DA Davidson reiterated their buy rating on shares of Five Star Bancorp (NASDAQ:FSBC - Free Report) in a research note released on Thursday morning,Benzinga reports. The firm currently has a $38.50 price target on the stock. DA Davidson also issued estimates for Five Star Bancorp's Q1 2025 earnings at $0.61 EPS.
Several other equities research analysts have also recently weighed in on FSBC. Stephens reiterated an "overweight" rating and issued a $37.00 target price on shares of Five Star Bancorp in a research note on Tuesday, January 28th. Raymond James reiterated an "outperform" rating and issued a $35.00 target price (down previously from $38.00) on shares of Five Star Bancorp in a research note on Wednesday, January 29th. Finally, Keefe, Bruyette & Woods reduced their target price on shares of Five Star Bancorp from $37.00 to $35.00 and set a "market perform" rating for the company in a research note on Thursday.
Get Our Latest Stock Analysis on Five Star Bancorp
Five Star Bancorp Stock Down 2.2 %
FSBC stock traded down $0.66 during mid-day trading on Thursday, reaching $29.55. 34,309 shares of the stock traded hands, compared to its average volume of 44,873. Five Star Bancorp has a 52 week low of $21.10 and a 52 week high of $35.13. The business has a 50-day moving average of $31.15 and a two-hundred day moving average of $30.13. The firm has a market capitalization of $630.01 million, a PE ratio of 12.96 and a beta of 0.48.
Five Star Bancorp (NASDAQ:FSBC - Get Free Report) last released its quarterly earnings results on Monday, January 27th. The company reported $0.63 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.59 by $0.04. Five Star Bancorp had a net margin of 21.40% and a return on equity of 12.89%. On average, equities research analysts anticipate that Five Star Bancorp will post 2.66 EPS for the current fiscal year.
Five Star Bancorp Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, February 10th. Investors of record on Monday, February 3rd will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 2.71%. The ex-dividend date is Monday, February 3rd. Five Star Bancorp's dividend payout ratio (DPR) is presently 35.09%.
Institutional Trading of Five Star Bancorp
Hedge funds have recently modified their holdings of the company. Geode Capital Management LLC increased its holdings in shares of Five Star Bancorp by 7.2% during the third quarter. Geode Capital Management LLC now owns 377,347 shares of the company's stock worth $11,221,000 after buying an additional 25,374 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Five Star Bancorp by 201.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 134,449 shares of the company's stock worth $3,997,000 after buying an additional 89,834 shares in the last quarter. Barclays PLC raised its position in Five Star Bancorp by 332.1% in the 3rd quarter. Barclays PLC now owns 25,112 shares of the company's stock worth $746,000 after purchasing an additional 19,301 shares during the last quarter. State Street Corp raised its position in Five Star Bancorp by 21.7% in the 3rd quarter. State Street Corp now owns 373,173 shares of the company's stock worth $11,094,000 after purchasing an additional 66,602 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in Five Star Bancorp by 81.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 23,489 shares of the company's stock worth $698,000 after purchasing an additional 10,547 shares during the last quarter. Institutional investors and hedge funds own 46.94% of the company's stock.
About Five Star Bancorp
(
Get Free Report)
Five Star Bancorp operates as the bank holding company for Five Star Bank that provides a range of banking products and services to small and medium-sized businesses, professionals, and individuals in Northern California. It accepts various deposits, such as money market accounts, noninterest-bearing and interest checking accounts, savings accounts, term certificate accounts, and time deposits.
Further Reading
Before you consider Five Star Bancorp, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Five Star Bancorp wasn't on the list.
While Five Star Bancorp currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
