Shares of FS Bancorp Inc (NASDAQ:FSBW) have earned a consensus broker rating score of 2.00 (Buy) from the three analysts that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating on the company.

Brokerages have set a 1 year consensus price objective of $54.17 for the company and are predicting that the company will post $1.45 earnings per share for the current quarter, according to Zacks. Zacks has also assigned FS Bancorp an industry rank of 227 out of 256 based on the ratings given to related companies.

A number of equities analysts have issued reports on FSBW shares. DA Davidson reiterated a “neutral” rating on shares of FS Bancorp in a research note on Tuesday, July 30th. Zacks Investment Research downgraded FS Bancorp from a “hold” rating to a “sell” rating in a research note on Wednesday, July 31st. Finally, ValuEngine lowered FS Bancorp from a “hold” rating to a “sell” rating in a report on Friday, May 24th.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Wells Fargo & Company MN raised its holdings in shares of FS Bancorp by 2.2% in the second quarter. Wells Fargo & Company MN now owns 18,039 shares of the bank’s stock valued at $936,000 after purchasing an additional 388 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in FS Bancorp by 5.5% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 9,434 shares of the bank’s stock valued at $490,000 after buying an additional 489 shares during the last quarter. BNP Paribas Arbitrage SA increased its stake in FS Bancorp by 2,590.0% in the 1st quarter. BNP Paribas Arbitrage SA now owns 807 shares of the bank’s stock valued at $41,000 after buying an additional 777 shares during the last quarter. Northern Trust Corp lifted its position in shares of FS Bancorp by 2.4% during the 2nd quarter. Northern Trust Corp now owns 45,857 shares of the bank’s stock worth $2,379,000 after buying an additional 1,066 shares in the last quarter. Finally, ClariVest Asset Management LLC lifted its position in shares of FS Bancorp by 6.2% during the 1st quarter. ClariVest Asset Management LLC now owns 20,606 shares of the bank’s stock worth $1,040,000 after buying an additional 1,200 shares in the last quarter. Hedge funds and other institutional investors own 58.37% of the company’s stock.

FSBW traded up $0.19 during trading on Friday, hitting $50.03. 9,200 shares of the company’s stock were exchanged, compared to its average volume of 9,973. FS Bancorp has a fifty-two week low of $41.25 and a fifty-two week high of $57.99. The stock has a market cap of $223.31 million, a P/E ratio of 10.71, a PEG ratio of 1.43 and a beta of 1.05. The business’s 50 day moving average is $48.58 and its two-hundred day moving average is $49.70. The company has a quick ratio of 1.03, a current ratio of 1.08 and a debt-to-equity ratio of 0.52.

FS Bancorp (NASDAQ:FSBW) last posted its earnings results on Thursday, July 25th. The bank reported $1.12 EPS for the quarter, missing the consensus estimate of $1.40 by ($0.28). FS Bancorp had a return on equity of 11.59% and a net margin of 23.80%. The business had revenue of $23.62 million for the quarter, compared to the consensus estimate of $23.14 million. On average, sell-side analysts forecast that FS Bancorp will post 4.98 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 22nd. Shareholders of record on Thursday, August 8th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.20%. The ex-dividend date of this dividend was Wednesday, August 7th. FS Bancorp’s dividend payout ratio (DPR) is presently 12.85%.

FS Bancorp Company Profile

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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