FS Bancorp, Inc. (FSBW) Expected to Post Q3 2017 Earnings of $1.02 Per Share
FS Bancorp, Inc. (NASDAQ:FSBW) – Research analysts at DA Davidson issued their Q3 2017 EPS estimates for shares of FS Bancorp in a note issued to investors on Tuesday. DA Davidson analyst J. Rulis anticipates that the bank will earn $1.02 per share for the quarter. DA Davidson has a “Neutral” rating and a $52.00 price objective on the stock. DA Davidson also issued estimates for FS Bancorp’s Q4 2017 earnings at $0.82 EPS, FY2017 earnings at $4.05 EPS, Q1 2018 earnings at $0.84 EPS, Q2 2018 earnings at $0.94 EPS, Q3 2018 earnings at $1.01 EPS, Q4 2018 earnings at $0.97 EPS, FY2018 earnings at $3.75 EPS and FY2019 earnings at $4.05 EPS.
A number of other equities analysts have also commented on FSBW. ValuEngine raised shares of FS Bancorp from a “buy” rating to a “strong-buy” rating in a report on Friday, June 2nd. Zacks Investment Research raised shares of FS Bancorp from a “hold” rating to a “buy” rating and set a $51.00 target price on the stock in a report on Monday, June 19th. One analyst has rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating to the company’s stock. FS Bancorp currently has an average rating of “Buy” and a consensus price target of $47.75.
Shares of FS Bancorp (NASDAQ FSBW) opened at 48.00 on Friday. The firm has a 50-day moving average of $47.41 and a 200-day moving average of $42.95. FS Bancorp has a 12 month low of $27.63 and a 12 month high of $51.72. The firm has a market cap of $140.21 million, a price-to-earnings ratio of 11.25 and a beta of 0.41.
The firm also recently announced a quarterly dividend, which was paid on Thursday, August 24th. Investors of record on Wednesday, August 9th were issued a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a dividend yield of 0.92%. The ex-dividend date was Monday, August 7th. FS Bancorp’s dividend payout ratio is currently 10.23%.
In other FS Bancorp news, CEO Joseph C. Adams sold 4,446 shares of the stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $44.80, for a total transaction of $199,180.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 13.19% of the stock is currently owned by company insiders.
Large investors have recently bought and sold shares of the company. JPMorgan Chase & Co. purchased a new stake in shares of FS Bancorp in the 2nd quarter worth about $156,000. Beese Fulmer Investment Management Inc. purchased a new stake in shares of FS Bancorp in the 2nd quarter worth about $224,000. Dimensional Fund Advisors LP purchased a new stake in shares of FS Bancorp in the 2nd quarter worth about $266,000. Cambridge Investment Research Advisors Inc. lifted its position in shares of FS Bancorp by 0.5% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 6,042 shares of the bank’s stock worth $271,000 after purchasing an additional 30 shares during the period. Finally, Janus Henderson Group PLC purchased a new stake in shares of FS Bancorp in the 2nd quarter worth about $338,000.
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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