FS Bancorp (FSBW) Earning Somewhat Favorable Press Coverage, Analysis Finds
News articles about FS Bancorp (NASDAQ:FSBW) have trended somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. FS Bancorp earned a coverage optimism score of 0.03 on Accern’s scale. Accern also gave media headlines about the bank an impact score of 46.0792329715036 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the news stories that may have effected Accern’s analysis:
- FS Bancorp, Inc. (FSBW) Expected to Post Q3 2017 Earnings of $1.02 Per Share (americanbankingnews.com)
- Why FS Bancorp (FSBW) is Poised to Beat Earnings Estimates (Again) (finance.yahoo.com)
- FS Bancorp, Inc. Announces Closing of Public Offering and Full Exercise of Option to Purchase Additional Shares of Common Stock (finance.yahoo.com)
- FS Bancorp, Inc. (FSBW) Research Coverage Started at DA Davidson (americanbankingnews.com)
FS Bancorp (FSBW) opened at 50.17 on Tuesday. The company has a 50-day moving average price of $47.77 and a 200-day moving average price of $43.20. The company has a market capitalization of $146.55 million, a PE ratio of 11.76 and a beta of 0.41. FS Bancorp has a one year low of $27.80 and a one year high of $51.72.
The firm also recently announced a quarterly dividend, which was paid on Thursday, August 24th. Investors of record on Wednesday, August 9th were given a dividend of $0.11 per share. The ex-dividend date of this dividend was Monday, August 7th. This represents a $0.44 dividend on an annualized basis and a yield of 0.88%. FS Bancorp’s dividend payout ratio is presently 10.23%.
A number of equities analysts recently commented on FSBW shares. ValuEngine raised FS Bancorp from a “buy” rating to a “strong-buy” rating in a report on Friday, June 2nd. Zacks Investment Research raised FS Bancorp from a “hold” rating to a “buy” rating and set a $51.00 target price on the stock in a report on Monday, June 19th. Finally, DA Davidson started coverage on FS Bancorp in a report on Tuesday, September 12th. They issued a “neutral” rating and a $52.00 target price on the stock. One investment analyst has rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $47.75.
In related news, CEO Joseph C. Adams sold 4,446 shares of the business’s stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $44.80, for a total transaction of $199,180.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 13.19% of the company’s stock.
FS Bancorp Company Profile
FS Bancorp, Inc is a holding company for 1st Security Bank of Washington (the Bank). The Company is a diversified lender with a focus on the origination of indirect home improvement loans, also referred to as fixture secured loans, commercial real estate mortgage loans, home loans, commercial business loans and second mortgage and home equity loan products.
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