Equities analysts predict that FS Bancorp, Inc. (NASDAQ:FSBW – Get Rating) will announce $28.55 million in sales for the current fiscal quarter, Zacks reports. Two analysts have made estimates for FS Bancorp’s earnings. The highest sales estimate is $28.80 million and the lowest is $28.30 million. FS Bancorp reported sales of $29.41 million in the same quarter last year, which indicates a negative year-over-year growth rate of 2.9%. The company is expected to report its next earnings results on Monday, January 1st.
On average, analysts expect that FS Bancorp will report full-year sales of $115.95 million for the current financial year, with estimates ranging from $114.30 million to $117.60 million. For the next financial year, analysts anticipate that the company will report sales of $124.85 million, with estimates ranging from $121.40 million to $128.30 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of research firms that that provide coverage for FS Bancorp.
FS Bancorp (NASDAQ:FSBW – Get Rating) last posted its quarterly earnings data on Thursday, April 28th. The bank reported $0.81 EPS for the quarter, beating analysts’ consensus estimates of $0.71 by $0.10. FS Bancorp had a net margin of 25.20% and a return on equity of 13.42%.
NASDAQ FSBW opened at $30.27 on Friday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.96 and a current ratio of 0.98. The firm has a market cap of $239.34 million, a PE ratio of 8.05 and a beta of 1.13. FS Bancorp has a one year low of $28.09 and a one year high of $36.85. The firm’s fifty day moving average is $30.08 and its two-hundred day moving average is $32.13.
The company also recently announced a quarterly dividend, which was paid on Thursday, May 26th. Stockholders of record on Thursday, May 12th were issued a $0.30 dividend. This is an increase from FS Bancorp’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend was Wednesday, May 11th. This represents a $1.20 annualized dividend and a dividend yield of 3.96%. FS Bancorp’s payout ratio is presently 21.28%.
In related news, Director Margaret R. Piesik sold 2,500 shares of the business’s stock in a transaction dated Tuesday, May 10th. The shares were sold at an average price of $29.94, for a total transaction of $74,850.00. Following the sale, the director now owns 13,670 shares of the company’s stock, valued at $409,279.80. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Mark Tueffers sold 1,000 shares of the business’s stock in a transaction dated Wednesday, May 4th. The stock was sold at an average price of $29.90, for a total transaction of $29,900.00. Following the sale, the director now directly owns 5,200 shares in the company, valued at approximately $155,480. The disclosure for this sale can be found here. In the last ninety days, insiders sold 10,700 shares of company stock worth $314,941. Insiders own 10.64% of the company’s stock.
A number of hedge funds have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. boosted its holdings in FS Bancorp by 7.0% during the first quarter. Goldman Sachs Group Inc. now owns 12,834 shares of the bank’s stock worth $398,000 after buying an additional 834 shares in the last quarter. State Street Corp boosted its holdings in FS Bancorp by 1.2% during the first quarter. State Street Corp now owns 138,948 shares of the bank’s stock worth $4,307,000 after buying an additional 1,619 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in FS Bancorp by 3.0% during the first quarter. Charles Schwab Investment Management Inc. now owns 19,387 shares of the bank’s stock worth $601,000 after buying an additional 563 shares in the last quarter. EJF Capital LLC raised its position in FS Bancorp by 4.1% during the first quarter. EJF Capital LLC now owns 383,087 shares of the bank’s stock worth $11,876,000 after acquiring an additional 15,000 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in FS Bancorp by 2.6% during the first quarter. Dimensional Fund Advisors LP now owns 322,195 shares of the bank’s stock worth $9,988,000 after acquiring an additional 8,258 shares during the last quarter. 64.60% of the stock is currently owned by hedge funds and other institutional investors.
About FS Bancorp (Get Rating)
FS Bancorp, Inc operates as a bank holding company for 1st Security Bank of Washington that provides banking and financial services to local families, local and regional businesses, and industry niches. The company operates in two segments, Commercial and Consumer Banking; and Home Lending. It offers various deposit instruments, including checking accounts, money market deposit accounts, savings accounts, and certificates of deposit.
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