Equities research analysts expect that FS Bancorp Inc (NASDAQ:FSBW) will post sales of $23.14 million for the current quarter, according to Zacks Investment Research. Three analysts have provided estimates for FS Bancorp’s earnings. The highest sales estimate is $23.53 million and the lowest is $22.60 million. FS Bancorp posted sales of $17.54 million in the same quarter last year, which would indicate a positive year over year growth rate of 31.9%. The firm is scheduled to announce its next earnings report on Thursday, July 25th.

According to Zacks, analysts expect that FS Bancorp will report full-year sales of $92.66 million for the current financial year, with estimates ranging from $91.40 million to $93.69 million. For the next financial year, analysts forecast that the firm will report sales of $98.07 million, with estimates ranging from $95.90 million to $101.00 million. Zacks’ sales averages are a mean average based on a survey of research analysts that cover FS Bancorp.

FS Bancorp (NASDAQ:FSBW) last released its quarterly earnings results on Thursday, April 25th. The bank reported $1.18 earnings per share for the quarter, missing the consensus estimate of $1.27 by ($0.09). FS Bancorp had a net margin of 25.72% and a return on equity of 12.15%. The business had revenue of $22.24 million during the quarter, compared to analysts’ expectations of $22.36 million.

Several research firms have weighed in on FSBW. Zacks Investment Research raised FS Bancorp from a “sell” rating to a “hold” rating in a report on Friday. ValuEngine raised FS Bancorp from a “sell” rating to a “hold” rating in a report on Monday, May 13th.

Shares of NASDAQ:FSBW traded down $0.12 on Friday, hitting $50.31. The company’s stock had a trading volume of 3,600 shares, compared to its average volume of 10,623. FS Bancorp has a 1 year low of $41.25 and a 1 year high of $66.40. The stock has a market cap of $226.56 million, a P/E ratio of 10.77, a PEG ratio of 1.34 and a beta of 0.98. The company has a quick ratio of 1.08, a current ratio of 1.07 and a debt-to-equity ratio of 0.55.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 23rd. Shareholders of record on Thursday, May 9th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Wednesday, May 8th. This represents a $0.60 annualized dividend and a dividend yield of 1.19%. FS Bancorp’s payout ratio is currently 12.85%.

In other FS Bancorp news, Director Mark Tueffers sold 2,600 shares of the firm’s stock in a transaction dated Tuesday, February 19th. The stock was sold at an average price of $52.33, for a total value of $136,058.00. Following the sale, the director now owns 3,450 shares of the company’s stock, valued at approximately $180,538.50. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 8.62% of the company’s stock.

Institutional investors have recently made changes to their positions in the company. Wedge Capital Management L L P NC increased its position in shares of FS Bancorp by 22.2% during the 1st quarter. Wedge Capital Management L L P NC now owns 15,793 shares of the bank’s stock valued at $797,000 after purchasing an additional 2,874 shares during the last quarter. First Trust Advisors LP increased its position in shares of FS Bancorp by 13.8% during the 4th quarter. First Trust Advisors LP now owns 11,556 shares of the bank’s stock valued at $496,000 after purchasing an additional 1,402 shares during the last quarter. Knott David M bought a new position in shares of FS Bancorp during the 4th quarter valued at about $154,000. Stilwell Value LLC increased its position in shares of FS Bancorp by 81.6% during the 4th quarter. Stilwell Value LLC now owns 158,170 shares of the bank’s stock valued at $6,782,000 after purchasing an additional 71,070 shares during the last quarter. Finally, BlackRock Inc. increased its position in shares of FS Bancorp by 20.3% during the 4th quarter. BlackRock Inc. now owns 195,350 shares of the bank’s stock valued at $8,375,000 after purchasing an additional 32,949 shares during the last quarter. Hedge funds and other institutional investors own 55.49% of the company’s stock.

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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Earnings History and Estimates for FS Bancorp (NASDAQ:FSBW)

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