FS Bancorp, Inc. (NASDAQ:FSBW) – Stock analysts at DA Davidson issued their Q3 2017 EPS estimates for FS Bancorp in a note issued to investors on Tuesday. DA Davidson analyst J. Rulis forecasts that the bank will earn $1.02 per share for the quarter. DA Davidson has a “Neutral” rating and a $52.00 price objective on the stock. DA Davidson also issued estimates for FS Bancorp’s Q4 2017 earnings at $0.82 EPS, FY2017 earnings at $4.05 EPS, Q1 2018 earnings at $0.84 EPS, Q2 2018 earnings at $0.94 EPS, Q3 2018 earnings at $1.01 EPS, Q4 2018 earnings at $0.97 EPS, FY2018 earnings at $3.75 EPS and FY2019 earnings at $4.05 EPS.

FSBW has been the subject of several other reports. ValuEngine raised shares of FS Bancorp from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 2nd. Zacks Investment Research raised shares of FS Bancorp from a “hold” rating to a “strong-buy” rating and set a $52.00 price target for the company in a research note on Wednesday, August 2nd. One analyst has rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $47.75.

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Shares of FS Bancorp (NASDAQ:FSBW) opened at 49.09 on Friday. The firm has a market capitalization of $143.39 million, a P/E ratio of 11.51 and a beta of 0.41. FS Bancorp has a 12-month low of $27.80 and a 12-month high of $51.72. The company has a 50-day moving average price of $47.58 and a 200-day moving average price of $43.03.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 24th. Stockholders of record on Wednesday, August 9th were paid a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a dividend yield of 0.90%. The ex-dividend date was Monday, August 7th. FS Bancorp’s dividend payout ratio (DPR) is 10.23%.

In other news, CEO Joseph C. Adams sold 4,446 shares of the company’s stock in a transaction dated Tuesday, August 1st. The shares were sold at an average price of $44.80, for a total transaction of $199,180.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 13.19% of the company’s stock.

Several large investors have recently modified their holdings of FSBW. Beese Fulmer Investment Management Inc. bought a new position in shares of FS Bancorp during the second quarter valued at about $224,000. Acadian Asset Management LLC raised its stake in shares of FS Bancorp by 28.6% during the second quarter. Acadian Asset Management LLC now owns 20,883 shares of the bank’s stock valued at $914,000 after acquiring an additional 4,638 shares during the last quarter. Spark Investment Management LLC raised its stake in shares of FS Bancorp by 35.2% during the second quarter. Spark Investment Management LLC now owns 14,600 shares of the bank’s stock valued at $639,000 after acquiring an additional 3,800 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in shares of FS Bancorp by 0.5% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 6,042 shares of the bank’s stock valued at $271,000 after acquiring an additional 30 shares during the last quarter. Finally, JPMorgan Chase & Co. bought a new position in shares of FS Bancorp during the second quarter valued at about $156,000.

About FS Bancorp

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.

Earnings History and Estimates for FS Bancorp (NASDAQ:FSBW)

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