What is DA Davidson's Estimate for FS Bancorp Q4 Earnings?

FS Bancorp, Inc. (NASDAQ:FSBW - Free Report) - Equities research analysts at DA Davidson issued their Q4 2024 earnings per share (EPS) estimates for shares of FS Bancorp in a research note issued to investors on Thursday, October 24th. DA Davidson analyst J. Rulis anticipates that the bank will post earnings per share of $0.97 for the quarter. DA Davidson has a "Neutral" rating and a $44.00 price objective on the stock. The consensus estimate for FS Bancorp's current full-year earnings is $4.44 per share. DA Davidson also issued estimates for FS Bancorp's FY2025 earnings at $4.25 EPS.

FS Bancorp (NASDAQ:FSBW - Get Free Report) last issued its quarterly earnings results on Tuesday, October 22nd. The bank reported $1.29 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.14 by $0.15. FS Bancorp had a net margin of 18.28% and a return on equity of 13.58%. The company had revenue of $53.01 million during the quarter, compared to the consensus estimate of $37.10 million.

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 3.3 %

Shares of FSBW traded up $1.42 during midday trading on Monday, reaching $45.05. The stock had a trading volume of 11,346 shares, compared to its average volume of 14,942. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.08 and a quick ratio of 1.06. The company's fifty day simple moving average is $43.63 and its two-hundred day simple moving average is $38.24. The company has a market cap of $349.14 million, a price-to-earnings ratio of 9.37 and a beta of 0.93. FS Bancorp has a 1-year low of $28.07 and a 1-year high of $47.01.

Institutional Trading of FS Bancorp

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FSBW. Assenagon Asset Management S.A. grew its position in shares of FS Bancorp by 22.7% in the 3rd quarter. Assenagon Asset Management S.A. now owns 30,292 shares of the bank's stock valued at $1,348,000 after buying an additional 5,614 shares during the last quarter. Copeland Capital Management LLC acquired a new position in FS Bancorp in the third quarter valued at $62,000. SG Americas Securities LLC acquired a new position in FS Bancorp in the third quarter valued at $103,000. Dimensional Fund Advisors LP grew its holdings in shares of FS Bancorp by 1.0% during the second quarter. Dimensional Fund Advisors LP now owns 395,126 shares of the bank's stock worth $14,401,000 after purchasing an additional 3,811 shares during the last quarter. Finally, Rhumbline Advisers increased its position in shares of FS Bancorp by 4.4% during the second quarter. Rhumbline Advisers now owns 10,197 shares of the bank's stock worth $372,000 after purchasing an additional 434 shares in the last quarter. Institutional investors and hedge funds own 63.88% of the company's stock.

FS Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 21st. Shareholders of record on Thursday, November 7th will be paid a $0.27 dividend. The ex-dividend date of this dividend is Thursday, November 7th. This represents a $1.08 annualized dividend and a yield of 2.40%. FS Bancorp's dividend payout ratio is currently 22.93%.

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.