FS Bancorp Inc (NASDAQ:FSBW) has been given a consensus broker rating score of 2.00 (Buy) from the three analysts that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating on the company.
Analysts have set a 12 month consensus price target of $59.00 for the company and are expecting that the company will post $1.13 EPS for the current quarter, according to Zacks. Zacks has also assigned FS Bancorp an industry rank of 13 out of 265 based on the ratings given to related companies.
A number of research analysts have recently weighed in on FSBW shares. Zacks Investment Research cut shares of FS Bancorp from a “buy” rating to a “hold” rating in a research note on Tuesday, October 3rd. ValuEngine cut shares of FS Bancorp from a “strong-buy” rating to a “buy” rating in a research note on Friday, December 1st.
FS Bancorp (NASDAQ:FSBW) last issued its quarterly earnings data on Thursday, October 26th. The bank reported $1.07 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.01 by $0.06. FS Bancorp had a net margin of 20.05% and a return on equity of 14.11%. equities analysts expect that FS Bancorp will post 4.8 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 21st. Stockholders of record on Wednesday, February 7th will be paid a dividend of $0.11 per share. The ex-dividend date is Tuesday, February 6th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.77%. FS Bancorp’s dividend payout ratio (DPR) is 10.21%.
Institutional investors and hedge funds have recently modified their holdings of the company. Bank of Montreal Can purchased a new position in shares of FS Bancorp during the 4th quarter worth approximately $122,000. JPMorgan Chase & Co. purchased a new stake in FS Bancorp in the 2nd quarter worth approximately $156,000. Dimensional Fund Advisors LP purchased a new stake in FS Bancorp in the 2nd quarter worth approximately $266,000. Russell Investments Group Ltd. purchased a new stake in FS Bancorp in the 3rd quarter worth approximately $334,000. Finally, Wedge Capital Management L L P NC purchased a new stake in FS Bancorp in the 3rd quarter worth approximately $356,000. 42.74% of the stock is owned by institutional investors and hedge funds.
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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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