Media headlines about FS Bancorp (NASDAQ:FSBW) have been trending somewhat positive recently, according to Accern. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. FS Bancorp earned a coverage optimism score of 0.10 on Accern’s scale. Accern also gave news headlines about the bank an impact score of 46.1746320033775 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of FS Bancorp (NASDAQ FSBW) traded down 0.02% during midday trading on Thursday, reaching $43.24. The company’s stock had a trading volume of 918 shares. FS Bancorp has a 52-week low of $25.47 and a 52-week high of $46.45. The stock has a market cap of $124.27 million, a price-to-earnings ratio of 11.34 and a beta of 0.43. The stock has a 50-day moving average price of $44.50 and a 200-day moving average price of $40.04.
FS Bancorp (NASDAQ:FSBW) last announced its earnings results on Wednesday, April 26th. The bank reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.10. FS Bancorp had a return on equity of 14.26% and a net margin of 17.91%. The firm had revenue of $14.40 million during the quarter, compared to analyst estimates of $14.05 million. Equities research analysts anticipate that FS Bancorp will post $3.59 earnings per share for the current fiscal year.
A number of equities research analysts have commented on the company. Raymond James Financial, Inc. assumed coverage on FS Bancorp in a research note on Wednesday, April 19th. They issued an “outperform” rating and a $43.00 price objective for the company. Zacks Investment Research raised FS Bancorp from a “hold” rating to a “buy” rating and set a $51.00 price objective for the company in a research note on Monday, June 19th. ValuEngine raised FS Bancorp from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 2nd. Finally, FIG Partners assumed coverage on FS Bancorp in a research note on Monday, April 17th. They issued an “outperform” rating and a $44.00 price objective for the company.
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In related news, COO Drew B. Ness sold 4,779 shares of the company’s stock in a transaction that occurred on Tuesday, May 16th. The stock was sold at an average price of $43.88, for a total value of $209,702.52. Following the sale, the chief operating officer now owns 12,721 shares in the company, valued at approximately $558,197.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Drew B. Ness sold 1,721 shares of the company’s stock in a transaction that occurred on Tuesday, May 23rd. The stock was sold at an average price of $43.51, for a total value of $74,880.71. Following the completion of the sale, the chief operating officer now owns 9,224 shares in the company, valued at approximately $401,336.24. The disclosure for this sale can be found here. Corporate 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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