22%.The company had revenue of $20.90 million for the quarter.

Timberland Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Friday, May 8th will be issued a $0.29 dividend. The ex-dividend date is Friday, May 8th. This represents a $1.16 annualized dividend and a yield of 2.8%. Timberland Bancorp’s dividend payout ratio is presently 29.67%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC boosted its holdings in Timberland Bancorp by 20,325.0% in the second quarter. EverSource Wealth Advisors LLC now owns 817 shares of the savings and loans company’s stock worth $25,000 after acquiring an additional 813 shares in the last quarter. Strs Ohio bought a new position in Timberland Bancorp in the first quarter worth approximately $33,000. CWM LLC boosted its holdings in Timberland Bancorp by 304.8% in the third quarter. CWM LLC now owns 1,935 shares of the savings and loans company’s stock worth $64,000 after acquiring an additional 1,457 shares in the last quarter. Raymond James Financial Inc. bought a new position in Timberland Bancorp in the second quarter worth approximately $62,000. Finally, Tower Research Capital LLC TRC boosted its holdings in Timberland Bancorp by 610.2% in the second quarter. Tower Research Capital LLC TRC now owns 2,024 shares of the savings and loans company’s stock worth $63,000 after acquiring an additional 1,739 shares in the last quarter. Institutional investors own 65.49% of the company’s stock.

Timberland Bancorp Company Profile

Timberland Bancorp, Inc is the bank holding company for Timberland Bank, a Washington-chartered commercial bank serving individuals and businesses in southwestern Washington. The company conducts its operations through Timberland Bank, offering a range of community banking services tailored to local market needs. As a publicly traded company on the NASDAQ under the symbol TSBK, Timberland Bancorp focuses on delivering personalized financial solutions while maintaining a community-oriented approach.

Timberland Bank’s core products include deposit accounts such as checking, savings and money market accounts, certificates of deposit and retirement accounts.