FS Bancorp, Inc. (NASDAQ:FSBW - Get Free Report) EVP Donn Costa sold 1,000 shares of the company's stock in a transaction dated Wednesday, November 4th. The shares were sold at an average price of $44.69, for a total transaction of $44,690.00. Following the transaction, the executive vice president owned 75,172 shares in the company, valued at $3,359,436.68. The trade was a 1.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
FS Bancorp Trading Down 0.5%
NASDAQ FSBW traded down $0.24 during trading on Friday, hitting $43.55. The stock had a trading volume of 20,948 shares, compared to its average volume of 30,223. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.09 and a current ratio of 1.10. The stock has a market capitalization of $323.58 million, a price-to-earnings ratio of 11.49 and a beta of 0.70. FS Bancorp, Inc. has a one year low of $36.66 and a one year high of $45.85. The stock has a 50 day simple moving average of $43.94 and a 200 day simple moving average of $42.07.
FS Bancorp (NASDAQ:FSBW - Get Free Report) last released its earnings results on Wednesday, October 21st. The bank reported $0.63 EPS for the quarter, missing analysts' consensus estimates of $1.11 by ($0.48). The business had revenue of $41.86 million for the quarter, compared to the consensus estimate of $40.70 million. FS Bancorp had a net margin of 12.81% and a return on equity of 9.39%. Sell-side analysts predict that FS Bancorp, Inc. will post 3.94 earnings per share for the current year.
FS Bancorp Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 20th. Investors of record on Friday, November 6th will be issued a dividend of $0.29 per share. The ex-dividend date is Friday, November 6th. This represents a $1.16 dividend on an annualized basis and a yield of 2.7%. FS Bancorp's payout ratio is presently 30.61%.
Analyst Upgrades and Downgrades
A number of analysts have weighed in on the company. Weiss Ratings reiterated a "buy (b)" rating on shares of FS Bancorp in a research note on Friday, September 25th. Zacks Research raised shares of FS Bancorp from a "strong sell" rating to a "hold" rating in a research note on Monday, October 12th. Brean Capital cut shares of FS Bancorp from a "buy" rating to a "neutral" rating and set a $45.00 price target on the stock. in a report on Monday, July 27th. Finally, DA Davidson reaffirmed a "neutral" rating and issued a $45.00 price target on shares of FS Bancorp in a research note on Wednesday, July 22nd. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $45.00.
View Our Latest Stock Analysis on FSBW
Institutional Investors Weigh In On FS Bancorp
Hedge funds have recently modified their holdings of the business. Legal & General Group Plc bought a new position in shares of FS Bancorp during the second quarter valued at approximately $26,000. Root Financial Partners LLC bought a new position in FS Bancorp in the third quarter worth approximately $54,000. Bank of America Corp DE bought a new position in FS Bancorp in the second quarter worth approximately $212,000. Deutsche Bank AG bought a new position in FS Bancorp in the second quarter worth approximately $276,000. Finally, NewEdge Advisors LLC purchased a new stake in FS Bancorp during the first quarter worth $262,000. Hedge funds and other institutional investors own 63.88% of the company's stock.
FS Bancorp Company Profile
(
Get Free Report)
FS Bancorp, Inc is the bank holding company for 1st Security Bank of Washington, a community bank headquartered in Mountlake Terrace, Washington. The company serves individuals, families, small and midsized businesses, professionals, and community organizations through its banking and home lending operations.
1st Security Bank provides deposit products, residential and commercial real estate loans, construction and land development financing, commercial and industrial loans, consumer loans, and other traditional banking services.
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