Timberland Bancorp (NASDAQ:TSBK) Stock Passes Above 200 Day Moving Average – Here’s Why

Shares of Timberland Bancorp, Inc. (NASDAQ:TSBK) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $38.68 and traded as high as $43.01. Timberland Bancorp shares last traded at $42.09, with a volume of 12,205 shares.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “buy (b)” rating on shares of Timberland Bancorp in a research note on Friday, March 27th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Timberland Bancorp has an average rating of “Buy”.

Timberland Bancorp Trading Down 1.4%

The firm has a fifty day simple moving average of $40.95 and a two-hundred day simple moving average of $38.68. The stock has a market cap of $329.56 million, a PE ratio of 10.76 and a beta of 0.32. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.07.

Timberland Bancorp (NASDAQ:TSBK) last announced its quarterly earnings data on Thursday, April 30th. The savings and loans company reported $0.90 earnings per share for the quarter. The company had revenue of $20.90 million for the quarter. Timberland Bancorp had a return on equity of 11.67% and a net margin of 26.22%.

Timberland Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Friday, May 8th were given a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a yield of 2.8%. The ex-dividend date was Friday, May 8th. Timberland Bancorp’s dividend payout ratio (DPR) is presently 29.67%.

Institutional Investors Weigh In On Timberland Bancorp

Large investors have recently made changes to their positions in the business. EverSource Wealth Advisors LLC grew its position in shares of Timberland Bancorp by 20,325.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 817 shares of the savings and loans company’s stock worth $25,000 after buying an additional 813 shares during the last quarter. Strs Ohio bought a new stake in shares of Timberland Bancorp in the 1st quarter worth approximately $33,000. Raymond James Financial Inc. bought a new stake in shares of Timberland Bancorp in the 2nd quarter worth approximately $62,000. Tower Research Capital LLC TRC grew its position in shares of Timberland Bancorp by 610.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,024 shares of the savings and loans company’s stock worth $63,000 after buying an additional 1,739 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its position in shares of Timberland Bancorp by 230.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 3,329 shares of the savings and loans company’s stock worth $111,000 after buying an additional 2,321 shares during the last quarter. 65.49% of the stock is currently owned by institutional investors.

About Timberland Bancorp

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.