Analysts forecast that FS Bancorp Inc (NASDAQ:FSBW) will announce $1.15 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for FS Bancorp’s earnings, with estimates ranging from $1.13 to $1.19. FS Bancorp reported earnings of $0.87 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 32.2%. The firm is scheduled to announce its next earnings results on Thursday, January 24th.

On average, analysts expect that FS Bancorp will report full year earnings of $4.55 per share for the current year. For the next fiscal year, analysts anticipate that the company will report earnings of $5.52 per share, with EPS estimates ranging from $5.35 to $5.75. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research firms that cover FS Bancorp.

FS Bancorp (NASDAQ:FSBW) last issued its quarterly earnings results on Thursday, October 25th. The bank reported $1.07 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.11 by ($0.04). FS Bancorp had a return on equity of 12.76% and a net margin of 21.47%. The business had revenue of $17.66 million for the quarter, compared to the consensus estimate of $17.96 million.

FSBW has been the subject of a number of research analyst reports. Raymond James reissued a “buy” rating and set a $60.00 price target on shares of FS Bancorp in a research note on Friday, November 23rd. Zacks Investment Research raised FS Bancorp from a “sell” rating to a “hold” rating in a research note on Thursday, November 1st. Finally, ValuEngine lowered FS Bancorp from a “hold” rating to a “sell” rating in a research note on Tuesday, October 16th.

Shares of FSBW stock opened at $44.64 on Wednesday. FS Bancorp has a 52-week low of $42.02 and a 52-week high of $66.40. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.10 and a quick ratio of 1.04. The company has a market cap of $166.93 million, a P/E ratio of 10.36, a price-to-earnings-growth ratio of 1.40 and a beta of 0.79.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 21st. Shareholders of record on Thursday, November 8th were issued a dividend of $0.14 per share. The ex-dividend date was Wednesday, November 7th. This represents a $0.56 annualized dividend and a yield of 1.25%. FS Bancorp’s payout ratio is currently 13.43%.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. First Trust Advisors LP increased its holdings in FS Bancorp by 21.5% during the 2nd quarter. First Trust Advisors LP now owns 5,224 shares of the bank’s stock worth $330,000 after purchasing an additional 926 shares during the period. Bessemer Group Inc. purchased a new position in FS Bancorp during the 2nd quarter worth $133,000. American Century Companies Inc. purchased a new position in FS Bancorp during the 2nd quarter worth $209,000. JPMorgan Chase & Co. increased its holdings in FS Bancorp by 43.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 12,920 shares of the bank’s stock worth $720,000 after purchasing an additional 3,929 shares during the period. Finally, Bank of New York Mellon Corp increased its holdings in FS Bancorp by 22.2% during the 3rd quarter. Bank of New York Mellon Corp now owns 25,708 shares of the bank’s stock worth $1,433,000 after purchasing an additional 4,670 shares during the period. Institutional investors own 59.89% 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 deposits.

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

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