FS Bancorp Inc (NASDAQ:FSBW) – Analysts at FIG Partners boosted their FY2018 earnings per share (EPS) estimates for shares of FS Bancorp in a research note issued to investors on Wednesday. FIG Partners analyst T. Coffey now forecasts that the bank will post earnings per share of $4.62 for the year, up from their previous forecast of $4.10.

Several other equities analysts also recently issued reports on the company. Zacks Investment Research upgraded FS Bancorp from a “hold” rating to a “buy” rating and set a $60.00 price objective for the company in a research report on Tuesday, November 7th. ValuEngine downgraded FS Bancorp from a “strong-buy” rating to a “buy” rating in a research report on Friday, December 1st. Finally, DA Davidson began coverage on FS Bancorp in a research report on Tuesday, September 12th. They set a “neutral” rating and a $52.00 target price for the company. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $49.75.

Shares of FS Bancorp (FSBW) traded down $0.47 on Monday, reaching $54.11. The company’s stock had a trading volume of 8,935 shares, compared to its average volume of 12,200. The company has a current ratio of 1.04, a quick ratio of 0.96 and a debt-to-equity ratio of 0.17. FS Bancorp has a 52-week low of $34.10 and a 52-week high of $58.00. The company has a market cap of $200.54, a P/E ratio of 12.91, a price-to-earnings-growth ratio of 1.28 and a beta of 0.49.

Several hedge funds have recently added to or reduced their stakes in the company. Maltese Capital Management LLC bought a new stake in shares of FS Bancorp during the third quarter worth $3,616,000. EJF Capital LLC bought a new stake in shares of FS Bancorp during the third quarter worth $3,616,000. Stifel Financial Corp bought a new stake in shares of FS Bancorp during the third quarter worth $620,000. Dimensional Fund Advisors LP raised its position in shares of FS Bancorp by 151.8% during the third quarter. Dimensional Fund Advisors LP now owns 15,036 shares of the bank’s stock worth $777,000 after acquiring an additional 9,065 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of FS Bancorp by 157.6% during the third quarter. JPMorgan Chase & Co. now owns 9,017 shares of the bank’s stock worth $479,000 after acquiring an additional 5,517 shares during the last quarter. Institutional investors own 42.71% of the company’s stock.

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About FS Bancorp

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.

Earnings History and Estimates for FS Bancorp (NASDAQ:FSBW)

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