FY2025 EPS Estimates for FS Bancorp Raised by DA Davidson

FS Bancorp, Inc. (NASDAQ:FSBW - Free Report) - Stock analysts at DA Davidson increased their FY2025 earnings estimates for FS Bancorp in a research note issued to investors on Thursday, January 23rd. DA Davidson analyst J. Rulis now forecasts that the bank will post earnings of $4.40 per share for the year, up from their prior forecast of $4.25. The consensus estimate for FS Bancorp's current full-year earnings is $4.45 per share.

Separately, StockNews.com cut FS Bancorp from a "buy" rating to a "hold" rating in a research note on Wednesday, October 23rd.

FS Bancorp Stock Up 1.9 %

Shares of NASDAQ:FSBW traded up $0.76 during midday trading on Monday, reaching $41.10. The company had a trading volume of 22,127 shares, compared to its average volume of 15,727. The company has a quick ratio of 1.04, a current ratio of 1.06 and a debt-to-equity ratio of 0.74. The business's 50 day moving average price is $43.17 and its 200 day moving average price is $43.31. The stock has a market cap of $321.40 million, a PE ratio of 9.34 and a beta of 0.96. FS Bancorp has a 1-year low of $30.64 and a 1-year high of $49.15.

FS Bancorp (NASDAQ:FSBW - Get Free Report) last issued its quarterly earnings results on Tuesday, January 21st. The bank reported $0.92 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.04 by ($0.12). FS Bancorp had a net margin of 16.97% and a return on equity of 12.35%.

Institutional Investors Weigh In On FS Bancorp

Hedge funds have recently bought and sold shares of the company. Jane Street Group LLC increased its position in FS Bancorp by 43.9% during the third quarter. Jane Street Group LLC now owns 8,784 shares of the bank's stock worth $391,000 after buying an additional 2,678 shares during the last quarter. State Street Corp boosted its stake in shares of FS Bancorp by 4.9% during the 3rd quarter. State Street Corp now owns 113,851 shares of the bank's stock worth $5,065,000 after acquiring an additional 5,313 shares during the period. Barclays PLC increased its holdings in shares of FS Bancorp by 30.0% during the 3rd quarter. Barclays PLC now owns 27,418 shares of the bank's stock worth $1,220,000 after acquiring an additional 6,331 shares during the last quarter. JPMorgan Chase & Co. raised its stake in FS Bancorp by 216.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 18,027 shares of the bank's stock valued at $802,000 after acquiring an additional 12,322 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in FS Bancorp by 1.5% during the 3rd quarter. Geode Capital Management LLC now owns 154,911 shares of the bank's stock valued at $6,894,000 after purchasing an additional 2,215 shares during the last quarter. 63.88% of the stock is currently owned by institutional investors and hedge funds.

FS Bancorp Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 20th. Stockholders of record on Thursday, February 6th will be paid a dividend of $0.28 per share. The ex-dividend date of this dividend is Thursday, February 6th. This is a positive change from FS Bancorp's previous quarterly dividend of $0.27. This represents a $1.12 annualized dividend and a dividend yield of 2.73%. FS Bancorp's payout ratio is currently 24.55%.

About FS Bancorp

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.