FS Bancorp, Inc. (NASDAQ:FSBW – Get Free Report) saw a large growth in short interest in June. As of June 15th, there was short interest totalling 22,000 shares, a growth of 27.2% from the May 31st total of 17,300 shares. Based on an average trading volume of 11,700 shares, the short-interest ratio is presently 1.9 days.
Analysts Set New Price Targets
Separately, StockNews.com cut FS Bancorp from a “buy” rating to a “hold” rating in a report on Wednesday, May 1st.
Check Out Our Latest Stock Analysis on FSBW
Hedge Funds Weigh In On FS Bancorp
FS Bancorp Price Performance
Shares of NASDAQ FSBW opened at $34.94 on Tuesday. The stock has a market capitalization of $272.39 million, a price-to-earnings ratio of 7.63 and a beta of 0.94. The business has a 50-day moving average of $32.88 and a 200-day moving average of $33.88. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.03 and a quick ratio of 1.01. FS Bancorp has a fifty-two week low of $28.07 and a fifty-two week high of $38.70.
FS Bancorp (NASDAQ:FSBW – Get Free Report) last posted its quarterly earnings results on Wednesday, April 24th. The bank reported $1.06 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.08. FS Bancorp had a return on equity of 14.17% and a net margin of 18.69%. The business had revenue of $35.46 million during the quarter, compared to analysts’ expectations of $34.05 million. As a group, sell-side analysts predict that FS Bancorp will post 4.21 earnings per share for the current fiscal year.
FS Bancorp Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, May 23rd. Investors of record on Thursday, May 9th were issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 2.98%. The ex-dividend date was Wednesday, May 8th. FS Bancorp’s payout ratio is currently 22.71%.
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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