FS Bancorp (FSBW) Earning Somewhat Positive Press Coverage, Study Finds

News articles about FS Bancorp (NASDAQ:FSBW) have trended somewhat positive on Wednesday, according to Accern. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. FS Bancorp earned a news impact score of 0.02 on Accern’s scale. Accern also assigned press coverage about the bank an impact score of 43.5633884909598 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Several research analysts have weighed in on the stock. Zacks Investment Research lowered shares of FS Bancorp from a “buy” rating to a “hold” rating in a research note on Wednesday, January 31st. ValuEngine lowered shares of FS Bancorp from a “strong-buy” rating to a “buy” rating in a research note on Friday, December 1st. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $50.75.

FS Bancorp (NASDAQ FSBW) traded down $0.52 during trading on Wednesday, reaching $54.70. 10,839 shares of the company’s stock traded hands, compared to its average volume of 10,372. The firm has a market cap of $204.43, a price-to-earnings ratio of 12.69, a PEG ratio of 1.19 and a beta of 0.50. The company has a current ratio of 1.04, a quick ratio of 0.96 and a debt-to-equity ratio of 0.17. FS Bancorp has a 1 year low of $35.80 and a 1 year high of $59.81.

FS Bancorp (NASDAQ:FSBW) last released its quarterly earnings data on Thursday, January 25th. The bank reported $0.87 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.92 by ($0.05). The company had revenue of $16.56 million during the quarter, compared to analyst estimates of $17.14 million. FS Bancorp had a net margin of 20.05% and a return on equity of 14.11%. research analysts expect that FS Bancorp will post 4.66 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 21st. Shareholders of record on Wednesday, February 7th were paid a $0.11 dividend. The ex-dividend date of this dividend was Tuesday, February 6th. This represents a $0.44 annualized dividend and a yield of 0.80%. FS Bancorp’s dividend payout ratio is presently 10.21%.

In other FS Bancorp news, Chairman Ted A. Leech sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of $54.47, for a total value of $272,350.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Mark Tueffers sold 2,400 shares of the company’s stock in a transaction that occurred on Tuesday, January 30th. The shares were sold at an average price of $56.25, for a total transaction of $135,000.00. Following the completion of the transaction, the director now owns 200 shares in the company, valued at approximately $11,250. The disclosure for this sale can be found here. 13.19% of the stock is currently owned by corporate insiders.

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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.

Insider Buying and Selling by Quarter for FS Bancorp (NASDAQ:FSBW)

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