Analysts forecast that FS Bancorp, Inc. (NASDAQ:FSBW) will report $29.55 million in sales for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for FS Bancorp’s earnings. The highest sales estimate is $30.50 million and the lowest is $28.60 million. FS Bancorp posted sales of $26.36 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 12.1%. The firm is scheduled to issue its next earnings report on Friday, April 23rd.

According to Zacks, analysts expect that FS Bancorp will report full-year sales of $115.25 million for the current fiscal year, with estimates ranging from $114.50 million to $116.00 million. For the next financial year, analysts expect that the company will post sales of $115.80 million, with estimates ranging from $115.40 million to $116.20 million. Zacks’ sales averages are a mean average based on a survey of research firms that follow FS Bancorp.

FS Bancorp (NASDAQ:FSBW) last announced its quarterly 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 business had revenue of $34.66 million for the quarter, compared to analyst estimates of $28.70 million.

A number of equities research analysts recently issued reports on FSBW shares. Raymond James upped their price target on shares of FS Bancorp from $53.00 to $58.00 and gave the company an “outperform” rating in a research note on Monday, February 1st. Zacks Investment Research upgraded shares of FS Bancorp from a “strong sell” rating to a “hold” rating in a report on Monday, February 1st.

NASDAQ FSBW traded up $0.30 during trading hours on Tuesday, hitting $59.50. 21,029 shares of the company’s stock traded hands, compared to its average volume of 11,655. The company has a current ratio of 1.09, a quick ratio of 0.96 and a debt-to-equity ratio of 0.83. FS Bancorp has a 52 week low of $27.50 and a 52 week high of $60.65. The firm has a market capitalization of $252.34 million, a P/E ratio of 7.71 and a beta of 1.27. The business’s fifty day moving average price is $57.63 and its two-hundred day moving average price is $49.57.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 25th. Investors of record on Thursday, February 11th will be issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date of this dividend is Wednesday, February 10th. This is a positive change from FS Bancorp’s previous quarterly dividend of $0.21. FS Bancorp’s dividend payout ratio is currently 20.23%.

Large investors have recently modified their holdings of the company. Price T Rowe Associates Inc. MD raised its holdings in shares of FS Bancorp by 18.4% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 369,711 shares of the bank’s stock worth $20,260,000 after purchasing an additional 57,582 shares during the period. BlackRock Inc. lifted its holdings in shares of FS Bancorp by 15.1% in the 4th quarter. BlackRock Inc. now owns 217,547 shares of the bank’s stock worth $11,923,000 after purchasing an additional 28,487 shares during the last quarter. Morgan Stanley raised its stake in FS Bancorp by 423.5% during the 3rd quarter. Morgan Stanley now owns 18,654 shares of the bank’s stock valued at $766,000 after acquiring an additional 15,091 shares in the last quarter. Assenagon Asset Management S.A. bought a new stake in shares of FS Bancorp in the 4th quarter worth $613,000. Finally, Janney Montgomery Scott LLC acquired a new position in shares of FS Bancorp in the 3rd quarter worth $287,000. Institutional investors and hedge funds own 56.98% 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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