Wall Street analysts forecast that FS Bancorp, Inc. (NASDAQ:FSBW) will report earnings per share of $1.79 for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for FS Bancorp’s earnings, with the highest EPS estimate coming in at $2.12 and the lowest estimate coming in at $1.35. FS Bancorp reported earnings per share of $1.14 in the same quarter last year, which would suggest a positive year-over-year growth rate of 57%. The business is scheduled to report its next earnings report on Friday, April 23rd.
On average, analysts expect that FS Bancorp will report full-year earnings of $6.43 per share for the current fiscal year, with EPS estimates ranging from $5.80 to $6.85. For the next fiscal year, analysts expect that the company will report earnings of $5.95 per share, with EPS estimates ranging from $5.50 to $6.34. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research analysts that that provide coverage for FS Bancorp.
FS Bancorp (NASDAQ:FSBW) last released its earnings results on Wednesday, January 27th. The bank reported $2.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.53 by $1.07. FS Bancorp had a net margin of 25.17% and a return on equity of 16.29%. The company had revenue of $34.66 million during the quarter, compared to the consensus estimate of $28.70 million.
Several institutional investors have recently added to or reduced their stakes in FSBW. Wells Fargo & Company MN raised its holdings in shares of FS Bancorp by 8.8% during the 3rd quarter. Wells Fargo & Company MN now owns 11,715 shares of the bank’s stock valued at $481,000 after purchasing an additional 948 shares in the last quarter. Morgan Stanley grew its stake in FS Bancorp by 423.5% in the 3rd quarter. Morgan Stanley now owns 18,654 shares of the bank’s stock valued at $766,000 after buying an additional 15,091 shares during the last quarter. Beese Fulmer Investment Management Inc. grew its stake in FS Bancorp by 5.6% in the 4th quarter. Beese Fulmer Investment Management Inc. now owns 7,695 shares of the bank’s stock valued at $422,000 after buying an additional 410 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in FS Bancorp by 3.5% in the 4th quarter. Janney Montgomery Scott LLC now owns 7,245 shares of the bank’s stock valued at $397,000 after buying an additional 248 shares during the last quarter. Finally, Creative Planning acquired a new position in FS Bancorp in the 4th quarter valued at $302,000. Institutional investors and hedge funds own 56.98% of the company’s stock.
FSBW stock traded down $1.30 during midday trading on Thursday, reaching $67.94. The company had a trading volume of 128 shares, compared to its average volume of 13,767. FS Bancorp has a 1 year low of $32.00 and a 1 year high of $73.62. The company has a current ratio of 1.09, a quick ratio of 0.96 and a debt-to-equity ratio of 0.83. The company has a market capitalization of $287.59 million, a P/E ratio of 8.85 and a beta of 1.27. The company has a 50 day moving average of $66.44 and a two-hundred day moving average of $55.50.
The firm also recently declared a quarterly dividend, which was paid on Thursday, February 25th. Stockholders of record on Thursday, February 11th were issued a dividend of $0.26 per share. The ex-dividend date of this dividend was Wednesday, February 10th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.53%. This is an increase from FS Bancorp’s previous quarterly dividend of $0.21. FS Bancorp’s dividend payout ratio (DPR) is currently 20.23%.
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.
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